Overview
What is Polk County Credit Union?
Polk County Credit Union is a nonprofit financial institution, operated on a democratic basis, situated in Des Moines, Iowa. With approximately 727 members served during the 2022 tax year, it provides a reliable source of credit at reasonable interest rates and encourages savings among its members. As a cooperative, the credit union allows its members to manage their funds independently, aiming to improve their economic and social condition. With a small yet dedicated workforce of two individuals, Polk County Credit Union offers its services as a member-owned financial institution.
Official website here: www.polkcountycreditunion.com
Is Polk County Credit Union legitimate?
Polk County Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Polk County 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: $126,825
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.polkcountycreditunion.com
What is the mission statement of Polk County Credit Union?
Polk County Credit Union operates as a non-profit, member-owned cooperative financial institution. Its primary mission is to provide its members with a reliable source of credit at reasonable interest rates, encourage savings through thrift, and offer an opportunity for its members to manage their own funds in a democratic manner. This aim is designed to enhance the economic and social condition of its members. During the 2022 tax year, the credit union served approximately 727 members.
Official website here: www.polkcountycreditunion.com
Who is the CEO of Polk County Credit Union?
Krissy Katzmann is the Chairman of Polk County Credit Union. The CEO's salary of Polk County Credit Union is $59,085 and their total compensation is $69,954.
Official website here: www.polkcountycreditunion.com
What is the revenue of Polk County Credit Union?
Polk County Credit Union's revenue in 2022 was $282,344.
Official website here: www.polkcountycreditunion.com
Who are the executives of Polk County Credit Union and what are their salaries?
The average compensation at Polk County Credit Union during 2022 was $63,412. There are 2 employees at Polk County Credit Union.
Here are 11 key members and their salaries (Polk County Credit Union's CEO's salary is $59,085 and their total compensation is $69,954):
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- Compensation: $59,085
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- Other: $10,869
- Compensation: $46,004
- Related: $0
- Other: $10,867
Official website here: www.polkcountycreditunion.com
Where can I find the form 990 for Polk County Credit Union?
Polk County Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.polkcountycreditunion.com
Learn more at the official website: www.polkcountycreditunion.com
Mission Statement of Polk County Credit Union
Polk County Credit Union, as a non-profit member-owned cooperative financial institution, is committed to serving its members by providing them with a reliable source of credit at a fair and reasonable interest rate. This organization encourages its members to develop a habit of thrift and offers them an opportunity to manage their own money in a democratic manner. The ultimate goal of Polk County Credit Union is to help improve the economic and social condition of its members. During the 2022 tax year, it served approximately 727 members.
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Impact
October, 2024
Polk County Credit Union significantly enhances the financial well-being of its members by providing access to credit at fair and reasonable rates. This institution not only fosters a culture of thrift among its members but also empowers them to manage their finances democratically. By creating opportunities for members to control their own money, Polk County Credit Union plays a vital role in improving the economic and social conditions of the community it serves. In the 2022 tax year, it positively impacted approximately 727 members in Des Moines, IA, reinforcing its commitment to public benefit through cooperative financial practices.
This information is meant to be a general summary of Polk County 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $266,089
- Gross Receipts: $282,344
Assets and Liabilities:
- Total Assets: $6,482,443
- Total Liabilities: $5,639,545
- Net Assets: $842,898
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$238,648
INTEREST ON DEPOSITS
Revenue
$27,441
Organization Details
Founding Year
1955
Phone
(515) 244-8647Principal Officer
Krissy Katzmann
Main Address
111 COURT AVE ROOM 110, DES MOINES, IA, 50309
NTEE Category
Code: W60 - Public benefit
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