Kimberly Clark Credit Union

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

EIN: 620497719 ✦ Memphis, TN ✦ Designated as a 501(c)(14)

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Overview

What is Kimberly Clark Credit Union?

Kimberly Clark Credit Union, located in Memphis, Tennessee, serves as a financial institution for its approximately 10,619 members. Established with a mission to provide financial services, the credit union offers a range of loans, savings, and other financial solutions. With a team of 32 employees, the credit union provides these services to its members at 1520 NORTH SECOND STREET, contributing to the financial well-being of its community.


Official website here: www.kimberlyclarkcu.org

What do the Facebook reviews say about Kimberly Clark Credit Union?

With two reviews currently available for Kimberly Clark Credit Union on Facebook, the sentiment appears positive but limited due to the small sample size. One reviewer highlighted how the credit union provided helpful support during a time of need, expressing appreciation for their assistance with cash flow.

While there isn't a broad range of feedback to draw upon, the positive comment suggests that the credit union is responsive and willing to help its members in times of financial difficulty. Overall, it seems that Kimberly Clark Credit Union is on the right track in delivering support to its users.


This AI summary has been generated from reviews found on Facebook.

Is Kimberly Clark Credit Union legitimate?

Kimberly Clark Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Kimberly Clark 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: $1,673,569

For more financial information, click here


Official website here: www.kimberlyclarkcu.org

What is the mission statement of Kimberly Clark Credit Union?

Kimberly Clark Credit Union's mission is centered around providing financial services to its members. Specifically, it aims to serve approximately 10,619 members by offering a range of financial services such as loans and savings options. The credit union's activities primarily focus on catering to the financial needs of its members. While the provided information does not detail the specifics of their mission beyond financial services, it can be inferred that they strive to support their members in managing their finances effectively.


Official website here: www.kimberlyclarkcu.org

Who is the CEO of Kimberly Clark Credit Union?

Joel Forbess is the President/Ce of Kimberly Clark Credit Union.


Official website here: www.kimberlyclarkcu.org

What is the revenue of Kimberly Clark Credit Union?

Kimberly Clark Credit Union's revenue in 2022 was $6,309,687.


Official website here: www.kimberlyclarkcu.org

Who are the executives of Kimberly Clark Credit Union and what are their salaries?

The average compensation at Kimberly Clark Credit Union during 2022 was $52,299. There are 32 employees and 11 volunteers at Kimberly Clark Credit Union.


Here are 9 key members and their salaries:


Joel Forbess (President/Ce)
  • Compensation: $164,732
  • Related: $0
  • Other: $105,991
Keith Bingham (Board Chairm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Riley (Board Vice C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremiah Harris (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ira Eastman (Board Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikita Boyland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warrie Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dena Word (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Lumley (Associate Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kimberlyclarkcu.org

Where can I find the form 990 for Kimberly Clark Credit Union?

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


Official website here: www.kimberlyclarkcu.org

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

Mission Statement of Kimberly Clark Credit Union

Kimberly Clark Credit Union, as a credit union, is committed to providing financial services to its approximately 10,619 members. Its mission is to offer a range of services, including loans and savings, aimed at meeting the financial needs of its members. The credit union's activities are centered around providing these financial services, ensuring financial well-being for its members.

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Impact




October, 2024

Kimberly Clark Credit Union plays a significant role in the financial well-being of its members by providing essential services tailored to their needs. Located in Memphis, TN, the credit union serves approximately 10,619 members, offering a variety of loan services, savings options, and other financial products that empower individuals to achieve their financial goals. By fostering a sense of community and supporting its members with accessible financial solutions, Kimberly Clark Credit Union enhances financial literacy and stability, creating a positive impact within the region.




This information is meant to be a general summary of Kimberly Clark 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
$6,309,687 (2022)
Expenses
$5,309,200 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $684,783
  • Program Service Revenue: $4,945,470
  • Gross Receipts: $6,309,687

Assets and Liabilities:

  • Total Assets: $132,407,018
  • Total Liabilities: $102,211,886
  • Net Assets: $30,195,132

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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

$4,514,697

FEE INCOME

Revenue

$430,773

Organization Details

Founding Year

1947

Principal Officer

Joel Forbess

Main Address

1520 NORTH SECOND STREET, MEMPHIS, TN, 38107

NTEE Category

Code: W60 - Public benefit

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