Assemblies Of God Credit Union

Organization Overview

Assemblies Of God Credit Union is located in Springfield, MO. As of 12/2021, Assemblies Of God Credit Union employed 63 individuals. Assemblies Of God 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, Assemblies Of God Credit Union generated $15.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $11.7m during the year ending 12/2021. While expenses have increased by 5.7% 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 2014, Assemblies Of God Credit Union has awarded 51 individual grants totaling $605,900. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE QUALITY, EFFICIENT AND PROFESSIONAL SERVICES TO MEET OUR MEMBERS' FINANCIAL NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VOLUNTARY, COOPERATIVE, NONPROFIT SAVINGS INSTITUTION WHICH ENCOURAGES THRIFT AMONG APPROXIMATELY 20,000 MEMBERS BY PROVIDING CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST AND PROVIDING AN OPPORTUNITY TO IMPROVE THEIR ECONOMIC CONDITION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jack Henry & Associates
Data Processing
$193,563
Federal Protection
Security
$132,815
View All Vendors

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$14,601,369
Investment income $472,981
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$79,535
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,994,815

Grants Awarded

Over the last fiscal year, Assemblies Of God Credit Union has awarded $110,000 in support to 7 organizations.

Grant RecipientAmount

GLOBAL UNIVERSITY

Org PageRecipient Profile

Springfield, MO

PURPOSE: SCHOLARSHIPS

$20,000

EVANGEL UNIVERSITY

Org PageRecipient Profile

Springfield, MO

PURPOSE: SCHOLARSHIPS

$20,000

CONVOY OF HOPE

PURPOSE: DISASTER RELIEF

$20,000

SOUTHWESTERN ASSEMLIES OF GOD UNIVERSITY

Org PageRecipient Profile

Waxahachie, TX

PURPOSE: SCHOLARSHIPS

$20,000

ASSEMBLIES OF GOD THEOLOGICAL SEMINARY

Org PageRecipient Profile

Springfield, MO

PURPOSE: SCHOLARSHIPS

$10,000

Springfield, MO

PURPOSE: SEASON OF GIVING CAMPAIGN

$10,000
View Grant Profile

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