Overview
What is Galveston Government Employees Credit Union?
Galveston Government Employees Credit Union is a nonprofit organization based in Dickinson, Texas. With a focus on encouraging savings and improving the economic conditions of its members, the credit union provides various loan products at competitive rates. Established with a mission to promote thrift and offer fair returns, the credit union has a workforce of three individuals dedicated to serving its members.
Is Galveston Government Employees Credit Union legitimate?
Galveston Government Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Galveston Government Employees 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: $42,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,558
For more financial information, click here
What is the mission statement of Galveston Government Employees Credit Union?
The Galveston Government Employees Credit Union is established with the purpose of promoting savings among its members, offering them a fair return on their investments, and providing an opportunity to enhance their economic condition. The credit union's mission aligns with this objective, aiming to encourage thrift, ensure competitive interest rates, and offer loan products to assist members in improving their financial standing.
Who is the CEO of Galveston Government Employees Credit Union?
Rachel Jones is the Board Chair of Galveston Government Employees Credit Union. The CEO's salary of Galveston Government Employees Credit Union is $42,100 and their total compensation is $42,100.
What is the revenue of Galveston Government Employees Credit Union?
Galveston Government Employees Credit Union's revenue in 2022 was $451,340.
Who are the executives of Galveston Government Employees Credit Union and what are their salaries?
The average compensation at Galveston Government Employees Credit Union during 2022 was $41,886. There are 3 employees at Galveston Government Employees Credit Union.
Here are 8 key members and their salaries (Galveston Government Employees Credit Union's CEO's salary is $42,100 and their total compensation is $42,100):
- 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
- Compensation: $42,100
- Related: $0
- Other: $0
Where can I find the form 990 for Galveston Government Employees Credit Union?
Galveston Government Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Galveston Government Employees Credit Union
Galveston Government Employees Credit Union, established with a mission in mind, is organized with the primary goal of promoting thrift among its members. This nonprofit organization strives to provide its members with a fair return on their investments, thus creating an opportunity for them to improve their economic condition. In simpler terms, Galveston Government Employees Credit Union aims to encourage its members to save money and offers them competitive interest rates on their savings, ultimately helping them boost their financial well-being. The credit union accomplishes this by offering various loan products to its members at competitive rates. By doing so, it not only helps its members manage their finances better but also contributes to enhancing their overall financial stability.
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
Galveston Government Employees Credit Union actively fosters financial well-being among its members by encouraging thrift and offering a range of loan products at competitive rates. Located in Dickinson, TX, the credit union serves as a vital resource for the community, providing access to financial services designed to improve the economic conditions of its members. Through its commitment to fair returns and responsible lending, the credit union not only enhances individual financial stability but also contributes to the broader economic health of the area. This focus on encouraging savings and providing accessible loans positions the credit union as an essential player in promoting public benefit and financial empowerment in the community.
This information is meant to be a general summary of Galveston Government Employees 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: $17,761
- Program Service Revenue: $433,579
- Gross Receipts: $451,340
Assets and Liabilities:
- Total Assets: $7,510,644
- Total Liabilities: $6,825,741
- Net Assets: $684,903
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.
INCOME FROM LOANS
Revenue
$322,628
INCOME FROM FEES
Revenue
$110,951
Organization Details
Founding Year
1933
Phone
(409) 908-9834Principal Officer
Rachel Jones
Main Address
PO BOX 1149, DICKINSON, TX, 77539
NTEE Category
Code: W60 - Public benefit
If you are a representative of Galveston Government Employees Credit Union 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.