Calcasieu Teachers & Employees Credit Union

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

EIN: 720574910 ✦ Lake charles, LA ✦ Designated as a 501(c)(14)

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Overview

What is Calcasieu Teachers & Employees Credit Union?

Calcasieu Teachers & Employees Credit Union is a financial institution situated in Lake Charles, Louisiana. As a credit union, its primary purpose is to cater to the financial requirements of its members. The organization's mission is geared towards progress, ensuring they meet the diverse financial needs of their members effectively. The credit union operates with a strong commitment to its members, aiming to provide them with the financial support they require to move forward in their lives.


Official website here: www.calteacherscu.com

Is Calcasieu Teachers & Employees Credit Union legitimate?

Calcasieu Teachers & Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Calcasieu Teachers & 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: $100,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $470,623

For more financial information, click here


Official website here: www.calteacherscu.com

What is the mission statement of Calcasieu Teachers & Employees Credit Union?

Calcasieu Teachers & Employees Credit Union's mission is centered around meeting the financial needs of its members. The credit union is committed to moving forward with its members' financial requirements at the forefront. In essence, its primary goal is to cater to the financial needs of its members, ensuring they can progress financially.


Official website here: www.calteacherscu.com

Who is the CEO of Calcasieu Teachers & Employees Credit Union?

Floyd Jesse Busby is the President/Ceo of Calcasieu Teachers & Employees Credit Union. The CEO's salary of Calcasieu Teachers & Employees Credit Union is $100,345 and their total compensation is $100,345.


Official website here: www.calteacherscu.com

What is the revenue of Calcasieu Teachers & Employees Credit Union?

Calcasieu Teachers & Employees Credit Union's revenue in 2022 was $1,751,287.


Official website here: www.calteacherscu.com

Who are the executives of Calcasieu Teachers & Employees Credit Union and what are their salaries?

The average compensation at Calcasieu Teachers & Employees Credit Union during 2022 was $33,586. There are 17 employees and 14 volunteers at Calcasieu Teachers & Employees Credit Union.


Here are 10 key members and their salaries (Calcasieu Teachers & Employees Credit Union's CEO's salary is $100,345 and their total compensation is $100,345):


Floyd J Busby (President/Ceo)
  • Compensation: $100,345
  • Related: $0
  • Other: $0
Craig Barber (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis Wilson (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrienne Carpenter (Treasurer / Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronal Sweeney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Kim Broussard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Miguez Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Derouen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Finley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Chavanne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.calteacherscu.com

Where can I find the form 990 for Calcasieu Teachers & Employees Credit Union?

Calcasieu Teachers & Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.calteacherscu.com

Learn more at the official website: www.calteacherscu.com

Mission Statement of Calcasieu Teachers & Employees Credit Union

Calcasieu Teachers & Employees Credit Union is dedicated to serving its members' financial needs. This credit union, located in Lake Charles, has a mission to move forward with its members' financial requirements at the forefront. The organization is committed to meeting the financial needs of its members, ensuring they have the resources they require to progress in their financial journeys.

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Impact




October, 2024

Calcasieu Teachers & Employees Credit Union plays a significant role in the Lake Charles community by focusing on the financial needs of its members. With a mission dedicated to "Moving forward with your financial needs in mind," the credit union provides tailored financial services that empower individuals and families to achieve their financial goals. By offering various products and services, Calcasieu Teachers & Employees Credit Union helps members navigate their financial journeys, making it easier for them to save, borrow, and plan for the future. This positive impact fosters a sense of community and supports the economic well-being of its members, further enriching the local landscape.




This information is meant to be a general summary of Calcasieu Teachers & 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
$1,751,287 (2022)
Expenses
$1,378,718 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,556,550
  • Gross Receipts: $1,751,287

Assets and Liabilities:

  • Total Assets: $64,785,463
  • Total Liabilities: $113,887
  • Net Assets: $64,671,576

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Organization Details

Founding Year

1954

Principal Officer

Floyd Jesse Busby

Main Address

PO Box 16134, Lake Charles, LA, 70616

NTEE Category

Code: W60 - Public benefit

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