Mobile Government Employees Credit Union

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

EIN: 630317160 ✦ Mobile, AL ✦ Designated as a 501(c)(14)

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Overview

What is Mobile Government Employees Credit Union?

The Mobile Government Employees Credit Union is a nonprofit organization situated in Mobile, Alabama. With a focus on financial services, this credit union caters to approximately 746 members by offering loans, savings, and various other financial solutions. In essence, its purpose is to provide financial support and assistance to its members, ensuring they have access to essential financial tools. The credit union maintains a staff of four individuals to facilitate these services.


Official website here: www.mobgecu.com

Is Mobile Government Employees Credit Union legitimate?

Mobile Government Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Mobile Government 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: $241,600

For more financial information, click here


Official website here: www.mobgecu.com

What is the mission statement of Mobile Government Employees Credit Union?

The Mobile Government Employees Credit Union is dedicated to providing financial services to its approximately 746 members. This includes offering loans, savings, and various other financial services. The primary mission of the credit union is to cater to its members' financial needs, ensuring they have access to essential financial tools. The credit union's activities are centered around providing these services, aiming to meet the financial requirements of its members effectively.


Official website here: www.mobgecu.com

Who is the CEO of Mobile Government Employees Credit Union?

Winifred Maiben is the Manager/Bod of Mobile Government Employees Credit Union.


Official website here: www.mobgecu.com

What is the revenue of Mobile Government Employees Credit Union?

Mobile Government Employees Credit Union's revenue in 2022 was $482,433.


Official website here: www.mobgecu.com

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

The average compensation at Mobile Government Employees Credit Union during 2022 was $60,400. There are 4 employees and 10 volunteers at Mobile Government Employees Credit Union.


Here are 11 key members and their salaries:


Winifred Maiben (Manager/Bod)
  • Compensation: $71,620
  • Related: $0
  • Other: $0
Debra Bradshaw (Board Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Driskell (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Flakes (Board Vice P)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Hicks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Ivey (Supervi Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Locklier (Credit Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clara Potter (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Rodgers (Credit Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lita Trotter (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Williams (Credit Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mobgecu.com

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

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


Official website here: www.mobgecu.com

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

Mission Statement of Mobile Government Employees Credit Union

Mobile Government Employees Credit Union, as a credit union, is dedicated to providing financial services to its approximately 746 members. Their mission is to offer a range of services, including loans and savings, aiming to cater to the financial needs of their members. The credit union is committed to offering these services with the goal of improving the financial well-being of its members.

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Impact




October, 2024

Mobile Government Employees Credit Union significantly impacts its community by delivering essential financial services tailored to the needs of its approximately 746 members. By offering a variety of loan services, the credit union plays a critical role in empowering individuals to achieve their financial goals. This support fosters financial stability, encourages saving, and promotes responsible borrowing among its members in Mobile, Alabama. The credit union's focus on serving its members ensures equitable access to financial resources, ultimately contributing to the overall economic well-being of the community.




This information is meant to be a general summary of Mobile Government 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
$482,433 (2022)
Expenses
$474,261 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $360,201
  • Program Service Revenue: $122,232
  • Gross Receipts: $482,433

Assets and Liabilities:

  • Total Assets: $22,863,008
  • Total Liabilities: $19,630,982
  • Net Assets: $3,232,026

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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

$112,865

FEE INCOME

Revenue

$9,367

Organization Details

Founding Year

1928

Principal Officer

Winifred Maiben

Main Address

PO BOX 2288, MOBILE, AL, 366280001

NTEE Category

Code: W60 - Public benefit

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