794 Kyger Creek Kyger Creek Credit Union Inc

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

EIN: 310604035 ✦ Cheshire, OH ✦ Designated as a 501(c)(14)

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Overview

What is 794 Kyger Creek Kyger Creek Credit Union Inc?

794 Kyger Creek Kyger Creek Credit Union Inc is a small nonprofit organization situated in Cheshire, Ohio. Established with the aim of promoting thrift and offering credit, the credit union serves approximately 1450 members. Its primary mission is to foster savings and lending among its members, supporting their financial needs effectively. With a modest workforce of just two employees, the credit union maintains a low-key presence in the community, providing essential financial services.

Is 794 Kyger Creek Kyger Creek Credit Union Inc legitimate?

794 Kyger Creek Kyger Creek Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 794 Kyger Creek Kyger Creek Credit Union Inc 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: $118,251

For more financial information, click here

What is the mission statement of 794 Kyger Creek Kyger Creek Credit Union Inc?

The 794 Kyger Creek Kyger Creek Credit Union Inc's primary objective is centered around promoting thrift and providing credit to its members. This mission is geared towards fostering financial responsibility among its members and extending credit as a service to them. The credit union served approximately 1450 members, utilizing this mission as its guiding principle.

Who is the CEO of 794 Kyger Creek Kyger Creek Credit Union Inc?

John Vanmeter is the Director of 794 Kyger Creek Kyger Creek Credit Union Inc.

What is the revenue of 794 Kyger Creek Kyger Creek Credit Union Inc?

794 Kyger Creek Kyger Creek Credit Union Inc's revenue in 2022 was $478,578.

Who are the executives of 794 Kyger Creek Kyger Creek Credit Union Inc and what are their salaries?

The average compensation at 794 Kyger Creek Kyger Creek Credit Union Inc during 2022 was $59,126. There are 2 employees and 14 volunteers at 794 Kyger Creek Kyger Creek Credit Union Inc.


Here are 7 key members and their salaries:


Edward Mcgovern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Saunders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Haislop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Simpson (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Moles (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Vanmeter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Staufer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 794 Kyger Creek Kyger Creek Credit Union Inc?

794 Kyger Creek Kyger Creek Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 794 Kyger Creek Kyger Creek Credit Union Inc

794 Kyger Creek Kyger Creek Credit Union Inc, as a credit union, is committed to promoting thrift and providing credit to its members. This mission is essential to the credit union's operations, aiming to foster financial responsibility among its members and extend credit when needed. By promoting thrift, the credit union encourages its members to save regularly, thereby building financial stability. Simultaneously, the provision of credit allows members to access funds for various purposes, such as purchasing a home, financing education, or starting a small business, thereby enabling them to improve their financial well-being. In essence, 794 Kyger Creek Kyger Creek Credit Union Inc serves its members by promoting financial prudence and providing them with the necessary credit to meet their financial needs.

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Impact




October, 2024

794 Kyger Creek Kyger Creek Credit Union Inc plays a vital role in supporting its community by promoting thrift and providing accessible credit to approximately 1,450 members. Located in Cheshire, Ohio, the credit union fosters financial stability among its members by encouraging saving habits and offering credit solutions tailored to their needs. This focus on thrift and credit access not only enhances individual financial health but also strengthens the local economy. By serving the financial needs of its members, the credit union contributes significantly to the overall wellbeing and economic resilience of the community.




This information is meant to be a general summary of 794 Kyger Creek Kyger Creek Credit Union Inc. 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
$478,578 (2022)
Expenses
$386,282 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $61,487
  • Program Service Revenue: $417,091
  • Gross Receipts: $478,578

Assets and Liabilities:

  • Total Assets: $17,523,553
  • Total Liabilities: $13,977,186
  • Net Assets: $3,546,367

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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

$413,112

FEES CHARGED FOR SERVI

Revenue

$3,979

Organization Details

Founding Year

1957

Principal Officer

John Vanmeter

Main Address

5758 STATE ROUTE 7 N, CHESHIRE, OH, 45620

NTEE Category

Code: W60 - Public benefit

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