Brazos Community Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237083133 ✦ Alvin, TX ✦ Designated as a 501(c)(14)

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Overview

What is Brazos Community Credit Union?

Brazos Community Credit Union is a financial institution located in Alvin, Texas, specifically at PO Box 3003, ZIP code 77512. With a dedicated workforce of six employees, they offer a variety of loan products to their members at competitive rates. Their mission is to provide sound financial services to their members in a personal and professional manner, demonstrating a commitment to their members' financial well-being.

Is Brazos Community Credit Union legitimate?

Brazos Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Brazos Community 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: $139,975
Professional Fundraising Fees: $0
Other Salaries and Wages: $283,296

For more financial information, click here

What is the mission statement of Brazos Community Credit Union?

Brazos Community Credit Union is committed to delivering reliable financial services to its members in a personal and professional manner. Their mission is centered around providing a wide range of loan products at competitive rates. The credit union prioritizes serving its members with integrity and dedication, ensuring they receive the best financial solutions tailored to their needs.

Who is the CEO of Brazos Community Credit Union?

Wesley Shaw is the Board Chair of Brazos Community Credit Union. The CEO's salary of Brazos Community Credit Union is $139,975 and their total compensation is $139,975.

What is the revenue of Brazos Community Credit Union?

Brazos Community Credit Union's revenue in 2022 was $1,834,355.

Who are the executives of Brazos Community Credit Union and what are their salaries?

The average compensation at Brazos Community Credit Union during 2022 was $70,545. There are 6 employees at Brazos Community Credit Union.


Here are 6 key members and their salaries (Brazos Community Credit Union's CEO's salary is $139,975 and their total compensation is $139,975):


David Montemayor Jr (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Jefferson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Netta Shingler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Grays (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Green (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley Shaw (Ceo)
  • Compensation: $139,975
  • Related: $0
  • Other: $0
Where can I find the form 990 for Brazos Community Credit Union?

Brazos Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Brazos Community Credit Union

Brazos Community Credit Union is committed to delivering reliable financial services to its members in a personal and professional manner. This mission statement underscores the credit union's dedication to providing its members with a wide array of loan products at competitive rates. By emphasizing a personal approach, Brazos Community Credit Union differentiates itself from other financial institutions, demonstrating a deep-rooted commitment to its members' financial well-being.

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Impact




October, 2024

Brazos Community Credit Union positively impacts its members by delivering sound financial services tailored to their needs. Located in Alvin, TX, the credit union provides a wide array of loan products at competitive rates, facilitating financial growth and stability for individuals and families. Through its commitment to a personalized approach, Brazos Community Credit Union fosters a sense of community and supports the financial well-being of its members. By prioritizing their financial health, the credit union enhances the economic landscape of the region, empowering members to achieve their financial goals.




This information is meant to be a general summary of Brazos Community 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.

Revenue
$1,834,355 (2022)
Expenses
$1,826,292 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,405
  • Program Service Revenue: $1,825,950
  • Gross Receipts: $1,834,355

Assets and Liabilities:

  • Total Assets: $25,320,752
  • Total Liabilities: $20,380,269
  • Net Assets: $4,940,483

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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

$1,517,873

FEES AND CHARGES

Revenue

$244,757

OTHER INCOME

Revenue

$63,320

Organization Details

Founding Year

1970

Principal Officer

Wesley Shaw

Main Address

PO BOX 3003, ALVIN, TX, 77512

NTEE Category

Code: W60 - Public benefit

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