Overview
What is Forbes Field Credit Union?
Forbes Field Credit Union is a not-for-profit financial institution situated in Topeka, Kansas, with a specific postal address of 5920 SE Coyote Drive. The credit union serves a membership base of 563 individuals, offering them a variety of financial and related services. Its primary mission is to provide its members with affordable financial services, boasting competitive savings rates. With a modest workforce of only two employees, Forbes Field Credit Union remains committed to catering to its members' financial needs in an economical manner.
Is Forbes Field Credit Union legitimate?
Forbes Field Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Forbes Field 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: $66,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,338
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What is the mission statement of Forbes Field Credit Union?
Forbes Field Credit Union is committed to offering its members affordable financial services with competitive savings rates. As a mission, the credit union aims to provide these benefits to its 563 members, ensuring they have access to reliable and cost-effective financial solutions. By focusing on low-cost services and high-yield savings, Forbes Field Credit Union strives to make a positive impact on its members' financial well-being.
Who is the CEO of Forbes Field Credit Union?
Unavailable The CEO's salary of Forbes Field Credit Union is $66,950 and their total compensation is $66,950.
What is the revenue of Forbes Field Credit Union?
Forbes Field Credit Union's revenue in 2022 was $232,644.
Who are the executives of Forbes Field Credit Union and what are their salaries?
The average compensation at Forbes Field Credit Union during 2022 was $59,169. There are 2 employees and 13 volunteers at Forbes Field Credit Union.
Here are 8 key members and their salaries (Forbes Field Credit Union's CEO's salary is $66,950 and their total compensation is $66,950):
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- Compensation: $66,950
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- Other: $0
Where can I find the form 990 for Forbes Field Credit Union?
Forbes Field Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Forbes Field Credit Union
Forbes Field Credit Union is a mission-driven organization that focuses on offering affordable financial services to its members. Their primary objective is to provide members with high-yield savings rates, ensuring they can save money effectively. By prioritizing low-cost services, the credit union aims to make financial management more accessible and beneficial for its members. With a member base of 563 individuals, Forbes Field Credit Union plays a significant role in providing financially related services to its community.
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Impact
October, 2024
Forbes Field Credit Union significantly impacts its community by offering low-cost financial services and high-yield savings rates to its 563 members. Located in Topeka, Kansas, the credit union focuses on ensuring that members have access to affordable financial products, which fosters savings and financial security.
By prioritizing the needs of its members, Forbes Field Credit Union not only promotes responsible financial practices but also contributes to the overall economic wellbeing of the community. This commitment to providing accessible financial services underscores its mission to benefit the public and supports members in achieving their financial goals.
This information is meant to be a general summary of Forbes Field 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.
- Investment Income: $10,785
- Program Service Revenue: $221,859
- Gross Receipts: $232,644
Assets and Liabilities:
- Total Assets: $5,578,632
- Total Liabilities: $4,847,817
- Net Assets: $730,815
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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
$186,654
Fees & Other Income
Revenue
$32,805
Warranty Sales
Revenue
$2,400
Organization Details
Founding Year
1958
Phone
(785) 861-4093Main Address
5920 SE Coyote Drive, Topeka, KS, 666191429
NTEE Category
Code: W60 - Public benefit
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