Members Choice Credit Union

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

EIN: 616029190 ✦ Ashland, KY ✦ Designated as a 501(c)(14)

Overview

What is Members Choice Credit Union?

Members Choice Credit Union is a financial institution committed to serving its credit union members. Based on the provided information, this organization focuses on extending financial services to its members. With the mission to provide financial assistance, Members Choice Credit Union offers various services to cater to its community.


Official website here: www.mccu.net

Is Members Choice Credit Union legitimate?

Members Choice Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Members Choice 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: $3,242,014

For more financial information, click here


Official website here: www.mccu.net

What is the mission statement of Members Choice Credit Union?

Members Choice Credit Union is dedicated to offering financial services to its members. Their primary mission is to cater to the financial needs of their credit union members. By providing a range of financial services, the credit union aims to help its members manage their money effectively and achieve their financial goals. The institution is committed to ensuring that its members have access to reliable and convenient financial solutions. Through its various offerings, Members Choice Credit Union empowers its members to make informed financial decisions and build a secure financial future.


Official website here: www.mccu.net

Who is the CEO of Members Choice Credit Union?

Jason Suman is the President of Members Choice Credit Union.


Official website here: www.mccu.net

What is the revenue of Members Choice Credit Union?

Members Choice Credit Union's revenue in 2022 was $16,240,826.


Official website here: www.mccu.net

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

The average compensation at Members Choice Credit Union during 2022 was $38,141. There are 85 employees at Members Choice Credit Union.

Here are 8 key members and their salaries:

    Jason Suman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Smith (Secretary-Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Neikirk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Darnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Townsend (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Donna Q Hewlett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mccu.net

    Where can I find the form 990 for Members Choice Credit Union?

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


    Official website here: www.mccu.net

    Learn more at the official website: www.mccu.net

    Mission Statement of Members Choice Credit Union

    Members Choice Credit Union, with its mission, is dedicated to extending financial services to its member base. This non-profit organization prioritizes offering financial solutions to those who hold membership with great care and commitment. By providing a range of financial services, Members Choice Credit Union aims to cater to the diverse financial needs of its members in an effective and accessible manner.

    Members Choice Credit Union operates under the principle of putting its members first. With a strong focus on financial wellbeing, the credit union offers various financial products and services tailored to meet the unique requirements of its members. By providing these services, Members Choice Credit Union fosters a sense of financial empowerment, enabling its members to manage their financial resources effectively.

    The credit union's primary objective is to ensure that its members have access to the financial tools they need to achieve their financial goals. Whether it's securing a loan, saving for the future, or managing day-to-day expenses, Members Choice Credit Union is there to support its members every step of the way. The organization's dedication to its mission is unwavering, and its commitment to its members is evident in its wide array of financial offerings.

    In summary, Members Choice Credit Union is a non-profit financial institution that is focused on delivering financial services to its credit union members. Through its commitment to offering a diverse range of financial products and services, the organization empowers its members to manage their finances effectively and work towards their financial goals.

    Impact

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




    Thursday, August 15, 2024

    Members Choice Credit Union impacts its community by providing accessible and inclusive financial services to its credit union members in Ashland, Kentucky. Through its mission of offering financial services to credit union members, it plays a crucial role in promoting financial stability and empowerment among individuals and families in the region. By offering services that prioritize the public benefit, Members Choice Credit Union contributes to the economic well-being and resilience of its members and the community at large.





    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: $1,720,886
  • Program Service Revenue: $14,519,940
  • Gross Receipts: $16,240,826

    • Assets and Liabilities:
  • Total Assets: $358,992,351
  • Total Liabilities: $329,957,241
  • Net Assets: $29,035,110
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $10,504,024

    MEMBER SERVICE FEES

    Revenue

    $3,484,613

    VISA FEES

    Revenue

    $347,242

    OTHER OPERATING INCOME

    Revenue

    $184,061

    Organization Details

    Founding Year

    1932

    Principal Officer

    Jason Suman

    Main Address

    PO BOX 1468, ASHLAND, KY, 411051468

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Members Choice 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.