United Credit Union
- Assets
- $263.9m
- Revenue
- $15.0m
- Investments
- $33.8m
- Employees
- 120
- Location
- Mexico, MO
- Founding
- Data as of
- 12/2021
- EIN
- 43-0300770
Organization Overview
United Credit Union is located in Mexico, MO. As of 12/2021, United Credit Union employed 120 individuals. United 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, United Credit Union generated $15.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $12.1m during the year ending 12/2021. While expenses have increased by 6.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING FINANCIAL SUCCESS ONE MEMBER AT A TIME
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 26,550 MEMBERS.
PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2021, THERE WERE 83,004 LOANS OUTSTANDING TOTALING $172,741,635.
PAID DIVIDENDS AND INTEREST ON MEMBER DEPOSITS TOTALING $525,231 FOR THE YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brent Sadler CEO | Officer | 40 | $288,086 |
Donna Evans Evp | Officer | 40 | $160,548 |
Kimberley Riffe CFO | Officer | 40 | $125,103 |
Heather Dement VP - Operations | Officer | 40 | $99,372 |
Melisa Ahrens VP - Human Resources | Officer | 40 | $89,292 |
Christopher Denham Secretary | Trustee | 1 | $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 | $14,706,810 |
| Investment income | $378,292 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $57,140 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$142,629 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,999,613 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $921,015 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,536,994 |
| Pension plan accruals and contributions | $377,519 |
| Other employee benefits | $604,034 |
| Payroll taxes | $330,438 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,610 |
| Fees for services: Accounting | $46,505 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,650 |
| Fees for services: Other | $2,059,380 |
| Advertising and promotion | $138,152 |
| Office expenses | $863,685 |
| Information technology | $548,995 |
| Royalties | $0 |
| Occupancy | $337,218 |
| Travel | $21,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,519 |
| Interest | $1 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $490,326 |
| Insurance | $84,489 |
| All other expenses | $161,279 |
| Total functional expenses | $12,056,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,605,064 |
| Savings and temporary cash investments | $33,180,408 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $172,387,638 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $877,905 |
| Net Land, buildings, and equipment | $7,246,878 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $33,820,457 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,768,886 |
| Total assets | $263,887,236 |
| Accounts payable and accrued expenses | $4,375,508 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $62,719 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $232,617,084 |
| Total liabilities | $237,055,311 |
| 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 | $26,831,925 |
| Total liabilities and net assets/fund balances | $263,887,236 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-America Nazarene University Olathe, KS | $55,334,319 | $63,656,687 |
Adler University Chicago, IL | $54,030,129 | $55,024,940 |
Cornerstones Of Care Kansas City, MO | $33,252,192 | $62,036,711 |
Foodbank For The Heartland Omaha, NE | $18,090,007 | $45,859,600 |
Oneworld Community Health Centers Inc Omaha, NE | $55,753,804 | $50,338,832 |
Southlake Tri-City Management Corp Merrillville, IN | $41,327,791 | $57,011,175 |
Indiana Organ Procurement Organization Inc Indianapolis, IN | $65,218,746 | $57,064,127 |
Franklin College Of Indiana Franklin, IN | $160,839,660 | $64,884,316 |
Horizon Development Properties Inc Charlotte, NC | $420,836,852 | $43,904,469 |
Vivent Health Inc Milwaukee, WI | $84,987,861 | $66,654,563 |
Donald Danforth Plant Science Center Saint Louis, MO | $503,520,795 | $58,321,490 |
Wheaton Franciscan Healthcare - Southeast Wisconsin Inc St Louis, MO | $170,280,677 | $49,335,705 |