Overview
What is Trans Texas Southwest Credit Union?
Trans Texas Southwest Credit Union is a cooperative financial institution based in San Angelo, Texas, with an address at 3401 Loop 306. They primarily offer credit union services such as savings accounts, checking accounts, and loans to its members. The credit union boasts a workforce of 19 dedicated individuals. Quarterly, the member share accounts pay dividends, indicating a commitment to financial returns for its members. The credit union operates as a cooperative, ensuring that its services are tailored to the needs of its membership.
Official website here: www.transtexas.coop
Is Trans Texas Southwest Credit Union legitimate?
Trans Texas Southwest Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Trans Texas Southwest 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: $132,974
Professional Fundraising Fees: $0
Other Salaries and Wages: $788,074
For more financial information, click here
Official website here: www.transtexas.coop
What is the mission statement of Trans Texas Southwest Credit Union?
Trans Texas Southwest Credit Union serves as a cooperative provider of credit union services, offering savings accounts, checking accounts, and loans to its members. Their mission, as stated, is to provide these credit union services. One of their key offerings is share accounts, which pay dividends to members quarterly. The credit union aims to serve its members effectively and efficiently, offering financial solutions to help them manage their finances.
Official website here: www.transtexas.coop
Who is the CEO of Trans Texas Southwest Credit Union?
Toni A Sudduth is the CEO of Trans Texas Southwest Credit Union The CEO's salary of Trans Texas Southwest Credit Union is $132,974 and their total compensation is $132,974.
Official website here: www.transtexas.coop
What is the revenue of Trans Texas Southwest Credit Union?
Trans Texas Southwest Credit Union's revenue in 2023 was $2,617,758.
Official website here: www.transtexas.coop
Who are the executives of Trans Texas Southwest Credit Union and what are their salaries?
The average compensation at Trans Texas Southwest Credit Union during 2023 was $46,052. There are 20 employees and 4 volunteers at Trans Texas Southwest Credit Union.
Here are 5 key members and their salaries (Trans Texas Southwest Credit Union's CEO's salary is $132,974 and their total compensation is $132,974):
- Compensation: $132,974
- 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.transtexas.coop
Where can I find the form 990 for Trans Texas Southwest Credit Union?
Trans Texas Southwest Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.transtexas.coop
Learn more at the official website: www.transtexas.coop
Mission Statement of Trans Texas Southwest Credit Union
Trans Texas Southwest Credit Union, as a cooperative entity, is dedicated to providing a variety of credit union services. This includes savings accounts, checking accounts, and loans. In simpler terms, it serves as a financial institution that offers its members the opportunity to save, spend, and borrow money. The credit union's mission is further highlighted by the fact that its member share accounts pay dividends quarterly. This indicates that the credit union aims to not only provide financial services but also to generate returns for its members. The cooperative nature of the Credit Union ensures that it operates for the benefit of its members, making it a reliable and member-focused financial institution.
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Impact
October, 2024
Trans Texas Southwest Credit Union serves as a vital cooperative provider of financial services in San Angelo, TX, offering a range of products including savings accounts, checking accounts, and loans. By operating member share accounts that pay dividends quarterly, the credit union promotes savings and financial growth among its members. Its focus on community-oriented financial services positions it as a critical player in enhancing the economic well-being of its members and the broader local community, reinforcing financial literacy and stability.
This information is meant to be a general summary of Trans Texas Southwest 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 2023.
- Investment Income: $273,971
- Program Service Revenue: $2,351,969
- Gross Receipts: $2,668,074
Assets and Liabilities:
- Total Assets: $45,091,924
- Total Liabilities: $39,334,411
- Net Assets: $5,757,513
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE INCOME& MISCELLANEOUS
Revenue
$286,124
INTEREST ON LOANS
Revenue
$2,065,845
Organization Details
Founding Year
1954
Principal Officer
Peggy Black
Website
www.transtexas.coopNTEE Category
Code: W60 - Public benefit
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