Texas Health Credit Union

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

EIN: 741301485 ✦ Austin, TX ✦ Designated as a 501(c)(14)

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Overview

What is Texas Health Credit Union?

Texas Health Credit Union is a cooperative financial institution located at 4800 Grover Avenue, Austin, Texas 78756. Established with the goal of providing financial services to its members, the credit union had approximately 6,000 member-owners as of December 31, 2012. Its primary offerings include savings and checking accounts, as well as consumer and real estate loans. The credit union is regulated by both the Texas Credit Union Department and the National Credit Union Administration, ensuring the security and reliability of its services. Members can enjoy quarterly dividends on their savings accounts and access their accounts through home banking via the internet, phone, or ATMs worldwide. The credit union is insured by the National Credit Union Administration Insurance Fund, providing an additional layer of protection for its members. With a workforce of 21 employees, Texas Health Credit Union continues to serve its members with financial services and security.


Official website here: www.thcu.org

Is Texas Health Credit Union legitimate?

Texas Health Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Texas Health 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: $306,428
Professional Fundraising Fees: $0
Other Salaries and Wages: $867,408

For more financial information, click here


Official website here: www.thcu.org

What is the mission statement of Texas Health Credit Union?

Texas Health Credit Union serves as a cooperative financial institution, regulated by both the Texas Credit Union Department and the National Credit Union Administration. Its primary mission is to provide credit union financial services, acting as a cooperative provider. The credit union offers various products and services, focusing on savings and checking accounts and consumer and real estate loans. Their savings accounts offer benefits to members of all ages, paying dividends quarterly and providing access through home banking via the internet, phone, or ATMs worldwide. The credit union had approximately 6000 member-owners as of December 31, 2012.


Official website here: www.thcu.org

Who is the CEO of Texas Health Credit Union?

Tammy Botkin is the President/Ceo of Texas Health Credit Union. The CEO's salary of Texas Health Credit Union is $174,216 and their total compensation is $174,216.


Official website here: www.thcu.org

What is the revenue of Texas Health Credit Union?

Texas Health Credit Union's revenue in 2022 was $4,765,420.


Official website here: www.thcu.org

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

The average compensation at Texas Health Credit Union during 2022 was $55,897. There are 21 employees and 9 volunteers at Texas Health Credit Union.


Here are 11 key members and their salaries (Texas Health Credit Union's CEO's salary is $174,216 and their total compensation is $174,216):


Tammy Botkin (President/Ceo)
  • Compensation: $174,216
  • Related: $0
  • Other: $0
Stephen Scott (Vice President)
  • Compensation: $132,212
  • Related: $0
  • Other: $0
Tj Nissen (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Taylor (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendi Bray (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Genna (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Kennemer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Barker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Dingley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Melchior (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Zurovec (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thcu.org

Where can I find the form 990 for Texas Health Credit Union?

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


Official website here: www.thcu.org

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

Mission Statement of Texas Health Credit Union

Texas Health Credit Union, as a cooperative thrift institution, serves as a provider of credit union financial services. Its mission is to offer financial assistance to its members in the form of savings and checking accounts, as well as consumer and real estate loans. The credit union is regulated by both the Texas Credit Union Department and the National Credit Union Administration, ensuring its operations are transparent and secure. With a membership of over 6,000 individuals as of December 31, 2012, the credit union aims to provide its members with benefits through their savings accounts. These accounts offer quarterly dividends and accessibility through home banking via the internet or phone, as well as through ATMs worldwide.

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Impact




October, 2024

Texas Health Credit Union serves as a vital financial resource for its members, providing a range of services that promote savings and loan accessibility. With nearly 6,000 member-owners, it fosters a cooperative environment where individuals can benefit from shared financial resources. The credit union offers savings and checking accounts with dividends paid quarterly, ensuring that members of all ages have opportunities to grow their savings.

Additionally, Texas Health Credit Union provides consumer and real estate loans, supporting members in achieving their financial goals, whether that be purchasing a home or financing personal expenses. With convenient access to banking through home banking, mobile services, and worldwide ATMs, members can manage their finances with ease and flexibility.

Moreover, the credit union operates under the regulatory frameworks of the Texas Credit Union Department and the National Credit Union Administration, ensuring that member savings are safeguarded and that the institution maintains a strong commitment to responsible banking practices. Through its cooperative model, Texas Health Credit Union contributes to the financial well-being of the Austin community, promoting public benefit and enhancing members’ financial literacy and empowerment.




This information is meant to be a general summary of Texas Health 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
$4,765,420 (2022)
Expenses
$3,437,164 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $859,288
  • Program Service Revenue: $3,538,134
  • Gross Receipts: $4,765,420

Assets and Liabilities:

  • Total Assets: $146,399,836
  • Total Liabilities: $132,658,932
  • Net Assets: $13,740,904

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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

$3,380,221

MEMBER FEES

Revenue

$157,913

Organization Details

Founding Year

1956

Principal Officer

Tammy Botkin

Main Address

4800 GROVER AVENUE, AUSTIN, TX, 78756

NTEE Category

Code: W60 - Public benefit

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