St Thomas Credit Union

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

EIN: 626047295 ✦ Nashville, TN ✦ Designated as a 501(c)(14)

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Overview

What is St Thomas Credit Union?

St. Thomas Credit Union is a nonprofit organization situated in Nashville, Tennessee, specifically at 4230 Harding Road Suite 103, where it offers financial and educational services to its membership. With a team of 12 dedicated individuals, the credit union is committed to delivering financial service and education to its member base. The credit union operates with the aim of enhancing the financial well-being of its members, providing them with the necessary tools and resources to manage their finances effectively.


Official website here: www.stthomascu.org

Is St Thomas Credit Union legitimate?

St Thomas Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. St Thomas 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: $142,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $269,832

For more financial information, click here


Official website here: www.stthomascu.org

What is the mission statement of St Thomas Credit Union?

St. Thomas Credit Union is committed to offering financial services and educational resources to its membership base. Their mission, in essence, is to cater to the financial needs of their members while also providing them with essential educational tools. The credit union aims to provide a comprehensive financial solution to its members, ensuring they have the necessary resources to manage their finances effectively. By offering educational services, the credit union also seeks to empower its members, enabling them to make informed financial decisions. The credit union's activities are centered around providing financial and educational services, thereby fostering financial literacy and financial well-being within its membership.


Official website here: www.stthomascu.org

Who is the CEO of St Thomas Credit Union?

William Dunn is the President of St Thomas Credit Union.


Official website here: www.stthomascu.org

What is the revenue of St Thomas Credit Union?

St Thomas Credit Union's revenue in 2022 was $1,631,828.


Official website here: www.stthomascu.org

Who are the executives of St Thomas Credit Union and what are their salaries?

The average compensation at St Thomas Credit Union during 2022 was $34,397. There are 12 employees and 13 volunteers at St Thomas Credit Union.


Here are 9 key members and their salaries:


Chloe Nguyen (Vice President)
  • Compensation: $75,993
  • Related: $75,993
  • Other: $0
William Dunn (President)
  • Compensation: $66,938
  • Related: $66,938
  • Other: $0
John Raphael (Board Of Directors-Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Poteete (Board Of Directors-Vice Chair Person)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Warren (Board Of Directors-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Smith (Board Member-Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derrick Cox (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Cummings (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Hooper (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stthomascu.org

Where can I find the form 990 for St Thomas Credit Union?

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


Official website here: www.stthomascu.org

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

Mission Statement of St Thomas Credit Union

St. Thomas Credit Union is dedicated to delivering financial services and educational resources to its membership base. In essence, the credit union's mission is centered around providing its members with financial assistance and educational support. This mission is encapsulated in the statement, "Credit union providing financial service and education to membership base." By offering these services, St. Thomas Credit Union aims to empower its members and contribute to their financial well-being. The credit union's mission is to serve its members effectively, ensuring they have the necessary financial tools and knowledge to make informed decisions.

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Impact




October, 2024

St. Thomas Credit Union significantly impacts the Nashville community by offering essential financial services and education to its members. By providing accessible banking options, such as loans and savings accounts, it empowers individuals and families to achieve their financial goals. The credit union emphasizes financial literacy, equipping its membership with the knowledge and skills necessary to make informed financial decisions. This commitment to education fosters economic stability and growth within the community, ultimately contributing to a stronger, more financially informed populace. Through its services, St. Thomas Credit Union helps uplift its members, promoting public benefit and enhancing the overall quality of life in Nashville.




This information is meant to be a general summary of St Thomas 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
$1,631,828 (2022)
Expenses
$1,445,021 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $92,351
  • Program Service Revenue: $1,539,477
  • Gross Receipts: $1,631,828

Assets and Liabilities:

  • Total Assets: $35,431,757
  • Total Liabilities: $31,874,067
  • Net Assets: $3,557,690

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Programs

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

loans and other fee income

Revenue

$1,539,477

Organization Details

Founding Year

1959

Principal Officer

William Dunn

Main Address

4230 HARDING ROAD SUITE 103, NASHVILLE, TN, 37205

NTEE Category

Code: W60 - Public benefit

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