Overview
What is Accentra Credit Union?
Accentra Credit Union, based in Austin, Minnesota, is a member-owned financial institution located at 400 4th Avenue NE, PO Box 657. Their primary mission is to provide loans to their members and distribute dividends on share accounts, sharedraft accounts, and certificates. Essentially, they offer financial services to their member-owners, involving the collection of savings and lending money to members for various needs. The credit union employs a team of 58 individuals to accomplish this mission.
Official website here: www.accentracu.org
Is Accentra Credit Union legitimate?
Accentra Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Accentra 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: $699,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,355,865
For more financial information, click here
Official website here: www.accentracu.org
What is the mission statement of Accentra Credit Union?
Accentra Credit Union's mission is centered around providing financial services to its member-owners. At its core, the credit union aims to conduct the necessary operations of a credit union, which involves receiving savings from members and lending money to them for provident purposes. The primary functions of Accentra Credit Union include offering loans to its members and distributing dividends on savings accounts, share draft accounts, and certificates. The credit union's activities are geared towards meeting the financial needs of its members, enhancing their financial well-being.
Official website here: www.accentracu.org
Who is the CEO of Accentra Credit Union?
Paul Knorr is the Board Member of Accentra Credit Union. The CEO's salary of Accentra Credit Union is $231,275 and their total compensation is $288,152.
Official website here: www.accentracu.org
What is the revenue of Accentra Credit Union?
Accentra Credit Union's revenue in 2022 was $8,387,451.
Official website here: www.accentracu.org
Who are the executives of Accentra Credit Union and what are their salaries?
The average compensation at Accentra Credit Union during 2022 was $35,434. There are 58 employees and 10 volunteers at Accentra Credit Union.
Here are 14 key members and their salaries (Accentra Credit Union's CEO's salary is $231,275 and their total compensation is $288,152):
- Compensation: $523
- Related: $0
- Other: $0
- Compensation: $425
- Related: $0
- Other: $0
- Compensation: $557
- Related: $0
- Other: $0
- Compensation: $463
- Related: $0
- Other: $0
- Compensation: $506
- Related: $0
- Other: $0
- Compensation: $425
- Related: $0
- Other: $0
- Compensation: $1,057
- Related: $0
- Other: $0
- Compensation: $255
- Related: $0
- Other: $0
- Compensation: $357
- Related: $0
- Other: $0
- Compensation: $319
- Related: $0
- Other: $0
- Compensation: $231,275
- Related: $0
- Other: $56,877
- Compensation: $108,773
- Related: $0
- Other: $11,862
- Compensation: $106,592
- Related: $0
- Other: $37,544
- Compensation: $103,301
- Related: $0
- Other: $38,187
Official website here: www.accentracu.org
Where can I find the form 990 for Accentra Credit Union?
Accentra Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.accentracu.org
Learn more at the official website: www.accentracu.org
Mission Statement of Accentra Credit Union
Accentra Credit Union, as a financial institution, is dedicated to carrying out the typical operations of a credit union. Its primary mission is to cater to its member-owners by accepting their savings and lending money to them for provident purposes. The credit union's primary objective is to provide loans to its members and distribute dividends on their share accounts, share draft accounts, and certificates. By doing so, Accentra Credit Union contributes to the financial well-being of its members, offering them financial assistance when needed and rewarding their savings with dividends. The organization's operations are centered around its members, aiming to enhance their financial stability and prosperity.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Accentra Credit Union plays a crucial role in the financial well-being of its members by providing essential financial services tailored to meet their needs. Based in Austin, MN, the credit union focuses on offering loans and dividends on member share accounts, sharedraft accounts, and certificates, ensuring that its members have access to the funds necessary for their personal and financial growth.
By facilitating loans, Accentra empowers individuals to achieve significant life goals, such as purchasing homes, starting businesses, or managing unexpected expenses. This support fosters economic stability and growth within the community. Additionally, the credit union encourages savings by providing competitive dividends, which promote responsible financial habits among its members.
With a mission centered around the ordinary and necessary business of a credit union, Accentra is dedicated to enhancing the financial landscape for its member owners. Their commitment to member-centric services underscores the vital role they play in contributing to the public benefit, ultimately helping to build a stronger, more resilient community in Austin and beyond.
This information is meant to be a general summary of Accentra 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: $741,896
- Program Service Revenue: $7,645,555
- Gross Receipts: $8,387,451
Assets and Liabilities:
- Total Assets: $198,460,275
- Total Liabilities: $184,726,284
- Net Assets: $13,733,991
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$4,465,159
FEES/CHARGES
Revenue
$3,180,396
Organization Details
Founding Year
1930
Phone
(507) 433-1829Principal Officer
Paul Knorr
Main Address
400 4TH AVENUE NE PO BOX 657, AUSTIN, MN, 55912
Website
www.accentracu.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Accentra Credit Union 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.