Angelina County Teachers Credit Union

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

EIN: 750960075 ✦ Lufkin, TX ✦ Designated as a 501(c)(14)

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Overview

What is Angelina County Teachers Credit Union?

Angelina County Teachers Credit Union is a nonprofit organization located in Lufkin, Texas. Established to serve approximately 1,800 members associated with eight different schools in Angelina County, its primary mission is to offer safe, reliable, and competitive financial services. The credit union is dedicated to upholding a caring and professional philosophy, prioritizing the well-being of its members. With a modest workforce of four individuals, Angelina County Teachers Credit Union focuses on catering to the financial needs of its member community, ensuring they receive responsible and considerate service.


Official website here: www.actcu.com

Is Angelina County Teachers Credit Union legitimate?

Angelina County Teachers Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Angelina County Teachers 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: $65,881
Professional Fundraising Fees: $0
Other Salaries and Wages: $100,970

For more financial information, click here


Official website here: www.actcu.com

What is the mission statement of Angelina County Teachers Credit Union?

The Angelina County Teachers Credit Union's mission is centered around providing its members with safe, reliable, and competitive financial services. This organization is committed to upholding a responsible, caring, and professional approach towards its members. The credit union aims to serve approximately 1,800 members from various schools in Angelina County in this manner.


Official website here: www.actcu.com

Who is the CEO of Angelina County Teachers Credit Union?

Phyllis Davis is the President/Ce of Angelina County Teachers Credit Union.


Official website here: www.actcu.com

What is the revenue of Angelina County Teachers Credit Union?

Angelina County Teachers Credit Union's revenue in 2022 was $441,880.


Official website here: www.actcu.com

Who are the executives of Angelina County Teachers Credit Union and what are their salaries?

The average compensation at Angelina County Teachers Credit Union during 2022 was $41,713. There are 4 employees at Angelina County Teachers Credit Union.


Here are 9 key members and their salaries:


Phyllis Davis (President/Ce)
  • Compensation: $65,881
  • Related: $0
  • Other: $36,447
Stephen Rhoades (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Ricks (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Ashby (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Weathers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jana Coulter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Winifred Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracie Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.actcu.com

Where can I find the form 990 for Angelina County Teachers Credit Union?

Angelina County Teachers Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.actcu.com

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

Mission Statement of Angelina County Teachers Credit Union

Angelina County Teachers Credit Union is dedicated to providing its members with reliable, competitive, and secure financial services. The credit union is committed to upholding a responsible, caring, and professional approach towards its members, who share a common bond, typically being associated with one of the eight schools in Angelina County. The mission of Angelina County Teachers Credit Union is to serve its members effectively and ethically, ensuring their financial well-being.

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Impact




October, 2024

Angelina County Teachers Credit Union significantly impacts its community by offering safe, sound, and competitive financial services to approximately 1,800 members from eight different schools in Angelina County, Texas. This credit union fosters a sense of community among educators and school staff, providing them with tailored financial solutions that address their unique needs.

By prioritizing responsible, caring, and professional service, the credit union builds trust and contributes to the financial well-being of its members. Through its commitment to serving those who share a common bond, it not only supports individual financial growth but also reinforces community ties among educators in the region. The credit union’s focus on shared values and collaborative support exemplifies its role as a vital financial resource in the local educational ecosystem.




This information is meant to be a general summary of Angelina County Teachers 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
$441,880 (2022)
Expenses
$463,394 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $441,880
  • Gross Receipts: $441,880

Assets and Liabilities:

  • Total Assets: $14,349,866
  • Total Liabilities: $12,529,370
  • Net Assets: $1,820,496

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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

$295,438

INVESTMENT INCOME

Revenue

$77,502

OTHER OPERATING INCOME

Revenue

$35,982

FEE INCOME

Revenue

$27,856

CREDIT LIFE INSURANCE

Revenue

$3,358

Organization Details

Founding Year

1954

Principal Officer

Phyllis Davis

Main Address

PO BOX 523, LUFKIN, TX, 75902

NTEE Category

Code: W60 - Public benefit

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