Overview
What is Cabot Community Credit Union?
Cabot Community Credit Union, located in Pampa, Texas, serves as a financial institution for eligible members. Their primary mission is to offer competitively priced financial services, encompassing loans, checking, and savings accounts, as well as wire transfers, debit, and credit card services. With a modest workforce of 14 employees, the credit union is dedicated to catering to its members' financial needs effectively.
Is Cabot Community Credit Union legitimate?
Cabot Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cabot Community 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: $66,963
Professional Fundraising Fees: $0
Other Salaries and Wages: $316,345
For more financial information, click here
What is the mission statement of Cabot Community Credit Union?
Cabot Community Credit Union is dedicated to serving its members by offering them reasonably priced financial services. This includes providing various financial products such as loans, checking and savings accounts, wire transfers, debit and credit card services to all eligible members. The credit union's mission is centered around ensuring that its members have access to these services at competitive prices.
Who is the CEO of Cabot Community Credit Union?
Debra Howell is the Chairman of Cabot Community Credit Union. The CEO's salary of Cabot Community Credit Union is $66,963 and their total compensation is $66,963.
What is the revenue of Cabot Community Credit Union?
Cabot Community Credit Union's revenue in 2022 was $2,096,070.
Who are the executives of Cabot Community Credit Union and what are their salaries?
The average compensation at Cabot Community Credit Union during 2022 was $27,379. There are 14 employees and 7 volunteers at Cabot Community Credit Union.
Here are 8 key members and their salaries (Cabot Community Credit Union's CEO's salary is $66,963 and their total compensation is $66,963):
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- Other: $0
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- Other: $0
- Compensation: $66,963
- Related: $0
- Other: $0
Where can I find the form 990 for Cabot Community Credit Union?
Cabot Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cabot Community Credit Union
Cabot Community Credit Union is committed to providing all its members with financially competitive services. This mission encompasses a wide range of offerings, including loans, checking, and savings accounts, as well as more specialized services such as wire transfers, debit and credit card facilities. The credit union's goal is to ensure that each eligible member has access to these services at reasonable prices, thereby fostering financial well-being within its membership base. This mission statement reflects Cabot Community Credit Union's dedication to its members, prioritizing affordability and accessibility in its financial offerings.
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Impact
October, 2024
Cabot Community Credit Union has a significant impact on its members and the Pampa, Texas community by providing access to competitively priced financial services. Through a variety of offerings, including loans, checking and savings accounts, wire transfers, and debit and credit card services, the credit union ensures that all eligible members can manage their finances effectively. By prioritizing affordability, Cabot Community Credit Union fosters financial inclusion and supports the economic well-being of individuals and families in the area, which ultimately contributes to the overall growth and stability of the local community.
This information is meant to be a general summary of Cabot Community 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: $93,750
- Program Service Revenue: $1,448,953
- Gross Receipts: $2,096,070
Assets and Liabilities:
- Total Assets: $39,455,706
- Total Liabilities: $345,530
- Net Assets: $39,110,176
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Income from Loans
Revenue
$1,448,953
Organization Details
Founding Year
1931
Phone
(806) 655-0847Principal Officer
Debra Howell
Main Address
1063 N Sumner, Pampa, TX, 79065
NTEE Category
Code: W60 - Public benefit
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