Overview
What is Corpus Christi Postal Employees Credit Union?
Corpus Christi Postal Employees Credit Union is a financial institution located in Corpus Christi, Texas, specifically at 808 Nueces Bay Blvd. Established with the purpose of promoting thrift among its members, the credit union offers competitive loan rates and serves as a platform for members to enhance their financial standing. With a modest workforce of 7 employees, the credit union provides a range of banking services, ensuring fair and reasonable credit opportunities for its members.
Is Corpus Christi Postal Employees Credit Union legitimate?
Corpus Christi Postal Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Corpus Christi Postal 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: $108,160
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,947
For more financial information, click here
What is the mission statement of Corpus Christi Postal Employees Credit Union?
The Corpus Christi Postal Employees Credit Union has a mission to foster savings among its members. They achieve this by offering credit at reasonable rates. Furthermore, the credit union aims to provide a platform for its members to enhance their financial standing. By offering a range of banking services, including competitive loans, the credit union enables its members to improve their economic condition. In essence, the credit union serves to promote financial well-being among its members.
Who is the CEO of Corpus Christi Postal Employees Credit Union?
Elma Schwing is the Board Chair of Corpus Christi Postal Employees Credit Union. The CEO's salary of Corpus Christi Postal Employees Credit Union is $108,160 and their total compensation is $108,160.
What is the revenue of Corpus Christi Postal Employees Credit Union?
Corpus Christi Postal Employees Credit Union's revenue in 2022 was $851,349.
Who are the executives of Corpus Christi Postal Employees Credit Union and what are their salaries?
The average compensation at Corpus Christi Postal Employees Credit Union during 2022 was $35,587. There are 7 employees and 7 volunteers at Corpus Christi Postal Employees Credit Union.
Here are 9 key members and their salaries (Corpus Christi Postal Employees Credit Union's CEO's salary is $108,160 and their total compensation is $108,160):
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- Compensation: $108,160
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Where can I find the form 990 for Corpus Christi Postal Employees Credit Union?
Corpus Christi Postal Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Corpus Christi Postal Employees Credit Union
Corpus Christi Postal Employees Credit Union is dedicated to promoting savings among its members. Its mission is to offer credit at reasonable and fair rates, serving as a platform for members to enhance their financial well-being. By providing these services, the credit union aims to provide its members with an opportunity to boost their economic condition. In essence, Corpus Christi Postal Employees Credit Union is committed to fostering financial responsibility and stability among its members. It achieves this by offering a range of banking services, including competitive loan options.
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Impact
October, 2024
Corpus Christi Postal Employees Credit Union plays a vital role in fostering financial stability and growth among its members. By providing a range of banking services, the credit union encourages thrift and savings, which helps individuals build wealth and secure their financial futures.
The credit union offers loans at competitive rates, making credit accessible to members and enabling them to make significant purchases, invest in their education, or manage unexpected expenses. This fair and reasonable lending approach supports the economic development of the community by allowing members to improve their financial circumstances.
Moreover, the credit union’s mission to enhance the economic well-being of its members reflects a commitment to building a stronger community overall. By facilitating responsible financial practices and promoting access to financial resources, Corpus Christi Postal Employees Credit Union significantly contributes to the economic empowerment of its members.
This information is meant to be a general summary of Corpus Christi Postal 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: $87,113
- Program Service Revenue: $764,236
- Gross Receipts: $851,349
Assets and Liabilities:
- Total Assets: $15,474,830
- Total Liabilities: $13,656,072
- Net Assets: $1,818,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on Loans
Revenue
$509,152
Fees and Charges
Revenue
$255,084
Organization Details
Founding Year
1931
Phone
(361) 888-5871Principal Officer
Elma Schwing
Main Address
808 Nueces Bay Blvd, Corpus Christi, TX, 78408
NTEE Category
Code: W60 - Public benefit
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