Overview
What is Cabot Employees Credit Union Of Franklin La?
Cabot Employees Credit Union of Franklin La is a financial institution, functioning as a credit union, located in Franklin, Louisiana. Its primary mission is to offer affordable savings and loan options to its members. As a nonprofit organization, it provides various programs and services tailored to its members' financial needs. By operating as a credit union, Cabot Employees Credit Union of Franklin La ensures that its members have access to affordable financial solutions, thereby contributing positively to their financial well-being.
Is Cabot Employees Credit Union Of Franklin La legitimate?
Cabot Employees Credit Union Of Franklin La is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cabot Employees Credit Union Of Franklin La 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: $23,286
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Cabot Employees Credit Union Of Franklin La?
The Cabot Employees Credit Union, without specifying the exact location, is committed to serving its members by offering affordable savings and loan options. As a financial institution, it provides various programs to cater to its members' financial needs. Its mission is centered around providing affordable financial solutions, positioning itself as a reliable source for savings and loans for its members. The credit union aims to contribute positively to its members' financial well-being, thereby enhancing their overall financial stability.
Who is the CEO of Cabot Employees Credit Union Of Franklin La?
Dana Judice is the Office Manager of Cabot Employees Credit Union Of Franklin La.
What is the revenue of Cabot Employees Credit Union Of Franklin La?
Cabot Employees Credit Union Of Franklin La's revenue in 2022 was $42,012.
Who are the executives of Cabot Employees Credit Union Of Franklin La and what are their salaries?
The average compensation at Cabot Employees Credit Union Of Franklin La during 2022 was $7,762. There are 3 employees at Cabot Employees Credit Union Of Franklin La.
Here are 11 key members and their salaries:
- Compensation: $4,800
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cabot Employees Credit Union Of Franklin La?
Cabot Employees Credit Union Of Franklin La's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cabot Employees Credit Union Of Franklin La
Cabot Employees Credit Union of Franklin LA is dedicated to providing an affordable avenue for its members to save and borrow funds. In essence, the credit union serves as a financial resource, offering its members cost-effective savings and loan options. Beyond offering financial services, Cabot Employees Credit Union of Franklin LA also provides various programs to cater to the needs of its members. As a financial institution, it operates as a credit union, providing a sense of community and shared financial resources to its members in Franklin, LA.
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Impact
October, 2024
Cabot Employees Credit Union of Franklin, LA, plays a vital role in its community by offering affordable savings and loan options to its members. By providing accessible financial services, it helps individuals manage their personal finances more effectively, fostering a culture of saving and responsible borrowing. With various programs designed to meet the diverse needs of its members, the credit union enhances financial literacy and empowers its community.
Operating in Franklin, LA, the credit union’s mission focuses on ensuring that members have reliable access to necessary financial resources. This not only supports individual financial stability but also contributes to overall economic development in the community. The credit union's commitment to member services underscores its impact, as it prioritizes the financial well-being of those it serves, ultimately strengthening the local economy and promoting long-term financial resilience.
This information is meant to be a general summary of Cabot Employees Credit Union Of Franklin La. 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: $29,616
- Gross Receipts: $42,012
Assets and Liabilities:
- Total Assets: $1,378,856
- Total Liabilities: $1,002,617
- Net Assets: $376,239
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest Income
Revenue
$26,071
Loan Applications
Revenue
$820
Non-Operating Income
Revenue
$2,725
Organization Details
Founding Year
1955
Phone
(337) 836-2219Principal Officer
Dana Judice
Main Address
PO Box 598, Franklin, LA, 70538
NTEE Category
Code: W60 - Public benefit
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