Overview
What is Louisville Federal Credit Union?
Louisville Federal Credit Union is a financial institution based in Louisville, Kentucky. As a credit union, it offers loan and share deposit services to its members, aiming to provide unique financial benefits that surpass those typically offered by other sources. This nonprofit organization's primary objective is to assist its members in achieving personal financial success by utilizing various financial services. The credit union operates with the specific intention of providing its members with unique advantages, ultimately helping them achieve specific financial milestones. The credit union's operations are headquartered at PO Box 33303, Louisville, KY 40232-3303.
Official website here: www.louisvillefcu.com
Is Louisville Federal Credit Union legitimate?
Louisville Federal Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Louisville Federal 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: $351,815
For more financial information, click here
Official website here: www.louisvillefcu.com
What is the mission statement of Louisville Federal Credit Union?
The Louisville Federal Credit Union's mission is to offer and advocate for a range of financial services that provide distinctive benefits and advantages over conventional sources, with the primary objective of assisting its members in achieving some measure of personal financial success. By providing loan and share deposit services, the credit union generates interest income and distributes dividends to its share depositors, thereby contributing to its members' financial well-being.
Official website here: www.louisvillefcu.com
Who is the CEO of Louisville Federal Credit Union?
Tracye Thompson is the CEO of Louisville Federal Credit Union The CEO's salary of Louisville Federal Credit Union is $126,234 and their total compensation is $141,197.
Official website here: www.louisvillefcu.com
What is the revenue of Louisville Federal Credit Union?
Louisville Federal Credit Union's revenue in 2024 was $1,193,557.
Official website here: www.louisvillefcu.com
Who are the executives of Louisville Federal Credit Union and what are their salaries?
The average compensation at Louisville Federal Credit Union during 2024 was $39,091. There are 9 employees and 11 volunteers at Louisville Federal Credit Union.
Here are 13 key members and their salaries (Louisville Federal Credit Union's CEO's salary is $126,234 and their total compensation is $141,197):
- Compensation: $135,235
- Related: $0
- Other: $6,910
- Compensation: $126,234
- Related: $0
- Other: $14,963
- Compensation: $4,250
- 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.louisvillefcu.com
Where can I find the form 990 for Louisville Federal Credit Union?
Louisville Federal Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.louisvillefcu.com
Learn more at the official website: www.louisvillefcu.com
Mission Statement of Louisville Federal Credit Union
Louisville Federal Credit Union, as a financial institution, is committed to offering a variety of financial services that offer unique benefits and advantages over those typically available from other sources. Its primary mission is to aid its members in achieving some level of personal financial success. The credit union accomplishes this by providing loan and share deposit services, both of which generate income for its members. Loans provide interest income, while share depositors receive dividends. By offering these tailored financial services, Louisville Federal Credit Union aims to assist its members in attaining their financial goals.
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Impact
October, 2024
Louisville Federal Credit Union significantly impacts its community by providing and promoting a diverse range of financial services tailored to meet the unique needs of its members. By offering loans and share deposit services, the credit union enables individuals and families in Louisville, KY, to achieve greater personal financial success. Members benefit from competitive interest rates and dividends that exceed those typically available from traditional financial institutions.
Through its commitment to enhancing financial well-being, Louisville Federal Credit Union empowers its members with the tools and resources necessary to improve their economic stability. This focus on member-centric financial solutions not only fosters individual prosperity but also contributes to the overall economic health of the community. The credit union stands as a vital resource for financial education and support, promoting a culture of financial literacy and responsible money management in Louisville.
This information is meant to be a general summary of Louisville Federal 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 2024.
- Investment Income: $568,924
- Program Service Revenue: $575,058
- Gross Receipts: $1,193,557
Assets and Liabilities:
- Total Assets: $34,231,477
- Total Liabilities: $27,302,512
- Net Assets: $6,928,965
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$534,960
FEE INCOME
Revenue
$40,098
Organization Details
Founding Year
1924
Principal Officer
Tracye Thompson
Website
www.louisvillefcu.comNTEE Category
Code: W60 - Public benefit
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