Aub Employees Credit Union

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

EIN: 620794334 ✦ Athens, TN ✦ Designated as a 501(c)(14)

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Overview

What is Aub Employees Credit Union?

Aub Employees Credit Union is a small-scale financial institution based in Athens, Tennessee, with an address at 100 Englewood Road. This nonprofit organization is committed to serving its approximately 240 members by offering a wide range of financial services, primarily focusing on loans, savings, and other related financial products. With a modest workforce of two employees, Aub Employees Credit Union aims to support its members' financial needs and help them manage their finances effectively.

Is Aub Employees Credit Union legitimate?

Aub Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Aub 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: $26,911

For more financial information, click here

What is the mission statement of Aub Employees Credit Union?

Aub Employees Credit Union's mission is centered around providing financial services to its approximately 240 members. This encompasses offering loans, savings, and various other financial services. The credit union's activities are primarily focused on serving its members' financial needs. While specific details about the credit union's broader goals or advocacy efforts are not provided, it is clear that their primary focus is on delivering financial services to their member base.

Who is the CEO of Aub Employees Credit Union?

Myrl Vaughn is the Manager/Trea of Aub Employees Credit Union.

What is the revenue of Aub Employees Credit Union?

Aub Employees Credit Union's revenue in 2022 was $62,870.

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

The average compensation at Aub Employees Credit Union during 2022 was $13,456. There are 2 employees and 11 volunteers at Aub Employees Credit Union.


Here are 12 key members and their salaries:


Myrl Vaughn (Manager/Trea)
  • Compensation: $17,340
  • Related: $0
  • Other: $0
Sean Jaquish (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiekiesha Sharp (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wynaka Arnwine (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rex Wilcox (Board Vice P)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Gunn (Supervisor C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Parsons (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Goins (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randell Millsaps (Credit Com M)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Brymer (Credit Com C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyliss White (Membership O)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Millsaps (Security Off)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Aub Employees Credit Union?

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

Mission Statement of Aub Employees Credit Union

Aub Employees Credit Union, as a credit union, is dedicated to providing financial services for its approximately 240 members. Its primary mission is to offer a range of financial services, including loans and savings, to cater to the needs of its members. The credit union takes pride in serving its community by providing these services, aiming to support its members in managing their finances effectively. The credit union's activities are centered around offering loan services to its members, ensuring they have the financial resources they need for various purposes.

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Impact




October, 2024

Aub Employees Credit Union plays a crucial role in enhancing the financial well-being of its members in Athens, TN. By offering a variety of loan services and savings options, the credit union effectively supports approximately 240 members in achieving their financial goals.

Through accessible financial services, Aub Employees Credit Union empowers its members by providing them with opportunities for responsible borrowing and saving. The impact is felt not only in individual financial improvements but also in fostering a sense of community and support among members.

By focusing on public benefit, the credit union helps to cultivate financial literacy and stability, ensuring that members have the tools and resources they need to navigate their financial journeys effectively.




This information is meant to be a general summary of Aub 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
$62,870 (2022)
Expenses
$62,234 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $62
  • Program Service Revenue: $62,808
  • Gross Receipts: $62,870

Assets and Liabilities:

  • Total Assets: $2,012,682
  • Total Liabilities: $1,624,504
  • Net Assets: $388,178

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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

$62,157

FEE INCOME

Revenue

$651

Organization Details

Founding Year

1994

Principal Officer

Myrl Vaughn

Main Address

100 ENGLEWOOD RD, ATHENS, TN, 37371

NTEE Category

Code: W60 - Public benefit

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