Overview
What is Fellowship Credit Union?
Fellowship Credit Union is a nonprofit organization based in Lamar, Colorado, with a focus on promoting financial stability within its membership. Through various initiatives, it aims to achieve this goal. The organization operates the Fellowship Credit Union Foundation, which provides scholarship funds for local students to help cover college expenses and supports financial education programs in local high schools. Furthermore, Fellowship Credit Union actively engages in financial education and training within middle and high schools, and offers fraud and identity theft prevention education for senior citizens and the elderly in the community. The organization's mission is to encourage financial stability by providing financial education, affordable financial products, and exceptional service to its members.
Official website here: www.fellowshipcreditunion.com
Is Fellowship Credit Union legitimate?
Fellowship Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Fellowship 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: $312,745
Professional Fundraising Fees: $0
Other Salaries and Wages: $530,689
For more financial information, click here
Official website here: www.fellowshipcreditunion.com
What is the mission statement of Fellowship Credit Union?
Fellowship Credit Union's mission is centered around promoting economic stability among its membership. They achieve this through various means, including providing financial education, offering affordable financial products, and delivering exceptional service. To further their mission, they established the Fellowship Credit Union Foundation, which provides scholarship funds for local students and supports financial education programs in schools. Additionally, the credit union offers financial education and training in middle and high schools, as well as fraud and identity theft prevention education for senior citizens and the elderly in the local communities.
Official website here: www.fellowshipcreditunion.com
Who is the CEO of Fellowship Credit Union?
Brian Kane is the Ceo of Fellowship Credit Union. The CEO's salary of Fellowship Credit Union is $117,904 and their total compensation is $130,271.
Official website here: www.fellowshipcreditunion.com
What is the revenue of Fellowship Credit Union?
Fellowship Credit Union's revenue in 2022 was $2,185,803.
Official website here: www.fellowshipcreditunion.com
Who are the executives of Fellowship Credit Union and what are their salaries?
There 8 volunteers at Fellowship Credit Union.
Here are 8 key members and their salaries (Fellowship Credit Union's CEO's salary is $117,904 and their total compensation is $130,271):
- 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: $117,904
- Related: $0
- Other: $12,367
- Compensation: $83,711
- Related: $0
- Other: $11,215
- Compensation: $77,339
- Related: $0
- Other: $10,209
Official website here: www.fellowshipcreditunion.com
Where can I find the form 990 for Fellowship Credit Union?
Fellowship Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fellowshipcreditunion.com
Learn more at the official website: www.fellowshipcreditunion.com
Mission Statement of Fellowship Credit Union
Fellowship Credit Union, a financial institution, is committed to fostering economic stability among its membership. This is achieved through three key strategies: providing financial education, offering affordable financial products, and delivering exceptional service. The credit union's mission is to empower its members by equipping them with financial knowledge and accessible financial tools.
To further its mission, Fellowship Credit Union established the Fellowship Credit Union Foundation, Inc. This foundation provides scholarship funds for local students, assisting them in meeting their college expenses, and aids in the implementation of financial education programs in local high schools. Moreover, Fellowship Credit Union extends its financial education and training to middle and high schools in the community.
In addition, Fellowship Credit Union focuses on fraud and identity theft prevention education for senior citizens and the elderly in local communities. This initiative aims to protect the vulnerable population from financial exploitation and scams, thereby promoting financial security and peace of mind. By implementing these strategies, Fellowship Credit Union effectively encourages financial stability and well-being among its membership.
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
Fellowship Credit Union plays a crucial role in fostering economic stability within the community by emphasizing financial education, affordable financial products, and exceptional service. Through its initiatives, the organization provides scholarships for local students, helping them manage college expenses while also supporting high schools in implementing essential financial education programs.
Financial literacy is further propagated through educational training offered to middle and high school students, ensuring that younger generations are equipped with the knowledge they need for sound financial decision-making. Additionally, Fellowship Credit Union addresses the unique challenges faced by senior citizens by offering education on fraud and identity theft prevention, safeguarding this vulnerable demographic.
Overall, Fellowship Credit Union's commitment to empowering individuals with financial knowledge and resources significantly contributes to the economic well-being of the local community in Lamar, Colorado.
This information is meant to be a general summary of Fellowship 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: -$63,838
- Program Service Revenue: $2,249,641
- Gross Receipts: $2,258,014
Assets and Liabilities:
- Total Assets: $41,386,798
- Total Liabilities: $37,587,880
- Net Assets: $3,798,918
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 MEMBER LOANS
Revenue
$1,968,657
FEES MEMBER SERVICE
Revenue
$147,186
OTHER OPERATING INCOME
Revenue
$133,798
Organization Details
Founding Year
1959
Phone
(719) 336-5511Principal Officer
Brian Kane
Main Address
PO BOX 876, LAMAR, CO, 81052
NTEE Category
Code: W60 - Public benefit
If you are a representative of Fellowship 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.