Overview
What is Thd Dist 17 Credit Union?
Thd Dist 17 Credit Union is a community-focused financial institution, specifically classified as a Credit Union, situated in Bryan, Texas. With a membership of over 470 individuals as of December 31, 2022, it operates as a cooperative thrift organization. The Credit Union's primary goal is to foster financial growth among its members by promoting consistent savings habits and offering competitive dividend rates on share accounts. Their mission includes providing loans for prudent and productive purposes, thereby contributing to the overall well-being of its members. The Credit Union's office serves as a hub for members to engage with staff and discuss their savings needs, further reinforcing its commitment to member empowerment. The organization is managed by a team of two dedicated employees.
Is Thd Dist 17 Credit Union legitimate?
Thd Dist 17 Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Thd Dist 17 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: $33,957
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,720
For more financial information, click here
What is the mission statement of Thd Dist 17 Credit Union?
Thd Dist 17 Credit Union operates as a cooperative thrift organization, commonly known as a Credit Union. Its primary mission is to foster the financial growth of its members. This is achieved through a systematic savings program, where members can open share accounts with competitive dividend rates. The Credit Union also provides loans for provident and productive purposes, supporting its members in their financial needs. By encouraging consistent savings habits, the Credit Union aims to help each member build their wealth. Members are encouraged to engage with the Credit Union's staff to discuss their savings needs, fostering a personalized approach to financial management.
Who is the CEO of Thd Dist 17 Credit Union?
Maurice Maness Chairman is the Principal Officer of Thd Dist 17 Credit Union.
What is the revenue of Thd Dist 17 Credit Union?
Thd Dist 17 Credit Union's revenue in 2022 was $140,328.
Who are the executives of Thd Dist 17 Credit Union and what are their salaries?
The average compensation at Thd Dist 17 Credit Union during 2022 was $28,338. There are 2 employees at Thd Dist 17 Credit Union.
Here are 8 key members and their salaries:
- Compensation: $33,957
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Thd Dist 17 Credit Union?
Thd Dist 17 Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Thd Dist 17 Credit Union
Thd Dist 17 Credit Union, as a cooperative thrift organization, is committed to enhancing the financial well-being of its members. Its mission is twofold: firstly, to foster a systematic savings program among its members, encouraging a consistent savings habit. Secondly, it aims to provide loans for provident and productive purposes, ensuring that members can access funds for their future needs and aspirations. By offering member-owned share accounts with competitive dividend rates, the Credit Union not only supports financial growth but also fosters a sense of community and mutual support among its members. The Credit Union's staff encourages members to engage with them, discussing their savings needs and offering personalized guidance.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Thd Dist 17 Credit Union plays a significant role in enhancing the financial well-being of its members and the community in Bryan, Texas. By functioning as a cooperative thrift organization, it focuses on building members' wealth through systematic savings programs, which cultivate consistent saving habits among individuals of all ages.
With 471 member-owned accounts as of December 31, 2022, the Credit Union offers share accounts that provide competitive dividend rates, ensuring that members see a return on their savings. Dividends are paid quarterly, supporting financial growth and stability for all members.
The Credit Union encourages personal interaction, inviting members to meet with staff to discuss their savings strategies and financial needs. This personalized approach fosters a sense of community and support, contributing to a stronger financial foundation for its members. Additionally, by providing loans for provident and productive purposes, Thd Dist 17 Credit Union helps empower members to make significant investments in their lives, whether that’s through home purchases, education, or other meaningful endeavors.
Overall, the impact of Thd Dist 17 Credit Union extends beyond individual savings and loans; it actively works to build a thriving financially literate community in Bryan, promoting growth, stability, and opportunity for all its members.
This information is meant to be a general summary of Thd Dist 17 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: $14,525
- Program Service Revenue: $122,406
- Gross Receipts: $140,328
Assets and Liabilities:
- Total Assets: $4,255,486
- Total Liabilities: $3,451,234
- Net Assets: $804,252
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan Interest
Revenue
$115,963
Member Fees and Charges
Revenue
$6,443
Organization Details
Founding Year
1956
Phone
(979) 778-8433Principal Officer
Maurice Maness Chairman
Main Address
Post Office Box 1312, Bryan, TX, 778061312
NTEE Category
Code: W60 - Public benefit
If you are a representative of Thd Dist 17 Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.