Overview
What is Mcu Financial Center Credit Union?
Mcu Financial Center Credit Union is a financial institution situated in Racine, Wisconsin, with a focus on providing secure, convenient, and high-quality financial services to its members. Established with a mission to serve both current and potential members in a financially sound manner, the credit union offers various deposit accounts. In 2022, the institution opened 294 new deposit accounts, and as of December 31, 2022, it had a membership of 2,863. With a team of nine dedicated employees, Mcu Financial Center Credit Union is committed to ensuring that its members enjoy reliable and efficient financial services.
Official website here: www.mcucreditunion.com
Is Mcu Financial Center Credit Union legitimate?
Mcu Financial Center Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Mcu Financial Center 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: $73,096
Professional Fundraising Fees: $0
Other Salaries and Wages: $311,484
For more financial information, click here
Official website here: www.mcucreditunion.com
What is the mission statement of Mcu Financial Center Credit Union?
The Mcu Financial Center Credit Union's mission is centered around providing secure, convenient, and high-quality financial services to its current and potential members in a financially sound manner. This mission is carried out with the aim of catering to the financial needs of all its members effectively. The credit union offers various deposit accounts to its members and had the addition of 294 new deposit accounts in 2022. As of December 31, 2022, the credit union had a total of 2,863 members.
Official website here: www.mcucreditunion.com
Who is the CEO of Mcu Financial Center Credit Union?
Brannan Hood is the President of Mcu Financial Center Credit Union.
Official website here: www.mcucreditunion.com
What is the revenue of Mcu Financial Center Credit Union?
Mcu Financial Center Credit Union's revenue in 2022 was $1,012,908.
Official website here: www.mcucreditunion.com
Who are the executives of Mcu Financial Center Credit Union and what are their salaries?
The average compensation at Mcu Financial Center Credit Union during 2022 was $42,731. There are 9 employees and 4 volunteers at Mcu Financial Center Credit Union.
Here are 6 key members and their salaries:
- Compensation: $73,096
- Related: $0
- Other: $1,864
- 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
Official website here: www.mcucreditunion.com
Where can I find the form 990 for Mcu Financial Center Credit Union?
Mcu Financial Center Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcucreditunion.com
Learn more at the official website: www.mcucreditunion.com
Mission Statement of Mcu Financial Center Credit Union
Mcu Financial Center Credit Union is committed to providing secure, convenient, and high-quality financial services to both its existing and potential members in a fiscally responsible manner. The credit union's mission is centered around ensuring that its members have access to a wide range of deposit accounts, all while maintaining financial stability. In the year 2022, Mcu Financial Center Credit Union opened 294 new deposit accounts, demonstrating its commitment to expanding its membership base. As of December 31, 2022, the credit union boasted a membership of 2,863 individuals, reflecting its success in serving its members effectively.
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Impact
October, 2024
MCU Financial Center Credit Union significantly enhances the community by providing secure, convenient, and quality financial services tailored to the needs of its members. In 2022, the credit union successfully opened 294 new deposit accounts, contributing to a total membership of 2,863 individuals by the end of the year. This growth reflects its commitment to fostering economic stability and accessibility for both current and potential members in Racine, Wisconsin. By offering a range of deposit accounts and prioritizing sound financial practices, MCU Financial Center Credit Union plays a vital role in promoting financial health and inclusivity within the community.
This information is meant to be a general summary of Mcu Financial Center 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: $116,193
- Program Service Revenue: $874,483
- Gross Receipts: $1,049,183
Assets and Liabilities:
- Total Assets: $30,011,579
- Total Liabilities: $27,340,113
- Net Assets: $2,671,466
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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
$764,714
MEMBER FEE INCOME
Revenue
$93,587
OTHER MEMBER RELATED INCOME
Revenue
$14,574
FEE & INSURANCE INCOME
Revenue
$1,608
Organization Details
Founding Year
1939
Phone
(262) 634-6691Principal Officer
Brannan Hood
Main Address
1462 S GREEN BAY RD, RACINE, WI, 53406
Website
www.mcucreditunion.comNTEE Category
Code: W60 - Public benefit
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