Muddy River Credit Union

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

EIN: 486106586 ✦ Atchison, KS ✦ Designated as a 501(c)(14)

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Overview

What is Muddy River Credit Union?

Muddy River Credit Union, situated in Atchison, Kansas, is a nonprofit organization dedicated to providing financial and financially related services to its 728 members. Their mission is to offer top-notch financial services, thereby improving their members' financial well-being, all while maintaining the financial stability of the credit union itself. With a small team of two dedicated employees, Muddy River Credit Union works diligently to ensure the financial success of its members.

Is Muddy River Credit Union legitimate?

Muddy River Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Muddy River 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: $17,199
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,096

For more financial information, click here

What is the mission statement of Muddy River Credit Union?

Muddy River Credit Union's mission is centered around providing top-notch financial services to its members, aiming to enhance their financial well-being. This is done while maintaining the financial stability of the credit union itself. The organization's primary goal is to cater to the financial needs of its 728 members, offering a variety of financial and financially related services. The credit union strives to uphold its commitment to providing high-quality services, thereby contributing to the financial security of its members.

Who is the CEO of Muddy River Credit Union?

Michael Augustine Presid is the Principal Officer of Muddy River Credit Union.

What is the revenue of Muddy River Credit Union?

Muddy River Credit Union's revenue in 2021 was $163,928.

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

The average compensation at Muddy River Credit Union during 2021 was $25,648. There are 2 employees and 10 volunteers at Muddy River Credit Union.


Here are 5 key members and their salaries:


Rita Hartman (Manager / Secretary-Treasurer)
  • Compensation: $17,078
  • Related: $0
  • Other: $121
Charles Crossland (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Wilburn (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marguerite Hicks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Wilburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Muddy River Credit Union?

Muddy River Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Muddy River Credit Union

Muddy River Credit Union, a financial institution dedicated to its members, is committed to providing high-quality financial services. Its mission is twofold: firstly, to enhance the financial well-being of its members by offering them top-notch financial services. Secondly, the credit union strives to maintain its financial strength, ensuring that it can continue to serve its members effectively. By providing these services, Muddy River Credit Union aims to improve the financial lives of its 728 members.

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Impact




October, 2024

Muddy River Credit Union plays a significant role in enhancing the financial well-being of its 728 members in Atchison, Kansas, by delivering high-quality financial services. It focuses on providing a range of financial and financially related services that empower its members to achieve their financial goals. By prioritizing the needs of its members, Muddy River Credit Union helps improve financial literacy and accessibility within the community, ensuring individuals and families can make informed financial decisions. Its commitment to maintaining financial strength not only secures the credit union's stability but also fosters trust and confidence among its members, ultimately contributing to local economic growth and sustainability.




This information is meant to be a general summary of Muddy River 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
$163,928 (2021)
Expenses
$1,186,361 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $24,077
  • Program Service Revenue: $139,851
  • Gross Receipts: $163,928

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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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

$137,156

FEES & OTHER INCOME

Revenue

$2,695

Organization Details

Founding Year

1939

Principal Officer

Michael Augustine Presid

Main Address

315 SOUTH 4TH STREET, ATCHISON, KS, 660022841

NTEE Category

Code: W60 - Public benefit

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