St Louis Newspaper Carriers Credit

Organization Overview

St Louis Newspaper Carriers Credit is located in Fenton, MO. The organization was established in 0000. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Louis Newspaper Carriers Credit 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 Newspaper Carriers Credit generated $597.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $672.6k during the year ending 12/2022. While expenses have increased by 8.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SAVINGS AND CREATE A BORROWING SOURCE FOR OUR MEMBERS WITH FAIR INTEREST RATES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 519 MEMBERS.


PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2022, THERE WERE 242 LOANS OUTSTANDING TOTALING $19,813,915.


PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $494,189 FOR THE YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Dennis Dummerth
Manager
$67,875
Paul Lewandowski
President
$0
Dale Dummerth
Secretary
$0
Jennifer Ramsey
Vice President
$0
Sally Maguire
Treasurer
$0
David Ingenbohs
Director
$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$548,475
Investment income $48,979
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 $597,454

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