Streator Onized Credit Union

Organization Overview

Streator Onized Credit Union is located in Streator, 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 12/2021, Streator Onized Credit Union employed 145 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Streator Onized 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, Streator Onized Credit Union generated $20.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $14.7m during the year ending 12/2021. While expenses have increased by 8.1% 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 WILL PROVIDE QUALITY FINANCIAL SERVICES THAT WILL ENHANCE THE ECONOMIC AND SOCIAL WELL-BEING OF THE MEMBERS AND COMMUNITIES THAT IT SERVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED CONSUMER LOANS TO 7764 MEMBERS.


PROVIDED 117 REAL ESTATE LOANS TO MEMBERS.


RECEIVED DEPOSITS ON SAVINGS FOR 3594 NEW ACCOUNTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Diebold
Security Services
$124,756
Transunion
Credit Reports
$118,177
View All Vendors

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$20,172,712
Investment income $249,880
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $28,275
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,466,912

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