Central Missouri Community Credit Union
- Assets
- $139.9m
- Revenue
- $6.8m
- Investments
- $41.1m
- Employees
- 54
- Location
- Warrensburg, MO
- Founding
- Data as of
- 12/2022
- EIN
- 44-0666515
Organization Overview
Central Missouri Community Credit Union is located in Warrensburg, MO. As of 12/2022, Central Missouri Community Credit Union employed 54 individuals. Central Missouri Community 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, Central Missouri Community Credit Union generated $6.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $6.6m during the year ending 12/2022. While expenses have increased by 3.3% 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.
Form
990
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 15,385 MEMBERS.
PROVIDES A SOURCE OF CREDIT TO MEMBERS AT A FAIR AND REASONABLE RATE OF INTEREST. AS OF DECEMBER 31, 2022, THERE WERE 6,157 LOANS OUTSTANDING TOTALING $81,106,324.
PAID DIVIDENDS ON MEMBER DEPOSITS TOTALING $207,269 FOR THE YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol White President/ceo | Officer | 40 | $125,625 |
Penny Dady Vice President | Officer | 40 | $101,504 |
Marva Carney Chief Financial Officer | Officer | 40 | $97,192 |
R Cole Noble Secretary | Trustee | 1 | $0 |
Darlen Collins Board Member | Trustee | 1 | $0 |
Michelle Muin Treasurer | Trustee | 1 | $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 | $6,303,796 |
| Investment income | $487,151 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $24,734 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,925 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,819,606 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $383,894 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,572,110 |
| Pension plan accruals and contributions | $28,266 |
| Other employee benefits | $321,304 |
| Payroll taxes | $274,113 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,893 |
| Fees for services: Accounting | $55,740 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $961,834 |
| Advertising and promotion | $91,941 |
| Office expenses | $619,295 |
| Information technology | $947,746 |
| Royalties | $0 |
| Occupancy | $216,752 |
| Travel | $5,856 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,563 |
| Interest | $23,167 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $211,410 |
| Insurance | $54,678 |
| All other expenses | $22,039 |
| Total functional expenses | $6,604,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,584,009 |
| Savings and temporary cash investments | $3,839,209 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $2,272,969 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $80,929,620 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $273,645 |
| Net Land, buildings, and equipment | $8,460,688 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $41,085,220 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $465,425 |
| Total assets | $139,910,785 |
| Accounts payable and accrued expenses | -$156,509 |
| 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 | $4,000,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $126,730,327 |
| Total liabilities | $130,573,818 |
| 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 | $9,336,967 |
| Total liabilities and net assets/fund balances | $139,910,785 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Central Missouri Community Credit Union has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
National Credit Union Foundation Inc Madison, WI PURPOSE: BIZ KID$ TEACHER TRAINING AND ENTREPRENEUR GRANT | $8,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Sholom Home East Inc St Paul, MN | $55,805,227 | $20,264,604 |
Leavenworth-Jefferson Electric Cooperative Inc Topeka, KS | $0 | $20,178,550 |
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Association Of Former Students Of Texas A & M University College Station, TX | $202,537,498 | $46,927,604 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Dow Rummel Village Sioux Falls, SD | $76,421,386 | $18,523,416 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |
Rush Care Inc Meridian, MS | $36,015,536 | $16,929,322 |
Parking Facilities Corporation New Orleans, LA | $111,215,099 | $14,747,604 |
Duke Integrated Network Inc Durham, NC | $2,381,377 | $12,476,427 |