Healthcare Associates Credit Union

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

EIN: 363047069 ✦ Naperville, IL ✦ Designated as a 501(c)(14)

Overview

What is Healthcare Associates Credit Union?

Healthcare Associates Credit Union is a member-driven financial institution based in Naperville, Illinois. With a workforce of 80 employees, this credit union aims to promote savings among its members and offers them access to affordable credit. It provides various loan options, such as home equity, credit card, and vehicle loans, to eligible members in good standing. Additionally, share draft accounts come with no monthly fees for qualifying members. The credit union also facilitates electronic access to accounts using ATM/debit cards and checkcards. Their commitment is to serve and support their members financially.


Official website here: www.hacu.org

Is Healthcare Associates Credit Union legitimate?

Healthcare Associates Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Healthcare Associates 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: $1,902,852
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,116,597

For more financial information, click here


Official website here: www.hacu.org

What is the mission statement of Healthcare Associates Credit Union?

Healthcare Associates Credit Union's primary objective is to foster savings among its members and serve as a dependable lending institution. The credit union extends loans to eligible members in good standing, offering various types such as home equity, credit card, and vehicle loans. Furthermore, share draft accounts are accessible with no monthly fees to those members who meet the requirements. Lastly, members have the convenience of using ATM/debit cards and checkcards to manage their accounts electronically.


Official website here: www.hacu.org

What is the revenue of Healthcare Associates Credit Union?

Healthcare Associates Credit Union's revenue in 2022 was $20,273,181.


Official website here: www.hacu.org

Who are the executives of Healthcare Associates Credit Union and what are their salaries?

The average compensation at Healthcare Associates Credit Union during 2022 was $62,743. There are 80 employees and 12 volunteers at Healthcare Associates Credit Union.

Here are 20 key members and their salaries (Healthcare Associates Credit Union's CEO's salary is $1,167,121 and their total compensation is $1,277,617):

    Joseph J Kregul (President/Ceo) [Trustee/Director]
  • Compensation: $1,167,121
  • Related: $0
  • Other: $110,496

    • Todd Niedermeier (Svp/Coo)
  • Compensation: $283,959
  • Related: $0
  • Other: $80,189

    • Jennifer Marie Albertalli (Svp/Strategic Initiatives)
  • Compensation: $197,252
  • Related: $0
  • Other: $63,836

    • Sara Christine Kuchar (Vp Business Technologies)
  • Compensation: $184,949
  • Related: $0
  • Other: $45,201

    • Adam T Dumoulin (Vp Accounting & Finance)
  • Compensation: $163,847
  • Related: $0
  • Other: $51,707

    • Elian M Caban (Vp Member Services)
  • Compensation: $176,486
  • Related: $0
  • Other: $21,125

    • Jean Morris (Avp Loan Operations)
  • Compensation: $128,808
  • Related: $0
  • Other: $32,943

    • Jordan Csepregi (Avp Marketing)
  • Compensation: $124,669
  • Related: $0
  • Other: $14,867

    • Dayla L Randolph (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack A Gilbert (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth J Rojek (Past Chairman, Treasurer/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Marseille (Director- Left February 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth C Robbins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Martinez (Director- Left August 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucy Zielinski (Director- Added February 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Martorelli (Director- Added February 2022, Left August 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rashard Johnson (Director- Left July 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terri L Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vince D Keenan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William J Huff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hacu.org

    Where can I find the form 990 for Healthcare Associates Credit Union?

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


    Official website here: www.hacu.org

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

    Mission Statement of Healthcare Associates Credit Union

    Healthcare Associates Credit Union, a financial institution dedicated to its members, aims to foster savings and serve as a reliable lending source. The credit union's primary objective is to inspire its members to save and, in turn, offer them reasonable credit opportunities when needed. The array of loans provided by Healthcare Associates Credit Union includes home equity, credit card, and vehicle loans, ensuring flexibility for its members' financial needs.

    Additionally, Healthcare Associates Credit Union extends convenience to its members through various electronic access options. Members can apply for and access ShareDraft accounts without monthly fees, and they have the ability to utilize ATM/Debit cards and Checkcards for deposits, withdrawals, and account inquiries. These features contribute significantly to the Credit Union's commitment to making financial services accessible and convenient for its members.

    Impact

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




    Thursday, August 15, 2024

    Healthcare Associates Credit Union's impact is evident in the financial well-being of its members. By encouraging thrift and providing reasonable credit options, the credit union supports its members in achieving their financial goals. Through offerings such as home equity, credit card, and vehicle loans, as well as sharedraft accounts with no monthly fees, Healthcare Associates Credit Union helps individuals access the financial tools they need to manage their expenses and investments. Additionally, the availability of ATM/debit cards and checkcards for electronic account access ensures convenient and secure transactions for members. Overall, Healthcare Associates Credit Union plays a crucial role in promoting financial stability and empowerment within its 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: $3,909,033
  • Program Service Revenue: $16,004,527
  • Gross Receipts: $20,307,272

    • Assets and Liabilities:
  • Total Assets: $455,322,003
  • Total Liabilities: $415,388,282
  • Net Assets: $39,933,721
  • Programs

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

    Member Loans

    Revenue

    $11,309,316

    Share/Check Program

    Revenue

    $2,223,132

    ATM/Debit Card Services

    Revenue

    $1,327,904

    Credit Card Program

    Revenue

    $800,041

    Insurance Program

    Revenue

    $344,134

    Organization Details

    Founding Year

    1979

    Main Address

    PO Box 3053, Naperville, IL, 605667053

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Healthcare Associates 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.