Telcomm Credit Union

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

EIN: 440538278 ✦ Springfield, MO ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Telcomm Credit Union?

Telcomm Credit Union, a member-owned cooperative based in Springfield, Missouri, serves approximately 23,858 members by offering top-notch savings, loan, and other financial services at competitive rates. With a commitment to enhancing the economic condition of its members, this credit union prioritizes responsiveness to their needs and goals. As a dedicated people-helping-people organization, Telcomm Credit Union remains steadfast in its philosophy and adheres to sound business practices. The cooperative boasts a team of 94 employees.


Official website here: www.telcommcu.com

Is Telcomm Credit Union legitimate?

Telcomm Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Telcomm 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: $528,771
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,710,543

For more financial information, click here


Official website here: www.telcommcu.com

What is the mission statement of Telcomm Credit Union?

Telcomm Credit Union operates as a member-owned cooperative, prioritizing the provision of top-notch financial services to its members. Committed to remaining responsive to the needs and goals of its clientele, the credit union operates with the guiding philosophy of "people helping people" while adhering to sound business practices. With approximately 23,858 members, the credit union offers savings, loan, and other financial services at competitive rates, aiming to enhance the economic condition of its customer base.


Official website here: www.telcommcu.com

Who is the CEO of Telcomm Credit Union?

Jessica Shorney is the President/Ce of Telcomm Credit Union.


Official website here: www.telcommcu.com

What is the revenue of Telcomm Credit Union?

Telcomm Credit Union's revenue in 2022 was $13,563,264.


Official website here: www.telcommcu.com

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

The average compensation at Telcomm Credit Union during 2022 was $34,461. There are 94 employees and 12 volunteers at Telcomm Credit Union.


Here are 14 key members and their salaries:


Jessica Shorney (President/Ce)
  • Compensation: $243,753
  • Related: $0
  • Other: $28,108
Chris Glenn (Chief Lendin)
  • Compensation: $116,786
  • Related: $0
  • Other: $14,581
Beth Hylsky (Cfo)
  • Compensation: $125,089
  • Related: $0
  • Other: $2,954
Timothy Harris (Employee)
  • Compensation: $112,371
  • Related: $0
  • Other: $11,701
Lori Johnson-Murawaski (Employee)
  • Compensation: $104,415
  • Related: $0
  • Other: $11,480
Gregory Eck (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Barber (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Roper (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Woodall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Losh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris George (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Halstead (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julius B Melton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Netzer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.telcommcu.com

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

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


Official website here: www.telcommcu.com

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

Mission Statement of Telcomm Credit Union

Telcomm Credit Union, a member-owned cooperative, is deeply committed to delivering top-notch financial services to its approximately 23,858 members. Guided by the philosophy of "People Helping People," this credit union goes above and beyond to cater to the financial needs and goals of its members, all while adhering to sound business practices.

As a member-driven organization, Telcomm Credit Union prioritizes the well-being of its community. It offers a range of savings and loan services, as well as other financial solutions, at competitive rates. The credit union's dedication extends beyond merely providing financial services; it strives to improve the economic condition of its members. By remaining responsive to the unique needs of its community, Telcomm Credit Union fosters a strong sense of trust and cooperation among its members.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Telcomm Credit Union significantly enhances the financial well-being of its members in Springfield, MO, by offering high-quality financial services tailored to meet their needs. Serving approximately 23,858 members, the credit union provides competitive savings and loan services designed to improve the economic condition of its community.

With a mission centered on being member-owned and responsive, Telcomm Credit Union embodies the philosophy of "people helping people." This cooperative model fosters a sense of community and shared success, ensuring that members receive personalized attention and support in achieving their financial goals. By prioritizing their members' needs and maintaining sound business practices, Telcomm Credit Union plays a vital role in promoting economic empowerment and stability within the Springfield area.




This information is meant to be a general summary of Telcomm 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
$13,563,264 (2022)
201120122013201420152016201720182019202020212022$0$3.5M$7M$10.5M$14M
Expenses
$10,356,566 (2022)
201120122013201420152016201720182019202020212022$0$3M$6M$9M$12M
Efficiency
2011201220132014201520162017201820192020202120220%6%12%18%24%30%

Other financial information:

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

  • Investment Income: $1,026,199
  • Program Service Revenue: $12,525,115
  • Gross Receipts: $13,563,264

Assets and Liabilities:

  • Total Assets: $273,963,242
  • Total Liabilities: $241,577,741
  • Net Assets: $32,385,501

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$9,167,784

CREDIT CARD INCOME

Revenue

$1,529,250

FEES AND CHARGES

Revenue

$1,349,603

OTHER INCOME

Revenue

$334,223

INSURANCE COMMISSIONS

Revenue

$77,876

Organization Details

Founding Year

1940

Principal Officer

Jessica Shorney

Main Address

2155 E SUNSHINE, SPRINGFIELD, MO, 65804

NTEE Category

Code: W60 - Public benefit

If you are a representative of Telcomm 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.