Quantum Credit Union

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

EIN: 480446490 ✦ Wichita, KS ✦ Designated as a 501(c)(14)

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Overview

What is Quantum Credit Union?

Quantum Credit Union is a nonprofit organization dedicated to offering financial services for the benefit of its members. With a membership base of 7,794 individuals, Quantum Credit Union provides access to credit and various other financial resources. The institution's primary mission is to serve its members by acting as a reliable source of credit and financial assistance.


Official website here: www.theq.org

Is Quantum Credit Union legitimate?

Quantum Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Quantum 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: $184,957
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,726,129

For more financial information, click here


Official website here: www.theq.org

What is the mission statement of Quantum Credit Union?

Quantum Credit Union, as a financial institution, is committed to serving its 7,794 members by offering credit and various financial services. Its mission, in essence, is to operate for mutual benefit, providing these essential financial solutions. By doing so, Quantum Credit Union contributes to its members' financial well-being and security. It acts as a reliable source of credit and financial assistance, playing an essential role in its members' financial lives.


Official website here: www.theq.org

Who is the CEO of Quantum Credit Union?

Chuck Bullock is the Director of Quantum Credit Union.


Official website here: www.theq.org

What is the revenue of Quantum Credit Union?

Quantum Credit Union's revenue in 2022 was $6,935,592.


Official website here: www.theq.org

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

The average compensation at Quantum Credit Union during 2022 was $45,502. There are 42 employees at Quantum Credit Union.


Here are 10 key members and their salaries:


Tony Pearce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Horine (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Chapman (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zach Strack (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Engels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Berlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Heidrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Bullock (President)
  • Compensation: $184,957
  • Related: $0
  • Other: $26,378


Official website here: www.theq.org

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

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


Official website here: www.theq.org

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

Mission Statement of Quantum Credit Union

Quantum Credit Union, a financial institution, is committed to serving its 7,794 members by offering mutual financial services. Its primary mission is to provide a reliable source of credit and various financial-related services. By doing so, Quantum Credit Union aims to contribute positively to the financial well-being of its members, fostering a sense of shared purpose and mutual benefit.

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Impact




October, 2024

Quantum Credit Union significantly impacts its community by offering accessible financial services designed for mutual benefit. With a membership of 7,794 individuals, it plays a crucial role in providing a reliable source of credit and a range of financial-related services in Wichita, Kansas. By prioritizing the needs of its members, Quantum Credit Union fosters financial empowerment, helping individuals and families achieve their financial goals and improve their economic well-being. Through its commitment to serving the community, Quantum Credit Union enhances public benefit and contributes to the overall financial stability of its members.




This information is meant to be a general summary of Quantum 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
$6,935,592 (2022)
Expenses
$6,067,330 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $479,487
  • Program Service Revenue: $6,413,351
  • Gross Receipts: $7,138,334

Assets and Liabilities:

  • Total Assets: $149,829,364
  • Total Liabilities: $136,200,542
  • Net Assets: $13,628,822

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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

$4,462,398

FEE INCOME

Revenue

$1,950,953

Organization Details

Founding Year

1938

Principal Officer

Chuck Bullock

Main Address

6300 W 21ST STREET NORTH, WICHITA, KS, 67205

NTEE Category

Code: W60 - Public benefit

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