Assemblies Of God Credit Union

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

EIN: 440599527 ✦ Springfield, MO ✦ Designated as a 501(c)(14)

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Overview

What is Assemblies Of God Credit Union?

Assemblies of God Credit Union is a nonprofit financial institution located in Springfield, Missouri, with approximately 20,000 members. This cooperative savings institution encourages thrift and aims to improve members' economic conditions by offering fair and reasonable interest rates on credits. The organization's mission is to provide quality, efficient, and professional services to meet the diverse financial needs of its members. With a team of 80 dedicated employees, Assemblies of God Credit Union offers its services to enhance the economic well-being of its members.


Official website here: www.agcu.org

Is Assemblies Of God Credit Union legitimate?

Assemblies Of God Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Assemblies Of God 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: $1,185,464
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,987,765

For more financial information, click here


Official website here: www.agcu.org

What is the mission statement of Assemblies Of God Credit Union?

The Assemblies Of God Credit Union is a non-profit savings institution, serving approximately 20,000 members. Its mission is centered around providing top-notch, efficient, and professional services tailored to members' financial requirements. By encouraging thrift and offering credit at fair rates, the credit union aims to help members enhance their economic situation. Its primary objective remains to meet the diverse financial needs of its members with quality and dedication.


Official website here: www.agcu.org

Who is the CEO of Assemblies Of God Credit Union?

Jackie Lawhon is the Board Chairman of Assemblies Of God Credit Union.


Official website here: www.agcu.org

What is the revenue of Assemblies Of God Credit Union?

Assemblies Of God Credit Union's revenue in 2022 was $16,786,554.


Official website here: www.agcu.org

Who are the executives of Assemblies Of God Credit Union and what are their salaries?

The average compensation at Assemblies Of God Credit Union during 2022 was $64,665. There are 80 employees and 9 volunteers at Assemblies Of God Credit Union.


Here are 17 key members and their salaries:


Rick Waggoner (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Perkin (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Myers (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Mclauchin (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cooper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Clouse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Birdsell (Vp Senior Commercial Lender)
  • Compensation: $174,569
  • Related: $0
  • Other: $18,325
Jacquelyn Lawhon (Director Of Finance & Operations)
  • Compensation: $135,047
  • Related: $0
  • Other: $11,024
Jason Lister (Director Of Mortgage Lending)
  • Compensation: $396,697
  • Related: $0
  • Other: $17,890
Jim Schmidly (Chief Revenue Officer)
  • Compensation: $159,075
  • Related: $0
  • Other: $13,121
Bruce Webb (President)
  • Compensation: $320,076
  • Related: $0
  • Other: $13,261
Terry Barksdale (Vp Commercial Lender)
  • Compensation: $109,454
  • Related: $0
  • Other: $6,807
Farrah Hill (Mortgage Loan Associate)
  • Compensation: $114,415
  • Related: $0
  • Other: $6,303
Brenton Illum (Mortgage Loan Officer)
  • Compensation: $195,896
  • Related: $0
  • Other: $10,822
Matthew Myers (Mortgage Loan Officer)
  • Compensation: $107,884
  • Related: $0
  • Other: $10,822
Mitchell Swanson (Director Of Underwriting & Quality Control)
  • Compensation: $412,401
  • Related: $0
  • Other: $17,615


Official website here: www.agcu.org

Where can I find the form 990 for Assemblies Of God Credit Union?

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


Official website here: www.agcu.org

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

Mission Statement of Assemblies Of God Credit Union

Assemblies of God Credit Union, a voluntary, cooperative, and nonprofit savings institution, is dedicated to delivering quality, efficient, and professional financial services to cater to the needs of its approximately 20,000 members. The organization encourages thrift among its members by offering them credit at fair and reasonable rates of interest and providing an opportunity to improve their economic conditions. By prioritizing the financial well-being of its members, the credit union strives to make a positive impact on their lives. The commitment to excellence reflects in the credit union's mission to provide top-notch services that cater to the varied financial needs of its members. With a focus on efficiency and professionalism, the Assemblies of God Credit Union has established itself as a trusted financial partner for its members.

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Impact




October, 2024

Assemblies Of God Credit Union makes a significant impact by providing quality, efficient, and professional financial services tailored to meet the diverse needs of its approximately 20,000 members. By encouraging thriftiness and offering credit at fair and reasonable rates, the credit union plays a vital role in improving the economic conditions of its members.

Located in Springfield, MO, the institution fosters a cooperative environment where members can confidently save and borrow, knowing that their financial well-being is prioritized. The credit union not only facilitates access to essential financial resources but also empowers its members to achieve their financial goals, ultimately contributing to the overall economic health of the community.




This information is meant to be a general summary of Assemblies Of God 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
$16,786,554 (2022)
Expenses
$12,968,583 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $562,402
  • Program Service Revenue: $16,224,152
  • Gross Receipts: $16,786,554

Assets and Liabilities:

  • Total Assets: $369,054,440
  • Total Liabilities: $342,029,276
  • Net Assets: $27,025,164

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Programs

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

LOAN INTEREST INCOME

Revenue

$11,634,488

MORTGAGE BANKING REVENUES

Revenue

$1,609,772

CARD INTERCHANGE FEES

Revenue

$1,261,232

SERVICE CHARGES ON MEMBER ACCOUNT

Revenue

$1,007,759

INSURANCE INCOME & COMMISSIONS

Revenue

$556,610

Organization Details

Founding Year

1951

Principal Officer

Jackie Lawhon

Main Address

1535 N CAMPBELL, SPRINGFIELD, MO, 65803

NTEE Category

Code: W60 - Public benefit

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