Mid Plains Credit Union

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

EIN: 486113953 ✦ Glasco, KS ✦ Designated as a 501(c)(14)

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Overview

What is Mid Plains Credit Union?

Mid Plains Credit Union is a financial institution, specifically a credit union, serving 278 members in Glasco, Kansas. Established with the goal of providing financial and related services, Mid Plains Credit Union operates with a mission to benefit its members. The members primarily include employees and retirees of certain companies, as well as residents and employees of Cloud and Ottawa counties. The credit union offers credit at fair and reasonable interest rates, aligning with its commitment to its members. With a small team of just two employees, Mid Plains Credit Union continues to provide financial services to its community, fostering financial well-being and mutual support among its members.

Is Mid Plains Credit Union legitimate?

Mid Plains Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Mid Plains 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: $20,880
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,498

For more financial information, click here

What is the mission statement of Mid Plains Credit Union?

Mid Plains Credit Union is dedicated to serving the financial needs of its members. Specifically, it provides financial and related services to 278 individuals, primarily being employees and retirees of certain companies and individuals residing or employed in specific counties, along with their families and affiliated organizations. The credit union's mission is to operate as a provider of financial services for mutual purposes, aiming to benefit its members by offering them necessary financial solutions.

Who is the CEO of Mid Plains Credit Union?

Irma K Ethridge is the Credit Union Manager of Mid Plains Credit Union.

What is the revenue of Mid Plains Credit Union?

Mid Plains Credit Union's revenue in 2022 was $77,523.

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

The average compensation at Mid Plains Credit Union during 2022 was $11,689. There are 2 employees and 11 volunteers at Mid Plains Credit Union.


Here are 6 key members and their salaries:


Irma K Ethridge (Credit Union Manager)
  • Compensation: $20,880
  • Related: $0
  • Other: $0
Justin A Rice (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krystal Richard (Vice-Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Darnall (Secretary Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue A Paillet (Treasurer Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Nelson (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mid Plains Credit Union?

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

Mission Statement of Mid Plains Credit Union

Mid Plains Credit Union, as a mission-driven organization, is dedicated to offering financial and related services to a specific group of individuals. This group comprises 278 members, primarily consisting of employees and retirees of Natural Gas Pipeline Company of America and KN Energy, along with their successors. Additionally, the credit union extends its services to employees and residents of USD 334 and USD 239 schools and their immediate families, as well as organizations associated with these individuals. The credit union's mission is to provide these financial services for mutual purposes, aiming to benefit its members and foster a sense of community.

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Impact




October, 2024

Mid Plains Credit Union plays a vital role in the financial well-being of its community in Glasco, KS. By providing accessible credit at fair and reasonable rates, it supports 278 members, which includes employees and retirees of the Natural Gas Pipeline Company of America and KN Energy, as well as local residents and their families.

The credit union's commitment to mutual benefit drives its mission to deliver essential financial services that cater to the specific needs of its members. This not only empowers individuals to achieve their financial goals but also strengthens the local economy by promoting financial literacy, stability, and growth within Cloud and Ottawa counties.

Mid Plains Credit Union exemplifies the essence of community-focused finance, ensuring that its members have the resources needed to thrive while fostering a strong sense of support and collaboration among its users.




This information is meant to be a general summary of Mid Plains 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
$77,523 (2022)
Expenses
$56,388 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,654
  • Program Service Revenue: $75,869
  • Gross Receipts: $77,523

Assets and Liabilities:

  • Total Assets: $1,547,766
  • Total Liabilities: $1,354,936
  • Net Assets: $192,830

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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

$74,626

Fee Income

Revenue

$362

Credit Life

Revenue

$881

Organization Details

Founding Year

1964

Principal Officer

Irma K Ethridge

Main Address

PO Box 615, Glasco, KS, 67445

NTEE Category

Code: W60 - Public benefit

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