Blue Flame Credit Union

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

EIN: 630357412 ✦ Mobile, AL ✦ Designated as a 501(c)(14)

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Overview

What is Blue Flame Credit Union?

Blue Flame Credit Union is a nonprofit organization located at 220 Furr Street, Mobile, Alabama, 36607. With a staff of around 4 individuals, their primary mission is to facilitate thrift opportunities and offer affordable loans to their nearly 1,000 members. Their aim is to promote financial well-being within the community by providing accessible and cost-effective credit solutions.


Official website here: www.blueflamecreditunion.org

Is Blue Flame Credit Union legitimate?

Blue Flame Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Blue Flame 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: $64,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,661

For more financial information, click here


Official website here: www.blueflamecreditunion.org

What is the mission statement of Blue Flame Credit Union?

Blue Flame Credit Union is committed to offering its membership thrift opportunities and providing them with affordable loan services. This mission is aimed at benefiting a substantial number of approximately 1,000 members. The credit union employs strategies to promote these financial advantages, contributing to financial well-being within its membership base.


Official website here: www.blueflamecreditunion.org

Who is the CEO of Blue Flame Credit Union?

Jackie Wiley is the President of Blue Flame Credit Union.


Official website here: www.blueflamecreditunion.org

What is the revenue of Blue Flame Credit Union?

Blue Flame Credit Union's revenue in 2022 was $378,093.


Official website here: www.blueflamecreditunion.org

Who are the executives of Blue Flame Credit Union and what are their salaries?

The average compensation at Blue Flame Credit Union during 2022 was $35,153. There are 4 employees at Blue Flame Credit Union.


Here are 6 key members and their salaries:


Pat Mckeown (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Alex Haupt (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Keegan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorna Hodges (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Muscat (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Wiley (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.blueflamecreditunion.org

Where can I find the form 990 for Blue Flame Credit Union?

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


Official website here: www.blueflamecreditunion.org

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

Mission Statement of Blue Flame Credit Union

Blue Flame Credit Union is committed to its mission of offering thrift opportunities and providing affordable loans to its members. This mission is aimed at empowering its nearly 1,000 members by offering them financially viable solutions. The credit union's primary objective is to make financial services accessible and affordable, thereby promoting financial stability among its members.

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Impact




October, 2024

Blue Flame Credit Union has a significant impact on the Mobile, AL community by promoting financial empowerment and accessibility. By serving nearly 1,000 members, the credit union offers thrift opportunities and low-cost loans that help individuals manage their finances effectively. This assistance not only fosters a culture of saving but also provides critical support for members in need of affordable credit options. Blue Flame Credit Union’s commitment to serving its members enhances financial stability and promotes overall economic well-being in the community.




This information is meant to be a general summary of Blue Flame 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
$378,093 (2022)
Expenses
$294,689 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36,236
  • Program Service Revenue: $296,009
  • Gross Receipts: $378,093

Assets and Liabilities:

  • Total Assets: $9,922,204
  • Total Liabilities: $8,610,331
  • Net Assets: $1,311,873

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Programs

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

Loan interest income

Revenue

$296,009

Organization Details

Founding Year

1954

Principal Officer

Jackie Wiley

Main Address

220 Furr Street, Mobile, AL, 36607

NTEE Category

Code: W60 - Public benefit

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