NonprofitsChicago Post Office Employees Credit Union

Chicago Post Office Employees Credit Union

CHICAGO, IL

Total revenue

$2.7M

Total expenses

$2.5M

Net assets

$6.0M

Grants received

$25K

2 grants

EIN

360903975

Tax year

2024

Mission

To assist our members in the management of their financial well-being by providing loans , savings accounts and other financial institution services in a friendly and professional manner.

Programs

2 programs

Received deposits on savings from 4,900 members. Paid out $156,328 in dividends to its members at a market rate of interest on $21,792,147 of total savings at december 2024.

Provided checking account and overdraft services to 2,148 members.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.3M
Investment income$392K
Other revenue
Total revenue$2.7M

Expenses

Grants paid
Salaries & benefits$923K
Fundraising
Other expenses$1.6M
Total expenses$2.5M
Total assets$28.1M
Net assets$6.0M

People

8 listed

NameRoleCompensation

DEBORAH WALKER FEARS

PRESIDENT/CEO

Board

$147K

50 hrs/wk

CHARLES E MAY

CHAIRMAN OF THE BOARD

Board

1 hrs/wk

BARBARA J SINGLETON

VICE CHAIR OF THE BOARD

Board

1 hrs/wk

CAROL COOK

SECRETARY OF THE BOARD

Board

1 hrs/wk

MICHELLE JOHNSON

DIRECTOR

Board

1 hrs/wk

EDDIE T TODD

DIRECTOR

Board

1 hrs/wk

LANEDA R PITTS

DIRECTOR

Board

1 hrs/wk

KENNETH ALLEN

TREASURER OF THE BOARD

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$15K
RACIAL EQUITY GRAND AWARD REFG 2024
2024
$10K
CREDIT UNION IMPACT CAPACITY BUILDING
2023

Funded by

$25K from 1 funder · 2 grants · 2023–2024

Inclusiv Inc

$25K · 2 grants · 2023–2024

Details

EIN360903975
Subsection14
Ruling date1935-08
Formed1928
Employees14
Volunteers12
CHICAGO POST OFFICE EMPLOYEES CREDIT UNION — Mission, Financials & Grants Received | Grantivo