Overview
What is American Southwest Credit Union?
American Southwest Credit Union is a nonprofit organization serving approximately 30,450 member-owners in rural areas of five southern Arizona counties. The majority of their service area is designated as low-income and financially underprivileged communities. The credit union has multiple locations and initiatives to extend comprehensive financial services to these remote, border communities. Their mission is to offer high-quality financial products and services to credit union members. With a workforce of 85 employees, American Southwest Credit Union aims to provide essential financial assistance to individuals in a rural setting.
Official website here: www.ascu.org
Is American Southwest Credit Union legitimate?
American Southwest Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. American Southwest 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $493,445
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,918,621
For more financial information, click here
What is the mission statement of American Southwest Credit Union?
American Southwest Credit Union is dedicated to delivering top-notch financial services to its member-owners. The mission of the credit union is to offer quality financial products and services that cater to the unique needs of its community. Serving over 30,000 members in a predominantly low-income and financially underserved region, the credit union aims to extend its full range of services to reach these rural communities. With several locations, American Southwest Credit Union is committed to helping its members manage their finances effectively and improve their economic well-being.
Official website here: www.ascu.org
Who is the CEO of American Southwest Credit Union?
Jay Williamson is the Board Chairman of American Southwest Credit Union. The CEO's salary of American Southwest Credit Union is $236,723 and their total compensation is $248,804.
Official website here: www.ascu.org
What is the revenue of American Southwest Credit Union?
American Southwest Credit Union's revenue in 2022 was $13,471,508.
Official website here: www.ascu.org
Who are the executives of American Southwest Credit Union and what are their salaries?
The average compensation at American Southwest Credit Union during 2022 was $40,142. There are 85 employees and 9 volunteers at American Southwest Credit Union.
Here are 13 key members and their salaries (American Southwest Credit Union's CEO's salary is $236,723 and their total compensation is $248,804):
- Jay Williamson (President/Ceo)
- Lauren Padgett (Executive Vice President/Cfo)
- Brad Richardson (Vice President It)
- Ronald Curtis (Executive Vice President/Mbl)
- Mary Hyder (Board Chairman) [Trustee/Director]
- Patrick Ledger (Board Vice Chairman) [Trustee/Director]
- Les Orchekowsky (Board Secretary) [Trustee/Director]
- Curtiss Peterson (Board Treasurer) [Trustee/Director]
- Ennis Daniel (Board Director (From 10/3/22))
- Jose Barreras (Board Director)
- Sandra Adams (Board Director (From 10/3/22))
- T Blake Burgess (Board Director (Thru 9/1/22))
- Mignonne Hollis (Board Director (Thru 9/15/22))
Official website here: www.ascu.org
Where can I find the form 990 for American Southwest Credit Union?
The American Southwest Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.ascu.org
Learn more at the official website: www.ascu.org
Mission Statement of American Southwest Credit Union
American Southwest Credit Union, or ASCU, is dedicated to delivering top-notch financial services to its member-owners. This nonprofit organization's mission revolves around providing quality financial products and services to its membership base. With nearly 30,450 individuals relying on their financial expertise, ASCU serves in a rural setting that encompasses five southern Arizona counties. The demographic they cater to is predominantly low-income and financially underserved.
To effectively serve these rural, border communities, ASCU has established several locations and initiatives. These efforts ensure full services are accessible to members in these highly rural areas. By extending financial assistance in these under-resourced regions, ASCU plays a crucial role in improving the economic landscape for its members.
ASCU's commitment to its mission is rooted in its dedication to providing essential financial resources and tools to those who may otherwise face challenges accessing them. By offering a range of financial products and services tailored to its member-owners, ASCU empowers individuals to take control of their financial futures and improve their overall financial well-being.
Impact
This information is meant to be a general summary of American Southwest Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
American Southwest Credit Union's impact is significant in providing high-quality financial services to its nearly 30,450 member-owners in rural settings spread across five southern Arizona counties. Serving mostly low-income designated and financially underserved areas, American Southwest Credit Union has multiple locations and aims to offer comprehensive services in these highly rural, border communities. Through its mission to provide quality financial products and services to credit union members, American Southwest Credit Union plays a vital role in meeting the financial needs of individuals in these underserved areas of Arizona.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$8,085,577
OTHER OPERATING INCOME
Revenue
$2,443,633
FEES AND CHARGES
Revenue
$745,421
INSURANCE COMMISSIONS
Revenue
$214,705
Organization Details
Founding Year
2007
Phone
(520) 459-1860
Principal Officer
Jay Williamson
Main Address
PO BOX 370, SIERRA VISTA, AZ, 85636
Website
www.ascu.org
NTEE Category
Code: W60 - Public benefit
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