Overview

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Est.

1934

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

IH Mississippi Valley Credit Union (EIN: 36-2523206) is a nonprofit organization focused on providing consumer, mortgage, and business loans, as well as deposit services to over 136,676 members. With an operating budget of $145.4 million and total revenue of $158.2 million for the fiscal year 2024, the organization demonstrates significant financial scale. It does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website, IHMVCU.ORG.

Mission Statement

PROVIDE CONSUMER, MORTGAGE, AND BUSINESS LOANS AND DEPOSIT SERVICES TO OVER 136,676 MEMBERS.
Revenues
$158.2M
Expenses
$145.8M
Net Income:
+$12.4M
Assets
$2.2B
Liabilities
$2B
Net Assets:
+$188.3M
Operating Budget
$145.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$18K
Largest grant received
$18K
B
Brian Laufenberg
Board Member
J
Jeff Carr
Board Member
S
Sam Kupresin
Board Member

Frequently Asked Questions

What is IH MISSISSIPPI VALLEY CREDIT UNION’s budget?
In 2024, IH MISSISSIPPI VALLEY CREDIT UNION reported an annual operating budget of around $145.4 million. More detailed financial information is available to registered users.
What causes does IH MISSISSIPPI VALLEY CREDIT UNION support?
IH MISSISSIPPI VALLEY CREDIT UNION supports work in Credit unions.
Where does IH MISSISSIPPI VALLEY CREDIT UNION operate?
IH MISSISSIPPI VALLEY CREDIT UNION is headquartered in Moline, IL.
Who funded IH MISSISSIPPI VALLEY CREDIT UNION recently?
In 2017, IH MISSISSIPPI VALLEY CREDIT UNION received grants from NATIONAL CREDIT UNION FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant IH MISSISSIPPI VALLEY CREDIT UNION received in 2017?
The largest grant to IH MISSISSIPPI VALLEY CREDIT UNION in 2017 exceeds $18 thousand.