Metro Employees Credit Union

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

EIN: 610599249 ✦ Lexington, KY ✦ Designated as a 501(c)(14)

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Overview

What is Metro Employees Credit Union?

Metro Employees Credit Union is a member-owned cooperative financial institution, headquartered at 1306 Versailles Road, Lexington, Kentucky. Established with the purpose of serving its member-owners, this nonprofit organization provides a range of financial products and services, including loans and deposit solutions. As a responsible and forward-thinking financial institution, Metro Employees Credit Union is committed to ensuring the long-term sustainability of the Credit Union while delivering personalized and confidential services to meet its members' financial needs. With a dedicated team of 15 employees, the Credit Union strives to maintain a fair and equitable approach to serving its members.


Official website here: www.metroemployeescu.org

Is Metro Employees Credit Union legitimate?

Metro Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Metro 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: $120,181
Professional Fundraising Fees: $0
Other Salaries and Wages: $525,723

For more financial information, click here


Official website here: www.metroemployeescu.org

What is the mission statement of Metro Employees Credit Union?

Metro Employees Credit Union, as a member-owned and non-profit financial institution, is committed to delivering high-quality services that cater to its members' current and future financial needs. The credit union strives to ensure its long-term viability while providing confidential and personalized service to its members in a fair and equitable manner. It prioritizes treating each member with respect and dedication, ensuring their financial well-being is well-tended to.


Official website here: www.metroemployeescu.org

Who is the CEO of Metro Employees Credit Union?

Piper Graham is the President/Chief Executive Officer of Metro Employees Credit Union. The CEO's salary of Metro Employees Credit Union is $120,181 and their total compensation is $140,581.


Official website here: www.metroemployeescu.org

What is the revenue of Metro Employees Credit Union?

Metro Employees Credit Union's revenue in 2022 was $2,081,086.


Official website here: www.metroemployeescu.org

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

The average compensation at Metro Employees Credit Union during 2022 was $43,060. There are 15 employees and 13 volunteers at Metro Employees Credit Union.


Here are 10 key members and their salaries (Metro Employees Credit Union's CEO's salary is $120,181 and their total compensation is $140,581):


Piper Graham (President/Chief Executive Officer)
  • Compensation: $120,181
  • Related: $0
  • Other: $20,400
John Gosper (Chairperson Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Smith (Vice Chairperson Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Givens (Treasurer Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eunice Ausby (Secretary Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Tatum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jasie Curtis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James D Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Luker Curd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.metroemployeescu.org

Where can I find the form 990 for Metro Employees Credit Union?

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


Official website here: www.metroemployeescu.org

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

Mission Statement of Metro Employees Credit Union

Metro Employees Credit Union, as a member-owned and operated non-profit financial institution, is dedicated to offering high-quality financial services to cater to its members' current and future needs. The credit union's mission is to ensure its longevity while providing confidential and personalized services in a fair and equitable manner. It prioritizes its members, offering them tailored solutions to help them manage their finances effectively. Metro Employees Credit Union is committed to operating with integrity, ensuring that every member is treated with respect and professionalism.

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Impact




October, 2024

Metro Employees Credit Union plays a significant role in the Lexington community by offering its member-owners a range of financial products and services designed to meet their unique needs. By functioning as a cooperative, the credit union empowers its members by providing access to loans and deposit options that are tailored to foster financial stability and growth.

The organization focuses on delivering high-quality, personalized service and prioritizes fairness and equity in its operations. This member-centric approach ensures that the financial needs of its community members are met both today and into the future, thus contributing to the long-term viability of the credit union itself. Through its commitment to confidentiality and personalized support, Metro Employees Credit Union enhances the financial well-being of its members, reinforcing its pivotal role in the local economy.




This information is meant to be a general summary of Metro 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.

Revenue
$2,081,086 (2022)
Expenses
$1,886,003 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $169,803
  • Program Service Revenue: $1,911,283
  • Gross Receipts: $2,081,086

Assets and Liabilities:

  • Total Assets: $45,153,376
  • Total Liabilities: $40,407,441
  • Net Assets: $4,745,935

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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

$1,134,480

Fees to members

Revenue

$768,445

ATM surcharges to nonmembers

Revenue

$8,358

Organization Details

Founding Year

1940

Principal Officer

Piper Graham

Main Address

1306 Versailles Road, Lexington, KY, 40504

NTEE Category

Code: W60 - Public benefit

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