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Southwest Healthcare Credit Union

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

EIN: 860214970 ✦ Phoenix, AZ ✦ Designated as a 501(c)(14)

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Overview

What is Southwest Healthcare Credit Union?

Southwest Healthcare Credit Union, based in Phoenix, Arizona, serves its members as a community-focused financial institution. Their mission is to enhance the economic condition of their membership by providing high-quality financial products at affordable costs. They prioritize individual attention, ensuring each member receives personalized service within a financial environment. As a responsible credit union, Southwest Healthcare Credit Union strives to promote saving habits and create a source of credit at reasonable rates. The goal is to help members achieve and maintain financial success, stability, and prosperity, contributing positively to the community's overall wellbeing.


Official website here: www.swhealthcarecu.com

Is Southwest Healthcare Credit Union legitimate?

Southwest Healthcare Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Southwest Healthcare 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: $37,774
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,031

For more financial information, click here


Official website here: www.swhealthcarecu.com

What is the mission statement of Southwest Healthcare Credit Union?

Southwest Healthcare Credit Union, with a focus on providing individual attention, aims to enhance the economic condition of its members by offering high-quality financial products that cater to their present and future needs at affordable costs. This does not compromise the quality of service the members expect. The credit union's mission is to serve as a reliable source of credit at reasonable interest rates, encourage savings habits among its members, and offer them the opportunity to utilize and manage their savings for their mutual benefit.


Official website here: www.swhealthcarecu.com

Who is the CEO of Southwest Healthcare Credit Union?

Colleen Miller-Curtis is the Chairman of Southwest Healthcare Credit Union. The CEO's salary of Southwest Healthcare Credit Union is $30,261 and their total compensation is $37,774.


Official website here: www.swhealthcarecu.com

What is the revenue of Southwest Healthcare Credit Union?

Southwest Healthcare Credit Union's revenue in 2020 was $270,678.


Official website here: www.swhealthcarecu.com

Who are the executives of Southwest Healthcare Credit Union and what are their salaries?

There 7 volunteers at Southwest Healthcare Credit Union.


Here are 8 key members and their salaries (Southwest Healthcare Credit Union's CEO's salary is $30,261 and their total compensation is $37,774):


Thomas Phalen (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry White (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tillie Jones (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Dregne (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Dodson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Goergen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Marcus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Miller-Curtis (President/Ceo)
  • Compensation: $30,261
  • Related: $0
  • Other: $7,513


Official website here: www.swhealthcarecu.com

Where can I find the form 990 for Southwest Healthcare Credit Union?

Southwest Healthcare Credit Union's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.swhealthcarecu.com

Learn more at the official website: www.swhealthcarecu.com

Mission Statement of Southwest Healthcare Credit Union

Southwest Healthcare Credit Union, abbreviated as SWHCU, is committed to improving the economic condition of its members by offering high-quality financial products. These products cater to both present and future needs of the members, ensuring they are accessible at reasonable costs without compromising on service quality. The primary objective of SWHCU is to serve as a reliable source of credit, fostering a culture of thrift among its members, and providing them with an opportunity to manage and utilize their savings effectively for their collective benefit. The mission of this credit union is rooted in creating a financial environment where individual attention is given to each service, thereby maintaining a balance between size and care.

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Impact




October, 2024

Southwest Healthcare Credit Union plays a vital role in enhancing the financial well-being of its members and the broader Phoenix community. By prioritizing member needs, SWHCU creates an environment where individuals receive personalized attention in all aspects of their financial services. This commitment to putting members first fosters a sense of belonging and trust, allowing members to feel valued rather than just a number.

The credit union's focus on providing quality financial products at the lowest possible cost supports both individual and community economic growth. Through accessible credit options and educational resources, SWHCU empowers its members to become informed consumers of financial services, thus promoting financial literacy. This foundation helps members achieve and sustain financial success and stability.

Beyond personal financial improvement, SWHCU actively contributes to the economic condition of the region, planning for the future to ensure that individuals and businesses can thrive. By encouraging saving habits and offering affordable credit solutions, the credit union helps create a more robust local economy, ultimately benefiting the entire community.




This information is meant to be a general summary of Southwest Healthcare 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
$270,678 (2020)
20122013201420152017201820192020$0$250k$500k$750k$1M
Expenses
$1,454,591 (2020)
20122013201420152017201820192020$0$400k$800k$1.2M$1.6M
Efficiency
201220132014201520172018201920200%9%18%27%42%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $52,654
  • Program Service Revenue: $218,024
  • Gross Receipts: $270,678

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INCOME AND FEES

Revenue

$218,024

Organization Details

Founding Year

1974

Principal Officer

Colleen Miller-Curtis

Main Address

1640 W THOMAS RD, PHOENIX, AZ, 85015

NTEE Category

Code: W60 - Public benefit

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