Montana Credit Union League

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

EIN: 810240316 ✦ Helena, MT ✦ Designated as a 501(c)(6)

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Overview

What is Montana Credit Union League?

The Montana Credit Union League is a nonprofit organization situated in Helena, Montana. With a team of 13 dedicated individuals, their primary focus is on supporting the growth and success of affiliated credit unions. They accomplish this by offering various programs and services, such as publishing informative newsletters, providing consulting services, monitoring legislative changes affecting credit unions, and conducting educational seminars. By doing so, they help credit unions effectively cater to their members' needs, thereby fostering their vitality and overall success.


Official website here: www.mcun.coop

Is Montana Credit Union League legitimate?

Montana Credit Union League is a legitimate nonprofit organization registered as a 501(c)(6) entity. Montana Credit Union League 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: $302,385
Professional Fundraising Fees: $0
Other Salaries and Wages: $579,301

For more financial information, click here


Official website here: www.mcun.coop

What is the mission statement of Montana Credit Union League?

The Montana Credit Union League's mission is centered around enhancing the vitality of its affiliated credit unions. By providing various programs and services, the league aims to empower these credit unions to effectively meet the needs of their members. Their activities include offering member services such as publishing newsletters, providing consulting services, monitoring legislation affecting credit unions, and presenting seminars. The ultimate goal is to support the growth and success of their affiliated credit unions, thereby benefiting their members.


Official website here: www.mcun.coop

Who is the CEO of Montana Credit Union League?

Gerry Singleton is the Chairman of Montana Credit Union League. The CEO's salary of Montana Credit Union League is $259,807 and their total compensation is $302,385.


Official website here: www.mcun.coop

What is the revenue of Montana Credit Union League?

Montana Credit Union League's revenue in 2022 was $1,916,426.


Official website here: www.mcun.coop

Who are the executives of Montana Credit Union League and what are their salaries?

The average compensation at Montana Credit Union League during 2022 was $67,822. There are 13 employees at Montana Credit Union League.


Here are 9 key members and their salaries (Montana Credit Union League's CEO's salary is $259,807 and their total compensation is $302,385):


Jeremy Presta (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Beaty (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Womack (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Boos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Lawson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annamarie Deyoung (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darci Parsons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracie Kenyon (Ceo)
  • Compensation: $259,807
  • Related: $0
  • Other: $42,578
Karen Smith (Svp-Chief Advocacy Officer)
  • Compensation: $103,788
  • Related: $0
  • Other: $9,648


Official website here: www.mcun.coop

Where can I find the form 990 for Montana Credit Union League?

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


Official website here: www.mcun.coop

Learn more at the official website: www.mcun.coop

Mission Statement of Montana Credit Union League

Montana Credit Union League, a nonprofit organization, is dedicated to promoting the vitality of affiliated credit unions. To accomplish this, the League provides various programs and services that enhance these credit unions' capabilities to effectively cater to their members' needs. By doing so, Montana Credit Union League aims to contribute to the overall success of its affiliated credit unions.

In fulfilling its mission, Montana Credit Union League offers a range of member services. These services include the publication of informative newsletters, consulting assistance to member credit unions, monitoring legislation that affects credit unions, and conducting seminars for these credit unions. These efforts help to ensure that affiliated credit unions remain up-to-date on industry trends, remain compliant with regulations, and are equipped with the necessary tools to meet their members' needs effectively.

In summary, Montana Credit Union League serves as a vital resource for its affiliated credit unions. By offering programs and services tailored to enhancing their abilities to meet members' needs, the League plays a crucial role in supporting and strengthening these credit unions. This, in turn, benefits the members of these credit unions by ensuring they have access to high-quality financial services.

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Impact




October, 2024

The Montana Credit Union League significantly impacts the vitality of credit unions across the state by offering essential programs and services. These initiatives equip member credit unions with tools to effectively address the needs of their members and enhance their overall operations.

Through the publication of newsletters, the League keeps credit unions informed about industry trends, best practices, and essential updates. Its consulting services provide tailored support to member credit unions, helping them optimize their services and improve member engagement.

The League actively monitors legislation affecting credit unions, ensuring that its affiliates remain compliant and informed about regulatory changes that could impact their operations. Additionally, the presentation of seminars fosters professional development and knowledge sharing among credit union staff and leadership.

Overall, the Montana Credit Union League plays a crucial role in strengthening the credit union community, contributing to improved financial services and community well-being in Montana.




This information is meant to be a general summary of Montana Credit Union League. 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
$1,916,426 (2022)
Expenses
$1,684,316 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $41,115
  • Program Service Revenue: $1,882,912
  • Gross Receipts: $1,928,064

Assets and Liabilities:

  • Total Assets: $2,126,366
  • Total Liabilities: $475,285
  • Net Assets: $1,651,081

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP FEES

Revenue

$1,312,654

MANAGEMENT FEES

Revenue

$351,011

PROGRAM SERVICE REVENU

Revenue

$219,247

Organization Details

Founding Year

1955

Principal Officer

Gerry Singleton

Main Address

101 N RODNEY STREET, HELENA, MT, 59601

NTEE Category

Code: S41 - Community improvement

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