Blackhawk Community Credit Union

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

EIN: 396086299 ✦ Janesville, WI ✦ Designated as a 501(c)(14)

Overview

What is Blackhawk Community Credit Union?

Blackhawk Community Credit Union, based in Janesville, Wisconsin, is a state-chartered credit union with a mission to offer deposit accounts, loan accounts, and transaction services to its 45,450 members. This nonprofit organization aims to promote financial well-being for its members through personalized and straightforward financial management tools. With a staff of 207 employees, Blackhawk Community Credit Union serves as a reliable and reasonable credit source for its members.


Official website here: www.bhccu.org

Is Blackhawk Community Credit Union legitimate?

Blackhawk Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Blackhawk Community 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: $832,333
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,012,154

For more financial information, click here


Official website here: www.bhccu.org

What is the mission statement of Blackhawk Community Credit Union?

Blackhawk Community Credit Union is a Wisconsin-chartered credit union dedicated to offering deposit accounts, loan accounts, and transaction services to its members. The institution's mission revolves around providing straightforward and beneficial financial management tools through personalized service that advocates for and supports the financial well-being of its members. By focusing on accessibility and customized assistance, Blackhawk Community Credit Union aims to empower its members to effectively manage their finances and achieve financial stability.


Official website here: www.bhccu.org

Who is the CEO of Blackhawk Community Credit Union?

Lisa Palma is the Chairperson (Thru 03/22) of Blackhawk Community Credit Union. The CEO's salary of Blackhawk Community Credit Union is $421,158 and their total compensation is $466,098.


Official website here: www.bhccu.org

What is the revenue of Blackhawk Community Credit Union?

Blackhawk Community Credit Union's revenue in 2022 was $34,765,516.


Official website here: www.bhccu.org

Who are the executives of Blackhawk Community Credit Union and what are their salaries?

The average compensation at Blackhawk Community Credit Union during 2022 was $52,389. There are 207 employees and 10 volunteers at Blackhawk Community Credit Union.

Here are 17 key members and their salaries (Blackhawk Community Credit Union's CEO's salary is $421,158 and their total compensation is $466,098):

    Lisa Palma (Ceo)
  • Compensation: $421,158
  • Related: $0
  • Other: $44,940

    • Matt Wohlers (Executive Vp & Cao)
  • Compensation: $313,413
  • Related: $0
  • Other: $44,940

    • Lindsey Debartelo (Senior Vp-Operations & Coo)
  • Compensation: $231,841
  • Related: $0
  • Other: $21,294

    • Leslie Hulick (Senior Vp-Admin & Cao)
  • Compensation: $232,810
  • Related: $0
  • Other: $11,853

    • Glen Neeley (Investment Advisor)
  • Compensation: $194,548
  • Related: $0
  • Other: $39,904

    • David Schalk (Senior Vp-Lending & Clo)
  • Compensation: $188,956
  • Related: $0
  • Other: $27,405

    • Dan Kindl (Vp-Lending Production)
  • Compensation: $160,392
  • Related: $0
  • Other: $19,070

    • John Jenks (Chairperson) [Trustee/Director]
  • Compensation: $2,060
  • Related: $0
  • Other: $0

    • Eric Entringer (Vice Chairperson) [Trustee/Director]
  • Compensation: $1,235
  • Related: $0
  • Other: $0

    • Sarah Fegre (Secretary) [Trustee/Director]
  • Compensation: $1,080
  • Related: $0
  • Other: $0

    • Tim Cullen (Director (Thru 09/22))
  • Compensation: $1,075
  • Related: $0
  • Other: $0

    • Edmund Halabi (Treasurer) [Trustee/Director]
  • Compensation: $710
  • Related: $0
  • Other: $0

    • Marc Ausburger (Director)
  • Compensation: $520
  • Related: $0
  • Other: $0

    • Nancy Richardson (Director)
  • Compensation: $440
  • Related: $0
  • Other: $0

    • Daniel Jackson (Director)
  • Compensation: $440
  • Related: $0
  • Other: $0

    • Mary Frederick (Chairperson (Thru 03/22)) [Trustee/Director]
  • Compensation: $160
  • Related: $0
  • Other: $0

    • Tim Silha (Director (Thru 03/22))
  • Compensation: $160
  • Related: $0
  • Other: $0


  • Official website here: www.bhccu.org

    Where can I find the form 990 for Blackhawk Community Credit Union?

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


    Official website here: www.bhccu.org

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

    Mission Statement of Blackhawk Community Credit Union

    Blackhawk Community Credit Union, a state-chartered financial institution in Wisconsin, is committed to offering deposit accounts, loan accounts, and transaction services to its members. The organization's primary mission is to provide straightforward and helpful financial management tools through personalized service that bolsters and sustains the financial well-being of its members. By focusing on simplifying financial matters and providing customized assistance, Blackhawk Community Credit Union aims to empower its members, ensuring they are well-equipped to navigate their financial journeys.

    Impact

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




    Thursday, August 15, 2024

    Blackhawk Community Credit Union's impact lies in its mission to provide straightforward and helpful financial management tools through personalized service to promote and support its members' financial well-being. By encouraging thrift among its 45,450 members and offering fair and reasonable credit sources, Blackhawk Community Credit Union plays a vital role in enhancing the financial health of individuals and families in Janesville, Wisconsin. Through its services, the credit union contributes to the economic stability and empowerment of its community members, thereby fostering a more financially resilient society.





    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: $4,596,708
  • Program Service Revenue: $30,148,223
  • Gross Receipts: $34,765,516

    • Assets and Liabilities:
  • Total Assets: $819,730,736
  • Total Liabilities: $758,837,096
  • Net Assets: $60,893,640
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $21,560,942

    FEE INCOME

    Revenue

    $2,842,768

    CREDIT & DEBIT CARD INCOME

    Revenue

    $2,583,981

    MORTGAGE INCOME

    Revenue

    $1,024,218

    ATM INCOME

    Revenue

    $782,015

    Organization Details

    Founding Year

    1965

    Principal Officer

    Lisa Palma

    Main Address

    2640 W COURT STREET PO BOX 5366, JANESVILLE, WI, 535475366

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Blackhawk Community 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.