Overview
What is Graphic Arts Credit Union?
Graphic Arts Credit Union is a member-centric financial institution, dedicated to the principle of 'Members Helping Members.' It provides a range of loan services, such as unsecured loans and vehicle loans, including used and new vehicles. As of December 31, 2022, there were 150 active loans being managed by the Credit Union. Beyond loans, Graphic Arts Credit Union also offers savings accounts to its members, currently boasting a membership of 410 individuals.
Is Graphic Arts Credit Union legitimate?
Graphic Arts Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Graphic Arts 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: $46,474
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,274
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What is the mission statement of Graphic Arts Credit Union?
The Graphic Arts Credit Union operates with a mission centered around the philosophy of "Members Helping Members." This mission is reflected in their financial services, where they provide various loan options such as unsecured loans and vehicle loans, with 150 outstanding loans as of December 31, 2022. Furthermore, the credit union offers savings accounts to its members, currently boasting a membership of 410 individuals.
Who is the CEO of Graphic Arts Credit Union?
Kevin Mcferren is the Chairperson of Graphic Arts Credit Union. The CEO's salary of Graphic Arts Credit Union is $0 and their total compensation is $0.
What is the revenue of Graphic Arts Credit Union?
Graphic Arts Credit Union's revenue in 2022 was $132,121.
Who are the executives of Graphic Arts Credit Union and what are their salaries?
The average compensation at Graphic Arts Credit Union during 2022 was $30,874. There are 2 employees and 10 volunteers at Graphic Arts Credit Union.
Here are 6 key members and their salaries (Graphic Arts Credit Union's CEO's salary is $0 and their total compensation is $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
Where can I find the form 990 for Graphic Arts Credit Union?
Graphic Arts Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Graphic Arts Credit Union
Graphic Arts Credit Union, a member-centric financial institution, is committed to its mission of 'Members Helping Members'. This mission is manifested through the provision of various loan options, such as unsecured loans and both used and new vehicle loans. As of December 31, 2022, the Credit Union had 150 outstanding loans under its belt, demonstrating its active involvement in its members' financial needs.
Beyond its lending services, Graphic Arts Credit Union also offers savings accounts to its members. As of the same date, the Credit Union boasted a membership base of 410 individuals, indicating its ability to cater to a significant number of its community members' financial needs. The Credit Union's mission of Members Helping Members is a testament to its dedication to supporting its members financially, providing them with the necessary tools to manage their monetary affairs effectively.
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Impact
October, 2024
Graphic Arts Credit Union has a significant impact on the Shreveport community by fostering a culture of financial support among its members. Its mission of "Members Helping Members" emphasizes collaboration and mutual aid, empowering individuals to achieve their financial goals through accessible services.
With 150 outstanding loans, the credit union provides essential financial resources for various needs, including unsecured loans, as well as financing for both used and new vehicles. This helps members facilitate important purchases and manage personal finances effectively.
Additionally, Graphic Arts Credit Union supports savings initiatives, contributing to the financial well-being of its 410 members as of December 31, 2022. By promoting savings and responsible lending, the credit union plays a vital role in enhancing the economic stability of the community it serves.
This information is meant to be a general summary of Graphic Arts 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: $2
- Program Service Revenue: $132,119
- Gross Receipts: $132,121
Assets and Liabilities:
- Total Assets: $1,302,730
- Total Liabilities: $822,502
- Net Assets: $480,228
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES AND CHARGES
Revenue
$15,337
interest on loan
Revenue
$114,022
MISC OPERATING INCOME
Revenue
$2,760
Organization Details
Founding Year
1953
Phone
(318) 208-8504Principal Officer
Kevin Mcferren
Main Address
401 Edwards St Ste 210, Shreveport, LA, 71101
NTEE Category
Code: W60 - Public benefit
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