Overview
What is The Wright Credit Union?
The Wright Credit Union, located in Toccoa, Georgia, serves as a financial institution primarily for its approximately 1,776 members. Established with the mission to provide financial services, it offers a range of loans, savings, and other financial products to its members. With a compact workforce of nine individuals, the credit union is committed to meeting its members' financial needs effectively.
Official website here: www.thewrightcu.org
Is The Wright Credit Union legitimate?
The Wright Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. The Wright 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: $244,311
For more financial information, click here
Official website here: www.thewrightcu.org
What is the mission statement of The Wright Credit Union?
The Wright Credit Union is committed to serving approximately 1,776 members by providing various financial services, including loans and savings options. Its primary mission is to offer these financial services, ensuring member satisfaction and financial well-being. The credit union provides a range of loan services to cater to its members' financial needs.
Official website here: www.thewrightcu.org
Who is the CEO of The Wright Credit Union?
Alaina Lacount is the Manager/Trea of The Wright Credit Union.
Official website here: www.thewrightcu.org
What is the revenue of The Wright Credit Union?
The Wright Credit Union's revenue in 2022 was $852,328.
Official website here: www.thewrightcu.org
Who are the executives of The Wright Credit Union and what are their salaries?
The average compensation at The Wright Credit Union during 2022 was $27,146. There are 9 employees and 7 volunteers at The Wright Credit Union.
Here are 7 key members and their salaries:
- Compensation: $58,481
- 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.thewrightcu.org
Where can I find the form 990 for The Wright Credit Union?
The Wright Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thewrightcu.org
Learn more at the official website: www.thewrightcu.org
Mission Statement of The Wright Credit Union
The Wright Credit Union, as a credit union, is dedicated to providing financial services to its approximately 1,776 members. Its mission is twofold: firstly, it aims to offer loans to its members, helping them manage their financial needs effectively. Secondly, it provides a platform for savings, allowing its members to build a financial cushion for future use. In essence, The Wright Credit Union serves as a financial partner to its members, offering a range of loan services to cater to their various financial requirements.
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Impact
October, 2024
The Wright Credit Union significantly impacts its community by providing essential financial services to approximately 1,776 members in Toccoa, GA. By offering a variety of loan services, the credit union helps individuals and families access the funding they need for personal, educational, and business-related expenses. This access to affordable financial products fosters economic stability and growth among its members, allowing them to save, invest, and make informed financial decisions.
Moreover, The Wright Credit Union promotes financial literacy and inclusion, empowering members to build a secure financial future. By focusing on the welfare of its members, the credit union not only enhances individual financial well-being but also contributes to the overall economic health of the community. Its commitment to providing accessible financial solutions makes a lasting positive impact, demonstrating a dedication to the public benefit and the financial empowerment of its members.
This information is meant to be a general summary of The Wright 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: $63,024
- Program Service Revenue: $706,946
- Gross Receipts: $852,328
Assets and Liabilities:
- Total Assets: $16,307,584
- Total Liabilities: $13,688,661
- Net Assets: $2,618,923
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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
$646,335
FEE INCOME
Revenue
$60,611
Organization Details
Founding Year
1963
Phone
(706) 886-2908Principal Officer
Alaina Lacount
Main Address
PO BOX 238, TOCCOA, GA, 30577
Website
www.thewrightcu.orgNTEE Category
Code: W61 - Public benefit
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