Overview
What is Pollock Employees Credit Union?
Pollock Employees Credit Union is a cooperative financial institution, based in Dallas, Texas, specifically at 1140 Empire Central Drive Suite 605. The credit union serves a membership of over 960 individuals as of December 31, 2021. It is a member of the Texas Credit Union Department, National Credit Union Association, and Cornerstone Credit Union League, ensuring its commitment to financial service excellence. Pollock Employees Credit Union offers share accounts, which pay dividends quarterly, and share draft accounts to its members. It also extends consumer loans. The credit union encourages savings habits in children and teenagers through its share accounts for them. It is a nonprofit institution that operates with a team of three dedicated employees.
Is Pollock Employees Credit Union legitimate?
Pollock Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Pollock Employees 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: $43,496
Professional Fundraising Fees: $0
Other Salaries and Wages: $47,388
For more financial information, click here
What is the mission statement of Pollock Employees Credit Union?
Pollock Employees Credit Union serves as a cooperative thrift institution, affiliated with the Texas Credit Union Department, the National Credit Union Association, and the Cornerstone Credit Union League. Its primary role is to provide financial services to its members, offering share accounts, share draft accounts, and consumer loans. The credit union's mission is to function as a provider of credit union financial services, aiming to support its members with their financial needs. It operates under the principles of a cooperative, ensuring that its operations benefit its members.
Who is the CEO of Pollock Employees Credit Union?
Gene Pittman is the President of Pollock Employees Credit Union.
What is the revenue of Pollock Employees Credit Union?
Pollock Employees Credit Union's revenue in 2021 was $221,114.
Who are the executives of Pollock Employees Credit Union and what are their salaries?
The average compensation at Pollock Employees Credit Union during 2021 was $30,295. There are 3 employees and 11 volunteers at Pollock Employees Credit Union.
Here are 10 key members and their salaries:
- Compensation: $43,496
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pollock Employees Credit Union?
Pollock Employees Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Pollock Employees Credit Union
Pollock Employees Credit Union, a cooperative thrift institution, plays a significant role in the financial sector. As a member of reputable organizations such as the Texas Credit Union Department, National Credit Union Association, and Cornerstone Credit Union League, it upholds high standards in its operations. The credit union's primary mission is to provide its members with various financial services. This encompasses share accounts, share draft accounts, and consumer loans, all designed to meet the diverse financial needs of its members. By doing so, Pollock Employees Credit Union functions as a provider of credit union financial services, fostering financial stability and empowerment among its members.
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Impact
October, 2024
Pollock Employees Credit Union plays a significant role in enhancing the financial well-being of its members through a variety of services tailored to meet their needs. By providing share accounts, share draft accounts, and consumer loans, the credit union fosters a supportive environment for saving and borrowing.
With a membership base of approximately 960 individuals as of December 31, 2021, Pollock Employees Credit Union ensures that its member-owners benefit from competitive dividends on their savings. These share accounts are not only a secure place to save money but also promote financial literacy from a young age, encouraging children and teenagers to develop solid saving habits.
Moreover, by being a member of the Texas Credit Union Department, National Credit Union Association, and the Cornerstone Credit Union League, Pollock Employees Credit Union adheres to strict regulatory standards, ensuring safety and trust for its members. This cooperative institution emphasizes community benefit and provides a reliable source of financial services, thereby contributing positively to the local economy in Dallas, Texas.
This information is meant to be a general summary of Pollock Employees 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 2021.
- Investment Income: $16,304
- Program Service Revenue: $203,918
- Gross Receipts: $221,114
Assets and Liabilities:
- Total Assets: $5,101,604
- Total Liabilities: $4,550,475
- Net Assets: $551,129
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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
$163,308
Fee Income
Revenue
$15,078
Misc. Income
Revenue
$25,532
Organization Details
Founding Year
1934
Phone
(214) 679-1405Principal Officer
Gene Pittman
Main Address
1140 Empire Central Drive Suite 605, Dallas, TX, 75247
NTEE Category
Code: W60 - Public benefit
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