Health Systems Credit Union
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greeneville, TN
- Founding
- 06/1952
- Data as of
- 09/2020
- EIN
- 62-0676679
Organization Overview
Health Systems Credit Union is located in Greeneville, TN. The organization was established in 1952. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. Health Systems 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 09/2020, Health Systems Credit Union generated $136.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (16.3%) each year. All expenses for the organization totaled $166.4k during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (22.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PROVIDE LOAN SERVICES TO MEMBERS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $84,931 |
| Membership dues | $0 |
| Investment income | $35,511 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $16,022 |
| Total Revenue | $136,464 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,140 |
| Professional fees and other payments to independent contractors | $63,587 |
| Occupancy, rent, utilities, and maintenance | $31,504 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,210 |
| Total expenses | $166,441 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |