Overview
What is Matagorda County Credit Union?
Matagorda County Credit Union is a financial institution, established with the primary objective of offering competitive financial services to its members. Situated in Bay City, Texas, specifically at 3700 Avenue F, this credit union boasts a team of 10 dedicated employees. Its core mission involves providing a range of loan products, ensuring that they are all offered at competitive rates. This nonprofit organization was established with the aim of serving its members financially, thereby contributing to their financial well-being.
Is Matagorda County Credit Union legitimate?
Matagorda County Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Matagorda County 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: $57,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $186,392
For more financial information, click here
What is the mission statement of Matagorda County Credit Union?
The Matagorda County Credit Union was established with a mission to provide its members with financial services at competitive rates. This mission is encapsulated in its organization, which offers various loan products at advantageous interest rates. The credit union's primary goal is to serve its members effectively, ensuring they have access to financial services that are both affordable and beneficial. By providing these financial services, the Matagorda County Credit Union aims to contribute positively to its members' financial well-being.
Who is the CEO of Matagorda County Credit Union?
Mindy Neel is the Board Chair of Matagorda County Credit Union. The CEO's salary of Matagorda County Credit Union is $57,960 and their total compensation is $57,960.
What is the revenue of Matagorda County Credit Union?
Matagorda County Credit Union's revenue in 2022 was $1,168,158.
Who are the executives of Matagorda County Credit Union and what are their salaries?
The average compensation at Matagorda County Credit Union during 2022 was $24,435. There are 10 employees at Matagorda County Credit Union.
Here are 8 key members and their salaries (Matagorda County Credit Union's CEO's salary is $57,960 and their total compensation is $57,960):
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- Compensation: $57,960
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Where can I find the form 990 for Matagorda County Credit Union?
Matagorda County Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Matagorda County Credit Union
Matagorda County Credit Union was established with a mission to extend financial services to its members at competitive rates. This nonprofit organization is committed to offering various loan products at prices that are favorable to its members, ensuring they have access to financial solutions without breaking their budgets. By providing financial services at competitive rates, Matagorda County Credit Union aims to contribute positively to its members' financial well-being and help them navigate their financial journeys more effectively.
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Impact
October, 2024
Matagorda County Credit Union plays a vital role in enhancing the financial well-being of its members by offering a range of financial services and loan products at competitive rates. Located in Bay City, Texas, the credit union facilitates access to essential financial resources, helping members achieve their financial goals. By providing affordable loans and other financial services, it supports local economic growth and fosters financial stability within the community. The impact of Matagorda County Credit Union extends beyond individual members, contributing to the overall financial health of the area and promoting a culture of responsible financial management.
This information is meant to be a general summary of Matagorda County 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: $259,976
- Program Service Revenue: $908,182
- Gross Receipts: $1,168,158
Assets and Liabilities:
- Total Assets: $35,268,787
- Total Liabilities: $31,095,411
- Net Assets: $4,173,376
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME ON LOANS
Revenue
$481,470
FEES AND CHARGES
Revenue
$279,582
OTHER INCOME
Revenue
$147,130
Organization Details
Founding Year
1961
Phone
(979) 245-8674Principal Officer
Mindy Neel
Main Address
3700 AVENUE F, BAY CITY, TX, 77414
NTEE Category
Code: W60 - Public benefit
If you are a representative of Matagorda County Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.