Jefferson County Teachers Credit Union

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

EIN: 591227031 ✦ Monticello, FL ✦ Designated as a 501(c)(14)

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Overview

What is Jefferson County Teachers Credit Union?

Jefferson County Teachers Credit Union is a nonprofit organization situated in Monticello, Florida. Its primary role is to offer a diverse range of financial services exclusively to its members. With a team of only four dedicated individuals, this credit union provides its members with competitive interest rates, investment opportunities, and various other financial products and services. The credit union's mission focuses on enriching the financial lives of its members through personalized and inclusive financial services.


Official website here: www.jctcuonline.org

Is Jefferson County Teachers Credit Union legitimate?

Jefferson County Teachers Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Jefferson County Teachers 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: $73,304
Professional Fundraising Fees: $0
Other Salaries and Wages: $111,376

For more financial information, click here


Official website here: www.jctcuonline.org

What is the mission statement of Jefferson County Teachers Credit Union?

Jefferson County Teachers Credit Union is dedicated to offering a diverse range of financial services exclusively to its members. Their mission is centered around providing competitive financial products and investments, along with other services, all tailored specifically for their members. The credit union's programming focuses on delivering a wide array of personal financial solutions, ensuring they cater to their members' financial needs effectively.


Official website here: www.jctcuonline.org

Who is the CEO of Jefferson County Teachers Credit Union?

Kayla Mckown is the Director of Jefferson County Teachers Credit Union. The CEO's salary of Jefferson County Teachers Credit Union is $73,304 and their total compensation is $73,304.


Official website here: www.jctcuonline.org

What is the revenue of Jefferson County Teachers Credit Union?

Jefferson County Teachers Credit Union's revenue in 2022 was $632,508.


Official website here: www.jctcuonline.org

Who are the executives of Jefferson County Teachers Credit Union and what are their salaries?

The average compensation at Jefferson County Teachers Credit Union during 2022 was $46,170. There are 4 employees and 7 volunteers at Jefferson County Teachers Credit Union.


Here are 5 key members and their salaries (Jefferson County Teachers Credit Union's CEO's salary is $73,304 and their total compensation is $73,304):


Gladys Roann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwendolyn Reshard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Mcneill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kayla Mckown (Ceo)
  • Compensation: $73,304
  • Related: $0
  • Other: $0


Official website here: www.jctcuonline.org

Where can I find the form 990 for Jefferson County Teachers Credit Union?

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


Official website here: www.jctcuonline.org

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

Mission Statement of Jefferson County Teachers Credit Union

Jefferson County Teachers Credit Union is committed to offering a diverse range of financial services exclusively to its members. Its mission revolves around providing competitive financial products and investments, as well as various other services. This nonprofit organization operates under the ethos of credit unions, which prioritize serving their members' financial needs above all else. By focusing on its members, Jefferson County Teachers Credit Union aims to offer a comprehensive suite of financial solutions, enabling its members to manage their finances effectively and make informed decisions.

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Impact




October, 2024

Jefferson County Teachers Credit Union significantly impacts its community by providing a wide range of financial services tailored exclusively for its members. Located in Monticello, Florida, the credit union offers competitive rates on various financial products, enabling its members to make informed decisions about savings, loans, and investments. This focus on education professionals fosters a sense of community and support, empowering members to achieve their financial goals while contributing to the overall economic well-being of the region. Through its dedicated programs and services, Jefferson County Teachers Credit Union enhances financial literacy and stability among its members, promoting public benefit and fostering a culture of mutual assistance within the community.




This information is meant to be a general summary of Jefferson County Teachers 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
$632,508 (2022)
Expenses
$474,563 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $57,297
  • Program Service Revenue: $575,211
  • Gross Receipts: $632,508

Assets and Liabilities:

  • Total Assets: $13,608,713
  • Total Liabilities: $11,707,923
  • Net Assets: $1,900,790

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Programs

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

LOAN INCOME

Revenue

$534,364

FEE INCOME

Revenue

$20,585

INSURANCE INCOME

Revenue

$19,618

Organization Details

Founding Year

1964

Principal Officer

Kayla Mckown

Main Address

1500 WEST WASHINGTON STREET, MONTICELLO, FL, 32344

NTEE Category

Code: W60 - Public benefit

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