Overview
What is Resource One Credit Union?
Resource One Credit Union is a non-profit financial cooperative based in Texas, established under the Texas Credit Union act. With a mission to promote savings and lending among its members, the credit union offers accessible credit at fair and reasonable rates. Aside from financial services, it also provides member insurance sales for accidental death and dismemberment. The credit union generates additional income through foreign ATM fees.
Official website here: www.r1cu.org
Is Resource One Credit Union legitimate?
Resource One Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Resource One 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,347,597
For more financial information, click here
Official website here: www.r1cu.org
What is the mission statement of Resource One Credit Union?
Resource One Credit Union is a member-owned financial cooperative with a mission to encourage savings and provide affordable loans to its members. Incorporated under the Texas Credit Union act, it operates as a non-profit institution promoting financial well-being among its members. The cooperative offers credit at fair and reasonable rates and generates additional income from insurance sales and foreign ATM fees. Its primary goal is to serve its members by facilitating financial stability through savings and accessible credit. Additionally, the credit union aims to contribute to the financial well-being of its community by promoting thrift and financial literacy.
Official website here: www.r1cu.org
Who is the CEO of Resource One Credit Union?
Mary Beth Spuck is the President & Ceo of Resource One Credit Union. The CEO's salary of Resource One Credit Union is $477,214 and their total compensation is $493,005.
Official website here: www.r1cu.org
What is the revenue of Resource One Credit Union?
Who are the executives of Resource One Credit Union and what are their salaries?
The average compensation at Resource One Credit Union during 2022 was $63,544. There are 273 employees and 8 volunteers at Resource One Credit Union.
Here are 20 key members and their salaries (Resource One Credit Union's CEO's salary is $477,214 and their total compensation is $493,005):
- Mary Beth Spuck (President & Ceo)
- Doug Bedner (Clo)
- Brady Popp (Cso)
- Tracey Jackson (Cfo)
- Merrill Currier (Cio)
- George Johnson (Director Human Resources)
- Paul Matamoros (Director Indirect Lending)
- Leslie Attebery (Director Mortgage Lending)
- Jennifer Grinder (Cmxo)
- Tesfu Beraki (Director It)
- Mike Tambourine (Director Member Solutions)
- Craig Gant (Secretary/Treasurer) [Trustee/Director]
- Karen Hart (Board Chair) [Trustee/Director]
- Greg Blunt (Vice Chair Of The Board) [Trustee/Director]
- Jean Manueal (Board Member) [Trustee/Director]
- Chris Degelia (Board Member) [Trustee/Director]
- Janey Appia (Board Member) [Trustee/Director]
- Keith Wilson (Board Member) [Trustee/Director]
- Clifton Broughton (Board Member) [Trustee/Director]
- Tony Goebel (Board Member) [Trustee/Director]
Official website here: www.r1cu.org
Where can I find the form 990 for Resource One Credit Union?
The Resource One Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.r1cu.org
Learn more at the official website: www.r1cu.org
Mission Statement of Resource One Credit Union
Resource One Credit Union, a voluntary cooperative savings institution, was established with a mission to foster thrift and provide financial services to its members. Acting as a non-profit entity under the Texas Credit Union act, this financial cooperative aims to promote savings and offer loans to its members at reasonable rates.
At its core, Resource One Credit Union functions as a cooperative financial services provider. By pooling resources and working together, members have access to credit when they need it, all while benefiting from competitive interest rates. In addition to lending services, the credit union generates income through member insurance sales for accidental death and dismemberment (AD&D). This diversified revenue stream ensures the sustainability of the organization and its ability to serve its members effectively.
Impact
This information is meant to be a general summary of Resource One Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Resource One Credit Union's impact lies in its mission to promote thrift through savings and loans to its members as a financial cooperative. By providing fair and reasonable rates of interest on credit and offering member insurance sales, Resource One Credit Union plays a crucial role in helping its members manage their finances effectively. Additionally, its focus on promoting thrift contributes to financial stability and well-being within the community it serves. Overall, Resource One Credit Union's efforts in providing accessible financial services with a public benefit orientation make a positive impact on its members and the broader 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
$26,400,357
SERVICE CHARGES & FEES
Revenue
$13,555,551
MEMBER PROGRAM FEES
Revenue
$1,686,136
OTHER INCOME
Revenue
$728,038
Organization Details
Founding Year
1986
Phone
(214) 540-1708
Principal Officer
Mary Beth Spuck
Main Address
1200 BELLEVIEW ST, DALLAS, TX, 75215
Website
www.r1cu.org
NTEE Category
Code: W60 - Public benefit
If you are a representative of Resource One 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.