Tennessee Department Of Safety Credit Union

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

EIN: 621099217 ✦ Nashville, TN ✦ Designated as a 501(c)(14)

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Overview

What is Tennessee Department Of Safety Credit Union?

The Tennessee Department of Safety Credit Union is a financial institution headquartered at 1150 Foster Avenue, Nashville, Tennessee. As a credit union, its mission is to serve its approximately 1,495 members by offering a range of financial services, including loans and savings plans. With a small team of five employees, the credit union provides these services to its members, helping them manage their finances effectively.


Official website here: www.tdoscu.com

Is Tennessee Department Of Safety Credit Union legitimate?

Tennessee Department Of Safety Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Tennessee Department Of Safety 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: $112,281

For more financial information, click here


Official website here: www.tdoscu.com

What is the mission statement of Tennessee Department Of Safety Credit Union?

The Tennessee Department of Safety Credit Union's mission is centered around providing financial services to its members. Specifically, it aims to cater to approximately 1,495 individuals, offering them a range of financial solutions such as loans and savings. The credit union's activities primarily involve providing these services, contributing to the financial well-being of its member base.


Official website here: www.tdoscu.com

Who is the CEO of Tennessee Department Of Safety Credit Union?

Karen Allred is the Manager of Tennessee Department Of Safety Credit Union.


Official website here: www.tdoscu.com

What is the revenue of Tennessee Department Of Safety Credit Union?

Tennessee Department Of Safety Credit Union's revenue in 2022 was $387,124.


Official website here: www.tdoscu.com

Who are the executives of Tennessee Department Of Safety Credit Union and what are their salaries?

The average compensation at Tennessee Department Of Safety Credit Union during 2022 was $22,456. There are 5 employees and 9 volunteers at Tennessee Department Of Safety Credit Union.


Here are 10 key members and their salaries:


Karen Allred (Manager)
  • Compensation: $63,580
  • Related: $0
  • Other: $38,643
Jerri Seigrist (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Strawther (Board Vice-P)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cox (Board Mem At)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dereck Stewart (Board Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charolette Austin (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Wakefield (Credit Com C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany Morgan (Credti Com M)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Knight (Credit Com M)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Kellogg (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tdoscu.com

Where can I find the form 990 for Tennessee Department Of Safety Credit Union?

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


Official website here: www.tdoscu.com

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

Mission Statement of Tennessee Department Of Safety Credit Union

The Tennessee Department of Safety Credit Union, as a credit union, is dedicated to providing financial services for its approximately 1,495 members. Its primary mission is to offer a range of financial services, including loans and savings, to cater to the needs of its members. The credit union aims to contribute positively to the financial well-being of its members, providing them with the necessary financial tools to manage their finances effectively. By offering various loan services, the credit union empowers its members to meet their financial obligations and achieve their financial goals.

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Impact




October, 2024

Tennessee Department of Safety Credit Union plays a significant role in enhancing the financial well-being of its members in Nashville, TN. By offering a variety of loan services, savings options, and other financial services, the credit union supports approximately 1,495 members in achieving their financial goals. The availability of tailored financial products helps members secure loans for personal needs, fostering financial stability within the community. Furthermore, by prioritizing the needs of its members, the credit union contributes to a culture of mutual support and financial literacy, ultimately promoting a robust local economy.




This information is meant to be a general summary of Tennessee Department Of Safety 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
$387,124 (2022)
Expenses
$221,510 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,157
  • Program Service Revenue: $375,967
  • Gross Receipts: $387,124

Assets and Liabilities:

  • Total Assets: $10,345,078
  • Total Liabilities: $8,135,683
  • Net Assets: $2,209,395

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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

$354,353

FEE INCOME

Revenue

$21,614

Organization Details

Founding Year

1992

Principal Officer

Karen Allred

Main Address

1150 FOSTER AVENUE, NASHVILLE, TN, 37243

NTEE Category

Code: W60 - Public benefit

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