Kansas City Credit Union

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

EIN: 440502044 ✦ Kansas city, MO ✦ Designated as a 501(c)(14)

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Overview

What is Kansas City Credit Union?

Kansas City Credit Union is a nonprofit organization that serves the financial needs of 6,161 members, primarily located in Kansas City, Missouri. Their mission is multifaceted, encompassing the education of members, offering advice to aid decision-making, financing requirements, and investing in the community. They are committed to providing robust financial services, advocating for their members' financial well-being, and contributing positively to their community. The organization employs a team of 29 individuals to fulfill these objectives.


Official website here: www.kccu.net

What do the Facebook reviews say about Kansas City Credit Union?

88% of 22 reviewers on Facebook recommend Kansas City Credit Union. Here is a summary of their reviews:

While the majority of reviewers had positive remarks about their experiences, there were some notable concerns regarding operational hours. One user expressed frustration after arriving just 15 minutes before the stated closing time, only to find the establishment closed, which highlights a need for better consistency in communication about operating hours.

Overall, many customers appreciate the services offered by the credit union, indicating a strong sense of satisfaction with their financial products and support. Nevertheless, addressing the issue of accessibility during posted hours could further enhance the positive experiences shared by most members.


This AI summary has been generated from reviews found on Facebook.

Is Kansas City Credit Union legitimate?

Kansas City Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Kansas City 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: $161,559
Professional Fundraising Fees: $0
Other Salaries and Wages: $987,126

For more financial information, click here


Official website here: www.kccu.net

What is the mission statement of Kansas City Credit Union?

The Kansas City Credit Union's mission is centered around educating its members, providing sound financial advice, meeting their financial needs, and investing in the community. The credit union serves approximately 6,161 members, pursuing these objectives through its financial and financially related services. By educating its members, it empowers them to make informed financial decisions. In addition, it offers financial advice to help its members navigate their financial journeys. Furthermore, the credit union fulfills its members' financial needs by providing various financial services. Lastly, it invests in the community, contributing to its overall well-being and development.


Official website here: www.kccu.net

Who is the CEO of Kansas City Credit Union?

Brandon Richardson is the Chairman of Kansas City Credit Union. The CEO's salary of Kansas City Credit Union is $142,738 and their total compensation is $161,559.


Official website here: www.kccu.net

What is the revenue of Kansas City Credit Union?

Kansas City Credit Union's revenue in 2022 was $3,993,380.


Official website here: www.kccu.net

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

The average compensation at Kansas City Credit Union during 2022 was $39,610. There are 29 employees and 10 volunteers at Kansas City Credit Union.


Here are 8 key members and their salaries (Kansas City Credit Union's CEO's salary is $142,738 and their total compensation is $161,559):


Janice Smith (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Smith (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Bowman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Ammons (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracey Bryant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Godlewski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Richmond (President/Ceo)
  • Compensation: $142,738
  • Related: $0
  • Other: $18,821


Official website here: www.kccu.net

Where can I find the form 990 for Kansas City Credit Union?

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


Official website here: www.kccu.net

Learn more at the official website: www.kccu.net

Mission Statement of Kansas City Credit Union

Kansas City Credit Union, as a financial institution, is dedicated to a multi-faceted mission. Its primary objective is to educate its members, providing them with essential knowledge to make informed financial decisions. Beyond this, the credit union also serves to finance the financial needs of its members, offering them various financial services. Furthermore, Kansas City Credit Union is committed to investing in its community. By doing so, it not only supports its members but also contributes to the well-being and development of the broader community. This holistic approach to its mission demonstrates Kansas City Credit Union's dedication to its members and the community it serves.

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Impact




October, 2024

Kansas City Credit Union significantly impacts the local community by providing financial education, personalized advice, and essential financing solutions to its 6,161 members. By focusing on educating members about financial management, the credit union empowers individuals to make informed decisions that enhance their financial well-being. Additionally, their commitment to financing needs ensures that members have access to the resources required for personal growth and stability.

The credit union also plays an active role in investing in the community, demonstrating its dedication to fostering economic development and enhancing the quality of life in Kansas City. Through various initiatives and services, Kansas City Credit Union not only contributes to individual financial health but also supports broader community growth and resilience. This dual impact ensures that members and the community as a whole are better equipped to thrive financially.




This information is meant to be a general summary of Kansas City 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
$3,993,380 (2022)
Expenses
$3,877,381 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26,113
  • Program Service Revenue: $3,938,167
  • Gross Receipts: $4,039,948

Assets and Liabilities:

  • Total Assets: $61,833,298
  • Total Liabilities: $57,196,913
  • Net Assets: $4,636,385

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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

$2,310,398

FEES & OTHER INCOME

Revenue

$1,619,369

WARRANTY SALES

Revenue

$8,400

Organization Details

Founding Year

1940

Principal Officer

Brandon Richardson

Main Address

5110 ARARAT DRIVE, KANSAS CITY, MO, 641291917

NTEE Category

Code: W60 - Public benefit

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