LIFEWAY CREDIT UNIONPub 78
Pub 78
AI Summary
Lifeway Credit Union, established under the laws of Tennessee, operates with a mission to promote sound economic management by providing its members with reasonable interest loans, maintaining accounts, and issuing shares. With an operating budget of $2 million and total revenue of $1.8 million for the filing year 2024, the organization focuses on serving its members' financial needs without relying on a single funder for a majority of its revenue. More information can be found on their website at https://lifewaycu.org/.
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Mission Statement
THE PURPOSES OF THIS CREDIT UNION SHALL BE TO PROMOTE GOOD ECONOMIC MANAGEMENT, TO ISSUE SHARES AND MAINTAIN ACCOUNTS, TO MAKE LOANS TO ITS MEMEBERS AT RESONABLE RATES OF INTEREST FOR PRUDENT PURPOSES, TO INVEST ANY SURPLUS NOT REQUIRED FOR LANS TO MEMEBERS IN THE WAY AND MANNER PROVIDED BY LAW, AND TO EXERCISE THOSE FUNCTIONS DESCRIBED IN THE LAWS OF THE STATE OF TENNESSEE AUTHORIZING THE ORGANZIATION OF CREDIT UNIONS.
Cause Areas
1
Credit unions
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is LIFEWAY CREDIT UNION’s budget?
In 2024, LIFEWAY CREDIT UNION reported an annual operating budget of around $2 million. More detailed financial information is available to registered users.
What causes does LIFEWAY CREDIT UNION support?
LIFEWAY CREDIT UNION supports work in Credit unions.
Where does LIFEWAY CREDIT UNION operate?
LIFEWAY CREDIT UNION is headquartered in Nashville, TN.
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