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Memorial Health Credit Union

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

EIN: 237336583 ✦ Savannah, GA ✦ Designated as a 501(c)(14)

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Overview

What is Memorial Health Credit Union?

Memorial Health Credit Union is a community-focused financial institution located in Savannah, Georgia. Their primary goal is to offer affordable financial services to their members. As a credit union, they aim to provide a range of financial products and services at lower costs compared to traditional banks. This nonprofit organization serves as a valuable resource for its members, offering them financial assistance and support in managing their finances effectively.


Official website here: www.memorialhealthcu.org

Is Memorial Health Credit Union legitimate?

Memorial Health Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Memorial Health 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: $133,477
Professional Fundraising Fees: $0
Other Salaries and Wages: $353,355

For more financial information, click here


Official website here: www.memorialhealthcu.org

What is the mission statement of Memorial Health Credit Union?

Memorial Health Credit Union is dedicated to serving its members by offering affordable financial services. Their mission is to provide these financial services at a lower cost compared to other financial institutions. This credit union is committed to ensuring that its members have access to financial resources at reasonable prices, contributing to their financial well-being. The credit union's operations are geared towards meeting the financial needs of its members effectively and efficiently.


Official website here: www.memorialhealthcu.org

Who is the CEO of Memorial Health Credit Union?

Don Hill is the Ceo of Memorial Health Credit Union. The CEO's salary of Memorial Health Credit Union is $133,477 and their total compensation is $133,477.


Official website here: www.memorialhealthcu.org

What is the revenue of Memorial Health Credit Union?

Memorial Health Credit Union's revenue in 2021 was $987,795.


Official website here: www.memorialhealthcu.org

Who are the executives of Memorial Health Credit Union and what are their salaries?

The average compensation at Memorial Health Credit Union during 2021 was $48,683. There are 10 employees and 12 volunteers at Memorial Health Credit Union.


Here are 9 key members and their salaries (Memorial Health Credit Union's CEO's salary is $133,477 and their total compensation is $133,477):


Don Hill (Ceo)
  • Compensation: $133,477
  • Related: $0
  • Other: $0
Lisa Aaron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacquelyn Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Humphrey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Leslie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karl Grotheer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Washington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Wiggins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.memorialhealthcu.org

Where can I find the form 990 for Memorial Health Credit Union?

Memorial Health Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.memorialhealthcu.org

Learn more at the official website: www.memorialhealthcu.org

Mission Statement of Memorial Health Credit Union

Memorial Health Credit Union, a notable credit union, is dedicated to providing affordable financial services to its members. Their mission is centered around offering cost-effective financial solutions to the individuals who are a part of their community. By prioritizing affordability, Memorial Health Credit Union aims to make financial services accessible to all its members, ensuring they can manage their finances effectively.

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Impact




October, 2024

Memorial Health Credit Union significantly impacts the Savannah community by offering low-cost financial services tailored to the needs of its members. By providing affordable banking options, the credit union helps individuals manage their finances effectively, promotes financial literacy, and supports economic stability within the community. The credit union's commitment to accessibility ensures that members have the resources they need to achieve their financial goals, contributing to the overall well-being and empowerment of savannah residents. This focus on serving the community fosters trust and strengthens relationships among members, enhancing the social fabric of the area.




This information is meant to be a general summary of Memorial Health 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
$987,795 (2021)
Expenses
$981,799 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $86,249
  • Program Service Revenue: $745,556
  • Gross Receipts: $987,795

Assets and Liabilities:

  • Total Assets: $22,907,659
  • Total Liabilities: $19,467,236
  • Net Assets: $3,440,423

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Organization Details

Founding Year

1972

Principal Officer

Don Hill

Main Address

901 E 65th St, Savannah, GA, 31405

NTEE Category

Code: W61 - Public benefit

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