Overview
What is Credit Unions In The State Of New Mexico?
Credit Unions in the State of New Mexico is a New Mexico state-chartered credit union, headquartered at 813 St. Michaels Drive, Santa Fe, NM 87505. The organization provides financial services to over 53,000 members as outlined in the New Mexico Credit Union Act. With a team of 237 employees, the credit union is dedicated to delivering financial services to its members in accordance with New Mexico state regulations.
Official website here: www.secunm.org
Is Credit Unions In The State Of New Mexico legitimate?
Credit Unions In The State Of New Mexico is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions In The State Of New Mexico 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: $2,455,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,901,962
For more financial information, click here
Official website here: www.secunm.org
What is the mission statement of Credit Unions In The State Of New Mexico?
The New Mexico state-chartered credit union serves its 53,073 members by offering financial services as outlined in the New Mexico Credit Union Act. The organization's primary mission is to provide financial assistance to its members, adhering to the guidelines set forth in the act. By doing so, the credit union aims to contribute to the financial well-being of the individuals it serves. Through this commitment, the credit union fosters financial stability and empowers its members to manage their finances effectively. The credit union's activities are geared towards delivering a range of financial services that cater to the needs of its members.
Official website here: www.secunm.org
Who is the CEO of Credit Unions In The State Of New Mexico?
Andy Ramos is the President/Ceo of Credit Unions In The State Of New Mexico. The CEO's salary of Credit Unions In The State Of New Mexico is $544,438 and their total compensation is $561,812.
Official website here: www.secunm.org
What is the revenue of Credit Unions In The State Of New Mexico?
Credit Unions In The State Of New Mexico's revenue in 2022 was $48,283,901.
Official website here: www.secunm.org
Who are the executives of Credit Unions In The State Of New Mexico and what are their salaries?
The average compensation at Credit Unions In The State Of New Mexico during 2022 was $47,923. There are 237 employees and 11 volunteers at Credit Unions In The State Of New Mexico.
Here are 25 key members and their salaries (Credit Unions In The State Of New Mexico's CEO's salary is $544,438 and their total compensation is $561,812):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $544,438
- Related: $0
- Other: $17,374
- Compensation: $37,573
- Related: $0
- Other: $1,353
- Compensation: $45,979
- Related: $0
- Other: $0
- Compensation: $187,558
- Related: $0
- Other: $33,562
- Compensation: $262,173
- Related: $0
- Other: $10,676
- Compensation: $132,904
- Related: $0
- Other: $38,655
- Compensation: $128,386
- Related: $0
- Other: $39,446
- Compensation: $241,826
- Related: $0
- Other: $30,479
- Compensation: $191,936
- Related: $0
- Other: $26,252
- Compensation: $253,776
- Related: $0
- Other: $24,241
- Compensation: $125,175
- Related: $0
- Other: $2,831
- Compensation: $77,364
- Related: $0
- Other: $9,576
- Compensation: $446,268
- Related: $0
- Other: $28,571
- Compensation: $143,545
- Related: $0
- Other: $36,043
- Compensation: $123,146
- Related: $0
- Other: $27,124
- Compensation: $121,848
- Related: $0
- Other: $26,203
- Compensation: $112,613
- Related: $0
- Other: $23,819
Official website here: www.secunm.org
Where can I find the form 990 for Credit Unions In The State Of New Mexico?
Credit Unions In The State Of New Mexico's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.secunm.org
Learn more at the official website: www.secunm.org
Mission Statement of Credit Unions In The State Of New Mexico
Credit Unions in the State of New Mexico, a state-chartered organization, is dedicated to providing financial services to its 53,073 members as outlined in the New Mexico Credit Union Act. In essence, this credit union functions as a cooperative financial institution, offering essential financial services to its community of members. By doing so, it adheres to the principles and guidelines set forth by the New Mexico Credit Union Act. This nonprofit institution serves as a crucial financial resource for its members, empowering them to manage their money and secure their financial future.
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Impact
October, 2024
Credit Unions in the State of New Mexico significantly contribute to the financial well-being of their members and the broader community. They provide essential financial services to over 53,000 members, enabling individuals and families to access affordable loans, savings options, and various banking services tailored to their needs. By operating under the New Mexico Credit Union Act, these institutions foster a sense of community ownership and collaboration, encouraging members to participate in decision-making processes that affect their financial futures.
The presence of credit unions promotes financial literacy and responsible borrowing, ultimately empowering local residents to improve their economic circumstances. Additionally, credit unions often reinvest in their communities through local outreach programs and initiatives that enhance the overall quality of life. Their commitment to serving their members ensures that financial services are accessible and equitable, supporting the growth and stability of New Mexico's economy.
This information is meant to be a general summary of Credit Unions In The State Of New Mexico. 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: $3,471,761
- Program Service Revenue: $42,926,283
- Gross Receipts: $48,294,625
Assets and Liabilities:
- Total Assets: $1,068,857,027
- Total Liabilities: $981,525,122
- Net Assets: $87,331,905
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS RECEIVABLE
Revenue
$30,316,301
FEES AND SERVICE CHARGES
Revenue
$6,569,377
NON INTEREST INCOME
Revenue
$6,040,605
Organization Details
Founding Year
1958
Phone
(505) 983-7328Principal Officer
Andy Ramos
Main Address
813 ST MICHAELS DRIVE, SANTA FE, NM, 87505
Website
www.secunm.orgNTEE Category
Code: W03 - Public benefit
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