Hello Credit Union

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

EIN: 590690964 ✦ Panama city, FL ✦ Designated as a 501(c)(14)

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Overview

What is Hello Credit Union?

Hello Credit Union is a financial institution based in Panama City, Florida, specifically located at 601 Highway 231, dedicated to serving the residents of Bay County. Their primary role involves offering savings programs, such as regular savings accounts and certificates of deposit, along with deposit services. The credit union's mission is to contribute positively to the financial well-being of the community, with a workforce of 59 employees.


Official website here: www.hello.com

Is Hello Credit Union legitimate?

Hello Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Hello 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: $365,759
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,682,510

For more financial information, click here


Official website here: www.hello.com

What is the mission statement of Hello Credit Union?

Hello Credit Union's mission is centered around serving the financial needs of its community. Specifically, it aims to provide residents of Bay County with a range of deposit and financial services. The credit union offers savings vehicles such as regular savings accounts and certificates of deposit to its members. By doing so, it aims to contribute positively to the financial well-being of its community.


Official website here: www.hello.com

Who is the CEO of Hello Credit Union?

Mike Akers is the Chairperson of Hello Credit Union. The CEO's salary of Hello Credit Union is $196,962 and their total compensation is $219,984.


Official website here: www.hello.com

What is the revenue of Hello Credit Union?

Hello Credit Union's revenue in 2022 was $7,848,025.


Official website here: www.hello.com

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

The average compensation at Hello Credit Union during 2022 was $34,716. There are 59 employees and 14 volunteers at Hello Credit Union.


Here are 16 key members and their salaries (Hello Credit Union's CEO's salary is $196,962 and their total compensation is $219,984):


Gary D Bliss (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Maxwell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mann (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Atkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Gillmore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dallas Shaw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli Garrett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas James (Vice-Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Topol (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Sespico (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Forrest Watson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Geiger (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Rodan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Kilgore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefania Jones (Vp/Cfo)
  • Compensation: $132,701
  • Related: $0
  • Other: $13,074
Michael Akers (President/Ceo)
  • Compensation: $196,962
  • Related: $0
  • Other: $23,022


Official website here: www.hello.com

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

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


Official website here: www.hello.com

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

Mission Statement of Hello Credit Union

Hello Credit Union, as a credit union, is committed to serving the financial needs of residents in Bay County. Their mission, in essence, is to provide a platform for saving and deposits, encompassing various savings accounts and certificates of deposit. By offering these services, Hello Credit Union aims to contribute positively to the financial well-being of its members.

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Impact




October, 2024

Hello Credit Union significantly enhances the financial well-being of residents in Bay County by offering essential financial and depository services. Through a variety of programs, including regular savings accounts and certificates of deposit, it promotes saving and financial security within the community. This accessibility to financial services empowers individuals to manage their finances effectively, build savings, and plan for the future, ultimately fostering economic stability and growth in the region. By catering specifically to the needs of local residents, Hello Credit Union plays a vital role in supporting the financial health and prosperity of Bay County.




This information is meant to be a general summary of Hello 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
$7,848,025 (2022)
Expenses
$6,042,145 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $515,279
  • Program Service Revenue: $4,891,201
  • Gross Receipts: $7,848,025

Assets and Liabilities:

  • Total Assets: $168,547,425
  • Total Liabilities: $149,754,550
  • Net Assets: $18,792,875

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Programs

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

LOAN INTEREST INCOME

Revenue

$4,891,201

Organization Details

Founding Year

1952

Principal Officer

Mike Akers

Main Address

601 HIGHWAY 231, PANAMA CITY, FL, 32405

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