Overview
What is Nce Credit Union?
Nce Credit Union, located in Corpus Christi, Texas, is a well-managed nonprofit organization with a focus on providing exceptional financial services to its members. By diligently closing out accounts with zero balances, the credit union has managed to decrease the number of accounts while simultaneously increasing its share deposit amount by a significant $328,747.00. With a modest workforce of five employees, Nce Credit Union remains financially strong and plans to engage in a membership promotion in the second quarter of 2023. The credit union's mission is to operate at optimal financial levels and provide prompt, courteous service to all members.
Official website here: www.ncecreditunion.net
Is Nce Credit Union legitimate?
Nce Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Nce 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: $148,004
For more financial information, click here
Official website here: www.ncecreditunion.net
What is the mission statement of Nce Credit Union?
Nce Credit Union's mission is to effectively manage its operations, striving for financial optimality, while providing prompt and courteous service to all its members. The credit union is committed to maintaining its financial stability, as evidenced by its diligent closure of accounts with zero balances that were still active. Despite a decrease in the number of accounts, the share deposit amount saw an increase of $328,747.00 in 2022. The credit union intends to conduct a membership promotion in the second quarter of 2023.
Official website here: www.ncecreditunion.net
Who is the CEO of Nce Credit Union?
Yomeida Delgado is the Chariman of Nce Credit Union.
Official website here: www.ncecreditunion.net
What is the revenue of Nce Credit Union?
Nce Credit Union's revenue in 2022 was $336,992.
Official website here: www.ncecreditunion.net
Who are the executives of Nce Credit Union and what are their salaries?
The average compensation at Nce Credit Union during 2022 was $29,601. There are 5 employees at Nce Credit Union.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ncecreditunion.net
Where can I find the form 990 for Nce Credit Union?
Nce Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ncecreditunion.net
Learn more at the official website: www.ncecreditunion.net
Mission Statement of Nce Credit Union
Nce Credit Union, in its mission, strives to establish and maintain a well-managed financial institution that operates at its peak potential. The credit union is committed to providing prompt and courteous service to all its members. By diligently closing out accounts with zero balances that were still open, the number of accounts has decreased, but the share deposit amount has significantly increased by $328,747.00. This indicates the credit union's financial health and strength, leading it to plan a membership promotion in the second quarter of 2023. In essence, Nce Credit Union aims to serve its members effectively, ensuring financial stability and member satisfaction.
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Impact
October, 2024
Nce Credit Union plays a significant role in the financial well-being of its members in Corpus Christi, Texas. By ensuring effective management and operational efficiency, the credit union strives to achieve maximum financial levels while providing prompt and courteous service.
Despite seeing a decline in the number of share and share draft accounts in 2022 due to the closure of inactive accounts, Nce Credit Union has successfully increased its share deposit amount by $328,747.00, highlighting its robust financial health. This proactive approach not only streamlines operations but also enhances the overall effectiveness of services offered to members.
Looking ahead, Nce Credit Union plans to launch a membership promotion in the second quarter of 2023, demonstrating its commitment to growth and engagement with the community. Through these initiatives, Nce Credit Union continues to support its members by fostering financial stability and community connection, reinforcing its impact in the region.
This information is meant to be a general summary of Nce 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: $18,942
- Program Service Revenue: $318,050
- Gross Receipts: $336,992
Assets and Liabilities:
- Total Assets: $5,289,022
- Total Liabilities: $4,174,361
- Net Assets: $1,114,661
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$198,606
SHARE FEES & CHARGES
Revenue
$24,483
LOAN FEES & CHARGES
Revenue
$22,875
MISCELLANEOUS
Revenue
$21,192
ATM SETTLEMENT
Revenue
$18,681
Organization Details
Founding Year
1966
Phone
(361) 882-4780Principal Officer
Yomeida Delgado
Main Address
901 LEOPARD SUITE 114, CORPUS CHRISTI, TX, 78401
Website
www.ncecreditunion.netNTEE Category
Code: W60 - Public benefit
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