First Missouri Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 430492167 ✦ St louis, MO ✦ Designated as a 501(c)(14)

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Overview

What is First Missouri Credit Union?

First Missouri Credit Union is a not-for-profit organization, acting as a Missouri state-chartered credit union, located in St. Louis, Missouri. With two branch locations in the southern region of St. Louis County, it provides a range of financial services to its members. The primary mission of First Missouri Credit Union is to promote thrift among its members by encouraging savings, while also extending loans for member-specific purposes. The organization operates with a team of 33 employees, committed to serving its membership effectively.


Official website here: www.1stmocu.org

Is First Missouri Credit Union legitimate?

First Missouri Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. First Missouri 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: $369,429
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,102,485

For more financial information, click here


Official website here: www.1stmocu.org

What is the mission statement of First Missouri Credit Union?

First Missouri Credit Union's mission is centered around encouraging thrift among its members and facilitating loans for their various needs. As a not-for-profit organization, its primary goal is to promote savings among its members and provide financial assistance for their purposes. This credit union offers a range of financial services to its members, utilizing its two branch locations in St. Louis County, Missouri.


Official website here: www.1stmocu.org

Who is the CEO of First Missouri Credit Union?

Steve Poniewaz is the President/Ceo of First Missouri Credit Union. The CEO's salary of First Missouri Credit Union is $132,785 and their total compensation is $156,459.


Official website here: www.1stmocu.org

What is the revenue of First Missouri Credit Union?

First Missouri Credit Union's revenue in 2022 was $5,108,049.


Official website here: www.1stmocu.org

Who are the executives of First Missouri Credit Union and what are their salaries?

The average compensation at First Missouri Credit Union during 2022 was $44,603. There are 33 employees and 15 volunteers at First Missouri Credit Union.


Here are 14 key members and their salaries (First Missouri Credit Union's CEO's salary is $132,785 and their total compensation is $156,459):


Steve Poniewaz (President/Ceo)
  • Compensation: $132,785
  • Related: $0
  • Other: $23,674
Susan Rupp (Loan Officer)
  • Compensation: $114,779
  • Related: $0
  • Other: $10,469
Jesie Wildhaber (Vice President Of Operations)
  • Compensation: $98,696
  • Related: $0
  • Other: $11,061
Brad Kestler (Member Services Manager)
  • Compensation: $105,876
  • Related: $0
  • Other: $1,637
William Abanathie (Accounting Manager)
  • Compensation: $92,988
  • Related: $0
  • Other: $10,224
Keith Suellentrop (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Beauchaine (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Stemmler (Board Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Marvel (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Tesson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Elder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Knefelkamp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Diebold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.1stmocu.org

Where can I find the form 990 for First Missouri Credit Union?

First Missouri Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.1stmocu.org

Learn more at the official website: www.1stmocu.org

Mission Statement of First Missouri Credit Union

First Missouri Credit Union, a not-for-profit organization, is dedicated to fostering a culture of thrift among its members. The credit union's primary objective is to encourage its members to save and, in turn, provide them with loans for various purposes. By promoting savings and lending, First Missouri Credit Union aims to support its members financially. The organization offers a variety of financial services from its two branch locations in St. Louis County, Missouri.

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Impact




October, 2024

First Missouri Credit Union plays a significant role in its community by promoting financial well-being and encouraging responsible saving habits among its members. By offering a variety of financial services tailored to individual needs, it empowers members to build a secure financial future. The credit union facilitates access to loans for various personal purposes, enhancing members' ability to achieve their goals, whether that be purchasing a home, financing education, or tackling other essential expenses.

Located in the southern portion of St. Louis County, First Missouri Credit Union is dedicated to fostering a culture of thrift and financial responsibility. Its commitment to serving the community is evident through its personalized service and member-focused approach, ensuring that financial education and support are accessible to all. Through these efforts, the credit union not only assists its members in achieving their financial objectives but also contributes positively to the broader economic health of the region.




This information is meant to be a general summary of First Missouri 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.

Revenue
$5,108,049 (2022)
Expenses
$4,291,997 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $285,411
  • Program Service Revenue: $4,766,522
  • Gross Receipts: $5,108,049

Assets and Liabilities:

  • Total Assets: $104,154,478
  • Total Liabilities: $94,904,849
  • Net Assets: $9,249,629

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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

$3,237,428

DEBIT/CREDIT CARD INCOME

Revenue

$830,634

SERVICE CHARGES ON MEMBERS' SHARES & SAVINGS ACCTS

Revenue

$371,108

OTHER

Revenue

$327,352

Organization Details

Founding Year

1927

Principal Officer

Steve Poniewaz

Main Address

1690 Lemay Ferry Road, St Louis, MO, 63125

NTEE Category

Code: W60 - Public benefit

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