Overview
What is Members Community Credit Union?
Members Community Credit Union is a financial institution functioning under a state charter, falling within the broader sector of financial institutions and credit unions. The organization is overseen by Tim Chapman and operates with a mission to serve its members effectively. As a credit union, its primary role is to provide financial services, catering to the needs of its community members. While specific programs or initiatives were not detailed in the provided information, it's safe to assume that Members Community Credit Union offers a range of financial services to its members, contributing positively to its local community.
Official website here: www.memberscommunitycu.org
Is Members Community Credit Union legitimate?
Members Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Members 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: $221,510
Professional Fundraising Fees: $0
Other Salaries and Wages: $991,792
For more financial information, click here
Official website here: www.memberscommunitycu.org
What is the mission statement of Members Community Credit Union?
Members Community Credit Union functions as a State-chartered entity within the financial institutions and credit unions sector. Its mission, while not explicitly stated in the provided data, typically involves providing financial services to its members with a not-for-profit approach, prioritizing their best interests. State-chartered credit unions often aim to promote financial well-being and empowerment among their members, offering savings, loans, and other financial products at competitive rates. However, without specific information, the exact mission statement of Members Community Credit Union remains unavailable.
Official website here: www.memberscommunitycu.org
Who is the CEO of Members Community Credit Union?
Tim Chapman is the Ceo of Members Community Credit Union. The CEO's salary of Members Community Credit Union is $221,510 and their total compensation is $221,510.
Official website here: www.memberscommunitycu.org
What is the revenue of Members Community Credit Union?
Members Community Credit Union's revenue in 2022 was $4,262,910.
Official website here: www.memberscommunitycu.org
Who are the executives of Members Community Credit Union and what are their salaries?
The average compensation at Members Community Credit Union during 2022 was $44,937. There are 27 employees and 6 volunteers at Members Community Credit Union.
Here are 7 key members and their salaries (Members Community Credit Union's CEO's salary is $221,510 and their total compensation is $221,510):
- Compensation: $221,510
- Related: $0
- Other: $0
- Compensation: $108,248
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.memberscommunitycu.org
Where can I find the form 990 for Members Community Credit Union?
Members Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.memberscommunitycu.org
Learn more at the official website: www.memberscommunitycu.org
Mission Statement of Members Community Credit Union
Members Community Credit Union, as a State Chartered Credit Union, is dedicated to its role within the financial institutions and credit unions sector. This organization, headed by Tim Chapman, operates with a mission to serve its members effectively. While the information provided does not explicitly detail the specific goals or objectives of Members Community Credit Union, it can be inferred that its primary purpose is to provide financial services to its members in a responsible and efficient manner, typical of credit unions. As a State Chartered Credit Union, Members Community Credit Union is regulated by the state in which it operates, ensuring its adherence to financial standards and member protection.
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Impact
October, 2024
Members Community Credit Union plays a vital role in fostering financial accessibility and community growth in Muscatine, Iowa. As a state-chartered credit union, it provides essential financial services to its members, promoting economic well-being and stability. The organization emphasizes community engagement, helping individuals and families manage their finances through a range of tailored banking products.
Under the leadership of Tim Chapman, Members Community Credit Union is dedicated to addressing the unique needs of its membership, focusing on providing affordable loans, savings options, and financial education. Its commitment to public benefit ensures that profits are reinvested into the community, enhancing local development and supporting initiatives that improve the quality of life for residents.
Through these efforts, Members Community Credit Union not only facilitates individual financial growth but also contributes to the economic resilience of the Muscatine area, empowering its members to achieve their financial goals while fostering a sense of community solidarity.
This information is meant to be a general summary of Members 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: $441,112
- Program Service Revenue: $3,821,798
- Gross Receipts: $4,262,910
Assets and Liabilities:
- Total Assets: $79,580,273
- Total Liabilities: $71,201,568
- Net Assets: $8,378,705
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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
$1,977,104
MISCELLANEOUS INCOME
Revenue
$1,087,381
FEE INCOME
Revenue
$757,313
Organization Details
Founding Year
1957
Phone
(563) 264-7210Principal Officer
Tim Chapman
Main Address
PO BOX 467, MUSCATINE, IA, 52761
Website
www.memberscommunitycu.orgNTEE Category
Code: W60 - Public benefit
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