Lincoln Sda Credit Union

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

EIN: 476037284 ✦ Lincoln, NE ✦ Designated as a 501(c)(14)

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Overview

What is Lincoln Sda Credit Union?

Lincoln Sda Credit Union is a state-regulated financial institution, falling under the category of credit unions and other financial institutions. Led by Lynda Wilhelm, the credit union serves its members with essential financial services. As a state-chartered entity, Lincoln Sda Credit Union adheres to specific regulations and guidelines, ensuring its operations are secure and reliable for its members. Although the information provided does not detail its mission or activities, it is safe to assume that like other credit unions, Lincoln Sda Credit Union exists to provide financial services such as savings, loans, and other financial products to its members.


Official website here: www.licolnsdacu.org

Is Lincoln Sda Credit Union legitimate?

Lincoln Sda Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Lincoln Sda 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: $117,449

For more financial information, click here


Official website here: www.licolnsdacu.org

What is the mission statement of Lincoln Sda Credit Union?

Lincoln Sda Credit Union, functioning as a state-chartered credit union, is dedicated to serving within the financial institutions and credit unions category. Its primary objective is to provide financial services to its members, adhering to the principles of credit unions, such as not-for-profit, member-owned, and community-focused. The credit union's operations are guided by the principles of accountability, transparency, and member-centricity, aiming to enhance the financial well-being of its members. While the mission statement specifics are not provided, it can be inferred that Lincoln Sda Credit Union's goal is to offer reliable and affordable financial services to its members, fostering financial stability and growth.


Official website here: www.licolnsdacu.org

Who is the CEO of Lincoln Sda Credit Union?

Lynda Wilhelm is the Board Member of Lincoln Sda Credit Union.


Official website here: www.licolnsdacu.org

What is the revenue of Lincoln Sda Credit Union?

Lincoln Sda Credit Union's revenue in 2022 was $326,824.


Official website here: www.licolnsdacu.org

Who are the executives of Lincoln Sda Credit Union and what are their salaries?

The average compensation at Lincoln Sda Credit Union during 2022 was $29,362. There are 4 employees and 9 volunteers at Lincoln Sda Credit Union.


Here are 6 key members and their salaries:


Thaddeous Edgerton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Enos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonnie Kreiter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Nazario (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawntae Razo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Rickard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.licolnsdacu.org

Where can I find the form 990 for Lincoln Sda Credit Union?

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


Official website here: www.licolnsdacu.org

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

Mission Statement of Lincoln Sda Credit Union

Lincoln Sda Credit Union, as a state-chartered credit union, serves within the realm of financial institutions and credit unions. Led by Lynda Wilhelm, this organization operates with a primary focus on providing financial services to its members. While the mission statement is not explicitly provided, it can be inferred that Lincoln Sda Credit Union aims to offer reliable, affordable, and accessible financial solutions, typical of credit unions, to its member-owners, fostering financial stability and well-being.

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Impact




October, 2024

Lincoln SDA Credit Union plays a significant role in the financial landscape of Lincoln, Nebraska. As a state-chartered credit union, it offers vital financial services tailored to meet the needs of its members, fostering a sense of community and support. By providing affordable loans, savings accounts, and financial education, Lincoln SDA Credit Union empowers individuals and families to achieve greater financial stability and independence.

Under the leadership of Lynda Wilhelm, the credit union emphasizes a mission dedicated to public benefit, ensuring that its services are accessible and focused on the needs of its members. This commitment not only enhances the financial well-being of its community but also contributes to the overall economic development of the area. The credit union's impact is felt through its active participation in community events and initiatives, reinforcing its role as a cornerstone of support in Lincoln.




This information is meant to be a general summary of Lincoln Sda 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
$326,824 (2022)
Expenses
$467,396 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $79,657
  • Program Service Revenue: $247,167
  • Gross Receipts: $326,824

Assets and Liabilities:

  • Total Assets: $10,986,105
  • Total Liabilities: $8,949,967
  • Net Assets: $2,036,138

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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

$219,320

FEE INCOME

Revenue

$19,855

OTHER INCOME

Revenue

$7,992

Organization Details

Founding Year

1965

Principal Officer

Lynda Wilhelm

Main Address

4733 PRESCOTT AVE, LINCOLN, NE, 68506

NTEE Category

Code: W60 - Public benefit

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