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Rome Kraft Employees Credit Union

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

EIN: 586035584 ✦ Coosa, GA ✦ Designated as a 501(c)(14)

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Overview

What is Rome Kraft Employees Credit Union?

Rome Kraft Employees Credit Union is a financial institution based in Coosa, Georgia, specifically at PO Box 387. As a credit union, its primary mission is to offer financial services to its approximately 1,616 members. This includes providing loans, savings options, and various other financial services. The credit union, with a team of four employees, is dedicated to serving its members' financial needs.


Official website here: www.romekraftcu.com

Is Rome Kraft Employees Credit Union legitimate?

Rome Kraft Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Rome Kraft Employees 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: $257,906

For more financial information, click here


Official website here: www.romekraftcu.com

What is the mission statement of Rome Kraft Employees Credit Union?

The Rome Kraft Employees Credit Union is committed to providing financial services to its approximately 1,616 members. This includes offering loans, savings, and various other financial services. The mission of the credit union is to serve its members effectively, ensuring they have access to the financial resources they need. The credit union's activities primarily revolve around facilitating loan services for its members.


Official website here: www.romekraftcu.com

Who is the CEO of Rome Kraft Employees Credit Union?

Diane Mccoy is the President/Ce of Rome Kraft Employees Credit Union.


Official website here: www.romekraftcu.com

What is the revenue of Rome Kraft Employees Credit Union?

Rome Kraft Employees Credit Union's revenue in 2022 was $825,277.


Official website here: www.romekraftcu.com

Who are the executives of Rome Kraft Employees Credit Union and what are their salaries?

The average compensation at Rome Kraft Employees Credit Union during 2022 was $64,476. There are 4 employees and 7 volunteers at Rome Kraft Employees Credit Union.


Here are 13 key members and their salaries:


Diane Mccoy (President/Ce)
  • Compensation: $104,596
  • Related: $0
  • Other: $7,042
Judy Bowles (Bod/Sic Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Dickert (Credit Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Evans (Bod And Cred)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Hall (Credit Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Kohl (Credit Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Payton (Bod And Sic)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Ray (Bod And Sic)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Sloman (Vice Chair A)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Sloman (Credit Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Thompson (Board Chairp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Trapp (Credit Commi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mac Wilson (Bod/Credit C)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.romekraftcu.com

Where can I find the form 990 for Rome Kraft Employees Credit Union?

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


Official website here: www.romekraftcu.com

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

Mission Statement of Rome Kraft Employees Credit Union

Rome Kraft Employees Credit Union, as a credit union, is committed to providing financial services for its approximately 1,616 members. This mission encompasses offering a range of services, primarily in the form of loans and savings, to cater to the financial needs of its members. The credit union's activities are centered around providing these services, aiming to support its members in managing their finances effectively.

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Impact




October, 2024

Rome Kraft Employees Credit Union plays a vital role in the financial well-being of its community by providing essential financial services to approximately 1,616 members. Located in Coosa, GA, the credit union focuses on offering a variety of loan services, enabling members to access affordable credit options that cater to their unique needs. In addition to loans, the credit union also promotes savings and other financial products, fostering a culture of financial literacy and responsibility among its members. Through these efforts, Rome Kraft Employees Credit Union contributes to the economic stability and growth of its local community, enhancing the overall quality of life for its members.




This information is meant to be a general summary of Rome Kraft Employees 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
$825,277 (2022)
Expenses
$596,595 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $40,600
  • Program Service Revenue: $674,214
  • Gross Receipts: $825,277

Assets and Liabilities:

  • Total Assets: $19,941,445
  • Total Liabilities: $15,281,602
  • Net Assets: $4,659,843

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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

$659,031

FEE INCOME

Revenue

$15,183

Organization Details

Founding Year

1955

Principal Officer

Diane Mccoy

Main Address

PO BOX 387, COOSA, GA, 30129

NTEE Category

Code: W61 - Public benefit

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