State Chartered Credit Unions In Mississippi

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

EIN: 640333575 ✦ Vicksburg, MS ✦ Designated as a 501(c)(14)

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Overview

What is State Chartered Credit Unions In Mississippi?

State Chartered Credit Unions in Mississippi is a financial institution based in Vicksburg, Mississippi. With a workforce of 96 employees, the organization offers competitive dividend rates and interest rates on loans, as well as various other financial products and services for its members. The mission of the credit union is to be a trusted financial provider for its members and the communities it serves. The credit union focuses on delivering exceptional financial solutions to its members.


Official website here: www.mutualcu.org

Is State Chartered Credit Unions In Mississippi legitimate?

State Chartered Credit Unions In Mississippi is a legitimate nonprofit organization registered as a 501(c)(14) entity. State Chartered Credit Unions In Mississippi 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: $4,194,058

For more financial information, click here


Official website here: www.mutualcu.org

What is the mission statement of State Chartered Credit Unions In Mississippi?

State Chartered Credit Unions in Mississippi aim to be a trusted financial partner for their members by providing exceptional products and services. Their mission is to serve and benefit their members, prioritizing competitive dividend rates and loan interest rates. They are dedicated to delivering financial solutions that cater to the needs of their community. Their commitment extends beyond financial services, as they strive to build strong and lasting relationships with their members. By focusing on member satisfaction, these credit unions aim to make a positive impact on the lives of those they serve.


Official website here: www.mutualcu.org

Who is the CEO of State Chartered Credit Unions In Mississippi?

Michael Mathews is the Ceo of State Chartered Credit Unions In Mississippi. The CEO's salary of State Chartered Credit Unions In Mississippi is $259,101 and their total compensation is $259,101.


Official website here: www.mutualcu.org

What is the revenue of State Chartered Credit Unions In Mississippi?

State Chartered Credit Unions In Mississippi's revenue in 2022 was $17,518,110.


Official website here: www.mutualcu.org

Who are the executives of State Chartered Credit Unions In Mississippi and what are their salaries?

The average compensation at State Chartered Credit Unions In Mississippi during 2022 was $43,688. There are 96 employees and 9 volunteers at State Chartered Credit Unions In Mississippi.


Here are 18 key members and their salaries (State Chartered Credit Unions In Mississippi's CEO's salary is $259,101 and their total compensation is $259,101):


Michael Mathews (Ceo)
  • Compensation: $259,101
  • Related: $0
  • Other: $0
Jennifer Lynne Mcmillin (Cfo)
  • Compensation: $126,172
  • Related: $0
  • Other: $0
Christy Pecanty (Vp It)
  • Compensation: $100,706
  • Related: $0
  • Other: $0
Jerry Dean (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Murrell (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tonya Acuff (Secretary)
  • Compensation: $1,224
  • Related: $0
  • Other: $0
Rick Vessell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Hardy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Tom (Director)
  • Compensation: $768
  • Related: $0
  • Other: $0
Jeb Tingle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Bridges (Director)
  • Compensation: $1,160
  • Related: $0
  • Other: $0
Charlie Mckinnie (Supervisory Committee Chairman)
  • Compensation: $2,538
  • Related: $0
  • Other: $0
Ben Luckett (Supervisory Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Harper (Supervisory Committee)
  • Compensation: $1,966
  • Related: $0
  • Other: $0
Alicia Bounds (Associate Volunteer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Gullett (Associate Volunteer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Schrader (Associate Volunteer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Hendrix (Director)
  • Compensation: $859
  • Related: $0
  • Other: $0


Official website here: www.mutualcu.org

Where can I find the form 990 for State Chartered Credit Unions In Mississippi?

State Chartered Credit Unions In Mississippi's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mutualcu.org

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

Mission Statement of State Chartered Credit Unions In Mississippi

State Chartered Credit Unions in Mississippi, a trusted financial institution, is dedicated to providing exceptional products and services to its members and the communities it serves. With a mission to be the most reliable financial partner, it offers a range of competitive financial solutions.

The organization prides itself on delivering dividend rates and favorable interest rates on loans, ensuring its members can manage their finances effectively. By focusing on the needs of its members, State Chartered Credit Unions in Mississippi builds strong relationships and fosters financial growth within its community.

In addition to offering financial products, the credit union is committed to serving its members and the community. It strives to be more than just a financial institution, aiming to make a positive impact on the lives of those it serves. By providing exceptional service and competitive financial offerings, State Chartered Credit Unions in Mississippi aims to help its members thrive and contribute to the betterment of their communities.

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Impact




October, 2024

State Chartered Credit Unions in Mississippi play a significant role in enhancing the financial well-being of their members and the communities in which they operate. By offering competitive dividend rates and attractive interest rates on loans, they provide accessible and affordable financial products that help individuals and families achieve their financial goals.

Their commitment to being a trusted provider fosters a sense of community and support among members, encouraging responsible financial practices and education. The financial service programs offered not only enhance individual financial health but also contribute to the overall economic vitality of the local area, promoting growth and stability.

The presence of these credit unions in Vicksburg and beyond ensures that members have access to tailored financial solutions that meet their unique needs, making them an integral part of the financial landscape in Mississippi. Through their dedicated service, they strengthen community ties and support members in navigating their financial journeys.




This information is meant to be a general summary of State Chartered Credit Unions In Mississippi. 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
$17,518,110 (2022)
Expenses
$14,397,549 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,124,727
  • Program Service Revenue: $7,443,215
  • Gross Receipts: $26,452,624

Assets and Liabilities:

  • Total Assets: $292,779,445
  • Total Liabilities: $275,031,239
  • Net Assets: $17,748,206

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Programs

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

Interest on Member Loans

Revenue

$7,443,215

Organization Details

Founding Year

1931

Principal Officer

Michael Mathews

Main Address

PO BOX 25, VICKSBURG, MS, 391810025

NTEE Category

Code: W60 - Public benefit

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