NonprofitsMunicipal Employees Credit Union Of Oklahoma City

Municipal Employees Credit Union Of Oklahoma City

OKLAHOMA CITY, OK

Total revenue

$9.2M

Total expenses

$9.0M

Net assets

$15.8M

Grants received

EIN

730366010

Tax year

2024

Mission

Municipal employees credit union of okc provides prudent and productive financial services to our membership while maintaining a sound financial institution.

Programs

2 programs

Investment interest income funds provide higher or more competitive interest rates members earn on their deposits thus encouraging more savings, as well as a liquidity source for the credit union.

Overdraft privilege - through this program, we will pay a member's check instead of returning the item when their account has a negative balance. The credit union still charges a $30 fee per item just as they would if the check was returned, however, by paying the check the member avoids a fee from the merchant. The credit union has policies in place that qualifies a member for this service.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$5.9M
Investment income$1.3M
Other revenue$2.0M
Total revenue$9.2M

Expenses

Grants paid
Salaries & benefits$3.2M
Fundraising
Other expenses$5.8M
Total expenses$9.0M
Total assets$165.1M
Net assets$15.8M

People

12 listed

NameRoleCompensation

JOHN CUMMINGS

PRESIDENT/CEO

Board

$211K

40 hrs/wk

JE'NEIL TORRES

SR. VICE PRESIDENT OF FINANCE

Board

$147K

40 hrs/wk

JOSE HERNANDEZ

BOARD SECRETARY

Board

0.5 hrs/wk

RENITA CRUMP

BOARD MEMBER

Board

0.5 hrs/wk

TOMMY FOSKIN

BOARD MEMBER

Board

0.5 hrs/wk

WILEY WILLIAMS

CHAIRMAN

Board

0.5 hrs/wk

WB SMITH

BOARD MEMBER

Board

0.5 hrs/wk

LASHAWN THOMPSON

BOARD MEMBER

Board

0.5 hrs/wk

RANDY SCOTT

BOARD MEMBER

Board

0.5 hrs/wk

DEXTER NELSON

VICE CHAIRMAN

Board

0.5 hrs/wk

JOEVAN BULLARD

BOARD TREASURER

Board

0.5 hrs/wk

ADONA HATFIELD

VICE PRESIDENT OF COMPLIANCE

Staff

$130K

40 hrs/wk

Independent contractors

EVANS BUILDING CONCEPTS INC

CONSTRUCTION SERVICES

$402K

OASIS TECHNOLOGIES INC

IT SERVICES

$238K

LYTLE SOULE & CURLEE

LEGAL SERVICES

$144K

ARROW MARKETING

SOCIAL MEDIA SERVICES

$128K

BROOKLYN TURNER CONSULTING LLC

MARKETING CONSULTING

$127K

Details

EIN730366010
Subsection14
Ruling date1968-10
Formed1934
Employees51
Volunteers9
MUNICIPAL EMPLOYEES CREDIT UNION OF OKLAHOMA CITY — Mission, Financials & Grants Received | Grantivo