Indiana University Credit Union

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

EIN: 350987917 ✦ Bloomington, IN ✦ Designated as a 501(c)(14)

Overview

What is Indiana University Credit Union?

Indiana University Credit Union is a Bloomington, Indiana-based financial institution that operates as a state-chartered credit union. This nonprofit organization, with a workforce of 236 employees, offers credit union programs and activities, which are exempt under section 501(c)(14). The credit union's mission focuses on providing financial services to its members within the state.


Official website here: www.iucu.org

Is Indiana University Credit Union legitimate?

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

Here are some key statistics you may want to consider:

Executive Compensation: $2,381,036
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,838,576

For more financial information, click here


Official website here: www.iucu.org

What is the mission statement of Indiana University Credit Union?

Indiana University Credit Union is a state-chartered financial institution with a mission focused on credit union programs. Exempt under section 501(c)(14), all their activities adhere to the credit union model. Their primary objective is to provide financial services and resources to their membership. By offering various credit union programs, they aim to foster financial well-being and promote economic opportunities for their members. Their activities are designed to enhance the financial lives of their community, embodying the cooperative spirit of credit unions.


Official website here: www.iucu.org

Who is the CEO of Indiana University Credit Union?

Bryan W Price is the President And Ceo of Indiana University Credit Union. The CEO's salary of Indiana University Credit Union is $688,676 and their total compensation is $759,740.


Official website here: www.iucu.org

What is the revenue of Indiana University Credit Union?

Indiana University Credit Union's revenue in 2022 was $56,693,244.


Official website here: www.iucu.org

Who are the executives of Indiana University Credit Union and what are their salaries?

The average compensation at Indiana University Credit Union during 2022 was $56,015. There are 236 employees and 16 volunteers at Indiana University Credit Union.

Here are 24 key members and their salaries (Indiana University Credit Union's CEO's salary is $688,676 and their total compensation is $759,740):

    Bryan W Price (President And Ceo)
  • Compensation: $688,676
  • Related: $0
  • Other: $71,064

    • Andrew Allard (Svp, Chief Operating Officer)
  • Compensation: $281,787
  • Related: $0
  • Other: $55,936

    • Julie Ragsdale (Svp, Chief Administrative Officer)
  • Compensation: $245,482
  • Related: $0
  • Other: $44,823

    • Sarah Rogers (Svp Business Services)
  • Compensation: $219,947
  • Related: $0
  • Other: $49,512

    • Chris Hawk (Svp, Cfo)
  • Compensation: $218,341
  • Related: $0
  • Other: $49,702

    • Teddie Gambler (Svp Chief Information Officer)
  • Compensation: $188,186
  • Related: $0
  • Other: $37,104

    • David Sipes (Svp Chief Marketing Officer)
  • Compensation: $185,584
  • Related: $0
  • Other: $36,604

    • Anthony Rastall (Vp Business Services)
  • Compensation: $147,817
  • Related: $0
  • Other: $42,763

    • Amy Doan (Vp Business Services)
  • Compensation: $144,580
  • Related: $0
  • Other: $32,859

    • Trish Ierino (Vp Sales And Service)
  • Compensation: $131,152
  • Related: $0
  • Other: $33,381

    • Lori Forrester (Vp Member Service Support)
  • Compensation: $129,412
  • Related: $0
  • Other: $33,167

    • Scott Trilling (Vp Business Services)
  • Compensation: $135,116
  • Related: $0
  • Other: $0

    • Jon Barada (Director)
  • Compensation: $2,038
  • Related: $0
  • Other: $0

    • Doris Sims (Board Vice Chair) [Trustee/Director]
  • Compensation: $1,692
  • Related: $0
  • Other: $0

    • Kim Milford (Board Past Chair) [Trustee/Director]
  • Compensation: $1,669
  • Related: $0
  • Other: $0

    • Brad Heim (Director)
  • Compensation: $1,460
  • Related: $0
  • Other: $0

    • Neil Powell (Director)
  • Compensation: $1,429
  • Related: $0
  • Other: $0

    • Dennis Cromwell (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Veda Walcott (Board Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Smart (Board Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denvil Duncan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Mobley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shatoyia Moss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Henke (Former Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.iucu.org

    Where can I find the form 990 for Indiana University Credit Union?

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


    Official website here: www.iucu.org

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

    Mission Statement of Indiana University Credit Union

    Indiana University Credit Union, a state-chartered financial institution, is dedicated to providing credit union programs. This nonprofit organization's mission is centered around the activities it undertakes, all of which fall under the exempt category of section 501(c)(14). The Credit Union's primary goal is to facilitate financial services for its members, adhering to the principles of a credit union - not-for-profit, member-owned, and democratically controlled. Indiana University Credit Union's initiatives encompass a broad range of credit union activities, all designed to serve its membership effectively. The Credit Union's commitment to its members extends beyond just offering financial services; it aims to build long-lasting relationships based on trust and mutual support. By focusing on credit union programs, Indiana University Credit Union is able to create a unique financial ecosystem that benefits its members, fostering financial literacy, stability, and growth.

    Impact

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




    Thursday, August 15, 2024

    Indiana University Credit Union's impact is felt through its state-chartered credit union programs that benefit the community in Bloomington, Indiana. By providing financial services and resources to its members, the credit union contributes to economic empowerment, financial inclusion, and overall well-being in the region. Through its activities as a credit union, Indiana University Credit Union plays a vital role in supporting individuals and families in achieving their financial goals and security.





    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: $4,133,002
  • Program Service Revenue: $52,515,579
  • Gross Receipts: $56,693,244

    • Assets and Liabilities:
  • Total Assets: $1,565,475,253
  • Total Liabilities: $94,181,845
  • Net Assets: $1,471,293,408
  • Programs

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

    Loan interest income

    Revenue

    $39,784,702

    Debit and credit card interchange inc

    Revenue

    $6,890,723

    Overdraft and return fee income

    Revenue

    $2,493,440

    Business owned life insurance

    Revenue

    $935,519

    Account transfer fees

    Revenue

    $466,207

    Organization Details

    Founding Year

    1956

    Principal Officer

    Bryan W Price

    Main Address

    PO Box 368, Bloomington, IN, 474020368

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Indiana University 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.