Overview
What is Pearl Municipal Federal Credit Union?
Pearl Municipal Federal Credit Union is a financial institution functioning as a nonprofit entity, situated within the credit union category. Its primary role is to offer savings and loan services to its members, acting as a reliable financial resource. The credit union's mission is centered around providing these essential financial services, contributing to the financial well-being of its member community.
Is Pearl Municipal Federal Credit Union legitimate?
Pearl Municipal Federal Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Pearl Municipal Federal 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: $35,952
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What is the mission statement of Pearl Municipal Federal Credit Union?
Pearl Municipal Federal Credit Union serves as a financial institution within the credit union category, primarily focusing on member savings and loan services. Its mission is to facilitate financial growth and stability for its members by offering a range of savings and loan options. The credit union's activities are geared towards promoting financial well-being and financial independence for its members, acting as a trusted financial partner. It provides various financial services, such as savings accounts, loans, and other financial products, all aimed at meeting the diverse financial needs of its members. The credit union's mission is to foster a sense of community among its members, promoting financial literacy and empowerment through accessible and affordable financial services.
Who is the CEO of Pearl Municipal Federal Credit Union?
Lanell White is the Director of Pearl Municipal Federal Credit Union.
What is the revenue of Pearl Municipal Federal Credit Union?
Pearl Municipal Federal Credit Union's revenue in 2022 was $126,244.
Who are the executives of Pearl Municipal Federal Credit Union and what are their salaries?
The average compensation at Pearl Municipal Federal Credit Union during 2022 was $11,984. There are 3 employees at Pearl Municipal Federal Credit Union.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Pearl Municipal Federal Credit Union?
Pearl Municipal Federal Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pearl Municipal Federal Credit Union
Pearl Municipal Federal Credit Union, as a financial institution operating within the credit union category, is dedicated to providing member savings and loan services. In simpler terms, this nonprofit organization is committed to helping its members manage their finances by offering savings options and loan services. By doing so, Pearl Municipal Federal Credit Union aims to contribute positively to its members' financial well-being and stability.
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Impact
October, 2024
Pearl Municipal Federal Credit Union plays a significant role in its community by offering essential financial services that contribute to the overall economic well-being of its members. Located in Pearl, Mississippi, the credit union specializes in member savings and loan services, providing accessible financial products that empower individuals and families to manage their finances effectively.
By offering competitive savings options and affordable loan products, Pearl Municipal Federal Credit Union helps members build financial security and make informed decisions about their money. This not only fosters personal financial growth but also strengthens the local economy by keeping resources within the community. The credit union's commitment to serving its members reflects a broader mission of promoting public benefit, ensuring that financial services are available to all, regardless of their economic background.
Overall, Pearl Municipal Federal Credit Union's impact can be seen in its ability to enhance financial literacy, encourage savings, and provide loans that support various personal and community needs.
This information is meant to be a general summary of Pearl Municipal Federal 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: $126,244
- Gross Receipts: $126,244
Assets and Liabilities:
- Total Assets: $2,090,379
- Total Liabilities: $1,698,016
- Net Assets: $392,363
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$109,778
FEES AND CHARGES
Revenue
$16,466
Organization Details
Founding Year
1981
Principal Officer
Lanell White
Main Address
P O BOX 5948, PEARL, MS, 39288
NTEE Category
Code: W60 - Public benefit
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