Tri County Credit Union

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

EIN: 480673116 ✦ Grinnell, KS ✦ Designated as a 501(c)(14)

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Overview

What is Tri County Credit Union?

Tri County Credit Union is a member-owned financial cooperative, headquartered with a mission to foster savings among its members and provide them with affordable loans. The credit union prioritizes delivering friendly, courteous, and professional services to its members, ensuring they receive loans and savings opportunities at reasonable rates. This community-focused financial institution is dedicated to enhancing its members' financial well-being.

Is Tri County Credit Union legitimate?

Tri County Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Tri County 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: $37,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Tri County Credit Union?

Tri County Credit Union, as a member-owned financial cooperative, is committed to fostering savings habits among its members. The credit union aims to provide its members with a positive banking experience, offering friendly, courteous, and professional services. Additionally, Tri County Credit Union is dedicated to offering its members loans and savings options at reasonable rates. This financial institution seeks to promote financial well-being within its membership base.

Who is the CEO of Tri County Credit Union?

Tri County Credit Union is the Principal Officer of Tri County Credit Union.

What is the revenue of Tri County Credit Union?

Tri County Credit Union's revenue in 2022 was $116,424.

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

The average compensation at Tri County Credit Union during 2022 was $18,950. There are 2 employees at Tri County Credit Union.


Here are 7 key members and their salaries:


Ilene Beckman (Manager)
  • Compensation: $36,000
  • Related: $0
  • Other: $0
Marcie Wolf (Bookkeeper)
  • Compensation: $1,899
  • Related: $0
  • Other: $0
Raymond Schroeder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Goetz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Moeder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Gormley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Morris (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tri County Credit Union?

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

Mission Statement of Tri County Credit Union

Tri County Credit Union, as a member-owned financial cooperative, is dedicated to promoting financial prudence among its members. Its mission is multifaceted, encompassing three key aspects. Firstly, the credit union aims to offer its members affordable loans and savings opportunities at reasonable rates. Secondly, it strives to provide its members with exceptional customer service, ensuring that interactions are friendly, courteous, and professional. Lastly, Tri County Credit Union is committed to serving its members effectively, ensuring that they have access to the financial resources they need to manage their finances effectively. In essence, the credit union's mission is to foster financial well-being among its members, providing them with the tools and services they need to achieve financial stability and prosperity.

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Impact




October, 2024

Tri County Credit Union significantly impacts its community by fostering financial well-being among its members. As a member-owned financial cooperative based in Grinnell, Kansas, it prioritizes the needs of its members by promoting thrift and encouraging responsible financial habits. Through its commitment to providing friendly, courteous, and professional services, the credit union ensures that members have access to resources that support their financial goals.

Offering reasonable rates on loans and savings, Tri County Credit Union empowers individuals and families to make sound financial decisions. This approach not only helps members achieve personal financial stability but also contributes to the overall economic health of the community. By prioritizing member satisfaction and engagement, Tri County Credit Union plays a vital role in enhancing the quality of life for those it serves.




This information is meant to be a general summary of Tri County 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
$116,424 (2022)
Expenses
$98,003 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $45,764
  • Program Service Revenue: $70,660
  • Gross Receipts: $116,424

Assets and Liabilities:

  • Total Assets: $5,773,724
  • Total Liabilities: $4,929,566
  • Net Assets: $844,158

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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

$67,306

Fee Income

Revenue

$2,007

Organization Details

Founding Year

1960

Principal Officer

Tri County Credit Union

Main Address

PO Box 55 107 S Adams, Grinnell, KS, 67738

NTEE Category

Code: W60 - Public benefit

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