Overview
What is Texas Trust Credit Union?
Texas Trust Credit Union is a nonprofit financial cooperative based in Arlington, Texas. With a team of 417 employees, they offer a lifetime of customized financial services to their restricted membership. The union derives its funding from the credit union membership and the investment of members' funds. Its mission is to maintain a financially robust cooperative while catering to the evolving financial needs of its members.
Official website here: www.texastrustcu.org
Is Texas Trust Credit Union legitimate?
Texas Trust Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Texas Trust 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: $2,542,322
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,066,142
For more financial information, click here
Official website here: www.texastrustcu.org
What is the mission statement of Texas Trust Credit Union?
Texas Trust Credit Union is dedicated to serving its members by offering them a lifetime of financial services. The organization prides itself on adjusting these services to meet the unique needs of each member, while maintaining a financially robust cooperative. The foundation of Texas Trust Credit Union's operations comes from the income generated through membership and the investment of members' funds. This financial stability enables the cooperative to provide a full range of services to its restricted membership.
Official website here: www.texastrustcu.org
Who is the CEO of Texas Trust Credit Union?
James Minge is the Director of Texas Trust Credit Union. The CEO's salary of Texas Trust Credit Union is $865,140 and their total compensation is $930,640.
Official website here: www.texastrustcu.org
What is the revenue of Texas Trust Credit Union?
Texas Trust Credit Union's revenue in 2022 was $83,493,624.
Official website here: www.texastrustcu.org
Who are the executives of Texas Trust Credit Union and what are their salaries?
The average compensation at Texas Trust Credit Union during 2022 was $56,615. There are 417 employees and 13 volunteers at Texas Trust Credit Union.
Here are 23 key members and their salaries (Texas Trust Credit Union's CEO's salary is $865,140 and their total compensation is $930,640):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $865,140
- Related: $0
- Other: $65,500
- Compensation: $315,436
- Related: $0
- Other: $50,960
- Compensation: $454,035
- Related: $0
- Other: $70,978
- Compensation: $332,824
- Related: $0
- Other: $21,265
- Compensation: $313,435
- Related: $0
- Other: $52,749
- Compensation: $226,923
- Related: $0
- Other: $42,701
- Compensation: $223,193
- Related: $0
- Other: $27,397
- Compensation: $182,588
- Related: $0
- Other: $21,139
- Compensation: $307,747
- Related: $0
- Other: $48,386
- Compensation: $189,963
- Related: $0
- Other: $37,856
Official website here: www.texastrustcu.org
Where can I find the form 990 for Texas Trust Credit Union?
Texas Trust Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.texastrustcu.org
Learn more at the official website: www.texastrustcu.org
Mission Statement of Texas Trust Credit Union
Texas Trust Credit Union, a financially strong cooperative, is dedicated to being a lifetime partner to its members, offering customized financial services to cater to their unique needs. The organization's core commitment revolves around providing a full-service credit union that maintains financial stability while delivering essential services to its restricted membership.
The foundation of Texas Trust Credit Union's operations is derived from the income generated through its membership and the strategic investment of members' funds. This financial base enables the cooperative to function effectively and extend its services to its loyal clientele. Texas Trust Credit Union prides itself on being more than just a financial institution; it is a trusted partner that prioritizes the financial well-being of each member.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Texas Trust Credit Union plays a vital role in enhancing the financial well-being of its members in Arlington, TX, and surrounding areas. By offering a comprehensive range of financial services tailored to the unique needs of its members, the credit union fosters economic stability and empowerment.
Income generated through membership and the prudent investment of members' funds enables Texas Trust to operate effectively, ensuring longevity and service quality. Their commitment to being a partner in their members’ financial journeys encourages not only individual growth but also benefits the broader community. With a focus on maintaining a financially strong cooperative, Texas Trust emphasizes collaboration and support, ultimately contributing to the overall economic health of the region.
This information is meant to be a general summary of Texas Trust 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: $7,206,606
- Program Service Revenue: $76,200,892
- Gross Receipts: $88,161,360
Assets and Liabilities:
- Total Assets: $2,049,067,995
- Total Liabilities: $1,895,333,188
- Net Assets: $153,734,807
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$50,830,128
FEES, CHARGES, &OTHER
Revenue
$24,661,411
FINANCE & INSURANCE
Revenue
$376,970
PROFESSIONAL, SCIENTIFIC, AND TEC
Revenue
$332,383
Organization Details
Founding Year
1936
Phone
(972) 595-1305Principal Officer
James Minge
Main Address
5850 WEST INTERSTATE 20, ARLINGTON, TX, 76017
Website
www.texastrustcu.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Texas Trust 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.