Overview
What is Chemco Credit Union?
Chemco Credit Union is a financial institution functioning as a credit union, situated beyond the scope of the provided information. Serving its members, Chemco Credit Union extends loan facilities, granting a total of 129 loans in 2021 as part of its programs. This nonprofit organization's primary mission revolves around lending, contributing to the financial needs of its members.
Is Chemco Credit Union legitimate?
Chemco Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Chemco 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: $83,375
For more financial information, click here
What is the mission statement of Chemco Credit Union?
Chemco Credit Union, functioning as a credit union, primarily focuses on granting loans to its membership base. In the year 2021, it provided 129 loans as part of its programs. As a financial institution, its primary objective lies in offering loan services to its members.
Who is the CEO of Chemco Credit Union?
Dana Dickey is the Secretary of Chemco Credit Union.
What is the revenue of Chemco Credit Union?
Chemco Credit Union's revenue in 2022 was $184,092.
Who are the executives of Chemco Credit Union and what are their salaries?
The average compensation at Chemco Credit Union during 2022 was $41,688. There are 2 employees at Chemco Credit Union.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Chemco Credit Union?
Chemco Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chemco Credit Union
Chemco Credit Union, as a financial institution, is dedicated to providing loans to its members. Its primary mission is to extend financial assistance to its members, having granted 129 loans as part of its programs in 2021. Operating as a credit union, Chemco Credit Union is committed to serving its members' financial needs, offering them loan opportunities that contribute to their financial wellbeing.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Chemco Credit Union plays a significant role in the financial well-being of its members in McIntosh, AL. By granting loans to individuals, it has facilitated access to capital and support, enabling community members to achieve their financial goals. In 2021 alone, Chemco provided 129 loans through its programs, demonstrating a strong commitment to fostering economic growth within the community.
This financial institution not only aids members in securing funds for personal needs but also contributes to overall community development. The loans offered by Chemco allow individuals to make important purchases, invest in education, start businesses, and manage emergencies, thereby enhancing the quality of life for many. Through these efforts, Chemco Credit Union reflects its mission of serving its members and supporting the broader public benefit.
This information is meant to be a general summary of Chemco 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.
- Program Service Revenue: $184,092
- Gross Receipts: $184,092
Assets and Liabilities:
- Total Assets: $5,809,043
- Total Liabilities: $4,990,679
- Net Assets: $818,364
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$137,173
OTHER INCOME
Revenue
$46,919
Organization Details
Founding Year
1953
Principal Officer
Dana Dickey
Main Address
1638 INDUSTRIAL RD, MC INTOSH, AL, 36553
NTEE Category
Code: W60 - Public benefit
If you are a representative of Chemco Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.