T & Fs Employees Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 740932006 ✦ Port arthur, TX ✦ Designated as a 501(c)(14)

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Overview

What is T & Fs Employees Credit Union?

T&Fs Employees Credit Union is a financial institution situated in Port Arthur, Texas. Its primary purpose, as stated in its mission, is to facilitate savings and lending services for its members. This credit union operates with the aim of promoting financial stability and growth within its community.

Is T & Fs Employees Credit Union legitimate?

T & Fs Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. T & Fs 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,000

For more financial information, click here

What is the mission statement of T & Fs Employees Credit Union?

T&Fs Employees Credit Union is dedicated to the provision of savings and loan services. Their mission, in essence, revolves around facilitating financial transactions involving savings and loans. This credit union operates with the aim of catering to the financial needs of its members, offering savings opportunities and providing loans when required. The focus is on providing financial services to its employee-members, ensuring financial security and growth.

Who is the CEO of T & Fs Employees Credit Union?

Belinda Derouen is the Ceo of T & Fs Employees Credit Union. The CEO's salary of T & Fs Employees Credit Union is $45,000 and their total compensation is $45,000.

What is the revenue of T & Fs Employees Credit Union?

T & Fs Employees Credit Union's revenue in 2021 was $0.

Who are the executives of T & Fs Employees Credit Union and what are their salaries?

The average compensation at T & Fs Employees Credit Union during 2021 was $45,000. There is 1 employee and 7 volunteers at T & Fs Employees Credit Union.


Here are 8 key members and their salaries (T & Fs Employees Credit Union's CEO's salary is $45,000 and their total compensation is $45,000):


Belinda Derouen (Ceo)
  • Compensation: $45,000
  • Related: $0
  • Other: $0
Bryan Coles (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Foreman (Secretary/Credit Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Claiborne (Credit Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tesa Lawless (Credit Committee/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Thomas (Supervisory Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Farron Mayhugh (Supervisory Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Plante (Supervisory Committee/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for T & Fs Employees Credit Union?

T & Fs Employees Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of T & Fs Employees Credit Union

T&Fs Employees Credit Union, as a credit union based in Port Arthur, Texas, is committed to the mission of savings and loans. In simpler terms, this financial institution exists to facilitate savings accumulation and provide loans to its members. The primary goal is to help individuals and families manage their finances by offering savings services and providing access to loans when needed. This mission is crucial in promoting financial stability and well-being within the community it serves.

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Impact




October, 2024

T & Fs Employees Credit Union significantly contributes to the financial well-being of the Port Arthur community by providing accessible savings and loan options. By focusing on these essential services, the credit union empowers its members to manage their finances effectively, build savings, and access affordable loans. This support helps individuals and families achieve their financial goals, fostering economic stability in the area. The credit union's commitment to public benefit encourages a sense of community and collaboration among its members, ultimately enhancing the overall quality of life in Port Arthur, TX.




This information is meant to be a general summary of T & Fs 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.

Revenue
$0 (2021)
Expenses
$87,146 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

    Assets and Liabilities:

    • Total Assets: $645,951
    • Total Liabilities: $645,951
    • Net Assets: $0

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    Organization Details

    Founding Year

    1930

    Principal Officer

    Belinda Derouen

    Main Address

    3800 Hwy 365 Suite127, Port Arthur, TX, 77642

    NTEE Category

    Code: W60 - Public benefit

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