Overview
What is Central State Credit Union Fka Credit Unions In The State Of Ca?
Central State Credit Union Fka Credit Unions In The State Of Ca, headquartered in Stockton, California, is a community-focused credit union dedicated to serving over 18,000 members. Established with a mission to promote thrift and savings among its members, the credit union offers low-interest loans and creates a source of credit for its members. Central State Credit Union operates as a cooperative, ensuring members have a say in how their money is managed and utilized for their mutual benefit. The credit union's primary goal is to improve its members' economic and social conditions by providing opportunities to control and use their own funds effectively. The organization employs a team of 69 individuals to achieve these objectives.
Official website here: www.centralstatecu.org
Is Central State Credit Union Fka Credit Unions In The State Of Ca legitimate?
Central State Credit Union Fka Credit Unions In The State Of Ca is a legitimate nonprofit organization registered as a 501(c)(14) entity. Central State Credit Union Fka Credit Unions In The State Of Ca 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: $286,173
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,464,090
For more financial information, click here
Official website here: www.centralstatecu.org
What is the mission statement of Central State Credit Union Fka Credit Unions In The State Of Ca?
Central State Credit Union, formerly known as Credit Unions in the State of Ca, operates as a cooperative, primarily aimed at promoting thrift and savings among its members. Its mission involves providing a source of credit to its members at interest rates determined by the board of directors. The credit union operates on a democratic basis, allowing its members to control their own money for the betterment of their economic and social conditions. Central State Credit Union conducts its business with the mutual benefit and general welfare of its members in mind, distributing earnings, savings, benefits, or services back to its members as patentrons.
Official website here: www.centralstatecu.org
Who is the CEO of Central State Credit Union Fka Credit Unions In The State Of Ca?
Scott M Waite is the CEO of Central State Credit Union Fka Credit Unions In The State Of Ca The CEO's salary of Central State Credit Union Fka Credit Unions In The State Of Ca is $85,073 and their total compensation is $85,073.
Official website here: www.centralstatecu.org
What is the revenue of Central State Credit Union Fka Credit Unions In The State Of Ca?
Central State Credit Union Fka Credit Unions In The State Of Ca's revenue in 2023 was $9,142,859.
Official website here: www.centralstatecu.org
Who are the executives of Central State Credit Union Fka Credit Unions In The State Of Ca and what are their salaries?
The average compensation at Central State Credit Union Fka Credit Unions In The State Of Ca during 2023 was $35,260. There are 78 employees and 14 volunteers at Central State Credit Union Fka Credit Unions In The State Of Ca.
Here are 13 key members and their salaries (Central State Credit Union Fka Credit Unions In The State Of Ca's CEO's salary is $85,073 and their total compensation is $85,073):
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- Compensation: $85,073
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- Other: $0
- Compensation: $85,185
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- Compensation: $60,717
- Related: $0
- Other: $2,697
- Compensation: $47,570
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- Other: $4,931
- Compensation: $109,625
- Related: $0
- Other: $7,655
- Compensation: $112,483
- Related: $0
- Other: $12,861
Official website here: www.centralstatecu.org
Where can I find the form 990 for Central State Credit Union Fka Credit Unions In The State Of Ca?
Central State Credit Union Fka Credit Unions In The State Of Ca's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.centralstatecu.org
Learn more at the official website: www.centralstatecu.org
Mission Statement of Central State Credit Union Fka Credit Unions In The State Of Ca
Central State Credit Union, formerly known as Credit Unions in the State of Ca, is a cooperative organization with a mission to promote thrift and savings among its members. Established on a democratic basis, this credit union aims to provide its members with a source of credit at interest rates determined by its board of directors. The primary objective of Central State Credit Union is to improve the economic and social conditions of its members. The earnings, savings, benefits, or services derived from the credit union's operations are distributed back to its members as patronage. This cooperative structure allows members to have control over their own funds, ensuring they can utilize them effectively and contribute to their overall well-being.
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Impact
October, 2024
Central State Credit Union, formerly known as Credit Unions In The State Of California, plays a significant role in the Stockton community by promoting thrift and savings among its members. Serving over 18,000 individuals, the credit union provides a reliable source of low-rate loans, empowering members to improve their financial conditions.
By operating as a cooperative, Central State Credit Union prioritizes the economic and social well-being of its members. It fosters a democratic approach to managing finances, allowing members to control their money and benefit from the collective earnings and services offered. This structure not only promotes responsible financial habits but also strengthens community ties through shared financial goals and support.
In essence, Central State Credit Union enhances the financial stability and quality of life for its members, contributing positively to the broader community in Stockton, CA.
This information is meant to be a general summary of Central State Credit Union Fka Credit Unions In The State Of Ca. 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 2023.
- Investment Income: $2,413,681
- Program Service Revenue: $6,693,178
- Gross Receipts: $9,142,859
Assets and Liabilities:
- Total Assets: $239,083,706
- Total Liabilities: $234,233,829
- Net Assets: $4,849,877
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$4,302,160
FEE INCOME
Revenue
$2,391,018
Organization Details
Founding Year
1936
Principal Officer
Anna Lo
Website
www.centralstatecu.orgNTEE Category
Code: W60 - Public benefit
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