Alliance Credit Union

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

EIN: 430658202 ✦ Fenton, MO ✦ Designated as a 501(c)(14)

Overview

What is Alliance Credit Union?

Alliance Credit Union is a financial institution with its headquarters at 1280 S Highway Drive in Fenton, Missouri (63026). With a team of 95 employees, they offer competitive financial services and products to enrich the lives of their members. In the fiscal year 2021, they witnessed a significant growth in their loan portfolio, reaching a total of 290.58 million dollars – an increase of 10.29 million dollars compared to the previous year. The mission of Alliance Credit Union remains focused on delivering value to its members.


Official website here: www.alliancecu.com

Is Alliance Credit Union legitimate?

Alliance Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Alliance 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,019,801

For more financial information, click here


Official website here: www.alliancecu.com

What is the mission statement of Alliance Credit Union?

The Alliance Credit Union is committed to offering competitive financial services and products that bring value and enhance the lives of its members. This mission is reflected in the significant increase in gross loans for the year ending 2021, reaching a total of 290.58 million. By delivering these financial solutions, the credit union enriches the lives of its members, ensuring they have access to the financial resources they need.


Official website here: www.alliancecu.com

Who is the CEO of Alliance Credit Union?

Timothy F Stephens is the President & of Alliance Credit Union.


Official website here: www.alliancecu.com

What is the revenue of Alliance Credit Union?

Alliance Credit Union's revenue in 2021 was $16,401,673.


Official website here: www.alliancecu.com

Who are the executives of Alliance Credit Union and what are their salaries?

The average compensation at Alliance Credit Union during 2021 was $52,840. There are 95 employees at Alliance Credit Union.

Here are 13 key members and their salaries:

    Timothy F Stephens (President &)
  • Compensation: $415,590
  • Related: $0
  • Other: $63,345

    • Ken Bellamy (Cfo)
  • Compensation: $175,427
  • Related: $0
  • Other: $41,626

    • Sean Chambers (Chief Operat)
  • Compensation: $167,538
  • Related: $0
  • Other: $40,354

    • Frank Evans (Vp Of Hr)
  • Compensation: $146,203
  • Related: $0
  • Other: $37,444

    • Albert Ogent (Avp Of Accou)
  • Compensation: $124,073
  • Related: $0
  • Other: $26,012

    • Mr Robert W Haul (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben J Hegvik (Board Chairm) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Marshall Watkins Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Larry Markos (Secretary/Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Jennifer Wiscons Miller (Vice-Chairpe) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr William F Molstad (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Gary Rottler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Robert L Taylor (Assoc. Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.alliancecu.com

    Where can I find the form 990 for Alliance Credit Union?

    The Alliance Credit Union’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.alliancecu.com

    Learn more at the official website: www.alliancecu.com

    Mission Statement of Alliance Credit Union

    Alliance Credit Union, with its mission, strives to offer competitive financial services and products that add value and enrich the lives of its members. The organization is dedicated to delivering more than just banking services; it aspires to make a positive impact on its members' lives.

    Throughout the year ending 2021, Alliance Credit Union experienced significant growth. Their loan portfolio expanded by 10.29 million, reaching a grand total of 290.58 million. This growth testifies to the effectiveness of their financial offerings and the value they bring to their members. By providing a wide range of competitive services and products, Alliance Credit Union continues to enrich the lives of those it serves.

    Impact

    This information is meant to be a general summary of Alliance Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Alliance Credit Union's impact lies in its commitment to providing competitive financial services and products that enrich the lives of its members. With a significant increase in gross loans by $10.29 million in 2021, totaling $290.58 million by year-end, Alliance Credit Union is actively empowering individuals and businesses in Fenton, Missouri, to achieve their financial goals and aspirations. This growth demonstrates the tangible value that Alliance Credit Union brings to its members, propelling economic prosperity and financial well-being within the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $259,219
  • Program Service Revenue: $16,048,471
  • Gross Receipts: $16,498,811

    • Assets and Liabilities:
  • Total Assets: $375,125,744
  • Total Liabilities: $340,036,591
  • Net Assets: $35,089,153
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $11,340,091

    FEE INCOME

    Revenue

    $3,602,656

    OTHER OPER & NON OPER INCOME

    Revenue

    $971,036

    ATM INC FOREIGN NON MEMBER

    Revenue

    $101,938

    LINCOLN INVESTM LEASE

    Revenue

    $32,750

    Organization Details

    Founding Year

    1948

    Principal Officer

    Timothy F Stephens

    Main Address

    1280 S HIGHWAY DRIVE, FENTON, MO, 630261913

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Alliance 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.