Overview
What is Montana Educators Credit Union?
Montana Educators Credit Union is a nonprofit organization that caters to over 1400 members, offering a diverse range of financial services. By the end of the year, the credit union manages substantial savings accounts worth $23.6 million and extends loans amounting to $18.6 million. Beyond these financial services, Montana Educators Credit Union is committed to educating its members about financial management. They also deliver consumer-centric financial solutions, ensuring their members have access to comprehensive financial resources.
Official website here: www.mtedcu.org
Is Montana Educators Credit Union legitimate?
Montana Educators Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Montana Educators 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: $354,355
For more financial information, click here
Official website here: www.mtedcu.org
What is the mission statement of Montana Educators Credit Union?
Montana Educators Credit Union's mission is centered around serving its over 1400 members. The credit union offers a range of financial services, with significant amounts in savings and loans at the end of the year. Beyond financial services, Montana Educators Credit Union also prioritizes providing financial education to its members. This commitment to education and financial well-being sets it apart, making it more than just a provider of consumer financial services.
Official website here: www.mtedcu.org
Who is the CEO of Montana Educators Credit Union?
Leslie Womack is the Board Member of Montana Educators Credit Union.
Official website here: www.mtedcu.org
What is the revenue of Montana Educators Credit Union?
Montana Educators Credit Union's revenue in 2022 was $1,059,794.
Official website here: www.mtedcu.org
Who are the executives of Montana Educators Credit Union and what are their salaries?
The average compensation at Montana Educators Credit Union during 2022 was $59,059. There are 6 employees and 10 volunteers at Montana Educators Credit Union.
Here are 7 key members and their salaries:
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Official website here: www.mtedcu.org
Where can I find the form 990 for Montana Educators Credit Union?
Montana Educators Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mtedcu.org
Learn more at the official website: www.mtedcu.org
Mission Statement of Montana Educators Credit Union
Montana Educators Credit Union, serving over 1400 members, is committed to providing a wide array of financial services. Its mission extends beyond mere monetary transactions, as it also emphasizes financial education and consumer-focused financial services. By the end of the year, the credit union manages an impressive $23.6 million in savings accounts and dispenses $18.6 million in loans. This financial institution plays a significant role in empowering its members by offering them comprehensive financial solutions.
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Impact
October, 2024
Montana Educators Credit Union significantly benefits its community by providing essential financial services to over 1,400 members. With $23.6 million in savings accounts and $18.6 million in outstanding loans, it plays a critical role in supporting the financial well-being of its members. The credit union fosters financial literacy through education, empowering individuals to make informed financial decisions. By offering a variety of consumer financial services, it contributes to the economic stability and growth of the Missoula area, creating a positive impact on the lives of its members and the broader community.
This information is meant to be a general summary of Montana Educators 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: $68,949
- Program Service Revenue: $982,512
- Gross Receipts: $1,099,231
Assets and Liabilities:
- Total Assets: $28,647,602
- Total Liabilities: $0
- Net Assets: $28,647,602
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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
$724,828
Fees and charges
Revenue
$176,935
Organization Details
Founding Year
1996
Phone
(406) 728-1034Principal Officer
Leslie Womack
Main Address
PO Box 2668, Missoula, MT, 59806
Website
www.mtedcu.orgNTEE Category
Code: W60 - Public benefit
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