Highway Crossroads Credit Union

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

EIN: 436032519 ✦ Sikeston, MO ✦ Designated as a 501(c)(14)

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Overview

What is Highway Crossroads Credit Union?

Highway Crossroads Credit Union is a nonprofit organization situated in Sikeeston, Missouri, with a mission to provide high-quality financial services to its 2,122 members. Established as a savings and loan institution, the credit union has evolved into a full-service entity dedicated to improving its members' financial well-being while maintaining its financial stability. With a team of six dedicated employees, Highway Crossroads Credit Union offers various financial and financially related services to its members, aiming to enhance their overall financial standing.


Official website here: www.mycrossroadscu.com

Is Highway Crossroads Credit Union legitimate?

Highway Crossroads Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Highway Crossroads 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: $90,942
Professional Fundraising Fees: $0
Other Salaries and Wages: $159,417

For more financial information, click here


Official website here: www.mycrossroadscu.com

What is the mission statement of Highway Crossroads Credit Union?

Highway Crossroads Credit Union's mission is centered around providing high-quality financial services to its members, with the goal of enhancing their financial well-being. The organization strives to maintain its financial strength while delivering these services. Originating as a savings and loan institution, Highway Crossroads Credit Union has evolved into a full-service credit union, committed to serving its members more effectively. It offers a variety of financial and financially related services to its 2,122 members.


Official website here: www.mycrossroadscu.com

Who is the CEO of Highway Crossroads Credit Union?

Lindi Lynch is the Chairman of Highway Crossroads Credit Union.


Official website here: www.mycrossroadscu.com

What is the revenue of Highway Crossroads Credit Union?

Highway Crossroads Credit Union's revenue in 2022 was $1,082,890.


Official website here: www.mycrossroadscu.com

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

The average compensation at Highway Crossroads Credit Union during 2022 was $41,726. There are 6 employees and 10 volunteers at Highway Crossroads Credit Union.


Here are 8 key members and their salaries:


Jeffery Wachter (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Wyman (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Brandon (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer S Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessie Benji Philpot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooks Pratt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Pfeffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindi Lynch (President)
  • Compensation: $87,646
  • Related: $0
  • Other: $3,296


Official website here: www.mycrossroadscu.com

Where can I find the form 990 for Highway Crossroads Credit Union?

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


Official website here: www.mycrossroadscu.com

Learn more at the official website: www.mycrossroadscu.com

Mission Statement of Highway Crossroads Credit Union

Highway Crossroads Credit Union is committed to delivering exceptional financial services to its members, aiming to enhance their financial well-being while preserving the financial stability of the credit union itself. Originating as a savings and loan institution, this organization has evolved into a comprehensive credit union, dedicated to serving its members more effectively. The mission of Highway Crossroads Credit Union is to provide a wide range of financial and financially related services to its 2,122 members.

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Impact




October, 2024

Highway Crossroads Credit Union significantly enhances the financial well-being of its 2,122 members in Sikeston, MO, by offering a wide range of high-quality financial services. The credit union has transitioned from a traditional savings and loan institution into a full-service entity, allowing it to better meet the diverse needs of its members. By providing accessible financial services, it empowers individuals and families to achieve their financial goals, whether through savings accounts, loans, or financial education resources.

The positive impact of the credit union extends beyond individual members, as it helps to strengthen the local economy by promoting financial stability and supporting community initiatives. By maintaining its financial strength while prioritizing member services, Highway Crossroads Credit Union fosters a sense of trust and loyalty among its members, ultimately contributing to a more financially secure and informed community.




This information is meant to be a general summary of Highway Crossroads 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
$1,082,890 (2022)
Expenses
$838,535 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,375
  • Program Service Revenue: $1,071,515
  • Gross Receipts: $1,082,890

Assets and Liabilities:

  • Total Assets: $20,506,898
  • Total Liabilities: $17,155,261
  • Net Assets: $3,351,637

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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

$929,985

FEES & OTHER INCOME

Revenue

$120,435

WARRANTY SALES

Revenue

$21,095

Organization Details

Founding Year

1953

Principal Officer

Lindi Lynch

Main Address

741 YORK DRIVE, SIKESTON, MO, 638013309

NTEE Category

Code: Z99 - Unknown

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