Blucurrent Credit Union

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

EIN: 440444275 ✦ Springfield, MO ✦ Designated as a 501(c)(14)

Overview

What is Blucurrent Credit Union?

Blucurrent Credit Union is a vibrant, voluntary cooperative based in Springfield, Missouri, with over 23,000 members. The non-profit organization's primary mission is to encourage savings and financial responsibility among its members. It serves as a not-for-profit source of credit, offering fair and reasonable interest rates, and distributes earnings, savings, benefits, and services back to its members. Blucurrent Credit Union's goal is to improve both the economic and social conditions of its members by providing a range of financial and financially-related services. The credit union aims to create a mutual benefit for its members, ultimately enhancing their overall well-being. With a team of 107 employees, Blucurrent Credit Union is dedicated to its members and their financial journeys.


Official website here: www.blucurrent.org

Is Blucurrent Credit Union legitimate?

Blucurrent Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Blucurrent 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: $1,377,099
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,953,810

For more financial information, click here


Official website here: www.blucurrent.org

What is the mission statement of Blucurrent Credit Union?

Blucurrent Credit Union is a cooperative financial institution, serving over 23,000 members. Its mission is to promote savings among its members, providing them with affordable credit at reasonable interest rates. The credit union's ultimate goal is to enhance the overall well-being of its members, distributing earnings, savings, benefits, and services back to the community. The credit union is a non-profit organization dedicated to offering financial and financially-related services, aiming to help its members improve their economic and social conditions.


Official website here: www.blucurrent.org

Who is the CEO of Blucurrent Credit Union?

Gary Kirk is the Chairman of Blucurrent Credit Union. The CEO's salary of Blucurrent Credit Union is $244,906 and their total compensation is $372,832.


Official website here: www.blucurrent.org

What is the revenue of Blucurrent Credit Union?

Blucurrent Credit Union's revenue in 2022 was $18,207,156.


Official website here: www.blucurrent.org

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

The average compensation at Blucurrent Credit Union during 2022 was $49,822. There are 107 employees and 3 volunteers at Blucurrent Credit Union.

Here are 16 key members and their salaries (Blucurrent Credit Union's CEO's salary is $244,906 and their total compensation is $372,832):

    Craig Tabor (Ceo)
  • Compensation: $244,906
  • Related: $0
  • Other: $127,926

    • Gary Kirk (Sevp)
  • Compensation: $169,062
  • Related: $0
  • Other: $40,641

    • Derek Williams (Evp)
  • Compensation: $146,728
  • Related: $0
  • Other: $38,805

    • Brian Roy (Clo)
  • Compensation: $131,617
  • Related: $0
  • Other: $48,733

    • Brent Davis (Svp Of Consumer Lending)
  • Compensation: $108,677
  • Related: $0
  • Other: $49,091

    • Lacey Stomboly (Cco)
  • Compensation: $105,101
  • Related: $0
  • Other: $32,135

    • Jesse Jantz (Svp Of Information Services)
  • Compensation: $104,398
  • Related: $0
  • Other: $29,279

    • Scott Rose (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Mcfarland (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Howard House (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jana Shetler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph Tate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Vandaveer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Havens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Ann Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Prifti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.blucurrent.org

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

    The Blucurrent Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.blucurrent.org

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

    Mission Statement of Blucurrent Credit Union

    Blucurrent Credit Union, a voluntary and cooperative financial institution, exists to encourage savings among its 23,000+ members and provide them with accessible credit at fair and reasonable rates. Established as a non-profit entity, this credit union is dedicated to improving the economic and social conditions of its members. The mission of Blucurrent Credit Union is multifaceted. It aims to create a source of credit for its members, ensuring that they can benefit from financial services that cater to their needs. This cooperative endeavor operates on the principle of mutuality, with earnings, savings, benefits, and services being distributed among its members. By doing so, Blucurrent Credit Union fosters a sense of community and contributes to the general welfare of its clientele. The credit union's purpose extends beyond financial services, offering opportunities for its members to enhance their economic and social standing.

    Impact

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




    Thursday, August 15, 2024

    Blucurrent Credit Union's impact is centered around providing financial services to its 23,000+ members with the aim of encouraging thrift, offering fair credit at reasonable rates, and promoting the general welfare of its members. Through its cooperative and nonprofit structure, Blucurrent Credit Union seeks to distribute earnings, savings, benefits, and services to its members for their financial and financially-related needs. By creating opportunities for members to improve their economic and social conditions, Blucurrent Credit Union plays a significant role in supporting the financial well-being and growth of its community in Springfield, MO.





    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 2022.

  • Investment Income: $469,408
  • Program Service Revenue: $17,737,748
  • Gross Receipts: $18,956,356

    • Assets and Liabilities:
  • Total Assets: $305,927,504
  • Total Liabilities: $276,275,366
  • Net Assets: $29,652,138
  • Programs

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

    LOAN INTEREST

    Revenue

    $12,776,275

    OTHER INCOME

    Revenue

    $2,720,787

    FEE INCOME

    Revenue

    $2,240,686

    Organization Details

    Founding Year

    1929

    Principal Officer

    Gary Kirk

    Main Address

    1770 W SUNSET ST, SPRINGFIELD, MO, 65807

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Blucurrent 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.