Overview
What is Plus4 Credit Union?
Plus4 Credit Union is a financial institution situated in Houston, Texas, specifically at 9998 Almeda Genoa Rd. This cooperative is dedicated to its members, offering them share accounts that provide regular dividends. Members can access these accounts through various channels, including branch locations, automated teller machines (ATMs), the internet, and telephone services. Plus4 Credit Union has a special focus on nurturing saving habits in children and adolescents by providing tailored accounts for them. The primary mission of this credit union is to deliver banking and loan services to its members, aiming to positively impact their lives. As of the provided data, the organization employs a team of 62 individuals.
Is Plus4 Credit Union legitimate?
Plus4 Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Plus4 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: $2,431,678
For more financial information, click here
What is the mission statement of Plus4 Credit Union?
The mission of Plus4 Credit Union, as stated, is centered around providing banking and loan services to its members. This mission is driven by a desire to positively impact individuals' lives. By offering various services such as share accounts with monthly dividends and special savings accounts for children and adolescents, the credit union aims to foster financial growth and instill savings habits in its members. The credit union utilizes various access points, including branch locations, the internet, ATMs, and telephone, to make its services readily available to its members.
Who is the CEO of Plus4 Credit Union?
Malcolm Renee is the Ceo of Plus4 Credit Union. The CEO's salary of Plus4 Credit Union is $90,000 and their total compensation is $90,000.
What is the revenue of Plus4 Credit Union?
Plus4 Credit Union's revenue in 2021 was $9,356,644.
Who are the executives of Plus4 Credit Union and what are their salaries?
The average compensation at Plus4 Credit Union during 2021 was $39,221. There are 62 employees at Plus4 Credit Union.
Here are 18 key members and their salaries (Plus4 Credit Union's CEO's salary is $90,000 and their total compensation is $90,000):
- Compensation: $90,000
- Related: $0
- Other: $0
- Compensation: $155,935
- Related: $0
- Other: $0
- Compensation: $101,645
- Related: $0
- Other: $0
- Compensation: $116,829
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
Where can I find the form 990 for Plus4 Credit Union?
Plus4 Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Plus4 Credit Union
Plus4 Credit Union, as a financial institution, is committed to serving its members by providing banking and loan services. The primary objective of Plus4 Credit Union is to invest in people and enhance their lives. This mission is carried out by offering various banking services, including share accounts that pay monthly dividends, which can be accessed through branch locations, ATMs, internet, and telephone. Moreover, Plus4 Credit Union has special accounts tailored for children and adolescents, aiming to instill the importance of consistent savings in the younger generation.
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Impact
October, 2024
Plus4 Credit Union significantly impacts its community by providing accessible banking and loan services, which empower individuals to improve their financial well-being. By offering share accounts that pay monthly dividends, Plus4 encourages savings among its members, helping them to build a stable financial future.
The credit union enhances financial literacy and responsibility among young members through special accounts designed for children and adolescents, fostering the development of consistent saving habits from a young age. With services available through various channels, including branch locations, the internet, ATMs, and telephone, Plus4 ensures that its members have convenient access to the financial tools they need to succeed.
Overall, Plus4 Credit Union is committed to investing in people and improving lives in Houston, TX, making a tangible difference in the lives of its members and the broader community.
This information is meant to be a general summary of Plus4 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 2021.
- Investment Income: $112,769
- Program Service Revenue: $9,243,875
- Gross Receipts: $9,356,644
Assets and Liabilities:
- Total Assets: $132,777,176
- Total Liabilities: $115,165,588
- Net Assets: $17,611,588
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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
$5,993,045
Non-interest income
Revenue
$3,250,830
Organization Details
Founding Year
1929
Phone
(713) 970-6273Principal Officer
Malcolm Renee
Main Address
9998 Almeda Genoa Rd, Houston, TX, 77075
NTEE Category
Code: W60 - Public benefit
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