Patriot Credit Union

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

EIN: 436034939 ✦ St louis, MO ✦ Designated as a 501(c)(14)

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Overview

What is Patriot Credit Union?

Patriot Credit Union, located in St. Louis, Missouri, serves as a financial institution for 1,538 members. With a strong focus on its members' financial well-being, the credit union offers high-quality financial services to enhance their financial stability. Maintaining financial strength is a priority for Patriot Credit Union, ensuring it can continue to provide these services effectively. With a modest workforce of three employees, it is dedicated to improving its members' financial lives.


Official website here: www.patriotcu.com

Is Patriot Credit Union legitimate?

Patriot Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Patriot 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: $93,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,667

For more financial information, click here


Official website here: www.patriotcu.com

What is the mission statement of Patriot Credit Union?

Patriot Credit Union's mission is focused on delivering top-notch financial services to its members, aiming to enhance their financial well-being. The credit union strives to achieve this goal while maintaining its financial stability. By providing various financial and financially related services, Patriot Credit Union aims to contribute positively to its members' financial lives. With a membership of 1,538 individuals, the credit union is committed to offering reliable and strong financial services, thereby fostering financial prosperity among its members.


Official website here: www.patriotcu.com

Who is the CEO of Patriot Credit Union?

Peter Erbe is the President of Patriot Credit Union.


Official website here: www.patriotcu.com

What is the revenue of Patriot Credit Union?

Patriot Credit Union's revenue in 2022 was $490,910.


Official website here: www.patriotcu.com

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

The average compensation at Patriot Credit Union during 2022 was $48,998. There are 3 employees and 10 volunteers at Patriot Credit Union.


Here are 8 key members and their salaries:


Zachary Rasure (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancee Zimmers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Milner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Lampert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Beffa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Touzinsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Schumm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Erbe (Manager)
  • Compensation: $80,814
  • Related: $0
  • Other: $12,514


Official website here: www.patriotcu.com

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

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


Official website here: www.patriotcu.com

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

Mission Statement of Patriot Credit Union

Patriot Credit Union, as a financial institution, is dedicated to serving its members with high-quality financial services. Its mission is twofold: firstly, it aims to enhance the financial well-being of its members, and secondly, it strives to maintain the financial strength of the credit union itself. By providing a wide range of financial and financially related services, Patriot Credit Union aims to contribute positively to its members' financial lives. This commitment to its members is a testament to its dedication to fostering financial stability and prosperity within its community.

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Impact




October, 2024

Patriot Credit Union plays a crucial role in enhancing the financial well-being of its members in St. Louis, MO. By providing high-quality financial services, the credit union directly impacts the lives of its 1,538 members, offering them the resources and support necessary to achieve their financial goals. The focus on maintaining financial strength ensures that the institution is reliable and sustainable, creating a stable environment for its members' financial activities. This commitment not only empowers individuals but also contributes to the overall economic health of the community.




This information is meant to be a general summary of Patriot 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
$490,910 (2022)
Expenses
$453,330 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $41,508
  • Program Service Revenue: $449,402
  • Gross Receipts: $490,910

Assets and Liabilities:

  • Total Assets: $14,669,839
  • Total Liabilities: $13,776,422
  • Net Assets: $893,417

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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

$327,144

FEES & OTHER INCOME

Revenue

$122,258

Organization Details

Founding Year

1958

Principal Officer

Peter Erbe

Main Address

4343 TELEGRAPH ROAD, ST LOUIS, MO, 631292648

NTEE Category

Code: Z99 - Unknown

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