CSCharityScored
69

Mcdowell Cornerstone Credit Union

Other · Marion, North Carolina

Po Box 519, Marion, NC 28752-0519

EIN: 566077585· Founded: Aug 1969· 57 years active· Filing Year: 2023

Annual Revenue

$1.4M

Total Expenses

$1.3M

Total Assets

$34.4M

Program Spending

63%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$172K

13.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$261K

Total Payroll

$433K

35% of total expenses

Where the Money Goes

63%
Programs: 63%
Payroll: 35%
Other overhead: 37%
Program Revenue$790K (58%)
Total Expenses$1.3M (93%)
Payroll$433K (35%)
Overhead (non-program)37%

Trust Score Breakdown

Program Spending Ratio

63% of expenses go to programs

40%

Revenue & Stability

$1.4M annual revenue

15%

Executive Compensation

$172K total officer comp (13.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$34.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.