Overview
What is Mason County School Employees Credit Union?
Mason County School Employees Credit Union is a nonprofit organization, specifically a credit union, established in the state of Michigan. The primary objective of this credit union, as stated, is to foster savings among its members and enhance their financial and social well-being. They achieve this by offering various financial services. The credit union, run by Walter Leinberger, is strategically located in Ludington, MI. Its mission is to promote thrift and provide affordable credit to its members through a mutually beneficial, non-profit operation.
Is Mason County School Employees Credit Union legitimate?
Mason County School Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Mason County School Employees 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:
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Other Salaries and Wages: $45,507
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What is the mission statement of Mason County School Employees Credit Union?
The Mason County School Employees Credit Union has a mission to foster thrift among its members and enhance their financial well-being. It achieves this by providing a range of financial services and offering affordable credit through its mutual, non-profit operation. The credit union aims to improve the economic and social conditions of its members, working towards their financial betterment. By operating on a mutual basis, the credit union ensures that its services are both cost-effective and beneficial for its members.
Who is the CEO of Mason County School Employees Credit Union?
Walter Leinberger is the Chairperson of Mason County School Employees Credit Union.
What is the revenue of Mason County School Employees Credit Union?
Mason County School Employees Credit Union's revenue in 2022 was $146,117.
Who are the executives of Mason County School Employees Credit Union and what are their salaries?
The average compensation at Mason County School Employees Credit Union during 2022 was $11,377. There are 4 employees and 12 volunteers at Mason County School Employees Credit Union.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Mason County School Employees Credit Union?
Mason County School Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mason County School Employees Credit Union
Mason County School Employees Credit Union is dedicated to fostering savings among its members and enhancing their financial well-being. Through its mission, the credit union aims to offer a selection of financial services that contribute to the economic and social improvement of its members. The organization promotes thrift and extends affordable credit to its members by operating on a mutual, non-profit basis. This non-profit approach allows the credit union to provide its services at lower cost, benefiting its members financially. The management of Mason County School Employees Credit Union is led by Walter Leinberger, ensuring the organization's commitment to its mission.
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Impact
October, 2024
Mason County School Employees Credit Union plays a crucial role in enhancing the financial well-being of its members, primarily by encouraging savings and offering accessible financial services. Located in Ludington, MI, it focuses on improving the economic and social conditions of those it serves, specifically members of the educational community. The credit union promotes thrift by providing savings options and low-cost credit, enabling members to manage their finances more effectively. This mutual approach enhances financial literacy and empowers members to achieve their financial goals, fostering a supportive community that prioritizes the welfare of its members. Through its initiatives, the credit union contributes to the overall economic stability of the region, making a meaningful impact on the lives of its members and the larger community.
This information is meant to be a general summary of Mason County School Employees 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $61,348
- Program Service Revenue: $84,769
- Gross Receipts: $146,117
Assets and Liabilities:
- Total Assets: $7,434,062
- Total Liabilities: $0
- Net Assets: $7,434,062
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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
$84,769
Organization Details
Founding Year
1962
Phone
(231) 843-4066Principal Officer
Walter Leinberger
Main Address
809 E Tinkham Ave, Ludington, MI, 49431
NTEE Category
Code: W60 - Public benefit
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