Overview
What is Blucurrent Credit Union?
Blucurrent Credit Union is a vibrant, voluntary cooperative based in Springfield, Missouri, with over 23,000 members. The non-profit organization's primary mission is to encourage savings and financial responsibility among its members. It serves as a not-for-profit source of credit, offering fair and reasonable interest rates, and distributes earnings, savings, benefits, and services back to its members. Blucurrent Credit Union's goal is to improve both the economic and social conditions of its members by providing a range of financial and financially-related services. The credit union aims to create a mutual benefit for its members, ultimately enhancing their overall well-being. With a team of 107 employees, Blucurrent Credit Union is dedicated to its members and their financial journeys.
Official website here: www.blucurrent.org
Is Blucurrent Credit Union legitimate?
Blucurrent Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Blucurrent 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: $1,377,099
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,953,810
For more financial information, click here
Official website here: www.blucurrent.org
What is the mission statement of Blucurrent Credit Union?
Blucurrent Credit Union is a cooperative financial institution, serving over 23,000 members. Its mission is to promote savings among its members, providing them with affordable credit at reasonable interest rates. The credit union's ultimate goal is to enhance the overall well-being of its members, distributing earnings, savings, benefits, and services back to the community. The credit union is a non-profit organization dedicated to offering financial and financially-related services, aiming to help its members improve their economic and social conditions.
Official website here: www.blucurrent.org
Who is the CEO of Blucurrent Credit Union?
Gary Kirk is the Chairman of Blucurrent Credit Union. The CEO's salary of Blucurrent Credit Union is $244,906 and their total compensation is $372,832.
Official website here: www.blucurrent.org
What is the revenue of Blucurrent Credit Union?
Blucurrent Credit Union's revenue in 2022 was $18,207,156.
Official website here: www.blucurrent.org
Who are the executives of Blucurrent Credit Union and what are their salaries?
The average compensation at Blucurrent Credit Union during 2022 was $49,822. There are 107 employees and 3 volunteers at Blucurrent Credit Union.
Here are 16 key members and their salaries (Blucurrent Credit Union's CEO's salary is $244,906 and their total compensation is $372,832):
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- Compensation: $244,906
- Related: $0
- Other: $127,926
- Compensation: $169,062
- Related: $0
- Other: $40,641
- Compensation: $146,728
- Related: $0
- Other: $38,805
- Compensation: $131,617
- Related: $0
- Other: $48,733
- Compensation: $108,677
- Related: $0
- Other: $49,091
- Compensation: $105,101
- Related: $0
- Other: $32,135
- Compensation: $104,398
- Related: $0
- Other: $29,279
Official website here: www.blucurrent.org
Where can I find the form 990 for Blucurrent Credit Union?
Blucurrent Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.blucurrent.org
Learn more at the official website: www.blucurrent.org
Mission Statement of Blucurrent Credit Union
Blucurrent Credit Union, a voluntary and cooperative financial institution, exists to encourage savings among its 23,000+ members and provide them with accessible credit at fair and reasonable rates. Established as a non-profit entity, this credit union is dedicated to improving the economic and social conditions of its members. The mission of Blucurrent Credit Union is multifaceted. It aims to create a source of credit for its members, ensuring that they can benefit from financial services that cater to their needs. This cooperative endeavor operates on the principle of mutuality, with earnings, savings, benefits, and services being distributed among its members. By doing so, Blucurrent Credit Union fosters a sense of community and contributes to the general welfare of its clientele. The credit union's purpose extends beyond financial services, offering opportunities for its members to enhance their economic and social standing.
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Impact
October, 2024
Blucurrent Credit Union fosters financial well-being and community growth in Springfield, Missouri, impacting over 23,000 members by promoting thrift and providing access to fair and affordable credit. The cooperative financial services model enables members to benefit mutually, distributing earnings and savings back into the community. This approach not only enhances individual economic conditions but also contributes to the overall welfare of its members. By facilitating access to various financial services, Blucurrent empowers individuals to improve their financial literacy and stability, ultimately uplifting the economic landscape of the region.
This information is meant to be a general summary of Blucurrent 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: $469,408
- Program Service Revenue: $17,737,748
- Gross Receipts: $18,956,356
Assets and Liabilities:
- Total Assets: $305,927,504
- Total Liabilities: $276,275,366
- Net Assets: $29,652,138
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$12,776,275
OTHER INCOME
Revenue
$2,720,787
FEE INCOME
Revenue
$2,240,686
Organization Details
Founding Year
1929
Phone
(417) 887-1983Principal Officer
Gary Kirk
Main Address
1770 W SUNSET ST, SPRINGFIELD, MO, 65807
Website
www.blucurrent.orgNTEE Category
Code: W60 - Public benefit
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