First Nebraska Credit Union

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

EIN: 470524996 ✦ Omaha, NE ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is First Nebraska Credit Union?

First Nebraska Credit Union is a financially-focused organization, acting as a state-chartered credit union. It caters to the monetary requirements of its members, being an integral part of the credit union sector. The institution is managed by Ann Loftis and falls under the category of financial institutions, specifically credit unions. Its primary role is to meet the financial needs of its member base.


Official website here: www.firstnebraska.org

Is First Nebraska Credit Union legitimate?

First Nebraska Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. First Nebraska 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: $3,177,569

For more financial information, click here


Official website here: www.firstnebraska.org

What is the mission statement of First Nebraska Credit Union?

First Nebraska Credit Union, functioning as a state-chartered institution, is dedicated to catering to the financial requirements of its members. As part of the credit union sector, its mission is to ensure the financial well-being of its members. It operates under the leadership of its management, providing financial services in compliance with its charter. The credit union does not seek profit, but rather aims to serve its members effectively. It operates within the framework of credit unions, which are member-owned and not-for-profit financial cooperatives.


Official website here: www.firstnebraska.org

Who is the CEO of First Nebraska Credit Union?

Ann Loftis is the Board Member of First Nebraska Credit Union.


Official website here: www.firstnebraska.org

What is the revenue of First Nebraska Credit Union?

First Nebraska Credit Union's revenue in 2022 was $8,714,071.


Official website here: www.firstnebraska.org

Who are the executives of First Nebraska Credit Union and what are their salaries?

The average compensation at First Nebraska Credit Union during 2022 was $34,167. There are 93 employees and 8 volunteers at First Nebraska Credit Union.


Here are 5 key members and their salaries:


Julie Beers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Fisher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hosovec (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Kottmeyer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Wallace (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.firstnebraska.org

Where can I find the form 990 for First Nebraska Credit Union?

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


Official website here: www.firstnebraska.org

Learn more at the official website: www.firstnebraska.org

Mission Statement of First Nebraska Credit Union

First Nebraska Credit Union, as a state-chartered credit union, is committed to serving the financial needs of its members. This nonprofit organization, led by Ann Loftis, operates within the realm of credit unions, a distinctive group of financial institutions. Its mission is to provide financial services to its members, ensuring they have the necessary tools to manage their finances effectively. The credit union's operations are centered around its members' best interests, operating under the ethos of being a cooperative financial institution, owned and controlled by its members.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

First Nebraska Credit Union significantly impacts the local community by providing essential financial services tailored to meet the needs of its members. As a state-chartered credit union based in Omaha, Nebraska, it focuses on fostering financial wellness and accessibility. Under the leadership of Ann Loftis, the credit union prioritizes a member-first approach, ensuring competitive rates on loans and savings, personalized financial guidance, and educational resources. This commitment not only empowers individuals and families with better financial decision-making but also promotes economic growth within the community by reinvesting in local initiatives. First Nebraska Credit Union thus plays a vital role in enhancing the financial stability and overall quality of life for its members and the wider Omaha area.




This information is meant to be a general summary of First Nebraska 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
$8,714,071 (2022)
Expenses
$8,214,075 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $573,247
  • Program Service Revenue: $8,140,824
  • Gross Receipts: $8,714,071

Assets and Liabilities:

  • Total Assets: $183,513,271
  • Total Liabilities: $161,538,139
  • Net Assets: $21,975,132

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

INTEREST ON LOANS

Revenue

$5,844,331

MISCELLANEOUS INCOME

Revenue

$1,391,489

FEE INCOME

Revenue

$905,004

Organization Details

Founding Year

1964

Principal Officer

Ann Loftis

Main Address

10655 BEDFORD AVE, OMAHA, NE, 68134

NTEE Category

Code: W60 - Public benefit

If you are a representative of First Nebraska Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.