Montana Educators Credit Union

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

EIN: 810504125 ✦ Missoula, MT ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

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:


Carla Getz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Torry Holmquist (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Schmauch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Frederickson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn K Shepherd (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth C Huguet (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela F Diamond (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


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.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

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.

Revenue
$1,059,794 (2022)
Expenses
$898,316 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $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

Want to help this charity, for free? You can click here to learn more about Give Freely

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

Principal Officer

Leslie Womack

Main Address

PO Box 2668, Missoula, MT, 59806

NTEE Category

Code: W60 - Public benefit

If you are a representative of Montana Educators Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.