Overview
What is Multipli Credit Union?
Multipli Credit Union is a volunteer, cooperative, and nonprofit savings institution situated in Springfield, Missouri, specifically at 818 N Benton Ave. With over 11,600 members, it encourages thrift and financial responsibility by offering credit at reasonable rates and providing opportunities to enhance their economic condition. The credit union's primary mission is to provide affordable and high-quality financial services to the community it serves. With a workforce of 62 employees, Multipli Credit Union aims to contribute positively to the financial well-being of its members.
Official website here: www.multiplicu.com
Is Multipli Credit Union legitimate?
Multipli Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Multipli 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: $494,525
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,312,595
For more financial information, click here
Official website here: www.multiplicu.com
What is the mission statement of Multipli Credit Union?
Multipli Credit Union's mission is centered around providing affordable and high-quality financial services to its community members. Acting as a cooperative savings institution, it encourages thrift among its 11,602 members by offering credit at fair interest rates and providing opportunities for economic improvement. The primary objective of Multipli Credit Union is to serve its community by offering financial services that are both reasonable and beneficial.
Official website here: www.multiplicu.com
Who is the CEO of Multipli Credit Union?
Judy Hadsall is the President of Multipli Credit Union.
Official website here: www.multiplicu.com
What is the revenue of Multipli Credit Union?
Multipli Credit Union's revenue in 2022 was $9,692,310.
Official website here: www.multiplicu.com
Who are the executives of Multipli Credit Union and what are their salaries?
The average compensation at Multipli Credit Union during 2022 was $45,276. There are 62 employees and 11 volunteers at Multipli Credit Union.
Here are 13 key members and their salaries:
- Compensation: $255,643
- Related: $0
- Other: $17,580
- Compensation: $206,472
- Related: $0
- Other: $14,830
- Compensation: $120,189
- Related: $0
- Other: $12,638
- Compensation: $110,149
- Related: $0
- Other: $10,355
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.multiplicu.com
Where can I find the form 990 for Multipli Credit Union?
Multipli Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.multiplicu.com
Learn more at the official website: www.multiplicu.com
Mission Statement of Multipli Credit Union
Multipli Credit Union, a voluntary, cooperative, and nonprofit savings institution, is committed to providing its 11,602 members with affordable and high-quality financial services. This mission is driven by the credit union's belief in encouraging thrift among its members, offering them credit at fair and reasonable interest rates. By doing so, Multipli Credit Union aims to provide its members with an opportunity to improve their economic condition. In essence, the organization exists to support the financial well-being of its community members.
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Impact
October, 2024
Multipli Credit Union significantly impacts the Springfield, MO community by making affordable and quality financial services accessible to its 11,602 members. By fostering a culture of thrift and encouraging responsible saving habits, Multipli empowers individuals to enhance their financial wellbeing. The institution offers credit at fair and reasonable interest rates, enabling members to pursue their goals without facing exorbitant costs. This cooperative model promotes economic improvement within the community, helping members build a secure financial future while also reinforcing the local economy. Through its services, Multipli Credit Union plays a crucial role in uplifting individuals and fostering a sense of community solidarity.
This information is meant to be a general summary of Multipli 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $539,880
- Program Service Revenue: $7,105,357
- Gross Receipts: $9,760,877
Assets and Liabilities:
- Total Assets: $173,557,737
- Total Liabilities: $148,933,731
- Net Assets: $24,624,006
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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
$4,896,430
FEES AND CHARGES
Revenue
$934,596
CARD INTERCHANGE INCOME
Revenue
$922,856
MORTGAGE BANKING INCOME
Revenue
$177,417
OTHER INCOME
Revenue
$164,534
Organization Details
Founding Year
1934
Phone
(417) 865-3912Principal Officer
Judy Hadsall
Main Address
818 N BENTON AVE, SPRINGFIELD, MO, 65802
Website
www.multiplicu.comIf you are a representative of Multipli Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.