Overview
What is Kemba Louisville Credit Union?
Kemba Louisville Credit Union is a 4,508-member financial institution established to cater to the needs of Kroger employees and employees from related companies Zenith and Transservice. The uncompensated volunteer board of directors oversee the operations of this credit union, with a mission to deliver exceptional financial services to its members through various programs. Kemba Louisville Credit Union operates with the primary objective of serving its member base effectively.
Official website here: www.kembaky.org
Is Kemba Louisville Credit Union legitimate?
Kemba Louisville Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Kemba Louisville 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: $125,119
Professional Fundraising Fees: $0
Other Salaries and Wages: $498,701
For more financial information, click here
Official website here: www.kembaky.org
What is the mission statement of Kemba Louisville Credit Union?
Kemba Louisville Credit Union, serving over 4,500 members, is a not-for-profit organization established for the benefit of Kroger employees and related companies, Zenith and Transservice. The credit union's primary mission is to provide financial services to its membership. The board of directors, all uncompensated volunteers, oversee its operations, ensuring the credit union adheres to its mission. Kemba Louisville Credit Union aims to offer its members various programs to enhance their financial well-being. It operates with the aim of catering to the financial needs of its members effectively.
Official website here: www.kembaky.org
What is the revenue of Kemba Louisville Credit Union?
Kemba Louisville Credit Union's revenue in 2024 was $2,883,897.
Official website here: www.kembaky.org
Who are the executives of Kemba Louisville Credit Union and what are their salaries?
The average compensation at Kemba Louisville Credit Union during 2024 was $38,989. There are 16 employees at Kemba Louisville Credit Union.
Here are 8 key members and their salaries:
- Compensation: $125,119
- 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.kembaky.org
Where can I find the form 990 for Kemba Louisville Credit Union?
Kemba Louisville Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.kembaky.org
Learn more at the official website: www.kembaky.org
Mission Statement of Kemba Louisville Credit Union
Kemba Louisville Credit Union, a 4,508-member institution, is established and managed for the benefit of Kroger employees and employees from related companies, Zenith and Transservice. This not-for-profit credit union's primary mission is to deliver comprehensive financial services to its members. The organization is governed by an uncompensated board of directors who volunteer their time to oversee the credit union's operations. By providing various programs, Kemba Louisville Credit Union aims to meet the financial needs of its Kroger and related company employee members.
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Impact
October, 2024
Kemba Louisville Credit Union has made a significant impact by providing essential financial services to its members, specifically benefiting Kroger employees and those from related companies like Zenith and Transservice. With a membership base of 4,508, Kemba focuses on fostering financial well-being within the workforce it serves.
The credit union offers a range of financial programs tailored to meet the unique needs of its members, ensuring access to affordable banking options, loans, and savings products. By operating with a volunteer board of directors, Kemba emphasizes community and member-driven governance, further strengthening its commitment to the welfare of its members.
This focus on community and financial empowerment has positioned Kemba Louisville Credit Union as a vital resource for its members, contributing to their financial stability and growth in the Louisville area.
This information is meant to be a general summary of Kemba Louisville 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.
- Program Service Revenue: $2,871,924
- Gross Receipts: $2,883,897
Assets and Liabilities:
- Total Assets: $61,617,658
- Total Liabilities: $50,219,400
- Net Assets: $11,398,258
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INCOME
Revenue
$1,127,039
INVESTMENT INCOME
Revenue
$1,353,703
FEES & CHARGES
Revenue
$318,688
OTHER OPERATING INCOME
Revenue
$72,494
Organization Details
Founding Year
1934
Principal Officer
Mark Edwards
Website
www.kembaky.orgNTEE Category
Code: W60 - Public benefit
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