Mississippi Credit Union League Inc

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

EIN: 640334054 ✦ Jackson, MS ✦ Designated as a 501(c)(6)

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Overview

What is Mississippi Credit Union League Inc?

Mississippi Credit Union League Inc is a nonprofit organization committed to aiding Mississippi's credit unions. Their primary mission is to provide assistance and support to these financial institutions, ensuring they operate effectively and serve their members well. The organization remains dedicated to upholding the credit union movement's values and promoting financial literacy within the state.


Official website here: www.mscua.com

Is Mississippi Credit Union League Inc legitimate?

Mississippi Credit Union League Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Mississippi Credit Union League Inc 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: $452,705

For more financial information, click here


Official website here: www.mscua.com

What is the mission statement of Mississippi Credit Union League Inc?

The Mississippi Credit Union League Inc is dedicated to providing assistance to Mississippi-based credit unions. Their mission is to support these financial institutions in various capacities, aiming to foster their growth and success. The League's activities are geared towards strengthening the credit union sector, ensuring they can effectively serve their members and contribute positively to the local community. They may offer resources, training, advocacy, and related services to help credit unions thrive and meet the financial needs of their members. However, the provided information does not contain specific details about the methods or goals beyond providing assistance to Mississippi credit unions.


Official website here: www.mscua.com

Who is the CEO of Mississippi Credit Union League Inc?

Charles E Elliott Jr is the President/Ce of Mississippi Credit Union League Inc.


Official website here: www.mscua.com

What is the revenue of Mississippi Credit Union League Inc?

Mississippi Credit Union League Inc's revenue in 2022 was $1,171,450.


Official website here: www.mscua.com

Who are the executives of Mississippi Credit Union League Inc and what are their salaries?

The average compensation at Mississippi Credit Union League Inc during 2022 was $150,902. There are 3 employees at Mississippi Credit Union League Inc.


Here are 14 key members and their salaries:


Charles E Elliott Jr (President/Ce)
  • Compensation: $227,061
  • Related: $0
  • Other: $38,905
Betty Barrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Bridges (Director/Vic)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gibbons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Hammond (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hammond (Director/Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hollingsworth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tommy Leaonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Lynd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Matthews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Nelson (Director/Tre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Smith (Director/Pas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Dear Phillips (Senior Vice)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mscua.com

Where can I find the form 990 for Mississippi Credit Union League Inc?

Mississippi Credit Union League Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mscua.com

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

Mission Statement of Mississippi Credit Union League Inc

Mississippi Credit Union League Inc is an organization with a mission to aid Mississippi credit unions. Their primary role is to provide assistance to these financial institutions, ensuring they operate effectively and serve their members effectively. This assistance could include various forms of support, such as guidance, resources, or advocacy, but the specifics are not provided in the information given. The organization's mission is to facilitate the success of credit unions in Mississippi, ultimately benefiting the individuals and communities they serve.

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Impact




October, 2024

The Mississippi Credit Union League Inc plays a significant role in supporting and enhancing the operations of credit unions across the state. By providing vital assistance, it fosters collaboration among member institutions and helps them improve their services. This support includes advocacy efforts that represent the interests of credit unions at various levels, ensuring that they can effectively serve their communities.

Through initiatives focused on community improvement, the League empowers credit unions to better meet the needs of their members. This includes offering resources, training, and best practices that enable credit unions to operate efficiently and offer a wider range of financial products and services. The League’s commitment to community-oriented financial solutions contributes to economic stability in Mississippi, helping local residents access the financial resources they need for growth and success.




This information is meant to be a general summary of Mississippi Credit Union League Inc. 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
$1,171,450 (2022)
Expenses
$1,094,463 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,198
  • Program Service Revenue: $297,428
  • Gross Receipts: $1,171,450

Assets and Liabilities:

  • Total Assets: $2,893,688
  • Total Liabilities: $898,286
  • Net Assets: $1,995,402

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Programs

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

ANNUAL MEETING

Revenue

$220,928

MANAGEMENT FEE

Revenue

$76,500

Organization Details

Founding Year

1937

Principal Officer

Charles E Elliott Jr

Main Address

1400 LAKEOVER ROAD SUITE 200, JACKSON, MS, 39213

NTEE Category

Code: S41 - Community improvement

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