Associated Credit Union Of Texas

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

EIN: 741321144 ✦ League city, TX ✦ Designated as a 501(c)(14)

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Overview

What is Associated Credit Union Of Texas?

Associated Credit Union of Texas is a member-owned financial institution committed to delivering progressive and quality services to its members. They prioritize a caring and professional approach while ensuring a strong financial foundation. The credit union offers various financial functions and pays dividends to its members, all in line with its mission to provide responsive and reliable services.


Official website here: www.acutx.org

Is Associated Credit Union Of Texas legitimate?

Associated Credit Union Of Texas is a legitimate nonprofit organization registered as a 501(c)(14) entity. Associated Credit Union Of Texas 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: $1,644,032
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,565,410

For more financial information, click here


Official website here: www.acutx.org

What is the mission statement of Associated Credit Union Of Texas?

The Associated Credit Union of Texas is committed to delivering progressive and high-quality financial services that cater to the needs of its members. The credit union's dedication extends beyond financial services, as it strives to provide these offerings in a caring and professional manner. Maintaining a strong financial foundation is a priority for the credit union, ensuring its ability to serve its members effectively. The credit union's mission encompasses various programs, including all credit union functions and the payment of dividends to members.


Official website here: www.acutx.org

Who is the CEO of Associated Credit Union Of Texas?

Jack Click is the Chief Executive Officer of Associated Credit Union Of Texas. The CEO's salary of Associated Credit Union Of Texas is $434,595 and their total compensation is $434,595.


Official website here: www.acutx.org

What is the revenue of Associated Credit Union Of Texas?

Associated Credit Union Of Texas's revenue in 2022 was $33,960,014.


Official website here: www.acutx.org

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

The average compensation at Associated Credit Union Of Texas during 2022 was $47,486. There are 215 employees and 8 volunteers at Associated Credit Union Of Texas.


Here are 13 key members and their salaries (Associated Credit Union Of Texas's CEO's salary is $434,595 and their total compensation is $434,595):


Jack Click (Chief Executive Officer)
  • Compensation: $434,595
  • Related: $0
  • Other: $0
Clay Franks (President)
  • Compensation: $353,480
  • Related: $0
  • Other: $0
Charis Pollard (Chief Human Resource Officer)
  • Compensation: $289,123
  • Related: $0
  • Other: $0
David Deanda (Chief Legal Officer)
  • Compensation: $288,549
  • Related: $0
  • Other: $0
Jay Coppock (Chief Operations Officer)
  • Compensation: $278,285
  • Related: $0
  • Other: $0
Kyle Dickson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Terry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Blair (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kline (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Rodriguez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Mueller (Board Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Postma (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cris Crixell (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.acutx.org

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

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


Official website here: www.acutx.org

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

Mission Statement of Associated Credit Union Of Texas

Associated Credit Union of Texas is a financial institution committed to delivering progressive and high-quality services to its members. Dedicated to maintaining a strong financial basis, the credit union goes above and beyond in providing these services with care and professionalism. Associated Credit Union of Texas' mission is to cater to the financial needs of its members effectively.

By offering a wide range of financial services, Associated Credit Union of Texas aims to meet the diverse demands of its members. The credit union's team is passionate about providing personalized and attentive care, ensuring that each member's unique requirements are met with expertise and compassion. The credit union's dedication to financial stability enables it to offer competitive rates and dividends to its members, making it an attractive choice for those seeking reliable financial services.

In summary, Associated Credit Union of Texas stands out as a trusted financial partner to its members. Its mission is to deliver progressive and high-quality financial services, adhering to a strong financial foundation while prioritizing the needs and concerns of its members. The credit union's commitment to professionalism and care makes it an essential resource for its members, enabling them to manage their finances with confidence and security.

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Impact




October, 2024

Associated Credit Union of Texas significantly enhances the financial well-being of its members through a commitment to offering progressive and quality financial services. By prioritizing responsiveness to the needs of its members, the credit union fosters a supportive and professional environment that emphasizes both trust and care. Its diverse range of programs addresses all essential credit union functions, which not only empowers members to make informed financial choices but also contributes to their overall financial stability and growth.

Through the payment of dividends to members, the credit union creates a tangible benefit for individuals, encouraging savings and promoting a sense of ownership among its members. Located in League City, TX, Associated Credit Union of Texas plays a vital role within the community, ensuring that financial services are accessible and tailored to meet local needs. The focus on maintaining a strong financial basis underlines the credit union's dedication to long-term sustainability, ensuring that it can continue to serve and uplift its members for years to come.




This information is meant to be a general summary of Associated Credit Union Of Texas. 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
$33,960,014 (2022)
Expenses
$31,686,214 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,540,938
  • Program Service Revenue: $25,006,850
  • Gross Receipts: $33,960,014

Assets and Liabilities:

  • Total Assets: $512,223,192
  • Total Liabilities: $8,718,036
  • Net Assets: $503,505,156

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Programs

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

Fee Income

Revenue

$3,892,266

Loan Interest

Revenue

$21,114,584

Organization Details

Founding Year

1948

Principal Officer

Jack Click

Main Address

PO Box 9004, League City, TX, 77574

NTEE Category

Code: W60 - Public benefit

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