Overview
What is Liberty First Credit Union?
Liberty First Credit Union is a financial cooperative based in Lincoln, Nebraska, with a mission to promote thrift and offer diverse loan options to its members. With over 28,000 members at the end of 2019, the Credit Union had an impressive 17,000 outstanding loans. Members can choose from various deposit accounts such as savings, checking, certificates, and others. Liberty First Credit Union's activities revolve around fostering financial responsibility and providing essential financial services to its community.
Official website here: www.libertyfirstcu.com
Is Liberty First Credit Union legitimate?
Liberty First Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Liberty First 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: $2,450,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,789,988
For more financial information, click here
Official website here: www.libertyfirstcu.com
What is the mission statement of Liberty First Credit Union?
Liberty First Credit Union functions as a financial cooperative, encouraging members to practice thrift and offering them a range of loan options. With a membership base of 28,854 and 17,464 outstanding loans in 2019, this cooperative aims to help its members manage their finances. Beyond loans, Liberty First Credit Union provides various deposit account types to cater to its members' savings and checking needs. In summary, the Credit Union's mission revolves around promoting financial responsibility and providing affordable financial solutions to its membership.
Official website here: www.libertyfirstcu.com
Who is the CEO of Liberty First Credit Union?
Frank Wilber is the Ceo of Liberty First Credit Union. The CEO's salary of Liberty First Credit Union is $1,044,655 and their total compensation is $1,044,655.
Official website here: www.libertyfirstcu.com
What is the revenue of Liberty First Credit Union?
Liberty First Credit Union's revenue in 2022 was $27,495,724.
Official website here: www.libertyfirstcu.com
Who are the executives of Liberty First Credit Union and what are their salaries?
The average compensation at Liberty First Credit Union during 2022 was $54,269. There are 115 employees and 11 volunteers at Liberty First Credit Union.
Here are 14 key members and their salaries (Liberty First Credit Union's CEO's salary is $1,044,655 and their total compensation is $1,044,655):
- Frank Wilber (Ceo)
- Kevin Frenzel (Svp Sales/Servi)
- Paul Erickson (Svp Is)
- Jason Bell (Mortgage Loans)
- Angela Schriner (Svp Marketing)
- Lisa Krzycki (Mortgage Loans)
- Amy Davis (Mortgage Loans)
- Tom Bolton (Chairman) [Trustee/Director]
- Loyd Starkley Jr (Treasurer) [Trustee/Director]
- Tim Keelan (Director)
- Richard Batten (Director)
- Kersi Pajnigar (Director)
- Michael Hobelman (Secretary) [Trustee/Director]
- Mark Bostok (Director)
Official website here: www.libertyfirstcu.com
Where can I find the form 990 for Liberty First Credit Union?
The Liberty First Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.libertyfirstcu.com
Learn more at the official website: www.libertyfirstcu.com
Mission Statement of Liberty First Credit Union
Liberty First Credit Union, a financial cooperative, is dedicated to promoting thrift and offering a multitude of loan options to its members. With a significant membership base of 28,854 individuals and 17,464 active loans at the end of 2019, the Credit Union emphasizes the importance of saving and responsible borrowing. The organization's primary mission is to serve its members by facilitating financial growth and stability through various financial services.
Impact
This information is meant to be a general summary of Liberty First Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Liberty First Credit Union's impact can be seen in the financial empowerment it provides to its 28,854 members in Lincoln, NE. By encouraging thrift and offering a variety of loans, the credit union plays a crucial role in helping individuals achieve their financial goals. With 17,464 outstanding loans at the end of 2019, Liberty First Credit Union is instrumental in supporting members in making important purchases, investing in their future, and building financial stability. Through its deposit account options, such as savings, checking, and certificates, the credit union also promotes financial security and growth within the community. The commitment to serving the public benefit makes Liberty First Credit Union a valuable financial partner for its members and contributes positively to the local economy.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES AND CHARGES
Revenue
$5,453,974
LOAN FEES AND CHARGES
Revenue
$3,050,320
LOAN INCOME
Revenue
$16,788,778
OTHER
Revenue
$1,302,327
Organization Details
Founding Year
1935
Phone
(402) 465-1000
Principal Officer
Frank Wilber
Main Address
501 N 36th St, LINCOLN, NE, 68503
Website
www.libertyfirstcu.com
NTEE Category
Code: W60 - Public benefit
If you are a representative of Liberty First 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.