Baptist Credit Union

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

EIN: 741300807 ✦ San antonio, TX ✦ Designated as a 501(c)(14)

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Overview

What is Baptist Credit Union?

Baptist Credit Union is a nonprofit organization situated in San Antonio, Texas. With a dedicated team of 24 employees, their primary mission is to enrich members' lives by providing exceptional service, top-notch financial products, and personal financial education. They strive to foster a long-term relationship with their members, offering various loan products at competitive rates. Their focus on improving lives extends beyond financial services, ensuring they cater to their members' needs through quality offerings.

Is Baptist Credit Union legitimate?

Baptist Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Baptist 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: $246,749
Professional Fundraising Fees: $0
Other Salaries and Wages: $733,775

For more financial information, click here

What is the mission statement of Baptist Credit Union?

Baptist Credit Union's mission is centered around enhancing its members' lives. This is achieved through exceptional service, high-quality financial products and services, and a strong emphasis on financial education. The credit union also values building long-term relationships with its members. By offering a variety of loan products at competitive rates, Baptist Credit Union aims to contribute positively to its members' financial well-being.

Who is the CEO of Baptist Credit Union?

Nick Holguin is the Board Chair of Baptist Credit Union. The CEO's salary of Baptist Credit Union is $143,574 and their total compensation is $143,574.

What is the revenue of Baptist Credit Union?

Baptist Credit Union's revenue in 2022 was $2,937,381.

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

The average compensation at Baptist Credit Union during 2022 was $40,855. There are 24 employees at Baptist Credit Union.


Here are 11 key members and their salaries (Baptist Credit Union's CEO's salary is $143,574 and their total compensation is $143,574):


Richard Failing (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harvey Foegelle (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Tarin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Scofield (Treasurrer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Flores (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Liebrum (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Arnold (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Benitez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Toth (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicolas Holguin (President/Ceo)
  • Compensation: $143,574
  • Related: $0
  • Other: $0
Dorothy Roese (Svp/Cfo)
  • Compensation: $103,745
  • Related: $0
  • Other: $0
Where can I find the form 990 for Baptist Credit Union?

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

Mission Statement of Baptist Credit Union

Baptist Credit Union is committed to enhancing its members' lives by delivering exceptional service, high-quality financial products, and educational resources. The credit union aims to foster a long-term relationship with its members, going beyond the typical financial institution role. By providing personal financial education, Baptist Credit Union aims to empower its members to make informed financial decisions. The credit union's mission is centered around improving lives, not just through financial services, but also through the establishment of strong, enduring relationships with its members.

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Impact




October, 2024

Baptist Credit Union significantly impacts its members' lives by providing access to a wide range of quality financial products and services tailored to their needs. Located in San Antonio, TX, the credit union emphasizes extraordinary service, ensuring that each member receives personalized attention and support. Through competitive loan products, it empowers individuals and families to achieve their financial goals, whether that's purchasing a home, financing a vehicle, or managing daily expenses.

In addition to lending services, Baptist Credit Union prioritizes personal financial education, equipping members with the knowledge and tools necessary to make informed financial decisions. This commitment to ongoing education fosters a strong, long-term relationship between the credit union and its members, enhancing their financial well-being and promoting a sense of community. Overall, Baptist Credit Union plays a vital role in supporting its members' financial journeys and improving their quality of life.




This information is meant to be a general summary of Baptist 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
$2,937,381 (2022)
Expenses
$2,739,202 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $187,636
  • Program Service Revenue: $2,744,828
  • Gross Receipts: $2,937,381

Assets and Liabilities:

  • Total Assets: $49,159,061
  • Total Liabilities: $45,494,645
  • Net Assets: $3,664,416

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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

$1,524,035

FEES AND OTHER CHARGES

Revenue

$890,429

OTHER OPERATING INCOME

Revenue

$330,364

Organization Details

Founding Year

1955

Principal Officer

Nick Holguin

Main Address

5815 I10 WEST, SAN ANTONIO, TX, 782012800

NTEE Category

Code: W60 - Public benefit

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