Overview
What is Trmc Employees Credit Union?
Trmc Employees Credit Union is a nonprofit organization, specifically a state-chartered credit union. Although the information provided indicates that this particular institution is no longer active, the original purpose of the organization was to serve a specific group, likely the employees of a particular company or organization, by offering financial services and savings options. The credit union's mission was to provide financial services, such as loans and savings accounts, to its members, promoting financial stability and security within the community it served.
Is Trmc Employees Credit Union legitimate?
Trmc Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Trmc Employees Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,713
For more financial information, click here
What is the mission statement of Trmc Employees Credit Union?
Trmc Employees Credit Union, as per the provided information, was a state-chartered credit union. Unfortunately, the data indicates that this nonprofit organization is no longer active or has been terminated. As such, it's not possible to provide details about its mission statement.
Who is the CEO of Trmc Employees Credit Union?
Dara C Harrell is the Board Member of Trmc Employees Credit Union.
What is the revenue of Trmc Employees Credit Union?
Trmc Employees Credit Union's revenue in 2020 was $131,569.
Who are the executives of Trmc Employees Credit Union and what are their salaries?
The average compensation at Trmc Employees Credit Union during 2020 was $619. There are 6 employees and 5 volunteers at Trmc Employees Credit Union.
Here are 7 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Trmc Employees Credit Union?
Trmc Employees Credit Union's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Trmc Employees Credit Union
Trmc Employees Credit Union, as per the provided information, was a state-chartered credit union that served its members with financial services. Unfortunately, this nonprofit organization is no longer active or in operation. Its mission, while not explicitly stated in the data, can be inferred from its status as a credit union, which typically aims to provide affordable financial services to its members. However, due to the limited information provided, it's not possible to provide a detailed summary of its mission or activities.
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Impact
October, 2024
Trmc Employees Credit Union, a state-chartered credit union based in Columbia, SC, served to promote the financial well-being of its members through accessible banking services and community support. The organization aimed to provide a range of financial products, including savings and loan options, tailored to meet the specific needs of its members.
Though it is currently no longer active, the credit union contributed to the public benefit by fostering a sense of community among its members. It allowed individuals to save and access funds in a cooperative environment, emphasizing the values of teamwork and mutual support. Additionally, credit unions like Trmc typically focus on offering lower fees and better interest rates than traditional banks, which can significantly enhance financial stability for their members.
Overall, Trmc Employees Credit Union played a role in empowering individuals and strengthening the financial health of the local community during its operation.
This information is meant to be a general summary of Trmc Employees Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $2,458
- Program Service Revenue: $104,590
- Gross Receipts: $131,569
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$102,334
FEE INCOME
Revenue
$2,256
Organization Details
Founding Year
1966
Phone
(803) 255-8517Principal Officer
Dara C Harrell
Main Address
800 HUGER STREET, COLUMBIA, SC, 29201
NTEE Category
Code: W60 - Public benefit
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