Overview
What is Artesia Credit Union?
Artesia Credit Union is a nonprofit organization dedicated to promoting financial responsibility among its members. By establishing a reliable source of credit with reasonable interest rates, the union aims to empower its members to enhance their economic standing. Its mission encompasses fostering thrift, creating credit opportunities, and offering a platform for members to improve their financial well-being.
Official website here: www.artesiacu.org
Is Artesia Credit Union legitimate?
Artesia Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Artesia 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: $500,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $517,113
For more financial information, click here
Official website here: www.artesiacu.org
What is the mission statement of Artesia Credit Union?
Artesia Credit Union's mission is centered around promoting thrift among its members, serving as a reliable source of credit with reasonable interest rates, and offering an opportunity for members to enhance their financial well-being. By encouraging savings and providing affordable credit, the union aims to assist its members in improving their economic condition.
Official website here: www.artesiacu.org
Who is the CEO of Artesia Credit Union?
Karen Rapp is the Director of Artesia Credit Union. The CEO's salary of Artesia Credit Union is $239,168 and their total compensation is $239,168.
Official website here: www.artesiacu.org
What is the revenue of Artesia Credit Union?
Artesia Credit Union's revenue in 2022 was $5,385,099.
Official website here: www.artesiacu.org
Who are the executives of Artesia Credit Union and what are their salaries?
The average compensation at Artesia Credit Union during 2022 was $48,475. There are 21 employees and 15 volunteers at Artesia Credit Union.
Here are 8 key members and their salaries (Artesia Credit Union's CEO's salary is $239,168 and their total compensation is $239,168):
- 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: $239,168
- Related: $0
- Other: $0
- Compensation: $119,445
- Related: $0
- Other: $0
- Compensation: $142,254
- Related: $0
- Other: $0
Official website here: www.artesiacu.org
Where can I find the form 990 for Artesia Credit Union?
Artesia Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.artesiacu.org
Learn more at the official website: www.artesiacu.org
Mission Statement of Artesia Credit Union
Artesia Credit Union, as a mission-driven organization, aims to foster thrift among its members. By encouraging savings, the credit union serves as a reliable source of credit, offering loans at reasonable interest rates. Beyond providing financial services, Artesia Credit Union also seeks to empower its members economically. It offers opportunities for members to improve their financial situations, thereby contributing to their overall well-being.
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Impact
October, 2024
Artesia Credit Union plays a vital role in the economic well-being of its members and the broader community in Artesia, NM. By encouraging thrift and smart savings habits, it fosters a culture of financial responsibility among its members. The credit union provides accessible sources of credit at fair and reasonable interest rates, enabling individuals and families to secure the funds they need for various purposes, from purchasing homes to financing education and starting businesses.
Additionally, Artesia Credit Union works to improve the economic conditions of its members, offering financial education and tools that empower them to make informed decisions. This commitment not only enhances the financial stability of individuals but also contributes to the overall economic growth of the community. Through its initiatives, Artesia Credit Union ensures that its members can thrive financially, creating a positive ripple effect in the region.
This information is meant to be a general summary of Artesia 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: $354,726
- Program Service Revenue: $5,030,373
- Gross Receipts: $5,482,426
Assets and Liabilities:
- Total Assets: $139,752,827
- Total Liabilities: $120,228,345
- Net Assets: $19,524,482
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$3,603,649
FEES & CHARGES
Revenue
$1,011,061
Organization Details
Founding Year
1955
Phone
(575) 748-9779Principal Officer
Karen Rapp
Main Address
210 NORTH 5TH AVE, ARTESIA, NM, 88210
Website
www.artesiacu.orgNTEE Category
Code: W60 - Public benefit
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