Ilwu Credit Union

Fiscal year ending 2018. Filed on November 9, 2019.

PO Box 7629
Long Beach, California 90807

Ilwu Credit Union (EIN: 95-1786417) has filed an IRS Form 990 from fiscal year 20162018. In its fiscal year 2018 IRS Form 990 filing, Ilwu Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 7 out of 60 total employees. Among the employees shown here, the average compensation is $165,575. The highest compensated employee at Ilwu Credit Union is Ralph Ruiz with fiscal year 2018 compensation of $309,226.

Revenue, expenses, and employee compensation

Revenue

$16,210,365

Expenses

$13,029,841

Employee compensation

$4,842,409
Revenue, expenses, and employee compensation over time

Mission Statement

A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT FOR THEM AT RATES OF INTEREST SET BY THE BOARD OF DIRECTORS, AND PROVIDING AN OPPORTUNITY FOR THEM TO USE AND CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITIONS. AS A COOPERATIVE, I.L.W.U. CREDIT UNION CONDUCTS ITS BUSINESS FOR THE MUTUAL BENEFIT AND GENERAL WELFARE OF ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, OR SERVICES OF THE CREDIT UNION BEING DISTRIBUTED TO ITS MEMBERS AS PATRONS.

Revisions to this organization profile

November 9, 2019:
2018 Ilwu Credit Union 990 filed
October 8, 2018:
2017 Ilwu Credit Union 990 filed
November 4, 2017:
2016 Ilwu Credit Union 990 filed

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