Overview
What is Georgetown Kraft Credit Union?
Georgetown Kraft Credit Union is a community-based, member-owned financial cooperative, holding a state charter. It is dedicated to serving the residents of Georgetown and Williamsburg Counties in South Carolina, offering a comprehensive range of financial solutions. As a state-chartered credit union, it operates with a mission to provide its members with full-service financial assistance.
Official website here: www.georgetownkraftcu.com
Is Georgetown Kraft Credit Union legitimate?
Georgetown Kraft Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Georgetown Kraft 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,355,161
For more financial information, click here
Official website here: www.georgetownkraftcu.com
What is the mission statement of Georgetown Kraft Credit Union?
Georgetown Kraft Credit Union operates as a Community-chartered member-owned financial cooperative, providing comprehensive financial solutions. Its mission is to serve its members in Georgetown and Williamsburg Counties, South Carolina, by offering a variety of full-service financial options. In essence, Georgetown Kraft Credit Union aims to support its members financially, acting as a cooperative entity that prioritizes its members' needs and interests.
Official website here: www.georgetownkraftcu.com
Who is the CEO of Georgetown Kraft Credit Union?
Kevin Owens is the Ceo of Georgetown Kraft Credit Union. The CEO's salary of Georgetown Kraft Credit Union is $209,912 and their total compensation is $307,924.
Official website here: www.georgetownkraftcu.com
What is the revenue of Georgetown Kraft Credit Union?
Georgetown Kraft Credit Union's revenue in 2022 was $11,725,184.
Official website here: www.georgetownkraftcu.com
Who are the executives of Georgetown Kraft Credit Union and what are their salaries?
The average compensation at Georgetown Kraft Credit Union during 2022 was $39,942. There are 84 employees at Georgetown Kraft Credit Union.
Here are 12 key members and their salaries (Georgetown Kraft Credit Union's CEO's salary is $209,912 and their total compensation is $307,924):
- Compensation: $209,912
- Related: $0
- Other: $98,012
- Compensation: $143,480
- Related: $0
- Other: $69,980
- Compensation: $102,828
- Related: $0
- Other: $18,826
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.georgetownkraftcu.com
Where can I find the form 990 for Georgetown Kraft Credit Union?
Georgetown Kraft Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.georgetownkraftcu.com
Learn more at the official website: www.georgetownkraftcu.com
Mission Statement of Georgetown Kraft Credit Union
Georgetown Kraft Credit Union, as a community-chartered member-owned financial cooperative, serves the residents of Georgetown and Williamsburg Counties in South Carolina. Its mission is to provide a comprehensive range of financial solutions to its members. This nonprofit organization operates as a financial cooperative, meaning it is owned and controlled by its members, who collectively benefit from its services. Georgetown Kraft Credit Union offers full-service financial solutions, ensuring its members have access to various financial products and services to meet their financial needs.
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Impact
October, 2024
Georgetown Kraft Credit Union significantly enhances the financial landscape of Georgetown and Williamsburg Counties in South Carolina through its community-centered approach. By acting as a member-owned financial cooperative, it ensures that the financial interests of its members are prioritized.
The credit union provides a wide range of full-service financial solutions, empowering residents with access to essential banking services that promote financial literacy and stability. This support can lead to improved economic conditions within the community, as members can better manage their finances, save for the future, and secure loans for homes or businesses.
Moreover, the credit union’s commitment to serving its local population fosters a sense of community and cooperation, as profits are reinvested into the community rather than distributed to external shareholders. This model not only strengthens economic ties but also encourages social responsibility among its members, ultimately contributing to the overall well-being and financial health of Georgetown and Williamsburg Counties.
This information is meant to be a general summary of Georgetown Kraft 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: $761,938
- Program Service Revenue: $10,963,246
- Gross Receipts: $11,725,184
Assets and Liabilities:
- Total Assets: $177,035,984
- Total Liabilities: $155,418,691
- Net Assets: $21,617,293
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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
$6,103,068
FEE INCOME
Revenue
$3,827,313
OTHER OPERATING INCOME
Revenue
$1,032,865
Organization Details
Founding Year
1952
Phone
(843) 436-6316Principal Officer
Kevin Owens
Main Address
1379 NORTH FRASER STREET, GEORGETOWN, SC, 29440
Website
www.georgetownkraftcu.comNTEE Category
Code: W60 - Public benefit
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