Smart Financial Credit Union

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

EIN: 740695355 ✦ Houston, TX ✦ Designated as a 501(c)(14)

Overview

What is Smart Financial Credit Union?

Smart Financial Credit Union is a non-profit savings institution based in Houston, Texas, with over 63,000 members. Established under the Texas Credit Union Act, its primary objective is to encourage thrift and offer affordable credit to its members. The credit union aims to provide an excellent experience through every interaction with its member-owners and co-workers. In line with its mission, it promotes financial well-being within its communities by offering financial education and fostering long-lasting relationships with members, teammates, and community partners. With a team of 244 employees, Smart Financial Credit Union operates with a commitment to enhancing the financial lives of its members.


Official website here: www.smartcu.org

Is Smart Financial Credit Union legitimate?

Smart Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Smart Financial 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: $3,462,716
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,879,233

For more financial information, click here


Official website here: www.smartcu.org

What is the mission statement of Smart Financial Credit Union?

Smart Financial Credit Union is dedicated to promoting financial well-being within communities by providing financial education and fostering deep, long-lasting relationships with its members, teammates, and community partners. As a non-profit savings institution, it operates under the Texas Credit Union Act with the purpose of encouraging thrift and offering credit at fair and reasonable rates to over 63,000 members. The organization is committed to delivering excellent experiences through every interaction, aiming to make a positive impact on people's financial lives.


Official website here: www.smartcu.org

Who is the CEO of Smart Financial Credit Union?

Leann Kaczynski is the Chairman of Smart Financial Credit Union. The CEO's salary of Smart Financial Credit Union is $131,030 and their total compensation is $176,758.


Official website here: www.smartcu.org

What is the revenue of Smart Financial Credit Union?

Smart Financial Credit Union's revenue in 2022 was $39,299,069.


Official website here: www.smartcu.org

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

The average compensation at Smart Financial Credit Union during 2022 was $58,778. There are 244 employees and 13 volunteers at Smart Financial Credit Union.

Here are 22 key members and their salaries (Smart Financial Credit Union's CEO's salary is $131,030 and their total compensation is $176,758):

    Larry Seidl (Ceo (Retired 4/2022))
  • Compensation: $976,879
  • Related: $0
  • Other: $3,682

    • Leann Kaczynski (Ceo)
  • Compensation: $370,030
  • Related: $0
  • Other: $160,617

    • Darcy Stpehens (Cpo)
  • Compensation: $331,517
  • Related: $0
  • Other: $23,355

    • Angela Chan (Evp / Cfo)
  • Compensation: $243,065
  • Related: $0
  • Other: $92,582

    • Loretta Wolsey (Cro)
  • Compensation: $216,720
  • Related: $0
  • Other: $57,424

    • Preston Price (Cxo)
  • Compensation: $216,685
  • Related: $0
  • Other: $40,271

    • Brian Ziemba (Cco)
  • Compensation: $220,489
  • Related: $0
  • Other: $26,398

    • Marcus Manning (Cio)
  • Compensation: $229,228
  • Related: $0
  • Other: $10,479

    • Corbin Wilson (Cmo)
  • Compensation: $168,007
  • Related: $0
  • Other: $40,038

    • Sean Price (Svp Lending Operations / Clo)
  • Compensation: $167,176
  • Related: $0
  • Other: $30,650

    • Chris Conway (Svp Enterprise Operations / Coo)
  • Compensation: $148,132
  • Related: $0
  • Other: $29,347

    • Sandra Torres (Vp Board Services/Assistant To Ceo)
  • Compensation: $131,030
  • Related: $0
  • Other: $45,728

    • Angela Aguirre (Vp Relationship Development)
  • Compensation: $148,173
  • Related: $0
  • Other: $28,249

    • Luis Garcia (Vp Commercial Credit)
  • Compensation: $137,889
  • Related: $0
  • Other: $15,455

    • Chad G Greer (Chairman) [Trustee/Director]
  • Compensation: $4,500
  • Related: $0
  • Other: $0

    • Tammie Moore (Vice-Chair) [Trustee/Director]
  • Compensation: $4,500
  • Related: $0
  • Other: $0

    • Timothy Raffield (Secretary) [Trustee/Director]
  • Compensation: $4,500
  • Related: $0
  • Other: $0

    • Diana Carrion (Treasurer) [Trustee/Director]
  • Compensation: $4,500
  • Related: $0
  • Other: $0

    • Jeffrey W Hamlin (Director)
  • Compensation: $4,500
  • Related: $0
  • Other: $0

    • Larry Frazier (Director)
  • Compensation: $4,500
  • Related: $0
  • Other: $0

    • Douthulia Gardner (Director)
  • Compensation: $4,500
  • Related: $0
  • Other: $0

    • Michael O'Neill (Director)
  • Compensation: $3,750
  • Related: $0
  • Other: $0


  • Official website here: www.smartcu.org

    Where can I find the form 990 for Smart Financial Credit Union?

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


    Official website here: www.smartcu.org

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

    Mission Statement of Smart Financial Credit Union

    Smart Financial Credit Union, a non-profit savings institution, is dedicated to promoting financial well-being within its communities. By providing financial education and forging deep, lasting relationships with its members, teammates, and community partners, the credit union strives to enhance every interaction.

    Capitalizing on the belief that every member-owner and co-worker interaction should be excellent, Smart Financial Credit Union sets out to make a difference. Its mission is multifaceted, aimed not only at offering financial services but also at fostering meaningful connections. The credit union operates under the Texas Credit Union Act, with a membership base of over 63,000 individuals.

    At the heart of Smart Financial Credit Union's mission lies a commitment to financial education. By empowering its members with the knowledge and tools necessary to make informed financial decisions, the credit union positions itself as a trusted partner. This approach is reflected in the credit union's goal of developing deep, lifelong relationships. As more than just a financial institution, Smart Financial Credit Union seeks to build a community of financially secure individuals who can rely on one another and the organization for guidance and support.

    In practice, the credit union's commitment to its members' financial well-being unfolds through various initiatives. These may include workshops, seminars, or one-on-one consultations designed to help members better understand financial concepts and make the most of their funds. By fostering a culture of financial literacy, Smart Financial Credit Union not only strengthens its own position but also contributes to the broader well-being of its communities.

    The credit union's dedication to relationships extends beyond its membership. By engaging with community partners, Smart Financial Credit Union reinforces its role as a pillar of its communities. Through collaborative efforts, the credit union can amplify its impact and demonstrate its commitment to the greater good. In this way, Smart Financial Credit Union goes beyond the conventional definition of a credit union, becoming a cornerstone of financial and social growth.

    Impact

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




    Thursday, August 15, 2024

    Smart Financial Credit Union's impact is characterized by its commitment to promoting financial well-being within communities. With a mission to provide an excellent experience through every member-owner and co-worker interaction, Smart Financial Credit Union serves over 63,000 members in Houston, Texas. By encouraging thrift and providing credit at fair and reasonable rates, this nonprofit savings institution plays a vital role in supporting the financial stability of its members. Additionally, Smart Financial Credit Union actively engages in financial education initiatives and cultivates deep, lifelong relationships with its members, teammates, and community partners. Through its dedication to public benefit and community development, Smart Financial Credit Union has a significant impact on enhancing financial literacy and fostering economic empowerment within its reach.





    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: $3,737,317
  • Program Service Revenue: $31,433,473
  • Gross Receipts: $42,103,727

    • Assets and Liabilities:
  • Total Assets: $858,528,681
  • Total Liabilities: $794,573,403
  • Net Assets: $63,955,278
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $18,800,071

    OTHER OPERATIONS

    Revenue

    $7,213,046

    FEES AND CHARGES

    Revenue

    $5,420,356

    Organization Details

    Founding Year

    1934

    Principal Officer

    Leann Kaczynski

    Main Address

    6051 NORTH COURSE DRIVE 100, HOUSTON, TX, 77072

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Smart Financial 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.