Overview
What is 42 Kemba Credit Union Inc?
42 Kemba Credit Union Inc is a member-owned financial cooperative headquartered with a mission to provide a secure and broad array of financial products and services to its members at the most affordable cost, ensuring long-term financial stability. The credit union offers various financial services and aims to maintain a safe and dependable institution for its members.
Official website here: www.kemba.com
Is 42 Kemba Credit Union Inc legitimate?
42 Kemba Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 42 Kemba 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: $2,482,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,176,380
For more financial information, click here
Official website here: www.kemba.com
What is the mission statement of 42 Kemba Credit Union Inc?
42 Kemba Credit Union Inc is committed to serving its members by providing them with a wide array of financial products and services at affordable costs. Operating as a member-owned financial cooperative, this institution prioritizes the financial well-being of its community. With a focus on both safety and security, Kemba Credit Union strives to maintain its financial stability while catering to the diverse financial needs of its members. By offering a comprehensive range of financial solutions, the credit union aims to ensure that its members have access to essential financial tools, enabling them to manage their finances effectively.
Official website here: www.kemba.com
What is the revenue of 42 Kemba Credit Union Inc?
42 Kemba Credit Union Inc's revenue in 2023 was $82,349,712.
Official website here: www.kemba.com
Who are the executives of 42 Kemba Credit Union Inc and what are their salaries?
The average compensation at 42 Kemba Credit Union Inc during 2023 was $47,191. There are 353 employees and 8 volunteers at 42 Kemba Credit Union Inc.
Here are 18 key members and their salaries:
- Compensation: $1,043,921
- Related: $0
- Other: $27,885
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $377,341
- Related: $0
- Other: $45,802
- Compensation: $359,308
- Related: $0
- Other: $27,885
- Compensation: $283,731
- Related: $0
- Other: $27,885
- Compensation: $288,434
- Related: $0
- Other: $0
- Compensation: $199,731
- Related: $0
- Other: $9,296
- Compensation: $234,705
- Related: $0
- Other: $20,448
- Compensation: $153,534
- Related: $0
- Other: $7,851
- Compensation: $157,332
- Related: $0
- Other: $15,802
- Compensation: $160,682
- Related: $0
- Other: $9,296
Official website here: www.kemba.com
Where can I find the form 990 for 42 Kemba Credit Union Inc?
42 Kemba Credit Union Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kemba.com
Learn more at the official website: www.kemba.com
Mission Statement of 42 Kemba Credit Union Inc
42 Kemba Credit Union Inc, a member-owned financial cooperative, is committed to providing its members with a wide array of financial products and services at the most affordable costs. This institution takes pride in being a secure and reliable financial partner, ensuring the financial well-being of its members.
The mission of 42 Kemba Credit Union Inc is two-fold. On one hand, it focuses on delivering a comprehensive range of financial services to its members, all while maintaining a safe and stable financial environment. On the other hand, it strives to keep costs low, making financial services accessible to everyone who is a part of its community. By doing so, it creates a sense of financial security and peace of mind for its members.
At the heart of 42 Kemba Credit Union Inc's operations is its dedication to putting its members first. As a cooperative, it understands that its success is directly linked to the well-being of its members. It is this commitment that drives the credit union to consistently innovate and adapt to the evolving financial landscape, ensuring that it remains a relevant and valuable resource for its members.
In summary, 42 Kemba Credit Union Inc is more than just a financial institution. It is a community of members, united by their shared goal of financial stability and security. Through its mission to provide a broad range of financial products and services at the lowest possible cost while maintaining financial stability, it empowers its members to take control of their financial futures.
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Impact
October, 2024
42 Kemba Credit Union Inc significantly impacts its community by offering essential financial services to its members in West Chester, Ohio. As a member-owned financial cooperative, it prioritizes the needs of its members, ensuring access to a broad range of financial products and services. This includes savings accounts, loans, and other financial tools designed to help individuals manage their finances effectively.
The credit union's mission focuses on providing a safe and secure institution where members can trust that their financial needs are met with low-cost services. By maintaining financial stability, 42 Kemba Credit Union fosters an environment of trust and community support, allowing individuals to achieve their financial goals while contributing to the overall economic well-being of their community. Through these efforts, the credit union not only empowers its members but also enhances public benefit by promoting financial literacy and stability within the local economy.
This information is meant to be a general summary of 42 Kemba 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 2023.
- Investment Income: $3,605,722
- Program Service Revenue: $78,743,990
- Gross Receipts: $82,349,712
Assets and Liabilities:
- Total Assets: $1,611,175,939
- Total Liabilities: $1,445,322,390
- Net Assets: $165,853,549
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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
$62,547,672
FEES AND OTHER INCOME
Revenue
$16,196,318
Organization Details
Founding Year
1934
Principal Officer
Daniel L Sutton
Website
www.kemba.comNTEE Category
Code: W60 - Public benefit
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