Brazos Star Credit Union

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

EIN: 741465415 ✦ College station, TX ✦ Designated as a 501(c)(14)

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Overview

What is Brazos Star Credit Union?

Brazos Star Credit Union is a community-focused financial institution, located at 701 Harvey Road, College Station, Texas 77840. With a team of eight dedicated employees, the credit union's primary mission is to cater to the financial needs of its members. This nonprofit organization operates on a cooperative basis, ensuring that it serves the financial well-being of the local community. Its activities are geared towards maintaining and managing member accounts, thereby providing essential financial services.


Official website here: www.brazosstarcu.com

Is Brazos Star Credit Union legitimate?

Brazos Star Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Brazos Star 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: $115,728
Professional Fundraising Fees: $0
Other Salaries and Wages: $176,362

For more financial information, click here


Official website here: www.brazosstarcu.com

What is the mission statement of Brazos Star Credit Union?

Brazos Star Credit Union is dedicated to catering to the cooperative financial requirements of consumers within its community. The organization's primary mission is to maintain and manage accounts for its members, ensuring their financial needs are met in an efficient manner. By serving as a cooperative financial institution, Brazos Star Credit Union aims to contribute positively to the financial well-being of its consumer base.


Official website here: www.brazosstarcu.com

Who is the CEO of Brazos Star Credit Union?

Ron Weiman is the Treasurer of Brazos Star Credit Union. The CEO's salary of Brazos Star Credit Union is $115,728 and their total compensation is $115,728.


Official website here: www.brazosstarcu.com

What is the revenue of Brazos Star Credit Union?

Brazos Star Credit Union's revenue in 2022 was $1,125,854.


Official website here: www.brazosstarcu.com

Who are the executives of Brazos Star Credit Union and what are their salaries?

The average compensation at Brazos Star Credit Union during 2022 was $36,511. There are 8 employees at Brazos Star Credit Union.


Here are 8 key members and their salaries (Brazos Star Credit Union's CEO's salary is $115,728 and their total compensation is $115,728):


Mary Beth Borroni (President/Ceo)
  • Compensation: $115,728
  • Related: $0
  • Other: $0
Linda Jeffress (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Bingaman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Stimson (Asst Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Peabody (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Jackson (Asst Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Weiman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jubal Hancock (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.brazosstarcu.com

Where can I find the form 990 for Brazos Star Credit Union?

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


Official website here: www.brazosstarcu.com

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

Mission Statement of Brazos Star Credit Union

Brazos Star Credit Union is dedicated to serving the cooperative financial needs of consumers within its community. This nonprofit organization maintains accounts and provides financial support to its members, ensuring their financial well-being. By offering various financial services, Brazos Star Credit Union aims to meet the diverse needs of its community members, fostering financial stability and security.

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Impact




October, 2024

Brazos Star Credit Union plays a significant role in fostering financial stability and growth within the College Station community. By maintaining accounts for its members, the credit union ensures access to essential financial services that meet the diverse needs of local consumers.

The organization's mission is centered on serving the cooperative financial needs of individuals, thereby promoting a sense of community and shared responsibility. As a financial institution dedicated to its members, Brazos Star Credit Union contributes to the economic empowerment of its clientele, helping them achieve financial goals and enhancing their overall quality of life. The credit union's focus on public benefit underscores its commitment to creating positive impacts in the local community.




This information is meant to be a general summary of Brazos Star 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
$1,125,854 (2022)
Expenses
$787,835 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $222,399
  • Program Service Revenue: $899,211
  • Gross Receipts: $1,141,587

Assets and Liabilities:

  • Total Assets: $34,065,082
  • Total Liabilities: $29,678,357
  • Net Assets: $4,386,725

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Programs

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

Fees

Revenue

$320,739

Interest on Credit Cards

Revenue

$76,590

Interest on Loans

Revenue

$501,882

Organization Details

Founding Year

1961

Principal Officer

Ron Weiman

Main Address

701 Harvey Road, College Station, TX, 77840

NTEE Category

Code: W60 - Public benefit

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