Overview
What is Mutual Savings Credit Union?
Mutual Savings Credit Union is a member-owned cooperative based in Atlanta, Georgia. Established with a focus on financial services, it offers thrift savings and lending activities to its 5,581 members. This nonprofit organization operates within the parameters of its cooperative structure, ensuring that its operations are driven by and for its members.
Official website here: www.mutualsavingscu.org
Is Mutual Savings Credit Union legitimate?
Mutual Savings Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Mutual Savings 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: $263,796
Professional Fundraising Fees: $0
Other Salaries and Wages: $996,468
For more financial information, click here
Official website here: www.mutualsavingscu.org
What is the mission statement of Mutual Savings Credit Union?
Mutual Savings Credit Union is dedicated to serving its 5,581 member-owners by offering thrift savings and lending activities within a cooperative structure. This mission encompasses providing financial services that cater to the needs of its members, fostering a sense of community and shared ownership. By offering savings and lending opportunities, the credit union seeks to empower its members financially, enabling them to manage their financial resources effectively. The cooperative nature of the credit union ensures that its decisions and operations are guided by the collective interests of its members, ultimately aiming to enhance their financial well-being.
Official website here: www.mutualsavingscu.org
Who is the CEO of Mutual Savings Credit Union?
Elliott C Moon is the Principal Officer of Mutual Savings Credit Union. The CEO's salary of Mutual Savings Credit Union is $169,323 and their total compensation is $169,323.
Official website here: www.mutualsavingscu.org
What is the revenue of Mutual Savings Credit Union?
Mutual Savings Credit Union's revenue in 2022 was $2,739,562.
Official website here: www.mutualsavingscu.org
Who are the executives of Mutual Savings Credit Union and what are their salaries?
There 12 volunteers at Mutual Savings Credit Union.
Here are 11 key members and their salaries (Mutual Savings Credit Union's CEO's salary is $169,323 and their total compensation is $169,323):
- Compensation: $169,323
- Related: $0
- Other: $0
- Compensation: $66,389
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mutualsavingscu.org
Where can I find the form 990 for Mutual Savings Credit Union?
Mutual Savings Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mutualsavingscu.org
Learn more at the official website: www.mutualsavingscu.org
Mission Statement of Mutual Savings Credit Union
Mutual Savings Credit Union, a member-owned cooperative, is dedicated to delivering thrift savings and lending services. In essence, this financial institution exists to serve its 5,581 members by facilitating savings and providing loans within its cooperative structure. By doing so, it contributes to the financial well-being of its members, offering them financial opportunities and stability.
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Impact
October, 2024
Mutual Savings Credit Union plays a vital role in the Atlanta community by offering thrift savings and lending activities to its 5,581 members. By fostering a cooperative environment, it empowers individuals to build their financial well-being while supporting one another. This member-focused approach not only enhances personal financial literacy but also strengthens the local economy by allowing residents access to affordable credit and savings options. The union's commitment to serving its members contributes to a greater public benefit, promoting financial stability and encouraging responsible financial practices within the community.
This information is meant to be a general summary of Mutual Savings 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: $516,897
- Program Service Revenue: $2,222,665
- Gross Receipts: $2,739,562
Assets and Liabilities:
- Total Assets: $81,683,568
- Total Liabilities: $71,321,979
- Net Assets: $10,361,589
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Income from Loans
Revenue
$1,695,019
Other Operating Income
Revenue
$527,646
Organization Details
Founding Year
1933
Phone
(470) 747-8163Principal Officer
Elliott C Moon
Main Address
PO Box 4569, Atlanta, GA, 30302
Website
www.mutualsavingscu.orgNTEE Category
Code: W61 - Public benefit
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