Credit Unions Chartered In The State Of Utah
- Assets
- $264.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 07/1956
- Data as of
- 12/2023
- EIN
- 87-0402973
Organization Overview
Credit Unions Chartered In The State Of Utah is located in Salt Lake City, UT. The organization was established in 1956. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Credit Unions Chartered In The State Of Utah 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 12/2023, Credit Unions Chartered In The State Of Utah generated $3.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $2.6k during the year ending 12/2023. While expenses have increased by 10.3% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS WERE GIVEN TO STUDENTS FOR TUITION TO VARIOUS UNIVERSITIES COLLEGES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Jackson President | 1 | $0 | |
Richard Beckstrand Vice President | 1 | $0 | |
Amy Driggs Secretary | 1 | $0 | |
Misti Milner Board Member | 1 | $0 | |
Janelle Christofferson Board Member | 1 | $0 | |
Steve Hopkins Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,656 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,656 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,588 |
| Total expenses | $2,588 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $264,596 |
| Other assets | $0 |
| Total assets | $264,597 |
| Total liabilities | $112,344 |
| Net assets or fund balances | $152,253 |