Overview
What is Nebo Credit Union?
Nebo Credit Union is a nonprofit financial institution that prioritizes affordability for its members. By offering savings and loan products and services, it ensures financially sound options for individuals. The organization is deeply committed to making a positive impact in its community and supporting educators in their mission to educate children. Led by Dale Phelps, Nebo Credit Union strives to be more than just a financial provider; it aspires to contribute positively to its members' lives and the broader community.
Official website here: www.nebocreditunion.org
What do the Facebook reviews say about Nebo Credit Union?
96% of the 73 reviewers on Facebook recommend Nebo Credit Union. Here is a summary of their reviews:
Many patrons express a strong appreciation for the organization's exceptional customer service, highlighting their positive experiences with staff and support. Users frequently mention feeling valued and respected, emphasizing the credit union’s commitment to its members.
Overall, feedback reflects a high level of satisfaction with the services provided. Members seem to feel confident in their choice of banking with Nebo Credit Union, indicating it lives up to its promises and meets the needs of its customers.
This AI summary has been generated from reviews found on Facebook.
Is Nebo Credit Union legitimate?
Nebo Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Nebo 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,124,366
For more financial information, click here
Official website here: www.nebocreditunion.org
What is the mission statement of Nebo Credit Union?
Nebo Credit Union's mission is centered around providing affordable financial services to its members, encompassing savings and loan products and services. Beyond this, the credit union is committed to making a positive impact in the community and aiding educators in their mission to teach children. Although not explicitly stated, it can be inferred that the credit union seeks to contribute to the betterment of its members' financial well-being and the community at large, with a particular focus on education.
Official website here: www.nebocreditunion.org
What is the revenue of Nebo Credit Union?
Nebo Credit Union's revenue in 2024 was $8,559,755.
Official website here: www.nebocreditunion.org
Who are the executives of Nebo Credit Union and what are their salaries?
The average compensation at Nebo Credit Union during 2024 was $42,487. There are 50 employees and 6 volunteers at Nebo Credit Union.
Here are 11 key members and their salaries:
- 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
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nebocreditunion.org
Where can I find the form 990 for Nebo Credit Union?
Nebo Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.nebocreditunion.org
Learn more at the official website: www.nebocreditunion.org
Mission Statement of Nebo Credit Union
Nebo Credit Union, a financial institution committed to its members, aims to provide affordable savings and loan services. Beyond its financial mission, Nebo Credit Union also seeks to make a positive impact in its community and contribute to the education of children. Led by Dale Phelps, the credit union's mission is to go beyond offering financial services and make a difference in people's lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Nebo Credit Union significantly impacts the community by providing low-cost financial services that empower its members through accessible savings and loan products. This approach not only supports individual financial stability but also fosters a sense of community. By prioritizing affordability, Nebo Credit Union makes it easier for members to achieve their financial goals, whether it’s saving for a home, funding education, or managing daily expenses.
Additionally, Nebo Credit Union is dedicated to making a positive difference in the lives of community members by supporting educators in their efforts to teach and nurture children. This commitment helps strengthen educational initiatives, ensuring that future generations have the support they need to succeed. Through these efforts, Nebo Credit Union plays a vital role in enhancing the overall well-being of the Springville community and beyond.
This information is meant to be a general summary of Nebo 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 2024.
- Investment Income: $416,610
- Program Service Revenue: $8,143,145
- Gross Receipts: $8,559,755
Assets and Liabilities:
- Total Assets: $136,676,352
- Total Liabilities: $114,578,254
- Net Assets: $22,098,098
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$6,404,840
FEE INCOME
Revenue
$1,054,364
CARD INTERCHANGE
Revenue
$683,941
Organization Details
Founding Year
1956
Principal Officer
Dale Phelps
Website
www.nebocreditunion.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Nebo Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.