Overview
What is Whitesville Community Credit Union?
Whitesville Community Credit Union is a community-focused financial institution situated in Whitesville, Kentucky. With a mission to serve its members, the credit union offers various deposit options such as savings, checking, certificates, and other accounts. As of December 31, 2022, the credit union boasts a membership base of 2,182 individuals. The primary objective of Whitesville Community Credit Union is to provide its members with affordable loans and savings and checking accounts that offer a reasonable return and low fees. The credit union employs a team of six dedicated professionals.
Official website here: www.whitesvillecommunitycu.com
Is Whitesville Community Credit Union legitimate?
Whitesville Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Whitesville Community 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: $81,227
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,773
For more financial information, click here
Official website here: www.whitesvillecommunitycu.com
What is the mission statement of Whitesville Community Credit Union?
The Whitesville Community Credit Union is committed to serving its members by offering affordable loans and providing savings and checking accounts with reasonable interest rates and minimal fees. This mission is aimed at ensuring financial accessibility and promoting financial well-being among its members. The credit union provides various deposit account options, including savings, checking, and certificates, catering to the financial needs of its 2,182 members as of December 31, 2022.
Official website here: www.whitesvillecommunitycu.com
Who is the CEO of Whitesville Community Credit Union?
Kim Greer is the Ceo of Whitesville Community Credit Union. The CEO's salary of Whitesville Community Credit Union is $73,379 and their total compensation is $81,227.
Official website here: www.whitesvillecommunitycu.com
What is the revenue of Whitesville Community Credit Union?
Whitesville Community Credit Union's revenue in 2022 was $864,013.
Official website here: www.whitesvillecommunitycu.com
Who are the executives of Whitesville Community Credit Union and what are their salaries?
The average compensation at Whitesville Community Credit Union during 2022 was $43,667. There are 6 employees and 8 volunteers at Whitesville Community Credit Union.
Here are 6 key members and their salaries (Whitesville Community Credit Union's CEO's salary is $73,379 and their total compensation is $81,227):
- Compensation: $73,379
- Related: $0
- Other: $7,848
- 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.whitesvillecommunitycu.com
Where can I find the form 990 for Whitesville Community Credit Union?
Whitesville Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whitesvillecommunitycu.com
Learn more at the official website: www.whitesvillecommunitycu.com
Mission Statement of Whitesville Community Credit Union
Whitesville Community Credit Union, as a nonprofit entity, is committed to serving its members by offering affordable loans and financial services. Their mission is twofold: providing members with savings and checking accounts that offer a reasonable return on investment and imposing minimal fees. This credit union aims to make financial services accessible and affordable to its members, ensuring they can manage their finances effectively and sustainably. By offering a variety of deposit account options, including savings, checking, certificates, and other types, Whitesville Community Credit Union empowers its members to save and borrow money at reasonable rates. As of December 31, 2022, the credit union had over 2,182 members, demonstrating its commitment to serving the financial needs of its community.
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Impact
October, 2024
Whitesville Community Credit Union plays a pivotal role in enhancing the financial well-being of its members in Whitesville, Kentucky. By offering low-cost loans, the credit union helps individuals and families access necessary funds for various needs, fostering economic stability within the community.
In addition to loans, they provide a range of deposit accounts, including savings and checking accounts, designed to deliver fair rates of return and minimize fees. This focus on accessible financial services empowers 2,182 members as of December 31, 2022, enabling them to save, budget, and plan for their future effectively.
Ultimately, Whitesville Community Credit Union contributes to the overall public benefit by promoting responsible financial practices and supporting the local economy through affordable lending and savings options.
This information is meant to be a general summary of Whitesville Community 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 2022.
- Investment Income: $309,315
- Program Service Revenue: $554,698
- Gross Receipts: $864,013
Assets and Liabilities:
- Total Assets: $36,466,413
- Total Liabilities: $33,411,048
- Net Assets: $3,055,365
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees & Charges
Revenue
$177,639
Interest on Loans
Revenue
$317,700
Non-Member ATM Income
Revenue
$6,243
Share Draft Income
Revenue
$53,116
Organization Details
Founding Year
1963
Phone
(270) 233-4447Principal Officer
Kim Greer
Main Address
PO Box 83, Whitesville, KY, 42378
NTEE Category
Code: W60 - Public benefit
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