Overview
What is A New Direction Credit Union?
A New Direction Credit Union, formerly known as Texas Health Resources CU, is a cooperative financial institution based in Dallas, Texas. Situated at 12770 Coit Rd, this credit union offers a variety of loan and deposit products at competitive rates. Chartered by the State of Texas and insured by the National Credit Union Administration, A New Direction Credit Union operates under the mission of providing financial services to its members with a cooperative approach.
Is A New Direction Credit Union legitimate?
A New Direction Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. A New Direction 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,155
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What is the mission statement of A New Direction Credit Union?
A New Direction Credit Union, previously known as Texas Health Resources CU, operates as a cooperative thrift institution, having been chartered by the State of Texas and ensured by the National Credit Union Administration. The primary mission of this financial institution is not explicitly stated in the provided information. However, as a cooperative thrift institution, its general purpose is typically to serve its members by providing various loan and deposit products at competitive rates. The credit union's mission likely revolves around promoting financial well-being and financial inclusion for its members. Without specific details, it is challenging to provide a more detailed mission statement.
Who is the CEO of A New Direction Credit Union?
Suzanne Chism is the Chairman of A New Direction Credit Union. The CEO's salary of A New Direction Credit Union is $54,918 and their total compensation is $54,918.
What is the revenue of A New Direction Credit Union?
A New Direction Credit Union's revenue in 2022 was $638,660.
Who are the executives of A New Direction Credit Union and what are their salaries?
There 4 volunteers at A New Direction Credit Union.
Here are 5 key members and their salaries (A New Direction Credit Union's CEO's salary is $54,918 and their total compensation is $54,918):
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $54,918
- Related: $0
- Other: $0
Where can I find the form 990 for A New Direction Credit Union?
A New Direction Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of A New Direction Credit Union
A New Direction Credit Union, a cooperative thrift institution, is on a mission, as stated by its charter from the State of Texas and backed by the National Credit Union Administration. This mission is to serve its members effectively, offering a wide range of loan and deposit products at competitive rates. As a member-owned and member-led organization, A New Direction Credit Union is dedicated to fostering financial well-being and empowerment for its members, providing them with the financial tools they need to achieve their financial goals. The union's focus is on ensuring that its members have access to financial services that meet their needs, while also operating in a manner that is both sustainable and responsible.
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Impact
October, 2024
A New Direction Credit Union plays a significant role in the Dallas community by providing accessible financial services that empower individuals and families. As a cooperative thrift institution, it offers a wide range of loan and deposit products at competitive rates, ensuring that members have the financial tools they need to achieve their goals.
By focusing on member-centric services, A New Direction fosters financial literacy and stability, especially for those who may have limited access to traditional banking options. The institution's commitment to supporting its members aligns with its mission to serve the public benefit, making a lasting impact on the economic well-being of the community it serves.
Through its competitive offerings and dedication to member services, A New Direction Credit Union contributes to the financial health of Dallas residents, helping them build a solid foundation for their future.
This information is meant to be a general summary of A New Direction 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: $31,745
- Program Service Revenue: $540,564
- Gross Receipts: $638,660
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Income on Loans
Revenue
$378,952
Fees & Charges
Revenue
$161,612
Organization Details
Founding Year
2019
Phone
(214) 631-3813Principal Officer
Suzanne Chism
Main Address
12770 Coit Rd, Dallas, TX, 75251
NTEE Category
Code: W60 - Public benefit
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