Overview
What is Florida Rural Electric Credit Union?
Florida Rural Electric Credit Union is a credit union located at 2916 Apalachee PKWY, Tallahassee, FL 32303. Its primary mission is to provide financial services to its members, offering loans, savings, and various other financial solutions. With a team of 10 employees, this credit union serves approximately 2,972 members, ensuring they have access to essential financial assistance. While primarily focused on loan services, Florida Rural Electric Credit Union remains dedicated to meeting its members' financial needs.
Official website here: www.frecu.org
Is Florida Rural Electric Credit Union legitimate?
Florida Rural Electric Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Florida Rural Electric 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: $367,388
For more financial information, click here
Official website here: www.frecu.org
What is the mission statement of Florida Rural Electric Credit Union?
Florida Rural Electric Credit Union's mission is centered around providing financial services to its members. Specifically, the credit union aims to cater to around 2,972 individuals, offering them various financial solutions such as loans and savings. The primary focus of its activities is to serve its members effectively, providing them with the necessary financial tools they need. The credit union's services extend beyond basic loans and savings, offering a range of financial services to its members.
Official website here: www.frecu.org
Who is the CEO of Florida Rural Electric Credit Union?
Paula Tuten is the President/Ce of Florida Rural Electric Credit Union.
Official website here: www.frecu.org
What is the revenue of Florida Rural Electric Credit Union?
Florida Rural Electric Credit Union's revenue in 2022 was $1,278,439.
Official website here: www.frecu.org
Who are the executives of Florida Rural Electric Credit Union and what are their salaries?
The average compensation at Florida Rural Electric Credit Union during 2022 was $36,739. There are 10 employees and 16 volunteers at Florida Rural Electric Credit Union.
Here are 18 key members and their salaries:
- Compensation: $116,827
- Related: $0
- Other: $19,471
- 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
- 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
- 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.frecu.org
Where can I find the form 990 for Florida Rural Electric Credit Union?
Florida Rural Electric Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.frecu.org
Learn more at the official website: www.frecu.org
Mission Statement of Florida Rural Electric Credit Union
Florida Rural Electric Credit Union, as a credit union, is committed to providing financial services for its approximately 2,972 members. Their mission is to offer a range of services, including loans and savings, to cater to the financial needs of their members. The credit union takes pride in serving its members effectively, providing them with the necessary financial tools to manage their finances efficiently. By offering various loan services, Florida Rural Electric Credit Union empowers its members to meet their financial goals, whether it's purchasing a home, starting a business, or saving for the future. The credit union's dedication to its members is evident in its mission to provide comprehensive financial services, ensuring financial stability and security for all its members.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Florida Rural Electric Credit Union plays a crucial role in enhancing the financial wellbeing of its members by offering a range of essential loan and savings services. Located in Tallahassee, FL, the credit union supports approximately 2,972 members, providing them with access to affordable financial products that cater to their needs.
By focusing on member services, Florida Rural Electric Credit Union fosters community development and empowers individuals and families to achieve their financial goals. The loans and savings accounts available help members manage expenses, invest in their future, and build financial resilience. Overall, the credit union's commitment to its members facilitates economic stability and growth within the community.
This information is meant to be a general summary of Florida Rural Electric 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: $111,497
- Program Service Revenue: $1,083,365
- Gross Receipts: $1,278,439
Assets and Liabilities:
- Total Assets: $28,070,978
- Total Liabilities: $22,403,870
- Net Assets: $5,667,108
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$967,664
FEE INCOME
Revenue
$115,701
Organization Details
Founding Year
1975
Phone
(850) 877-6168Principal Officer
Paula Tuten
Main Address
2916 APALACHEE PKWY, TALLAHASSEE, FL, 323030373
Website
www.frecu.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Florida Rural Electric Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.