Overview
What is Telco Triad Community Credit Union?
Telco Triad Community Credit Union is a nonprofit financial institution, headquartered at 1420 Tri View Avenue, Sioux City, Iowa 51103. Its primary purpose is to serve its members by offering credit at reasonable interest rates, promoting savings habits, and enabling members to utilize and manage their savings for mutual benefit. The union achieves this mission through education and financial opportunities aimed at growth and stability. With a workforce of 64 employees, Telco Triad Community Credit Union is committed to fostering thrift and financial well-being within its community.
Official website here: www.telcotriad.org
Is Telco Triad Community Credit Union legitimate?
Telco Triad Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Telco Triad Community 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: $164,182
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,813,428
For more financial information, click here
Official website here: www.telcotriad.org
What is the mission statement of Telco Triad Community Credit Union?
Telco Triad Community Credit Union's mission is centered around encouraging financial prudence through education and providing members with opportunities for sustainable growth. By establishing a source of credit at reasonable interest rates, the credit union fosters thrift among its members and offers them the chance to manage their savings for mutual benefit. The organization's primary objective is to promote saving habits and offer financial opportunities that contribute to stability.
Official website here: www.telcotriad.org
Who is the CEO of Telco Triad Community Credit Union?
Andrew Barriger is the Treasurer of Telco Triad Community Credit Union. The CEO's salary of Telco Triad Community Credit Union is $164,182 and their total compensation is $167,051.
Official website here: www.telcotriad.org
What is the revenue of Telco Triad Community Credit Union?
Telco Triad Community Credit Union's revenue in 2022 was $5,708,993.
Official website here: www.telcotriad.org
Who are the executives of Telco Triad Community Credit Union and what are their salaries?
The average compensation at Telco Triad Community Credit Union during 2022 was $30,900. There are 64 employees at Telco Triad Community Credit Union.
Here are 11 key members and their salaries (Telco Triad Community Credit Union's CEO's salary is $164,182 and their total compensation is $167,051):
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- Compensation: $164,182
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- Other: $2,869
Official website here: www.telcotriad.org
Where can I find the form 990 for Telco Triad Community Credit Union?
Telco Triad Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.telcotriad.org
Learn more at the official website: www.telcotriad.org
Mission Statement of Telco Triad Community Credit Union
Telco Triad Community Credit Union's mission is centered around encouraging financial responsibility and providing growth opportunities for its members. By leveraging education as a tool, the credit union aims to instill habits of thrift within its members. Additionally, Telco Triad Community Credit Union offers financial opportunities with the goal of stability. In essence, it creates a source of credit at a fair and reasonable rate of interest, encourages saving habits among its members, and allows them to utilize and manage their savings for mutual benefit.
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Impact
October, 2024
Telco Triad Community Credit Union plays a significant role in fostering financial literacy and stability within the Sioux City community. By promoting habits of thrift through education, the credit union empowers members to make informed financial decisions and build a secure financial future.
The organization provides access to credit at fair and reasonable interest rates, ensuring that its members can obtain the financial resources they need without excessive strain. This approach not only supports individual members in achieving their financial goals but also contributes to overall community growth by encouraging savings and responsible financial management.
Through its commitment to mutual benefit, Telco Triad Community Credit Union creates a supportive environment where members can use and control their savings, leading to a more financially savvy community. This focus on education and financial opportunities significantly enhances the economic well-being of its members, fostering a culture of stability and growth.
This information is meant to be a general summary of Telco Triad Community 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: $183,118
- Program Service Revenue: $5,525,875
- Gross Receipts: $5,796,233
Assets and Liabilities:
- Total Assets: $134,827,395
- Total Liabilities: $122,133,317
- Net Assets: $12,694,078
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME ON LOA
Revenue
$3,624,844
SHARE DRAFT ACCOUNT FE
Revenue
$729,035
AUTOMATED TELLER MACHI
Revenue
$310,675
CREDIT CARD FEES AND C
Revenue
$180,915
INSURANCE
Revenue
$157,526
Organization Details
Founding Year
1945
Phone
(712) 252-4368Principal Officer
Andrew Barriger
Main Address
1420 TRI VIEW AVENUE, SIOUX CITY, IA, 51103
Website
www.telcotriad.orgNTEE Category
Code: W60 - Public benefit
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