Holley Credit Union

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

EIN: 620576362 ✦ Paris, TN ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Holley Credit Union?

Holley Credit Union is a nonprofit financial institution, headquartered in Paris, Tennessee, with a postal address at P O Box 607. Their primary mission is to offer financial services to approximately 7,414 members, providing them with loans, savings, and various other financial solutions. The credit union, with a team of 16 employees, aims to support its members' financial needs, contributing to their financial well-being.


Official website here: www.holleycreditunion.org

Is Holley Credit Union legitimate?

Holley Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Holley 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: $704,304

For more financial information, click here


Official website here: www.holleycreditunion.org

What is the mission statement of Holley Credit Union?

Holley Credit Union's mission is centered around providing financial services to its approximately 7,414 members. This encompasses offering a range of loan, savings, and other financial services. The credit union actively provides loan services to its membership base.


Official website here: www.holleycreditunion.org

Who is the CEO of Holley Credit Union?

Van Bowden is the Ceo/Manager of Holley Credit Union. The CEO's salary of Holley Credit Union is $108,157 and their total compensation is $153,230.


Official website here: www.holleycreditunion.org

What is the revenue of Holley Credit Union?

Holley Credit Union's revenue in 2022 was $3,269,395.


Official website here: www.holleycreditunion.org

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

The average compensation at Holley Credit Union during 2022 was $44,019. There are 16 employees and 10 volunteers at Holley Credit Union.


Here are 13 key members and their salaries (Holley Credit Union's CEO's salary is $108,157 and their total compensation is $153,230):


Van Bowden (Ceo/Manager)
  • Compensation: $108,157
  • Related: $0
  • Other: $45,073
Amanda Phifer (Vp Of Compli)
  • Compensation: $81,000
  • Related: $0
  • Other: $9,795
Jenny Mcclain (Vp Of Operat)
  • Compensation: $81,000
  • Related: $0
  • Other: $11,902
Dale Mitchell Evans (Board Chairm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gale Tharpe (Board Vice C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Hayes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Perry (Board Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Veazey (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Lassiter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Jackson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Howard (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy J Nance (Superviosry)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Neal (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.holleycreditunion.org

Where can I find the form 990 for Holley Credit Union?

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


Official website here: www.holleycreditunion.org

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

Mission Statement of Holley Credit Union

Holley Credit Union, a credit union by nature, is dedicated to providing financial services to its approximately 7,414 members. The mission of this financial institution is to offer a range of services, including loans and savings, designed to cater to the financial needs of its members. By offering these services, Holley Credit Union aims to contribute positively to the financial well-being of its members, providing them with the tools they need to manage their finances effectively. The credit union's activities are centered around this mission, ensuring that its members have access to the financial services they require.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Holley Credit Union significantly impacts the financial well-being of its community in Paris, TN, by offering a variety of financial services to its approximately 7,414 members. The credit union provides essential loan services, which enable individuals and families to achieve their financial goals, whether it’s purchasing a home, financing a vehicle, or managing unexpected expenses. By fostering a supportive environment for savings and investment, Holley Credit Union enhances members' financial literacy and stability. Its commitment to serving the local community not only helps individuals grow their financial resources but also contributes to the overall economic health of the region. Through its varied offerings, Holley Credit Union plays an integral role in promoting financial accessibility and empowerment among its members.




This information is meant to be a general summary of Holley 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
$3,269,395 (2022)
Expenses
$2,283,711 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $128,104
  • Program Service Revenue: $2,727,005
  • Gross Receipts: $3,269,395

Assets and Liabilities:

  • Total Assets: $80,913,431
  • Total Liabilities: $70,949,957
  • Net Assets: $9,963,474

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$2,236,532

FEE INCOME

Revenue

$490,473

Organization Details

Founding Year

1993

Principal Officer

Van Bowden

Main Address

P O BOX 607, PARIS, TN, 38242

NTEE Category

Code: W60 - Public benefit

If you are a representative of Holley Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.