Overview

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Est.

1949

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Simplicity Credit Union is a nonprofit member-owned thrift institution that provides financial services primarily through holding deposits and making loans to its members. With an operating budget of $29.7 million and total revenue of $32.5 million for the filing year 2024, the organization focuses on enhancing financial accessibility for individuals. More information can be found on their website at www.simplicity.coop.

Mission Statement

A NONPROFIT MEMBER-OWNED THRIFT INSTITUTION ORGANIZED TO PROVIDE FINANCIAL SERVICES TO INDIVIDUALS. OPERATIONS ARE PRIMARILY RELATED TO HOLDING DEPOSITS FOR AND MAKING LOANS TO MEMBERS.
Revenues
$32.5M
Expenses
$29.7M
Net Income:
+$2.8M
Assets
$500.1M
Liabilities
$454.3M
Net Assets:
+$45.9M
Operating Budget
$29.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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N
Nicholas Faber
Board Member
M
Mark Page
Board Member
S
Sue Shulfer
Board Member

Frequently Asked Questions

What is SIMPLICITY CREDIT UNION’s budget?
In 2024, SIMPLICITY CREDIT UNION reported an annual operating budget of around $29.7 million. More detailed financial information is available to registered users.
What causes does SIMPLICITY CREDIT UNION support?
SIMPLICITY CREDIT UNION supports work in Financial services.
Where does SIMPLICITY CREDIT UNION operate?
SIMPLICITY CREDIT UNION is headquartered in Marshfield, WI.