nonprofit logo

State Chartered Credit Unions In Ms Members Exchange Credit Union

Members Exchange Credit Union

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

EIN: 640344965 ✦ Jackson, MS ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is State Chartered Credit Unions In Ms Members Exchange Credit Union?

State Chartered Credit Unions in MS, represented by Members Exchange Credit Union, is a nonprofit organization situated in Jackson, Mississippi. With a primary mission, they aim to promote thrift opportunities and offer affordable loans to their 14,123 members. As a credit union, they operate under state charter regulations, ensuring financial security and accessibility for their members. Serving as a local financial institution, Members Exchange Credit Union provides essential financial services and fosters financial well-being within its community.


Official website here: www.mecuanywhere.com

What do the Facebook reviews say about State Chartered Credit Unions In Ms Members Exchange Credit Union?

86% of 35 reviewers on Facebook recommend Members Exchange Credit Union. Here is a summary of their reviews:

While most customers express satisfaction with the credit union's services, there are notable reservations from some. Positive sentiments include appreciation for the friendly staff and the variety of financial products offered. However, there is criticism regarding service quality, with a few users suggesting that the experience may be better at competing institutions.

Overall, the sentiment leans towards a satisfactory experience for many members, but there is room for improvement in addressing the concerns raised by a minority of reviewers.


This AI summary has been generated from reviews found on Facebook.

Is State Chartered Credit Unions In Ms Members Exchange Credit Union legitimate?

State Chartered Credit Unions In Ms Members Exchange Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. State Chartered Credit Unions In Ms Members Exchange 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: $1,225,684
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,630,066

For more financial information, click here


Official website here: www.mecuanywhere.com

What is the mission statement of State Chartered Credit Unions In Ms Members Exchange Credit Union?

State Chartered Credit Unions in Mississippi, specifically Members Exchange Credit Union, is dedicated to serving its members by providing access to thrift opportunities and affordable loans. Their mission is centered around facilitating financial well-being for their members by offering these financial services at reasonable costs. With a membership of over 14,000 individuals, this credit union aims to promote financial stability and independence among its members. By offering thrift opportunities, they encourage savings and financial responsibility, while the low-cost loans provide access to credit when needed, thereby supporting their members' financial goals.


Official website here: www.mecuanywhere.com

Who is the CEO of State Chartered Credit Unions In Ms Members Exchange Credit Union?

Mitzi Tate is the Board Chairman of State Chartered Credit Unions In Ms Members Exchange Credit Union. The CEO's salary of State Chartered Credit Unions In Ms Members Exchange Credit Union is $352,356 and their total compensation is $386,469.


Official website here: www.mecuanywhere.com

What is the revenue of State Chartered Credit Unions In Ms Members Exchange Credit Union?

State Chartered Credit Unions In Ms Members Exchange Credit Union's revenue in 2022 was $9,495,349.


Official website here: www.mecuanywhere.com

Who are the executives of State Chartered Credit Unions In Ms Members Exchange Credit Union and what are their salaries?

The average compensation at State Chartered Credit Unions In Ms Members Exchange Credit Union during 2022 was $58,281. There are 49 employees and 10 volunteers at State Chartered Credit Unions In Ms Members Exchange Credit Union.


Here are 13 key members and their salaries (State Chartered Credit Unions In Ms Members Exchange Credit Union's CEO's salary is $352,356 and their total compensation is $386,469):


Kenneth Allison (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Pope (Board Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Mangum (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernie Hopkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Washington-Garner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dock E Graves (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Moak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitzi Tate (President/Ceo)
  • Compensation: $352,356
  • Related: $0
  • Other: $34,113
Karen Root (Executive Vice President)
  • Compensation: $182,553
  • Related: $0
  • Other: $20,928
Susan Boshart (Executive Vice President)
  • Compensation: $219,937
  • Related: $0
  • Other: $24,018
Maleigh Coffey (Senior Vice President)
  • Compensation: $119,685
  • Related: $0
  • Other: $18,490
Ladonna Jacobs (Senior Vice President)
  • Compensation: $122,331
  • Related: $0
  • Other: $22,573
Misty Munn (Senior Vice President)
  • Compensation: $90,803
  • Related: $0
  • Other: $17,896


Official website here: www.mecuanywhere.com

Where can I find the form 990 for State Chartered Credit Unions In Ms Members Exchange Credit Union?

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


Official website here: www.mecuanywhere.com

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

Mission Statement of State Chartered Credit Unions In Ms Members Exchange Credit Union

State Chartered Credit Unions In Ms Members Exchange Credit Union, as its name suggests, is committed to providing thrift opportunities and offering affordable loans to its members. This mission is at the heart of its operations, aiming to serve its 14,123 members effectively. By providing these financial services, the credit union strives to make financial resources more accessible and affordable for its members, thereby promoting financial well-being within its community.

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

State Chartered Credit Unions In MS Members Exchange Credit Union plays a significant role in enhancing the financial wellbeing of its community in Jackson, Mississippi. By focusing on providing thrift opportunities and low-cost loans, the credit union serves a diverse membership of 14,123 individuals. This promotes financial stability and encourages saving habits among its members.

The organization’s efforts help individuals and families access affordable financing options, making it easier for them to achieve their financial goals, whether that be purchasing a home, financing education, or managing unexpected expenses. Additionally, the credit union fosters a sense of community by prioritizing the needs of its members and investing in local development, driving economic growth in the region. In essence, Members Exchange Credit Union is critical in creating accessible financial services and promoting thrift, contributing to a more financially literate and secure community.




This information is meant to be a general summary of State Chartered Credit Unions In Ms Members Exchange 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
$9,495,349 (2022)
Expenses
$7,518,227 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $757,860
  • Program Service Revenue: $4,321,835
  • Gross Receipts: $9,496,328

Assets and Liabilities:

  • Total Assets: $134,829,554
  • Total Liabilities: $109,580,202
  • Net Assets: $25,249,352

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.

LOAN INTEREST INCOME

Revenue

$4,321,835

Organization Details

Founding Year

1954

Principal Officer

Mitzi Tate

Main Address

PO BOX 31049, JACKSON, MS, 392861049

NTEE Category

Code: W61 - Public benefit

If you are a representative of State Chartered Credit Unions In Ms Members Exchange 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.