State Chartered Credit Unions In Mississippi, East Central Mississippi Credit Uni in Newton, Mississippi (MS)

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State Chartered Credit Unions In Mississippi, East Central Mississippi Credit Uni
Employer Identification Number (EIN)640541786
Name of OrganizationState Chartered Credit Unions In Mississippi
Secondary NameEast Central Mississippi Credit Uni
AddressPO BOX 5, Newton, MS 39345-0005
ActivitiesCredit union
SubsectionCredit Union
Ruling Date12/1942
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationAssociation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$4,920,853
Amount of Income$410,950
Form 990 Revenue Amount$410,950


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$410,950
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$141,846
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$20,520
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$248,584
Statement of Functional Expenses (for 2011)
Total functional expenses$384,752
Compensation of current officers, directors, trustees, and key employees$50,000
Other salaries and wages$86,497
Payroll taxes$11,255
Professional fundraising services$0
Other$237,000
Balance Sheet (for 2011)
Total assets$4,920,853
Total liabilities$4,298,056
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$4,298,056
Total net assets or fund balances$622,797
Retained earnings, endowment, accumulated income, or other funds$568,460
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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