Ups Employees Credit Union

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

EIN: 621092964 ✦ Memphis, TN ✦ Designated as a 501(c)(14)

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Overview

What is Ups Employees Credit Union?

Ups Employees Credit Union is a financial institution located at 1814 East Brooks Road, Memphis, Tennessee 38116. As a credit union, its primary mission is to serve its approximately 5,777 members by providing various financial services. This includes offering loans and savings options, aiming to cater to their financial needs effectively. The credit union operates with a dedicated team of nine employees, ensuring they can provide personalized and efficient services to their members.


Official website here: www.upscu.org

Is Ups Employees Credit Union legitimate?

Ups Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Ups 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: $559,973

For more financial information, click here


Official website here: www.upscu.org

What is the mission statement of Ups Employees Credit Union?

Ups Employees Credit Union's mission is centered around providing financial services to its members. Specifically, it aims to serve approximately 5,777 individuals by offering loans, savings, and various other financial services. The credit union has been active in providing a variety of loan services to its members, demonstrating its commitment to financial well-being.


Official website here: www.upscu.org

Who is the CEO of Ups Employees Credit Union?

Blake Wood is the Ceo/Presiden of Ups Employees Credit Union. The CEO's salary of Ups Employees Credit Union is $96,928 and their total compensation is $116,772.


Official website here: www.upscu.org

What is the revenue of Ups Employees Credit Union?

Ups Employees Credit Union's revenue in 2022 was $2,135,124.


Official website here: www.upscu.org

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

The average compensation at Ups Employees Credit Union during 2022 was $62,219. There are 9 employees and 5 volunteers at Ups Employees Credit Union.


Here are 6 key members and their salaries (Ups Employees Credit Union's CEO's salary is $96,928 and their total compensation is $116,772):


Blake Wood (Ceo/Presiden)
  • Compensation: $96,928
  • Related: $0
  • Other: $19,844
Katherine Clark (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Wayne Holobaugh (Board Chairm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Hope (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Thompson (Board Vice C)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Chris Weaks (Board Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.upscu.org

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

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


Official website here: www.upscu.org

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

Mission Statement of Ups Employees Credit Union

Ups Employees Credit Union, as a credit union, is committed to providing financial services for its approximately 5,777 members. Its mission is to offer a range of financial services, including loans and savings, to cater to the needs of its members. The credit union provides various loan services to its members, aiming to support them financially. By offering loans, savings, and other financial services, Ups Employees Credit Union seeks to contribute positively to the financial well-being of its members.

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Impact




October, 2024

Ups Employees Credit Union plays a significant role in the financial well-being of its community by providing essential financial services tailored to its members. Located in Memphis, TN, the credit union serves approximately 5,777 members, offering a variety of loan services, savings opportunities, and other financial products.

By focusing on the needs of its members, Ups Employees Credit Union fosters financial literacy and stability, empowering individuals to make informed financial decisions. The credit union's commitment to providing personalized service enhances the economic resilience of its community, creating a positive ripple effect that benefits both its members and the broader local economy. Through its offerings, it not only supports individual financial growth but also contributes to the overall public benefit in Memphis.




This information is meant to be a general summary of Ups 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
$2,135,124 (2022)
Expenses
$1,530,705 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $101,110
  • Program Service Revenue: $1,922,610
  • Gross Receipts: $2,135,124

Assets and Liabilities:

  • Total Assets: $37,942,626
  • Total Liabilities: $30,358,279
  • Net Assets: $7,584,347

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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

$1,601,961

FEE INCOME

Revenue

$320,649

Organization Details

Principal Officer

Blake Wood

Main Address

1814 EAST BROOKS ROAD, MEMPHIS, TN, 38116

NTEE Category

Code: W60 - Public benefit

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