Texas Dow Ecu

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

EIN: 741260543 ✦ Lake jackson, TX ✦ Designated as a 501(c)(14)

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Overview

What is Texas Dow Ecu?

Texas Dow Ecu is a not-for-profit financial cooperative with over 382,000 members and 35 member service locations. Based in Lake Jackson, Texas (77566), their primary mission is to boost the economic well-being of their members by providing a wide range of competitive financial services in a cooperative setting. With a staff of 1,152 employees, they offer an array of convenient products and services to their members.


Official website here: www.tdecu.org

Is Texas Dow Ecu legitimate?

Texas Dow Ecu is a legitimate nonprofit organization registered as a 501(c)(14) entity. Texas Dow Ecu 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: $4,624,889
Professional Fundraising Fees: $0
Other Salaries and Wages: $68,381,435

For more financial information, click here


Official website here: www.tdecu.org

What is the mission statement of Texas Dow Ecu?

Texas Dow Ecu is a not-for-profit financial cooperative dedicated to enhancing the economic well-being of its members. Through cooperative financial services, it aims to provide a range of convenient and competitive products and services that cater to the financial needs of its over 382,000 members. By operating as a cooperative, Texas Dow Ecu prioritizes the interests of its members, fostering a sense of community and collaboration among them. The organization's mission is to create value and opportunities that support the financial goals and aspirations of its diverse membership base.


Official website here: www.tdecu.org

Who is the CEO of Texas Dow Ecu?

Isaac Johnson is the CEO of Texas Dow Ecu The CEO's salary of Texas Dow Ecu is $1,066,405 and their total compensation is $1,378,970.


Official website here: www.tdecu.org

What is the revenue of Texas Dow Ecu?

Texas Dow Ecu's revenue in 2023 was $348,738,510.


Official website here: www.tdecu.org

Who are the executives of Texas Dow Ecu and what are their salaries?

The average compensation at Texas Dow Ecu during 2023 was $65,301. There are 1118 employees and 14 volunteers at Texas Dow Ecu.

Here are 27 key members and their salaries (Texas Dow Ecu's CEO's salary is $1,066,405 and their total compensation is $1,378,970):


Smith Richard B (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chibib Adam (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sikora David (Bod Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buche Daniel L (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Coe Frank Curtis (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Killinger Elizabeth (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miltenberger Peggy (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Montana Greg (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Lynden (Bod Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hornback George R (Bod Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zingleman Edward L (Bod Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hendricks Roland K (Bod Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antonini Jack (Holdings Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Baldwin Iii Robert (Holdings Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Johnson (President And Chief Executive Officer)
  • Compensation: $1,066,405
  • Related: $0
  • Other: $312,565
Jason Schneider (Chief Finance And Risk Officer)
  • Compensation: $465,782
  • Related: $0
  • Other: $165,004
Michael Massey (Holdings President And Svp Tdecu)
  • Compensation: $435,979
  • Related: $0
  • Other: $161,567
Qiara Suggs (Chief Human Capital Officer)
  • Compensation: $389,032
  • Related: $0
  • Other: $157,401
Jose Delgado (Chief Banking Officer)
  • Compensation: $398,977
  • Related: $0
  • Other: $142,797
Sheiludis Moyett (Chief Marketing And Digital Officer)
  • Compensation: $350,137
  • Related: $0
  • Other: $148,612
Aparna Dave (Chief Legal Officer)
  • Compensation: $207,994
  • Related: $0
  • Other: $22,872
Ashish Chopra (Chief Information And Technology Officer)
  • Compensation: $199,605
  • Related: $0
  • Other: $160
Anthony Warden (Svp - Member Experience)
  • Compensation: $481,701
  • Related: $0
  • Other: $134,205
Michael Plaia Terminated (Svp - Chief Risk Officer)
  • Compensation: $432,086
  • Related: $0
  • Other: $26,878
Marie Bonnett Terminated (Vp - General Counsel)
  • Compensation: $361,200
  • Related: $0
  • Other: $5,379
Brandy Phillips (Svp - Operations)
  • Compensation: $356,837
  • Related: $0
  • Other: $92,281
Joshua Brian (Vp - Market President)
  • Compensation: $285,419
  • Related: $0
  • Other: $86,790


Official website here: www.tdecu.org

Where can I find the form 990 for Texas Dow Ecu?

Texas Dow Ecu's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.tdecu.org

Learn more at the official website: www.tdecu.org

Mission Statement of Texas Dow Ecu

Texas Dow Ecu, a not-for-profit financial cooperative, is dedicated to enhancing the economic well-being of its members. By offering a range of competitive financial services, Texas Dow Ecu aims to create a cooperative community that empowers its members to thrive. With a membership base of over 382,000 individuals, the cooperative boasts 35 member service locations throughout the organization.

At the heart of Texas Dow Ecu's mission lies the belief that financial stability and prosperity are essential for individuals and communities. By providing a complete selection of convenient financial products and services, the cooperative strives to meet the diverse needs of its members. Texas Dow Ecu's commitment to its members extends beyond just financial services, as it seeks to build a cooperative community that supports and uplifts each other in their economic pursuits.

The not-for-profit nature of the cooperative ensures that any profits generated are reinvested back into the organization, enhancing the value and benefits it offers to its members. Through its cooperative financial services, Texas Dow Ecu aims to create a positive impact on the lives of its members, contributing to their financial security and overall well-being.

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Impact




October, 2024

Texas Dow Ecu significantly enhances the economic well-being of its members by providing a comprehensive range of cooperative financial services. With over 382,000 members and 35 service locations, it offers convenient access to competitive financial products that cater to the diverse needs of individuals and families in the community. The organization focuses on empowering its members through responsible lending practices, financial education, and tailored services that promote financial stability and growth. By prioritizing the interests of its members, Texas Dow Ecu fosters a sense of community and enhances economic opportunities within the region.




This information is meant to be a general summary of Texas Dow Ecu. 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
$348,738,510 (2023)
2011201220132014201520162017201820192020202120222023$0$90M$180M$270M$360M
Expenses
$315,843,296 (2023)
2011201220132014201520162017201820192020202120222023$0$80M$160M$240M$320M
Efficiency
20112012201320142015201620172018201920202021202220230%6%12%18%26%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $9,297,680
  • Program Service Revenue: $304,387,311
  • Gross Receipts: $348,968,513

Assets and Liabilities:

  • Total Assets: $4,701,048,632
  • Total Liabilities: $4,262,014,516
  • Net Assets: $439,034,116

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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

$247,709,302

FEE INCOME

Revenue

$32,795,791

OTHER OPERATING INCOME

Revenue

$20,760,399

FINANCE AND INSURANCE

Revenue

$3,121,819

Organization Details

Founding Year

1955

Principal Officer

Isaac Johnson

Main Address

1001 FM 2004, LAKE JACKSON, TX, 77566

NTEE Category

Code: W60 - Public benefit

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