Expree Credit Union

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

EIN: 610245487 ✦ Frankfort, KY ✦ Designated as a 501(c)(14)

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Overview

What is Expree Credit Union?

Expree Credit Union is a member-owned cooperative financial institution, headquartered in Frankfort, Kentucky, specifically at 100 Moore Drive, with a total of 32 employees. Established as a state-chartered organization, Expree Credit Union offers various financial services and products, including loans and deposits, to cater to the needs of its member-owners. Their mission is to deliver tailored financial solutions, demonstrating a commitment to addressing the diverse financial requirements of their community.


Official website here: www.expree.org

Is Expree Credit Union legitimate?

Expree Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Expree 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: $317,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,249,585

For more financial information, click here


Official website here: www.expree.org

What is the mission statement of Expree Credit Union?

Expree Credit Union, as a cooperative financial institution, is committed to delivering tailored financial solutions to meet the diverse needs of its member-owners. The organization's mission is centered around providing personalized financial services and products, demonstrating a dedication to its members. Expree Credit Union operates as a state-chartered cooperative, offering loan and deposit products and services to its member-owners.


Official website here: www.expree.org

Who is the CEO of Expree Credit Union?

John Graham is the President / Chief Executive Officer of Expree Credit Union. The CEO's salary of Expree Credit Union is $202,965 and their total compensation is $241,965.


Official website here: www.expree.org

What is the revenue of Expree Credit Union?

Expree Credit Union's revenue in 2022 was $5,792,192.


Official website here: www.expree.org

Who are the executives of Expree Credit Union and what are their salaries?

The average compensation at Expree Credit Union during 2022 was $48,965. There are 32 employees and 14 volunteers at Expree Credit Union.


Here are 11 key members and their salaries (Expree Credit Union's CEO's salary is $202,965 and their total compensation is $241,965):


John Graham (President / Chief Executive Officer)
  • Compensation: $202,965
  • Related: $0
  • Other: $39,000
Myron Moore (Chief Compliance Officer)
  • Compensation: $114,343
  • Related: $0
  • Other: $25,300
Paul Royce (Chairman Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Mixson (Vice Chairperson Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Abdul Turay (Treasurer Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Singer Buchanan (Secretary Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Douds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Whitlock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Mckenzie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.expree.org

Where can I find the form 990 for Expree Credit Union?

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


Official website here: www.expree.org

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

Mission Statement of Expree Credit Union

Expree Credit Union, as a member-owned cooperative, is committed to delivering tailored financial solutions for its members' diverse needs. With a dedication to handcrafted solutions, the credit union aims to cater to various financial requirements, demonstrating its adaptability and personalized approach. By serving as a financial institution, Expree Credit Union provides both loan and deposit products and services, ensuring its members have access to the financial tools they need.

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Impact




October, 2024

Expree Credit Union plays a significant role in the financial well-being of its member owners by offering tailored loan and deposit products and services. As a member-owned cooperative financial institution based in Frankfort, Kentucky, it focuses on delivering personalized solutions that address the unique financial needs of its community. By supporting its members with accessible financial services, Expree Credit Union fosters economic empowerment and stability, ultimately contributing to the overall public benefit in the region. Its commitment to member satisfaction and handcrafted solutions means that individuals and families can achieve their financial goals with confidence and support.




This information is meant to be a general summary of Expree 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
$5,792,192 (2022)
Expenses
$4,643,931 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $258,572
  • Program Service Revenue: $5,533,620
  • Gross Receipts: $5,792,192

Assets and Liabilities:

  • Total Assets: $92,581,595
  • Total Liabilities: $82,999,264
  • Net Assets: $9,582,331

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Programs

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

Interest on loans to members

Revenue

$3,480,225

Fees to members

Revenue

$2,050,281

ATM surcharges to nonmembers

Revenue

$3,114

Organization Details

Founding Year

1938

Principal Officer

John Graham

Main Address

100 Moore Drive, Frankfort, KY, 40601

NTEE Category

Code: W60 - Public benefit

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