Caprock Santa Fe Credit Union

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

EIN: 750921163 ✦ Slaton, TX ✦ Designated as a 501(c)(14)

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Overview

What is Caprock Santa Fe Credit Union?

Caprock Santa Fe Credit Union is a nonprofit organization located in Slaton, Texas. With a membership of approximately 4,608 individuals, the credit union manages 8,353 accounts, offering deposit and loan services to its members. Established with a mission to provide high-quality financial services, Caprock Santa Fe Credit Union aims to ensure stability, deliver member-driven services, offer competitive rates and reasonable fees, provide personal service, and utilize technological advancements to expand and enhance its offerings. The credit union currently employs 12 individuals to achieve its mission.


Official website here: www.csfcu.com

Is Caprock Santa Fe Credit Union legitimate?

Caprock Santa Fe Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Caprock Santa Fe 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: $141,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $313,509

For more financial information, click here


Official website here: www.csfcu.com

What is the mission statement of Caprock Santa Fe Credit Union?

Caprock Santa Fe Credit Union's mission is centered around serving its membership. The credit union aims to provide stability, member-driven services, competitive rates, and reasonable fees. It also focuses on delivering personal service and leveraging technical advances to enhance and expand its offerings. The primary goal is to meet the financial needs of its approximately 4,608 members, who collectively manage 8,353 accounts.


Official website here: www.csfcu.com

Who is the CEO of Caprock Santa Fe Credit Union?

Ann Marie Wright is the Chairman of Caprock Santa Fe Credit Union. The CEO's salary of Caprock Santa Fe Credit Union is $125,211 and their total compensation is $141,561.


Official website here: www.csfcu.com

What is the revenue of Caprock Santa Fe Credit Union?

Caprock Santa Fe Credit Union's revenue in 2022 was $2,398,210.


Official website here: www.csfcu.com

Who are the executives of Caprock Santa Fe Credit Union and what are their salaries?

The average compensation at Caprock Santa Fe Credit Union during 2022 was $37,922. There are 12 employees and 10 volunteers at Caprock Santa Fe Credit Union.


Here are 11 key members and their salaries (Caprock Santa Fe Credit Union's CEO's salary is $125,211 and their total compensation is $141,561):


Mike Green (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
W L Rice (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juanita Heathington (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mickey Cole (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Creager (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Polk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benny Arguello 0422 - 1222 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darlene Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Miller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wd Sims 0122 - 0422 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Marie Wright (President/Ceo)
  • Compensation: $125,211
  • Related: $0
  • Other: $16,350


Official website here: www.csfcu.com

Where can I find the form 990 for Caprock Santa Fe Credit Union?

Caprock Santa Fe Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.csfcu.com

Learn more at the official website: www.csfcu.com

Mission Statement of Caprock Santa Fe Credit Union

Caprock Santa Fe Credit Union was established with a mission to serve its membership. This mission encompasses providing stability, member-driven services, competitive rates, and reasonable fees, as well as personal service and technological advancements that enhance and expand services. The credit union's goal is to cater to its approximately 4,608 members, who collectively manage 8,353 different accounts. The credit union's operations are centered around delivering quality financial services that meet the needs of its members, thereby fostering financial stability and growth.

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Impact




October, 2024

Caprock Santa Fe Credit Union significantly impacts its community by providing quality financial services tailored to the needs of its members. With approximately 4,608 members and 8,353 different accounts, the credit union fosters financial stability and accessibility. Its mission emphasizes member-driven services, competitive rates, and reasonable fees, ensuring that members receive personalized support and technical innovations that enhance their banking experience. By holding deposits and providing loans, the credit union actively contributes to the financial well-being of individuals and families in Slaton, TX, and the surrounding areas. This focus on community engagement and member satisfaction not only strengthens local economic resilience but also promotes financial literacy and responsibility among its members.




This information is meant to be a general summary of Caprock Santa Fe 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
$2,398,210 (2022)
Expenses
$1,381,669 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $462,461
  • Program Service Revenue: $1,802,445
  • Gross Receipts: $2,398,210

Assets and Liabilities:

  • Total Assets: $49,104,994
  • Total Liabilities: $30,984,915
  • Net Assets: $18,120,079

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Programs

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

INTEREST FROM MEMBERS

Revenue

$1,549,840

FEE INCOME

Revenue

$252,605

Organization Details

Founding Year

1954

Principal Officer

Ann Marie Wright

Main Address

PO BOX 100, SLATON, TX, 79364

NTEE Category

Code: W60 - Public benefit

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