Johnsonville Tva Employees Credit Union

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

EIN: 620678664 ✦ Camden, TN ✦ Designated as a 501(c)(14)

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Overview

What is Johnsonville Tva Employees Credit Union?

Johnsonville TVA Employees Credit Union is a financial institution based in Camden, Tennessee. Established to serve its members, the credit union offers a range of loan services, including savings and other financial solutions. With approximately 10,257 members, the credit union employs a team of 36 individuals to ensure the delivery of these services effectively. The credit union's mission is to provide financial assistance to its members, contributing to their overall financial well-being.


Official website here: www.jtvaecu.org

Is Johnsonville Tva Employees Credit Union legitimate?

Johnsonville Tva Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Johnsonville Tva Employees 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: $1,331,860

For more financial information, click here


Official website here: www.jtvaecu.org

What is the mission statement of Johnsonville Tva Employees Credit Union?

Johnsonville TVA Employees Credit Union's mission is centered around providing financial services to its members, with a current membership of approximately 10,257 individuals. The credit union offers a range of financial services, including loans and savings, to cater to the financial needs of its members. The primary objective of Johnsonville TVA Employees Credit Union is to serve its members effectively, offering them various financial solutions.


Official website here: www.jtvaecu.org

Who is the CEO of Johnsonville Tva Employees Credit Union?

Michael Warren is the Manager/Ceo of Johnsonville Tva Employees Credit Union. The CEO's salary of Johnsonville Tva Employees Credit Union is $100,707 and their total compensation is $139,193.


Official website here: www.jtvaecu.org

What is the revenue of Johnsonville Tva Employees Credit Union?

Johnsonville Tva Employees Credit Union's revenue in 2022 was $5,400,399.


Official website here: www.jtvaecu.org

Who are the executives of Johnsonville Tva Employees Credit Union and what are their salaries?

The average compensation at Johnsonville Tva Employees Credit Union during 2022 was $36,996. There are 36 employees and 7 volunteers at Johnsonville Tva Employees Credit Union.


Here are 10 key members and their salaries (Johnsonville Tva Employees Credit Union's CEO's salary is $100,707 and their total compensation is $139,193):


Michael Warren (Manager/Ceo)
  • Compensation: $100,707
  • Related: $0
  • Other: $38,486
John Bond (Vp/Finance)
  • Compensation: $91,234
  • Related: $0
  • Other: $0
Teena Barnett (Assistant Ma)
  • Compensation: $72,913
  • Related: $0
  • Other: $30,848
Jerry Damesworth (Bod Presiden)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond A Barnes (Bd Vp/Sc Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Beasley (Bod Member/)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Christopher (Bod Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Jane Triplett (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Eblen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jtvaecu.org

Where can I find the form 990 for Johnsonville Tva Employees Credit Union?

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


Official website here: www.jtvaecu.org

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

Mission Statement of Johnsonville Tva Employees Credit Union

Johnsonville TVA Employees Credit Union is committed to providing financial services to its approximately 10,257 members. In line with its mission, the credit union offers a range of services, primarily focusing on loans and savings. This nonprofit organization strives to meet the financial needs of its members, ensuring they have access to essential financial resources. The credit union's activities are centered around offering loans, which serve as a vital tool for members to manage their financial situations, whether for personal or business purposes.

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Impact




October, 2024

Johnsonville TVA Employees Credit Union plays a significant role in the financial well-being of its approximately 10,257 members in Camden, TN. By offering a range of loan services and savings options, the credit union empowers its members to achieve their financial goals and navigate economic challenges.

The credit union's commitment to providing accessible financial services fosters a supportive community atmosphere. By focusing on the needs of its members, it facilitates better financial literacy and responsible borrowing practices. In doing so, Johnsonville TVA Employees Credit Union not only enhances individual financial stability but also contributes to the overall economic health of the local community. Its dedication to serving members allows it to make a meaningful impact, ensuring that residents have the necessary tools and support to succeed financially.




This information is meant to be a general summary of Johnsonville Tva Employees 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
$5,400,399 (2022)
Expenses
$3,942,936 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $452,537
  • Program Service Revenue: $3,985,498
  • Gross Receipts: $5,400,399

Assets and Liabilities:

  • Total Assets: $144,344,492
  • Total Liabilities: $125,577,082
  • Net Assets: $18,767,410

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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

$3,392,448

FEE INCOME

Revenue

$593,050

Organization Details

Founding Year

1952

Principal Officer

Michael Warren

Main Address

209 HIGHWAY 641 N, CAMDEN, TN, 38320

NTEE Category

Code: W60 - Public benefit

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