Overview
What is My Community Credit Union?
My Community Credit Union, located in Midland, Texas, with an address at 600 WEST LOUISIANA, is a financial institution dedicated to serving its membership. This credit union offers various loan products at competitive rates as part of their mission to provide a range of financial services. They employ a workforce of 162 individuals to uphold this commitment, and their purpose is succinctly described as "To provide all types of financial services to our membership."
Is My Community Credit Union legitimate?
My Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. My 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: $2,085,514
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,254,532
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What is the mission statement of My Community Credit Union?
My Community Credit Union is dedicated to offering a comprehensive range of financial services to its membership. The mission of this financial institution is to cater to the diverse financial needs of its members. It provides various loan products at competitive rates to help its members manage their finances effectively. By offering all types of financial services, My Community Credit Union aims to support its members in achieving their financial goals. Its commitment to its members extends beyond lending, as it strives to provide them with the tools and resources needed to make informed financial decisions. The credit union's dedication to its members also includes ensuring that the financial services provided are accessible and convenient.
Who is the CEO of My Community Credit Union?
Mark Williams is the Board Chair of My Community Credit Union. The CEO's salary of My Community Credit Union is $694,505 and their total compensation is $848,905.
What is the revenue of My Community Credit Union?
My Community Credit Union's revenue in 2022 was $32,179,129.
Who are the executives of My Community Credit Union and what are their salaries?
The average compensation at My Community Credit Union during 2022 was $45,309. There are 162 employees and 12 volunteers at My Community Credit Union.
Here are 18 key members and their salaries (My Community Credit Union's CEO's salary is $694,505 and their total compensation is $848,905):
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- Compensation: $694,505
- Related: $0
- Other: $154,400
- Compensation: $279,492
- Related: $0
- Other: $24,336
- Compensation: $188,529
- Related: $0
- Other: $10,599
- Compensation: $218,983
- Related: $0
- Other: $10,362
- Compensation: $141,501
- Related: $0
- Other: $2,686
- Compensation: $160,918
- Related: $0
- Other: $8,045
- Compensation: $131,308
- Related: $0
- Other: $6,602
- Compensation: $114,193
- Related: $0
- Other: $777
- Compensation: $156,085
- Related: $0
- Other: $6,862
Where can I find the form 990 for My Community Credit Union?
My Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of My Community Credit Union
My Community Credit Union, with its mission to provide, embarks on a journey to cater to the financial needs of its membership. This financial institution offers a comprehensive range of services, ensuring that it meets the diverse financial requirements of its members.
With a commitment to serving its membership, My Community Credit Union extends various loan products at competitive rates. These loans aim to help members manage their finances effectively, whether for personal, educational, or business purposes. By providing accessible financial solutions, the credit union empowers its members to achieve their financial goals.
My Community Credit Union's dedication to its members extends beyond just loan services. The credit union is an active participant in the financial well-being of its community, offering a helping hand to those in need. By providing all types of financial services, it fosters financial literacy and promotes financial stability among its members. The credit union's mission is to be a trusted partner, guiding its members through their financial journeys and helping them build a secure financial future.
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Impact
October, 2024
My Community Credit Union significantly impacts the Midland, TX community by offering a wide range of financial services tailored to the needs of its members. With a commitment to providing competitive loan products, the credit union helps individuals and families achieve their financial goals, from purchasing homes to funding education and managing personal expenses.
By focusing on the financial well-being of its members, My Community Credit Union fosters a sense of community and support, empowering people with the resources they need to thrive. Their mission to deliver accessible financial services not only enhances individual financial health but also contributes to the overall economic stability of the region, demonstrating the vital role they play in the community's development and prosperity.
This information is meant to be a general summary of My 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: $462,000
- Program Service Revenue: $19,184,080
- Gross Receipts: $32,179,129
Assets and Liabilities:
- Total Assets: $470,769,056
- Total Liabilities: $422,543,522
- Net Assets: $48,225,534
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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
$19,184,080
Organization Details
Founding Year
1952
Phone
(432) 688-8400Principal Officer
Mark Williams
Main Address
600 WEST LOUISIANA, MIDLAND, TX, 79701
NTEE Category
Code: W60 - Public benefit
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