Omc Employees Credit Union

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

EIN: 620812280 ✦ Charleston, TN ✦ Designated as a 501(c)(14)

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Overview

What is Omc Employees Credit Union?

Omc Employees Credit Union is a financial institution situated in Charleston, Tennessee, with a postal address at PO Box 828. Its primary mission is to cater to the financial needs of its approximately 2,203 members by offering a range of services, including loans, savings, and other financial products. With a small team of eight dedicated employees, the credit union provides these services to its members, ensuring they have access to necessary financial resources.


Official website here: www.omcecu.com

Is Omc Employees Credit Union legitimate?

Omc Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Omc 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: $231,800

For more financial information, click here


Official website here: www.omcecu.com

What is the mission statement of Omc Employees Credit Union?

Omc Employees Credit Union's primary mission is to offer financial services to its membership base. Specifically, the credit union aims to serve approximately 2,203 members by providing loans, savings, and various other financial services. The credit union's activities are focused on meeting the financial needs of its members, showcasing its dedication to supporting its member community. The credit union provides a variety of loan services, indicating its commitment to offering a range of financial solutions to its members.


Official website here: www.omcecu.com

Who is the CEO of Omc Employees Credit Union?

Stephanie Young is the Ceo of Omc Employees Credit Union. The CEO's salary of Omc Employees Credit Union is $71,245 and their total compensation is $73,745.


Official website here: www.omcecu.com

What is the revenue of Omc Employees Credit Union?

Omc Employees Credit Union's revenue in 2022 was $674,430.


Official website here: www.omcecu.com

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

The average compensation at Omc Employees Credit Union during 2022 was $28,975. There are 8 employees and 10 volunteers at Omc Employees Credit Union.


Here are 11 key members and their salaries (Omc Employees Credit Union's CEO's salary is $71,245 and their total compensation is $73,745):


Stephanie Young (Ceo)
  • Compensation: $71,245
  • Related: $0
  • Other: $2,500
Trendel Hodges (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Shelton (Board 1St Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenya Warren (Board 2Nd Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Litz (Board Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Hauber (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Javis Howard (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jogn Reiter (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Parker (Credit Com M)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Thomas (Credit Com M)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittany Huggins (Credit Com M)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.omcecu.com

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

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


Official website here: www.omcecu.com

Learn more at the official website: www.omcecu.com

Mission Statement of Omc Employees Credit Union

Omc Employees Credit Union, as a credit union, is dedicated to providing financial services for its approximately 2,203 members. Their mission is to offer a range of financial services, including loans and savings, to cater to the needs of their members. The credit union takes pride in providing these services, ensuring that its members have access to the financial tools they require. This commitment to service is evident in the variety of loan services the credit union offers to its members.

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Impact




October, 2024

Omc Employees Credit Union plays a significant role in enhancing the financial well-being of its approximately 2,203 members in Charleston, TN. By offering a range of financial services, including various loan options and savings plans, the credit union contributes to the economic empowerment of its community. Members gain access to affordable financing solutions, which can help them achieve personal goals such as home ownership, education, or starting a business.

The credit union’s commitment to providing tailored financial services fosters a sense of community and trust among its members. This not only supports individual financial health but also promotes economic stability in the area. Through its operations, Omc Employees Credit Union helps stimulate the local economy by enabling members to make significant purchases, invest in their future, and improve their overall quality of life.




This information is meant to be a general summary of Omc 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
$674,430 (2022)
Expenses
$600,110 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $137,376
  • Program Service Revenue: $531,738
  • Gross Receipts: $674,430

Assets and Liabilities:

  • Total Assets: $31,871,942
  • Total Liabilities: $29,357,810
  • Net Assets: $2,514,132

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTERES ON LOANS

Revenue

$472,599

FEE INCOME

Revenue

$59,139

Organization Details

Principal Officer

Stephanie Young

Main Address

P O BOX 828, CHARLESTON, TN, 37310

NTEE Category

Code: W60 - Public benefit

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