Overview
What is Reeves County Teachers Credit Union?
Reeves County Teachers Credit Union, a nonprofit establishment situated in Pecos, Texas, was established with a mission to serve the financial needs of school employees and their families. This credit union offers a variety of loan products at competitive rates, catering to the financial requirements of its members. With a modest workforce of five individuals, Reeves County Teachers Credit Union is committed to supporting its community by providing financial services.
Is Reeves County Teachers Credit Union legitimate?
Reeves County Teachers Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Reeves County Teachers 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: $80,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,436
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What is the mission statement of Reeves County Teachers Credit Union?
Reeves County Teachers Credit Union was established with a mission to offer financial services to the community of school employees and their families. The credit union's main objective is to provide various loan products at competitive rates to its members. By doing so, it aims to support the financial needs of its members, contributing to their overall well-being. The credit union's activities are centered around providing financial services that cater to the unique needs of its member base, which comprises school employees and their families.
Who is the CEO of Reeves County Teachers Credit Union?
Frank Jimenez is the Chairperson of Reeves County Teachers Credit Union. The CEO's salary of Reeves County Teachers Credit Union is $80,600 and their total compensation is $80,600.
What is the revenue of Reeves County Teachers Credit Union?
Reeves County Teachers Credit Union's revenue in 2022 was $570,829.
Who are the executives of Reeves County Teachers Credit Union and what are their salaries?
The average compensation at Reeves County Teachers Credit Union during 2022 was $45,207. There are 5 employees and 7 volunteers at Reeves County Teachers Credit Union.
Here are 6 key members and their salaries (Reeves County Teachers Credit Union's CEO's salary is $80,600 and their total compensation is $80,600):
- 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: $80,600
- Related: $0
- Other: $0
Where can I find the form 990 for Reeves County Teachers Credit Union?
Reeves County Teachers Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Reeves County Teachers Credit Union
Reeves County Teachers Credit Union, as its name suggests, was established with a mission to extend financial services to the community of school employees and their families. This nonprofit organization, dedicated to its mission, offers various loan products at competitive rates, providing financial assistance to its members when needed. Its primary goal is to support the educational community by offering financial solutions tailored to their needs.
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Impact
October, 2024
Reeves County Teachers Credit Union significantly impacts its community by providing essential financial services to school employees and their families in Pecos, Texas. By offering a wide range of loan products at competitive rates, they empower educators and their families to achieve financial stability and pursue their goals. The union's dedicated focus on serving the needs of those in the educational sector fosters a sense of community and support, enhancing the overall well-being of local families. This commitment to accessible financial services not only helps individuals manage their finances but also contributes to the economic vitality of the region, creating a positive ripple effect throughout the local community.
This information is meant to be a general summary of Reeves County Teachers 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: $52,520
- Program Service Revenue: $407,489
- Gross Receipts: $570,829
Assets and Liabilities:
- Total Assets: $9,808,024
- Total Liabilities: $8,423,041
- Net Assets: $1,384,983
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest from Loans
Revenue
$407,489
Organization Details
Founding Year
1967
Phone
(432) 447-6192Principal Officer
Frank Jimenez
Main Address
PO Box 430, Pecos, TX, 79772
NTEE Category
Code: W60 - Public benefit
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