Overview
What is Millard County Credit Union?
Millard County Credit Union is a state-chartered credit union, headquartered at 45 S Main Street, Fillmore, Utah 84631. With a dedicated workforce of 22 employees, this nonprofit organization focuses on providing credit union services to its members. The credit union serves as a financial resource, offering various financial solutions to its members, ensuring they have access to credit and other financial services. Although primarily a financial institution, Millard County Credit Union contributes to the local community by offering credit union services.
Is Millard County Credit Union legitimate?
Millard County Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Millard County 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: $112,420
Professional Fundraising Fees: $0
Other Salaries and Wages: $563,875
For more financial information, click here
What is the mission statement of Millard County Credit Union?
Millard County Credit Union's mission is centered around serving its members through a state-chartered credit union. The primary focus of this organization is to provide various credit union services to its members. This mission is carried out diligently, ensuring that the credit union operates under the guidance of a state-granted charter. The credit union's operations are geared towards meeting the financial needs of its members, providing them with the necessary financial services and support.
Who is the CEO of Millard County Credit Union?
Scott Lemmon is the President of Millard County Credit Union.
What is the revenue of Millard County Credit Union?
Millard County Credit Union's revenue in 2022 was $1,769,688.
Who are the executives of Millard County Credit Union and what are their salaries?
The average compensation at Millard County Credit Union during 2022 was $30,741. There are 22 employees and 8 volunteers at Millard County Credit Union.
Here are 6 key members and their salaries:
- Compensation: $112,420
- 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: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Millard County Credit Union?
Millard County Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Millard County Credit Union
Millard County Credit Union, as a state-chartered credit union, is committed to providing credit union services to its members. This mission is centered around offering financial assistance and resources to its members, ensuring they have access to various credit union services. By operating under the framework of a credit union, Millard County Credit Union aims to foster a sense of community and mutual support among its members, working together towards financial well-being.
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Impact
October, 2024
Millard County Credit Union plays a vital role in its community by offering essential credit union services to its members in Fillmore, Utah. By providing access to financial products such as loans, savings accounts, and other banking services, the credit union fosters financial stability and empowers individuals and families to achieve their financial goals.
The organization operates under a state charter, ensuring compliance with regulatory standards while focusing on the needs of its members. This commitment to member service enhances the overall economic well-being of the community, as locals gain access to affordable financial resources. Moreover, Millard County Credit Union contributes to public benefit by promoting financial literacy, encouraging savings, and supporting local initiatives, thus strengthening the fabric of the community it serves.
This information is meant to be a general summary of Millard County 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: $292,233
- Program Service Revenue: $1,477,455
- Gross Receipts: $1,769,688
Assets and Liabilities:
- Total Assets: $58,129,266
- Total Liabilities: $52,916,164
- Net Assets: $5,213,102
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES AND CHARGES
Revenue
$335,767
INTEREST ON LOANS
Revenue
$1,141,688
Organization Details
Founding Year
1956
Phone
(435) 864-4411Principal Officer
Scott Lemmon
Main Address
45 S Main Street, FILLMORE, UT, 84631
NTEE Category
Code: W60 - Public benefit
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