Overview
What is Tva Community Credit Union?
Tva Community Credit Union, located at 1405 South Wilson Dam Road in Muscle Shalls, Alabama (ZIP code 35661), is a credit union that caters to approximately 19,343 members. Their mission is to offer a range of financial services, encompassing loans, savings, and other financial products. The credit union, with a team of 101 employees, aims to make a difference in the financial lives of its members.
Official website here: www.tvaccu.com
Is Tva Community Credit Union legitimate?
Tva Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Tva Community 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,643,407
For more financial information, click here
What is the mission statement of Tva Community Credit Union?
Tva Community Credit Union is committed to delivering financial services to its approximately 19,343 members. Their mission lies in providing access to various loan options, savings accounts, and other financial services. The credit union's primary goal is to cater to the financial needs of its members, offering them essential financial tools to manage their personal and household finances. Through its diverse range of services, Tva Community Credit Union aims to help members improve their financial situation and build a better future. By focusing on the unique requirements of each member, the credit union fosters long-term relationships and positions itself as a trusted financial partner.
Official website here: www.tvaccu.com
Who is the CEO of Tva Community Credit Union?
Sammy Clements is the Ceo of Tva Community Credit Union. The CEO's salary of Tva Community Credit Union is $160,399 and their total compensation is $197,977.
Official website here: www.tvaccu.com
What is the revenue of Tva Community Credit Union?
Who are the executives of Tva Community Credit Union and what are their salaries?
The average compensation at Tva Community Credit Union during 2022 was $26,172. There are 101 employees and 12 volunteers at Tva Community Credit Union.
Here are 16 key members and their salaries (Tva Community Credit Union's CEO's salary is $160,399 and their total compensation is $197,977):
- Kimball Burkett (Ceo)
- Pam Green (Retired)
- Sammy Clements (Ceo)
- Sherry Vaughn (Cfo)
- John Allgood (Board Member) [Trustee/Director]
- Timothy Cornelius (Board Member) [Trustee/Director]
- Claude Eubanks (Board Member) [Trustee/Director]
- Joan Marsh (Board Member) [Trustee/Director]
- Lewis Frederick (Chairman) [Trustee/Director]
- Mary J Ligon (Board Member) [Trustee/Director]
- Larry Softley (Vice Chair) [Trustee/Director]
- Cameron Kay (Supervisory) [Trustee/Director]
- Frances Weatherford (Secretary/Tr) [Trustee/Director]
- James Jim Green (Board Mem)
- David Nichols (Supervisory)
- John Soileau (Supervisory)
Official website here: www.tvaccu.com
Where can I find the form 990 for Tva Community Credit Union?
The Tva Community Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.tvaccu.com
Learn more at the official website: www.tvaccu.com
Mission Statement of Tva Community Credit Union
Tva Community Credit Union, a notable credit union, is dedicated to providing financial services to its approximately 19,343 members. In essence, this financial institution goes beyond the typical transactional relationship with its members, aiming to offer them a range of loan, savings, and other financial services.
With a strong commitment to its members, Tva Community Credit Union strives to ensure financial inclusivity. By providing various loan services, the credit union enables its members to access the funds they need for various life events, such as purchasing a home or investing in education. The credit union's offering of savings services also empowers its members to save for future financial goals and build a stronger financial foundation.
The mission of Tva Community Credit Union transcends the mere provision of financial services. By fostering a member-owned and member-controlled organization, it creates a sense of community among its members. This cooperative model allows the credit union to prioritize the financial well-being of each member, making it a reliable and trusted financial partner for them.
The credit union's activities extend beyond the transactions it processes daily. By providing financial education and resources, Tva Community Credit Union aims to help its members make informed financial decisions. This approach not only strengthens the relationship between the credit union and its members but also empowers them to take control of their financial futures.
In summary, Tva Community Credit Union is a mission-driven financial institution that provides financial services to its members with a strong commitment to financial inclusivity, community, and empowerment. It offers a variety of loan and savings services, prioritizes the financial well-being of each member, and fosters a cooperative model that encourages financial education and decision-making.
Impact
This information is meant to be a general summary of Tva Community Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
TVA Community Credit Union has a significant impact on its community by providing essential financial services to its members. With a mission to serve approximately 19,343 members through loans, savings, and other financial services, the credit union plays a crucial role in supporting the financial well-being of individuals and families in Muscle Shoals, Alabama. Through its activities, TVA Community Credit Union helps its members achieve their financial goals and improve their overall quality of life.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$5,348,568
FEE INCOME
Revenue
$1,720,511
Organization Details
Founding Year
1936
Phone
(256) 386-3000
Principal Officer
Sammy Clements
Main Address
1405 SOUTH WILSON DAM ROAD, MUSCLE SHOALS, AL, 35661
Website
www.tvaccu.com
NTEE Category
Code: W60 - Public benefit
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