Overview
What is Eecu?
Eecu is a credit union based in Fort Worth, Texas, with a workforce of 490 employees. Established under the Texas Credit Union Department and National Credit Union Administration laws, its primary mission is to foster savings among its members and offer affordable loans. The credit union prioritizes the economic improvement of its members by providing a wide range of financial products and services. As a member-owned financial institution, Eecu aims to build strong, long-term relationships, adhering to ethical principles, and contributing to the communities it serves.
Official website here: www.eecu.org
Is Eecu legitimate?
Eecu is a legitimate nonprofit organization registered as a 501(c)(14) entity. Eecu 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: $9,263,622
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,176,221
For more financial information, click here
Official website here: www.eecu.org
What is the mission statement of Eecu?
Eecu is a member-owned financial institution that offers a range of competitive financial products and services to its members. Adhering to ethical principles, the credit union aims to promote thrift and enhance the financial well-being of its members. Its mission is to build long-lasting relationships through positive experiences, one interaction at a time. By providing financial services such as loans and savings deposits, Eecu strives to improve the economic condition of its members and contribute to the communities it serves.
Official website here: www.eecu.org
Who is the CEO of Eecu?
Lonnie Nicholson is the CEO of Eecu The CEO's salary of Eecu is $2,376,831 and their total compensation is $2,415,515.
Official website here: www.eecu.org
What is the revenue of Eecu?
Eecu's revenue in 2024 was $245,984,426.
Official website here: www.eecu.org
Who are the executives of Eecu and what are their salaries?
The average compensation at Eecu during 2024 was $64,431. There are 519 employees at Eecu.
Here are 28 key members and their salaries (Eecu's CEO's salary is $2,376,831 and their total compensation is $2,415,515):
- Compensation: $2,376,831
- Related: $0
- Other: $38,684
- Compensation: $731,225
- Related: $0
- Other: $59,857
- Compensation: $551,698
- Related: $0
- Other: $34,036
- Compensation: $569,573
- Related: $0
- Other: $37,812
- Compensation: $585,581
- Related: $0
- Other: $37,384
- Compensation: $583,089
- Related: $0
- Other: $38,684
- Compensation: $520,112
- Related: $0
- Other: $35,180
- Compensation: $434,547
- Related: $0
- Other: $21,468
- Compensation: $380,588
- Related: $0
- Other: $64,536
- Compensation: $382,849
- Related: $0
- Other: $60,309
- Compensation: $274,624
- Related: $0
- Other: $22,309
- Compensation: $487,862
- Related: $0
- Other: $3,311
- Compensation: $68,872
- Related: $0
- Other: $26
- Compensation: $208,040
- Related: $0
- Other: $45,824
- Compensation: $243,561
- Related: $0
- Other: $17,019
- Compensation: $213,804
- Related: $0
- Other: $34,026
- Compensation: $186,067
- Related: $0
- Other: $6,422
- Compensation: $191,728
- Related: $0
- Other: $32,579
- Compensation: $185,796
- Related: $0
- Other: $27,290
- Compensation: $10,614
- Related: $0
- Other: $0
- Compensation: $10,999
- Related: $0
- Other: $0
- Compensation: $8,500
- Related: $0
- Other: $0
- Compensation: $8,500
- Related: $0
- Other: $0
- Compensation: $10,435
- Related: $0
- Other: $0
- Compensation: $8,740
- Related: $0
- Other: $0
- Compensation: $10,405
- Related: $0
- Other: $0
- Compensation: $10,482
- Related: $0
- Other: $0
- Compensation: $8,500
- Related: $0
- Other: $0
Official website here: www.eecu.org
Where can I find the form 990 for Eecu?
Eecu's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.eecu.org
Learn more at the official website: www.eecu.org
Mission Statement of Eecu
Eecu, the member-owned financial institution, is committed to enhancing the economic condition of its members by offering a diverse range of competitive financial products and services. The organization upholds ethical principles and sound management practices in all its dealings. Eecu's mission extends beyond just providing financial services; it aims to build long-lasting relationships with its members based on trust and dedication to the communities it serves. By promoting thrift and improving the financial well-being of its members, Eecu strives to make a positive impact on people's lives one experience at a time. Eecu's member-focused approach sets it apart as a financial institution that truly prioritizes the needs and goals of its clients, working in partnership with them to help them achieve financial stability and prosperity.
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Impact
October, 2024
Eecu plays a significant role in enhancing the financial well-being of its members in Fort Worth, TX, by offering a range of consumer and business loans, as well as savings deposit options. Through these services, Eecu encourages thrift and fosters sound financial habits among its members, which can lead to improved economic conditions.
The credit union operates within the regulations of the Texas Credit Union Department and the National Credit Union Administration, ensuring that members receive fair and reasonable rates of interest. This commitment to competitive products and ethical management practices builds trust and strengthens relationships within the community.
By focusing on member ownership and community engagement, Eecu not only promotes financial stability but also empowers individuals and businesses to achieve their financial goals. The credit union's mission to serve its members ultimately contributes to enhancing the overall economic vibrancy of the region, fostering a culture of financial wellness and sustained growth.
This information is meant to be a general summary of Eecu. 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 2024.
- Investment Income: $26,705,121
- Program Service Revenue: $176,472,990
- Gross Receipts: $245,984,426
Assets and Liabilities:
- Total Assets: $3,447,892,476
- Total Liabilities: $43,325,221
- Net Assets: $3,404,567,255
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loans
Revenue
$176,472,990
Organization Details
Founding Year
1934
Principal Officer
Lonnie Nicholson
Website
www.eecu.orgNTEE Category
Code: W60 - Public benefit
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