Beaumont Community Credit Union

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

EIN: 741284642 ✦ Beaumont, TX ✦ Designated as a 501(c)(14)

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Overview

What is Beaumont Community Credit Union?

Beaumont Community Credit Union is a local financial institution situated in Beaumont, Texas, specifically at 660 S ML KING JR PARKWAY. Established with a mission to serve its members, the credit union offers various loan products at competitive rates. Committed to delivering sound financial services, it operates in a personal and professional manner, ensuring the satisfaction and well-being of its members. With a modest workforce of 10 individuals, the credit union strives to maintain a strong connection with its community, offering financial solutions tailored to its members' needs.

Is Beaumont Community Credit Union legitimate?

Beaumont Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Beaumont Community 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: $77,834
Professional Fundraising Fees: $0
Other Salaries and Wages: $287,132

For more financial information, click here

What is the mission statement of Beaumont Community Credit Union?

Beaumont Community Credit Union is committed to providing its members with reliable and quality financial services in a personal and professional manner. The credit union's mission is centered around offering various loan products at competitive rates, aiming to cater to its members' financial needs effectively. By maintaining this dedicated approach, the credit union seeks to build strong relationships with its members, ensuring they have access to reliable financial services.

Who is the CEO of Beaumont Community Credit Union?

Paula Labrie is the Treasurer of Beaumont Community Credit Union. The CEO's salary of Beaumont Community Credit Union is $77,834 and their total compensation is $77,834.

What is the revenue of Beaumont Community Credit Union?

Beaumont Community Credit Union's revenue in 2022 was $1,273,853.

Who are the executives of Beaumont Community Credit Union and what are their salaries?

The average compensation at Beaumont Community Credit Union during 2022 was $36,497. There are 10 employees at Beaumont Community Credit Union.


Here are 9 key members and their salaries (Beaumont Community Credit Union's CEO's salary is $77,834 and their total compensation is $77,834):


Earl White (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lane Nichols (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Herrera (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Labrie (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Beatty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Mcgriff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Beadle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carey Balka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angel Diamantis (Manager/Ceo)
  • Compensation: $77,834
  • Related: $0
  • Other: $0
Where can I find the form 990 for Beaumont Community Credit Union?

Beaumont Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Beaumont Community Credit Union

Beaumont Community Credit Union is committed to delivering reliable financial services to its members in a manner that is both personal and professional. Their mission is centered around providing a wide range of loan products at competitive rates, ensuring that their members have access to the financial assistance they need. By doing so, the credit union aims to build strong relationships with its members, offering them financial solutions tailored to their individual needs.

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Impact




October, 2024

Beaumont Community Credit Union positively impacts its members and the wider Beaumont, TX community by providing access to a variety of financial services tailored to meet individual needs. The credit union is committed to delivering sound financial solutions with a personal touch, ensuring that members receive professional assistance in managing their finances.

By offering competitive loan products across different categories, Beaumont Community Credit Union helps members achieve their financial goals, whether that’s purchasing a home, financing a vehicle, or managing personal expenses. This focus on member-centric services promotes financial well-being and stability within the community, fostering a sense of trust and support among its members. The credit union’s dedication to personal service enhances the financial literacy and confidence of its members, contributing to a more empowered and informed community.




This information is meant to be a general summary of Beaumont Community 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
$1,273,853 (2022)
Expenses
$1,311,584 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $142,124
  • Program Service Revenue: $1,131,729
  • Gross Receipts: $1,273,853

Assets and Liabilities:

  • Total Assets: $31,800,469
  • Total Liabilities: $28,037,001
  • Net Assets: $3,763,468

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON OANS

Revenue

$459,522

FEES & CHARGES

Revenue

$611,750

OTHER OPERATING INCOME

Revenue

$60,457

Organization Details

Founding Year

1956

Principal Officer

Paula Labrie

Main Address

660 S ML KING JR PARKWAY, BEAUMONT, TX, 77701

NTEE Category

Code: W60 - Public benefit

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