Overview
What is De Soto Mo Pac Credit Union?
De Soto Mo Pac Credit Union is a nonprofit organization, incorporated under Missouri laws, with a mission to encourage financial responsibility among its members. Based at 2082 Rock Road, De Soto, Missouri, the credit union offers a reliable source of credit at fair and reasonable interest rates. It aims to benefit its members by providing earnings, savings, benefits, and various services. The credit union, with a small workforce of 8 employees, operates as a volunteering, non-profit entity, contributing positively to the financial well-being of its members.
Official website here: www.desotomopaccu.com
Is De Soto Mo Pac Credit Union legitimate?
De Soto Mo Pac Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. De Soto Mo Pac 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $222,465
For more financial information, click here
Official website here: www.desotomopaccu.com
What is the mission statement of De Soto Mo Pac Credit Union?
De Soto Mo Pac Credit Union is established as a non-profit organization, with the primary goal of promoting thrift among its members. It achieves this by offering a reliable source of credit at reasonable interest rates. The credit union provides its members with various benefits, including earnings, savings, and a range of services, all aimed at mutual benefit. In essence, De Soto Mo Pac Credit Union serves its members by encouraging savings, offering affordable credit, and delivering benefits and services to enhance their financial well-being.
Official website here: www.desotomopaccu.com
Who is the CEO of De Soto Mo Pac Credit Union?
Melissa Thebeau is the Sec./Treas./ of De Soto Mo Pac Credit Union.
Official website here: www.desotomopaccu.com
What is the revenue of De Soto Mo Pac Credit Union?
De Soto Mo Pac Credit Union's revenue in 2022 was $919,541.
Official website here: www.desotomopaccu.com
Who are the executives of De Soto Mo Pac Credit Union and what are their salaries?
The average compensation at De Soto Mo Pac Credit Union during 2022 was $27,808. There are 8 employees at De Soto Mo Pac Credit Union.
Here are 12 key members and their salaries:
- Compensation: $66,795
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- Compensation: $0
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- Other: $0
Official website here: www.desotomopaccu.com
Where can I find the form 990 for De Soto Mo Pac Credit Union?
De Soto Mo Pac Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.desotomopaccu.com
Learn more at the official website: www.desotomopaccu.com
Mission Statement of De Soto Mo Pac Credit Union
De Soto Mo Pac Credit Union is a non-profit organization established with the mission to encourage thrift among its members. This mission is achieved by providing a reliable source of credit at a fair and reasonable interest rate. Beyond this, the credit union also aims to offer its members various benefits, earnings, savings, and services. The ultimate goal of De Soto Mo Pac Credit Union is to empower its members financially, providing them with opportunities for mutual benefit and growth.
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Impact
October, 2024
De Soto Mo Pac Credit Union plays a vital role in its community by fostering a culture of thrift and financial responsibility among its members. By offering loans at fair and reasonable interest rates, the credit union provides accessible financing options that help individuals and families achieve their financial goals. The emphasis on mutual benefit ensures that members not only have access to credit but also accumulate earnings and savings through various services.
The credit union enhances financial literacy and encourages smart money management, contributing to the overall economic well-being of its members. By prioritizing the needs of its community, De Soto Mo Pac Credit Union strengthens local economic resilience and promotes sustainable growth. As a member-centric institution, it focuses on delivering personalized services, thus reinforcing its commitment to supporting the financial health and stability of the De Soto community.
This information is meant to be a general summary of De Soto Mo Pac 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.
- Program Service Revenue: $919,541
- Gross Receipts: $919,541
Assets and Liabilities:
- Total Assets: $21,578,212
- Total Liabilities: $117,019
- Net Assets: $21,461,193
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$578,719
CD INSURANCE INCOME
Revenue
$76,671
INTEREST ON HOME EQUITY LOANS
Revenue
$70,576
ATM/DC INCOME
Revenue
$57,366
INVESTMENT INCOME
Revenue
$49,780
Organization Details
Founding Year
1939
Phone
(636) 586-9922Principal Officer
Melissa Thebeau
Main Address
2082 ROCK ROAD, DE SOTO, MO, 63020
Website
www.desotomopaccu.comNTEE Category
Code: W60 - Public benefit
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