Alexandria Municipal Employees Credit Union

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

EIN: 720476801 ✦ Alexandria, LA ✦ Designated as a 501(c)(14)

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Overview

What is Alexandria Municipal Employees Credit Union?

Alexandria Municipal Employees Credit Union is a nonprofit institution located at 1032 Wisteria Street, Alexandria, Louisiana 71301. Its primary purpose is to offer affordable financial services to its members. With a workforce of six dedicated individuals, the credit union strives to meet the financial needs of its community. Although the information provided is limited, it is clear that the Alexandria Municipal Employees Credit Union is committed to providing accessible financial solutions to its members, contributing positively to the financial well-being of the local community.


Official website here: www.amecu.org

Is Alexandria Municipal Employees Credit Union legitimate?

Alexandria Municipal Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Alexandria Municipal Employees 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: $365,357

For more financial information, click here


Official website here: www.amecu.org

What is the mission statement of Alexandria Municipal Employees Credit Union?

The Alexandria Municipal Employees Credit Union is committed to delivering affordable financial services to its members. This mission is encompassed in its core activities, which are primarily focused on providing financial solutions that are accessible and affordable to its member base. The credit union's mission is to serve its members effectively, ensuring they have the financial resources they need to manage their finances efficiently. By offering affordable services, the credit union aims to contribute positively to the financial well-being of its members.


Official website here: www.amecu.org

Who is the CEO of Alexandria Municipal Employees Credit Union?

Janet Mcdaniel is the Ceo of Alexandria Municipal Employees Credit Union. The CEO's salary of Alexandria Municipal Employees Credit Union is $138,537 and their total compensation is $138,537.


Official website here: www.amecu.org

What is the revenue of Alexandria Municipal Employees Credit Union?

Alexandria Municipal Employees Credit Union's revenue in 2022 was $1,263,248.


Official website here: www.amecu.org

Who are the executives of Alexandria Municipal Employees Credit Union and what are their salaries?

The average compensation at Alexandria Municipal Employees Credit Union during 2022 was $60,893. There are 6 employees and 5 volunteers at Alexandria Municipal Employees Credit Union.


Here are 6 key members and their salaries (Alexandria Municipal Employees Credit Union's CEO's salary is $138,537 and their total compensation is $138,537):


Janet Mcdaniel (Ceo)
  • Compensation: $138,537
  • Related: $0
  • Other: $0
Rodney Feazell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Despino (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Atkins (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Beard (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Ann Brewer (Secretary Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.amecu.org

Where can I find the form 990 for Alexandria Municipal Employees Credit Union?

Alexandria Municipal Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.amecu.org

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

Mission Statement of Alexandria Municipal Employees Credit Union

Alexandria Municipal Employees Credit Union is committed to delivering affordable financial services to its members. This nonprofit organization's mission is centered around providing its members with financial solutions that are both accessible and affordable. By prioritizing the needs of its members, Alexandria Municipal Employees Credit Union aims to make a positive impact on their financial well-being.

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Impact




October, 2024

Alexandria Municipal Employees Credit Union significantly impacts the community by offering affordable financial services tailored to its members' needs. By focusing on providing accessible financial options, the credit union helps individuals and families manage their finances more effectively, fostering financial stability and empowerment. This institution plays a crucial role in the city of Alexandria, LA, by ensuring that its members have access to necessary financial resources, which can ultimately lead to improved economic well-being within the community. The commitment to serving the public benefit enhances the overall quality of life for its members, promoting a stronger, more financially literate community.




This information is meant to be a general summary of Alexandria Municipal Employees 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
$1,263,248 (2022)
Expenses
$1,090,823 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $970,745
  • Gross Receipts: $1,263,248

Assets and Liabilities:

  • Total Assets: $29,327,197
  • Total Liabilities: $25,372,822
  • Net Assets: $3,954,375

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Programs

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

Interest from Loans

Revenue

$838,019

Fee Income

Revenue

$132,726

Organization Details

Founding Year

2000

Principal Officer

Janet Mcdaniel

Main Address

1032 Wisteria Street, Alexandria, LA, 71301

NTEE Category

Code: W60 - Public benefit

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