Corpus Christi Sp Credit Union

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

EIN: 741334335 ✦ Corpus christi, TX ✦ Designated as a 501(c)(14)

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Overview

What is Corpus Christi Sp Credit Union?

Corpus Christi Sp Credit Union is a nonprofit organization situated in Corpus Christi, Texas, specifically at 1120 N Tancahua. Their primary mission encompasses encouraging thrift among their members, offering a reliable source of credit at fair interest rates, and providing an opportunity for members to manage their own funds to improve their financial and social conditions. Subject to Texas Credit Union Act and regulations, the organization may also engage in other beneficial activities for its members. During the tax year, the organization did not report any significant accomplishments. They currently have a modest workforce of three individuals.


Official website here: www.ccspcu.com

Is Corpus Christi Sp Credit Union legitimate?

Corpus Christi Sp Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Corpus Christi Sp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,990

For more financial information, click here


Official website here: www.ccspcu.com

What is the mission statement of Corpus Christi Sp Credit Union?

The Corpus Christi Sp Credit Union's mission is centered around encouraging savings among its members, serving as a reliable source of credit at reasonable interest rates. It aims to provide members with an opportunity to manage and utilize their own funds to enhance their economic and social conditions. The credit union is also permitted to engage in any additional activities that may benefit its members, subject to the Texas Credit Union Act and regulations. During the tax year, the credit union did not report any significant accomplishments.


Official website here: www.ccspcu.com

Who is the CEO of Corpus Christi Sp Credit Union?

Orfi Benitez is the Chariman of Corpus Christi Sp Credit Union.


Official website here: www.ccspcu.com

What is the revenue of Corpus Christi Sp Credit Union?

Corpus Christi Sp Credit Union's revenue in 2022 was $301,152.


Official website here: www.ccspcu.com

Who are the executives of Corpus Christi Sp Credit Union and what are their salaries?

The average compensation at Corpus Christi Sp Credit Union during 2022 was $32,330. There are 3 employees at Corpus Christi Sp Credit Union.


Here are 5 key members and their salaries:


Juan Garza Jr (Chariman)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Torres (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn Page (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronica Garza (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Nunez (Membership Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ccspcu.com

Where can I find the form 990 for Corpus Christi Sp Credit Union?

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


Official website here: www.ccspcu.com

Learn more at the official website: www.ccspcu.com

Mission Statement of Corpus Christi Sp Credit Union

Corpus Christi SP Credit Union, as a financial institution, is dedicated to encouraging thrift among its members. The primary goal is to create a reliable source of credit at fair and reasonable interest rates. Moreover, the credit union strives to provide its members with an opportunity to use and manage their own money, thereby improving their economic and social conditions. It is authorized to conduct any activities that might benefit its members, subject to the Texas Credit Union Act and regulations.

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Impact




October, 2024

Corpus Christi Sp Credit Union plays a vital role in its community by encouraging thrift among its members and providing access to fair and reasonable credit. By fostering a culture of saving, it enables individuals to manage their finances more effectively and work towards their economic goals. The credit union offers a platform that empowers members to use and control their own money, which can lead to improved economic and social conditions.

Additionally, the credit union's activities are aligned with the Texas Credit Union Act, allowing them to conduct beneficial operations that serve their members' needs. While there may not have been significant accomplishments reported during the tax year, the ongoing efforts to support the financial well-being of the local community remain critical. In essence, Corpus Christi Sp Credit Union contributes to a stronger, more financially literate community, positively impacting the lives of its members and promoting public benefit.




This information is meant to be a general summary of Corpus Christi Sp 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
$301,152 (2022)
Expenses
$277,161 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,034
  • Program Service Revenue: $294,118
  • Gross Receipts: $301,152

Assets and Liabilities:

  • Total Assets: $4,513,852
  • Total Liabilities: $3,920,894
  • Net Assets: $592,958

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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

$221,990

MISCELLANEOUS INCOME

Revenue

$37,248

FEES & CHARGES

Revenue

$34,880

Organization Details

Founding Year

1953

Principal Officer

Orfi Benitez

Main Address

1120 N TANCAHUA, CORPUS CHRISTI, TX, 78401

NTEE Category

Code: W60 - Public benefit

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