Goetz Credit Union

Organization Overview

Goetz Credit Union is located in St Joseph, MO. As of 12/2022, Goetz Credit Union employed 13 individuals. Goetz 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 12/2022, Goetz Credit Union generated $4.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $3.7m during the year ending 12/2022. While expenses have increased by 10.1% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HIGH QUALITY FINANCIAL SERVICES FOR OUR MEMBERS/OWNERS, ENHANCING THEIR FINANCIAL WELL-BEING WHILE MAINTAINING THE FINANCIAL STRENGTH OF THE CREDIT UNION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDES FINANCIAL AND FINANCIALLY RELATED SERVICES TO 12,574 MEMBERS.


PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2022, LOANS OUTSTANDING TOTALED $56,553,587, INCLUDING PARTICIPATION LOANS.


PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $382,466 FOR THE YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Sonda Davidson
President
$177,819
Leonard Amos
Chairman
$0
Kelly Welch
Director
$0
Fred Allen
Vice Chairman
$0
Kenneth Bryson
Director
$0
Greg Logan
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$4,346,534
Investment income $154,151
Tax Exempt Bond Proceeds $0
Royalties $15,473
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 $4,516,158

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