Credit Unions Chartered In The State Of Utah

Meadow Gold Employees Credit Union

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

EIN: 870253571 ✦ Salt lake city, UT ✦ Designated as a 501(c)(14)

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Overview

What is Credit Unions Chartered In The State Of Utah?

Credit Unions Chartered In The State Of Utah, specifically Meadow Gold Employees Credit Union, is a nonprofit organization located at 3691 W 1987 S, Salt Lake City, Utah 84104. Their primary focus is to provide financial services, encouraging financial stability among their individual members. They achieve this by offering a variety of financial products and services tailored to meet the unique needs of each member. The organization's mission is to benefit each member's individual financial needs, thereby promoting financial stability within their community.


Official website here: www.mgecu.org

What do the Facebook reviews say about Credit Unions Chartered In The State Of Utah?

100% of 24 reviewers on Facebook recommend this credit union. Here is a summary of their reviews:

The feedback highlights a strong satisfaction among members, particularly regarding the services offered for securing loans, such as car loans. Many comments emphasize the positive experiences individuals have had, indicating that the credit union effectively meets the needs of its members.

Overall, the sentiment is overwhelmingly positive, reflecting that this credit union is a reliable choice for those looking for financial services in Utah. Many reviewers encourage others to consider this organization for their lending needs, suggesting that it delivers on its promises.


This AI summary has been generated from reviews found on Facebook.

Is Credit Unions Chartered In The State Of Utah legitimate?

Credit Unions Chartered In The State Of Utah is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Utah 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: $79,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,064

For more financial information, click here


Official website here: www.mgecu.org

What is the mission statement of Credit Unions Chartered In The State Of Utah?

Credit Unions Chartered in the State of Utah's mission is centered around providing financial services that cater to the unique needs of each individual member. This is achieved by promoting financial stability through a diverse range of financial products and services. The primary goal is to meet the varying financial requirements of each member, ensuring their needs are adequately addressed. The organization has demonstrated this commitment by offering savings options tailored to individual requirements.


Official website here: www.mgecu.org

Who is the CEO of Credit Unions Chartered In The State Of Utah?

Lynn Nelson is the Ceo/Board Member of Credit Unions Chartered In The State Of Utah. The CEO's salary of Credit Unions Chartered In The State Of Utah is $79,125 and their total compensation is $79,125.


Official website here: www.mgecu.org

What is the revenue of Credit Unions Chartered In The State Of Utah?

Credit Unions Chartered In The State Of Utah's revenue in 2020 was $263,470.


Official website here: www.mgecu.org

Who are the executives of Credit Unions Chartered In The State Of Utah and what are their salaries?

There 8 volunteers at Credit Unions Chartered In The State Of Utah.


Here are 7 key members and their salaries (Credit Unions Chartered In The State Of Utah's CEO's salary is $79,125 and their total compensation is $79,125):


Lynn Nelson (Ceo/Board Member)
  • Compensation: $79,125
  • Related: $0
  • Other: $0
Sarah Brusik (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Jacobson (Board Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mindy Hardisty (Board Member/Supervisory Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Langford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Kane (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Marshall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mgecu.org

Where can I find the form 990 for Credit Unions Chartered In The State Of Utah?

Credit Unions Chartered In The State Of Utah's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.mgecu.org

Learn more at the official website: www.mgecu.org

Mission Statement of Credit Unions Chartered In The State Of Utah

Credit Unions Chartered In Utah, as a mission-driven organization, is committed to providing financial services that cater to the unique needs of each individual member. Their primary objective is to foster financial stability among their members by offering a diverse range of financial products and services. By doing so, they aim to meet the varying requirements of each member, ensuring they have the necessary resources to meet their financial goals. They believe in the power of savings and strive to provide savings opportunities that benefit each member's specific needs.

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Impact




October, 2024

Credit Unions Chartered In The State Of Utah significantly enhances the financial well-being of its community by offering a range of services tailored to the unique needs of its members. Based in Salt Lake City, this institution focuses on encouraging financial stability through accessible financial products, such as savings accounts, loans, and other services designed to support individual members' goals.

By prioritizing the needs of members, the credit union fosters a sense of community and collective growth, helping individuals to build savings and secure financial futures. The organization plays a vital role in promoting responsible financial behavior, which not only benefits individual members but also strengthens the overall economic health of the region. Through its commitment to providing financial services that are responsive to member needs, Credit Unions Chartered In The State Of Utah continues to make a positive impact in the lives of those it serves.




This information is meant to be a general summary of Credit Unions Chartered In The State Of Utah. 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
$263,470 (2020)
Expenses
$321,629 (2020)
Efficiency

Other financial information:

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

  • Investment Income: $43,781
  • Program Service Revenue: $151,747
  • Gross Receipts: $263,470

Assets and Liabilities:

  • Total Assets: $5,025,226
  • Total Liabilities: $3,952,624
  • Net Assets: $1,072,602

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Programs

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

LOAN INTEREST INCOME

Revenue

$151,747

Organization Details

Founding Year

1936

Principal Officer

Lynn Nelson

Main Address

3691 W 1987 S, SALT LAKE CITY, UT, 84104

NTEE Category

Code: W60 - Public benefit

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