Core Credit Union

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

EIN: 586220616 ✦ Statesboro, GA ✦ Designated as a 501(c)(14)

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Overview

What is Core Credit Union?

Core Credit Union is a non-profit financial institution dedicated to providing monetary benefits to its members. By offering savings, checking, and share certificates of deposits, this organization ensures its members have access to diverse financial products. Beyond these services, Core Credit Union is committed to fostering financial literacy through various mediums, including one-on-one sessions, group interactions, and online resources. This approach empowers its members to make informed financial decisions.


Official website here: www.corecu.org

Is Core Credit Union legitimate?

Core Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Core 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: $256,461
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,486,275

For more financial information, click here


Official website here: www.corecu.org

What is the mission statement of Core Credit Union?

Core Credit Union, functioning as a non-profit financial institution, is committed to providing its members with financial value. This is achieved through offering various financial products such as savings, checking, and share certificates of deposits. Beyond financial services, Core Credit Union also prioritizes financial education. This is done through both one-on-one and group sessions, as well as through online resources, ensuring its members are well-equipped to make informed financial decisions.


Official website here: www.corecu.org

Who is the CEO of Core Credit Union?

Robert Clampett is the President/Ce of Core Credit Union.


Official website here: www.corecu.org

What is the revenue of Core Credit Union?

Core Credit Union's revenue in 2022 was $6,307,163.


Official website here: www.corecu.org

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

The average compensation at Core Credit Union during 2022 was $34,855. There are 50 employees at Core Credit Union.


Here are 15 key members and their salaries:


Robert Clampett (President/Ce)
  • Compensation: $246,156
  • Related: $0
  • Other: $10,304
Betsy Riner (Vp Opreation)
  • Compensation: $130,127
  • Related: $0
  • Other: $6,303
Charles Whalen (Vp Finance)
  • Compensation: $110,530
  • Related: $0
  • Other: $0
Spencer Beckum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Boykin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Case (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Cook (Advisory Boa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucretia Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dewayne Grice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenwood Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Ruhland (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Tucker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cleve White (Advisory Boa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Young (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.corecu.org

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

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


Official website here: www.corecu.org

Learn more at the official website: www.corecu.org

Mission Statement of Core Credit Union

Core Credit Union, as a non-profit financial institution, is dedicated to providing financial value to its members. Its mission is centered around offering a variety of financial products, including savings, checking, and share certificates of deposits. Beyond these basic services, Core Credit Union extends its commitment to its members by offering financial education. This education is delivered through one-on-one sessions, group meetings, and online resources, ensuring that members have the knowledge and tools necessary to make informed financial decisions. By focusing on both financial services and education, Core Credit Union aims to empower its members and contribute positively to their financial well-being.

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Impact




October, 2024

Core Credit Union significantly enhances the financial well-being of its members in Statesboro, GA, by offering a range of accessible financial products, including savings accounts, checking accounts, and share certificates of deposits. By prioritizing member value, it ensures that individuals have the tools they need to manage their finances effectively.

In addition to these financial services, Core Credit Union emphasizes financial education, providing resources in both one-on-one and group settings, as well as through online platforms. This educational support empowers members to make informed financial decisions, fostering greater financial literacy within the community. Through its commitment to service and education, Core Credit Union plays a vital role in promoting economic stability and growth among its members, ultimately contributing to the overall public benefit in the region.




This information is meant to be a general summary of Core 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
$6,307,163 (2022)
Expenses
$5,422,088 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $172,330
  • Program Service Revenue: $3,781,918
  • Gross Receipts: $6,314,163

Assets and Liabilities:

  • Total Assets: $131,719,402
  • Total Liabilities: $118,420,965
  • Net Assets: $13,298,437

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Programs

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

LOANS

Revenue

$3,781,918

Organization Details

Founding Year

1974

Principal Officer

Robert Clampett

Main Address

PO BOX 1987, STATESBORO, GA, 30459

NTEE Category

Code: W60 - Public benefit

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