Overview
What is The Tennessee Credit Union?
The Tennessee Credit Union, or TTCU, is a credit union based in Nashville, Tennessee, with a wide presence across Middle and East Tennessee. As of December 2022, the organization boasts nine locations and a diverse workforce of 99 employees. TTCU offers various consumer credit and deposit products and services, including credit cards, term and revolving loans, and mortgage lending. Although most mortgage loans are kept in-house, some are occasionally sold to Fannie Mae and Freddie Mac while retaining servicing. TTCU's mission extends beyond financial services through programs like "Summer Pay" and seasonal savings accounts, aiding members in managing their budgets and achieving financial goals. With a membership of over 24,000 individuals and over 23,000 loan accounts and 42,000 deposit accounts, TTCU aims to cater to the financial needs of its members.
Official website here: www.ttcu.org
Is The Tennessee Credit Union legitimate?
The Tennessee Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. The Tennessee 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: $590,780
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,340,858
For more financial information, click here
Official website here: www.ttcu.org
What is the mission statement of The Tennessee Credit Union?
The Tennessee Credit Union (TTCU) is dedicated to delivering a range of financial services to its members. Its mission encompasses offering loan, checking, and saving services to help members manage their budgets and achieve their financial goals. TTCU provides various consumer credit and deposit products and services, including secured and unsecured loans, term loans, revolving loans, residential construction and permanent mortgage lending, and mortgage servicing. Additionally, TTCU offers value-added services such as summer pay programs and seasonal savings accounts. With a commitment to financial thrift objectives, TTCU boasts a strong membership base of 24,097, managing 23,376 loan accounts and 42,352 deposit accounts (as of December 31, 2022).
Official website here: www.ttcu.org
Who is the CEO of The Tennessee Credit Union?
Rafael Rondon is the Chairperson of The Tennessee Credit Union. The CEO's salary of The Tennessee Credit Union is $168,546 and their total compensation is $173,706.
Official website here: www.ttcu.org
What is the revenue of The Tennessee Credit Union?
Who are the executives of The Tennessee Credit Union and what are their salaries?
The average compensation at The Tennessee Credit Union during 2022 was $33,778. There are 146 employees and 8 volunteers at The Tennessee Credit Union.
Here are 14 key members and their salaries (The Tennessee Credit Union's CEO's salary is $168,546 and their total compensation is $173,706):
- Rafael Rondon (Ceo)
- Michael Martin (Ceo)
- Joseph Knowles (Vp It)
- Flavis Burroughs (Vp Real Estate)
- Jonathan Chilson (Cfo/Vp Finance)
- Andres Llanos (Cfo)
- Gerald Martin (Chairperson) [Trustee/Director]
- Chris Henson (Vice Chairperson) [Trustee/Director]
- James Hall (Treasurer) [Trustee/Director]
- Robert Churchwell (Secretary) [Trustee/Director]
- Tara Loba (Supervisory Committee) [Trustee/Director]
- Harvey Hoskin (Supervisory Committee) [Trustee/Director]
- Lora Love (Supervisory Committee) [Trustee/Director]
- Kathy Woods-Dobins (Director)
Official website here: www.ttcu.org
Where can I find the form 990 for The Tennessee Credit Union?
The The Tennessee Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.ttcu.org
Learn more at the official website: www.ttcu.org
Mission Statement of The Tennessee Credit Union
The Tennessee Credit Union, or TTCU, is dedicated to delivering a comprehensive suite of financial services to its membership base. Their mission is geared towards extending loan, checking, and saving services to individuals within their community. With nine locations spread across Middle and East Tennessee, TTCU caters to a wide demographic, offering a diverse range of consumer credit and deposit products.
TTCU's service offerings encompass credit cards, secured and unsecured term and revolving loans, and residential construction and permanent mortgage lending. They retain most mortgage loans but occasionally sell mortgages to Fannie Mae and Freddie Mac, while retaining servicing. In addition to these financial services, TTCU provides value-added programs to help their consumer members effectively manage their budgets and achieve their financial goals. These include programs such as "Summer Pay" and seasonal savings accounts, such as Christmas and vacation club savings.
As of December 31, 2022, TTCU boasts a strong workforce of 99 employees, serving a membership base of 24,097 individuals, with 23,376 loan accounts and 42,352 deposit accounts in their care. Their commitment to providing financial services and support to their members underpins their unwavering dedication to the communities they serve.
Impact
This information is meant to be a general summary of The Tennessee Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The impact of The Tennessee Credit Union is evident in its provision of valuable financial services to its members across a wide geographic area of Middle and East Tennessee. With 9 locations and a dedicated workforce of 99 employees, TTCU serves 24,097 members through a variety of credit and deposit products and services. These offerings include credit cards, loans, mortgage lending, and specialized savings programs like the "Summer Pay" initiative and seasonal savings accounts. By empowering its members to manage their budgets and achieve their financial goals, The Tennessee Credit Union plays a vital role in fostering financial well-being within the community.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$8,679,603
FEES, CHARGES AND OTHER REVENUE
Revenue
$3,980,876
FINANCE AND INSURANCE
Revenue
$168,829
Organization Details
Founding Year
1950
Phone
(615) 244-1910
Principal Officer
Rafael Rondon
Main Address
1400 8TH AVE SOUTH, NASHVILLE, TN, 37203
Website
www.ttcu.org
NTEE Category
Code: W61Z - Public benefit
If you are a representative of The Tennessee 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.