Overview
What is Highway District 19 Employees Credit Union?
Highway District 19 Employees Credit Union is a cooperative financial institution, serving its members in Atlanta, Texas. The primary focus of this credit union is to help its members accumulate wealth through savings and loans, supporting their financial goals. As of December 31, 2022, the credit union manages 1,543 member-owned accounts. It operates as a nonprofit organization, with a small workforce of four individuals dedicated to its mission. The credit union offers various savings options, catering to members of all ages.
Is Highway District 19 Employees Credit Union legitimate?
Highway District 19 Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Highway District 19 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: $62,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $118,675
For more financial information, click here
What is the mission statement of Highway District 19 Employees Credit Union?
The Highway District 19 Employees Credit Union operates as a cooperative thrift organization, serving its members by providing opportunities for systematic savings and loans for provident and productive purposes. Its mission, in essence, is to assist its members in building their financial worth. The Credit Union offers member-owned share accounts, which come with advantages for individuals of all ages. As of December 31, 2022, the Credit Union had 1,543 such accounts. In summary, the Credit Union's mission is to empower its members by facilitating financial growth through savings and loan services.
Who is the CEO of Highway District 19 Employees Credit Union?
Vicki Stroman is the President/Manager of Highway District 19 Employees Credit Union.
What is the revenue of Highway District 19 Employees Credit Union?
Highway District 19 Employees Credit Union's revenue in 2022 was $343,157.
Who are the executives of Highway District 19 Employees Credit Union and what are their salaries?
The average compensation at Highway District 19 Employees Credit Union during 2022 was $45,180. There are 4 employees at Highway District 19 Employees Credit Union.
Here are 7 key members and their salaries:
- Compensation: $62,043
- Related: $0
- Other: $3,723
- 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
Where can I find the form 990 for Highway District 19 Employees Credit Union?
Highway District 19 Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Highway District 19 Employees Credit Union
Highway District 19 Employees Credit Union, as a cooperative thrift organization, is committed to enhancing its members' financial well-being. By operating as a "Credit Union," the institution provides a platform for its members to engage in systematic savings and secure loans for prudent and productive purposes. The Credit Union's mission is to facilitate member-driven wealth creation, thereby empowering individuals to achieve financial stability and prosperity. As of December 31, 2022, the Credit Union boasts 1,543 member-owned share accounts, showcasing its commitment to its members' financial growth.
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Impact
October, 2024
Highway District 19 Employees Credit Union significantly contributes to the financial well-being of its members by promoting systematic savings and providing accessible loans for various purposes. With 1,543 member-owned accounts as of December 31, 2022, the Credit Union fosters a sense of community and cooperation among its members in Atlanta, TX.
By offering share accounts that cater to individuals of all ages, it encourages a culture of saving and financial responsibility. Members can build their financial worth while accessing funds for provident and productive activities, which supports personal growth and stability. The Credit Union's emphasis on cooperative thrift allows it to reinvest in its community, enhancing overall economic resilience and improving the quality of life for its members.
This information is meant to be a general summary of Highway District 19 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: $52,350
- Program Service Revenue: $221,393
- Gross Receipts: $343,157
Assets and Liabilities:
- Total Assets: $10,129,722
- Total Liabilities: $8,702,305
- Net Assets: $1,427,417
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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
$213,024
Members' Fees and Charges
Revenue
$8,369
Organization Details
Founding Year
1961
Phone
(903) 796-4423Principal Officer
Vicki Stroman
Main Address
Post Office Box 1085, Atlanta, TX, 755511085
NTEE Category
Code: W60 - Public benefit
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