Bluffton Motor Works Franklin Ele Cr

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

EIN: 356019378 ✦ Bluffton, IN ✦ Designated as a 501(c)(14)

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Overview

What is Bluffton Motor Works Franklin Ele Cr?

Bluffton Motor Works Franklin Ele Cr is a credit union, categorized under financial institutions and credit unions. This nonprofit organization operates as a savings and loans financial institution, dedicated to serving its members. Led by Kathy Durham, its mission is to provide financial services, ensuring the well-being of its members. As a credit union, Bluffton Motor Works Franklin Ele Cr offers a community-focused approach to banking, prioritizing its members' financial needs.

Is Bluffton Motor Works Franklin Ele Cr legitimate?

Bluffton Motor Works Franklin Ele Cr is a legitimate nonprofit organization registered as a 501(c)(14) entity. Bluffton Motor Works Franklin Ele Cr 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: $26,084
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,871

For more financial information, click here

What is the mission statement of Bluffton Motor Works Franklin Ele Cr?

Bluffton Motor Works Franklin Ele Cr functions as a credit union, serving its members as a savings and loans financial institution. As a mission, this credit union is dedicated to offering financial services to its members, operating under the structure of a credit union and a savings and loans financial institution. The organization's primary goal is to cater to its members' financial needs, falling under the category of financial institutions and credit unions. While specific details about the extent of their services or additional objectives are not provided, it can be inferred that the credit union aims to provide financial solutions and support to its members.

Who is the CEO of Bluffton Motor Works Franklin Ele Cr?

Kathy Durham is the Principal Officer of Bluffton Motor Works Franklin Ele Cr.

What is the revenue of Bluffton Motor Works Franklin Ele Cr?

Bluffton Motor Works Franklin Ele Cr's revenue in 2022 was $26,497.

Who are the executives of Bluffton Motor Works Franklin Ele Cr and what are their salaries?

There 12 volunteers at Bluffton Motor Works Franklin Ele Cr.


Here are 8 key members and their salaries:


Kathryn Durham (Manager)
  • Compensation: $26,084
  • Related: $0
  • Other: $0
Hunter Bodenheimer (Employee)
  • Compensation: $7,871
  • Related: $0
  • Other: $0
Timothy Wyatt (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucas Miller (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faye Pyle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Velosa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Mcfarren (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Bixler Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bluffton Motor Works Franklin Ele Cr?

Bluffton Motor Works Franklin Ele Cr's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bluffton Motor Works Franklin Ele Cr

Bluffton Motor Works Franklin Ele CR, functioning as a credit union, is dedicated to serving its members as a savings and loans financial institution. This financial institution operates with a mission to provide its members with financial services, acting as a reliable and member-focused credit union. Kathy Durham oversees the operations of this organization, ensuring that it maintains its commitment to its members. Bluffton Motor Works Franklin Ele CR operates under the umbrella of financial institutions and credit unions, providing its members with necessary financial services and fostering a sense of community among its members.

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Impact




October, 2024

Bluffton Motor Works Franklin Ele Cr functions as a credit union dedicated to serving its members through a range of savings and loans financial services. By providing accessible and affordable financial products, it empowers individuals and families in the Bluffton area to achieve their financial goals. This institution fosters a sense of community by prioritizing the needs of its members and facilitating financial literacy and sustainable financial practices.

Under the leadership of Kathy Durham, Bluffton Motor Works Franklin Ele Cr enhances the economic well-being of its members by offering competitive interest rates and personalized financial support. Its mission to operate as a savings and loans institution positions it as a crucial resource for those seeking reliable financial solutions. The credit union's operations not only contribute to the stability and growth of its members but also positively impact the local economy by encouraging savings, responsible borrowing, and community investment. Through its commitment to public benefit, Bluffton Motor Works Franklin Ele Cr strengthens the financial resilience of its community.




This information is meant to be a general summary of Bluffton Motor Works Franklin Ele Cr. 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
$26,497 (2022)
Expenses
$51,279 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,646
  • Program Service Revenue: $15,114
  • Gross Receipts: $26,497

Assets and Liabilities:

  • Total Assets: $1,051,396
  • Total Liabilities: $9,859
  • Net Assets: $1,041,537

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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

$15,114

Organization Details

Founding Year

1952

Principal Officer

Kathy Durham

Main Address

410 E SPRING ST, BLUFFTON, IN, 467143737

NTEE Category

Code: W61 - Public benefit

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