Overview
What is Mower County Catholic Parishes Credit Union?
Mower County Catholic Parishes Credit Union is a nonprofit financial institution situated in Austin, Minnesota. With a focus on empowering its members and their families, the credit union offers personalized financial services and education. Their primary activities revolve around deposits and loans, totaling 492 loans worth over $4.7 million as of December 31, 2022. The credit union employs a modest team of 4 individuals, dedicated to their mission of providing deposit and loan services.
Is Mower County Catholic Parishes Credit Union legitimate?
Mower County Catholic Parishes Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Mower County Catholic Parishes 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: $53,334
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,701
For more financial information, click here
What is the mission statement of Mower County Catholic Parishes Credit Union?
The Mower County Catholic Parishes Credit Union is committed to assisting its members in their journey towards financial independence. They achieve this objective by offering personalized financial services and education. Their primary activities encompass managing deposits and providing loans. As of December 31, 2022, they have extended a total of 492 loans, totaling $4,700,667.12. Essentially, their mission is to offer deposit and loan services to their member base.
Who is the CEO of Mower County Catholic Parishes Credit Union?
Jessica L Johson is the Principal Officer of Mower County Catholic Parishes Credit Union.
What is the revenue of Mower County Catholic Parishes Credit Union?
Mower County Catholic Parishes Credit Union's revenue in 2022 was $258,878.
Who are the executives of Mower County Catholic Parishes Credit Union and what are their salaries?
The average compensation at Mower County Catholic Parishes Credit Union during 2022 was $22,509. There are 4 employees and 10 volunteers at Mower County Catholic Parishes Credit Union.
Here are 13 key members and their salaries:
- Compensation: $50,480
- Related: $0
- Other: $50,480
- Compensation: $0
- Related: $0
- Other: $870
- Compensation: $0
- Related: $0
- Other: $240
- Compensation: $0
- Related: $0
- Other: $214
- Compensation: $0
- Related: $0
- Other: $214
- Compensation: $0
- Related: $0
- Other: $207
- Compensation: $0
- Related: $0
- Other: $206
- Compensation: $0
- Related: $0
- Other: $203
- Compensation: $0
- Related: $0
- Other: $184
- Compensation: $0
- Related: $0
- Other: $180
- Compensation: $0
- Related: $0
- Other: $169
- Compensation: $0
- Related: $0
- Other: $98
- Compensation: $0
- Related: $0
- Other: $71
Where can I find the form 990 for Mower County Catholic Parishes Credit Union?
Mower County Catholic Parishes Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mower County Catholic Parishes Credit Union
Mower County Catholic Parishes Credit Union, a financial institution, is dedicated to assisting its members and their families in attaining financial independence. It accomplishes this goal by offering customized financial services and education. The primary mission of this credit union is to extend deposit and loan services to its members. Through its operations, as of December 31, 2022, the credit union has offered 492 loans totalling an impressive sum of $4,700,667.12. This demonstrates its commitment to helping its members manage their finances effectively.
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Impact
October, 2024
Mower County Catholic Parishes Credit Union plays a vital role in enhancing the financial well-being of its members and their families in Austin, MN. By offering personalized financial services and education, the credit union empowers individuals to achieve financial freedom.
With a focus on community support, it has successfully provided 492 loans amounting to $4,700,667.12 as of December 31, 2022. This significant lending activity directly contributes to local economic growth and stability, enabling members to secure funds for various needs such as education, home purchases, and personal projects.
The credit union’s commitment to member services not only fosters financial independence but also strengthens community ties, ultimately promoting a healthier and more resilient local economy.
This information is meant to be a general summary of Mower County Catholic Parishes 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: $25,596
- Program Service Revenue: $233,282
- Gross Receipts: $258,878
Assets and Liabilities:
- Total Assets: $7,047,301
- Total Liabilities: $5,952,417
- Net Assets: $1,094,884
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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
$214,280
LOAN FEES
Revenue
$8,830
CREDIT INS, INS.
Revenue
$10,172
Organization Details
Founding Year
1935
Phone
(507) 433-4608Principal Officer
Jessica L Johson
Main Address
307 1/2 5TH ST NW, AUSTIN, MN, 55912
NTEE Category
Code: W60 - Public benefit
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