Overview
What is Cooperative Credit Union?
Cooperative Credit Union is a nonprofit organization based in Coffeyville, Kansas. With a strong commitment to their community and membership area, they offer financial and related services to 3,213 members. Their mission is to lead as a financial service provider, ensuring they meet their members' financial needs effectively. The credit union employs a team of six dedicated individuals to deliver these services.
Official website here: www.cooperativecu.com
Is Cooperative Credit Union legitimate?
Cooperative Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. 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: $110,450
Professional Fundraising Fees: $0
Other Salaries and Wages: $162,251
For more financial information, click here
Official website here: www.cooperativecu.com
What is the mission statement of Cooperative Credit Union?
The Cooperative Credit Union, serving approximately 3,213 members, has positioned itself as a leader in providing financial and financially related services within its community and membership area. Their mission is centered around leading in the financial sector, aiming to offer their members comprehensive and reliable financial services.
Official website here: www.cooperativecu.com
Who is the CEO of Cooperative Credit Union?
Lyle Martin is the Chairperson of Cooperative Credit Union.
Official website here: www.cooperativecu.com
What is the revenue of Cooperative Credit Union?
Cooperative Credit Union's revenue in 2022 was $893,235.
Official website here: www.cooperativecu.com
Who are the executives of Cooperative Credit Union and what are their salaries?
The average compensation at Cooperative Credit Union during 2022 was $45,450. There are 6 employees and 10 volunteers at Cooperative Credit Union.
Here are 8 key members and their salaries:
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- Compensation: $91,451
- Related: $0
- Other: $18,999
Official website here: www.cooperativecu.com
Where can I find the form 990 for Cooperative Credit Union?
Cooperative Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cooperativecu.com
Learn more at the official website: www.cooperativecu.com
Mission Statement of Cooperative Credit Union
Cooperative Credit Union, as the financial service leader in its community and membership area, is committed to providing a wide range of financial and financially related services to its 3,213 members. Its mission is to take a leading role in the financial sector, serving its members effectively and efficiently. The credit union's primary goal is to meet the financial needs of its members, ensuring they have access to the necessary financial tools and resources. By being the financial service leader, Cooperative Credit Union demonstrates its commitment to its members and the community at large, striving to provide exceptional service and financial solutions.
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Impact
October, 2024
Cooperative Credit Union serves as a vital financial resource in Coffeyville, KS, positively impacting the local community and its 3,213 members. By offering a variety of financial and financially related services, it helps individuals manage their finances effectively and fosters economic stability within the community.
The credit union's commitment to being a financial service leader enhances access to essential banking services, promoting financial literacy and empowerment among its members. This focus on community-oriented service ensures that members' needs are prioritized, supporting local economic growth and encouraging responsible financial practices.
Through its mission, Cooperative Credit Union strengthens connections within the community by providing tailored services that address the unique needs of its members. Its role in enhancing financial well-being contributes to a more resilient local economy, ultimately benefiting all residents of Coffeyville.
This information is meant to be a general summary of 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: $139,087
- Program Service Revenue: $748,417
- Gross Receipts: $893,235
Assets and Liabilities:
- Total Assets: $22,035,931
- Total Liabilities: $19,431,518
- Net Assets: $2,604,413
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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
$552,688
FEES & OTHER INCOME
Revenue
$195,729
Organization Details
Founding Year
1937
Phone
(620) 251-5290Principal Officer
Lyle Martin
Main Address
PO BOX 687, COFFEYVILLE, KS, 673370687
Website
www.cooperativecu.comNTEE Category
Code: W60 - Public benefit
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