Health Care Family Credit Union

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

EIN: 430959076 ✦ St louis, MO ✦ Designated as a 501(c)(14)

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Overview

What is Health Care Family Credit Union?

Health Care Family Credit Union is a nonprofit organization situated in St. Louis, Missouri, with a membership of 5,574 individuals. Their primary objective is to deliver top-notch financial services to their members, aiming to improve their financial stability while ensuring the financial robustness of the credit union itself. With a team of 22 employees, they offer a range of financially related services to their members.


Official website here: www.healthcarefamilycreditunion.org

What do the Facebook reviews say about Health Care Family Credit Union?

100% of the 12 reviewers on Facebook recommend Health Care Family Credit Union. Here’s a summary of their insights:

People who have interacted with the organization consistently highlight the exceptional service provided by the staff. Reviewers express appreciation for the friendly and helpful nature of the team, indicating that HCFCU prioritizes customer care and comfort.

Overall, it’s clear that members feel valued and supported, contributing to a positive experience with their services. This strong endorsement speaks to the organization's commitment to its customers.


This AI summary has been generated from reviews found on Facebook.

Is Health Care Family Credit Union legitimate?

Health Care Family Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Health Care Family 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: $502,426
Professional Fundraising Fees: $0
Other Salaries and Wages: $494,417

For more financial information, click here


Official website here: www.healthcarefamilycreditunion.org

What is the mission statement of Health Care Family Credit Union?

Health Care Family Credit Union is committed to providing top-notch financial services to its members, aiming to enhance their financial stability. This is achieved while ensuring the financial robustness of the credit union itself. The primary focus is on improving the financial well-being of its members, offering a wide range of financial and financially related services. The credit union serves a membership of 5,574 individuals, providing them with essential financial assistance.


Official website here: www.healthcarefamilycreditunion.org

Who is the CEO of Health Care Family Credit Union?

Terry Summers is the President of Health Care Family Credit Union.


Official website here: www.healthcarefamilycreditunion.org

What is the revenue of Health Care Family Credit Union?

Health Care Family Credit Union's revenue in 2022 was $3,780,173.


Official website here: www.healthcarefamilycreditunion.org

Who are the executives of Health Care Family Credit Union and what are their salaries?

The average compensation at Health Care Family Credit Union during 2022 was $45,311. There are 22 employees and 9 volunteers at Health Care Family Credit Union.


Here are 11 key members and their salaries:


Karen Kenney (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Wierciak (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Starnes (Secretary / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Bolton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Dielschneider (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fenley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Terwelp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Summers (President)
  • Compensation: $208,081
  • Related: $0
  • Other: $15,811
Jarrod Deatherage (Vice President-Finance)
  • Compensation: $89,006
  • Related: $0
  • Other: $11,065
Patricia Reis (Vice President-Lending (Term))
  • Compensation: $80,424
  • Related: $0
  • Other: $2,247
Samuel Davis (Vice President-Lending)
  • Compensation: $84,888
  • Related: $0
  • Other: $10,904


Official website here: www.healthcarefamilycreditunion.org

Where can I find the form 990 for Health Care Family Credit Union?

Health Care Family Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.healthcarefamilycreditunion.org

Learn more at the official website: www.healthcarefamilycreditunion.org

Mission Statement of Health Care Family Credit Union

Health Care Family Credit Union, as a financial institution, is committed to providing its members with top-notch financial services. Its mission is geared towards enhancing the financial well-being of its members, while simultaneously ensuring the financial stability of the credit union itself. By offering high-quality financial services, the credit union aims to make a positive impact on its members' lives. This mission is a testament to its dedication to its members and its commitment to maintaining a robust financial infrastructure. With a membership of 5,574 individuals, Health Care Family Credit Union is well-positioned to deliver on its mission, providing financial and financially related services to its members, contributing to their financial well-being and overall financial health.

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Impact




October, 2024

Health Care Family Credit Union significantly enhances the financial well-being of its 5,574 members by offering high-quality financial services tailored to their needs. Located in St. Louis, Missouri, the credit union focuses on providing reliable financial products and resources that empower its members to achieve their financial goals. By maintaining a strong financial foundation, Health Care Family Credit Union ensures that it can continue to support its community with accessible and beneficial financial solutions. This commitment not only enhances individual financial health but also contributes to the overall economic stability of the area, promoting public benefit and financial literacy among its members.




This information is meant to be a general summary of Health Care Family 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
$3,780,173 (2022)
Expenses
$3,449,830 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $243,114
  • Program Service Revenue: $3,524,928
  • Gross Receipts: $4,318,078

Assets and Liabilities:

  • Total Assets: $78,210,749
  • Total Liabilities: $69,162,036
  • Net Assets: $9,048,713

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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

$2,330,072

FEES & OTHER INCOME

Revenue

$1,191,181

WARRANTY SALES

Revenue

$3,675

Organization Details

Founding Year

1969

Principal Officer

Terry Summers

Main Address

2114 S BIG BEND BLVD, ST LOUIS, MO, 631172406

NTEE Category

Code: W60 - Public benefit

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