Overview
What is Cemc Employees Credit Union?
Cemc Employees Credit Union is a financial institution situated in Clarksville, Tennessee. With a primary focus on serving its members, the credit union offers a range of loan services. Established to cater to approximately 550 individuals, its mission is to provide financial assistance through loans, savings, and various other financial services. The credit union operates with a modest team of five employees, ensuring personalized service and attention to its membership base.
Is Cemc Employees Credit Union legitimate?
Cemc Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cemc 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
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Other Salaries and Wages: $70,794
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What is the mission statement of Cemc Employees Credit Union?
Cemc Employees Credit Union's mission is centered around providing financial services to its approximately 549 members. This includes offering loans and savings services, among other financial offerings. The credit union's primary objective is to cater to its members' financial needs. It is committed to delivering these services effectively, ensuring that its members have access to the financial tools they require. However, the information provided does not detail any specific goals or strategies beyond this basic mission statement.
Who is the CEO of Cemc Employees Credit Union?
Joanie Baggett is the President of Cemc Employees Credit Union.
What is the revenue of Cemc Employees Credit Union?
Cemc Employees Credit Union's revenue in 2022 was $123,556.
Who are the executives of Cemc Employees Credit Union and what are their salaries?
The average compensation at Cemc Employees Credit Union during 2022 was $14,159. There are 5 employees and 11 volunteers at Cemc Employees Credit Union.
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Where can I find the form 990 for Cemc Employees Credit Union?
Cemc Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cemc Employees Credit Union
Cemc Employees Credit Union, as a financial institution, is committed to serving its approximately 549 members. Its mission is to provide a range of financial services, including loans and savings, to cater to the financial needs of its members. The credit union offers various loan services to its members, aiming to support their financial well-being.
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Impact
October, 2024
Cemc Employees Credit Union significantly impacts its community by offering essential financial services tailored to the needs of its approximately 549 members in Clarksville, TN. By providing a variety of loan services, the credit union enables its members to access the funds they need for various life events, such as education, home purchases, and unexpected expenses.
In addition to loans, the credit union promotes financial literacy and savings, helping members achieve their financial goals. The emphasis on community-oriented services ensures that members receive personalized attention and support, fostering a sense of belonging and financial security. By prioritizing the well-being of its members, Cemc Employees Credit Union plays a vital role in improving the economic stability and quality of life within the local community.
This information is meant to be a general summary of Cemc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,329
- Program Service Revenue: $117,227
- Gross Receipts: $123,556
Assets and Liabilities:
- Total Assets: $2,423,611
- Total Liabilities: $1,984,339
- Net Assets: $439,272
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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
$101,993
FEE INCOME
Revenue
$15,234
Organization Details
Founding Year
1994
Phone
(931) 645-2481Principal Officer
Joanie Baggett
Main Address
P O BOX 3300, CLARKSVILLE, TN, 37043
NTEE Category
Code: W60 - Public benefit
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