Sabattus Regional Credit Union

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010261000 ✦ Sabattus, ME ✦ Designated as a 501(c)(14)

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Overview

What is Sabattus Regional Credit Union?

Sabattus Regional Credit Union is a robust, locally-driven financial institution, owned and managed by its members. Their primary objective is to establish a strong presence as the primary financial hub within their expanding community. Committed to delivering exceptional services, they offer a diverse range of personalized financial solutions efficiently. Their mission involves catering to the financial needs of their member family, ensuring a wide array of quality services is readily available.


Official website here: www.srcu4u.com

What do the Facebook reviews say about Sabattus Regional Credit Union?

98% of 71 reviewers on Facebook recommend Sabattus Regional Credit Union. Here is a summary of their reviews:

Many users appreciate the supportive and friendly staff, often highlighting their readiness to assist with various needs. Comments indicate that the team genuinely cares about helping members, which contributes greatly to a positive experience.

Overall, patrons feel confident in the services provided and express satisfaction with the commitment shown by the staff. The community aspect and dedication to customer service appear to be significant strengths for the credit union.


This AI summary has been generated from reviews found on Facebook.

Is Sabattus Regional Credit Union legitimate?

Sabattus Regional Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Sabattus Regional Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $148,592
Professional Fundraising Fees: $0
Other Salaries and Wages: $745,229

For more financial information, click here


Official website here: www.srcu4u.com

What is the mission statement of Sabattus Regional Credit Union?

Sabattus Regional Credit Union serves as a robust, regional financial institution, primarily dedicated to its member base. Its mission is to establish itself as the principal financial institution for its expanding member family. It achieves this by offering a broad spectrum of high-quality and personalized financial services in an efficient manner. The credit union's purpose is to cater to its members' financial needs effectively and comprehensively.


Official website here: www.srcu4u.com

Who is the CEO of Sabattus Regional Credit Union?

Tiffiny Stewart is the Chairperson of Sabattus Regional Credit Union. The CEO's salary of Sabattus Regional Credit Union is $124,128 and their total compensation is $148,592.


Official website here: www.srcu4u.com

What is the revenue of Sabattus Regional Credit Union?

Sabattus Regional Credit Union's revenue in 2022 was $2,752,661.


Official website here: www.srcu4u.com

Who are the executives of Sabattus Regional Credit Union and what are their salaries?

The average compensation at Sabattus Regional Credit Union during 2022 was $37,243. There are 24 employees at Sabattus Regional Credit Union.


Here are 7 key members and their salaries (Sabattus Regional Credit Union's CEO's salary is $124,128 and their total compensation is $148,592):


Theodore Smith (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffiny Stewart (President/Ceo/Treasurer)
  • Compensation: $124,128
  • Related: $0
  • Other: $24,464
Mark Duquette (Vice-Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruben Cornelius (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzan Bouley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Lacombe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.srcu4u.com

Where can I find the form 990 for Sabattus Regional Credit Union?

Sabattus Regional Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.srcu4u.com

Learn more at the official website: www.srcu4u.com

Mission Statement of Sabattus Regional Credit Union

Sabattus Regional Credit Union, as a robust and regionally-focused cooperative, strives to assume the role of the primary financial institution within its expanding community of members. Their mission is driven by an unwavering commitment to offer a diverse array of top-notch and tailored financial services, ensuring they are delivered in a prompt and personalized manner.

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Impact




October, 2024

Sabattus Regional Credit Union significantly impacts its community by providing accessible and personalized financial services to its members. As a member-owned organization in Sabattus, Maine, it strives to be the primary financial institution for its growing family of members. The credit union is dedicated to delivering quality services efficiently, helping empower individuals and families to achieve their financial goals. Through its commitment to meet the diverse needs of its members, Sabattus Regional Credit Union fosters a sense of community and enhances financial well-being in the region.




This information is meant to be a general summary of Sabattus Regional Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,752,661 (2022)
Expenses
$2,391,078 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $466,292
  • Program Service Revenue: $2,221,376
  • Gross Receipts: $2,752,661

Assets and Liabilities:

  • Total Assets: $75,562,261
  • Total Liabilities: $68,941,544
  • Net Assets: $6,620,717

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FINANCIAL INSTITUTION

Revenue

$2,221,376

Organization Details

Founding Year

1957

Principal Officer

Tiffiny Stewart

Main Address

PO BOX 250, SABATTUS, ME, 04280

NTEE Category

Code: W60 - Public benefit

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