Overview
What is Life Credit Union?
Life Credit Union is a nonprofit financial institution, located at 2004 Hayes Street No 120, Nashville, TN 37203. Serving approximately 4,000 members, it offers a variety of financial services, including savings, checking accounts, and loans. The union's mission is to build long-term, personal relationships with its members, providing them with quality service that surpasses their expectations. It aims to offer competitively-priced financial services and delivers these in an efficient and cost-effective manner. Life Credit Union's activities involve creating customized loan services along with savings and checking accounts.
Official website here: www.lifecu.org
Is Life Credit Union legitimate?
Life Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Life 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: $170,339
Professional Fundraising Fees: $0
Other Salaries and Wages: $577,181
For more financial information, click here
Official website here: www.lifecu.org
What is the mission statement of Life Credit Union?
Life Credit Union's mission is centered around forming long-term, personalized financial relationships with each member. They offer a wide range of loan services and savings and checking accounts. The union's mission statement emphasizes providing quality, personal service that surpasses member expectations. Their goal is to develop and promote competitively-priced financial services, delivering these services in a professional, convenient, efficient, and cost-effective manner.
Official website here: www.lifecu.org
Who is the CEO of Life Credit Union?
Pam Nolen is the Chair Person of Life Credit Union. The CEO's salary of Life Credit Union is $170,339 and their total compensation is $170,339.
Official website here: www.lifecu.org
What is the revenue of Life Credit Union?
Life Credit Union's revenue in 2020 was $2,184,095.
Official website here: www.lifecu.org
Who are the executives of Life Credit Union and what are their salaries?
The average compensation at Life Credit Union during 2020 was $57,502. There are 13 employees and 12 volunteers at Life Credit Union.
Here are 8 key members and their salaries (Life Credit Union's CEO's salary is $170,339 and their total compensation is $170,339):
- 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
- Compensation: $170,339
- Related: $0
- Other: $0
Official website here: www.lifecu.org
Where can I find the form 990 for Life Credit Union?
Life Credit Union's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.lifecu.org
Learn more at the official website: www.lifecu.org
Mission Statement of Life Credit Union
Life Credit Union, a financial institution dedicated to serving its members, is committed to establishing long-term, personalized financial relationships. Its mission is twofold: firstly, it aims to provide quality service that surpasses the expectations of its members. Secondly, Life Credit Union strives to develop and promote competitively priced financial services. It achieves this goal by delivering these services in a professional, convenient, efficient, and cost-effective manner. This approach ensures that the needs of approximately 4000 members are met or exceeded, encompassing savings, checking, and loan services, as well as consumer research and financial counseling.
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
Life Credit Union significantly impacts its community by fostering personalized, lifelong financial relationships with its members. Serving approximately 4,000 individuals in Nashville, TN, it offers a wide range of financial services, including savings and checking accounts, various loan options, consumer research, and financial counseling.
The organization prioritizes quality, personalized service that meets or exceeds member needs, striving to provide competitively-priced financial solutions. This commitment not only enhances the financial well-being of its members but also contributes to the overall economic stability of the community. By delivering services in a professional, convenient, efficient, and cost-effective manner, Life Credit Union plays a crucial role in empowering its members to achieve their financial goals.
This information is meant to be a general summary of Life 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 2020.
- Investment Income: $41,797
- Program Service Revenue: $1,491,269
- Gross Receipts: $2,184,095
Assets and Liabilities:
- Total Assets: $41,044,841
- Total Liabilities: $37,169,338
- Net Assets: $3,875,503
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
$1,491,269
Organization Details
Founding Year
1958
Phone
(615) 230-5433Principal Officer
Pam Nolen
Main Address
2004 HAYES STREET NO 120, NASHVILLE, TN, 37203
Website
www.lifecu.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Life 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.