Mcpherson Co-Op Credit Union

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

EIN: 486107405 ✦ Mcpherson, KS ✦ Designated as a 501(c)(14)

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Overview

What is Mcpherson Co-Op Credit Union?

McPherson Co-Op Credit Union is a nonprofit organization, serving a membership of 3,326 individuals. Their primary mission is to deliver top-notch financial services to their members, thereby enhancing their financial health, while simultaneously maintaining the financial stability of the credit union itself. Located in McPherson, Kansas, they operate with a team of 14 dedicated employees. Their activities are centered around providing financial and financially related services to their members, contributing to their financial well-being.


Official website here: www.mcphersoncu.com

Is Mcpherson Co-Op Credit Union legitimate?

Mcpherson Co-Op Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Mcpherson Co-Op 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: $115,161
Professional Fundraising Fees: $0
Other Salaries and Wages: $483,655

For more financial information, click here


Official website here: www.mcphersoncu.com

What is the mission statement of Mcpherson Co-Op Credit Union?

The McPherson Co-Op Credit Union's mission is centered around providing top-notch financial services to its members, with the aim of enhancing their financial well-being. Simultaneously, the credit union works diligently to maintain its own financial stability. This mission is reflected in its activities, which involve offering various financial and financially related services to a membership base of 3,326 individuals. By doing so, the credit union contributes to its members' financial security and stability.


Official website here: www.mcphersoncu.com

Who is the CEO of Mcpherson Co-Op Credit Union?

Brenda Kliewer is the Chairperson of Mcpherson Co-Op Credit Union. The CEO's salary of Mcpherson Co-Op Credit Union is $108,574 and their total compensation is $115,161.


Official website here: www.mcphersoncu.com

What is the revenue of Mcpherson Co-Op Credit Union?

Mcpherson Co-Op Credit Union's revenue in 2022 was $1,818,201.


Official website here: www.mcphersoncu.com

Who are the executives of Mcpherson Co-Op Credit Union and what are their salaries?

The average compensation at Mcpherson Co-Op Credit Union during 2022 was $42,773. There are 14 employees and 7 volunteers at Mcpherson Co-Op Credit Union.


Here are 5 key members and their salaries (Mcpherson Co-Op Credit Union's CEO's salary is $108,574 and their total compensation is $115,161):


Robert Deister (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Bontrager (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Audrey Miller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Kliewer (President/Ceo)
  • Compensation: $108,574
  • Related: $0
  • Other: $6,587


Official website here: www.mcphersoncu.com

Where can I find the form 990 for Mcpherson Co-Op Credit Union?

Mcpherson Co-Op Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mcphersoncu.com

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

Mission Statement of Mcpherson Co-Op Credit Union

McPherson Co-Op Credit Union is committed to delivering top-notch financial services to its members, aiming to enhance their financial prosperity while simultaneously safeguarding the financial stability of the credit union itself. This mission is twofold, prioritizing the interests of its members while ensuring the longevity and success of the financial institution. By providing a wide range of financial and financially related services, McPherson Co-Op Credit Union seeks to contribute positively to the financial well-being of its 3,326 members. Their goal is to foster a strong and reliable financial partner that members can depend on, ultimately bettering their financial lives.

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Impact




October, 2024

McPherson Co-Op Credit Union has a significant impact on the financial well-being of its 3,326 members in McPherson, Kansas. By offering high-quality financial services tailored to the needs of its members, the credit union enhances their overall financial health. This focus on member-centered service promotes financial stability and growth among individuals and families within the community.

The credit union's dedication to maintaining its financial strength ensures that it can continue to provide valuable resources and support to its members. Through a range of financial and financially related services, McPherson Co-Op Credit Union plays a crucial role in empowering its members, fostering a sense of community, and contributing to the economic resilience of the area.




This information is meant to be a general summary of Mcpherson Co-Op 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
$1,818,201 (2022)
Expenses
$1,775,159 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $39,785
  • Program Service Revenue: $1,773,347
  • Gross Receipts: $1,818,201

Assets and Liabilities:

  • Total Assets: $45,414,080
  • Total Liabilities: $42,186,303
  • Net Assets: $3,227,777

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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

$1,401,775

FEES & OTHER INCOME

Revenue

$371,172

WARRANTY SALES

Revenue

$400

Organization Details

Founding Year

1946

Principal Officer

Brenda Kliewer

Main Address

PO BOX 904, MCPHERSON, KS, 674600904

NTEE Category

Code: W60 - Public benefit

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