Maryville Municipal Credit Union

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

EIN: 620883199 ✦ Maryville, TN ✦ Designated as a 501(c)(14)

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Overview

What is Maryville Municipal Credit Union?

Maryville Municipal Credit Union is a local financial institution situated in Maryville, Tennessee, specifically at 321 West Broadway. As a credit union, its primary mission is to serve its approximately 939 members by offering various financial services, including loans and savings options. The credit union boasts a modest workforce of just three employees, dedicated to providing these essential financial services. The institution's activities are centered around meeting the financial needs of its members, contributing to the local community in Maryville, Tennessee.


Official website here: www.mmcutn.com

Is Maryville Municipal Credit Union legitimate?

Maryville Municipal Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Maryville Municipal 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: $153,754

For more financial information, click here


Official website here: www.mmcutn.com

What is the mission statement of Maryville Municipal Credit Union?

The Maryville Municipal Credit Union is committed to providing financial services to its approximately 939 members. Their mission encompasses offering a range of financial services such as loans and savings, aiming to cater to the financial needs of their members. The credit union actively provides various loan services to its members, utilizing these financial tools to assist them in managing their finances.


Official website here: www.mmcutn.com

Who is the CEO of Maryville Municipal Credit Union?

Tom Boyle is the Ceo of Maryville Municipal Credit Union. The CEO's salary of Maryville Municipal Credit Union is $98,170 and their total compensation is $123,065.


Official website here: www.mmcutn.com

What is the revenue of Maryville Municipal Credit Union?

Maryville Municipal Credit Union's revenue in 2022 was $524,256.


Official website here: www.mmcutn.com

Who are the executives of Maryville Municipal Credit Union and what are their salaries?

The average compensation at Maryville Municipal Credit Union during 2022 was $51,251. There are 3 employees and 5 volunteers at Maryville Municipal Credit Union.


Here are 6 key members and their salaries (Maryville Municipal Credit Union's CEO's salary is $98,170 and their total compensation is $123,065):


Tom Boyle (Ceo)
  • Compensation: $98,170
  • Related: $0
  • Other: $24,895
Paul Gilley (Board Chairm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Mccoy (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Stinnett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Loveday (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Walker (Board Vice C)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mmcutn.com

Where can I find the form 990 for Maryville Municipal Credit Union?

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


Official website here: www.mmcutn.com

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

Mission Statement of Maryville Municipal Credit Union

Maryville Municipal Credit Union, as a credit union, is committed to providing financial services to its approximately 939 members. Its mission is centered around offering a range of financial services, including loans and savings, to cater to the needs of its members. The credit union actively provides various loan services to its members, playing a crucial role in their financial well-being.

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Impact




October, 2024

Maryville Municipal Credit Union significantly impacts its community by offering essential financial services tailored to meet the needs of approximately 939 members. By providing a variety of loan services, the credit union fosters financial stability and growth for individuals and families in Maryville, TN. Its focus on member-oriented services encourages savings and promotes responsible borrowing, which contributes to the overall economic well-being of the community. The credit union serves as a vital resource, enabling access to affordable financial products that support both personal and communal financial health. This commitment to serving its members underscores the credit union's role as a key player in enhancing the local economy and empowering residents through accessible financial solutions.




This information is meant to be a general summary of Maryville Municipal 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
$524,256 (2022)
Expenses
$450,751 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $174,914
  • Program Service Revenue: $349,341
  • Gross Receipts: $524,256

Assets and Liabilities:

  • Total Assets: $20,592,734
  • Total Liabilities: $17,846,962
  • Net Assets: $2,745,772

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Programs

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

INTERST ON LOANS

Revenue

$312,052

FEE INCOME

Revenue

$37,289

Organization Details

Founding Year

1972

Principal Officer

Tom Boyle

Main Address

321 WEST BROADWAY, MARYVILLE, TN, 37801

NTEE Category

Code: W60 - Public benefit

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