Texaco Credit Union Of Houma

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

EIN: 720567882 ✦ Baton rouge, LA ✦ Designated as a 501(c)(14)

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Overview

What is Texaco Credit Union Of Houma?

Texaco Credit Union of Houma is a credit union situated in Baton Rouge, Louisiana, primarily serving the community of Texaco family members and their relatives. The primary objective of this credit union is to offer savings and loan services to its over 1600 members. By providing these financial services, Texaco Credit Union of Houma aims to contribute positively to the financial well-being of its members, fostering a sense of community and mutual support.

Is Texaco Credit Union Of Houma legitimate?

Texaco Credit Union Of Houma is a legitimate nonprofit organization registered as a 501(c)(14) entity. Texaco Credit Union Of Houma 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: $38,878

For more financial information, click here

What is the mission statement of Texaco Credit Union Of Houma?

Texaco Credit Union of Houma, as a credit union, is dedicated to serving its member base, which exceeds 1600 individuals. Their mission encompasses offering savings and loan facilities to these members, all while maintaining a strong connection to the Texaco family. By providing these financial services, the credit union aims to contribute positively to its members' financial well-being.

Who is the CEO of Texaco Credit Union Of Houma?

Kaya Tomlinson is the Board Chairperson of Texaco Credit Union Of Houma.

What is the revenue of Texaco Credit Union Of Houma?

Texaco Credit Union Of Houma's revenue in 2021 was $122,554.

Who are the executives of Texaco Credit Union Of Houma and what are their salaries?

The average compensation at Texaco Credit Union Of Houma during 2021 was $12,959. There are 3 employees and 6 volunteers at Texaco Credit Union Of Houma.


Here are 6 key members and their salaries:


Chester Champagne (Board Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwain Eaton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emleton Molaison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Bienvenu (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Authement (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Detiveaux (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Texaco Credit Union Of Houma?

Texaco Credit Union Of Houma's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Texaco Credit Union Of Houma

Texaco Credit Union of Houma is dedicated to serving and supporting its members, primarily those connected to the Texaco family. Their mission is centered around providing financial assistance, offering savings and loan services to over 1600 individuals. This credit union operates with a focus on its members' needs, aiming to foster financial stability and growth within its community.

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Impact




October, 2024

Texaco Credit Union of Houma plays a vital role in the financial well-being of its members and the community. By providing savings and loans to over 1,600 members, the credit union enables individuals and families associated with the Texaco community to achieve their financial goals.

Its focus on servicing members fosters a sense of belonging and support, allowing for personalized financial solutions that cater to the unique needs of its member base. The credit union's commitment to enhancing the financial literacy and stability of its members contributes positively to the overall economic landscape in Baton Rouge, LA. Through accessible banking services, Texaco Credit Union of Houma empowers its members to save, invest, and build a secure financial future.




This information is meant to be a general summary of Texaco Credit Union Of Houma. 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
$122,554 (2021)
Expenses
$95,506 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $8,292
  • Program Service Revenue: $114,262
  • Gross Receipts: $122,554

Assets and Liabilities:

  • Total Assets: $3,496,162
  • Total Liabilities: $2,870,025
  • Net Assets: $626,137

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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

$113,522

Fee Income

Revenue

$740

Organization Details

Founding Year

1949

Principal Officer

Kaya Tomlinson

Main Address

PO Box 40088, Baton Rouge, LA, 70835

NTEE Category

Code: W60 - Public benefit

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