Community Resource Credit Union

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

EIN: 741109927 ✦ Baytown, TX ✦ Designated as a 501(c)(14)

Overview

What is Community Resource Credit Union?

Community Resource Credit Union is a member-owned financial institution based in Baytown, Texas, with an address at 3110 Rollingcreek Dr, ZIP code 77521. With over 54,000 member-owned accounts as of December 31, 2022, they strive to help their members achieve financial well-being through a lifetime partnership. Their exceptional services and quality products include share accounts that pay dividends monthly and offer access through branches, home banking via the internet or phone, and ATMs worldwide. The credit union boasts a workforce of 240 employees dedicated to this mission.


Official website here: www.crcu.com

Is Community Resource Credit Union legitimate?

Community Resource Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Community Resource 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: $1,734,886
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,181,430

For more financial information, click here


Official website here: www.crcu.com

What is the mission statement of Community Resource Credit Union?

Community Resource Credit Union is dedicated to helping its members attain financial well-being through a lifelong partnership. They provide exceptional service and quality products to achieve this mission. The credit union offers Member Savings Accounts, which pay dividends monthly and grant access to the branch network, online banking, and ATMs worldwide. As of December 31, 2022, the credit union had 54,941 member-owned accounts. Through this collaboration, the credit union aims to ensure its members have the resources and support needed to manage their finances effectively.


Official website here: www.crcu.com

Who is the CEO of Community Resource Credit Union?

Russell Ballard is the Chairperson of Community Resource Credit Union. The CEO's salary of Community Resource Credit Union is $453,904 and their total compensation is $585,910.


Official website here: www.crcu.com

What is the revenue of Community Resource Credit Union?

Community Resource Credit Union's revenue in 2022 was $47,539,964.


Official website here: www.crcu.com

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

The average compensation at Community Resource Credit Union during 2022 was $53,818. There are 240 employees and 12 volunteers at Community Resource Credit Union.

Here are 19 key members and their salaries (Community Resource Credit Union's CEO's salary is $453,904 and their total compensation is $585,910):

    Russell Ballard (President/Ceo)
  • Compensation: $453,904
  • Related: $0
  • Other: $132,006

    • Travis Smith (Vp Financial Advisor)
  • Compensation: $266,667
  • Related: $0
  • Other: $78,452

    • Deena Smith (Cfo/Svp)
  • Compensation: $275,700
  • Related: $0
  • Other: $34,190

    • Charles Hast (Clo/Svp)
  • Compensation: $236,466
  • Related: $0
  • Other: $54,214

    • Brenda Weinberger (Cio/Svp)
  • Compensation: $243,108
  • Related: $0
  • Other: $37,186

    • Tamara Hudson (Coo/Svp)
  • Compensation: $233,835
  • Related: $0
  • Other: $34,277

    • Nicole Marino (Vp Data Analytics & Cards)
  • Compensation: $232,578
  • Related: $0
  • Other: $18,519

    • Aaron Rathbone (Vp Of Business Lending)
  • Compensation: $184,336
  • Related: $0
  • Other: $32,854

    • Matthew Glassco (Sr. Systems Engineer)
  • Compensation: $155,047
  • Related: $0
  • Other: $44,827

    • Cano Alvin Hernandez (Branch Manager)
  • Compensation: $137,528
  • Related: $0
  • Other: $12,485

    • Randall Sanders (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonna Cagle-Page (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roy Barefield (Board Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Vola (Board Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Marron (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wally Whitley (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dick Dawson (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Connie A Tilton (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Mohlam (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.crcu.com

    Where can I find the form 990 for Community Resource Credit Union?

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


    Official website here: www.crcu.com

    Learn more at the official website: www.crcu.com

    Mission Statement of Community Resource Credit Union

    Community Resource Credit Union, a financial institution dedicated to its members, is committed to helping them achieve financial well-being through a lifelong partnership. This mission is underpinned by the provision of exceptional service and quality products. With over 54,000 member-owned accounts, the credit union offers various advantages, including Member Savings Accounts that pay monthly dividends and provide members with access to their accounts through the branch network, home banking via the internet or telephone, and ATMs worldwide. By fostering a partnership with its members, Community Resource Credit Union goes beyond traditional financial services to support their financial health and well-being.

    Impact

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




    Thursday, August 15, 2024

    Community Resource Credit Union's impact lies in its commitment to helping members achieve financial well-being through a lifetime partnership, providing exceptional service and quality products. With a focus on share accounts, the credit union offers advantages to members of all ages, with 54,941 member-owned accounts as of December 31, 2022. This approach not only fosters financial stability but also promotes financial literacy and empowerment within the community. By offering dividend-paying savings accounts with various access options, including branch networks, online banking, and ATMs worldwide, Community Resource Credit Union plays a vital role in supporting the financial health of its members in Baytown, TX, and beyond.





    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: $1,385,735
  • Program Service Revenue: $44,849,994
  • Gross Receipts: $47,539,964

    • Assets and Liabilities:
  • Total Assets: $763,924,806
  • Total Liabilities: $702,381,216
  • Net Assets: $61,543,590
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $25,877,285

    OTHER INCOME

    Revenue

    $11,696,362

    FEE INCOME

    Revenue

    $7,276,347

    Organization Details

    Founding Year

    1935

    Principal Officer

    Russell Ballard

    Main Address

    3110 ROLLINGCREEK DR, BAYTOWN, TX, 77521

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Community Resource 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.