Kansas Teachers Community Credit Un

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

EIN: 480590867 ✦ Pittsburg, KS ✦ Designated as a 501(c)(14)

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Overview

What is Kansas Teachers Community Credit Un?

Kansas Teachers Community Credit Union is a nonprofit organization situated in Pittsburg, Kansas. With a membership of over 13,000 individuals, its primary mission is to offer top-notch financial services, thereby improving their financial health while maintaining the credit union's financial stability. In 2020, they distributed dividends worth $499,107 to their members. As a credit union, they offer loans at reasonable interest rates, with outstanding loans totaling $74,119,181 as of December 31, 2019. The credit union employs 37 individuals, dedicated to serving its members effectively.


Official website here: www.kstcu.org

Is Kansas Teachers Community Credit Un legitimate?

Kansas Teachers Community Credit Un is a legitimate nonprofit organization registered as a 501(c)(14) entity. Kansas Teachers Community Credit Un 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: $237,082
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,003,038

For more financial information, click here


Official website here: www.kstcu.org

What is the mission statement of Kansas Teachers Community Credit Un?

The mission of Kansas Teachers Community Credit Union, serving its 13,259 members, is centered around providing superior financial services. This aim is to enhance the financial well-being of its members while ensuring the credit union's financial stability. The credit union achieves this by offering high-quality financial products at fair interest rates. In 2020, it distributed dividends totaling $499,107 to its members. Furthermore, the credit union acts as a source of credit for its members, with loans outstanding amounting to $74,119,181 as of December 31, 2019.


Official website here: www.kstcu.org

Who is the CEO of Kansas Teachers Community Credit Un?

Mark Kolarik is the President of Kansas Teachers Community Credit Un.


Official website here: www.kstcu.org

What is the revenue of Kansas Teachers Community Credit Un?

Kansas Teachers Community Credit Un's revenue in 2020 was $4,648,197.


Official website here: www.kstcu.org

Who are the executives of Kansas Teachers Community Credit Un and what are their salaries?

The average compensation at Kansas Teachers Community Credit Un during 2020 was $33,517. There are 37 employees at Kansas Teachers Community Credit Un.


Here are 11 key members and their salaries:


Mark Kolarik (President)
  • Compensation: $142,201
  • Related: $0
  • Other: $0
Becky Franklin (Vice President)
  • Compensation: $94,881
  • Related: $0
  • Other: $0
Chris Okeke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Pense (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Pace (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Presley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Cortes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Minton (Board Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
June Freund (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary J Goedeke (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Grotheer (Board Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kstcu.org

Where can I find the form 990 for Kansas Teachers Community Credit Un?

Kansas Teachers Community Credit Un's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.kstcu.org

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

Mission Statement of Kansas Teachers Community Credit Un

Kansas Teachers Community Credit Union is dedicated to delivering superior financial services to its 13,259 members, aiming to bolster their financial health while safeguarding the credit union's financial stability. The organization's mission is multifaceted, focusing on providing high-quality financial services that cater to the diverse needs of its members. This includes offering credit at reasonable interest rates, thereby enhancing financial well-being. As of December 31, 2019, the credit union had outstanding loans totaling $74,119,181. Additionally, Kansas Teachers Community Credit Union rewards its members by distributing dividends on their deposits, totaling $499,107 in 2020. The credit union's commitment to its members extends beyond financial services, as it strives to maintain financial strength while enriching the lives of its members.

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Impact




October, 2024

Kansas Teachers Community Credit Union plays a significant role in enhancing the financial well-being of its 13,259 members by offering high-quality financial services. By prioritizing the financial strength of the credit union, it ensures sustainable and reliable support for its members. In 2020, the credit union provided substantial dividends totaling $499,107 on member deposits, reflecting its commitment to rewarding its members. Additionally, with outstanding loans amounting to $74,119,181 as of December 31, 2019, it offers essential credit resources at fair and reasonable interest rates, further aiding its members in achieving their financial goals. Located in Pittsburg, Kansas, the credit union serves as a vital financial partner in the community, fostering economic stability and growth for educators and their families.




This information is meant to be a general summary of Kansas Teachers Community Credit Un. 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
$4,648,197 (2020)
Expenses
$3,894,194 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $498,059
  • Program Service Revenue: $4,150,138
  • Gross Receipts: $4,648,197

Assets and Liabilities:

  • Total Assets: $120,115,590
  • Total Liabilities: $106,204,663
  • Net Assets: $13,910,927

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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

$3,081,251

Fees and Charges

Revenue

$479,584

Cash Advance Fees

Revenue

$10,788

Interchange Income Visa

Revenue

$474,562

ATM Surcharge Fee Incom

Revenue

$17,479

Organization Details

Founding Year

1949

Principal Officer

Mark Kolarik

Main Address

416 N Broadway PO Box 1296, Pittsburg, KS, 66762

NTEE Category

Code: W60 - Public benefit

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