Decatur Earthmover Credit Union

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

EIN: 376026191 ✦ Forsyth, IL ✦ Designated as a 501(c)(14)

Overview

What is Decatur Earthmover Credit Union?

Decatur Earthmover Credit Union, based in Central Illinois, is a full-service financial institution dedicated to serving its community. Their primary goal is to establish enduring connections by delivering top-notch financial services. The credit union offers various financial products and services, including lending options for both new and existing members, deposit collection, and certificate of deposit issuance. Additionally, they provide home equity and first mortgage loans to their members.


Official website here: www.decu.com

Is Decatur Earthmover Credit Union legitimate?

Decatur Earthmover Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Decatur Earthmover 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: $1,099,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,856,845

For more financial information, click here


Official website here: www.decu.com

What is the mission statement of Decatur Earthmover Credit Union?

Decatur Earthmover Credit Union is dedicated to establishing enduring connections with its members by delivering top-notch financial services. As a full-service financial institution, it offers loans to both new and existing members, accepts savings deposits, issues certificates of deposit, and grants home equity and first mortgage loans. The organization's primary goal is to foster strong relationships with its clientele by providing exceptional financial services.


Official website here: www.decu.com

Who is the CEO of Decatur Earthmover Credit Union?

Barry Schmidt is the President of Decatur Earthmover Credit Union.


Official website here: www.decu.com

What is the revenue of Decatur Earthmover Credit Union?

Decatur Earthmover Credit Union's revenue in 2022 was $16,543,031.


Official website here: www.decu.com

Who are the executives of Decatur Earthmover Credit Union and what are their salaries?

The average compensation at Decatur Earthmover Credit Union during 2022 was $32,182. There are 154 employees and 8 volunteers at Decatur Earthmover Credit Union.

Here are 18 key members and their salaries:

    Barry Schmidt (President) [Trustee/Director]
  • Compensation: $269,242
  • Related: $0
  • Other: $0

    • Kim Carlson (Cfo)
  • Compensation: $193,866
  • Related: $0
  • Other: $0

    • Beth Perry (Executive Vice President)
  • Compensation: $107,545
  • Related: $0
  • Other: $0

    • Ramonda Hines (Vp Of Information Technology)
  • Compensation: $96,062
  • Related: $0
  • Other: $0

    • Beth Puckett (Vp Of Lending)
  • Compensation: $83,880
  • Related: $0
  • Other: $0

    • Kim Brown (Vp Of Hr And Organizational Development)
  • Compensation: $75,834
  • Related: $0
  • Other: $0

    • Raven Schultz (Vp Of Operations And Virtual Services)
  • Compensation: $72,837
  • Related: $0
  • Other: $0

    • Macie Yearta (Vp Of Financial Services)
  • Compensation: $69,901
  • Related: $0
  • Other: $0

    • Jes Younghouse (Vp Of Marketing And Brand)
  • Compensation: $66,525
  • Related: $0
  • Other: $0

    • Katy Blakey (Associate Vice President)
  • Compensation: $63,530
  • Related: $0
  • Other: $0

    • Mike Ferguson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Kraft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benny Lourash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Stephens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Wilhour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelita Hansbro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Mueller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Beery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.decu.com

    Where can I find the form 990 for Decatur Earthmover Credit Union?

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


    Official website here: www.decu.com

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

    Mission Statement of Decatur Earthmover Credit Union

    Decatur Earthmover Credit Union, a full-fledged financial institution, is dedicated to fostering enduring relationships within the community by delivering superior financial services. The credit union's primary objectives include extending loans to new and existing members, accepting savings deposits from current and prospective members, and issuing certificates of deposit to its member base. In addition to these essential services, Decatur Earthmover Credit Union offers home equity and first mortgage loans to its members, further cementing its commitment to empowering individuals with financial solutions that cater to their unique needs.

    Decatur Earthmover Credit Union's mission extends beyond the realm of basic financial transactions. By focusing on relationship-building, the credit union distinguishes itself from other financial institutions. The organization's unwavering dedication to providing exceptional services stems from its belief that strong connections foster trust and loyalty within its member community. As a result, Decatur Earthmover Credit Union not only offers financial products and services but also fosters a sense of belonging among its members.

    In conclusion, Decatur Earthmover Credit Union, a leading financial institution, is committed to nurturing lasting relationships by delivering top-notch financial services to its members. Through its core offerings, such as extending loans and accepting deposits, as well as its dedication to providing home equity and first mortgage loans, the credit union empowers individuals to make informed financial decisions and build a strong financial foundation. By focusing on relationship-building, Decatur Earthmover Credit Union stands out as a trusted partner in the financial journeys of its members.

    Impact

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




    Thursday, August 15, 2024

    Decatur Earthmover Credit Union plays a crucial role in the financial well-being of individuals in Central Illinois. By providing various financial services such as loans, savings accounts, certificates of deposits, and home equity loans, Decatur Earthmover Credit Union helps its members achieve their financial goals and improve their quality of life. Its mission to build lasting relationships by offering exceptional financial services underscores its commitment to serving the community and contributing to its economic growth. Through its operations, Decatur Earthmover Credit Union positively impacts the lives of its members and helps strengthen the local economy.





    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: $1,899,620
  • Program Service Revenue: $9,019,297
  • Gross Receipts: $16,543,031

    • Assets and Liabilities:
  • Total Assets: $306,701,377
  • Total Liabilities: $283,715,976
  • Net Assets: $22,985,401
  • Programs

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

    Interest on Loans

    Revenue

    $7,466,858

    Fees and charges

    Revenue

    $1,552,439

    Organization Details

    Founding Year

    1957

    Principal Officer

    Barry Schmidt

    Main Address

    260 W Marion Ave, Forsyth, IL, 62535

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Decatur Earthmover 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.