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STATE CHARTERED CREDIT UNION NATCHEZ-ADAMS EDUCATORS CREDIT UNION

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Public IRS 990 nonprofit record

STATE CHARTERED CREDIT UNION NATCHEZ-ADAMS EDUCATORS CREDIT UNION

EIN 64-6023786

What they do

to PROMOTE THRIFT, to ISSUE SHARES or MAINTAIN DEPOSITS AS SET FORTH IN THE BY-LAWS of SAID CREDIT UNION, to MAKE LOANS to ITS MEMBERS AT REASONABLE RATES of INTEREST, to INVEST ANY SURPLUS NOT REQUIRED for LOANS to MEMBERS IN THE WAY and MANNER PROVIDED BY LAW, to EXERCISE THOSE FUNCTIONS DESCRIBED IN THE LAWS of THE STATE of MISSISSIPPI and THE RULES and REGULATIONS of THE DEPARTMENT of BANKING and CONSUMER FINANCE.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2016The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$107.48spent for every $100 of revenueSpending was higher than revenue this year.
$16.58in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $6,248 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $18,900 for TERESA FORD (MANAGER/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2016

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$83,480
Expenses$89,728
Annual shortfall $6,248 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$83,480
Expenses$89,728
Assets$1,487,995
Accounting fees$127
People

Leadership and board

Tax year 2016

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
TERESA FORDMANAGER/CEO · 24 hrs/week $18,900

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (13)

TERESA FORDMANAGER/CEO

CASSANDRA TENNESSEECREDIT COMMITTEE CHAIRPERS

DENISE FORDBOARD MEMBER

DONNA WELLBORNBOARD MEMBER

ESTHER MACKELSUPERVISORY COMMITTEE CHAI

IRIS MYLESSUPERVISORY COMMITTEE MEMB

LINDA GRAFTONSECRETARY

LORENE MOCKCHAIRPERSON

NICK PETERMANBOARD MEMBER

PHYLLIS LEWELLYNSUPERVISORY COMMITTEE MEMB

SHANTOURA SPEARSCREDIT COMMITTEE MEMBER

SHEILA HICKINBOTTOMVICE-CHAIRPERSON

YAMIKA THOMASTREASURER

About this charity

Recognized since
January 2017
Location
10 HOMOCHITTO ST, NATCHEZ, MS 39120-3996
County
Adams
In care of
TERESA FORD
Primary officer
TERESA FORD, MANAGER

How to reach them

Filing and classification

Latest tax year
2016
Tax period began
January 1, 2016
Return type
990
Tax preparer
SILAS SIMMONS LLP

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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