Horizon Credit Union

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

EIN: 436036048 ✦ Macon, MO ✦ Designated as a 501(c)(14)

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Overview

What is Horizon Credit Union?

Horizon Credit Union is a nonprofit organization, serving a membership of 5,330 individuals, that offers financial and related services. Their mission is to provide top-notch financial assistance to their members, aiming to improve their financial health while preserving the financial stability of the credit union itself. Based in Macon, Missouri, they have a dedicated workforce of 21 individuals, committed to fulfilling their mission.


Official website here: www.yourhcu.com

Is Horizon Credit Union legitimate?

Horizon Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Horizon 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: $113,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $606,533

For more financial information, click here


Official website here: www.yourhcu.com

What is the mission statement of Horizon Credit Union?

Horizon Credit Union's mission is centered around providing top-notch financial services to its members, aiming to enhance their financial well-being. This is accomplished while simultaneously maintaining the financial stability of the credit union itself. The organization's primary focus is on serving the needs of its 5,330 members, offering a range of financial and financially-related services. By doing so, Horizon Credit Union strives to contribute positively to its members' financial lives, ensuring the longevity and robustness of the credit union as a whole.


Official website here: www.yourhcu.com

Who is the CEO of Horizon Credit Union?

Kay Lucas is the Chairman of Horizon Credit Union.


Official website here: www.yourhcu.com

What is the revenue of Horizon Credit Union?

Horizon Credit Union's revenue in 2022 was $2,369,176.


Official website here: www.yourhcu.com

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

The average compensation at Horizon Credit Union during 2022 was $34,286. There are 21 employees and 10 volunteers at Horizon Credit Union.


Here are 6 key members and their salaries:


Dennis Fessler (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Murdock (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Hartung (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Howard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Moots (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Lucas (President)
  • Compensation: $90,290
  • Related: $0
  • Other: $23,182


Official website here: www.yourhcu.com

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

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


Official website here: www.yourhcu.com

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

Mission Statement of Horizon Credit Union

Horizon Credit Union is committed to providing top-notch financial services to its members, with the primary objective of enhancing their financial well-being. The credit union strives to achieve this goal while preserving its own financial stability. By offering a variety of financial and financially related services, Horizon Credit Union aims to cater to the needs of its 5,330 members effectively. The credit union's mission is to serve its members with dedication and expertise, ensuring they can manage their finances confidently and securely.

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Impact




October, 2024

Horizon Credit Union significantly enhances the financial well-being of its community by offering high-quality financial services tailored to meet the needs of its 5,330 members. Located in Macon, Missouri, the credit union focuses on providing a wide range of financial and financially related services, ensuring that members have access to the tools necessary for financial stability and growth.

By prioritizing the financial strength of the credit union itself, Horizon is not only committed to its members but also contributes to the overall economic health of the region. This commitment fosters a sense of community ownership and trust, enabling members to make informed financial decisions that positively impact their lives.




This information is meant to be a general summary of Horizon 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
$2,369,176 (2022)
Expenses
$1,959,872 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $212,925
  • Program Service Revenue: $2,149,921
  • Gross Receipts: $2,369,176

Assets and Liabilities:

  • Total Assets: $51,915,155
  • Total Liabilities: $46,838,573
  • Net Assets: $5,076,582

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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

$1,821,791

FEES & OTHER INCOME

Revenue

$320,358

WARRANTY SALES

Revenue

$7,772

Organization Details

Founding Year

1954

Principal Officer

Kay Lucas

Main Address

PO BOX 554, MACON, MO, 635520554

NTEE Category

Code: W60 - Public benefit

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