Tarrant County's Credit Union

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

EIN: 751054189 ✦ Fort worth, TX ✦ Designated as a 501(c)(14)

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Overview

What is Tarrant County's Credit Union?

Tarrant County's Credit Union, situated in Fort Worth, Texas, is a nonprofit organization that prioritizes the financial well-being of its members. With a workforce of 55 employees, this credit union offers a wide range of loans to cater to its members' diverse needs. The organization's primary mission is to deliver top-notch financial services to its members, ensuring they receive the best possible financial solutions. The credit union's location at 200 Taylor St, Fort Worth, TX 76102, makes it easily accessible for its members.


Official website here: www.tarantcu.org

Is Tarrant County's Credit Union legitimate?

Tarrant County's Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Tarrant County's 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: $572,938
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,909,058

For more financial information, click here


Official website here: www.tarantcu.org

What is the mission statement of Tarrant County's Credit Union?

Tarrant County's Credit Union is committed to delivering superior financial services to its members. Their mission is focused on ensuring that the services provided meet the highest standards, aiming to cater to the needs of each member effectively. The credit union offers a variety of loans to its members, further emphasizing its dedication to providing comprehensive financial solutions. In essence, Tarrant County's Credit Union prioritizes member satisfaction and financial well-being, striving to offer the best possible financial services.


Official website here: www.tarantcu.org

Who is the CEO of Tarrant County's Credit Union?

Lily Newfarmer is the Chairman of Tarrant County's Credit Union. The CEO's salary of Tarrant County's Credit Union is $265,853 and their total compensation is $265,853.


Official website here: www.tarantcu.org

What is the revenue of Tarrant County's Credit Union?

Tarrant County's Credit Union's revenue in 2022 was $6,675,204.


Official website here: www.tarantcu.org

Who are the executives of Tarrant County's Credit Union and what are their salaries?

The average compensation at Tarrant County's Credit Union during 2022 was $45,127. There are 55 employees and 10 volunteers at Tarrant County's Credit Union.


Here are 10 key members and their salaries (Tarrant County's Credit Union's CEO's salary is $265,853 and their total compensation is $265,853):


Alan Thomas (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Maxwell (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Spencer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Mcdonald (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Yarbrough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kylie Giancotti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lily Newfarmer (Ceo)
  • Compensation: $265,853
  • Related: $0
  • Other: $0
Carla Reeves (Executive Vp)
  • Compensation: $194,879
  • Related: $0
  • Other: $0
Karen Knight (Vp Of It)
  • Compensation: $112,206
  • Related: $0
  • Other: $0


Official website here: www.tarantcu.org

Where can I find the form 990 for Tarrant County's Credit Union?

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


Official website here: www.tarantcu.org

Learn more at the official website: www.tarantcu.org

Mission Statement of Tarrant County's Credit Union

Tarrant County's Credit Union is dedicated to serving its members by offering them the finest financial services available. Their mission is to go beyond the ordinary, ensuring that each member receives the best possible financial solutions. The credit union provides a variety of loan options to its members, demonstrating its commitment to meeting their financial needs.

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Impact




October, 2024

Tarrant County's Credit Union plays a significant role in enhancing the financial well-being of its members by offering a diverse range of loans tailored to meet individual needs. Located in Fort Worth, Texas, the credit union is dedicated to providing the best possible financial services to its community. By facilitating access to various types of loans, Tarrant County's Credit Union empowers members to achieve their personal and financial goals, fostering economic stability and growth within the community. Its commitment to member-centric service fosters trust and strengthens financial literacy, ultimately contributing to a more financially secure environment for its members.




This information is meant to be a general summary of Tarrant County's 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
$6,675,204 (2022)
Expenses
$6,387,947 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $261,779
  • Program Service Revenue: $6,236,458
  • Gross Receipts: $6,675,204

Assets and Liabilities:

  • Total Assets: $119,584,304
  • Total Liabilities: $110,499,629
  • Net Assets: $9,084,675

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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

$4,314,145

Fee Income

Revenue

$858,840

Other Operating Income

Revenue

$1,063,473

Organization Details

Founding Year

1955

Principal Officer

Lily Newfarmer

Main Address

200 Taylor St, Fort Worth, TX, 76102

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