Overview
What is Pike Teacher's Credit Union?
Pike Teacher's Credit Union is a cooperative society, established with a dual objective. Located in Troy, Alabama, at 501 University Ave-Troy University, the credit union aims to foster thrift among its members and serve as a reliable source of credit for them at reasonable interest rates, as per the Code of Alabama. With a committed team of three individuals, the credit union operates according to its purpose, promoting financial well-being among educators and providing accessible credit solutions.
Is Pike Teacher's Credit Union legitimate?
Pike Teacher's Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Pike Teacher's 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: $62,165
For more financial information, click here
What is the mission statement of Pike Teacher's Credit Union?
Pike Teacher's Credit Union serves as a cooperative society, established with a dual purpose. Its primary objective is to encourage savings among its members, fostering a culture of thrift. Simultaneously, the credit union aims to provide its members with access to credit at reasonable interest rates, acting as a reliable source of financial assistance. This twofold mission is enshrined in the Code of Alabama, Section 5-17-1.
Who is the CEO of Pike Teacher's Credit Union?
Henry Haisten is the Manager of Pike Teacher's Credit Union.
What is the revenue of Pike Teacher's Credit Union?
Pike Teacher's Credit Union's revenue in 2020 was $135,906.
Who are the executives of Pike Teacher's Credit Union and what are their salaries?
The average compensation at Pike Teacher's Credit Union during 2020 was $20,722. There are 3 employees and 5 volunteers at Pike Teacher's Credit Union.
Here are 5 key members and their salaries:
- Compensation: $42,552
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pike Teacher's Credit Union?
Pike Teacher's Credit Union's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Pike Teacher's Credit Union
Pike Teacher's Credit Union, as a cooperative society, is established with a dual objective. Its primary purpose is to encourage savings among its members, fostering a culture of thrift. Simultaneously, the credit union serves as a reliable source of credit for its members, offering loans at reasonable interest rates. This twofold mission is enshrined in the Code of Alabama, section 5-17-1. By promoting thrift and providing accessible credit, Pike Teacher's Credit Union aims to support its members financially, contributing to their overall financial well-being.
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Impact
October, 2024
Pike Teacher's Credit Union plays a vital role in enhancing the financial well-being of its members in Troy, Alabama, by promoting thrift and providing access to low-interest credit. Through its cooperative approach, the Credit Union fosters a sense of community and shared commitment, enabling members to save more effectively and obtain loans at legitimate rates. This focus on thrift not only improves individual financial health but also strengthens the overall economic fabric of the local community. By empowering members to make informed financial decisions, Pike Teacher's Credit Union helps to create a sustainable and supportive environment for its members, contributing significantly to their financial stability and growth.
This information is meant to be a general summary of Pike Teacher's 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: $30,285
- Program Service Revenue: $102,155
- Gross Receipts: $135,906
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.
LOAN INTEREST INCOME
Revenue
$102,155
Organization Details
Founding Year
1954
Phone
(334) 670-3630Principal Officer
Henry Haisten
Main Address
501 UNIVERSITY AVE-TROY UNIVERSITY, TROY, AL, 36082
NTEE Category
Code: W60 - Public benefit
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