Mazuma Credit Union is located in Overland Park, KS. As of 12/2021, Mazuma Credit Union employed 238 individuals. Mazuma 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 12/2021, Mazuma Credit Union generated $50.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $36.3m during the year ending 12/2021. While expenses have increased by 2.2% 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.
Since 2017, Mazuma Credit Union has awarded 20 individual grants totaling $231,950. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A NON-FOR-PROFIT CREDIT UNION SERVING THE COMMUNITIES OF CASS, JACKSON AND CLAY COUNTIES IN MISSOURI AND JOHNSON AND WYANDOTTE COUNTIES IN KANSAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING DEPOSIT SERVICES FOR 71,658 MEMBERS
PROVIDING LOAN SERVICES FOR 33,697 MEMBERS
PROVIDE CHECKING ACCOUNT AND TRANSACTION SERVICES AND ACCOUNT SERVICES FOR 39,533 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Deonne Christensen CEO | Officer | 45 | $440,077 |
Daniel Engelhard Clo | Officer | 45 | $232,869 |
Justin Mouzoukos CFO | Officer | 45 | $228,553 |
Brad Rein Cio | Officer | 45 | $214,598 |
Michelle Wood Cco | Officer | 45 | $207,591 |
Sereptha J Helm Chief Member Officer | Officer | 45 | $196,215 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Technology Group Solutions Tech Augmentation | 12/30/21 | $678,967 |
Jack Henry & Associates Core System | 12/30/21 | $654,642 |
Lineage Mail Services Mail Processing And Statement Printing | 12/30/21 | $293,350 |
Hydeman Company Branch Equipment | 12/30/21 | $367,092 |
Converge One Inc Technology Solutions | 12/30/21 | $299,284 |
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 | $48,189,744 |
Investment income | $2,003,562 |
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 | $50,193,306 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
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. | $1,959,447 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,061,559 |
Pension plan accruals and contributions | $468,299 |
Other employee benefits | $2,217,914 |
Payroll taxes | $771,768 |
Fees for services: Management | $722,786 |
Fees for services: Legal | $270,252 |
Fees for services: Accounting | $122,546 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $174,834 |
Fees for services: Other | $760,137 |
Advertising and promotion | $881,103 |
Office expenses | $1,047,013 |
Information technology | $2,423,237 |
Royalties | $0 |
Occupancy | $585,945 |
Travel | $14,518 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $77,958 |
Interest | $3,881,265 |
Payments to affiliates | $134,493 |
Depreciation, depletion, and amortization | $1,961,598 |
Insurance | $114,949 |
All other expenses | $1,128,801 |
Total functional expenses | $36,328,403 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,741,712 |
Savings and temporary cash investments | $85,157,465 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $14,048,731 |
Loans from Officers, Directors, or Controlling Persons | $3,107,796 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $639,774,244 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $736,000 |
Net Land, buildings, and equipment | $27,848,703 |
Investments—publicly traded securities | $89,834,886 |
Investments—other securities | $3,714,488 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $25,913,330 |
Total assets | $896,877,355 |
Accounts payable and accrued expenses | $12,718,096 |
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 | $53,700,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $734,427,925 |
Total liabilities | $800,846,021 |
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 | $96,031,334 |
Total liabilities and net assets/fund balances | $896,877,355 |
Over the last fiscal year, Mazuma Credit Union has awarded $100,250 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Kansas City, MO PURPOSE: CHARITABLE CONTRIBUTION | $100,000 |
Overland Park, KS PURPOSE: CHARITABLE CONTRIBUTION | $250 |
Over the last fiscal year, we have identified 1 grants that Mazuma Credit Union has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Heartland Credit Union Charitable Foundation Inc St Louis, MO PURPOSE: FINANCIAL WELLNESS GRANT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
American Dental Association Chicago, IL | $257,052,700 | $138,597,450 |
Seiu Local 1 & Participating Employers Health Trust Chicago, IL | $156,543,336 | $132,715,763 |
St Marys Hospital Ozaukee Inc St Louis, MO | $0 | $119,639,290 |
Community Food Bank Inc Tucson, AZ | $56,197,038 | $127,317,393 |
American College Of Surgeons Chicago, IL | $595,958,812 | $134,561,979 |
Tarrant Area Food Bank Fort Worth, TX | $50,743,185 | $143,106,183 |
Ascension Medical Group Promed St Louis, MO | $11,680,037 | $91,054,014 |
Campbellsville University Inc Campbellsville, KY | $197,242,279 | $142,326,474 |
Longmont United Hospital Longmont, CO | $214,203,834 | $134,718,375 |
Harding University Searcy, AR | $405,616,863 | $135,462,423 |
El Paso Childrens Hospital Corporation El Paso, TX | $72,914,355 | $147,152,707 |
Wellmont Medical Associates Inc Johnson City, TN | $20,115,154 | $123,355,433 |