Overview
What is Dallas Up Employees Credit Union?
Dallas Up Employees Credit Union is a voluntary, cooperative, and nonprofit savings institution, established under the Texas Credit Union Act. This credit union's primary objective is to foster thrift among its members by offering savings opportunities. It also provides loans at reasonable interest rates and creates a chance for financial growth. With a small team of four employees, Dallas Up Employees Credit Union operates in Dallas, Texas, offering its services primarily to its members.
Official website here: www.dupecu.org
Is Dallas Up Employees Credit Union legitimate?
Dallas Up Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Dallas Up Employees 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: $315,085
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.dupecu.org
What is the mission statement of Dallas Up Employees Credit Union?
Dallas Up Employees Credit Union, established under the Texas Credit Union Act, operates as a voluntary, cooperative, and nonprofit savings institution. Its primary purpose is to foster thrift among its members, offer credit at reasonable interest rates, and provide an opportunity for financial growth. The credit union operates with the aim of encouraging its members to save, offering credit when needed, and providing them with financial opportunities. The institution generates income through various sources, including interest earned on loans and various operational fees and charges.
Official website here: www.dupecu.org
Who is the CEO of Dallas Up Employees Credit Union?
Rosalyn Boldin is the President And Ceo of Dallas Up Employees Credit Union. The CEO's salary of Dallas Up Employees Credit Union is $118,444 and their total compensation is $118,444.
Official website here: www.dupecu.org
What is the revenue of Dallas Up Employees Credit Union?
Dallas Up Employees Credit Union's revenue in 2022 was $1,143,513.
Official website here: www.dupecu.org
Who are the executives of Dallas Up Employees Credit Union and what are their salaries?
The average compensation at Dallas Up Employees Credit Union during 2022 was $78,771. There are 4 employees and 13 volunteers at Dallas Up Employees Credit Union.
Here are 10 key members and their salaries (Dallas Up Employees Credit Union's CEO's salary is $118,444 and their total compensation is $118,444):
- Compensation: $118,444
- Related: $0
- Other: $0
- Compensation: $73,781
- Related: $0
- Other: $0
- Compensation: $72,561
- 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
Official website here: www.dupecu.org
Where can I find the form 990 for Dallas Up Employees Credit Union?
Dallas Up Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dupecu.org
Learn more at the official website: www.dupecu.org
Mission Statement of Dallas Up Employees Credit Union
Dallas Up Employees Credit Union, a voluntary, cooperative, and nonprofit savings institution, was established under the provisions of the Texas Credit Union Act. Its primary purpose is to encourage thrift among its members, providing credit at a fair and reasonable rate of interest, and offering an opportunity for financial growth. This credit union operates based on the cooperative principle, whereby members collectively contribute and benefit from its services. The mission of Dallas Up Employees Credit Union is to foster financial well-being among its members, promoting the responsible use of credit while offering affordable loan options and savings opportunities. The credit union's operations are funded through various sources, including interest earned on loans, regular fees, charges, and other operating income, ensuring the continued availability of financial services to its members.
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Impact
October, 2024
Dallas Up Employees Credit Union plays a significant role in fostering financial wellness among its members by promoting thrift and providing access to affordable credit. The credit union operates under the Texas Credit Union Act, emphasizing a cooperative approach that empowers its members through shared financial resources. By encouraging savings and offering loans at fair and reasonable interest rates, it helps individuals manage their financial needs effectively.
The impact of Dallas Up Employees Credit Union is evident in the support it provides to its member community. Through interest earned on loans and other operating income, the credit union can reinvest in services and resources that benefit its members. This model not only offers a sense of community and shared purpose but also enhances financial literacy and stability within the Dallas area. Overall, Dallas Up Employees Credit Union strengthens the economic foundation of its members, contributing positively to their financial health and, by extension, to the broader community.
This information is meant to be a general summary of Dallas Up Employees 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: $191,817
- Program Service Revenue: $951,696
- Gross Receipts: $1,143,513
Assets and Liabilities:
- Total Assets: $26,787,168
- Total Liabilities: $21,569,305
- Net Assets: $5,217,863
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST 111000
Revenue
$834,799
REGULAR FEES & CHARGES
Revenue
$116,897
Organization Details
Founding Year
1953
Principal Officer
Rosalyn Boldin
Main Address
PO BOX 41025, DALLAS, TX, 75241
Website
www.dupecu.orgNTEE Category
Code: W60 - Public benefit
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