Overview
What is State Chartered Credit Unions In Louisiana?
State Chartered Credit Unions In Louisiana is a nonprofit organization situated in Lafayette, Louisiana. Its primary objective is to cater to an underprivileged population, enabling them to save money and earn a fair return on their investments. Additionally, the organization extends loans to individuals for purchasing essential items like vehicles at reasonable rates. With a small workforce of two employees, this credit union organization operates within the state of Louisiana, striving to serve its community effectively.
Is State Chartered Credit Unions In Louisiana legitimate?
State Chartered Credit Unions In Louisiana is a legitimate nonprofit organization registered as a 501(c)(4) entity. State Chartered Credit Unions In Louisiana 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: $5,307
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of State Chartered Credit Unions In Louisiana?
State Chartered Credit Unions in Louisiana aims to offer an investment opportunity for the underprivileged sector of the population. This organization encourages savings and provides a competitive return on investment. Furthermore, it offers affordable loans for essential purchases such as vehicles, enabling individuals to access necessary goods at reasonable rates. By doing so, State Chartered Credit Unions in Louisiana seeks to contribute positively to the financial well-being of its members, thereby empowering them financially.
Who is the CEO of State Chartered Credit Unions In Louisiana?
John Cedric Dauphin is the Chairman of State Chartered Credit Unions In Louisiana.
What is the revenue of State Chartered Credit Unions In Louisiana?
State Chartered Credit Unions In Louisiana's revenue in 2022 was $5,847.
Who are the executives of State Chartered Credit Unions In Louisiana and what are their salaries?
The average compensation at State Chartered Credit Unions In Louisiana during 2022 was $2,654. There are 2 employees and 7 volunteers at State Chartered Credit Unions In Louisiana.
Here are 10 key members and their salaries:
- Compensation: $2,904
- Related: $0
- Other: $2,904
- Compensation: $2,202
- Related: $0
- Other: $2,202
- Compensation: $200
- Related: $0
- Other: $200
- 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 State Chartered Credit Unions In Louisiana?
State Chartered Credit Unions In Louisiana's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of State Chartered Credit Unions In Louisiana
State Chartered Credit Unions in Louisiana, as a nonprofit organization, is committed to serving an underserved segment of the population. Its mission is to offer individuals an opportunity to invest their money and secure a competitive return on their investment. Furthermore, this organization extends loans for the purchase of essential items such as vehicles, at reasonable rates. By doing so, it aims to empower the individuals it serves, providing them with financial stability and security.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
State Chartered Credit Unions in Louisiana play a critical role in enhancing financial accessibility for underserved communities. By offering competitive returns on investments, they empower individuals who may otherwise have limited opportunities to grow their savings. Additionally, these credit unions facilitate affordable loans for essential purchases, such as vehicles, making it easier for residents to improve their mobility and overall quality of life.
Their mission directly contributes to economic stability and growth in the region, as access to fair lending options helps reduce dependence on predatory lending practices. This fosters a sense of financial inclusion, enabling members to participate more fully in the economy. Overall, the impact of State Chartered Credit Unions extends beyond individual financial health, promoting broader economic development and community welfare in Louisiana.
This information is meant to be a general summary of State Chartered Credit Unions In Louisiana. 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: $1,484
- Program Service Revenue: $4,358
- Gross Receipts: $5,847
Assets and Liabilities:
- Total Assets: $714,589
- Total Liabilities: $513,148
- Net Assets: $201,441
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on Loans
Revenue
$4,358
Organization Details
Founding Year
1942
Phone
(337) 593-0591Principal Officer
John Cedric Dauphin
Main Address
P O BOX 93156, LAFAYETTE, LA, 70509
NTEE Category
Code: W60 - Public benefit
If you are a representative of State Chartered Credit Unions In Louisiana and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.