Overview
What is Wharton Co Teachers Credit Union?
Wharton Co Teachers Credit Union is a nonprofit financial institution situated in Wharton, Texas, specifically at 2114 Junior College Boulevard. This credit union is uniquely designed to serve teachers and their families, as indicated by its mission and activities. Its primary purpose is to carry out its mission, providing essential financial services to its members. The credit union employs a modest workforce of four individuals, demonstrating its commitment to serving its community.
Is Wharton Co Teachers Credit Union legitimate?
Wharton Co Teachers Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Wharton Co Teachers 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:
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Other Salaries and Wages: $78,922
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What is the mission statement of Wharton Co Teachers Credit Union?
The Wharton County Teachers Credit Union is designed to serve teachers and their families. Its mission, as stated, is to facilitate this credit union's operations. However, to provide a more meaningful summary, it can be inferred that the mission of Wharton County Teachers Credit Union is to offer financial services and resources tailored to the needs of teachers and their families, aiming to support their financial well-being and stability. The credit union's activities are geared towards carrying out this mission, ensuring that teachers and their families have access to credit and financial services.
Who is the CEO of Wharton Co Teachers Credit Union?
Harold Parnell is the Chairman of Wharton Co Teachers Credit Union.
What is the revenue of Wharton Co Teachers Credit Union?
Wharton Co Teachers Credit Union's revenue in 2022 was $166,092.
Who are the executives of Wharton Co Teachers Credit Union and what are their salaries?
The average compensation at Wharton Co Teachers Credit Union during 2022 was $19,730. There are 4 employees at Wharton Co Teachers Credit Union.
Here are 10 key members and their salaries:
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- Compensation: $27,192
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Where can I find the form 990 for Wharton Co Teachers Credit Union?
Wharton Co Teachers Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wharton Co Teachers Credit Union
Wharton Co Teachers Credit Union is a mission-driven organization, dedicated to providing credit union services to educators and their families. At its core, the credit union's mission is to be accessible to this specific community, offering them financial assistance and support. While the provided information does not delve into the specifics of this mission, it can be inferred that the credit union's activities are geared towards carrying out this mission effectively. The exact expenses involved in accomplishing this mission are also not disclosed, but it is assumed that the credit union invests in various programs and services to cater to its member-teachers and their families.
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Impact
October, 2024
Wharton Co Teachers Credit Union plays a pivotal role in the financial well-being of educators and their families in Wharton, Texas. By providing accessible financial services tailored specifically for teachers, it fosters a supportive community focused on the unique needs of its members. This credit union enhances the financial resilience of educators by offering programs that promote savings, affordable loans, and financial education.
The organization's commitment to its mission ensures that teachers have the resources they need to manage their finances effectively. By prioritizing the financial needs of educational professionals, Wharton Co Teachers Credit Union empowers members to achieve greater financial stability, ultimately benefiting the broader community through a more secure and informed population. Furthermore, its focus on public benefit reinforces its dedication to enriching the lives of those who dedicate themselves to educating future generations.
This information is meant to be a general summary of Wharton Co Teachers 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: $166,092
- Gross Receipts: $166,092
Assets and Liabilities:
- Total Assets: $9,363,686
- Total Liabilities: $7,368,509
- Net Assets: $1,995,177
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Organization Details
Founding Year
1953
Phone
(979) 532-1930Principal Officer
Harold Parnell
Main Address
2114 JUNIOR COLLEGE BLVD, WHARTON, TX, 774881004
NTEE Category
Code: W60 - Public benefit
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