Tennessee Employees Credit Union

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

EIN: 620804169 ✦ Nashville, TN ✦ Designated as a 501(c)(14)

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Overview

What is Tennessee Employees Credit Union?

Tennessee Employees Credit Union is a nonprofit organization, specifically a credit union, based in Nashville, Tennessee. With a primary focus on financial services, it offers various loan options to its approximately 2,977 members. The credit union's mission is to provide its members with financial assistance through loans, savings, and other suitable services. Its operations are housed at a specific postal address and are managed by a team of 10 employees.


Official website here: www.tnecu.org

Is Tennessee Employees Credit Union legitimate?

Tennessee Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Tennessee 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: $429,450

For more financial information, click here


Official website here: www.tnecu.org

What is the mission statement of Tennessee Employees Credit Union?

Tennessee Employees Credit Union's mission is centered around providing financial services to its members. Specifically, the credit union aims to serve approximately 2,977 individuals, offering them various financial solutions such as loans and savings. The credit union's activities primarily involve extending these financial services to its members. It should be noted that the credit union provides a range of loan services to its members.


Official website here: www.tnecu.org

Who is the CEO of Tennessee Employees Credit Union?

Tricia Cunningham is the Ceo of Tennessee Employees Credit Union. The CEO's salary of Tennessee Employees Credit Union is $111,300 and their total compensation is $133,455.


Official website here: www.tnecu.org

What is the revenue of Tennessee Employees Credit Union?

Tennessee Employees Credit Union's revenue in 2022 was $1,340,323.


Official website here: www.tnecu.org

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

The average compensation at Tennessee Employees Credit Union during 2022 was $42,945. There are 10 employees and 5 volunteers at Tennessee Employees Credit Union.


Here are 6 key members and their salaries (Tennessee Employees Credit Union's CEO's salary is $111,300 and their total compensation is $133,455):


Tricia Cunningham (Ceo)
  • Compensation: $111,300
  • Related: $0
  • Other: $22,155
Bishakha Vanvoris (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Nielson (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darlene Stringfellow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Chisholm (Board Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joselyn Jones-Settles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tnecu.org

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

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


Official website here: www.tnecu.org

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

Mission Statement of Tennessee Employees Credit Union

Tennessee Employees Credit Union, as a credit union, is dedicated to providing financial services for its approximately 2,977 members. Its mission is to offer a range of services, including loans and savings, aiming to cater to the financial needs of its members. The credit union actively provides loan services to its members, expanding its role beyond just being a financial institution. By offering these services, Tennessee Employees Credit Union contributes to the financial well-being of its members, enabling them to manage their finances effectively.

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Impact




October, 2024

Tennessee Employees Credit Union significantly impacts its community by providing essential financial services to its members. Located in Nashville, TN, the credit union serves approximately 2,977 members, offering a wide range of loan services that cater to their diverse financial needs. By facilitating access to loans and savings options, the credit union empowers its members to make informed financial decisions, manage their resources effectively, and achieve their personal financial goals. This focus on member support not only enhances individual financial well-being but also fosters a sense of community and shared benefit among its members. Through its commitment to providing accessible financial services, Tennessee Employees Credit Union plays a crucial role in promoting financial stability and growth within the Nashville area.




This information is meant to be a general summary of Tennessee 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
$1,340,323 (2022)
Expenses
$1,272,594 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $116,466
  • Program Service Revenue: $1,194,134
  • Gross Receipts: $1,340,323

Assets and Liabilities:

  • Total Assets: $30,516,763
  • Total Liabilities: $24,880,225
  • Net Assets: $5,636,538

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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

$779,365

FEE INCOME

Revenue

$414,769

Organization Details

Founding Year

1969

Principal Officer

Tricia Cunningham

Main Address

P O BOX 198617, NASHVILLE, TN, 372198617

NTEE Category

Code: W60 - Public benefit

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