Credit Unions Chartered In The State Of Wv

Local 317 Iaff Credit Union

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

EIN: 556021650 ✦ Charleston, WV ✦ Designated as a 501(c)(14)

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Overview

What is Credit Unions Chartered In The State Of Wv?

Credit Unions Chartered in West Virginia, as the information suggests, is a nonprofit organization that primarily serves its members. Their primary mission is to provide a reasonable dividend from their shares and offer an opportunity for members to meet their family's needs that might be otherwise challenging if they relied on a bank. This is achieved through their credit union activities. The organization operates under the charter of the state of West Virginia. The focus is on empowering members financially, ensuring they have the means to fulfill their family's necessities.

Is Credit Unions Chartered In The State Of Wv legitimate?

Credit Unions Chartered In The State Of Wv is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Wv 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: $21,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Credit Unions Chartered In The State Of Wv?

Credit Unions Chartered in the State of Wv's mission is centered around providing financial benefits to its members. The primary objective is to offer a reasonable dividend from their shares. Further, these credit unions aim to provide an opportunity for their members to meet their family's needs that might otherwise be inaccessible if they were solely reliant on banking institutions.

Who is the CEO of Credit Unions Chartered In The State Of Wv?

William Gill is the Treasurer of Credit Unions Chartered In The State Of Wv.

What is the revenue of Credit Unions Chartered In The State Of Wv?

Credit Unions Chartered In The State Of Wv's revenue in 2022 was $272,809.

Who are the executives of Credit Unions Chartered In The State Of Wv and what are their salaries?

The average compensation at Credit Unions Chartered In The State Of Wv during 2022 was $21,200. There is 1 employee at Credit Unions Chartered In The State Of Wv.


Here are 10 key members and their salaries:


William Gill (Treasurer)
  • Compensation: $18,000
  • Related: $0
  • Other: $0
Charles Green (Second Chair)
  • Compensation: $3,200
  • Related: $0
  • Other: $0
Michael Breedlove (Supervisory Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan M Carter (Supervisory Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger L Huntley (Supervisory Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Shaffer (Supervisory Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Woods (Supervisory Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myron Boggess (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Cottrell (First Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Jones (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Credit Unions Chartered In The State Of Wv?

Credit Unions Chartered In The State Of Wv's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Credit Unions Chartered In The State Of Wv

Credit Unions Chartered In The State Of Wv, as a nonprofit organization, is committed to fulfilling two primary objectives. Their primary mission is to offer their members a reasonable dividend from their shares, serving as a financial return. Beyond this, Credit Unions Chartered In The State Of Wv strives to provide its members with an opportunity that they might not otherwise have. This opportunity allows them to meet the necessities for their families that could potentially be out of reach if they were dependent on a traditional bank. The organization's mission is all about empowering its members to enhance their family's well-being by offering financial assistance that banks might not provide.

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Impact




October, 2024

Credit Unions Chartered In The State Of WV significantly enhances the financial well-being of its members by offering competitive dividends on shared deposits. This initiative allows members to accumulate savings more effectively, which can be pivotal for families seeking financial stability. By providing accessible financial services, these credit unions enable individuals to meet essential needs that might otherwise be unattainable through traditional banking institutions.

The organization's mission focuses on fostering a supportive community where members can achieve their financial goals, empowering them to invest in their families' futures. By prioritizing reasonable returns and community engagement, Credit Unions Chartered In The State Of WV plays a vital role in promoting economic resilience and enhancing the quality of life for its members in Charleston and beyond.




This information is meant to be a general summary of Credit Unions Chartered In The State Of Wv. 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
$272,809 (2022)
Expenses
$268,610 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32,611
  • Program Service Revenue: $239,963
  • Gross Receipts: $272,809

Assets and Liabilities:

  • Total Assets: $9,241,159
  • Total Liabilities: $6,349
  • Net Assets: $9,234,810

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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

$239,963

Organization Details

Founding Year

1939

Principal Officer

William Gill

Main Address

205 A Tennessee Avenue, Charleston, WV, 25302

NTEE Category

Code: W60 - Public benefit

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