Telcomm Credit Union

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

EIN: 440538278 ✦ Springfield, MO ✦ Designated as a 501(c)(14)

Overview

What is Telcomm Credit Union?

Telcomm Credit Union, a member-owned cooperative based in Springfield, Missouri, serves approximately 23,858 members by offering top-notch savings, loan, and other financial services at competitive rates. With a commitment to enhancing the economic condition of its members, this credit union prioritizes responsiveness to their needs and goals. As a dedicated people-helping-people organization, Telcomm Credit Union remains steadfast in its philosophy and adheres to sound business practices. The cooperative boasts a team of 94 employees.


Official website here: www.telcommcu.com

Is Telcomm Credit Union legitimate?

Telcomm Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Telcomm 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: $528,771
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,710,543

For more financial information, click here


Official website here: www.telcommcu.com

What is the mission statement of Telcomm Credit Union?

Telcomm Credit Union operates as a member-owned cooperative, prioritizing the provision of top-notch financial services to its members. Committed to remaining responsive to the needs and goals of its clientele, the credit union operates with the guiding philosophy of "people helping people" while adhering to sound business practices. With approximately 23,858 members, the credit union offers savings, loan, and other financial services at competitive rates, aiming to enhance the economic condition of its customer base.


Official website here: www.telcommcu.com

Who is the CEO of Telcomm Credit Union?

Jessica Shorney is the President/Ce of Telcomm Credit Union.


Official website here: www.telcommcu.com

What is the revenue of Telcomm Credit Union?

Telcomm Credit Union's revenue in 2022 was $13,563,264.


Official website here: www.telcommcu.com

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

The average compensation at Telcomm Credit Union during 2022 was $34,461. There are 94 employees and 12 volunteers at Telcomm Credit Union.

Here are 14 key members and their salaries:

    Jessica Shorney (President/Ce)
  • Compensation: $243,753
  • Related: $0
  • Other: $28,108

    • Chris Glenn (Chief Lendin)
  • Compensation: $116,786
  • Related: $0
  • Other: $14,581

    • Beth Hylsky (Cfo)
  • Compensation: $125,089
  • Related: $0
  • Other: $2,954

    • Timothy Harris (Employee)
  • Compensation: $112,371
  • Related: $0
  • Other: $11,701

    • Lori Johnson-Murawaski (Employee)
  • Compensation: $104,415
  • Related: $0
  • Other: $11,480

    • Gregory Eck (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Barber (Vice Chairma) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Roper (Secretary/Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Woodall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Losh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris George (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Halstead (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julius B Melton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Netzer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.telcommcu.com

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

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


    Official website here: www.telcommcu.com

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

    Mission Statement of Telcomm Credit Union

    Telcomm Credit Union, a member-owned cooperative, is deeply committed to delivering top-notch financial services to its approximately 23,858 members. Guided by the philosophy of "People Helping People," this credit union goes above and beyond to cater to the financial needs and goals of its members, all while adhering to sound business practices.

    As a member-driven organization, Telcomm Credit Union prioritizes the well-being of its community. It offers a range of savings and loan services, as well as other financial solutions, at competitive rates. The credit union's dedication extends beyond merely providing financial services; it strives to improve the economic condition of its members. By remaining responsive to the unique needs of its community, Telcomm Credit Union fosters a strong sense of trust and cooperation among its members.

    Impact

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




    Thursday, August 15, 2024

    Telcomm Credit Union, a member-owned cooperative based in Springfield, MO, is dedicated to providing high-quality financial services to its approximately 23,858 members. By offering savings and loan services as well as other financial products at competitive rates, Telcomm Credit Union aims to improve the economic condition of its members. Operating within the framework of "people helping people," the credit union remains responsive to member needs and goals while adhering to sound business practices.





    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: $1,026,199
  • Program Service Revenue: $12,525,115
  • Gross Receipts: $13,563,264

    • Assets and Liabilities:
  • Total Assets: $273,963,242
  • Total Liabilities: $241,577,741
  • Net Assets: $32,385,501
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $9,167,784

    CREDIT CARD INCOME

    Revenue

    $1,529,250

    FEES AND CHARGES

    Revenue

    $1,349,603

    OTHER INCOME

    Revenue

    $334,223

    INSURANCE COMMISSIONS

    Revenue

    $77,876

    Organization Details

    Founding Year

    1940

    Principal Officer

    Jessica Shorney

    Main Address

    2155 E SUNSHINE, SPRINGFIELD, MO, 65804

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Telcomm 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.