Overview
What is Space City Credit Union?
Space City Credit Union, located in Houston, Texas, serves as a cooperative savings and loan institution for its members. Established with a mission to provide banking services, it offers share accounts that pay quarterly dividends, accessible through various channels such as branch locations, internet, ATMs, and telephone. The credit union encourages savings for Christmas expenses by offering special Christmas savings accounts. As of December 31, 2022, it manages 13,646 share accounts with a total value of $63,003,908.12, along with share certificates worth $25,596,388.45 and IRAs worth $3,865,490.47. The credit union's activities and mission are centered around fostering financial well-being for its members.
Official website here: www.spacecitycu.com
Is Space City Credit Union legitimate?
Space City Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Space City 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: $678,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,347,831
For more financial information, click here
Official website here: www.spacecitycu.com
What is the mission statement of Space City Credit Union?
Space City Credit Union serves as a cooperative thrift institution, providing banking and loan services to its members. Its mission is to offer financial assistance in the form of share accounts, quarterly dividends, and various loan options. The credit union encourages savings and budgeting through special accounts like Christmas savings accounts. As of December 31, 2022, Space City Credit Union manages 13,646 share accounts totaling $63,000,390.12, along with share certificates and IRAs. The credit union provides access to its services through branch locations, internet, ATMs, and telephone, aiming to support its members' financial needs.
Official website here: www.spacecitycu.com
Who is the CEO of Space City Credit Union?
Craig Rohden is the CEO of Space City Credit Union The CEO's salary of Space City Credit Union is $245,630 and their total compensation is $280,561.
Official website here: www.spacecitycu.com
What is the revenue of Space City Credit Union?
Space City Credit Union's revenue in 2023 was $9,453,039.
Official website here: www.spacecitycu.com
Who are the executives of Space City Credit Union and what are their salaries?
The average compensation at Space City Credit Union during 2023 was $44,505. There are 68 employees and 11 volunteers at Space City Credit Union.
Here are 14 key members and their salaries (Space City Credit Union's CEO's salary is $245,630 and their total compensation is $280,561):
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- Compensation: $245,630
- Related: $0
- Other: $34,931
- Compensation: $318,727
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- Other: $79,212
- Compensation: $101,079
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- Other: $13,460
- Compensation: $113,771
- Related: $0
- Other: $7,411
Official website here: www.spacecitycu.com
Where can I find the form 990 for Space City Credit Union?
Space City Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.spacecitycu.com
Learn more at the official website: www.spacecitycu.com
Mission Statement of Space City Credit Union
Space City Credit Union, as a cooperative thrift institution, is dedicated to providing banking and loan services to its members. Its mission is to offer financial solutions that cater to the needs of its members, fostering a sense of community and financial well-being. Space City Credit Union achieves this by offering share accounts that yield quarterly dividends, providing easy access through branch locations, internet, ATMs, and telephone. The credit union also encourages its members to save and budget for the holiday season with its special Christmas savings accounts. As of December 31, 2022, Space City Credit Union boasts 13,646 share accounts with a total value of $63,003,908.12, in addition to share certificates worth $25,596,388.45 and IRAs valued at $3,865,490.47. In essence, Space City Credit Union serves as a financial partner to its members, striving to enhance their financial stability and prosperity.
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Impact
October, 2024
Space City Credit Union plays a significant role in the financial well-being of its members in Houston, Texas, by providing accessible banking and loan services. With a strong focus on community support, the credit union offers share accounts that pay quarterly dividends, encouraging savings among its 13,646 members. The total assets managed are impressive, with over $63 million in share accounts and additional share certificates and IRAs amounting to around $29 million.
By providing various access points through branch locations, ATMs, internet banking, and telephone services, Space City Credit Union ensures that members can easily manage their finances. The special Christmas savings accounts highlight the credit union’s dedication to helping members budget for important expenses, fostering financial planning and discipline.
Space City Credit Union's cooperative model allows it to serve the community effectively, reinforcing its mission to enhance the financial empowerment of its members. In doing so, it contributes to greater economic stability and growth within the region, making a lasting impact on the lives of those it serves.
This information is meant to be a general summary of Space City 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 2023.
- Investment Income: $325,094
- Program Service Revenue: $9,100,997
- Gross Receipts: $9,453,039
Assets and Liabilities:
- Total Assets: $148,133,001
- Total Liabilities: $127,912,659
- Net Assets: $20,220,342
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON MEMBER LOA
Revenue
$6,349,965
FEES, INSURANCE & OTHE
Revenue
$2,751,032
Organization Details
Founding Year
1965
Principal Officer
Craig Rohden
Website
www.spacecitycu.comNTEE Category
Code: W60 - Public benefit
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