EIN 43-1044975

Missouri Electric Cooperative Employees' Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
20
Year formed
1975
Most recent tax filings
2022-12-01
Description
Missouri Electric Cooperative Employees' Credit Union offers personalized financial services provided by a dedicated staff with successful results. It provides a source of credit to members at a fair and reasonable rate of interest, with 9,504 loans outstanding totaling $198,412,496 as of December 31, 2022. The credit union offers financial and financially related services to 12,455 members.
Total revenues
$10,181,059
2022
Total expenses
$6,789,754
2022
Total assets
$302,522,493
2022
Num. employees
20
2022

Program areas at Missouri Electric Cooperative Employees' Credit Union

Provides financial and financially related services to 12,455 members.
Paid dividends on member deposits totaling $2,753,428 for the year.
Provides a source of Credit to members at a fair and reasonable rate of interest. As of december 31, 2022, there were 9,504 loans outstanding totaling $198,412,496.

Personnel at Missouri Electric Cooperative Employees' Credit Union

NameTitleCompensation
Randy MarksPresident and Manager$245,383
Deven McDonaldOffice Manager$101,145

Financials for Missouri Electric Cooperative Employees' Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$8,185,421
Investment income and dividends$1,995,821
Tax-exempt bond proceeds$0
Royalty revenue$17,581
Net rental income$0
Net gain from sale of non-inventory assets$-17,764
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$10,181,059

Form 990s for Missouri Electric Cooperative Employees' Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-09990View PDF
2021-122022-08-03990View PDF
2020-122021-07-19990View PDF
2019-122020-09-09990View PDF
2018-122019-10-30990View PDF
...and 9 more Form 990s
Data update history
April 6, 2022
Posted financials
Added Form 990 for fiscal year 2020
April 25, 2021
Posted financials
Added Form 990 for fiscal year 2019
November 20, 2020
Updated personnel
Identified 9 new personnel
October 22, 2020
Used new vendors
Identified 1 new vendor, including
March 27, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Credit unions
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 1586
Jefferson City, MO 65101
Metro area
Jefferson City, MO
County
Cole County, MO
Website URL
mececu.com/ 
Phone
(573) 634-2595
IRS details
EIN
43-1044975
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
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