Bayer Credit Union

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

EIN: 431062827 ✦ Kansas city, MO ✦ Designated as a 501(c)(14)

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Overview

What is Bayer Credit Union?

Bayer Credit Union is a nonprofit organization situated in Kansas City, Missouri, specifically at 8400 Hawthorne Road. Serving a membership of 1,393 individuals, this credit union is dedicated to providing top-notch financial services. Their mission is twofold: to enhance the financial well-being of their members while ensuring the financial stability of the credit union itself. With a modest workforce of two employees, Bayer Credit Union strives to uphold its commitment to delivering superior financial services to its members.


Official website here: www.bayercu.org

Is Bayer Credit Union legitimate?

Bayer Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Bayer 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: $51,430
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,425

For more financial information, click here


Official website here: www.bayercu.org

What is the mission statement of Bayer Credit Union?

Bayer Credit Union is committed to providing top-notch financial services to its members, with the aim of enhancing their financial well-being. The credit union strives to maintain its financial strength while offering these services. Its mission is to cater to the financial needs of its 1,393 members, offering a variety of financial and financially related services. The credit union is dedicated to improving its members' financial stability, ensuring that it remains a reliable and strong financial institution.


Official website here: www.bayercu.org

Who is the CEO of Bayer Credit Union?

Amy Doll Svp is the Chairperson of Bayer Credit Union.


Official website here: www.bayercu.org

What is the revenue of Bayer Credit Union?

Bayer Credit Union's revenue in 2022 was $165,323.


Official website here: www.bayercu.org

Who are the executives of Bayer Credit Union and what are their salaries?

The average compensation at Bayer Credit Union during 2022 was $38,928. There are 2 employees and 10 volunteers at Bayer Credit Union.


Here are 6 key members and their salaries:


Tina Myers (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanya Stoner (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Cully (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Todd Frank (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharri Wardlow (President (Through 8/31/2022))
  • Compensation: $46,651
  • Related: $0
  • Other: $4,779


Official website here: www.bayercu.org

Where can I find the form 990 for Bayer Credit Union?

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


Official website here: www.bayercu.org

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

Mission Statement of Bayer Credit Union

Bayer Credit Union, a financial institution dedicated to its members, is committed to delivering top-notch financial services. Its mission is twofold: firstly, to enhance the financial well-being of its members, and secondly, to maintain the financial stability of the credit union itself. By providing a variety of financial and financially related services, Bayer Credit Union aims to support its members in managing their finances effectively. This mission is a testament to the credit union's dedication to its members, ensuring they have access to the financial tools they need to thrive financially.

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Impact




October, 2024

Bayer Credit Union significantly enhances the financial well-being of its members by providing high-quality financial services tailored to their needs. Serving 1,393 members in Kansas City, Missouri, the credit union focuses on strengthening the financial health of its community. With a mission centered on supporting its members while ensuring the credit union's financial stability, Bayer Credit Union plays a vital role in promoting financial literacy, responsible lending, and community engagement. This impact fosters a culture of trust and empowerment among its members, ultimately contributing to a more financially literate and secure community.




This information is meant to be a general summary of Bayer 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
$165,323 (2022)
Expenses
$383,454 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,340
  • Program Service Revenue: $140,983
  • Gross Receipts: $165,323

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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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

$96,235

FEES & OTHER INCOME

Revenue

$44,448

WARRANTY SALES

Revenue

$300

Organization Details

Founding Year

1975

Principal Officer

Amy Doll Svp

Main Address

8400 HAWTHORNE ROAD, KANSAS CITY, MO, 641202301

NTEE Category

Code: W60 - Public benefit

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