Overview
What is Wheat State Credit Union?
Wheat State Credit Union is a cooperative financial institution, committed to serving its 3,396 members by offering them fair and reasonable credit options. Currently, the credit union has 2,073 outstanding loans totaling $20,318,946. By operating as a financial cooperative, Wheat State Credit Union provides its members with a reliable source of financial services, aiming to support their financial well-being.
Official website here: www.wheatstatecu.com
Is Wheat State Credit Union legitimate?
Wheat State Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Wheat State 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: $113,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $515,629
For more financial information, click here
Official website here: www.wheatstatecu.com
What is the mission statement of Wheat State Credit Union?
Wheat State Credit Union operates as a cooperative financial institution, prioritizing its members by offering them credit at reasonable rates. With a current outstanding loan portfolio of $20,318,946, catering to 2,073 members, the credit union provides a range of financial services. Its mission is to serve its members by acting as a reliable source of credit, ensuring fair interest rates. This cooperative institution aims to enhance financial well-being within its member community.
Official website here: www.wheatstatecu.com
Who is the CEO of Wheat State Credit Union?
Doug Cheatum is the CEO of Wheat State Credit Union The CEO's salary of Wheat State Credit Union is $91,504 and their total compensation is $113,850.
Official website here: www.wheatstatecu.com
What is the revenue of Wheat State Credit Union?
Wheat State Credit Union's revenue in 2023 was $2,274,023.
Official website here: www.wheatstatecu.com
Who are the executives of Wheat State Credit Union and what are their salaries?
The average compensation at Wheat State Credit Union during 2023 was $44,963. There are 14 employees and 8 volunteers at Wheat State Credit Union.
Here are 7 key members and their salaries (Wheat State Credit Union's CEO's salary is $91,504 and their total compensation is $113,850):
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $91,504
- Related: $0
- Other: $22,346
Official website here: www.wheatstatecu.com
Where can I find the form 990 for Wheat State Credit Union?
Wheat State Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wheatstatecu.com
Learn more at the official website: www.wheatstatecu.com
Mission Statement of Wheat State Credit Union
Wheat State Credit Union, as a cooperative financial institution, is committed to serving its members by offering them a reliable source of credit at reasonable interest rates. With a membership base of 3,396 individuals, the credit union currently has 2,073 outstanding loans totaling $20,318,946. By providing these financial services, Wheat State Credit Union empowers its members to manage their finances effectively, fostering financial stability and independence.
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Impact
October, 2024
Wheat State Credit Union plays a significant role in the Wichita, Kansas community by providing access to fair and reasonable credit. With a portfolio of 2,073 outstanding loans totaling over $20 million, it supports the financial needs of its 3,396 members. This cooperative financial institution empowers individuals by offering essential financial services, fostering economic stability, and promoting responsible borrowing. By prioritizing member needs, Wheat State Credit Union enhances the overall well-being of its community, contributing to a more robust local economy and ensuring that members can pursue their financial goals with confidence.
This information is meant to be a general summary of Wheat State 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $102,876
- Program Service Revenue: $2,164,827
- Gross Receipts: $2,274,023
Assets and Liabilities:
- Total Assets: $24,510,704
- Total Liabilities: $22,231,234
- Net Assets: $2,279,470
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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
$1,464,406
FEES & OTHER INCOME
Revenue
$687,448
WARRANTY SALES
Revenue
$12,973
Organization Details
Founding Year
1963
Principal Officer
Doug Cheatum
Website
www.wheatstatecu.comNTEE Category
Code: W60 - Public benefit
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