Weyco Community Credit Union

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

EIN: 560709417 ✦ Plymouth, NC ✦ Designated as a 501(c)(14)

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Overview

What is Weyco Community Credit Union?

Weyco Community Credit Union is a nonprofit organization situated in Plymouth, North Carolina. Their primary focus is on delivering financial services solely to their credit union members. The credit union's mission is to provide personal financial solutions, ensuring that its members have access to essential banking services. With a team of 23 dedicated individuals, Weyco Community Credit Union works diligently to cater to the financial needs of its members, contributing to their financial well-being.


Official website here: www.weycocreditunion.com

Is Weyco Community Credit Union legitimate?

Weyco Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Weyco Community 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: $140,788
Professional Fundraising Fees: $0
Other Salaries and Wages: $800,250

For more financial information, click here


Official website here: www.weycocreditunion.com

What is the mission statement of Weyco Community Credit Union?

Weyco Community Credit Union is committed to delivering financial services exclusively to its members. Their mission, as a credit union, is to offer personal financial solutions to its members. This financial institution prioritizes serving its members, providing them with various financial services. The credit union's mission is centered around providing exclusive financial assistance to its members, ensuring they have access to necessary financial services.


Official website here: www.weycocreditunion.com

Who is the CEO of Weyco Community Credit Union?

Eli H Roberson Iv is the Ceo of Weyco Community Credit Union. The CEO's salary of Weyco Community Credit Union is $140,788 and their total compensation is $140,788.


Official website here: www.weycocreditunion.com

What is the revenue of Weyco Community Credit Union?

Weyco Community Credit Union's revenue in 2022 was $3,041,923.


Official website here: www.weycocreditunion.com

Who are the executives of Weyco Community Credit Union and what are their salaries?

The average compensation at Weyco Community Credit Union during 2022 was $40,915. There are 23 employees and 9 volunteers at Weyco Community Credit Union.


Here are 10 key members and their salaries (Weyco Community Credit Union's CEO's salary is $140,788 and their total compensation is $140,788):


Eli H Roberson Iv (Ceo)
  • Compensation: $140,788
  • Related: $0
  • Other: $0
Hal D Beasley Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dalton L Waters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack B Horton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy L Rodgerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brantley A West (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy P Gurganus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John W Gray Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kari Cahoon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.weycocreditunion.com

Where can I find the form 990 for Weyco Community Credit Union?

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


Official website here: www.weycocreditunion.com

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

Mission Statement of Weyco Community Credit Union

Weyco Community Credit Union, as its mission states, is dedicated to providing personal financial services exclusively to its members. This credit union operates with a commitment to its members, ensuring they have access to various financial services. The organization's primary focus is on meeting the financial needs of its members, offering them a range of services that cater to their needs. Weyco Community Credit Union serves as a financial partner to its members, working towards their financial well-being.

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Impact




October, 2024

Weyco Community Credit Union plays a significant role in enhancing the financial well-being of its members in Plymouth, NC. By providing tailored financial services exclusively to its members, the credit union fosters a sense of community and trust. Its focused mission revolves around offering personal financial solutions that cater to the unique needs of individuals, which helps empower members to achieve their financial goals. The credit union’s activities not only promote financial literacy but also support local economic growth by ensuring that its resources are reinvested within the community. The commitment to public benefit underscores the credit union's dedication to serving its members, ultimately leading to improved financial stability and prosperity for the community as a whole.




This information is meant to be a general summary of Weyco Community 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
$3,041,923 (2022)
Expenses
$2,852,889 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $504,976
  • Program Service Revenue: $2,318,022
  • Gross Receipts: $3,041,923

Assets and Liabilities:

  • Total Assets: $89,836,294
  • Total Liabilities: $79,640,933
  • Net Assets: $10,195,361

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INCOME

Revenue

$1,818,681

FEE INCOME

Revenue

$74,216

CARD INCOME

Revenue

$380,761

INSURANCE INCOME

Revenue

$21,011

MORTGAGE INCOME

Revenue

$23,353

Organization Details

Founding Year

1959

Principal Officer

Eli H Roberson Iv

Main Address

PO BOX 69, PLYMOUTH, NC, 27962

NTEE Category

Code: W60 - Public benefit

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