Overview
What is Employee Resources Credit Union?
Employee Resources Credit Union, situated in Lawrenceburg, Tennessee, serves as a financial institution for its approximately 20,755 members. Their primary mission is to offer a range of financial services, including loans and savings options. With a team of 55 dedicated employees, this credit union is committed to catering to its members' financial needs, ensuring they have access to essential banking services.
Official website here: www.ercu.org
Is Employee Resources Credit Union legitimate?
Employee Resources Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Employee Resources 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: $2,106,218
For more financial information, click here
Official website here: www.ercu.org
What is the mission statement of Employee Resources Credit Union?
The Employee Resources Credit Union's mission is centered around providing financial services to its approximately 20,755 members. This encompasses offering loans, savings, and various other financial services. In essence, the credit union's purpose is to assist its members in managing their finances effectively. While the provided information is brief, it suggests that the credit union's mission is to serve its members financially, contributing to their financial well-being.
Official website here: www.ercu.org
What is the revenue of Employee Resources Credit Union?
Employee Resources Credit Union's revenue in 2023 was $8,673,266.
Official website here: www.ercu.org
Who are the executives of Employee Resources Credit Union and what are their salaries?
The average compensation at Employee Resources Credit Union during 2023 was $36,951. There are 57 employees and 11 volunteers at Employee Resources Credit Union.
Here are 12 key members and their salaries:
- Compensation: $179,068
- Related: $0
- Other: $52,780
- 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ercu.org
Where can I find the form 990 for Employee Resources Credit Union?
Employee Resources Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ercu.org
Learn more at the official website: www.ercu.org
Mission Statement of Employee Resources Credit Union
Employee Resources Credit Union, as a credit union, is committed to providing financial services to its approximately 20,755 members. Its mission is to offer a range of financial solutions, including loans and savings, aimed at meeting the financial needs of its members. The credit union takes pride in delivering these services, ensuring its members have access to reliable and beneficial financial solutions.
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Impact
October, 2024
Employee Resources Credit Union significantly impacts its community by providing essential financial services tailored to the needs of approximately 20,755 members. Located in Lawrenceburg, TN, the credit union focuses on offering a variety of loan services, which help its members achieve their financial goals, manage expenses, and support personal and professional growth.
By facilitating access to loans and savings options, Employee Resources Credit Union empowers its members to make informed financial decisions and build a secure financial future. This commitment to supporting individual financial well-being strengthens the overall economic health of the community, fostering a culture of financial literacy and responsibility. Through its member-centric approach, the credit union not only meets immediate financial needs but also contributes to long-term community development and prosperity.
This information is meant to be a general summary of Employee Resources 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 2023.
- Investment Income: $259,057
- Program Service Revenue: $8,148,855
- Gross Receipts: $8,673,266
Assets and Liabilities:
- Total Assets: $136,034,491
- Total Liabilities: $122,937,510
- Net Assets: $13,096,981
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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
$6,075,457
FEE INCOME
Revenue
$2,073,398
Organization Details
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