St Louis Community Credit Union

St Louis Community Credit Union

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

EIN: 430616804 ✦ St louis, MO ✦ Designated as a 501(c)(14)

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Overview

What is St Louis Community Credit Union?

St. Louis Community Credit Union is a local, not-for-profit financial cooperative with a mission to offer fair and affordable credit opportunities and savings benefits to its members. The credit union provides various financial services and programs to enhance the economic and social well-being of its community. The Discovering Opportunities to Serve initiative further exemplifies their commitment to improving members' conditions.


Official website here: www.stlouiscommunity.com

Is St Louis Community Credit Union legitimate?

St Louis Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. St Louis 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: $1,384,376
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,201,377

For more financial information, click here


Official website here: www.stlouiscommunity.com

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

St. Louis Community Credit Union functions as a cooperative non-profit organization, offering its members affordable credit options and savings benefits. By operating on a not-for-profit basis, the Credit Union aims to provide financial services and opportunities for improving economic and social conditions. The institution's mission encompasses providing credit at fair rates, earnings from savings, and various financial benefits to its members. The Discovering Opportunities to Serve program is an additional initiative dedicated to assisting members in enhancing their economic and social well-being.


Official website here: www.stlouiscommunity.com

Who is the CEO of St Louis Community Credit Union?

Megan Downs is the Director of St Louis Community Credit Union. The CEO's salary of St Louis Community Credit Union is $466,575 and their total compensation is $466,575.


Official website here: www.stlouiscommunity.com

What is the revenue of St Louis Community Credit Union?

St Louis Community Credit Union's revenue in 2022 was $30,422,713.


Official website here: www.stlouiscommunity.com

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

The average compensation at St Louis Community Credit Union during 2022 was $39,566. There are 217 employees at St Louis Community Credit Union.


Here are 14 key members and their salaries (St Louis Community Credit Union's CEO's salary is $466,575 and their total compensation is $466,575):


Angela Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Butler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Katzman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kamarrah Killion (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Mueller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Sullivan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Windom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirk Mills (Chief Executive Officer)
  • Compensation: $466,575
  • Related: $0
  • Other: $0
Craig Reno (Chief Information Officer)
  • Compensation: $211,612
  • Related: $0
  • Other: $0
Alex Fennoy (Senior Vice President - Business Services)
  • Compensation: $210,667
  • Related: $0
  • Other: $0
Megan Downs (Chief Financial Officer)
  • Compensation: $175,530
  • Related: $0
  • Other: $0
Patricia Parchmon (Chief Operations Officer)
  • Compensation: $145,761
  • Related: $0
  • Other: $0


Official website here: www.stlouiscommunity.com

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

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


Official website here: www.stlouiscommunity.com

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

Mission Statement of St Louis Community Credit Union

St. Louis Community Credit Union, a voluntary cooperative non-profit organization, is dedicated to enhancing the economic and social conditions of its members. By offering fair and reasonable rates for credit and savings, the Credit Union serves as a valuable financial resource. In operation, it provides various benefits and services to enrich members' financial well-being.

Beyond conventional financial offerings, St. Louis Community Credit Union has initiated a program called Discovering Opportunities to Serve. This program is geared towards uplifting members' economic conditions and improving their overall social standing. The Credit Union's mission, stated in the third person, is one of unity and support, as it exists to provide members with a source of credit, savings, and financial services that work towards their betterment.

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Impact




October, 2024

St. Louis Community Credit Union significantly enhances the financial well-being of its members by providing access to fair and reasonable credit rates, as well as a range of beneficial financial services. Through its Discovering Opportunities to Serve program, the Credit Union actively promotes the economic and social advancement of its members, helping them achieve greater financial stability and improved quality of life. By focusing on the individual needs of its members and fostering a cooperative environment, St. Louis Community Credit Union plays a vital role in empowering the local community and enhancing overall economic health in the St. Louis area.




This information is meant to be a general summary of St Louis 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.

Revenue
$30,422,713 (2022)
Expenses
$27,146,271 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,796,822
  • Program Service Revenue: $26,739,626
  • Gross Receipts: $30,422,713

Assets and Liabilities:

  • Total Assets: $404,141,789
  • Total Liabilities: $362,962,493
  • Net Assets: $41,179,296

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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

$11,182,424

fee income

Revenue

$7,415,904

misc

Revenue

$437,635

other oper non-oper inc

Revenue

$7,703,663

Organization Details

Founding Year

1942

Principal Officer

Megan Downs

Main Address

3651 forest park ave, st louis, MO, 63108

NTEE Category

Code: W60 - Public benefit

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