Dixie Line Credit Union

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

EIN: 620631778 ✦ Nashville, TN ✦ Designated as a 501(c)(14)

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Overview

What is Dixie Line Credit Union?

Dixie Line Credit Union is a community-focused financial institution, situated in Nashville, Tennessee. With a mission to serve, it functions as a credit union, providing various financial services to its members. Overseeing its operations is Joe P Burns SR. As a credit union, it offers a range of financial products and services to its members, ensuring they have access to financial resources to meet their needs.

Is Dixie Line Credit Union legitimate?

Dixie Line Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Dixie Line 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: $100,944
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,616

For more financial information, click here

What is the mission statement of Dixie Line Credit Union?

Dixie Line Credit Union functions as a credit union, dedicated to delivering financial services. In its mission, it aims to cater to its members' financial needs as a not-for-profit financial cooperative. The credit union operates with a focus on providing various financial services, serving as a reliable financial partner to its members. While specific details about the organization's objectives beyond basic financial services are not provided, it is understood that Dixie Line Credit Union operates with the goal of supporting its members financially.

Who is the CEO of Dixie Line Credit Union?

Joe P Burns Sr is the Treasurer of Dixie Line Credit Union.

What is the revenue of Dixie Line Credit Union?

Dixie Line Credit Union's revenue in 2022 was $607,520.

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

The average compensation at Dixie Line Credit Union during 2022 was $21,570. There are 8 employees at Dixie Line Credit Union.


Here are 6 key members and their salaries:


Melissia Riddle (Treasurer)
  • Compensation: $52,780
  • Related: $0
  • Other: $0
Jennifer Honea (Manager)
  • Compensation: $48,164
  • Related: $0
  • Other: $0
Joe P Burns Sr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Brasel (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Waynick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Shelton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dixie Line Credit Union?

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

Mission Statement of Dixie Line Credit Union

Dixie Line Credit Union, as a nonprofit organization, is committed to delivering financial services. Acting as a credit union, this institution is dedicated to providing its members with a range of financial products and services. The leadership of Dixie Line Credit Union is entrusted to Joe P Burns SR, who oversees its operations with a focus on member satisfaction and financial well-being. Although the specifics of the credit union's mission, such as community outreach or financial literacy programs, are not provided in the data, it is clear that Dixie Line Credit Union prioritizes financial services for its members. By operating as a credit union, Dixie Line Credit Union offers its members an alternative to traditional banks, often with lower fees and higher interest rates on savings accounts and loans. The mission of Dixie Line Credit Union, at its core, is to serve its members by providing them with accessible and affordable financial services.

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Impact




October, 2024

Dixie Line Credit Union plays a significant role in the Nashville community by providing essential financial services to its members. Operating under the leadership of Joe P Burns SR, the credit union focuses on empowering individuals and families with access to affordable financial products. This impact is evident in how it helps members manage their finances, build savings, and achieve their financial goals.

By offering personalized service and a range of financial options, Dixie Line Credit Union strengthens the local economy and fosters financial stability among its members. Its commitment to serving the public benefit ensures that community needs are prioritized, making financial services more accessible to those who might otherwise struggle to find appropriate support. Overall, Dixie Line Credit Union's impact is reflected in the improved financial well-being of its members and the broader Nashville community.




This information is meant to be a general summary of Dixie Line 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
$607,520 (2022)
Expenses
$490,771 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $55,903
  • Program Service Revenue: $438,603
  • Gross Receipts: $607,520

Assets and Liabilities:

  • Total Assets: $12,133,176
  • Total Liabilities: $9,947,076
  • Net Assets: $2,186,100

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Programs

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

LOAN INTEREST INCOME

Revenue

$438,603

Organization Details

Principal Officer

Joe P Burns Sr

Main Address

567 VERITAS STREET, NASHVILLE, TN, 37211

NTEE Category

Code: W60 - Public benefit

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