Burlington Northern Santa Fe Railway Credit Union

Organization Overview

Burlington Northern Santa Fe Railway Credit Union is located in Cicero, IL. The organization was established in 2001. 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 12/2022, Burlington Northern Santa Fe Railway Credit Union employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burlington Northern Santa Fe Railway 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, Burlington Northern Santa Fe Railway Credit Union generated $263.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $333.8k during the year ending 12/2022. While expenses have increased by 2.7% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

CREDIT UNION

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE OUR MEMBERS WITH A SAFE PLACE TO SAVE MONEY AT A COMPETITIVE RATE


LENDING MONEY TO MEMBERS AT COMPETITIVE RATES


COST OF PROVIDING STAFF TO SERVICE THE MEMBERS NEEDS


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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$224,792
Investment income $38,744
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 $263,536

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