Overview
What is Matadors Community Credit Union?
Matadors Community Credit Union is a member-owned financial cooperative located at 20045 Prairie Street, Chatsworth, CA, 91311. With a team of 42 employees, the credit union offers savings and loan accounts to 20,253 members. Their mission is to provide affordable financial services, featuring high-interest deposits and reduced-rate loans, to the community they serve. By doing so, they aim to contribute positively to the economic well-being of their members.
Official website here: www.matadors.org
Is Matadors Community Credit Union legitimate?
Matadors Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Matadors Community 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: $1,582,936
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,703,087
For more financial information, click here
Official website here: www.matadors.org
What is the mission statement of Matadors Community Credit Union?
Matadors Community Credit Union is committed to serving its member-owned cooperative by offering affordable financial services. The primary focus of the credit union is to provide members with low-cost savings and loan accounts. This member-driven institution takes pride in offering high yielding deposits and low-rate loans to its growing community of 20,253 members. By maintaining a member-owned cooperative model, the credit union aims to create a sustainable financial ecosystem that benefits its members directly. Through its financial services, the credit union contributes to the financial well-being of individuals and families in the community.
Official website here: www.matadors.org
Who is the CEO of Matadors Community Credit Union?
Melissa Broadwell is the President & Ceo of Matadors Community Credit Union. The CEO's salary of Matadors Community Credit Union is $377,566 and their total compensation is $384,454.
Official website here: www.matadors.org
What is the revenue of Matadors Community Credit Union?
Matadors Community Credit Union's revenue in 2022 was $13,819,035.
Official website here: www.matadors.org
Who are the executives of Matadors Community Credit Union and what are their salaries?
The average compensation at Matadors Community Credit Union during 2022 was $125,858. There are 42 employees and 12 volunteers at Matadors Community Credit Union.
Here are 23 key members and their salaries (Matadors Community Credit Union's CEO's salary is $377,566 and their total compensation is $384,454):
- Compensation: $377,566
- Related: $0
- Other: $6,888
- Compensation: $320,164
- Related: $0
- Other: $5,673
- Compensation: $244,751
- Related: $0
- Other: $4,480
- Compensation: $226,628
- Related: $0
- Other: $3,721
- Compensation: $217,649
- Related: $0
- Other: $3,972
- Compensation: $169,899
- Related: $0
- Other: $1,545
- Compensation: $159,270
- Related: $0
- Other: $960
- Compensation: $147,435
- Related: $0
- Other: $1,063
- Compensation: $124,991
- Related: $0
- Other: $1,200
- Compensation: $121,869
- Related: $0
- Other: $2,437
- Compensation: $118,071
- Related: $0
- Other: $1,250
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.matadors.org
Where can I find the form 990 for Matadors Community Credit Union?
Matadors Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.matadors.org
Learn more at the official website: www.matadors.org
Mission Statement of Matadors Community Credit Union
Matadors Community Credit Union, a member-owned cooperative, is dedicated to offering affordable financial services, high-yielding deposits, and low-rate loans to its members. In essence, the credit union functions as a not-for-profit financial institution, catering to the financial needs of its 20,253 members.
The mission of Matadors Community Credit Union is twofold. Primarily, it aims to provide accessible financial services that are beneficial to its members. By offering low-cost financial products, the credit union enables its members to save and borrow money more effectively. The high yielding deposits allow members to earn a better return on their savings, while the low-rate loans help them manage their debt more efficiently.
Secondly, the credit union operates as a cooperative, meaning that it is owned and controlled by its members. This structure ensures that the credit union aligns its interests with those of its members and prioritizes their financial wellbeing. The member-owned nature of the credit union also fosters a sense of community and camaraderie among its members, creating a strong bond that goes beyond mere financial transactions.
In summary, Matadors Community Credit Union is a member-owned cooperative that offers affordable financial services, high-yielding deposits, and low-rate loans to its 20,253 members. By prioritizing the financial needs of its members and functioning as a cooperative, the credit union fosters a sense of community and aims to help its members manage their finances more effectively.
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Impact
October, 2024
Matadors Community Credit Union has a significant impact on its community by offering low-cost financial services, high-yielding deposit options, and low-rate loans to its member-owned cooperative. With 20,253 members, the credit union plays a crucial role in promoting financial well-being and access to affordable banking solutions in Chatsworth, CA. By focusing on providing these essential services, it empowers its members to achieve their financial goals while fostering a sense of community ownership and support. The emphasis on public benefit ensures that the credit union remains dedicated to improving the financial lives of its members and enhancing the overall economic vitality of the region.
This information is meant to be a general summary of Matadors Community 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: $811,790
- Program Service Revenue: $11,288,949
- Gross Receipts: $13,819,035
Assets and Liabilities:
- Total Assets: $341,073,352
- Total Liabilities: $304,303,347
- Net Assets: $36,770,005
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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
$11,288,949
Organization Details
Founding Year
1963
Phone
(818) 993-6328Principal Officer
Melissa Broadwell
Main Address
20045 Prairie Street, Chatsworth, CA, 91311
Website
www.matadors.orgNTEE Category
Code: W60 - Public benefit
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