Our Lady Of Snows Credit Union

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

EIN: 431169293 ✦ Henley, MO ✦ Designated as a 501(c)(14)

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Overview

What is Our Lady Of Snows Credit Union?

Our Lady of Snows Credit Union is a voluntary, cooperative, non-profit savings institution based in Henley, Missouri. Established under Missouri statutes, its primary objective is to promote thrift and savings among its members. The credit union offers loans at a fair and reasonable rate of interest, aiming to enhance their financial well-being. By doing so, the credit union also serves to increase its members' knowledge and ability to manage their finances effectively. The institution is supported by a team of six dedicated employees.

Is Our Lady Of Snows Credit Union legitimate?

Our Lady Of Snows Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Our Lady Of Snows 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: $31,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,281

For more financial information, click here

What is the mission statement of Our Lady Of Snows Credit Union?

Our Lady of Snows Credit Union is a voluntary, cooperative, and non-profit savings institution, established under Missouri statutes. Its primary purpose is to encourage savings among its members, provide credit at a fair and reasonable interest rate, and enhance the financial literacy of its members to manage and control their financial well-being. By doing so, the credit union aims to promote thrift and responsible financial practices among its members.

Who is the CEO of Our Lady Of Snows Credit Union?

Tonya Doherty is the Chairman of Our Lady Of Snows Credit Union.

What is the revenue of Our Lady Of Snows Credit Union?

Our Lady Of Snows Credit Union's revenue in 2022 was $142,430.

Who are the executives of Our Lady Of Snows Credit Union and what are their salaries?

The average compensation at Our Lady Of Snows Credit Union during 2022 was $8,496. There are 6 employees and 5 volunteers at Our Lady Of Snows Credit Union.


Here are 6 key members and their salaries:


Jason Parr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsey Evers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Bittle (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Adrian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Rutledge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonya Doherty (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Our Lady Of Snows Credit Union?

Our Lady Of Snows Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Our Lady Of Snows Credit Union

Our Lady of Snows Credit Union is a voluntary, cooperative, non-profit savings institution, established under the provisions of Missouri statutes. Its primary mission is to encourage thrift and savings among its members, providing credit at a fair and reasonable rate of interest. Furthermore, the credit union aims to enhance the financial knowledge and ability of its members, enabling them to effectively manage and control their financial well-being. By offering these services, Our Lady of Snows Credit Union seeks to empower its members in their financial journeys.

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Impact




October, 2024

Our Lady Of Snows Credit Union significantly impacts its community by promoting financial stability and personal empowerment among its members. By offering loans at fair and reasonable interest rates, the credit union enables individuals to access the funds they need for various purposes, whether it be for purchasing a home, financing education, or covering unexpected expenses.

Additionally, the credit union fosters a culture of thrift and savings, encouraging members to build their financial resources over time. Through its programs, members gain valuable knowledge and skills to better manage their finances, enhancing their ability to make informed financial decisions. This focus on education and support not only benefits individual members but also strengthens the broader community by promoting financial literacy and economic resilience. In Henley, MO, Our Lady Of Snows Credit Union serves as a vital resource for countless individuals seeking to improve their financial well-being.




This information is meant to be a general summary of Our Lady Of Snows 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
$142,430 (2022)
Expenses
$108,006 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,063
  • Program Service Revenue: $128,367
  • Gross Receipts: $142,430

Assets and Liabilities:

  • Total Assets: $5,197,293
  • Total Liabilities: $4,642,822
  • Net Assets: $554,471

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ONLOANS

Revenue

$125,488

FEES AND CHARGES

Revenue

$2,879

Organization Details

Founding Year

1961

Principal Officer

Tonya Doherty

Main Address

268 Highway H, Henley, MO, 65040

NTEE Category

Code: W60 - Public benefit

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