1385 Kh Credit Union

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

EIN: 310714622 ✦ Dayton, OH ✦ Designated as a 501(c)(14)

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Overview

What is 1385 Kh Credit Union?

1385 KH Network Credit Union is a distinguished financial institution, specifically categorized as a credit union. Their primary mission is to deliver top-notch financial services to their member base. By offering various programs, they aim to cater to their members' financial needs effectively. As a credit union, it operates within the broader realm of financial institutions.


Official website here: www.khnetworkcu.com

What do the Facebook reviews say about 1385 Kh Credit Union?

1385 Kh Credit Union has received positive sentiments from its limited number of reviewers. Although currently unrated, one member reflects a long-standing relationship with the credit union since 1997, expressing great satisfaction with their services. They highlight the responsiveness and willingness of the staff to answer questions and solve problems.

Overall, it appears that this credit union is dedicated to providing quality service and maintaining a strong connection with its members. The review suggests confidence in their operations and an encouraging future for new and existing members alike.


This AI summary has been generated from reviews found on Facebook.

Is 1385 Kh Credit Union legitimate?

1385 Kh Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. 1385 Kh 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: $262,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $639,738

For more financial information, click here


Official website here: www.khnetworkcu.com

What is the mission statement of 1385 Kh Credit Union?

1385 Kh Credit Union, as a credit union within the realm of financial institutions, is dedicated to delivering high-quality financial services to its member base. This mission is accomplished through the implementation of various programs, ensuring that each member receives the financial assistance they require. As a credit union, it operates with the primary goal of providing financial services, positioning itself as a reliable resource for its members.


Official website here: www.khnetworkcu.com

Who is the CEO of 1385 Kh Credit Union?

Bradley Mader is the President/Treasurer of 1385 Kh Credit Union.


Official website here: www.khnetworkcu.com

What is the revenue of 1385 Kh Credit Union?

1385 Kh Credit Union's revenue in 2022 was $3,197,075.


Official website here: www.khnetworkcu.com

Who are the executives of 1385 Kh Credit Union and what are their salaries?

The average compensation at 1385 Kh Credit Union during 2022 was $42,956. There are 21 employees and 8 volunteers at 1385 Kh Credit Union.


Here are 10 key members and their salaries:


Bradley Mader (President/Treasurer)
  • Compensation: $145,426
  • Related: $0
  • Other: $0
Catherine Heath (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mewhirter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Dabbelt (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Feller (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Cobb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Berry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krysti Jordan (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Etienne (Vice President)
  • Compensation: $116,919
  • Related: $0
  • Other: $0


Official website here: www.khnetworkcu.com

Where can I find the form 990 for 1385 Kh Credit Union?

1385 Kh Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.khnetworkcu.com

Learn more at the official website: www.khnetworkcu.com

Mission Statement of 1385 Kh Credit Union

1385 Kh Credit Union, as a reputable credit union, is dedicated to delivering top-notch financial services to its members. The organization's mission is to provide a wide range of programs that cater to the financial needs of its members. Acting as a financial institution, 1385 Kh Credit Union operates within the credit union category, ensuring it adheres to the principles of member-owned and -operated finance services.

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Impact




October, 2024

1385 Kh Credit Union significantly impacts its members by offering quality financial services tailored to meet their diverse needs. Located in Dayton, Ohio, it operates various programs that empower individuals and families to achieve financial stability and success. By providing access to essential financial products and services, such as savings accounts, loans, and financial education, it helps members build wealth and improve their financial literacy.

The credit union fosters a sense of community among its members, promoting cooperative financial practices that benefit everyone involved. By prioritizing member needs over profit, 1385 Kh Credit Union enhances the economic well-being of the local community, contributing to overall public benefit. It plays a crucial role in supporting the financial health of its members, which in turn strengthens the local economy. Through its mission of delivering quality financial services, 1385 Kh Credit Union remains dedicated to uplifting and empowering its community.




This information is meant to be a general summary of 1385 Kh 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
$3,197,075 (2022)
201120122013201420152016201720182019202020212022$0$900k$1.8M$2.7M$3.6M
Expenses
$2,811,402 (2022)
201120122013201420152016201720182019202020212022$0$850k$1.7M$2.55M$3.4M
Efficiency
2011201220132014201520162017201820192020202120220%8%16%24%37%

Other financial information:

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

  • Investment Income: $256,041
  • Program Service Revenue: $2,941,034
  • Gross Receipts: $3,197,075

Assets and Liabilities:

  • Total Assets: $75,041,078
  • Total Liabilities: $67,630,348
  • Net Assets: $7,410,730

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INCOME

Revenue

$2,232,981

FEE INCOME

Revenue

$662,341

OTHER INCOME

Revenue

$45,712

Organization Details

Founding Year

2005

Principal Officer

Bradley Mader

Main Address

7740 PARAGON ROAD, DAYTON, OH, 45459

NTEE Category

Code: W60 - Public benefit

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