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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Memorial Credit Union

Memorial Credit Union

Fiscal year ending 2023. Filed on March 28, 2024.

6800 Longview Road
Chattanooga, Tennessee 37421

Memorial Credit Union (EIN: 62-0695369) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2023 IRS Form 990 filing, Memorial Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 2 out of 5 total employees. Among the employees shown here, the average compensation is $62,000. The highest compensated employee at Memorial Credit Union is Jennifer Ferris with fiscal year 2023 compensation of $74,000.

Revenue, expenses, and employee compensation

Revenue

$382,638

Expenses

$431,697

Employee compensation

$249,760
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jennifer Ferris
Chief Executive Officer
$74,000
$74,000 No related compNo other comp
Buffy Davis
Assistant Manager
$50,000
$50,000 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Benjamin Young
Board Member
David Diercks
Secretary
Gregory Boots
Vice Chair
Karen Sloan
Board Member
Kathryn Davis
Treasurer
Shaun Pope
Board Member and Supervisory Chair
Terry Taggart
Chair

Mission Statement

PROVIDE SERVICES FOR APPROXIMATELY 2500 MEMBERS IN FORM OF LOANS, TERM CERTIFICATES, SHARE DRAFT ACCOUNTS AND SAVINGS ACCOUNTS

Revisions to this organization profile

May 30, 2025:
2024 Memorial Credit Union 990 filed
March 28, 2024:
2023 Memorial Credit Union 990 filed
April 20, 2023:
2022 Memorial Credit Union 990 filed

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