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Chem Family Credit Union

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

EIN: 636043518 ✦ Anniston, AL ✦ Designated as a 501(c)(14)

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Overview

What is Chem Family Credit Union?

Chem Family Credit Union is a financial institution situated in Anniston, Alabama, specifically at 702 Clydesdale Avenue. Serving as a credit union, it offers savings and loan services primarily to its members, who are either employees or retirees of Eastman Corporation. The credit union's mission is to provide banking, loan, and savings services to its affiliated community, contributing to their financial well-being. With a small team of one employee, Chem Family Credit Union continues to cater to its members' financial needs.


Official website here: www.creditunionaccess.com

Is Chem Family Credit Union legitimate?

Chem Family Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Chem Family 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: $34,970
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.creditunionaccess.com

What is the mission statement of Chem Family Credit Union?

The Chem Family Credit Union is dedicated to serving its member base, primarily composed of employees and retirees from Eastman Corporation. Its mission is to offer banking, loan, and savings services to these members, ensuring financial well-being and security. The credit union strives to provide its members with essential financial tools, fostering financial stability and growth within the community. Additionally, it works towards establishing strong relationships with its members, offering personalized and reliable services.


Official website here: www.creditunionaccess.com

Who is the CEO of Chem Family Credit Union?

Alan Rutherford is the President of Chem Family Credit Union.


Official website here: www.creditunionaccess.com

What is the revenue of Chem Family Credit Union?

Chem Family Credit Union's revenue in 2022 was $80,624.


Official website here: www.creditunionaccess.com

Who are the executives of Chem Family Credit Union and what are their salaries?

The average compensation at Chem Family Credit Union during 2022 was $34,970. There is 1 employee at Chem Family Credit Union.


Here are 8 key members and their salaries:


Michelle Spurlin (Bd Of Directors Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Thrasher (Bd Of Directors Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Moore (Bd Of Directors Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry L Brown (Bd Of Directors Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Rutherford (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Norton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda V Heifner (Treasurer Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trenice Martin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.creditunionaccess.com

Where can I find the form 990 for Chem Family Credit Union?

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


Official website here: www.creditunionaccess.com

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

Mission Statement of Chem Family Credit Union

Chem Family Credit Union is a mission-driven financial institution that focuses on offering banking, loan, and savings services to its members. These members primarily consist of employees and retirees of Eastman Corporation. The credit union's primary objective is to provide these individuals with financial resources and tools to manage their financial well-being effectively. By offering various services, Chem Family Credit Union aims to help its members achieve their financial goals and improve their financial stability. The credit union's mission is rooted in its commitment to serving the unique financial needs of its members, ensuring they have access to reliable and convenient financial services.

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Impact




October, 2024

Chem Family Credit Union plays a significant role in the financial well-being of its members, who are employees and retirees of Eastman Corporation. By offering a range of banking services, including savings accounts and loans, the credit union fosters a sense of community and financial stability among its members.

The services provided by Chem Family Credit Union allow members to access affordable financial solutions tailored to their specific needs, enabling them to effectively manage their finances. This support contributes not only to individual financial health but also strengthens the overall economic fabric of the Anniston, AL area.

Furthermore, by prioritizing the welfare of its members, Chem Family Credit Union enhances public benefit, ensuring that those who have dedicated their careers to Eastman Corporation have a reliable banking partner to support their financial goals. This impact resonates within the community, fostering trust and encouraging responsible financial practices among its members.




This information is meant to be a general summary of Chem Family 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
$80,624 (2022)
Expenses
$80,543 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $41,309
  • Gross Receipts: $80,624

Assets and Liabilities:

  • Total Assets: $7,263,600
  • Total Liabilities: $13,605
  • Net Assets: $7,249,995

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Organization Details

Founding Year

1928

Principal Officer

Alan Rutherford

Main Address

702 CLYDESDALE AVENUE, ANNISTON, AL, 36201

NTEE Category

Code: W61 - Public benefit

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