Overview
What is Instep Credit Union?
Instep Credit Union is a nonprofit organization located at 400 Russell Ave Bldg 509, New Orleans, LA 70143. Its primary mission is to promote thrift among its members, offering them a reliable source of credit at affordable interest rates. Additionally, the credit union provides various financial services, empowering its members to have control over their own funds in a democratic manner. With a total of 33 employees, Instep Credit Union aims to serve its members effectively and efficiently.
Official website here: www.nasjrb.org
Is Instep Credit Union legitimate?
Instep Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Instep 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: $1,055,950
For more financial information, click here
Official website here: www.nasjrb.org
What is the mission statement of Instep Credit Union?
Instep Credit Union's mission is primarily centered around promoting thrift among its members. They aim to accomplish this by establishing a reliable source of credit, offering financial services at reasonable rates, and providing an avenue for members to manage their funds democratically. By doing so, the credit union offers its members the chance to utilize and have control over their own money in a collective manner.
Official website here: www.nasjrb.org
Who is the CEO of Instep Credit Union?
Joyce Kelley is the Chief Financial Officer of Instep Credit Union. The CEO's salary of Instep Credit Union is $145,282 and their total compensation is $145,282.
Official website here: www.nasjrb.org
What is the revenue of Instep Credit Union?
Instep Credit Union's revenue in 2022 was $4,296,522.
Official website here: www.nasjrb.org
Who are the executives of Instep Credit Union and what are their salaries?
The average compensation at Instep Credit Union during 2022 was $31,998. There are 33 employees at Instep Credit Union.
Here are 9 key members and their salaries (Instep Credit Union's CEO's salary is $145,282 and their total compensation is $145,282):
- Compensation: $145,282
- Related: $0
- Other: $0
- Compensation: $75,874
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nasjrb.org
Where can I find the form 990 for Instep Credit Union?
Instep Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nasjrb.org
Learn more at the official website: www.nasjrb.org
Mission Statement of Instep Credit Union
Instep Credit Union, a member-driven organization, is committed to fostering financial responsibility among its members. Its mission is twofold: firstly, it aims to establish a reliable source of credit at reasonable interest rates. This aspect of its mission ensures that members have access to funds when needed, without being burdened by exorbitant interest costs. Secondly, Instep Credit Union provides various financial services to its members, empowering them to effectively manage and utilize their own money. By offering these services on a democratic basis, the credit union allows its members to have a say in how their financial resources are managed and utilized. In essence, Instep Credit Union serves as a platform that encourages thrift and promotes financial independence among its members.
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Impact
October, 2024
Instep Credit Union significantly impacts its community by promoting financial awareness and empowerment. The organization encourages thrift among its members, helping individuals save while simultaneously providing access to credit at fair and reasonable interest rates. This approach not only supports members in achieving their financial goals but also fosters a sense of control and ownership over their finances.
By offering various financial services, Instep empowers its members to manage their resources democratically, ensuring that decisions about money are made collaboratively. This model enhances financial literacy and stability within the community, contributing to the overall well-being of its members. Through its commitment to equitable financial practices and community-focused initiatives, Instep Credit Union plays a vital role in supporting the economic growth of New Orleans.
This information is meant to be a general summary of Instep 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.
- Investment Income: $92,368
- Gross Receipts: $4,296,522
Assets and Liabilities:
- Total Assets: $49,616,390
- Total Liabilities: $41,796,711
- Net Assets: $7,819,679
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Organization Details
Founding Year
1948
Principal Officer
Joyce Kelley
Main Address
400 Russell Ave Bldg 509, New Orleans, LA, 701435999
Website
www.nasjrb.orgNTEE Category
Code: W60 - Public benefit
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