Crossroads Credit Union

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

EIN: 480624933 ✦ Goessel, KS ✦ Designated as a 501(c)(14)

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Overview

What is Crossroads Credit Union?

Crossroads Credit Union is a community-focused financial institution, dedicated to serving its members with non-profit intentions. Its primary mission is to offer financial services with the aim of mutual benefit. Members can avail themselves of various protection programs, such as credit life, disability, GAP, and warranty loan protection, all at reasonable prices. Additionally, Crossroads Credit Union provides members with access to credit at fair interest rates, acting as a reliable financial resource.


Official website here: www.crossroadscreditunion.com

Is Crossroads Credit Union legitimate?

Crossroads Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Crossroads 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: $68,898
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,915

For more financial information, click here


Official website here: www.crossroadscreditunion.com

What is the mission statement of Crossroads Credit Union?

Crossroads Credit Union, as a financial institution, operates with a mission focused on mutual benefit. Its primary goal is to provide financial services without profit as the driving force. Members of the credit union can take advantage of various protection programs such as credit life, credit disability, GAP, and warranty loan protection at affordable rates. Furthermore, Crossroads Credit Union offers credit at reasonable interest rates to its members, serving as a reliable source of financing.


Official website here: www.crossroadscreditunion.com

Who is the CEO of Crossroads Credit Union?

Unavailable


Official website here: www.crossroadscreditunion.com

What is the revenue of Crossroads Credit Union?

Crossroads Credit Union's revenue in 2022 was $421,994.


Official website here: www.crossroadscreditunion.com

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

The average compensation at Crossroads Credit Union during 2022 was $38,938. There are 3 employees and 11 volunteers at Crossroads Credit Union.


Here are 6 key members and their salaries:


Kelly Schrag (Manager)
  • Compensation: $52,000
  • Related: $0
  • Other: $16,898
Zane Unrau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Klassen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie Graber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billie Goossen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Heck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.crossroadscreditunion.com

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

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


Official website here: www.crossroadscreditunion.com

Learn more at the official website: www.crossroadscreditunion.com

Mission Statement of Crossroads Credit Union

Crossroads Credit Union, as a not-for-profit organization, is dedicated to serving its members by providing them with financial services. At the heart of its mission is the goal of operating without profit, aiming to benefit its members in various ways. Crossroads Credit Union offers a range of options, including credit life and disability coverage, and GAP and warranty loan protection programs, all at reasonable rates. Furthermore, it serves as a source of credit for its members, providing them with loans at fair interest rates. This mission of Crossroads Credit Union is centered on fostering financial well-being for its members, ensuring they have the necessary financial tools to navigate their lives effectively.

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Impact




October, 2024

Crossroads Credit Union plays a vital role in the financial landscape of Goessel, KS, by offering a range of financial services designed to benefit its members. With a focus on mutual purposes, the credit union provides essential services, prioritizing members' needs over profit.

Members of Crossroads Credit Union can access various protective programs, including credit life and credit disability options, ensuring that they are safeguarded against unforeseen circumstances. Additionally, the credit union offers GAP and warranty loan protection programs, allowing members peace of mind when it comes to their financial investments.

By providing these services at reasonable rates and offering credit options with fair interest rates, Crossroads Credit Union empowers its members to make informed financial decisions. This commitment to equitable financial practices fosters a strong sense of community and support, enhancing the overall economic well-being of its members and the local area. Through its mission, Crossroads Credit Union not only addresses immediate financial needs but also contributes to the long-term financial health and stability of its community.




This information is meant to be a general summary of Crossroads 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
$421,994 (2022)
Expenses
$292,515 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $44,726
  • Program Service Revenue: $377,268
  • Gross Receipts: $421,994

Assets and Liabilities:

  • Total Assets: $12,192,994
  • Total Liabilities: $10,371,418
  • Net Assets: $1,821,576

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

interest income

Revenue

$331,098

fee income

Revenue

$10,557

debit card processing

Revenue

$26,564

credit life/credit disability/mortgage

Revenue

$3,409

gap/warranty

Revenue

$5,640

Organization Details

Founding Year

1950

Main Address

217 e main po box 67, goessel, KS, 67053

NTEE Category

Code: W60 - Public benefit

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