Overview
What is Patriot Equity Credit Union?
Patriot Equity Credit Union is a financial institution based in Jackson, Tennessee, specifically located at 1450 UNION UNIVERSITY DRIVE. Operating as a credit union, its primary mission is to provide financial services to its approximately 2,698 members. This includes offering a variety of loan services, savings options, and other financial assistance. With a team of 22 dedicated employees, Patriot Equity Credit Union works diligently to meet the financial needs of its members.
Official website here: www.pecujax.org
Is Patriot Equity Credit Union legitimate?
Patriot Equity Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Patriot Equity 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: $597,998
For more financial information, click here
Official website here: www.pecujax.org
What is the mission statement of Patriot Equity Credit Union?
Patriot Equity Credit Union is committed to providing financial services to its approximately 2,698 members. Its mission is to offer a range of financial services, including loans and savings, to cater to the needs of its members. The credit union actively provides various loan services to its members, serving as a crucial financial resource for them.
Official website here: www.pecujax.org
Who is the CEO of Patriot Equity Credit Union?
Fara Hall is the CEO of Patriot Equity Credit Union The CEO's salary of Patriot Equity Credit Union is $104,451 and their total compensation is $109,177.
Official website here: www.pecujax.org
What is the revenue of Patriot Equity Credit Union?
Patriot Equity Credit Union's revenue in 2023 was $2,566,656.
Official website here: www.pecujax.org
Who are the executives of Patriot Equity Credit Union and what are their salaries?
The average compensation at Patriot Equity Credit Union during 2023 was $42,714. There are 14 employees and 7 volunteers at Patriot Equity Credit Union.
Here are 8 key members and their salaries (Patriot Equity Credit Union's CEO's salary is $104,451 and their total compensation is $109,177):
- Compensation: $104,451
- Related: $0
- Other: $4,726
- 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.pecujax.org
Where can I find the form 990 for Patriot Equity Credit Union?
Patriot Equity Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pecujax.org
Learn more at the official website: www.pecujax.org
Mission Statement of Patriot Equity Credit Union
Patriot Equity Credit Union, a credit union, is committed to providing financial services for its approximately 2,698 members. This community-focused organization's mission is to offer a range of financial products and services, including loans and savings, to its members. By doing so, Patriot Equity Credit Union aims to contribute positively to the financial well-being of its members, providing them with the resources they need to manage their finances effectively. The credit union's activities are centered around its members, ensuring they have access to the financial services they require to lead stable and secure financial lives.
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Impact
October, 2024
Patriot Equity Credit Union plays a vital role in enhancing the financial stability and well-being of its community in Jackson, TN, serving approximately 2,698 members. By offering a diverse range of financial services, including various loan options and savings accounts, the credit union empowers its members to achieve their financial goals.
The impact of Patriot Equity extends beyond the individual level, contributing to the overall economic health of the region. By providing accessible credit and financial resources, the credit union fosters financial literacy and inclusion, ensuring that its members have the tools needed to manage their finances effectively. This creates a supportive environment where members can build credit, invest in homes, or finance essential purchases, ultimately leading to empowered individuals and strengthened community ties. Through its commitment to serving its membership, Patriot Equity Credit Union is a key player in promoting economic resilience and public benefit in the heart of Jackson.
This information is meant to be a general summary of Patriot Equity 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 2023.
- Investment Income: $144,596
- Program Service Revenue: $2,364,048
- Gross Receipts: $2,566,656
Assets and Liabilities:
- Total Assets: $38,255,500
- Total Liabilities: $33,688,779
- Net Assets: $4,566,721
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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
$2,084,749
FEE INCOME
Revenue
$279,299
Organization Details
Founding Year
1929
Principal Officer
Fara Hall
Website
www.pecujax.orgNTEE Category
Code: W60 - Public benefit
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