Missouri Central Credit Union

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

EIN: 440357634 ✦ Lees summit, MO ✦ Designated as a 501(c)(14)

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Overview

What is Missouri Central Credit Union?

Missouri Central Credit Union is a financial institution located at 825 NE Deerbrook, Lees Summit, Missouri. With a mission to serve its members, the credit union provides various financial and related services to a community of 8,109 individuals. They aim to be a thriving financial institution, always ready to meet the needs of their members and contribute to their financial well-being. The credit union is home to a team of 18 dedicated employees.


Official website here: www.mocentral.org

Is Missouri Central Credit Union legitimate?

Missouri Central Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Missouri Central 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: $296,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $642,711

For more financial information, click here


Official website here: www.mocentral.org

What is the mission statement of Missouri Central Credit Union?

Missouri Central Credit Union aims to position itself as a thriving financial institution that consistently embraces opportunities to cater to its members' needs. Their mission is to coexist with their members, striving for mutual prosperity. They provide a range of financial and financially related services to over 8,100 members.


Official website here: www.mocentral.org

Who is the CEO of Missouri Central Credit Union?

Joshua Wooley is the President of Missouri Central Credit Union.


Official website here: www.mocentral.org

What is the revenue of Missouri Central Credit Union?

Missouri Central Credit Union's revenue in 2022 was $3,522,292.


Official website here: www.mocentral.org

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

The average compensation at Missouri Central Credit Union during 2022 was $52,158. There are 18 employees and 12 volunteers at Missouri Central Credit Union.


Here are 9 key members and their salaries:


Julia Hampton (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Monroe (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominique Bennet (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Thies (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Schaufler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Voyles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Thomas Lovell Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Wooley (President)
  • Compensation: $145,484
  • Related: $0
  • Other: $15,687
Tom Loftus (Vice President & Coo)
  • Compensation: $110,271
  • Related: $0
  • Other: $24,684


Official website here: www.mocentral.org

Where can I find the form 990 for Missouri Central Credit Union?

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


Official website here: www.mocentral.org

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

Mission Statement of Missouri Central Credit Union

Missouri Central Credit Union is committed to being the thriving financial institution that consistently seizes opportunities to cater to its members' needs. Their mission is encapsulated in the belief that when they succeed in meeting their members' financial requirements, they all prosper together. This philosophy underscores their dedication to providing a wide array of financial and financially related services to their 8,109 members.

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Impact




October, 2024

Missouri Central Credit Union plays a significant role in the financial well-being of its community by providing essential financial services to its 8,109 members. Located in Lees Summit, MO, the credit union is dedicated to meeting the diverse needs of its members, fostering a supportive environment where individuals can thrive financially. Through its commitment to personalized service and community engagement, Missouri Central Credit Union enhances the overall economic stability of the area it serves, creating opportunities for members to achieve their financial goals. By prioritizing their members' needs, the credit union cultivates a sense of collaboration and mutual growth, helping the entire community prosper together.




This information is meant to be a general summary of Missouri Central 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
$3,522,292 (2022)
Expenses
$2,989,541 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $204,334
  • Program Service Revenue: $3,303,919
  • Gross Receipts: $3,522,292

Assets and Liabilities:

  • Total Assets: $83,243,525
  • Total Liabilities: $75,864,777
  • Net Assets: $7,378,748

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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

$2,168,186

FEES & OTHER INCOME

Revenue

$1,132,224

WARRANTY & OTHER INSUR

Revenue

$3,509

Organization Details

Founding Year

1931

Principal Officer

Joshua Wooley

Main Address

825 NE DEERBROOK, LEES SUMMIT, MO, 640866750

NTEE Category

Code: W60 - Public benefit

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