Kemba Peoria Credit Union

Organization Overview

Kemba Peoria Credit Union is located in Peoria, IL. The organization was established in 1934. 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, Kemba Peoria Credit Union employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kemba Peoria 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, Kemba Peoria Credit Union generated $520.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $524.5k during the year ending 12/2021. 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

TO ASSIST OUR MEMBERS IN THE MANAGEMENT OF THEIR FINANCIAL WELL-BEING BY PROVIDING LOANS, SAVINGS ACCOUNTS AND OTHER FINANCIAL SERVICES IN A FRIENDLY PROFESSIONAL MANNER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED IN EXCESS OF 840 LOAN ACCOUNTS TO MEMBERS. PROVIDED VISA CARDS, SHARE DRAFTS, AND ATM CARDS TO MEMBERS. RECEIVED DEPOSITS AND ISSUED CD'S TO IN EXCESS OF 2,900 MEMBERS ACCOUNTS.


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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$417,518
Investment income $9,578
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 $520,100

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