Overview
What is 64 Telhio Credit Union Inc?
64 Telhio Credit Union Inc is a member-owned financial institution based in Columbus, Ohio. They offer lending, savings, and various financial services to their eligible members, providing terms that typically surpass marketplace standards. With a commitment to customer service, Telhio Credit Union serves approximately 70,437 members and manages around 160,439 deposit accounts. The organization boasts a workforce of 331 employees.
Official website here: www.telhio.org
Is 64 Telhio Credit Union Inc legitimate?
64 Telhio Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 64 Telhio 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: $3,087,951
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,131,240
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Official website here: www.telhio.org
What is the mission statement of 64 Telhio Credit Union Inc?
64 Telhio Credit Union Inc is committed to offering competitive financial services, including lending, savings, and other financial solutions, to its eligible members. The organization prides itself on providing better terms than generally available in the marketplace, all while upholding a member-focused approach that acknowledges the members' ownership status. Approximately 70,437 members hold approximately 160,439 deposit accounts with the credit union, and they receive dividends and interest on their deposits as a result of their membership.
Official website here: www.telhio.org
Who is the CEO of 64 Telhio Credit Union Inc?
Leslie Bumgarner is the Ceo of 64 Telhio Credit Union Inc. The CEO's salary of 64 Telhio Credit Union Inc is $960,850 and their total compensation is $1,022,043.
Official website here: www.telhio.org
What is the revenue of 64 Telhio Credit Union Inc?
64 Telhio Credit Union Inc's revenue in 2022 was $63,054,320.
Official website here: www.telhio.org
Who are the executives of 64 Telhio Credit Union Inc and what are their salaries?
The average compensation at 64 Telhio Credit Union Inc during 2022 was $61,085. There are 331 employees and 21 volunteers at 64 Telhio Credit Union Inc.
Here are 36 key members and their salaries (64 Telhio Credit Union Inc's CEO's salary is $960,850 and their total compensation is $1,022,043):
- Compensation: $960,850
- Related: $0
- Other: $61,193
- Compensation: $559,686
- Related: $0
- Other: $46,280
- Compensation: $417,879
- Related: $0
- Other: $38,507
- Compensation: $374,161
- Related: $0
- Other: $30,282
- Compensation: $327,422
- Related: $0
- Other: $40,266
- Compensation: $344,081
- Related: $0
- Other: $6,284
- Compensation: $282,899
- Related: $0
- Other: $42,785
- Compensation: $285,310
- Related: $0
- Other: $34,452
- Compensation: $290,353
- Related: $0
- Other: $28,134
- Compensation: $295,335
- Related: $0
- Other: $14,284
- Compensation: $273,858
- Related: $0
- Other: $30,096
- Compensation: $229,792
- Related: $0
- Other: $26,684
- Compensation: $203,167
- Related: $0
- Other: $37,137
- Compensation: $209,438
- Related: $0
- Other: $25,210
- Compensation: $192,345
- Related: $0
- Other: $24,807
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
Official website here: www.telhio.org
Where can I find the form 990 for 64 Telhio Credit Union Inc?
64 Telhio Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.telhio.org
Learn more at the official website: www.telhio.org
Mission Statement of 64 Telhio Credit Union Inc
64 Telhio Credit Union Inc is a member-owned financial institution committed to providing superior lending, savings, and other financial services to its eligible members. The organization offers financial products and services that surpass marketplace standards, emphasizing a service-oriented approach that acknowledges the members' status as owners.
The credit union's mission is twofold. First, it aims to extend financial services, including competitive loans and savings accounts, to its qualifying members. By doing so, 64 Telhio Credit Union Inc ensures its members have access to better terms than those available in the market. Second, the credit union places a strong emphasis on service, recognizing the members as owners and treating them with the respect and attention they deserve.
Approximately 70,437 members hold deposit accounts with 64 Telhio Credit Union Inc, and the organization pays dividends and interest on these accounts. These financial rewards not only benefit the members but also underscore the credit union's commitment to its mission. By providing better financial services and acknowledging its members' ownership status, 64 Telhio Credit Union Inc has built a strong, service-based institution that values the unique relationships it fosters with its members.
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Impact
October, 2024
64 Telhio Credit Union Inc significantly contributes to the financial well-being of its community by providing lending, savings, and various financial services tailored to the needs of its qualifying members. By offering terms that are generally better than those found in the broader marketplace, it enables members to access resources that can lead to financial stability and growth.
With approximately 160,439 deposit accounts held by around 70,437 members, Telhio fosters a sense of ownership among its members, prioritizing their rights and interests. This emphasis on service not only enhances the financial experience but also promotes long-term relationships built on trust and mutual benefit.
Based in Columbus, Ohio, Telhio Credit Union’s mission focuses on empowering its members and recognizing their unique status as owners, which directly impacts their ability to build wealth and achieve financial goals. The dividends and interest paid to members further stimulate the local economy, as these funds can be reinvested into their households or the community at large. Overall, 64 Telhio Credit Union Inc plays a vital role in enhancing the economic landscape for its members and the community.
This information is meant to be a general summary of 64 Telhio 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,242,481
- Program Service Revenue: $58,124,406
- Gross Receipts: $66,559,536
Assets and Liabilities:
- Total Assets: $1,377,748,045
- Total Liabilities: $1,257,501,687
- Net Assets: $120,246,358
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INCOME
Revenue
$42,490,911
OTHER OPERATING INCOME
Revenue
$8,209,353
FEE INCOME
Revenue
$7,147,448
NON MEMBER ATM FEES
Revenue
$257,976
SHARED BRANCHING FEES
Revenue
$10,878
Organization Details
Founding Year
1934
Phone
(614) 221-3233Principal Officer
Leslie Bumgarner
Main Address
PO BOX 1298, COLUMBUS, OH, 43216
Website
www.telhio.orgIf you are a representative of 64 Telhio Credit Union Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.