Autotruck Financial Credit Union
- Assets
- $196.5m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 55
- Location
- Louisville, KY
- Founding
- Data as of
- 12/2022
- EIN
- 61-0594797
Organization Overview
Autotruck Financial Credit Union is located in Louisville, KY. As of 12/2022, Autotruck Financial Credit Union employed 55 individuals. Autotruck Financial 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, Autotruck Financial Credit Union generated $9.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $8.3m during the year ending 12/2022. While expenses have increased by 6.1% per year over the past 6 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
AUTOTRUCK FINANCIAL CREDIT UNION IS A FINANCIAL INSTITUTION COOPERATIVE ORGANIZED TO PROVIDE LOAN AND DEPOSIT PRODUCTS AND SERVICES TO ITS MEMBER OWNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS A STATE CHARTERED MEMBER OWNED COOPERATIVE CREDIT UNION THAT PROVIDES FINANCIAL SERVICES AND PRODUCTS TO THE MEMBER OWNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Thompson Chief Executive Officer | Officer | 40 | $208,282 |
Jason Pendleton Executive Vice President | Officer | 40 | $109,791 |
Genia Gassaway Vice President Of Operations | Officer | 40 | $90,873 |
Jon Jones Vice President Finance | Officer | 40 | $94,831 |
Robert Owens Chairperson Of Board | Trustee | 1 | $0 |
Steven Stone Vice Chairperson Of Board | 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 | $8,214,837 |
| Investment income | $1,536,394 |
| 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 | $9,751,231 |
| 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. | $503,776 |
| Compensation of current officers, directors, key employees. | $356,936 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,737,863 |
| Pension plan accruals and contributions | $150,267 |
| Other employee benefits | $620,098 |
| Payroll taxes | $165,697 |
| Fees for services: Management | $33,117 |
| Fees for services: Legal | $9,553 |
| Fees for services: Accounting | $35,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $381,517 |
| Office expenses | $323,201 |
| Information technology | $390,938 |
| Royalties | $0 |
| Occupancy | $293,711 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $74,550 |
| Interest | $468,665 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $417,283 |
| Insurance | $117,290 |
| All other expenses | $20,098 |
| Total functional expenses | $8,332,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,700,167 |
| Savings and temporary cash investments | $51,412,957 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $564,639 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $75,527,598 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $141,614 |
| Net Land, buildings, and equipment | $11,223,294 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $48,048,469 |
| Intangible assets | $0 |
| Other assets | $6,887,635 |
| Total assets | $196,506,373 |
| Accounts payable and accrued expenses | $2,481,351 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $171,234,776 |
| Total liabilities | $173,716,127 |
| 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 | $22,790,246 |
| Total liabilities and net assets/fund balances | $196,506,373 |