Greater Eastern Credit Union

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

EIN: 620731807 ✦ Johnson city, TN ✦ Designated as a 501(c)(14)

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Overview

What is Greater Eastern Credit Union?

Greater Eastern Credit Union is a nonprofit financial institution situated in Johnson City, Tennessee. With a mission to serve its approximately 4,045 members, the credit union offers a range of loan and savings services. Established at P.O. Box 5132, the credit union employs a team of 22 individuals dedicated to providing financial assistance and support to its members. Despite the limited information provided, it is evident that the Greater Eastern Credit Union plays a crucial role in helping its members manage their finances effectively.


Official website here: www.greatereastern.org

What do the Facebook reviews say about Greater Eastern Credit Union?

86% of the 18 reviewers on Facebook recommend Greater Eastern Credit Union. Here is a summary of their reviews:

Most users express a positive experience with the team at GECU, highlighting the friendliness and helpfulness of the staff. One user specifically noted satisfaction with bringing a family member on board, showing that the credit union cultivates a supportive environment that encourages family involvement.

Overall, it seems that members appreciate the community feel and personalized service they receive, contributing to a strong sense of loyalty to the organization.


This AI summary has been generated from reviews found on Facebook.

Is Greater Eastern Credit Union legitimate?

Greater Eastern Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Greater Eastern 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: $767,003

For more financial information, click here


Official website here: www.greatereastern.org

What is the mission statement of Greater Eastern Credit Union?

Greater Eastern Credit Union is dedicated to serving its approximately 4,045 members by providing a range of financial services, including loans and savings options. The primary mission of this credit union is to offer these services, aiming to meet the financial needs of its member base. The credit union has a focus on delivering these financial solutions, contributing to the financial well-being of its members. In summary, Greater Eastern Credit Union is committed to providing financial assistance to its members, encompassing various loan services.


Official website here: www.greatereastern.org

Who is the CEO of Greater Eastern Credit Union?

Samantha Cantrell is the Ceo of Greater Eastern Credit Union. The CEO's salary of Greater Eastern Credit Union is $69,771 and their total compensation is $87,079.


Official website here: www.greatereastern.org

What is the revenue of Greater Eastern Credit Union?

Greater Eastern Credit Union's revenue in 2022 was $2,779,243.


Official website here: www.greatereastern.org

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

The average compensation at Greater Eastern Credit Union during 2022 was $34,864. There are 22 employees and 4 volunteers at Greater Eastern Credit Union.


Here are 5 key members and their salaries (Greater Eastern Credit Union's CEO's salary is $69,771 and their total compensation is $87,079):


Samantha Cantrell (Ceo)
  • Compensation: $69,771
  • Related: $0
  • Other: $17,308
Tracy Fields (Coo)
  • Compensation: $70,786
  • Related: $0
  • Other: $24,673
Lynice Broyles (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Gail Kyker (Board Vice C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Scharberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greatereastern.org

Where can I find the form 990 for Greater Eastern Credit Union?

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


Official website here: www.greatereastern.org

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

Mission Statement of Greater Eastern Credit Union

Greater Eastern Credit Union, as a credit union, is dedicated to providing financial services for its approximately 4,045 members. Its mission is to offer a range of financial products and services, including loans and savings, to its members. The credit union aims to cater to the financial needs of its members, ensuring they have access to essential financial tools. By providing these services, Greater Eastern Credit Union seeks to contribute positively to its members' financial well-being.

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Impact




October, 2024

Greater Eastern Credit Union significantly impacts the community by offering a range of financial services designed to support its approximately 4,045 members. Located in Johnson City, TN, the credit union provides essential loan services, allowing members to access the funds they need for various personal and financial goals. By facilitating loans, savings, and other financial services, Greater Eastern Credit Union fosters financial stability and empowerment among its members, contributing to the overall economic well-being of the community. This commitment to serving its members aligns with its mission to enhance public benefit through accessible financial solutions.




This information is meant to be a general summary of Greater Eastern 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
$2,779,243 (2022)
Expenses
$2,289,113 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $280,565
  • Program Service Revenue: $2,054,839
  • Gross Receipts: $2,779,243

Assets and Liabilities:

  • Total Assets: $60,219,676
  • Total Liabilities: $52,946,304
  • Net Assets: $7,273,372

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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

$1,611,179

FEE INCOME

Revenue

$443,660

Organization Details

Principal Officer

Samantha Cantrell

Main Address

P O BOX 5130, JOHNSON CITY, TN, 37602

NTEE Category

Code: W60 - Public benefit

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