Jack Daniel Employees Credit Union

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

EIN: 621014489 ✦ Lynchburg, TN ✦ Designated as a 501(c)(14)

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Overview

What is Jack Daniel Employees Credit Union?

Jack Daniel Employees Credit Union is a nonprofit organization situated in Lynchburg, Tennessee. With a small team of eight dedicated individuals, the credit union offers loan facilities, both secured and unsecured, to its approximately 2,800 members. Their services extend beyond loans, providing various deposit options such as drafts, savings accounts, certificates of deposit (CDs), and Individual Retirement Accounts (IRAs). The primary mission of this credit union is to cater to the financial needs of its members, ensuring access to essential financial services.


Official website here: www.jdecu.org

Is Jack Daniel Employees Credit Union legitimate?

Jack Daniel Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Jack Daniel 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: $224,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $264,821

For more financial information, click here


Official website here: www.jdecu.org

What is the mission statement of Jack Daniel Employees Credit Union?

The Jack Daniel Employees Credit Union serves as a credit intermediary and offers various financial services to its approximately 2,800 members. Its mission is to provide loan facilities and depository accounts, including drafts, savings, Certificates of Deposit (CD's), Individual Retirement Accounts (IRA's), and other financial services. The organization offers loan facilities in both signature and collateralized varieties. In essence, it aims to support the financial needs of its members through credit and savings facilities.


Official website here: www.jdecu.org

Who is the CEO of Jack Daniel Employees Credit Union?

Pam Case is the Ceo of Jack Daniel Employees Credit Union. The CEO's salary of Jack Daniel Employees Credit Union is $110,008 and their total compensation is $110,008.


Official website here: www.jdecu.org

What is the revenue of Jack Daniel Employees Credit Union?

Jack Daniel Employees Credit Union's revenue in 2022 was $1,923,888.


Official website here: www.jdecu.org

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

The average compensation at Jack Daniel Employees Credit Union during 2022 was $61,173. There are 8 employees and 13 volunteers at Jack Daniel Employees Credit Union.


Here are 16 key members and their salaries (Jack Daniel Employees Credit Union's CEO's salary is $110,008 and their total compensation is $110,008):


Pam Case (Ceo)
  • Compensation: $110,008
  • Related: $0
  • Other: $0
Jessica Horton (Compliance Offi)
  • Compensation: $59,973
  • Related: $0
  • Other: $0
Sunya Dangerfield (Operations)
  • Compensation: $54,580
  • Related: $0
  • Other: $0
George Nolen (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Hatfield (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Cauble (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony T Mckenzie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Fletcher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Parks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dusty Hardin (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Camilla Shelton (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Whitt (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lacey Ray (Credit Com)
  • Compensation: $0
  • Related: $0
  • Other: $0
W Parks Norman (Credit Com)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Hornaday (Credit Com)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita Camp (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jdecu.org

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

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


Official website here: www.jdecu.org

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

Mission Statement of Jack Daniel Employees Credit Union

Jack Daniel Employees Credit Union, as a credit intermediary and financial services provider, is committed to serving approximately 2,800 members. Its mission is to offer a range of financial services, including loan facilities and depository accounts such as drafts, savings, Certificates of Deposit (CDs), and Individual Retirement Accounts (IRAs). The credit union provides both signature and collateralized loan facilities, catering to the diverse financial needs of its members. The organization's mission is to support its members financially, offering them the necessary financial tools to manage their finances effectively.

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Impact




October, 2024

Jack Daniel Employees Credit Union plays a significant role in the financial well-being of its approximately 2,800 members in Lynchburg, TN. By offering a variety of loan facilities, including signature and collateralized loans, the credit union enables members to access the funds they need for various personal or financial goals.

In addition to loans, the credit union provides a range of depository accounts, such as draft accounts, savings accounts, CDs, and IRAs, which help members manage their finances effectively and save for the future. This array of financial services fosters a supportive community where members can build their financial stability and security.

Overall, Jack Daniel Employees Credit Union serves as a vital financial intermediary, empowering its members through accessible and tailored financial solutions that contribute to their overall prosperity and quality of life.




This information is meant to be a general summary of Jack Daniel 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
$1,923,888 (2022)
Expenses
$1,571,133 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $115,217
  • Program Service Revenue: $1,501,509
  • Gross Receipts: $1,923,888

Assets and Liabilities:

  • Total Assets: $45,817,005
  • Total Liabilities: $41,362,045
  • Net Assets: $4,454,960

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Programs

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

Fee Income

Revenue

$129,015

Loan Interest

Revenue

$1,372,494

Organization Details

Founding Year

1987

Principal Officer

Pam Case

Main Address

PO Box 199, Lynchburg, TN, 37352

NTEE Category

Code: W60 - Public benefit

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