Siue Credit Union

Organization Overview

Siue Credit Union is located in Edwardsville, IL. The organization was established in 1960. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Siue Credit Union employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Siue 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 12/2021, Siue Credit Union generated $913.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $783.3k during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

CREDIT UNION PROVIDING LOW COST FINANCIAL SERVICES TO SELECT EMPLOYEE GROUPS AND THE LOCAL COMMUNITY FOR MUTUAL PURPOSES

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED CONSUMER LOANS TO 700 MEMBERS


PROVIDED FIRST MORTGAGE LOANS TO 11 MEMBERS


RECEIVED DEPOSITS ON SAVINGS FROM 1800 MEMBERS


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$774,095
Investment income $139,180
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 $913,275

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