Overview
What is Dixie Craft Employees Credit Union?
Dixie Craft Employees Credit Union is a nonprofit organization located in Sylacauga, Alabama. With a membership base of 580 individuals, their primary mission is to facilitate thrift opportunities and offer affordable loans to its members. They operate with a small team of one employee, committed to serving their members effectively.
Is Dixie Craft Employees Credit Union legitimate?
Dixie Craft Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Dixie Craft Employees 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: $46,138
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Dixie Craft Employees Credit Union?
Dixie Craft Employees Credit Union is committed to providing its members with thrift opportunities and affordable loans. This mission is the driving force behind their activities, aiming to cater to the financial needs of their 580 members effectively. By offering low-cost loan options, the credit union seeks to promote financial well-being and accessibility for its members, thereby contributing positively to their financial lives.
Who is the CEO of Dixie Craft Employees Credit Union?
Jamie Elliott is the Chairperson of Dixie Craft Employees Credit Union.
What is the revenue of Dixie Craft Employees Credit Union?
Dixie Craft Employees Credit Union's revenue in 2022 was $45,466.
Who are the executives of Dixie Craft Employees Credit Union and what are their salaries?
The average compensation at Dixie Craft Employees Credit Union during 2022 was $46,138. There is 1 employee and 9 volunteers at Dixie Craft Employees Credit Union.
Here are 8 key members and their salaries:
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- Compensation: $42,666
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- Other: $7,497
Where can I find the form 990 for Dixie Craft Employees Credit Union?
Dixie Craft Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dixie Craft Employees Credit Union
Dixie Craft Employees Credit Union is dedicated to providing thrift opportunities and offering affordable loans to its members. This mission is at the heart of the organization's activities, aiming to empower its members financially. With a membership base of 580 individuals, the credit union is committed to promoting thrift and making credit accessible at reasonable rates. This approach not only benefits the members directly but also contributes to financial stability and well-being within the community.
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Impact
October, 2024
Dixie Craft Employees Credit Union significantly enhances the financial well-being of its 580 members in Sylacauga, Alabama, by providing accessible thrift opportunities and low-cost loans. By offering these financial services, the credit union promotes responsible saving habits and alleviates the burden of high-interest loans, which can lead to financial stability and empowerment. The focus on thrift encourages members to build savings, which is vital for achieving personal financial goals, while low-cost loans make it easier for members to obtain necessary funds without incurring crippling debt. This local initiative positively impacts the community, fostering economic growth and supporting the financial health of its members.
This information is meant to be a general summary of Dixie Craft Employees 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 2022.
- Investment Income: $5,236
- Program Service Revenue: $22,936
- Gross Receipts: $45,466
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.
LOAN INTEREST INCOME
Revenue
$22,936
Organization Details
Founding Year
1974
Phone
(256) 401-1220Principal Officer
Jamie Elliott
Main Address
PO BOX 128, SYLACAUGA, AL, 35150
NTEE Category
Code: W60 - Public benefit
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