Together Credit Union
- Assets
- $2.3b
- Revenue
- $107.4m
- Investments
- $0.0
- Employees
- 569
- Location
- Saint Louis, MO
- Founding
- Data as of
- 12/2021
- EIN
- 43-0160998
Organization Overview
Together Credit Union is located in Saint Louis, MO. As of 12/2021, Together Credit Union employed 569 individuals. Together 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, Together Credit Union generated $107.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $86.6m during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ALL ACTIVITIES PERTAIN TO A STATE CHARTERED CREDIT UNION THAT PROVIDES DEPOSIT AND LENDING SERVICES TO ITS MEMBERSHIP WHICH APPROXIMATES 136,000
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOANS TO MEMBERS
SERVICE FEES
INVESTMENTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Mckay President/ceo | Officer | 40 | $886,926 |
R Kampwerth CFO | Officer | 40 | $392,267 |
R Kraus Board Member | Trustee | 0 | $486 |
M Dougherty Clo | Officer | 40 | $360,660 |
C Trunko Cpo | Officer | 40 | $334,024 |
M Imo-Moffitt Mlo | 40 | $292,784 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Worldpay Card Processing | 12/30/21 | $3,910,228 |
Digital Insight Online And Mobile Banking Services | 12/30/21 | $1,436,618 |
Umr Insurance Claims Administrator | 12/30/21 | $1,337,572 |
Rsm It Consulting | 12/30/21 | $1,305,901 |
At And T Phone And Data Lines | 12/30/21 | $958,991 |
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 | $99,683,148 |
| Investment income | $7,735,719 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $107,418,867 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $17,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,847,216 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,380,258 |
| Pension plan accruals and contributions | $1,705,673 |
| Other employee benefits | $5,830,173 |
| Payroll taxes | $1,903,834 |
| Fees for services: Management | $531,152 |
| Fees for services: Legal | $412,475 |
| Fees for services: Accounting | $294,393 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,155,147 |
| Office expenses | $6,837,062 |
| Information technology | $5,200,598 |
| Royalties | $0 |
| Occupancy | $2,794,501 |
| Travel | $228,642 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $228,642 |
| Interest | $9,166,315 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,350,258 |
| Insurance | $289,716 |
| All other expenses | $3,571,260 |
| Total functional expenses | $86,638,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,163,965 |
| Savings and temporary cash investments | $2,866,124 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,529,127 |
| Loans from Officers, Directors, or Controlling Persons | $5,051,597 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,660,999,746 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,048,157 |
| Net Land, buildings, and equipment | $47,458,425 |
| Investments—publicly traded securities | $520,217,515 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,112,142 |
| Total assets | $2,310,446,798 |
| Accounts payable and accrued expenses | $19,308,490 |
| Grants payable | $0 |
| Deferred revenue | $1,560,268 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $34,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,037,673,483 |
| Total liabilities | $2,092,542,241 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $217,904,557 |
| Total liabilities and net assets/fund balances | $2,310,446,798 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Together Credit Union has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Heartland Credit Union Charitable Foundation Inc St Louis, MO PURPOSE: COMMUNITY DEVELOPMENT GRANT | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Integris Baptist Medical Center Inc Oklahoma City, OK | $2,058,378,701 | $1,074,971,636 |
Scott & White Clinic Dallas, TX | $177,643,392 | $977,412,932 |
National Rural Utilities Cooperative Finance Corp Dulles, VA | $31,221,814,594 | $1,254,440,999 |
Delta Account Based Medical Tr Atlanta, GA | $64,420,451 | $922,711,944 |
St Lukes Hospital Of Kansas City Kansas City, MO | $1,771,100,748 | $1,070,641,998 |
Saint Thomas West Hospital St Louis, MO | $949,679,305 | $1,081,181,844 |
St Cloud Hospital St Cloud, MN | $1,702,572,092 | $1,117,982,242 |
Caresource Indiana Inc Dayton, OH | $434,368,652 | $990,208,142 |
Driscoll Childrens Health Plan Corpus Christi, TX | $460,782,364 | $1,055,125,455 |
Global Health Solutions Inc Decatur, GA | $0 | $961,202,345 |
Baptist Health Little Rock, AR | $1,838,433,342 | $1,059,132,631 |
Woodmen Of The World Life Insurance Society Omaha, NE | $11,463,649,522 | $1,020,619,814 |