Dakota Plains Credit Union

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

EIN: 450278483 ✦ Edgeley, ND ✦ Designated as a 501(c)(14)

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Overview

What is Dakota Plains Credit Union?

Dakota Plains Credit Union is a nonprofit organization, headquartered at PO Box 248, Edgeley, North Dakota 58433. Its primary focus is to offer financial services to its membership base. With a dedicated workforce of 34 employees, the credit union aims to provide essential financial support to its members, ensuring they have access to necessary financial services. The organization's mission remains dedicated to its non-profit status, serving its field of members with financial services.


Official website here: www.dakotaplainscreditunion.com

Is Dakota Plains Credit Union legitimate?

Dakota Plains Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Dakota Plains 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: $161,569
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,317,588

For more financial information, click here


Official website here: www.dakotaplainscreditunion.com

What is the mission statement of Dakota Plains Credit Union?

Dakota Plains Credit Union is a non-profit organization that prioritizes providing financial services to its membership. Its mission, in essence, is to serve this specific community by offering financial solutions. The credit union operates with a commitment to offering financial services, ensuring that its mission aligns with the needs of its members. It is important to note that the credit union operates as a non-profit entity, indicating its dedication to its field of membership beyond the pursuit of profit.


Official website here: www.dakotaplainscreditunion.com

Who is the CEO of Dakota Plains Credit Union?

Jeanne Witt is the Vice Chairman of Dakota Plains Credit Union.


Official website here: www.dakotaplainscreditunion.com

What is the revenue of Dakota Plains Credit Union?

Dakota Plains Credit Union's revenue in 2022 was $4,666,653.


Official website here: www.dakotaplainscreditunion.com

Who are the executives of Dakota Plains Credit Union and what are their salaries?

The average compensation at Dakota Plains Credit Union during 2022 was $43,505. There are 34 employees and 8 volunteers at Dakota Plains Credit Union.


Here are 6 key members and their salaries:


Laverne Anderson (Vice Chairman)
  • Compensation: $1,400
  • Related: $0
  • Other: $0
Warren Toay (Director)
  • Compensation: $1,300
  • Related: $0
  • Other: $0
Kent Schimke (Director)
  • Compensation: $800
  • Related: $0
  • Other: $0
Fallon Kelly (Director)
  • Compensation: $1,000
  • Related: $0
  • Other: $0
Mark Sheppard (Chairman)
  • Compensation: $1,400
  • Related: $0
  • Other: $0
Jeanne Witt (President)
  • Compensation: $161,569
  • Related: $0
  • Other: $26,292


Official website here: www.dakotaplainscreditunion.com

Where can I find the form 990 for Dakota Plains Credit Union?

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


Official website here: www.dakotaplainscreditunion.com

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

Mission Statement of Dakota Plains Credit Union

Dakota Plains Credit Union, as a non-profit organization, is dedicated to providing financial services to its membership field. Its mission, in simple terms, is to serve its members by offering various financial solutions. This non-profit entity operates with the goal of enhancing the financial well-being of its members, offering them a wide range of financial services. It is crucial to note that Dakota Plains Credit Union is not just a financial institution; it is a non-profit organization, which means it operates with a social purpose beyond earning profits for its shareholders. Instead, it aims to contribute positively to its membership community, providing them with the financial tools they need to manage their finances effectively.

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Impact




October, 2024

Dakota Plains Credit Union plays a significant role in the financial well-being of its community by offering accessible financial services tailored to a diverse field of membership. Operating in Edgeley, North Dakota, the credit union is dedicated to providing critical support that empowers individuals and families to achieve their financial goals.

By prioritizing member needs and focusing on local engagement, Dakota Plains Credit Union fosters economic growth within the community. It helps improve financial literacy and access to essential services, empowering its members to make informed financial decisions. The organization's commitment to public benefit is evident in its mission to offer value-driven services, which contribute to the overall financial stability and prosperity of the region.

Through its initiatives and services, Dakota Plains Credit Union not only enhances individual financial health but also contributes to the broader economic vitality of Edgeley, reinforcing the interconnectedness of financial institutions and community development.




This information is meant to be a general summary of Dakota Plains 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
$4,666,653 (2022)
Expenses
$3,660,039 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $114,906
  • Program Service Revenue: $4,551,747
  • Gross Receipts: $4,666,653

Assets and Liabilities:

  • Total Assets: $91,981,100
  • Total Liabilities: $82,526,419
  • Net Assets: $9,454,681

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Programs

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

INTEREST INCOME - LOAN

Revenue

$3,616,408

FEES AND CHARGES

Revenue

$880,427

OTHER INCOME

Revenue

$54,912

Organization Details

Founding Year

1941

Principal Officer

Jeanne Witt

Main Address

PO BOX 248, EDGELEY, ND, 58433

NTEE Category

Code: W60 - Public benefit

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