Mid Carolina Credit Union

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

EIN: 570421351 ✦ Lugoff, SC ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Mid Carolina Credit Union?

Mid Carolina Credit Union is a state-chartered financial institution committed to providing an exceptional service experience for its members. They prioritize being a responsible community citizen, offering both financial and human support to local initiatives and credit union ventures. Their mission is centered around delivering top-notch financial services, ensuring each member receives the best possible experience. As a socially responsible entity, they actively contribute to their community's wellbeing.


Official website here: www.midcarolinacu.com

Is Mid Carolina Credit Union legitimate?

Mid Carolina Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Mid Carolina 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: $2,481,900

For more financial information, click here


Official website here: www.midcarolinacu.com

What is the mission statement of Mid Carolina Credit Union?

Mid Carolina Credit Union's mission is centered around delivering a superior financial service experience to each of its members. The credit union also emphasizes its role as a responsible community citizen, extending both financial and human support to local initiatives and credit union-related causes.


Official website here: www.midcarolinacu.com

Who is the CEO of Mid Carolina Credit Union?

David H Mooney is the CEO of Mid Carolina Credit Union The CEO's salary of Mid Carolina Credit Union is $161,360 and their total compensation is $172,547.


Official website here: www.midcarolinacu.com

What is the revenue of Mid Carolina Credit Union?

Mid Carolina Credit Union's revenue in 2023 was $9,557,257.


Official website here: www.midcarolinacu.com

Who are the executives of Mid Carolina Credit Union and what are their salaries?

The average compensation at Mid Carolina Credit Union during 2023 was $45,125. There are 55 employees at Mid Carolina Credit Union.

Here are 13 key members and their salaries (Mid Carolina Credit Union's CEO's salary is $161,360 and their total compensation is $172,547):


David H Mooney (Ceo)
  • Compensation: $161,360
  • Related: $0
  • Other: $11,187
Dean Scarborough (Vp Of Lendin)
  • Compensation: $120,688
  • Related: $0
  • Other: $11,814
Michael Jensen (Vp Of It)
  • Compensation: $111,460
  • Related: $0
  • Other: $15,439
Jennifer Cauthen (Vp Of Financ)
  • Compensation: $118,851
  • Related: $0
  • Other: $5,098
Dennis Arledge (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda G Carter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Colvin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Hanks (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chalmers Eugene Hornsby (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Jones (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Murphy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Nettles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Swann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.midcarolinacu.com

Where can I find the form 990 for Mid Carolina Credit Union?

Mid Carolina Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.midcarolinacu.com

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

Mission Statement of Mid Carolina Credit Union

Mid Carolina Credit Union, as a state-chartered credit union, is committed to providing a top-notch financial service experience for each of its members. This commitment extends beyond just financial services, as the institution also strives to be a socially responsible member of its community. Mid Carolina Credit Union demonstrates its commitment to community by offering financial and human support to local and credit union endeavors. This approach allows the credit union to contribute positively to its community while ensuring its members receive the best possible service.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Mid Carolina Credit Union significantly impacts its community by providing quality financial services tailored to the needs of its members. Based in Lugoff, SC, the credit union emphasizes socially responsible practices, ensuring that it contributes positively not only through financial products but also through active engagement in local initiatives.

By prioritizing member experience, Mid Carolina Credit Union fosters a supportive environment that encourages financial literacy and empowerment. Its commitment to human and financial support for community endeavors further strengthens local ties, promoting economic growth and stability. The credit union's operations serve as a model for how financial institutions can be a driving force for public benefit, enhancing the overall well-being of the communities they serve.




This information is meant to be a general summary of Mid Carolina 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
$9,557,257 (2023)
Expenses
$8,396,539 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,150,797
  • Program Service Revenue: $8,406,460
  • Gross Receipts: $9,557,257

Assets and Liabilities:

  • Total Assets: $167,193,089
  • Total Liabilities: $153,162,143
  • Net Assets: $14,030,946

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

INTEREST ON LOANS

Revenue

$5,507,064

FEE INCOME

Revenue

$2,372,143

MISCELLANEOUS INCOME

Revenue

$297,719

VISA INTEREST

Revenue

$229,534

Organization Details

Founding Year

1961

Principal Officer

David H Mooney

NTEE Category

Code: W60 - Public benefit

If you are a representative of Mid Carolina Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.