State Chartered Credit Union In Nc

Wnc Community Credit Union

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

EIN: 566045330 ✦ Waynesville, NC ✦ Designated as a 501(c)(14)

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Overview

What is State Chartered Credit Union In Nc?

State Chartered Credit Union in North Carolina, specifically WNC Community Credit Union, is dedicated to serving the communities of Haywood and Jackson counties. Their mission is to provide membership opportunities to individuals who reside or work within these areas, ensuring that their membership rights remain valid even if there's a change in employment or residence. This state-chartered credit union aims to enhance financial services for its members, fostering financial stability and well-being within the local population.


Official website here: www.wncccu.org

Is State Chartered Credit Union In Nc legitimate?

State Chartered Credit Union In Nc is a legitimate nonprofit organization registered as a 501(c)(14) entity. State Chartered Credit Union In Nc 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: $149,362
Professional Fundraising Fees: $0
Other Salaries and Wages: $476,959

For more financial information, click here


Official website here: www.wncccu.org

What is the mission statement of State Chartered Credit Union In Nc?

The State Chartered Credit Union in North Carolina, specifically WNC Community Credit Union, has a mission to serve individuals who either reside or work in Haywood and Jackson counties. Once an individual becomes an active member, their membership rights are guaranteed, even if there's a change in employment or residence. The credit union's mission is centered around providing ongoing service to its members, ensuring they maintain their membership rights regardless of any location changes.


Official website here: www.wncccu.org

Who is the CEO of State Chartered Credit Union In Nc?

William L Roberts is the Ceo of State Chartered Credit Union In Nc. The CEO's salary of State Chartered Credit Union In Nc is $91,552 and their total compensation is $92,597.


Official website here: www.wncccu.org

What is the revenue of State Chartered Credit Union In Nc?

State Chartered Credit Union In Nc's revenue in 2022 was $3,030,686.


Official website here: www.wncccu.org

Who are the executives of State Chartered Credit Union In Nc and what are their salaries?

The average compensation at State Chartered Credit Union In Nc during 2022 was $48,179. There are 13 employees at State Chartered Credit Union In Nc.


Here are 9 key members and their salaries (State Chartered Credit Union In Nc's CEO's salary is $91,552 and their total compensation is $92,597):


William L Roberts (Ceo)
  • Compensation: $91,552
  • Related: $0
  • Other: $1,045
Brenton Fisher (Cfo)
  • Compensation: $57,810
  • Related: $0
  • Other: $1,182
Bobby Capps (Bod Presiden)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Cogdill (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manuel Hooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Plemmons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Woody (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Wright (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wncccu.org

Where can I find the form 990 for State Chartered Credit Union In Nc?

State Chartered Credit Union In Nc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wncccu.org

Learn more at the official website: www.wncccu.org

Mission Statement of State Chartered Credit Union In Nc

WNC Community Credit Union, a state-chartered credit union, is committed to serving individuals who reside or work in Haywood and Jackson counties of North Carolina. This financial institution guarantees that once an individual becomes an active member, their membership rights will persist, regardless of any changes in employment or residence. The mission of WNC Community Credit Union is to provide financial services and support to its members, fostering financial stability and empowerment within the community. By ensuring membership rights remain constant, the credit union demonstrates its commitment to its members, regardless of their life's transitions.

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Impact




October, 2024

State Chartered Credit Union in NC, specifically WNC Community Credit Union, positively influences the community by providing financial services tailored to individuals living or working in Haywood and Jackson counties. Its mission focuses on accessibility and stability, ensuring that once members join, they retain their membership rights regardless of changes in employment or residence. This commitment fosters a sense of belonging and security for members, promoting financial well-being.

Additionally, the credit union supports local economic growth by facilitating loans and financial education, empowering members to make informed financial decisions. Its presence in the community also encourages the circulation of money within the local economy, which can lead to job creation and the fostering of local businesses. Overall, the State Chartered Credit Union in NC plays a crucial role in enhancing the financial health and stability of its community.




This information is meant to be a general summary of State Chartered Credit Union In Nc. 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
$3,030,686 (2022)
Expenses
$2,192,286 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $541,174
  • Program Service Revenue: $2,489,512
  • Gross Receipts: $3,030,686

Assets and Liabilities:

  • Total Assets: $101,482,184
  • Total Liabilities: $86,444,148
  • Net Assets: $15,038,036

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Programs

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

INTEREST ON MEMBER LOANS

Revenue

$1,968,691

FEE INCOME

Revenue

$520,821

Organization Details

Founding Year

1946

Principal Officer

William L Roberts

Main Address

PO BOX 1440, WAYNESVILLE, NC, 28786

NTEE Category

Code: W60 - Public benefit

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