Overview
What is Credit Unions In The State Of Oklahoma Cooperative Employees Cre?
Credit Unions In The State Of Oklahoma Cooperative Employees Cre, abbreviated as CECU, is a nonprofit organization based in Anadarko, Oklahoma. With a focus on benefiting its member-owners, CECU offers a range of financial products aimed at promoting financial growth and stability. The organization provided 189 loans to member accounts, totaling over $3.7 million in 2021. CECU maintains operations with a small workforce of three individuals, located at 701 NE 7th Street - PO Box 429, Anadarko, OK 73005.
Official website here: www.cecuok.virtualcu
Is Credit Unions In The State Of Oklahoma Cooperative Employees Cre legitimate?
Credit Unions In The State Of Oklahoma Cooperative Employees Cre is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions In The State Of Oklahoma Cooperative Employees Cre 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: $125,075
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cecuok.virtualcu
What is the mission statement of Credit Unions In The State Of Oklahoma Cooperative Employees Cre?
The Credit Unions In The State Of Oklahoma Cooperative Employees Credit Union (CECU) is committed to serving its member-owners by offering a comprehensive range of high-quality financial products. The primary goal is to foster financial growth and stability for its members. The CECU conducts its operations with the benefit of its member-owners in mind, providing financial products that cater to their needs.
Official website here: www.cecuok.virtualcu
What is the revenue of Credit Unions In The State Of Oklahoma Cooperative Employees Cre?
Credit Unions In The State Of Oklahoma Cooperative Employees Cre's revenue in 2023 was $489,194.
Official website here: www.cecuok.virtualcu
Who are the executives of Credit Unions In The State Of Oklahoma Cooperative Employees Cre and what are their salaries?
The average compensation at Credit Unions In The State Of Oklahoma Cooperative Employees Cre during 2023 was $41,692. There are 3 employees and 9 volunteers at Credit Unions In The State Of Oklahoma Cooperative Employees Cre.
Here are 10 key members and their salaries:
- Compensation: $125,075
- Related: $0
- Other: $0
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- 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
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cecuok.virtualcu
Where can I find the form 990 for Credit Unions In The State Of Oklahoma Cooperative Employees Cre?
Credit Unions In The State Of Oklahoma Cooperative Employees Cre's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cecuok.virtualcu
Learn more at the official website: www.cecuok.virtualcu
Mission Statement of Credit Unions In The State Of Oklahoma Cooperative Employees Cre
Credit Unions In The State Of Oklahoma Cooperative Employees Cre, abbreviated as CECU, is committed to serving its member-owners by offering a diverse array of high-quality financial products. The primary aim of CECU is to foster financial growth and stability among its members. By conducting business with the best interests of its members in mind, CECU creates opportunities that enable its members to enhance their financial well-being. This mission is reflected in the provision of loans, with a total of 189 loans amounting to $3,785,673, demonstrating the credit union's dedication to supporting its members' financial needs.
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Impact
October, 2024
Credit Unions in the State of Oklahoma Cooperative Employees (CECU) significantly impacts the financial well-being of its members in Anadarko and beyond. By providing a full spectrum of quality financial products, CECU fosters opportunities for financial growth and stability among its member owners.
In the last reporting period, CECU facilitated 189 loans, totaling $3,785,673, which directly contributes to the economic empowerment of its members. These loans help members achieve various financial goals, whether it's purchasing a home, financing education, or starting a business.
The emphasis on cooperative principles allows CECU to operate in the best interest of its members, encouraging a community-focused approach to finance. By prioritizing member needs, CECU not only strengthens individual financial situations but also enhances the overall economic landscape of the community. This unique model supports local residents in navigating their financial journeys, ultimately promoting greater financial literacy and stability among its membership base.
This information is meant to be a general summary of Credit Unions In The State Of Oklahoma Cooperative Employees Cre. 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 2023.
- Investment Income: $79,871
- Program Service Revenue: $409,323
- Gross Receipts: $489,194
Assets and Liabilities:
- Total Assets: $8,461,505
- Total Liabilities: $43,230
- Net Assets: $8,418,275
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on Loans to Members
Revenue
$342,771
Interest Rebates on Loans to Members
Revenue
-$17,038
Miscellaneous Interest Income and Fees
Revenue
$83,590
Organization Details
Founding Year
1967
Principal Officer
Jamie Courtney - Cecu Manager
Website
www.cecuok.virtualcuNTEE Category
Code: W60 - Public benefit
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