Marshland Credit Union

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

EIN: 580872500 ✦ Brunswick, GA ✦ Designated as a 501(c)(14)

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Overview

What is Marshland Credit Union?

Marshland Credit Union is a community-focused financial institution based in Brunswick, Georgia. With a postal address at PO Box 1957, this credit union offers a range of loan services to its approximately 18,076 members. Its primary mission is to provide financial assistance, encompassing loans, savings, and various other financial services. The credit union, currently employing 71 individuals, is dedicated to serving its local community and supporting the financial needs of its members.


Official website here: www.marshlandcu.com

Is Marshland Credit Union legitimate?

Marshland Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Marshland 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: $3,468,335

For more financial information, click here


Official website here: www.marshlandcu.com

What is the mission statement of Marshland Credit Union?

Marshland Credit Union is dedicated to serving its approximately 18,076 members by providing a range of financial services, including loans and savings options. Their mission is to offer these services with the aim of meeting the financial needs of their members. The credit union's activities primarily focus on offering loan services to its members.


Official website here: www.marshlandcu.com

Who is the CEO of Marshland Credit Union?

Mary Jenrette is the Pres/Ceo/Bod of Marshland Credit Union. The CEO's salary of Marshland Credit Union is $222,377 and their total compensation is $269,399.


Official website here: www.marshlandcu.com

What is the revenue of Marshland Credit Union?

Marshland Credit Union's revenue in 2022 was $10,375,545.


Official website here: www.marshlandcu.com

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

The average compensation at Marshland Credit Union during 2022 was $48,850. There are 71 employees and 7 volunteers at Marshland Credit Union.


Here are 10 key members and their salaries (Marshland Credit Union's CEO's salary is $222,377 and their total compensation is $269,399):


Mary Jenrette (Pres/Ceo/Bod)
  • Compensation: $222,377
  • Related: $0
  • Other: $47,022
Charlie Lovering (Vp/Coo)
  • Compensation: $175,400
  • Related: $0
  • Other: $24,570
Millie Ray (Cfo)
  • Compensation: $147,482
  • Related: $0
  • Other: $22,328
Jim Andersen (Bod Vice Cha)
  • Compensation: $250
  • Related: $0
  • Other: $0
Delria Baisden (Board Mem)
  • Compensation: $250
  • Related: $0
  • Other: $0
Kathy Grace (Bod Treas/Sc)
  • Compensation: $250
  • Related: $0
  • Other: $0
Paul Mckenzie (Board Chairm)
  • Compensation: $250
  • Related: $0
  • Other: $0
Alan Volskay (Board Mem)
  • Compensation: $250
  • Related: $0
  • Other: $0
Shannon Webb (Board Mem)
  • Compensation: $250
  • Related: $0
  • Other: $0
John Catron (Board Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.marshlandcu.com

Where can I find the form 990 for Marshland Credit Union?

Marshland Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.marshlandcu.com

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

Mission Statement of Marshland Credit Union

Marshland Credit Union, as a credit union, is dedicated to providing financial services for its approximately 18,076 members. This mission encompasses offering a range of services, primarily loans and savings, to cater to the financial needs of its members. The credit union's activities are centered around this mission, aiming to serve its members effectively.

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Impact




October, 2024

Marshland Credit Union significantly impacts its community by offering a range of financial services tailored to its members. Serving approximately 18,076 individuals, the credit union provides essential loan services, savings options, and various financial products designed to meet members' needs. By enabling access to affordable credit and promoting financial stability, Marshland Credit Union plays a crucial role in enhancing the economic well-being of its members in Brunswick, GA. Its commitment to supporting the financial goals of the community fosters a sense of belonging and encourages responsible financial practices among its members.




This information is meant to be a general summary of Marshland 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
$10,375,545 (2022)
Expenses
$10,001,804 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,299,095
  • Program Service Revenue: $7,565,843
  • Gross Receipts: $10,375,545

Assets and Liabilities:

  • Total Assets: $202,763,566
  • Total Liabilities: $189,253,469
  • Net Assets: $13,510,097

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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

$5,445,321

FEE INCOME

Revenue

$2,120,522

Organization Details

Founding Year

1953

Principal Officer

Mary Jenrette

Main Address

PO BOX 1957, BRUNSWICK, GA, 31524

NTEE Category

Code: W61 - Public benefit

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