Overview
What is Space Coast Credit Union?
Space Coast Credit Union is a member-owned financial cooperative based in Melbourne, Florida, with a workforce of 1,193 employees. They are dedicated to encouraging savings and thrift among their members by offering an extensive selection of deposit and savings products with competitive interest rates and minimal fees. The credit union's mission is to create value through cooperative ownership and provide accessible credit for members at reasonable rates. Established to promote financial wellbeing among its members, Space Coast Credit Union continues to grow and serve its community.
Official website here: www.sccu.com
What are the reviews and ratings of this charity?
Space Coast Credit Union currently does not have a rating from Charity Navigator. This is primarily because it is not a 501(c)(3) IRS registered nonprofit, which is a requirement for evaluation by Charity Navigator's methodologies. The absence of a rating is neither positive nor negative; it simply indicates that the organization has not yet been assessed under the criteria used by Charity Navigator.
Historically, ratings on Charity Navigator have focused more on Accountability and Finance. However, since Space Coast Credit Union is not a 501(c)(3) entity, data on revenue, expenses, or salaries of key persons is unavailable. Charity Navigator typically evaluates organizations on structure and tax-status among others, but this entity falls outside those specific evaluation criteria.
Currently, there are no user reviews available on GreatNonprofits for Space Coast Credit Union. This limits public insight into community interaction and personal experiences with the organization from members who have used or benefited from its services.
This AI summary has been generated from information found on Charity Navigator.
Is Space Coast Credit Union legitimate?
Space Coast Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Space Coast 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: $5,743,893
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,546,735
For more financial information, click here
Official website here: www.sccu.com
What is the mission statement of Space Coast Credit Union?
Space Coast Credit Union operates as a member-owned cooperative, dedicated to encouraging savings among its members and providing them with affordable credit. The credit union's mission is to promote thrift and create a source of credit for its members at reasonable rates. By maintaining a diverse range of deposit account products, the credit union effectively promotes savings with low fees and high interest rates.
Official website here: www.sccu.com
Who is the CEO of Space Coast Credit Union?
Timothy M Antonition is the President/Ceo of Space Coast Credit Union. The CEO's salary of Space Coast Credit Union is $1,093,632 and their total compensation is $1,168,815.
Official website here: www.sccu.com
What is the revenue of Space Coast Credit Union?
Space Coast Credit Union's revenue in 2022 was $310,171,993.
Official website here: www.sccu.com
Who are the executives of Space Coast Credit Union and what are their salaries?
The average compensation at Space Coast Credit Union during 2022 was $55,566. There are 1193 employees and 14 volunteers at Space Coast Credit Union.
Here are 31 key members and their salaries (Space Coast Credit Union's CEO's salary is $1,093,632 and their total compensation is $1,168,815):
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $1,093,632
- Related: $0
- Other: $75,183
- Compensation: $397,531
- Related: $0
- Other: $25,828
- Compensation: $554,917
- Related: $0
- Other: $28,900
- Compensation: $105,753
- Related: $0
- Other: $4,769
- Compensation: $289,956
- Related: $0
- Other: $45,763
- Compensation: $310,433
- Related: $0
- Other: $10,755
- Compensation: $277,281
- Related: $0
- Other: $43,807
- Compensation: $273,012
- Related: $0
- Other: $24,390
- Compensation: $281,067
- Related: $0
- Other: $32,723
- Compensation: $249,216
- Related: $0
- Other: $43,558
- Compensation: $251,773
- Related: $0
- Other: $49,981
- Compensation: $220,995
- Related: $0
- Other: $47,777
- Compensation: $201,558
- Related: $0
- Other: $22,768
- Compensation: $196,019
- Related: $0
- Other: $11,051
- Compensation: $209,988
- Related: $0
- Other: $32,601
- Compensation: $150,472
- Related: $0
- Other: $39,046
- Compensation: $302,427
- Related: $0
- Other: $43,535
- Compensation: $154,021
- Related: $0
- Other: $41,651
- Compensation: $152,255
- Related: $0
- Other: $27,960
- Compensation: $157,552
- Related: $0
- Other: $14,955
- Compensation: $150,793
- Related: $0
- Other: $42,217
- Compensation: $141,392
- Related: $0
- Other: $0
Official website here: www.sccu.com
Where can I find the form 990 for Space Coast Credit Union?
Space Coast Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sccu.com
Learn more at the official website: www.sccu.com
Mission Statement of Space Coast Credit Union
Space Coast Credit Union, a member-owned cooperative, is dedicated to fostering cooperative ownership and promoting thrift amongst its members. The credit union achieves this mission by offering a diverse range of deposit and savings products with low fees and high-interest rates. By doing so, it encourages members to save and build financial security. Established as a democratically controlled organization, Space Coast Credit Union aims to provide its members with a reliable source of credit for provident or productive purposes, all at reasonable rates of interest. Through this commitment, the credit union empowers its members to improve their financial wellbeing and reach their financial goals.
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Impact
October, 2024
Space Coast Credit Union has a significant impact on its community by fostering thrift and promoting financial well-being among its members. Based in Melbourne, Florida, it offers a broad range of deposit and savings products, allowing individuals to save effectively while benefiting from low fees and competitive interest rates. By prioritizing the financial interests of its members, Space Coast Credit Union not only provides access to affordable credit for productive purposes but also empowers individuals to achieve their financial goals. The democratic structure of the credit union enables members to participate in decision-making, ensuring that their voices are heard and that the institution remains focused on their needs. This commitment to cooperative ownership and community benefit enhances economic stability and promotes responsible financial practices within the region.
This information is meant to be a general summary of Space Coast 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: $13,442,748
- Program Service Revenue: $296,599,355
- Gross Receipts: $581,271,385
Assets and Liabilities:
- Total Assets: $8,543,983,797
- Total Liabilities: $7,779,628,954
- Net Assets: $764,354,843
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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
$216,442,338
FEES/CHARGES/OTHER
Revenue
$79,545,152
NON-MEMBER ATM SURCHARGES
Revenue
$611,865
Organization Details
Founding Year
1951
Phone
(321) 752-2222Principal Officer
Timothy M Antonition
Main Address
8045 NORTH WICKHAM ROAD, MELBOURNE, FL, 32940
Website
www.sccu.comNTEE Category
Code: W60 - Public benefit
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