Overview
What is South Central Missouri Credit Union?
South Central Missouri Credit Union is a voluntary, cooperative, and nonprofit savings institution situated in Willow Springs, Missouri. With approximately 1,959 members, it fosters thrift among its community by offering credit at fair and reasonable interest rates. The primary mission of this organization is to provide top-notch financial services to its members, who share a common bond, with the aim of benefiting the members financially. The credit union operates with a team of five dedicated individuals, ensuring quality service delivery to its members.
Official website here: www.creditunionmo.com
Is South Central Missouri Credit Union legitimate?
South Central Missouri Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. South Central Missouri 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: $36,141
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,515
For more financial information, click here
Official website here: www.creditunionmo.com
What is the mission statement of South Central Missouri Credit Union?
South Central Missouri Credit Union's mission is centered around providing high-quality financial services to its members who share a common bond. The credit union exists primarily for the financial benefit of its members, numbering approximately 1,959. Acting as a voluntary, cooperative, and non-profit savings institution, it encourages thrift among its members by offering credit at reasonable interest rates and providing opportunities to improve their economic conditions. In essence, the credit union's mission is to serve its members effectively and contribute positively to their financial well-being.
Official website here: www.creditunionmo.com
What is the revenue of South Central Missouri Credit Union?
South Central Missouri Credit Union's revenue in 2023 was $133,320.
Official website here: www.creditunionmo.com
Who are the executives of South Central Missouri Credit Union and what are their salaries?
The average compensation at South Central Missouri Credit Union during 2023 was $11,609. There are 6 employees and 11 volunteers at South Central Missouri Credit Union.
Here are 10 key members and their salaries:
- Compensation: $36,141
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.creditunionmo.com
Where can I find the form 990 for South Central Missouri Credit Union?
South Central Missouri Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.creditunionmo.com
Learn more at the official website: www.creditunionmo.com
Mission Statement of South Central Missouri Credit Union
South Central Missouri Credit Union, a cooperative savings institution, is committed to providing its approximately 1959 members with high-quality financial services. The organization's mission is rooted in the belief that it exists primarily for the financial benefit of its members, who share a common bond. By encouraging thrift among its members, South Central Missouri Credit Union offers credit at fair and reasonable interest rates, thereby providing an opportunity for its members to improve their economic condition. The union's activities are guided by a voluntary and nonprofit approach, ensuring that the financial well-being of its members is at the heart of its operations.
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Impact
October, 2024
South Central Missouri Credit Union significantly impacts its community by offering quality financial services tailored to meet the needs of its nearly 1,959 members. Located in Willow Springs, Missouri, the credit union fosters a cooperative environment where members are encouraged to save and thrive financially. Its mission is centered on providing fair and reasonable interest rates, allowing members to access credit that supports their financial well-being.
By promoting thrift and providing opportunities for economic improvement, the credit union helps strengthen the financial stability of its members. This cooperative model not only benefits individual members but also contributes positively to the local economy, ensuring that the financial activities are grounded in community values and shared goals. Through its dedicated services, South Central Missouri Credit Union plays a vital role in enhancing the financial lives of its members and fostering a sense of community among them.
This information is meant to be a general summary of South Central Missouri 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 2023.
- Investment Income: $67,302
- Program Service Revenue: $209,176
- Gross Receipts: $276,478
Assets and Liabilities:
- Total Assets: $11,949,835
- Total Liabilities: $10,408,054
- Net Assets: $1,541,781
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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
$204,654
FEES AND CHARGES
Revenue
$4,522
Organization Details
Founding Year
1954
Principal Officer
Amy Walker
Website
www.creditunionmo.comNTEE Category
Code: W60 - Public benefit
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