1. Directory
  2. Tennessee
  3. Calhoun
  4. Bowater Employees Credit Union
EIN 62-0553259

Bowater Employees Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
74
City
Calhoun
State
Tennessee
Year formed
1954
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
To provide convenient, cost effective financial services by offering products that are efficient and responsive to our members’ changing needs.
Related structure
Bowater Employees Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Tennessee.
Total revenues
$15,164,063
2023
Total expenses
$12,148,612
2023
Total assets
$255,580,708
2023
Num. employees
74
2023

Program areas at Bowater Employees Credit Union

Operated during 2023 as a state chartered Credit Union that is mutually owned by 19,491 members to promote thrift issue shares and maintain accounts and make loans to our members. Funds not needed for liquidity or for loans are temporarily invested. All of our revenues and expenses are related to this purpose.

Personnel at Bowater Employees Credit Union

NameTitleCompensation
Matthew HoldenChief Executive Officer$182,368
Lakota PierceChief Financial Officer
Glenna W PritchettVice President Accounting Chief Financial Officer / Vice President Accountingcf
Denley C HinesPast Vice President Accountingcf / Vice President Accountingc / President Chief Executive Officer$276,110

Financials for Bowater Employees Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$15,164,063
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$15,164,063

Form 990s for Bowater Employees Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-27990View PDF
2022-122023-04-26990View PDF
2021-122022-04-28990View PDF
2020-122021-06-30990View PDF
2019-122020-09-17990View PDF
...and 11 more Form 990s

Organizations like Bowater Employees Credit Union

OrganizationLocationRevenue
Scenic Community Credit Union (SCCU)Hixson, TN$6,491,428
Northeast Community Credit UnionElizabethton, TN$8,780,666
First South Financial Credit UnionBartlett, TN$40,066,306
Memphis City Employees Credit UnionMemphis, TN$23,689,199
Enbright Credit UnionNashville, TN$5,752,121
Heritage South Community CuShelbyville, TN$19,988,135
The Tennessee Credit Union (TTCU)Nashville, TN$14,793,248
Southeast Financial Credit UnionFranklin, TN$24,888,572
Holley Credit UnionParis, TN$4,426,253
Kimberly Clark Credit UnionMemphis, TN$7,706,688
Data update history
February 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 3, 2023
Updated personnel
Identified 1 new personnel
May 19, 2023
Updated personnel
Identified 8 new personnel
October 16, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 359
Calhoun, TN 37309
Metro area
Cleveland, TN
County
McMinn County, TN
Website URL
bowaterecu.org/ 
Phone
(866) 285-4215
Facebook page
BowaterEmployeesCreditUnion 
Twitter profile
@bowaterecu 
IRS details
EIN
62-0553259
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1954
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
Child within group exemption
Free account sign-up

Want updates when Bowater Employees Credit Union has new information, or want to find more organizations like Bowater Employees Credit Union?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy