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Health Center Credit Union

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

EIN: 581256173 ✦ Augusta, GA ✦ Designated as a 501(c)(14)

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Overview

What is Health Center Credit Union?

Health Center Credit Union is a state-chartered financial institution situated in Augusta, Georgia. With a compact workforce of 18 employees, it offers various financial services to its members. These services include auto loans, Visa credit cards, deposit products, safe deposit boxes, and ATM services. Moreover, the credit union also sells loan protection products such as GAP, warranties, and single premium life and disability insurances. The main objective of Health Center Credit Union is to cater to the financial needs of its members, providing them with reliable and convenient banking solutions.


Official website here: www.hccu.coop

Is Health Center Credit Union legitimate?

Health Center Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Health Center 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: $310,533
Professional Fundraising Fees: $0
Other Salaries and Wages: $671,991

For more financial information, click here


Official website here: www.hccu.coop

What is the mission statement of Health Center Credit Union?

Health Center Credit Union, as a state-chartered credit union, serves its members by offering deposit products, payment services, auto loans, ATM services, Visa credit cards, and safe deposit boxes. Additionally, it sells loan protection products such as GAP, warranties, and single premium life and disability insurance. The mission of the credit union, in essence, is to provide financial services and support to its members, ensuring they have access to necessary financial tools and safeguards.


Official website here: www.hccu.coop

Who is the CEO of Health Center Credit Union?

Stacy A Tallent is the President of Health Center Credit Union.


Official website here: www.hccu.coop

What is the revenue of Health Center Credit Union?

Health Center Credit Union's revenue in 2022 was $3,984,525.


Official website here: www.hccu.coop

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

The average compensation at Health Center Credit Union during 2022 was $54,585. There are 18 employees at Health Center Credit Union.


Here are 13 key members and their salaries:


Stacy A Tallent (President)
  • Compensation: $128,196
  • Related: $0
  • Other: $0
Lisa B Mahaffey (Vice President)
  • Compensation: $108,220
  • Related: $0
  • Other: $0
Melissa K Haffly (Vice President)
  • Compensation: $74,117
  • Related: $0
  • Other: $0
W Robert Graybill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Evans (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles D Sanford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aisha Lavin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Wren (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dalton E Brannen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Wright (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Hatch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Libby Poteet (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Burns (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hccu.coop

Where can I find the form 990 for Health Center Credit Union?

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


Official website here: www.hccu.coop

Learn more at the official website: www.hccu.coop

Mission Statement of Health Center Credit Union

Health Center Credit Union, as a state-chartered credit union, is committed to serving its members by offering a variety of financial products and services. Its mission is to provide deposit products, payment services, and loan options such as auto loans and Visa credit cards. Additionally, the credit union offers ATM services and safe deposit boxes for its members' convenience. Furthermore, Health Center Credit Union sells loan protection products, including GAP, warranties, and single premium life and disability insurance, to safeguard its members' financial well-being.

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Impact




October, 2024

Health Center Credit Union plays a crucial role in enhancing financial well-being within the Augusta, GA community. By offering a wide array of financial services, including deposit products, auto loans, Visa credit cards, and ATM services, it empowers members to manage their finances effectively. The availability of safe deposit boxes ensures that members can securely store their valuable belongings.

Moreover, the credit union offers loan protection products such as GAP insurance, warranties, and single premium life and disability coverage, providing an additional layer of security for its members' financial investments. By focusing on the needs of its members, Health Center Credit Union significantly contributes to the economic stability and growth of the community. Its commitment to accessible financial services helps foster trust, encourage savings, and promote responsible borrowing, ultimately creating a positive impact on the lives of its members and the locality it serves.




This information is meant to be a general summary of Health Center 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
$3,984,525 (2022)
Expenses
$3,378,964 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $332,842
  • Program Service Revenue: $3,644,669
  • Gross Receipts: $3,984,525

Assets and Liabilities:

  • Total Assets: $71,894,689
  • Total Liabilities: $1,494,088
  • Net Assets: $70,400,601

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Programs

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

Fees & Charges

Revenue

$424,342

Income from Loans

Revenue

$2,144,463

Rental Income

Revenue

$24,000

Share Draft Fees

Revenue

$981,658

Visa Card Income

Revenue

$41,157

Organization Details

Founding Year

1976

Principal Officer

Stacy A Tallent

Main Address

1424 Walton Way, Augusta, GA, 30901

NTEE Category

Code: W61 - Public benefit

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