Johnsonville Tva Employees Credit U
- Assets
- $144.3m
- Revenue
- $5.4m
- Investments
- $11.3m
- Employees
- 36
- Location
- Camden, TN
- Founding
- 06/1952
- Data as of
- 12/2022
- EIN
- 62-0678664
Organization Overview
Johnsonville Tva Employees Credit U is located in Camden, TN. The organization was established in 1952. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Johnsonville Tva Employees Credit U employed 36 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Johnsonville Tva Employees Credit U 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, Johnsonville Tva Employees Credit U generated $5.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $3.9m during the year ending 12/2022. While expenses have increased by 4.5% 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
CREDIT UNION - TO PROVIDE FINANCIAL SERVICES FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CREDIT UNION PROVIDED A VARIETY OF LOAN SERVICES FOR ITS MEMBERS.
THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS.
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 |
|---|---|---|---|
Michael Warren Manager/ceo | Officer | 40 | $100,707 |
John Bond Vp/finance | Officer | 40 | $91,234 |
Teena Barnett Assistant Ma | Officer | 40 | $72,913 |
Raymond A Barnes Bd Vp/sc Mem | OfficerTrustee | 1 | $0 |
Jerry Damesworth Bod Presiden | OfficerTrustee | 1 | $0 |
Sherry Beasley Bod Member/ | OfficerTrustee | 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 | $3,985,498 |
| Investment income | $452,537 |
| 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 | $5,400,399 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,331,860 |
| Pension plan accruals and contributions | $230,608 |
| Other employee benefits | $178,610 |
| Payroll taxes | $98,602 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Office expenses | $214,343 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $112,875 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,844 |
| Interest | $248,127 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $55,536 |
| Total functional expenses | $3,942,936 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,451,943 |
| Savings and temporary cash investments | $32,212,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $86,297,625 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,589,907 |
| Net Land, buildings, and equipment | $1,085,945 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $11,289,452 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,417,620 |
| Total assets | $144,344,492 |
| Accounts payable and accrued expenses | $373,564 |
| 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 | $125,203,518 |
| Total liabilities | $125,577,082 |
| 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 | $18,767,410 |
| Total liabilities and net assets/fund balances | $144,344,492 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hampton Roads Educational Telecommunications Association Inc Norfolk, VA | $32,040,229 | $13,882,168 |
St Louis Regional Public Media Inc St Louis, MO | $26,775,325 | $12,788,840 |
Public Television 19 Inc Kansas City, MO | $18,158,327 | $13,527,106 |
Tva Community Credit Union Muscle Shoals, AL | $393,706,380 | $12,113,228 |
Gateway Creative Broadcasting Inc St Louis, MO | $19,428,346 | $7,335,279 |
Nashville Public Television Inc Nashville, TN | $12,793,637 | $7,603,671 |
Kentucky Educational Television Foundation Inc Lexington, KY | $11,286,111 | $8,939,208 |
The Source For Learning Inc Reston, VA | $77,116,189 | $9,603,490 |
Johnsonville Tva Employees Credit U Camden, TN | $144,344,492 | $5,400,399 |
Blue Ridge Public Television Roanoke, VA | $5,643,633 | $3,346,283 |
Arkansas Educational Telecommunications Network Fdn Conway, AR | $10,223,173 | $4,896,981 |
East Tennessee Public Communications Corporation Knoxville, TN | $6,653,863 | $3,794,703 |