Pie Credit Union

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

EIN: 746176202 ✦ Houston, TX ✦ Designated as a 501(c)(14)

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Overview

What is Pie Credit Union?

Pie Credit Union is a member-owned cooperative financial institution situated in Houston, Texas. With over 1,000 accounts as of December 31, 2022, the credit union focuses on providing financial services to its members. They offer savings accounts that pay monthly dividends and provide access through various channels, including in-person, phone, and online banking. The primary mission of Pie Credit Union is to ensure its financial stability while delivering exceptional services to its member-owners.


Official website here: www.piecu.org

Is Pie Credit Union legitimate?

Pie Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Pie 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: $129,080

For more financial information, click here


Official website here: www.piecu.org

What is the mission statement of Pie Credit Union?

Pie Credit Union, as a cooperative thrift institution, is committed to maintaining financial stability and delivering exceptional services to its member-owners. The primary goal of the credit union is to ensure the well-being of its member-owned accounts, which totaled 1,088 as of December 31, 2022. Pie Credit Union offers savings accounts that provide members with monthly dividends and multiple access options, such as in-person, over the phone, or through online banking.


Official website here: www.piecu.org

Who is the CEO of Pie Credit Union?

Orelia Clay is the Assistant Manager of Pie Credit Union.


Official website here: www.piecu.org

What is the revenue of Pie Credit Union?

Pie Credit Union's revenue in 2022 was $304,669.


Official website here: www.piecu.org

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

There 7 volunteers at Pie Credit Union.


Here are 9 key members and their salaries:


Jessica Inman (President/Manager)
  • Compensation: $74,731
  • Related: $0
  • Other: $0
Orelia Clay (Assistant Manager)
  • Compensation: $69,115
  • Related: $0
  • Other: $0
Patricia Hatridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elvis Wilkerson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Vacek (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hal Hazen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Sandel (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Kozak (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Moore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.piecu.org

Where can I find the form 990 for Pie Credit Union?

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


Official website here: www.piecu.org

Learn more at the official website: www.piecu.org

Mission Statement of Pie Credit Union

Pie Credit Union, as a cooperative thrift institution, is dedicated to achieving two primary objectives. Firstly, it strives to maintain a financially robust organization. Secondly, it is committed to delivering exceptional services to its member-owners. This mission is geared towards ensuring that the credit union remains a reliable and beneficial financial resource for its member-owners.

Pie Credit Union's approach to achieving this mission is evident in its operations. It offers member-owned share accounts, which come with several advantages, including monthly dividends and flexible access options through in-person visits, phone calls, or online banking. This commitment to providing excellent services is a testament to the credit union's dedication to its member-owners' financial well-being. As of December 31, 2022, Pie Credit Union boasts 1,088 such accounts, underscoring its success in fulfilling its mission.

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Impact




October, 2024

Pie Credit Union has a significant impact on its community by providing a sound financial institution that emphasizes member value. With over 1,088 member-owned accounts as of December 31, 2022, Pie Credit Union fosters a sense of ownership and engagement among its members.

The credit union offers share accounts that cater to individuals of all ages, ensuring that its services are accessible and beneficial to a diverse membership. Members can earn monthly dividends on their savings, providing a financial incentive to save and invest in their futures.

Additionally, Pie Credit Union enhances accessibility by offering multiple channels for account management, including in-person services, phone support, and online banking options. This flexibility enables members to manage their finances conveniently, reflecting the organization's commitment to excellent service and member satisfaction. Overall, Pie Credit Union plays a vital role in promoting financial well-being and stability within the Houston community.




This information is meant to be a general summary of Pie 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
$304,669 (2022)
Expenses
$276,607 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $85,626
  • Program Service Revenue: $178,577
  • Gross Receipts: $304,669

Assets and Liabilities:

  • Total Assets: $11,592,714
  • Total Liabilities: $9,401,715
  • Net Assets: $2,190,999

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Programs

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

Interest on Loans

Revenue

$161,921

Member Fees

Revenue

$16,656

Organization Details

Founding Year

1971

Principal Officer

Orelia Clay

Main Address

PO Box 35068, Houston, TX, 772355068

NTEE Category

Code: W60 - Public benefit

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