Hershey Robinson Employees Credit Union

Organization Overview

Hershey Robinson Employees Credit Union is located in Robinson, IL. The organization was established in 1973. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hershey Robinson Employees Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2022, Hershey Robinson Employees Credit Union generated $118.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $102.5k during the year ending 12/2022. While expenses have increased by 0.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ASSIST ALL MEMBERS WITH THEIR FINANCIAL NEEDS SUCH AS SHARE ACCOUNTSAND LOANS

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASSIST ALL MEMBERS WITH THEIR FINANCIAL NEEDS SUCH AS SHARE ACCOUNTSAND LOANS


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$370
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$111,587
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$111,957
Total Program Service Revenue$0
Investment income $6,687
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $118,644

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