Overview
What is Shaw Ross Employees Credit Union?
Shaw Ross Employees Credit Union is a nonprofit organization, specifically a credit union, established for the benefit of employees working at Southern Glazer's Wine & Spirits, LLC. Situated in Miami, Florida, the credit union operates under state charter and is federally insured. Its primary aim is to promote savings and provide affordable loans to its members. By being a part of this credit union, employees can access financial services, such as loans and savings accounts, under fair and reasonable interest rates. The credit union's mission is to serve its members, offering them financial support and security, in line with its nonprofit status.
Is Shaw Ross Employees Credit Union legitimate?
Shaw Ross Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Shaw Ross Employees 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: $216,052
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What is the mission statement of Shaw Ross Employees Credit Union?
Shaw Ross Employees Credit Union was established with the primary objective of serving as a credit union for the employees of Southern Glazers Wine & Spirits, LLC. The organization's mission is to promote savings among its members and provide them with accessible credit at reasonable interest rates. Shaw Ross Employees Credit Union is a federally insured and state-chartered institution, committed to fostering thrift among its members. It operates with the aim of being a reliable source of credit for its employees, ensuring financial stability and well-being.
Who is the CEO of Shaw Ross Employees Credit Union?
Steven R Becker is the Director/President of Shaw Ross Employees Credit Union.
What is the revenue of Shaw Ross Employees Credit Union?
Shaw Ross Employees Credit Union's revenue in 2022 was $342,616.
Who are the executives of Shaw Ross Employees Credit Union and what are their salaries?
There 2 volunteers at Shaw Ross Employees Credit Union.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $5,065,565
- Other: $0
- Compensation: $0
- Related: $447,845
- Other: $0
- Compensation: $0
- Related: $417,430
- Other: $0
- Compensation: $0
- Related: $338,362
- Other: $0
- Compensation: $0
- Related: $81,387
- Other: $0
Where can I find the form 990 for Shaw Ross Employees Credit Union?
Shaw Ross Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shaw Ross Employees Credit Union
Shaw Ross Employees Credit Union, established with the purpose of serving as a credit union for the employees of Southern Glazers Wine & Spirits, LLC, is committed to promoting thrift and creating a reliable source of credit for its members. This organization, functioning as a federally insured and state-chartered entity, operates with a mission to extend credit to its members at reasonable and fair interest rates. The members of Shaw Ross Employees Credit Union are primarily the employees of Southern Glazer's Wine and Spirits, LLC, demonstrating its dedication to supporting the financial wellbeing of its community.
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Impact
October, 2024
Shaw Ross Employees Credit Union significantly impacts its members by providing them with accessible financial services tailored to their needs. By promoting thrift and facilitating a reliable source of credit, the credit union enables employees of Southern Glazers Wine & Spirits, LLC, to manage their finances more effectively. With federally insured deposit accounts and competitive interest rates, members can save confidently while accessing loans that support personal and professional growth.
The credit union fosters a sense of community among its members, creating connections and a support network that extends beyond financial transactions. By prioritizing fair and reasonable lending practices, Shaw Ross Employees Credit Union enhances the financial literacy and stability of its members, empowering them to achieve their goals and face financial challenges with confidence. Overall, its commitment to the well-being of employees contributes to a more secure and stable environment for individuals and their families.
This information is meant to be a general summary of Shaw Ross Employees 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: $28,218
- Program Service Revenue: $37,047
- Gross Receipts: $342,616
Assets and Liabilities:
- Total Assets: $7,735,168
- Total Liabilities: $6,758,055
- Net Assets: $977,113
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST-MEMBER LOANS
Revenue
$37,047
Organization Details
Phone
(305) 625-4171Principal Officer
Steven R Becker
Main Address
1600 NW 163RD STREET, MIAMI, FL, 33169
NTEE Category
Code: W60 - Public benefit
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