Mid-Kansas Credit Union

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

EIN: 480592445 ✦ Moundridge, KS ✦ Designated as a 501(c)(14)

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Overview

What is Mid-Kansas Credit Union?

Mid-Kansas Credit Union is a nonprofit organization, dedicated to serving its 4,154 members by offering financial services for mutual benefits. Their primary activity involves providing credit and various other financial services, ensuring the collective prosperity of their membership base. By doing so, Mid-Kansas Credit Union contributes to the financial well-being of its community, creating a mutually beneficial environment.


Official website here: www.mkcu.coop

Is Mid-Kansas Credit Union legitimate?

Mid-Kansas Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Mid-Kansas 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: $942,833

For more financial information, click here


Official website here: www.mkcu.coop

What is the mission statement of Mid-Kansas Credit Union?

Mid-Kansas Credit Union is dedicated to providing financial services for the mutual benefit of its members. With a membership of 4,154 individuals, the credit union offers a range of credit and financial services. Its mission is centered around serving its members' financial needs, promoting financial well-being and mutual prosperity. The credit union functions as a cooperative, ensuring that its operations are guided by the collective interests of its members.


Official website here: www.mkcu.coop

Who is the CEO of Mid-Kansas Credit Union?

Gary Duerksen is the Loan Manager of Mid-Kansas Credit Union.


Official website here: www.mkcu.coop

What is the revenue of Mid-Kansas Credit Union?

Mid-Kansas Credit Union's revenue in 2022 was $3,087,816.


Official website here: www.mkcu.coop

Who are the executives of Mid-Kansas Credit Union and what are their salaries?

The average compensation at Mid-Kansas Credit Union during 2022 was $42,856. There are 22 employees and 8 volunteers at Mid-Kansas Credit Union.


Here are 7 key members and their salaries:


Brandon Unruh (Loan Manager)
  • Compensation: $122,078
  • Related: $0
  • Other: $0
Gary Duerksen (Manager)
  • Compensation: $109,887
  • Related: $0
  • Other: $0
Bret Gillmore (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Schmidt (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Robb (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlyn Nightingale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Stucky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mkcu.coop

Where can I find the form 990 for Mid-Kansas Credit Union?

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


Official website here: www.mkcu.coop

Learn more at the official website: www.mkcu.coop

Mission Statement of Mid-Kansas Credit Union

Mid-Kansas Credit Union, as a financial institution, is committed to serving its 4,154 members by providing credit and various financial services for mutual benefits. Its mission is to operate as a cooperative, working towards the collective financial well-being of its members. By offering credit and other financial services, Mid-Kansas Credit Union aims to contribute positively to the financial lives of its members. The credit union's operations are centered around the idea of mutuality, where each member's success is interconnected with the success of the organization as a whole.

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Impact




October, 2024

Mid-Kansas Credit Union significantly impacts its community by providing essential financial services to its 4,154 members in Moundridge, Kansas. By focusing on mutual benefits, the credit union facilitates access to credit and other financial services that help members manage their finances more effectively. This commitment not only supports individual financial health but also contributes to the overall economic well-being of the community. Through responsible lending and personalized services, Mid-Kansas Credit Union fosters a sense of financial empowerment and stability among its members.




This information is meant to be a general summary of Mid-Kansas 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
$3,087,816 (2022)
Expenses
$2,861,464 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $208,612
  • Program Service Revenue: $2,879,204
  • Gross Receipts: $3,087,816

Assets and Liabilities:

  • Total Assets: $75,203,380
  • Total Liabilities: $70,147,862
  • Net Assets: $5,055,518

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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

$2,258,919

FEE INCOME

Revenue

$172,044

INTERCHANGE INCOME

Revenue

$268,804

ATM NON-MEMBER FEE INCOME

Revenue

$4,320

SAFE DEPOSIT BOX RENTAL

Revenue

$5,653

Organization Details

Founding Year

1947

Principal Officer

Gary Duerksen

Main Address

104 S Ave B PO Box 608, Moundridge, KS, 671070608

NTEE Category

Code: W60 - Public benefit

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