st louis community credit union is located in st louis, MO. As of 12/2022, st louis community credit union employed 217 individuals. st louis community 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 12/2022, st louis community credit union generated $30.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $27.1m during the year ending 12/2022. While expenses have increased by 3.9% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
VOLUNTARY COOPERATIVE NON-PROFIT CREDIT UNION PROVIDING A SOURCE OF CREDIT AT A FAIR & REASONABLE RATE OF INTEREST EARNINGS SAVINGS FINANCIAL BENEFITS & SERVICES TO OUR MEMBERS AND AN OPPORTUNITY TO IMPROVE THEIR ECONOMIC & SOCIAL CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISCOVERING OPPORTUNITIES TO SERVE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Brooks Director | Trustee | 1 | $0 |
Gerald Brooks Director | Trustee | 1 | $0 |
Timothy Butler Director | Trustee | 1 | $0 |
Susan Katzman Director | Trustee | 1 | $0 |
Kamarrah Killion Director | Trustee | 1 | $0 |
Kurt Mueller Director | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $826,265 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $886,265 |
| Total Program Service Revenue | $26,739,626 |
| Investment income | $2,796,822 |
| 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 | $30,422,713 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,384,376 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,201,377 |
| Pension plan accruals and contributions | $67,087 |
| Other employee benefits | $1,825,313 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $115,297 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $346,286 |
| Office expenses | $5,778,455 |
| Information technology | $1,116,080 |
| Royalties | $0 |
| Occupancy | $972,368 |
| Travel | $24,173 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,229 |
| Payments to affiliates | $1,491,268 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $27,146,271 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,904,802 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,546,325 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $194,783,907 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,393,387 |
| Net Land, buildings, and equipment | $13,791,282 |
| Investments—publicly traded securities | $137,679,736 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,042,350 |
| Total assets | $404,141,789 |
| Accounts payable and accrued expenses | $13,484,495 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $349,477,998 |
| Total liabilities | $362,962,493 |
| 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 | $41,179,296 |
| Total liabilities and net assets/fund balances | $404,141,789 |
Over the last fiscal year, st louis community credit union has awarded $245,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MARY RYDER HOME PURPOSE: general support | $15,000 |
MARIAN MIDDLE SCHOOL PURPOSE: general support | $35,000 |
URBAN LEAGUE PURPOSE: general support | $20,000 |
PROSPERITY CONNECTION PURPOSE: general support | $175,000 |