The Family Credit Union

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

EIN: 426061556 ✦ Davenport, IA ✦ Designated as a 501(c)(14)

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Overview

What is The Family Credit Union?

The Family Credit Union is a state-based financial institution, serving its members with various financial services. Led by David Hulsbrink, this credit union falls under the broader category of financial institutions and credit unions. As a state-chartered entity, it provides essential financial services to its members, playing a crucial role in the financial well-being of its community.


Official website here: www.familycu.com

What do the Facebook reviews say about The Family Credit Union?

84% of 36 reviewers on Facebook recommend The Family Credit Union. Here’s a summary of their observations:

Many users appreciate the friendly and helpful atmosphere, highlighting that the staff creates a welcoming environment for members. The positive interactions leave them feeling valued and supported in their banking needs.

Overall, the sentiment towards The Family Credit Union is favorable, with clients expressing satisfaction with the level of service they receive. The organization seems to effectively meet the expectations of its members.


This AI summary has been generated from reviews found on Facebook.

Is The Family Credit Union legitimate?

The Family Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. The Family 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: $2,524,897

For more financial information, click here


Official website here: www.familycu.com

What is the mission statement of The Family Credit Union?

The Family Credit Union, as a state-chartered credit union, is dedicated to serving its members by offering financial services. Its mission is to operate within the realm of financial institutions and credit unions, providing essential financial assistance to its members. David Hulsbrink oversees this organization, which is committed to catering to its members' financial needs. However, the specific objectives or goals beyond providing financial services are not provided in the given information.


Official website here: www.familycu.com

Who is the CEO of The Family Credit Union?

David Hulsbrink is the President/Ce of The Family Credit Union.


Official website here: www.familycu.com

What is the revenue of The Family Credit Union?

The Family Credit Union's revenue in 2022 was $10,254,548.


Official website here: www.familycu.com

Who are the executives of The Family Credit Union and what are their salaries?

The average compensation at The Family Credit Union during 2022 was $29,359. There are 86 employees and 11 volunteers at The Family Credit Union.


Here are 12 key members and their salaries:


David Hulsbrink (President/Ce)
  • Compensation: $138,877
  • Related: $0
  • Other: $24,759
Jim Bickford (Board Member)
  • Compensation: $4,224
  • Related: $0
  • Other: $0
William Buckley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Diekmann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Fredenburg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Horan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Lange (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Macdougall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Nichols (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Schnauber (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Turner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Zarn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.familycu.com

Where can I find the form 990 for The Family Credit Union?

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


Official website here: www.familycu.com

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

Mission Statement of The Family Credit Union

The Family Credit Union, as a state-chartered credit union, is dedicated to serving its members by offering a variety of financial services. At the helm of this organization is David Hulsbrink, who oversees its operations within the realm of financial institutions and credit unions. The mission of The Family Credit Union is centered around providing its members with financial resources, ensuring they have access to the financial tools they need to manage their finances effectively.

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Impact




October, 2024

The Family Credit Union significantly impacts its members by providing essential financial services tailored to meet their needs. Based in Davenport, Iowa, it operates as a state-chartered credit union, ensuring that the local community has access to a range of financial products and resources. Under the leadership of David Hulsbrink, the credit union fosters a supportive environment that empowers members to achieve their financial goals.

By offering services such as savings accounts, loans, and financial education, The Family Credit Union promotes financial literacy and stability within the community. Its commitment to public benefit helps build trust and reliability, enabling members to make informed financial decisions. The organization plays a crucial role in enhancing the overall economic well-being of the Davenport area, ensuring that members have the tools they need to thrive financially.




This information is meant to be a general summary of The Family 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
$10,254,548 (2022)
Expenses
$9,027,756 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $200,883
  • Program Service Revenue: $10,053,665
  • Gross Receipts: $10,254,548

Assets and Liabilities:

  • Total Assets: $238,738,568
  • Total Liabilities: $209,964,944
  • Net Assets: $28,773,624

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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

$6,847,962

FEE INCOME

Revenue

$2,889,500

MISCELLANEOUS INCOME

Revenue

$316,203

Organization Details

Founding Year

1935

Principal Officer

David Hulsbrink

Main Address

1530 WEST 53RD STREET, DAVENPORT, IA, 52806

NTEE Category

Code: W60 - Public benefit

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