Telcomm Credit Union

Organization Overview

Telcomm Credit Union is located in Springfield, MO. As of 12/2021, Telcomm Credit Union employed 71 individuals. Telcomm Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, Telcomm Credit Union generated $11.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $8.0m during the year ending 12/2021. While expenses have increased by 8.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MEMBER OWNED COOPERATIVE DEDICATED TO PROVIDING HIGH QUALITY FINANCIAL SERVICES TO ITS MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CREDIT UNION PROVIDES SAVINGS AND LOAN SERVICES AS WELL AS OTHER FINANCIAL SERVICES TO APPROXIMATELY 22,377 MEMBERS AT COMPETITIVE RATES TO IMPROVE THEIR ECONOMIC CONDITION.


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Board, Officers & Key Employees

Name (title)Compensation
Jessica Shorney
President/ce
$190,096
Chris Glenn
Chief Lendin
$109,462
Beth Hylsky
CFO
$104,885
Gregory Eck
Chairman
$0
Ron Barber
Vice Chairma
$0
David Roper
Sec/treasure
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$10,905,183
Investment income $860,299
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $18,600
Net Gain/Loss on Asset Sales $548
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,784,630

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