Overview
What is Ascension Credit Union?
Ascension Credit Union is a member-centric, non-profit financial institution based in Gonzales, Louisiana. Established at PO Box 248, this organization serves its members by offering a variety of financial products, including savings and loan options, at competitive rates. With a strong commitment to its members, Ascension Credit Union provides an affordable source of credit, along with checking accounts and additional related services. The organization, with a workforce of 46 individuals, is dedicated to supporting the financial well-being of its member community.
Is Ascension Credit Union legitimate?
Ascension Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Ascension 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: $1,466,436
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What is the mission statement of Ascension Credit Union?
Ascension Credit Union, as a member-owned non-profit financial institution, is committed to offering its members competitive rates on financial products such as savings and loans. Its mission is to serve as an affordable source of credit, providing members with various financial services including checking accounts and related products. The credit union aims to promote financial well-being among its members, ensuring they have access to necessary financial tools. By operating as a non-profit, the credit union prioritizes the interests of its members over profit, ensuring they receive fair and affordable financial solutions.
Who is the CEO of Ascension Credit Union?
Lloyd Cockerham is the Ceo of Ascension Credit Union. The CEO's salary of Ascension Credit Union is $111,570 and their total compensation is $111,570.
What is the revenue of Ascension Credit Union?
Ascension Credit Union's revenue in 2022 was $5,797,294.
Who are the executives of Ascension Credit Union and what are their salaries?
The average compensation at Ascension Credit Union during 2022 was $31,879. There are 46 employees at Ascension Credit Union.
Here are 8 key members and their salaries (Ascension Credit Union's CEO's salary is $111,570 and their total compensation is $111,570):
- Compensation: $111,570
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ascension Credit Union?
Ascension Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ascension Credit Union
Ascension Credit Union, as a member-owned non-profit organization, is committed to serving its members by offering financial products and services at competitive rates. The institution's mission is to provide an affordable source of credit, in addition to savings, checking accounts, and various other financial solutions. In essence, Ascension Credit Union aims to meet the financial needs of its members in a cost-effective manner.
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Impact
October, 2024
Ascension Credit Union significantly impacts its community by offering a range of financial products, including savings accounts, loans, and checking accounts, all at competitive rates. By focusing on providing affordable credit options, it empowers members to improve their financial health and stability. The credit union fosters a sense of ownership among its members, creating a supportive environment that prioritizes their needs. Located in Gonzales, LA, Ascension Credit Union plays a vital role in enhancing financial literacy and accessibility, ultimately contributing to the economic well-being of the local community. Through its mission, it ensures that members have access to essential financial services, promoting responsible financial management and growth.
This information is meant to be a general summary of Ascension 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: $110,865
- Program Service Revenue: $5,686,429
- Gross Receipts: $5,797,294
Assets and Liabilities:
- Total Assets: $94,667,489
- Total Liabilities: $83,927,581
- Net Assets: $10,739,908
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on Loans
Revenue
$3,959,565
Fees and Other Income
Revenue
$1,726,864
Organization Details
Founding Year
1974
Principal Officer
Lloyd Cockerham
Main Address
PO Box 248, Gonzales, LA, 707070248
NTEE Category
Code: W60 - Public benefit
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