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Fort Mcpherson Credit Union

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

EIN: 580551717 ✦ Atlanta, GA ✦ Designated as a 501(c)(14)

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Overview

What is Fort Mcpherson Credit Union?

Fort McPherson Credit Union is a state-chartered credit union, headquartered at 1732 Walker Avenue Southwest in Atlanta, Georgia (GA 30310). Serving as a financial institution, it provides various financial services such as loans and deposits to its members. With a dedicated workforce of six employees, Fort McPherson Credit Union is committed to catering to the financial needs of its members effectively.


Official website here: www.fmcu-ga.com

Is Fort Mcpherson Credit Union legitimate?

Fort Mcpherson Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Fort Mcpherson 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: $1,007,184
Professional Fundraising Fees: $0
Other Salaries and Wages: $236,162

For more financial information, click here


Official website here: www.fmcu-ga.com

What is the mission statement of Fort Mcpherson Credit Union?

Fort McPherson Credit Union is committed to serving its diverse membership by providing a range of financial services. This includes offering loans and managing deposits. The primary mission of the credit union is to cater to the financial needs of its members, ensuring they have access to essential financial services. By doing so, the credit union aims to contribute positively to the financial well-being of its members, enhancing their financial stability and prosperity.


Official website here: www.fmcu-ga.com

Who is the CEO of Fort Mcpherson Credit Union?

David A Preter is the Principal Officer of Fort Mcpherson Credit Union. The CEO's salary of Fort Mcpherson Credit Union is $508,686 and their total compensation is $524,984.


Official website here: www.fmcu-ga.com

What is the revenue of Fort Mcpherson Credit Union?

Fort Mcpherson Credit Union's revenue in 2021 was $746,651.


Official website here: www.fmcu-ga.com

Who are the executives of Fort Mcpherson Credit Union and what are their salaries?

The average compensation at Fort Mcpherson Credit Union during 2021 was $207,224. There are 6 employees and 5 volunteers at Fort Mcpherson Credit Union.


Here are 7 key members and their salaries (Fort Mcpherson Credit Union's CEO's salary is $508,686 and their total compensation is $524,984):


Amanda Osborne (Ceo/ Board Secretary)
  • Compensation: $508,686
  • Related: $0
  • Other: $16,298
Brenda Daniel-Gibson (Vice President/ Director)
  • Compensation: $466,801
  • Related: $0
  • Other: $15,399
Norman Labrecque (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Pitt (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy White (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hal Bergin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fmcu-ga.com

Where can I find the form 990 for Fort Mcpherson Credit Union?

Fort Mcpherson Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.fmcu-ga.com

Learn more at the official website: www.fmcu-ga.com

Mission Statement of Fort Mcpherson Credit Union

Fort McPherson Credit Union, as a state-chartered member-served credit union, is dedicated to providing financial services to its diverse membership base. Its mission encompasses offering a range of financial products and services, such as loans and deposits, to cater to the financial needs of its members. By doing so, the credit union aims to contribute positively to the financial well-being of its membership, thereby fostering financial stability and independence.

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Impact




October, 2024

Fort McPherson Credit Union plays a significant role in enhancing the financial well-being of its members in Atlanta, GA. As a state-chartered credit union, it provides essential financial services that include a variety of loan options and deposit accounts tailored to meet the unique needs of its diverse member base. By facilitating access to credit and savings, the credit union supports financial stability and growth among its members, contributing positively to the overall economy of the community. Its commitment to serving the public interest through accessible financial services underscores its impact on enhancing the quality of life for individuals and families in the area.




This information is meant to be a general summary of Fort Mcpherson 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
$746,651 (2021)
Expenses
$2,430,199 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $85,151
  • Program Service Revenue: $661,500
  • Gross Receipts: $746,651

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

LOAN INCOME

Revenue

$494,273

FEE INCOME

Revenue

$167,227

Organization Details

Founding Year

1948

Principal Officer

David A Preter

Main Address

1732 WALKER AVE SOUTHWEST, ATLANTA, GA, 30310

NTEE Category

Code: W60 - Public benefit

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