Overview
What is Archer Cooperative Credit Union?
Archer Cooperative Credit Union is a financially-focused nonprofit organization, gaining its authority from state chartering. As a cooperative, it operates with a mission to serve its members, providing financial services and opportunities for growth. While the provided information does not delve into the specific programs or services offered by Archer Cooperative Credit Union, it can be inferred that they cater to the financial needs of their members. Their operations are centered around the principles of cooperation, ensuring that they operate for the benefit of their members as a whole.
Official website here: www.archerccu.com
Is Archer Cooperative Credit Union legitimate?
Archer Cooperative Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Archer Cooperative 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,544,166
For more financial information, click here
Official website here: www.archerccu.com
What is the mission statement of Archer Cooperative Credit Union?
Archer Cooperative Credit Union operates under a state-chartered structure, serving its members with an unspecified mission statement. Due to the limited information provided, it's challenging to provide a detailed mission summary. However, as a credit union, its primary objective is likely to provide financial services and promote financial well-being to its members. The exact details of its mission, such as its dedication to community development or specific financial goals, remain unknown based on the available data.
Official website here: www.archerccu.com
Who is the CEO of Archer Cooperative Credit Union?
Rex Minert is the President/Ce of Archer Cooperative Credit Union.
Official website here: www.archerccu.com
What is the revenue of Archer Cooperative Credit Union?
Archer Cooperative Credit Union's revenue in 2022 was $4,250,495.
Official website here: www.archerccu.com
Who are the executives of Archer Cooperative Credit Union and what are their salaries?
The average compensation at Archer Cooperative Credit Union during 2022 was $53,247. There are 29 employees and 12 volunteers at Archer Cooperative Credit Union.
Here are 9 key members and their salaries:
- Compensation: $147,687
- Related: $0
- Other: $0
- Compensation: $124,204
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
- Compensation: $750
- Related: $0
- Other: $0
Official website here: www.archerccu.com
Where can I find the form 990 for Archer Cooperative Credit Union?
Archer Cooperative Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.archerccu.com
Learn more at the official website: www.archerccu.com
Mission Statement of Archer Cooperative Credit Union
Archer Cooperative Credit Union, as a state-chartered institution, is dedicated to its mission. While the provided information is limited, it implies that Archer Cooperative Credit Union operates as a credit union, providing financial services to its members. However, to provide a more comprehensive and descriptive summary, one can infer that the mission of Archer Cooperative Credit Union is centered around financial cooperation among its members. By functioning as a credit union, Archer Cooperative Credit Union promotes financial accessibility and affordability, offering financial services such as savings, loans, and other banking services to its members. This mission empowers its members to manage their finances effectively, fostering financial stability and independence.
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Impact
October, 2024
Archer Cooperative Credit Union plays a significant role in supporting financial well-being within its community. As a state-chartered credit union, it provides essential financial services that empower individuals and families in Central City, NE. Its focus on offering accessible banking options strengthens the local economy by facilitating savings, loans, and financial education.
By prioritizing public benefit, Archer Cooperative Credit Union promotes financial literacy and inclusion, ensuring that all members have the tools necessary to manage their finances effectively. This commitment helps to foster a sense of community, encouraging members to support one another and invest in local projects. Additionally, the credit union's activities contribute to building a more resilient economic landscape, enhancing the overall quality of life for residents in the region.
This information is meant to be a general summary of Archer Cooperative 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: $281,206
- Program Service Revenue: $3,969,289
- Gross Receipts: $4,250,495
Assets and Liabilities:
- Total Assets: $88,466,707
- Total Liabilities: $80,398,033
- Net Assets: $8,068,674
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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
$3,264,636
FEE INCOME
Revenue
$477,377
OTHER INCOME
Revenue
$227,276
Organization Details
Founding Year
1984
Phone
(308) 795-2204Principal Officer
Rex Minert
Main Address
PO BOX 284, CENTRAL CITY, NE, 68826
Website
www.archerccu.comNTEE Category
Code: W60 - Public benefit
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