Homeland Credit Union Inc

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

EIN: 310395830 ✦ Chillicothe, OH ✦ Designated as a 501(c)(14)

Overview

What is Homeland Credit Union Inc?

Homeland Credit Union Inc, headquartered in Chillicothe, Ohio, is a member-focused financial institution committed to encouraging savings and lending to its members. Established with the mission to promote thrift and provide credit, this credit union offers a range of financial services designed to serve and support its membership effectively.


Official website here: www.homelandcu.com

Is Homeland Credit Union Inc legitimate?

Homeland Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Homeland Credit Union Inc 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $968,815
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,744,072

For more financial information, click here


Official website here: www.homelandcu.com

What is the mission statement of Homeland Credit Union Inc?

Homeland Credit Union is dedicated to encouraging savings among its members and extending credit when necessary. The credit union's primary mission is to foster thrift and lending within its community. By providing financial services, Homeland Credit Union aims to help its members manage their money effectively and improve their financial well-being. The credit union serves as a not-for-profit financial cooperative, owned and controlled by its members, ensuring that the organization's focus remains on the best interests of its community.


Official website here: www.homelandcu.com

Who is the CEO of Homeland Credit Union Inc?

Shayne Poe is the Ceo of Homeland Credit Union Inc. The CEO's salary of Homeland Credit Union Inc is $290,338 and their total compensation is $290,338.


Official website here: www.homelandcu.com

What is the revenue of Homeland Credit Union Inc?

Homeland Credit Union Inc's revenue in 2022 was $16,065,435.


Official website here: www.homelandcu.com

Who are the executives of Homeland Credit Union Inc and what are their salaries?

The average compensation at Homeland Credit Union Inc during 2022 was $43,638. There are 108 employees and 15 volunteers at Homeland Credit Union Inc.

Here are 16 key members and their salaries (Homeland Credit Union Inc's CEO's salary is $290,338 and their total compensation is $290,338):

    Shayne Poe (Ceo)
  • Compensation: $290,338
  • Related: $0
  • Other: $0

    • Todd J Mcdonald (Cfo)
  • Compensation: $176,524
  • Related: $0
  • Other: $0

    • Heather R Irwin (Vp Member Services)
  • Compensation: $152,943
  • Related: $0
  • Other: $0

    • Sondra Butler (Director)
  • Compensation: $119,219
  • Related: $0
  • Other: $0

    • James H Matthews Jr (Vp It)
  • Compensation: $114,395
  • Related: $0
  • Other: $0

    • Kelly Hopper (Director)
  • Compensation: $105,403
  • Related: $0
  • Other: $0

    • John P Owens (Vp Of Lending & Sales)
  • Compensation: $7,993
  • Related: $0
  • Other: $0

    • Dana Widmayer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Miller (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Purdum (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald Thompson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frederick Fairrow Ii (2Nd Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth Fowler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mathew Cosenza (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip Butchers (1St Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judith Abernathy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.homelandcu.com

    Where can I find the form 990 for Homeland Credit Union Inc?

    The Homeland Credit Union Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.homelandcu.com

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

    Mission Statement of Homeland Credit Union Inc

    Homeland Credit Union, a renowned financial institution, is dedicated to the promotion of thrift and the provision of credit to its esteemed members. Nestled within this mission is the organization's primary goal: to encourage savings among its members and extend accessible financial services to them.

    The credit union's mission is twofold. First and foremost, it aims to foster a culture of thrift among its members, inspiring them to save and accumulate resources for their future financial needs. By doing so, Homeland Credit Union empowers its members to take control of their financial situation and build a solid foundation for their financial future.

    Secondly, Homeland Credit Union extends credit to its members, providing them with the means to borrow funds when necessary. This access to affordable credit fosters financial flexibility and enables members to address unexpected expenses or invest in opportunities that can enhance their financial well-being. By offering both savings and credit services, Homeland Credit Union plays an essential role in helping its members achieve their financial goals and improve their overall financial situation.

    Impact

    This information is meant to be a general summary of Homeland Credit Union Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Homeland Credit Union Inc's impact lies in empowering its members in Chillicothe, Ohio, to achieve financial stability and growth through its range of financial services. By promoting thrift and providing credit, Homeland Credit Union enables individuals and communities to access the financial resources they need to support their goals and aspirations. Through its mission-driven approach, Homeland Credit Union contributes to the economic well-being of its members and the broader community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $5,120,313
  • Program Service Revenue: $10,945,122
  • Gross Receipts: $18,412,209

    • Assets and Liabilities:
  • Total Assets: $513,400,298
  • Total Liabilities: $468,276,139
  • Net Assets: $45,124,159
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $8,106,582

    OTHER INCOME

    Revenue

    $1,111,169

    LENDING-RELATED INCOME

    Revenue

    $941,331

    FEES & COMMISSIONS

    Revenue

    $786,040

    Organization Details

    Founding Year

    1932

    Principal Officer

    Shayne Poe

    Main Address

    25 CONSUMER CENTER DRIVE, CHILLICOTHE, OH, 45601

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Homeland Credit Union Inc 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.