Overview
What is Missouri Electric Cooperative Employees' Credit Union?
Missouri Electric Cooperative Employees' Credit Union is a nonprofit organization located in Jefferson City, Missouri. With a dedicated staff, they offer personalized financial services to over 12,455 members. Their mission is centered around providing successful financial solutions, ensuring a commitment to their members' financial well-being. Based out of a PO Box, the credit union provides a range of financially related services to its members, demonstrating their dedication to serving the community.
Official website here: www.mececu.com
What do the Facebook reviews say about Missouri Electric Cooperative Employees' Credit Union?
98% of 29 reviewers on Facebook recommend Missouri Electric Cooperative Employees' Credit Union. Here is a summary of their reviews:
Many users express a strong sense of satisfaction with the credit union, highlighting the positive experiences they've had. Several comments indicate that both current members and their families appreciate the services offered, creating a sense of community around the institution.
Overall, the cooperative seems to effectively meet the needs of its members, leaving them feeling valued and supported. The high recommendation rate suggests that it delivers on its promises, making it a reliable choice for financial services.
This AI summary has been generated from reviews found on Facebook.
Is Missouri Electric Cooperative Employees' Credit Union legitimate?
Missouri Electric Cooperative Employees' Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Missouri Electric Cooperative Employees' 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: $323,426
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,144,293
For more financial information, click here
Official website here: www.mececu.com
What is the mission statement of Missouri Electric Cooperative Employees' Credit Union?
Missouri Electric Cooperative Employees' Credit Union's mission, as stated, is focused on providing personalized financial services to its members. Their dedicated staff aims to achieve successful results in this field. The credit union offers a range of financial and financially related services to its 12,455 members. Their approach is personalized, ensuring each member receives the attention and assistance they need to manage their finances effectively. The mission of Missouri Electric Cooperative Employees' Credit Union is to provide its members with tailored financial solutions, backed by a dedicated team striving for successful outcomes.
Official website here: www.mececu.com
Who is the CEO of Missouri Electric Cooperative Employees' Credit Union?
Randy Marks is the Chairperson of Missouri Electric Cooperative Employees' Credit Union.
Official website here: www.mececu.com
What is the revenue of Missouri Electric Cooperative Employees' Credit Union?
Missouri Electric Cooperative Employees' Credit Union's revenue in 2022 was $10,181,059.
Official website here: www.mececu.com
Who are the executives of Missouri Electric Cooperative Employees' Credit Union and what are their salaries?
The average compensation at Missouri Electric Cooperative Employees' Credit Union during 2022 was $73,386. There are 20 employees and 12 volunteers at Missouri Electric Cooperative Employees' Credit Union.
Here are 14 key members and their salaries:
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- Compensation: $245,383
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- Other: $78,043
- Compensation: $145,503
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- Other: $58,802
- Compensation: $105,002
- Related: $0
- Other: $19,755
- Compensation: $124,728
- Related: $0
- Other: $54,611
- Compensation: $101,145
- Related: $0
- Other: $42,670
Official website here: www.mececu.com
Where can I find the form 990 for Missouri Electric Cooperative Employees' Credit Union?
Missouri Electric Cooperative Employees' Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mececu.com
Learn more at the official website: www.mececu.com
Mission Statement of Missouri Electric Cooperative Employees' Credit Union
Missouri Electric Cooperative Employees' Credit Union is dedicated to providing personalized financial services to its members with a track record of success. The credit union's mission is centered around offering a wide range of financial and financially related services to its 12,455 members. The team at Missouri Electric Cooperative Employees' Credit Union is committed to delivering these services with dedication and professionalism, aiming to meet the unique financial needs of each member. By doing so, the credit union aims to contribute positively to the financial well-being of its members.
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Impact
October, 2024
Missouri Electric Cooperative Employees' Credit Union plays a significant role in its community by providing personalized financial services that cater to the unique needs of its members. With a dedicated staff committed to achieving successful results, the credit union serves 12,455 members in Jefferson City, MO. This localized approach ensures that members receive tailored financial solutions, whether it's for savings, loans, or other financial needs. The focus on community engagement and support fosters financial literacy and empowerment among its members, enhancing their overall financial well-being. As a vital resource, the credit union contributes positively to the financial stability and quality of life of its members, showcasing its impact on the broader community.
This information is meant to be a general summary of Missouri Electric Cooperative Employees' 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.
- Investment Income: $1,978,057
- Program Service Revenue: $8,185,421
- Gross Receipts: $10,760,303
Assets and Liabilities:
- Total Assets: $302,522,493
- Total Liabilities: $282,790,547
- Net Assets: $19,731,946
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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
$6,846,588
FEES & OTHER INCOME
Revenue
$1,331,933
WARRANTY SALES
Revenue
$6,900
Organization Details
Founding Year
1975
Phone
(573) 634-2595Principal Officer
Randy Marks
Main Address
PO BOX 1586, JEFFERSON CITY, MO, 651021586
Website
www.mececu.comNTEE Category
Code: W60 - Public benefit
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