St Louis Policemens Credit Union

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

EIN: 430496270 ✦ St louis, MO ✦ Designated as a 501(c)(14)

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Overview

What is St Louis Policemens Credit Union?

St. Louis Police Credit Union is a voluntary, cooperative, and non-profit organization, incorporated under Missouri statutes. Its primary objective is to promote thrift among its members, providing them with a reliable source of credit at reasonable rates. The credit union also aims to ensure the mutual benefit and general welfare of its members by distributing earnings, savings, benefits, and services back to its members. Beyond financial services, St. Louis Police Credit Union serves as a cooperative provider, fostering opportunities for its members to improve their economic and social conditions. With a team of three dedicated employees, the credit union operates in St. Louis, Missouri, located at 1915 Olive Street, providing financial and financially-related services to its members.


Official website here: www.stlpolicecu.com

Is St Louis Policemens Credit Union legitimate?

St Louis Policemens Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. St Louis Policemens 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $105,473

For more financial information, click here


Official website here: www.stlpolicecu.com

What is the mission statement of St Louis Policemens Credit Union?

The St. Louis Police Credit Union operates as a cooperative, non-profit entity, with a mission to foster savings among its members and provide them with accessible credit at reasonable rates. Its primary objective is to ensure the mutual benefit and overall well-being of its members, using the earnings, savings, and benefits derived from its operations. The credit union offers various financial and financially-related services, aiming to help its members improve their economic and social conditions.


Official website here: www.stlpolicecu.com

Who is the CEO of St Louis Policemens Credit Union?

John Carnaghi is the Ceo of St Louis Policemens Credit Union. The CEO's salary of St Louis Policemens Credit Union is $70,000 and their total compensation is $70,000.


Official website here: www.stlpolicecu.com

What is the revenue of St Louis Policemens Credit Union?

St Louis Policemens Credit Union's revenue in 2022 was $647,012.


Official website here: www.stlpolicecu.com

Who are the executives of St Louis Policemens Credit Union and what are their salaries?

The average compensation at St Louis Policemens Credit Union during 2022 was $58,491. There are 3 employees and 3 volunteers at St Louis Policemens Credit Union.


Here are 10 key members and their salaries (St Louis Policemens Credit Union's CEO's salary is $70,000 and their total compensation is $70,000):


John Carnaghi (Ceo)
  • Compensation: $70,000
  • Related: $0
  • Other: $0
John Murray (Board Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Russo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Dubach (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Bernard (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Gregory (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Griffin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Siemers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Lauer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dino Orlando (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stlpolicecu.com

Where can I find the form 990 for St Louis Policemens Credit Union?

St Louis Policemens Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stlpolicecu.com

Learn more at the official website: www.stlpolicecu.com

Mission Statement of St Louis Policemens Credit Union

St. Louis PoliceMens Credit Union is a voluntary, cooperative, and non-profit organization, established under Missouri statutes. Its primary mission is to encourage thrift among its members by providing a savings opportunity. This credit union serves as a reliable source of credit, offering loans at reasonable and fair interest rates. Beyond financial services, it is committed to promoting the mutual benefit and general welfare of its members. The earnings, savings, benefits, and services of St. Louis PoliceMens Credit Union are distributed back to its members, aiming to improve their economic and social conditions. This cooperative credit union operates as a collective effort, benefiting its members and fostering financial growth.

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Impact




October, 2024

St. Louis Policemen's Credit Union significantly impacts its community by providing a cooperative framework for financial services that prioritize the needs of its members. By encouraging thrift and facilitating access to credit at fair interest rates, it helps improve the economic conditions of its members, who are primarily in public service roles.

The credit union creates a supportive environment where members can achieve their financial goals through savings, loans, and various financial services tailored to their unique needs. The earnings generated by the credit union are redistributed among members, enhancing their financial well-being and fostering a sense of community. Through these efforts, the credit union plays a crucial role in promoting both financial literacy and economic stability within the St. Louis area, ultimately contributing to the general welfare of its members and the broader community.




This information is meant to be a general summary of St Louis Policemens 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
$647,012 (2022)
Expenses
$628,883 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $195,584
  • Program Service Revenue: $451,428
  • Gross Receipts: $647,012

Assets and Liabilities:

  • Total Assets: $24,529,257
  • Total Liabilities: $21,213,836
  • Net Assets: $3,315,421

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INTEREST

Revenue

$300,005

FEES AND CHARGES

Revenue

$151,423

Organization Details

Founding Year

1934

Principal Officer

John Carnaghi

Main Address

1915 OLIVE, ST LOUIS, MO, 63103

NTEE Category

Code: W60 - Public benefit

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