Overview
What is State Chartered Credit Unions In Louisiana?
State Chartered Credit Unions in Louisiana, specifically Vermilion SCHL Emplys Credit Union, operates as a nonprofit entity with a focus on membership benefits. Their mission is to provide their members with an economical solution for both savings and borrowing. Although the provided information is limited, it indicates that this credit union operates under the charter of Louisiana and aims to serve its members affordably. The term "state chartered" indicates that it is regulated and supervised by the Louisiana Department of Financial Institutions, ensuring the safety and soundness of its operations.
Official website here: www.vermilioncu.org
Is State Chartered Credit Unions In Louisiana legitimate?
State Chartered Credit Unions In Louisiana is a legitimate nonprofit organization registered as a 501(c)(14) 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: $46,614
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,703
For more financial information, click here
Official website here: www.vermilioncu.org
What is the mission statement of State Chartered Credit Unions In Louisiana?
State Chartered Credit Unions in Louisiana, represented by Vermilion SCHL Emplys Credit Union, operates a membership benefits program with a mission to provide its members with an affordable avenue for both saving and borrowing. This mission is aimed at ensuring financial accessibility and affordability for its members in Louisiana. The credit union's focus is on offering its services as a cost-effective alternative, thereby empowering its members to manage their finances effectively.
Official website here: www.vermilioncu.org
Who is the CEO of State Chartered Credit Unions In Louisiana?
Chasity D Landry Ceo-Manager is the Ceo/Manager of State Chartered Credit Unions In Louisiana. The CEO's salary of State Chartered Credit Unions In Louisiana is $46,614 and their total compensation is $46,614.
Official website here: www.vermilioncu.org
What is the revenue of State Chartered Credit Unions In Louisiana?
State Chartered Credit Unions In Louisiana's revenue in 2022 was $332,963.
Official website here: www.vermilioncu.org
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 $34,106. There are 3 employees and 9 volunteers at State Chartered Credit Unions In Louisiana.
Here are 10 key members and their salaries (State Chartered Credit Unions In Louisiana's CEO's salary is $46,614 and their total compensation is $46,614):
- Compensation: $46,614
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.vermilioncu.org
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.
Official website here: www.vermilioncu.org
Learn more at the official website: www.vermilioncu.org
Mission Statement of State Chartered Credit Unions In Louisiana
State Chartered Credit Unions in Louisiana, specifically Vermilion SCHL Emplys Credit Union, operates a credit union membership benefits program with a primary objective. This mission is to provide its members with an affordable avenue for both saving and borrowing. By doing so, the credit union aims to cater to the financial needs of its members, ensuring they have access to necessary financial services at reasonable rates.
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Impact
October, 2024
State Chartered Credit Unions in Louisiana, such as the Vermilion School Employees Credit Union, significantly impact their communities by providing affordable financial services tailored to the needs of their members. They focus on facilitating savings and offering low-interest loans, which empower individuals and families to manage their finances more effectively. This accessibility to financial products fosters economic growth within the region, enabling members to invest in education, homes, and businesses.
Furthermore, these credit unions promote financial literacy and responsible borrowing practices, equipping members with the knowledge to make informed financial decisions. Through community engagement and local initiatives, State Chartered Credit Unions strengthen the social fabric of Louisiana, creating a supportive environment for members to thrive. They prioritize mutual benefits, ensuring that the interests of their members remain at the forefront, resulting in a more financially inclusive society.
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: $76,654
- Gross Receipts: $332,963
Assets and Liabilities:
- Total Assets: $15,123,946
- Total Liabilities: $15,044,634
- Net Assets: $79,312
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Organization Details
Founding Year
1973
Phone
(337) 898-1388Principal Officer
Chasity D Landry Ceo-Manager
Main Address
P O Box 848, Abbeville, LA, 705110848
Website
www.vermilioncu.orgNTEE Category
Code: W60 - Public benefit
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