Florida Department Of Transportation Credit Union

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

EIN: 596140072 ✦ Tallahassee, FL ✦ Designated as a 501(c)(14)

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Overview

What is Florida Department Of Transportation Credit Union?

The Florida Department of Transportation Credit Union is a nonprofit organization situated in Tallahassee, Florida, specifically at 640 East Gaines Street. Its primary objective is to foster thrift among its members and provide them with high-quality financial services at reasonable rates. The credit union offers a variety of savings options, including savings, checking, and certificate of deposit accounts, to encourage saving among its members. With a mission to promote thrift and serve as a source of credit, the credit union caters to the financial needs of its members in Leon County, Florida, and surrounding areas. The organization boasts a membership base exceeding 3,000 and employs a team of 18 individuals.


Official website here: www.fldotcu.com

Is Florida Department Of Transportation Credit Union legitimate?

Florida Department Of Transportation Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Florida Department Of Transportation 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: $372,451
Professional Fundraising Fees: $0
Other Salaries and Wages: $579,641

For more financial information, click here


Official website here: www.fldotcu.com

What is the mission statement of Florida Department Of Transportation Credit Union?

The Florida Department of Transportation Credit Union is established with the primary objective of encouraging savings among its members and offering them high-quality financial services at reasonable rates. Its mission is to foster thrift among its members and serve as a reliable source of credit for them at legitimate interest rates. The credit union caters to a membership base exceeding 3,000, primarily in Leon County, Florida, and surrounding areas in Florida. To promote thrift among its members, the credit union offers competitive savings products, which include savings, checking, and certificate of deposit accounts.


Official website here: www.fldotcu.com

Who is the CEO of Florida Department Of Transportation Credit Union?

Kevin Keith is the Chairperson of Florida Department Of Transportation Credit Union. The CEO's salary of Florida Department Of Transportation Credit Union is $132,588 and their total compensation is $203,713.


Official website here: www.fldotcu.com

What is the revenue of Florida Department Of Transportation Credit Union?

Florida Department Of Transportation Credit Union's revenue in 2021 was $1,907,093.


Official website here: www.fldotcu.com

Who are the executives of Florida Department Of Transportation Credit Union and what are their salaries?

The average compensation at Florida Department Of Transportation Credit Union during 2021 was $52,894. There are 18 employees and 10 volunteers at Florida Department Of Transportation Credit Union.


Here are 9 key members and their salaries (Florida Department Of Transportation Credit Union's CEO's salary is $132,588 and their total compensation is $203,713):


Juanita Moore (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Mccue (Vice-Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Kelly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Scarabin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendra Sheffield (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Martin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Sherman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Keith (President/Ceo)
  • Compensation: $132,588
  • Related: $0
  • Other: $71,125
Mary Buchholz (Cfo)
  • Compensation: $109,377
  • Related: $0
  • Other: $59,361


Official website here: www.fldotcu.com

Where can I find the form 990 for Florida Department Of Transportation Credit Union?

Florida Department Of Transportation Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.fldotcu.com

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

Mission Statement of Florida Department Of Transportation Credit Union

The Florida Department of Transportation Credit Union, with its mission, aims to encourage savings among its members and serve as a reliable source of credit at reasonable interest rates. This nonprofit organization, which has a member base exceeding 3,000, is committed to promoting frugality among its members in Leon County, Florida, and surrounding areas. To accomplish this, the credit union offers a variety of competitive savings products, such as savings, checking, and certificate of deposit accounts. These financial services are designed to support the financial well-being of its members, allowing them to manage their funds effectively and responsibly.

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Impact




October, 2024

Florida Department of Transportation Credit Union significantly impacts its community by promoting financial wellness and access to quality financial services. By encouraging thrift among its members, it provides competitive savings products, including savings, checking, and certificate of deposit accounts, which helps individuals build their financial futures.

With a mission centered on providing a reliable source of credit at legitimate interest rates, the credit union serves more than 3,000 members primarily in Leon County and surrounding areas. This commitment not only fosters financial stability for its members but also contributes to the overall economic health of the community by empowering individuals with the tools they need to manage their finances effectively. Through its operations, the credit union demonstrates a dedication to enhancing the financial well-being of its members and the broader public benefit.




This information is meant to be a general summary of Florida Department Of Transportation 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
$1,907,093 (2021)
Expenses
$2,095,392 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $450,652
  • Program Service Revenue: $1,071,872
  • Gross Receipts: $4,161,369

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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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

$1,071,872

Organization Details

Founding Year

1959

Principal Officer

Kevin Keith

Main Address

640 EAST GAINES STREET, TALLAHASSEE, FL, 32301

NTEE Category

Code: W60 - Public benefit

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