Navigator Credit Union

Organization Overview

Navigator Credit Union is located in Pascagoula, MS. The organization was established in 1970. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Navigator Credit Union employed 188 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Navigator 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 12/2023, Navigator Credit Union generated $31.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $25.8m during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 9 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

MEMBER-OWNED, STATE-CHARTERED CREDIT UNION

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN OUR EFFORTS TO PROMOTE THRIFT AMONG OUR MEMBERS, THE CREDIT UNION PROVIDES COMPETITIVE SAVINGS PRODUCTS, WHICH INCLUDE SAVINGS, CHECKING, MONEY MARKET, CERTIFICATES OF DEPOSIT ACCOUNTS AS WELL AS IRA SAVINGS AND CERTIFICATES OF DEPOSIT ACCOUNTS.


TO MEET THE FINANCIAL NEEDS OF OUR MEMBERS, THE CREDIT UNION PROVIDES A SOURCE OF CREDIT BY OFFERING A VARIETY OF CONSUMER AND MORTGAGE LENDING PRODUCTS AT REASONABLE RATES OF INTEREST.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Cynthia Bowles
Secretary
$0
Carlos Lett
Vice Chairman
$0
Tommy Leonard
Chairman
$0
Dorothy Todd
Director
$0
Richard Schenk
Director
$0
Chris Hudson
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Jack Henry & Associates
Computer Software & Support
$625,753
Cspire
Communications
$537,744
Dolphin Debit Access Llc
Atm Services
$323,421
Quality Data Systems
Cdm/itm
$288,715
Bank-tec South
Bank Equipment/servicing
$223,220
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$14,458,836
Investment income $4,312,115
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 $31,083,422

Peer Organizations

Organization NameAssets
Corporate America Credit Union
Irondale, AL
$143,115,069
Knoxville Tva Employees Credit Unio
Knoxville, TN
$170,977,094
Volunteer Corporate Credit Union
Nashville, TN
$118,810,831
State Chartered Credit Unions In Louisiana
Baton Rouge, LA
$78,349,133
Avadian Credit Union
Birmingham, AL
$76,914,615
Alabama Credit Union
Tuscaloosa, AL
$76,294,666
Max Credit Union
Montgomery, AL
$81,267,225
Apco Credit Union
Birmingham, AL
$88,615,377
Leaders Credit Union
Jackson, TN
$75,354,463
Listerhill Credit Union
Sheffield, AL
$65,807,803
Guardian Credit Union
Montgomery, AL
$62,110,372
Family Savings Credit Union
Rainbow City, AL
$50,899,243
Five Star Credit Union
Dothan, AL
$44,908,248
First South Financial Credit Union
Bartlett, TN
$40,066,306
Southeast Financial Credit Union
Franklin, TN
$29,260,817
Family Security Credit Union
Decatur, AL
$43,290,857
Navigator Credit Union
Pascagoula, MS
$31,083,422
Emblem Credit Union
Gadsden, AL
$28,308,124
Jefferson Financial Federal Credit Union
Metairie, LA
$24,511,023
Memphis City Employees Credit Union
Memphis, TN
$23,689,199
Alabama State Employees Credit Union
Montgomery, AL
$23,220,315
The Tennessee Credit Union
Nashville, TN
$19,477,558
Cornerstone Financial Credit Union
Nashville, TN
$23,967,218
U S Community Credit Union
Nashville, TN
$19,517,866
Winsouth Credit Union
Gadsden, AL
$20,131,767

Create an account to unlock the data you need.

or