Overview
What is Nikkei Credit Union?
Nikkei Credit Union is a cooperative institution, based in Gardena, California, with the primary aim of promoting thrift and savings among its members. Serving a membership of 4,638 individuals, it provides both deposit and loan accounts, acting as a reliable source of credit and financial services at affordable rates. This nonprofit organization also serves as a convenient solution for members' savings and checking account needs. With a modest workforce of 14 employees, Nikkei Credit Union plays a crucial role in the financial well-being of its members, fostering a sense of community and financial stability.
Official website here: www.nikkeicu.org
Is Nikkei Credit Union legitimate?
Nikkei Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Nikkei 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: $301,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $771,621
For more financial information, click here
Official website here: www.nikkeicu.org
What is the mission statement of Nikkei Credit Union?
The Nikkei Credit Union is established with a mission to encourage thrift and savings among its members. Acting as a cooperative, its primary goal is to provide a low-cost source of credit and financial services to its members. The union additionally serves as a depository for member savings and checking account needs, offering affordable financial solutions.
Official website here: www.nikkeicu.org
Who is the CEO of Nikkei Credit Union?
Jon Hernandez is the Ceo of Nikkei Credit Union. The CEO's salary of Nikkei Credit Union is $162,176 and their total compensation is $171,326.
Official website here: www.nikkeicu.org
What is the revenue of Nikkei Credit Union?
Nikkei Credit Union's revenue in 2022 was $2,876,355.
Official website here: www.nikkeicu.org
Who are the executives of Nikkei Credit Union and what are their salaries?
The average compensation at Nikkei Credit Union during 2022 was $76,616. There are 14 employees and 9 volunteers at Nikkei Credit Union.
Here are 11 key members and their salaries (Nikkei Credit Union's CEO's salary is $162,176 and their total compensation is $171,326):
- Compensation: $162,176
- Related: $0
- Other: $9,150
- Compensation: $138,898
- Related: $0
- Other: $7,935
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nikkeicu.org
Where can I find the form 990 for Nikkei Credit Union?
Nikkei Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nikkeicu.org
Learn more at the official website: www.nikkeicu.org
Mission Statement of Nikkei Credit Union
Nikkei Credit Union, as a cooperative, is established with the purpose of fostering thrift and savings among its members. Its mission is centered around providing a low-cost source of credit and financial services to its members. By doing so, the credit union serves as a reliable provider for its members' savings and checking account needs, promoting financial stability and growth within its community.
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Impact
October, 2024
Nikkei Credit Union significantly enhances the financial well-being of its community by promoting thrift and savings among its members. Serving 4,638 individuals, it offers essential deposit and loan accounts, ensuring access to low-cost credit and financial services. By providing a reliable source for savings and checking account needs, Nikkei Credit Union fosters financial stability and empowerment in Gardena, CA, ultimately contributing to the economic health of its members and the community at large.
This information is meant to be a general summary of Nikkei 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: $411,831
- Program Service Revenue: $2,104,731
- Gross Receipts: $2,876,355
Assets and Liabilities:
- Total Assets: $90,027,226
- Total Liabilities: $79,892,241
- Net Assets: $10,134,985
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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
$2,104,731
Organization Details
Founding Year
1951
Phone
(310) 324-1544Principal Officer
Jon Hernandez
Main Address
18425 S WESTERN AVE, GARDENA, CA, 90248
Website
www.nikkeicu.orgNTEE Category
Code: W60 - Public benefit
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