Columbia Credit Union

Organization Overview

Columbia Credit Union is located in Columbia, MO. As of 12/2021, Columbia Credit Union employed 13 individuals. Columbia 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, Columbia Credit Union generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 1.6% 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

TO SERVE THE FINANCIAL NEEDS OF OUR MEMBERS IN A SOUND, COMPETITIVE STRUCTURE WHILE MAINTAINING A REALISTIC ATTITUDE TOWARD FUTURE GROWTH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE THRIFT AMONG ITS MEMBERS, BY AFFORDING THEM AN OPPORTUNITY FOR ACCUMULATING THEIR SAVINGS; TO CREATE FOR THEM A SOURCE OF CREDIT AT FAIR & REASONABLE RATES OF INTEREST; TO PROVIDE THE OPPORTUNITY FOR THE MEMBERS TO USE AND CONTROL THEIR MONEY FOR THEIR MUTUAL BENEFIT; TO EDUCATE MEMBERS IN THE PRUDENT USE OF MONEY & CREDIT; TO OPERATE IN THE SPIRIT OF COOPERATION - NOT FOR PROFIT; TO IMPROVE THE COMMUNITY IN WHICH IT OPERATES, AND TO PROVIDE OTHER FISCAL & FINANCIAL SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Jennifer Heath
Credit Union
$154,176
Jennifer Archuleta
Operations M
$78,635
Shara Meyer
Vice Chair
$0
Keith Wilson
Board Member
$0
Susie Sapp
Board Member
$0
Richard Cole
Treasurer
$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$1,125,639
Investment income $14,807
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $33,795
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 $1,470,678

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