Intercorp Credit Union

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

EIN: 750730775 ✦ Amarillo, TX ✦ Designated as a 501(c)(14)

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Overview

What is Intercorp Credit Union?

Intercorp Credit Union is a member-focused financial institution that prioritizes affordability in its services. Its mission is to offer financial assistance to its members at competitive prices, meeting their various needs through tailored programs. The credit union strives to ensure its members have uninterrupted access to these financial services.

Is Intercorp Credit Union legitimate?

Intercorp Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Intercorp 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: $76,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,444

For more financial information, click here

What is the mission statement of Intercorp Credit Union?

Intercorp Credit Union is committed to providing its members with financial services at competitive prices. This mission extends beyond just offering services; it also involves creating programs tailored to meet the specific needs of its members. The union strives to ensure that its members have easy access to financial assistance whenever required.

Who is the CEO of Intercorp Credit Union?

Karen Allison is the CEO of Intercorp Credit Union The CEO's salary of Intercorp Credit Union is $76,960 and their total compensation is $76,960.

What is the revenue of Intercorp Credit Union?

Intercorp Credit Union's revenue in 2024 was $342,386.

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

The average compensation at Intercorp Credit Union during 2024 was $61,702. There are 2 employees and 7 volunteers at Intercorp Credit Union.

Here are 8 key members and their salaries (Intercorp Credit Union's CEO's salary is $76,960 and their total compensation is $76,960):


Mike Culp (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Brewer (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cal Brannon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorita Bishop (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Hunter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Ellison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Dwyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Allison (Ceo)
  • Compensation: $76,960
  • Related: $0
  • Other: $0
Where can I find the form 990 for Intercorp Credit Union?

Intercorp Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Intercorp Credit Union

Intercorp Credit Union, a financial institution dedicated to its members, is committed to providing financial services at competitive prices. Its mission is to cater to the financial needs of its members, ensuring they have access to the aid they require. The credit union strives to offer programs tailored to its members' requirements, underscoring its commitment to their financial well-being. By providing financial services at competitive prices, Intercorp Credit Union aims to make a positive impact on its members' financial lives.

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Impact




October, 2024

Intercorp Credit Union plays a significant role in the Amarillo community by offering its members access to essential financial services at competitive prices. By meeting the unique needs of its members, the credit union helps to empower individuals and families with the financial resources necessary for stability and growth.

Through a range of programs tailored to their members' requirements, Intercorp Credit Union ensures that financial assistance is readily available, facilitating better financial decision-making and promoting economic empowerment. This focus not only benefits individual members but also contributes to the overall economic health of the community, fostering a supportive environment where residents can thrive. The credit union’s commitment to public benefit underscores its impact as a vital player in enhancing the quality of life for those it serves in Amarillo, TX.




This information is meant to be a general summary of Intercorp 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
$342,386 (2024)
Expenses
$336,885 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $35,821
  • Program Service Revenue: $306,565
  • Gross Receipts: $342,386

Assets and Liabilities:

  • Total Assets: $4,486,197
  • Total Liabilities: $3,690,436
  • Net Assets: $795,761

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Programs

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

Interest on Member Loans

Revenue

$292,418

All Other Program Income

Revenue

$14,147

Organization Details

Founding Year

1941

Principal Officer

Karen Allison

NTEE Category

Code: W60 - Public benefit

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