Overview
What is Winsouth Credit Union?
Winsouth Credit Union is a cooperative society based in Gadsden, Alabama, with over 35,000 members as of December 31, 2022. Established as a nonprofit financial institution, its primary mission is to promote thrift among its members and create a source of credit at fair and reasonable rates. The credit union operates under the Alabama Banking Code and abides by the rules and regulations adopted by the Alabama Credit Union Administration. By conducting various businesses, engaging in activities, and providing services, Winsouth Credit Union aims to benefit its members while adhering to the Alabama Credit Union Act. Its core purpose is to provide opportunities for members to control their own money, improving their economic and social condition. Winsouth Credit Union's activities focus on encouraging thrift and offering low-cost loans to its members.
Official website here: www.winsouthcu.com
Is Winsouth Credit Union legitimate?
Winsouth Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Winsouth 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: $1,464,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,525,617
For more financial information, click here
Official website here: www.winsouthcu.com
What is the mission statement of Winsouth Credit Union?
Winsouth Credit Union is a cooperative society, incorporated with the dual purpose of encouraging thrift amongst its members and creating a source of credit for them at reasonable interest rates. The credit union operates as a non-profit financial institution, aiming to help its members improve their economic and social condition by providing them with opportunities to control their own money. It achieves its purpose by engaging in various activities and offering services that benefit its members, subject to the Alabama Credit Union Act and the rules and regulations adopted thereunder by the Alabama Credit Union Administration. The credit union had served over 35,000 members as of December 31, 2022.
Official website here: www.winsouthcu.com
Who is the CEO of Winsouth Credit Union?
David Eubanks is the Vice Chairman of Winsouth Credit Union. The CEO's salary of Winsouth Credit Union is $182,026 and their total compensation is $202,223.
Official website here: www.winsouthcu.com
What is the revenue of Winsouth Credit Union?
Who are the executives of Winsouth Credit Union and what are their salaries?
The average compensation at Winsouth Credit Union during 2022 was $29,180. There are 171 employees and 10 volunteers at Winsouth Credit Union.
Here are 13 key members and their salaries (Winsouth Credit Union's CEO's salary is $182,026 and their total compensation is $202,223):
- David Eubanks (Ceo/President)
- Dow Hill (Ceo Landmark)
- Joan Smith (Coo/Vice President)
- Kelly Whisenant (Comptroller)
- Rachael Lee (Director Of Human Resource)
- Mark Shaddix (Director Of Lending)
- Nathan Clough (Director Of Compliance/Training)
- Giorgio Torregrosa (Chief Technology Officer)
- Ronald Patrick (Vice Chairman) [Trustee/Director]
- Gary Kennedy (Treasurer) [Trustee/Director]
- Greg Gregerson (Secretary) [Trustee/Director]
- Don Smith (Board Member) [Trustee/Director]
- Charles Atchley (Chairman) [Trustee/Director]
Official website here: www.winsouthcu.com
Where can I find the form 990 for Winsouth Credit Union?
The Winsouth Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.winsouthcu.com
Learn more at the official website: www.winsouthcu.com
Mission Statement of Winsouth Credit Union
Winsouth Credit Union, a cooperative society incorporated with a twofold purpose, aims to promote thrift among its members and create a source of credit for them at fair and reasonable rates of interest. By doing so, it provides its members with opportunities to improve their economic and social condition.
Established as a voluntary, nonprofit financial institution, Winsouth Credit Union encourages thrift and operates as a cooperative, allowing its members to control their own money. It achieves its objectives by engaging in any business, activity, or providing any service that benefits its members, subject to the Alabama Credit Union Act and the rules and regulations adopted thereunder by the Alabama Credit Union Administration.
As a financial institution, Winsouth Credit Union offers thrift opportunities to its members and provides low-cost loans at fair rates of interest. The credit union's primary goal is to help enhance the financial and social well-being of its 35,000 members. It strives to achieve this by conducting various activities, providing services, and maintaining a strong commitment to its mission.
Impact
This information is meant to be a general summary of Winsouth Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Winsouth Credit Union's impact can be seen in its commitment to providing thrift opportunities and low-cost loans to its members. By promoting thrift and offering fair and reasonable rates of interest, Winsouth Credit Union empowers its members to take control of their finances and improve their economic and social well-being. With a focus on serving over 35,000 members, Winsouth Credit Union plays a vital role in the community by fostering financial stability and creating access to credit for those in need.
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
$9,510,001
Organization Details
Founding Year
1951
Phone
(256) 543-7302
Principal Officer
David Eubanks
Main Address
110 SOUTH 26TH STREET, GADSDEN, AL, 359041935
Website
www.winsouthcu.com
NTEE Category
Code: W60 - Public benefit
If you are a representative of Winsouth 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.