Overview
What is Texas Bridge Credit Union?
Texas Bridge Credit Union, situated in Corpus Christi, Texas, operates as a voluntary, not-for-profit cooperative. Its primary mission is to serve as the main financial institution for its membership base, which includes individuals who work, reside, or attend school in Nueces County. The credit union is dedicated to providing top-notch financial services to its community, adhering to a continual improvement philosophy.
Is Texas Bridge Credit Union legitimate?
Texas Bridge Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Texas Bridge 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: $247,688
Professional Fundraising Fees: $0
Other Salaries and Wages: $962,440
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What is the mission statement of Texas Bridge Credit Union?
Texas Bridge Credit Union is dedicated to serving as the primary financial institution for its membership, which encompasses qualified individuals who work, reside, or attend school in Nueces County. The credit union is committed to providing high-quality financial services. As a voluntary cooperative and not-for-profit organization, Texas Bridge Credit Union seeks to fulfill this role effectively.
Who is the CEO of Texas Bridge Credit Union?
David L Brooks is the CEO of Texas Bridge Credit Union The CEO's salary of Texas Bridge Credit Union is $131,304 and their total compensation is $131,304.
What is the revenue of Texas Bridge Credit Union?
Texas Bridge Credit Union's revenue in 2023 was $4,446,773.
Who are the executives of Texas Bridge Credit Union and what are their salaries?
The average compensation at Texas Bridge Credit Union during 2023 was $48,405. There are 25 employees at Texas Bridge Credit Union.
Here are 9 key members and their salaries (Texas Bridge Credit Union's CEO's salary is $131,304 and their total compensation is $131,304):
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- Compensation: $131,304
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- Compensation: $116,384
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Where can I find the form 990 for Texas Bridge Credit Union?
Texas Bridge Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Texas Bridge Credit Union
Texas Bridge Credit Union is dedicated to serving as the primary financial institution for its membership, which includes any qualified individuals who work, reside, or attend school in Nueces County. Its mission is to provide top-notch financial services to this community, aiming to meet their diverse financial needs. As a voluntary cooperative and not-for-profit entity, Texas Bridge Credit Union places the best interests of its members at the forefront of its operations, ensuring that they receive high-quality financial services.
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Impact
October, 2024
Texas Bridge Credit Union plays a pivotal role in enhancing the financial well-being of its community in Corpus Christi, Texas. By providing quality financial services, it serves as a primary financial institution for members who work, live, or attend school in Nueces County. The Credit Union fosters economic development by offering a range of services tailored to meet the diverse needs of its members, ensuring they have access to affordable banking options.
Through its cooperative model, Texas Bridge Credit Union emphasizes community engagement and support, promoting financial literacy and empowering individuals to make informed decisions about their financial future. This commitment to community-oriented service strengthens local economies and fosters a sense of belonging among members, aligning closely with its mission to serve the needs of the region effectively.
This information is meant to be a general summary of Texas Bridge 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 2023.
- Investment Income: $390,101
- Program Service Revenue: $4,056,672
- Gross Receipts: $4,446,773
Assets and Liabilities:
- Total Assets: $78,366,662
- Total Liabilities: $71,857,480
- Net Assets: $6,509,182
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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
$2,951,458
FEES AND CHARGES
Revenue
$1,019,597
MISCELLANEOUS OPER
Revenue
$85,617
Organization Details
Founding Year
1951
Principal Officer
David L Brooks
NTEE Category
Code: W60 - Public benefit
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