1158 Scott Associates Credit Union

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

EIN: 310736256 ✦ Marysville, OH ✦ Designated as a 501(c)(14)

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Overview

What is 1158 Scott Associates Credit Union?

1158 Scott Associates Credit Union is a member-owned, not-for-profit financial cooperative situated in Marysville, Ohio. Established with a mission to serve its members, the credit union offers various loan and deposit services. As a state-chartered organization, it operates based on the cooperative principle, ensuring that its operations are driven by the needs and interests of its member-owners. With a small team of five dedicated individuals, Scott Associates Credit Union is committed to delivering personalized financial solutions to its membership.


Official website here: www.mysacu.com

Is 1158 Scott Associates Credit Union legitimate?

1158 Scott Associates Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. 1158 Scott Associates 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: $56,872
Professional Fundraising Fees: $0
Other Salaries and Wages: $151,136

For more financial information, click here


Official website here: www.mysacu.com

What is the mission statement of 1158 Scott Associates Credit Union?

The 1158 Scott Associates Credit Union, as a member-owned financial institution, is dedicated to offering personalized loan and deposit services and products to cater to the unique needs of its members. Committed to its not-for-profit status, the credit union prioritizes delivering quality services to fulfill the expressed requirements of its membership. The organization operates as a state-chartered cooperative, providing a platform for its members to access various financial services and products.


Official website here: www.mysacu.com

Who is the CEO of 1158 Scott Associates Credit Union?

Nicole Jasinski is the General Manager of 1158 Scott Associates Credit Union.


Official website here: www.mysacu.com

What is the revenue of 1158 Scott Associates Credit Union?

1158 Scott Associates Credit Union's revenue in 2022 was $536,505.


Official website here: www.mysacu.com

Who are the executives of 1158 Scott Associates Credit Union and what are their salaries?

The average compensation at 1158 Scott Associates Credit Union during 2022 was $41,602. There are 5 employees and 11 volunteers at 1158 Scott Associates Credit Union.


Here are 8 key members and their salaries:


Nicole Jasinski (General Manager)
  • Compensation: $56,872
  • Related: $0
  • Other: $5,200
Diane Pekunka (President Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy King (Vice President Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Carmichael (Treasurer Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Worstell (Secretary Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Foster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Richardson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Kirkpatrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mysacu.com

Where can I find the form 990 for 1158 Scott Associates Credit Union?

1158 Scott Associates Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mysacu.com

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

Mission Statement of 1158 Scott Associates Credit Union

1158 Scott Associates Credit Union, as a member-owned, not-for-profit financial institution, is dedicated to providing personalized financial services and products that cater to the unique needs of its membership. This cooperative credit union, with a focus on cooperation among its members, strives to offer loan and deposit products and services that contribute to the financial well-being of its clientele. The mission of 1158 Scott Associates Credit Union is centered around providing personal services and tailored financial solutions, reflecting the collective needs and preferences of its members.

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Impact




October, 2024

1158 Scott Associates Credit Union plays a significant role in the financial well-being of its member owners in Marysville, OH. As a member-owned cooperative, it is dedicated to offering personalized loan and deposit products and services that cater to the unique needs of its members. By focusing on community-oriented financial services, the credit union fosters a sense of belonging among its members while promoting financial literacy and stability.

The credit union's commitment to its mission ensures that members have access to affordable financial products, enabling them to invest in their futures, manage expenses, and achieve their personal financial goals. By prioritizing the needs of its members, 1158 Scott Associates Credit Union contributes to the economic development of the local community, enhancing the overall quality of life for its members and their families.




This information is meant to be a general summary of 1158 Scott Associates 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
$536,505 (2022)
Expenses
$530,202 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $43,426
  • Program Service Revenue: $493,079
  • Gross Receipts: $536,505

Assets and Liabilities:

  • Total Assets: $13,524,440
  • Total Liabilities: $11,917,489
  • Net Assets: $1,606,951

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Programs

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

Interest on loans to members

Revenue

$360,032

Fees to members

Revenue

$132,713

ATM surcharges to nonmembers

Revenue

$334

Organization Details

Founding Year

1967

Principal Officer

Nicole Jasinski

Main Address

14111 Scottslawn Road, Marysville, OH, 43041

NTEE Category

Code: W60 - Public benefit

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