Overview
What is Palmetto Health Credit Union?
Palmetto Health Credit Union is a state-based financial institution, functioning as a nonprofit organization. Its primary role involves offering affordable loan options to its members and accepting deposits, ensuring favorable interest rates are provided on these deposits. This state-chartered credit union serves its members effectively, aiming to enhance their financial well-being.
Official website here: www.palmettohealthcu.org
Is Palmetto Health Credit Union legitimate?
Palmetto Health Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Palmetto Health 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: $1,394,591
For more financial information, click here
Official website here: www.palmettohealthcu.org
What is the mission statement of Palmetto Health Credit Union?
Palmetto Health Credit Union, as a state-chartered credit union, is committed to serving its members by providing loans at reasonable rates and accepting deposits, offering favorable interest rates in return. The credit union's mission is centered around its members, aiming to assist them financially through its loan provisions and deposit services. The credit union's operations are guided by its commitment to offering competitive interest rates, thereby benefiting its members financially.
Official website here: www.palmettohealthcu.org
Who is the CEO of Palmetto Health Credit Union?
Hansel Hart is the Ceo of Palmetto Health Credit Union. The CEO's salary of Palmetto Health Credit Union is $217,964 and their total compensation is $226,605.
Official website here: www.palmettohealthcu.org
What is the revenue of Palmetto Health Credit Union?
Palmetto Health Credit Union's revenue in 2022 was $5,892,737.
Official website here: www.palmettohealthcu.org
Who are the executives of Palmetto Health Credit Union and what are their salaries?
The average compensation at Palmetto Health Credit Union during 2022 was $66,409. There are 21 employees at Palmetto Health Credit Union.
Here are 10 key members and their salaries (Palmetto Health Credit Union's CEO's salary is $217,964 and their total compensation is $226,605):
- Compensation: $217,964
- Related: $0
- Other: $8,641
- 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.palmettohealthcu.org
Where can I find the form 990 for Palmetto Health Credit Union?
Palmetto Health Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.palmettohealthcu.org
Learn more at the official website: www.palmettohealthcu.org
Mission Statement of Palmetto Health Credit Union
Palmetto Health Credit Union, as a state-chartered credit union, is dedicated to serving its members by offering loan provisions at reasonable rates. This nonprofit organization goes beyond mere financial services, as it also accepts deposits from its members and provides them with favorable interest rates on these deposits. By doing so, Palmetto Health Credit Union aims to support its members financially, ensuring they have the resources they need to meet their financial obligations. The credit union's mission is centered around providing affordable loan options and competitive interest rates on deposits, thereby promoting financial well-being for its members.
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Impact
October, 2024
Palmetto Health Credit Union plays a significant role in the financial well-being of its members in Columbia, South Carolina. By offering loan provisions at reasonable rates, it empowers individuals to pursue their personal and professional goals, whether that involves buying a home, financing education, or managing unexpected expenses. Additionally, the credit union accepts deposits, providing members with favorable interest rates that help them grow their savings over time.
The institution’s focus on serving its community underlines its commitment to public benefit, fostering financial stability and accessibility for its members. By operating as a state-chartered credit union, Palmetto Health Credit Union not only supports local needs but also contributes to building a more financially literate and empowered community.
This information is meant to be a general summary of Palmetto Health 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: $726,925
- Program Service Revenue: $5,040,329
- Gross Receipts: $5,892,737
Assets and Liabilities:
- Total Assets: $92,583,890
- Total Liabilities: $78,165,661
- Net Assets: $14,418,229
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INT ON LOANS
Revenue
$2,309,907
FEE INC
Revenue
$1,605,332
OTHER OPERATING INCOME
Revenue
$1,125,090
Organization Details
Founding Year
1964
Phone
(803) 978-2101Principal Officer
Hansel Hart
Main Address
POST OFFICE BOX 100167, COLUMBIA, SC, 29202
Website
www.palmettohealthcu.orgNTEE Category
Code: W60 - Public benefit
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