The Hub-Co Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 426060491 ✦ Keokuk, IA ✦ Designated as a 501(c)(14)

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Overview

What is The Hub-Co Credit Union?

The Hub-Co Credit Union is a nonprofit organization, specifically a state-chartered credit union. Although its current status is not actively functioning, its primary mission was to provide financial services and resources to its members. As a credit union, it likely offered savings, loan, and other banking services to its members, contributing to their financial well-being. The specifics of its activities and services are not detailed in the provided information.


Official website here: www.hubcocu.com

Is The Hub-Co Credit Union legitimate?

The Hub-Co Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. The Hub-Co Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,687

For more financial information, click here


Official website here: www.hubcocu.com

What is the mission statement of The Hub-Co Credit Union?

The Hub-Co Credit Union, as per the provided information, is a terminated or inactive state-chartered credit union. Unfortunately, the mission statement or activities of this credit union were not included in the provided data. Therefore, I'm unable to provide a summary of its mission statement.


Official website here: www.hubcocu.com

Who is the CEO of The Hub-Co Credit Union?

Harold Peterson is the Vice Chair of The Hub-Co Credit Union.


Official website here: www.hubcocu.com

What is the revenue of The Hub-Co Credit Union?

The Hub-Co Credit Union's revenue in 2022 was $531,697.


Official website here: www.hubcocu.com

Who are the executives of The Hub-Co Credit Union and what are their salaries?

The average compensation at The Hub-Co Credit Union during 2022 was $36,172. There are 4 employees at The Hub-Co Credit Union.


Here are 9 key members and their salaries:


Edward Bazow (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Bryant (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Elting (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Glasscock (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Glover (Audit Commit)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mickelson (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Peterson (Secretary An)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Roberts (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Sellers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hubcocu.com

Where can I find the form 990 for The Hub-Co Credit Union?

The Hub-Co Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hubcocu.com

Learn more at the official website: www.hubcocu.com

Mission Statement of The Hub-Co Credit Union

The Hub-Co Credit Union, as per the information provided, was a state-chartered credit union. However, it is important to note that this nonprofit organization is no longer active or in operation. The mission of The Hub-Co Credit Union, during its operational period, was not explicitly stated in the provided data. Therefore, I cannot provide a detailed summary or paraphrase of its mission. I apologize for any inconvenience this may cause.

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Impact




October, 2024

The Hub-Co Credit Union, formerly operating in Keokuk, IA, significantly contributed to the local community through its focus on financial accessibility and support for individuals and families. As a state-chartered credit union, it aimed to provide affordable banking services, fostering financial literacy and promoting savings among its members. Its mission centered around public benefit, helping to enhance the economic well-being of the local populace. By offering loans, savings accounts, and financial advice, it played a pivotal role in empowering individuals to achieve their financial goals and improve their quality of life. Although now terminated or no longer active, its impact on the community remains a testament to the importance of accessible financial institutions in promoting economic stability and growth.




This information is meant to be a general summary of The Hub-Co Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$531,697 (2022)
Expenses
$648,203 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $127,078
  • Program Service Revenue: $401,514
  • Gross Receipts: $531,697

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$337,990

FEE INCOME

Revenue

$61,013

MISCELLANEOUS INCOME

Revenue

$2,511

Organization Details

Founding Year

1938

Principal Officer

Harold Peterson

Main Address

310 BANK STREET, KEOKUK, IA, 52632

NTEE Category

Code: W60 - Public benefit

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