Eastman Credit Union

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

EIN: 626039479 ✦ Kingsport, TN ✦ Designated as a 501(c)(14)

Overview

What is Eastman Credit Union?

Eastman Credit Union is a state-chartered credit union, headquartered in Kingsport, Tennessee. With a workforce of 1,127 employees, it served 304,455 members in 2022, offering a range of deposit products and amassing assets totaling $6.43 billion. Their mission is to be the preferred financial institution within their communities by providing value-added financial services, upholding credit union cooperative values, and prioritizing service excellence. The credit union aimed to maintain a strong presence in the communities it served, offering various financial products to enhance the lives of its members.


Official website here: www.ecu.org

Is Eastman Credit Union legitimate?

Eastman Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Eastman 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: $3,424,782
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,697,040

For more financial information, click here


Official website here: www.ecu.org

What is the mission statement of Eastman Credit Union?

During the year 2022, Eastman Credit Union functioned as a state-chartered credit union dedicated to becoming the preferred financial institution in the communities it served. This was achieved by offering valuable financial products and services to members, in adherence to credit union cooperative values and service excellence expectations. The credit union's purpose was to maintain accounts, issue shares, and promote thrift, ultimately resulting in superior value for its members. Eastman Credit Union catered to 304,455 members, offering a range of deposit products totaling over $6.4 billion.


Official website here: www.ecu.org

Who is the CEO of Eastman Credit Union?

Kelly Price is the President, Ceo of Eastman Credit Union. The CEO's salary of Eastman Credit Union is $104,931 and their total compensation is $104,931.


Official website here: www.ecu.org

What is the revenue of Eastman Credit Union?

Eastman Credit Union's revenue in 2022 was $342,469,069.


Official website here: www.ecu.org

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

The average compensation at Eastman Credit Union during 2022 was $52,459. There are 1,127 employees and 9 volunteers at Eastman Credit Union.

Here are 26 key members and their salaries (Eastman Credit Union's CEO's salary is $104,931 and their total compensation is $104,931):

    Kelly Price (President, Ceo) [Trustee/Director]
  • Compensation: $1,003,483
  • Related: $0
  • Other: $-248,151

    • Matt Wimberley (Vp, Chief Legal Officer)
  • Compensation: $306,425
  • Related: $0
  • Other: $53,211

    • Jeremiah Lounds (Vp, Chief Operating Officer)
  • Compensation: $304,248
  • Related: $0
  • Other: $53,211

    • Russell Ayscue (Vp, Chief Information Officer)
  • Compensation: $287,474
  • Related: $0
  • Other: $48,806

    • Mark Millwood (Vp, Chief Human Resource Officer)
  • Compensation: $282,001
  • Related: $0
  • Other: $49,346

    • Thomas Kennedy (Vp, Business Services)
  • Compensation: $273,434
  • Related: $0
  • Other: $56,504

    • Darrell Dinsmore (Svp, Chief Administrative Officer)
  • Compensation: $414,109
  • Related: $0
  • Other: $-96,420

    • Tonja Fish (Vp, Chief Financial Officer)
  • Compensation: $423,646
  • Related: $0
  • Other: $-107,767

    • Robin Wilkerson (Enterprise Project Manager)
  • Compensation: $227,333
  • Related: $0
  • Other: $45,837

    • Dolly Linkous (Vp, Chief Lending Officer)
  • Compensation: $336,924
  • Related: $0
  • Other: $-74,478

    • Chuck Perry (Vice President, Branch Operations)
  • Compensation: $198,468
  • Related: $0
  • Other: $31,160

    • Kevin Hill (Vp Chief Brand Officer)
  • Compensation: $163,451
  • Related: $0
  • Other: $40,504

    • Debra Bridwell Thru 322 (Svp, Chief Marketing Officer)
  • Compensation: $172,445
  • Related: $0
  • Other: $12,311

    • Jill Alley (Regional Director)
  • Compensation: $207,265
  • Related: $0
  • Other: $-34,362

    • Cathy Byers (Regional Director)
  • Compensation: $200,558
  • Related: $0
  • Other: $-36,409

    • Olan Jones (Former President/Ceo)
  • Compensation: $104,931
  • Related: $0
  • Other: $0

    • E Wayne Kirk (Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Norris Sneed (Vice Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Brian K Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • J Andrew Hatfield Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Wolfe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Macione (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Crawford Thru 322 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ecu.org

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

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


    Official website here: www.ecu.org

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

    Mission Statement of Eastman Credit Union

    Eastman Credit Union, a state-chartered financial institution, dedicated itself to being the preferred choice for communities it served during the year 2022. With a strong commitment to its members, the credit union offered an array of financial products and services that added value to their lives. Eastman Credit Union's mission was guided by cooperative values and service excellence expectations.

    As a mutually owned financial cooperative, Eastman Credit Union promoted thrift by maintaining member accounts and issuing shares. This approach resulted in superior value for the 304,455 members it served. The credit union's vast offering of deposit products, totaling over $6.4 billion, demonstrated its dedication to providing financial solutions tailored to its members' needs. By focusing on value addition and service excellence, Eastman Credit Union solidified its position as a trusted financial partner within the communities it served.

    Impact

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




    Thursday, August 15, 2024

    Eastman Credit Union, operating as a state-chartered credit union, aims to be the preferred financial institution in the communities it serves by providing valuable financial products and services to its members. Serving over 300,000 members with various deposit products totaling billions of dollars, Eastman Credit Union plays a significant role in promoting thrift and delivering superior financial value to its community. Their commitment to cooperative values and service excellence has a positive impact on their members and the overall financial well-being of the areas they serve.





    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: $20,809,898
  • Program Service Revenue: $321,487,147
  • Gross Receipts: $343,727,241

    • Assets and Liabilities:
  • Total Assets: $7,481,805,455
  • Total Liabilities: $6,517,628,561
  • Net Assets: $964,176,894
  • Programs

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

    LOAN INTEREST INCOME

    Revenue

    $253,343,508

    FEES AND CHARGES

    Revenue

    $65,488,171

    OTHER INCOME

    Revenue

    $2,655,468

    Organization Details

    Founding Year

    1934

    Principal Officer

    Kelly Price

    Main Address

    PO BOX 1989, KINGSPORT, TN, 37662

    NTEE Category

    Code: W60 - Public benefit

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