Overview
What is American Baptist Association Credit Union?
American Baptist Association Credit Union is a nonprofit organization committed to fostering financial responsibility among its members. By offering credit at reasonable interest rates, the union aims to enhance its members' financial well-being. The organization provides loans with interest, serving as a means to improve its members' economic conditions. Its mission encompasses encouraging thrift and offering credit opportunities, thereby contributing positively to its members' financial situations.
Is American Baptist Association Credit Union legitimate?
American Baptist Association Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. American Baptist Association 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: $31,203
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of American Baptist Association Credit Union?
The American Baptist Association Credit Union's mission is centered around promoting thrift among its members. It offers credit at reasonable interest rates, serving as a tool to enhance the financial well-being of its members. The organization's activities are geared towards providing a chance for its members to improve their economic conditions. One of the ways it achieves this is by offering interest on loans.
Who is the CEO of American Baptist Association Credit Union?
Julie Knight is the President of American Baptist Association Credit Union.
What is the revenue of American Baptist Association Credit Union?
American Baptist Association Credit Union's revenue in 2022 was $76,979.
Who are the executives of American Baptist Association Credit Union and what are their salaries?
The average compensation at American Baptist Association Credit Union during 2022 was $31,203. There is 1 employee at American Baptist Association Credit Union.
Here are 9 key members and their salaries:
- Compensation: $31,202
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Where can I find the form 990 for American Baptist Association Credit Union?
American Baptist Association Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Baptist Association Credit Union
The American Baptist Association Credit Union is committed to fostering thrift among its members. Its primary objective is to extend credit at fair and reasonable interest rates, serving as a means to enhance the economic conditions of its members. By offering credit, this organization provides an opportunity for its members to improve their financial standing, promoting financial well-being within the community.
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Impact
October, 2024
American Baptist Association Credit Union plays a significant role in enhancing the financial health of its members by promoting thrift and responsible borrowing. By offering credit at fair and reasonable interest rates, the organization helps members access the funds they need to improve their economic conditions. This commitment to affordable lending encourages prudent financial practices and empowers individuals within the community.
Located in Angleton, Texas, the credit union's mission focuses on fostering financial stability and growth among its members. Through various programs, including offering interest on loans, it actively supports the economic advancement of its community. The emphasis on encouraging thrift not only assists members in managing their personal finances effectively but also contributes to the overall economic well-being of the region. By prioritizing the needs of its members, American Baptist Association Credit Union creates a positive impact that extends beyond individual financial success to encompass broader community benefits.
This information is meant to be a general summary of American Baptist Association 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: $6,867
- Program Service Revenue: $70,112
- Gross Receipts: $76,979
Assets and Liabilities:
- Total Assets: $1,864,696
- Total Liabilities: $1,695,095
- Net Assets: $169,601
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Credit Unions
Revenue
$57,335
Credit Unions
Revenue
$3,487
Credit Unions
Revenue
$9,290
Organization Details
Founding Year
1970
Phone
(281) 245-6887Principal Officer
Julie Knight
Main Address
PO BOX 489, ANGLETON, TX, 77516
NTEE Category
Code: W60 - Public benefit
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