Autotruck Financial Credit Union

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

EIN: 610594797 ✦ Louisville, KY ✦ Designated as a 501(c)(14)

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Overview

What is Autotruck Financial Credit Union?

Autotruck Financial Credit Union is a member-owned cooperative credit union, headquartered in Louisville, Kentucky. Established with a mission to offer secure and economical financial services, it provides a range of loan and deposit products to its member-owners. As a state-chartered institution, Autotruck Financial Credit Union strives to deliver these services in a convenient and amiable manner, ensuring the well-being of its members. With 55 dedicated employees, the organization operates with the goal of fostering financial stability and prosperity within its community.


Official website here: www.autotruckfcu.org

Is Autotruck Financial Credit Union legitimate?

Autotruck Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Autotruck Financial 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: $480,197
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,958,432

For more financial information, click here


Official website here: www.autotruckfcu.org

What is the mission statement of Autotruck Financial Credit Union?

Autotruck Financial Credit Union's mission is centered around serving its member-owners effectively. As a safe and reliable financial institution, it aims to offer a wide range of loan and deposit products and services in a user-friendly manner. The organization's goal is to operate in an economical and sound manner, ensuring the convenience and satisfaction of its current and potential members. Autotruck Financial Credit Union operates as a state-chartered cooperative, providing financial services with the aim of enhancing the financial well-being of its member-owners.


Official website here: www.autotruckfcu.org

Who is the CEO of Autotruck Financial Credit Union?

James Thompson is the CEO of Autotruck Financial Credit Union The CEO's salary of Autotruck Financial Credit Union is $227,434 and their total compensation is $270,834.


Official website here: www.autotruckfcu.org

What is the revenue of Autotruck Financial Credit Union?

Autotruck Financial Credit Union's revenue in 2023 was $11,678,694.


Official website here: www.autotruckfcu.org

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

The average compensation at Autotruck Financial Credit Union during 2023 was $38,708. There are 63 employees and 10 volunteers at Autotruck Financial Credit Union.

Here are 10 key members and their salaries (Autotruck Financial Credit Union's CEO's salary is $227,434 and their total compensation is $270,834):


James Thompson (Chief Executive Officer)
  • Compensation: $227,434
  • Related: $0
  • Other: $43,400
Jason Pendleton (Executive Vice President)
  • Compensation: $139,769
  • Related: $0
  • Other: $37,200
Genia Gassaway (Vice President Of Operations)
  • Compensation: $112,994
  • Related: $0
  • Other: $42,600
Steven Stone (Chairperson Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Hall (Vice Chairperson Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Rixman (Treasurer / Secretary Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Huston Reinle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Dierson Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.autotruckfcu.org

Where can I find the form 990 for Autotruck Financial Credit Union?

Autotruck Financial Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.autotruckfcu.org

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

Mission Statement of Autotruck Financial Credit Union

Autotruck Financial Credit Union, as a financial cooperative, is dedicated to serving its member-owners by offering secure, economical, and full-service personal financial solutions in a welcoming and convenient manner. The organization's mission is twofold: firstly, it aims to supply loan and deposit products and services to its members, ensuring financial stability and accessibility. Secondly, it strives to deliver these services in a friendly and user-friendly manner, upholding the principles of safety and soundness in its operations. Autotruck Financial Credit Union, therefore, is committed to fostering financial well-being for its members, offering them a reliable and member-centric financial institution.

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Impact




October, 2024

Autotruck Financial Credit Union plays a significant role in the financial well-being of its member owners in Louisville, Kentucky. By offering a range of loan and deposit products and services, the credit union supports its members in achieving their financial goals. The cooperative structure ensures that members have a direct stake in the organization, fostering a sense of community and collaboration.

With a mission focused on providing safe, economical, and sound financial services, Autotruck Financial Credit Union prioritizes the needs of its members in a convenient and friendly manner. This commitment not only enhances individual financial stability but also contributes to the overall economic health of the community. The credit union's public benefit approach ensures that it remains dedicated to serving the interests of its members while promoting responsible financial practices.




This information is meant to be a general summary of Autotruck Financial 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
$11,678,694 (2023)
Expenses
$9,451,340 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,824,103
  • Program Service Revenue: $8,854,591
  • Gross Receipts: $11,678,694

Assets and Liabilities:

  • Total Assets: $196,506,373
  • Total Liabilities: $173,716,127
  • Net Assets: $22,790,246

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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

$4,415,485

Fees to members

Revenue

$4,421,430

ATM surcharges to nonmembers

Revenue

$17,676

Organization Details

Founding Year

2011

Principal Officer

James Thompson

NTEE Category

Code: W60 - Public benefit

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