Bellwether Community Credit Union

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

EIN: 020196520 ✦ Manchester, NH ✦ Designated as a 501(c)(14)

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Overview

What is Bellwether Community Credit Union?

Bellwether Community Credit Union is a locally controlled, full-service financial institution based in Manchester, New Hampshire, with a member base of approximately 27,500 individuals. The credit union, which has a team of 112 employees, offers daily operations centered around making loans, managing deposit accounts, and delivering various financial services to its community. As a state-chartered credit union, its primary mission is to serve and benefit its members.


Official website here: www.bccu.org

Is Bellwether Community Credit Union legitimate?

Bellwether Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Bellwether Community 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: $1,303,042
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,627,850

For more financial information, click here


Official website here: www.bccu.org

What is the mission statement of Bellwether Community Credit Union?

Bellwether Community Credit Union is committed to operating a state-chartered financial institution that caters to the financial needs of its members. With a mission to provide loan and deposit services, the credit union aims to make a positive impact on the lives of its approximately 27,500 members. Through daily operations, it offers a range of financial services that are efficiently delivered to ensure member satisfaction. By focusing on local control, Bellwether Community Credit Union continues to serve its community effectively.


Official website here: www.bccu.org

Who is the CEO of Bellwether Community Credit Union?

Jonathan Oglebay is the Chair of Bellwether Community Credit Union. The CEO's salary of Bellwether Community Credit Union is $437,847 and their total compensation is $495,974.


Official website here: www.bccu.org

What is the revenue of Bellwether Community Credit Union?

Bellwether Community Credit Union's revenue in 2022 was $22,612,270.


Official website here: www.bccu.org

Who are the executives of Bellwether Community Credit Union and what are their salaries?

The average compensation at Bellwether Community Credit Union during 2022 was $61,883. There are 112 employees and 9 volunteers at Bellwether Community Credit Union.


Here are 18 key members and their salaries (Bellwether Community Credit Union's CEO's salary is $437,847 and their total compensation is $495,974):


Seth Wall (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Garceau (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Luczko (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John J Gennetti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eva L Martel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick C Mchugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Soggu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maura Weston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Len Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan D Saller (President & Ceo)
  • Compensation: $437,847
  • Related: $0
  • Other: $58,127
Jonathan Oglebay (Svp/Cfo)
  • Compensation: $174,266
  • Related: $0
  • Other: $48,976
Jeffrey R Benson (Svp/Coo)
  • Compensation: $207,801
  • Related: $0
  • Other: $69,129
Nancy D Nadeau (Svp/Cao)
  • Compensation: $191,935
  • Related: $0
  • Other: $114,960
Lori Holmes (Vp/Marketing)
  • Compensation: $150,334
  • Related: $0
  • Other: $33,610
Suzanne Beaubien (Vp/Retail Services)
  • Compensation: $147,415
  • Related: $0
  • Other: $35,191
J Michael Perrella (Vp/Business Services)
  • Compensation: $177,337
  • Related: $0
  • Other: $36,486
William Guilfoil (Vp/Residental Lending)
  • Compensation: $140,793
  • Related: $0
  • Other: $40,425
William Zafirson (Svp/Clo)
  • Compensation: $204,119
  • Related: $0
  • Other: $52,172


Official website here: www.bccu.org

Where can I find the form 990 for Bellwether Community Credit Union?

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


Official website here: www.bccu.org

Learn more at the official website: www.bccu.org

Mission Statement of Bellwether Community Credit Union

Bellwether Community Credit Union, a locally controlled financial institution, is dedicated to providing loan and deposit services for the benefit of its over 27,000 members. In simpler terms, this state-chartered credit union operates with a mission to enhance the financial well-being of its community by offering a range of financial services.

At the heart of Bellwether Community Credit Union's mission lies the commitment to serving its members effectively. By making loans, accepting deposit accounts, and delivering other essential financial services, the credit union fosters financial stability and growth for its member base. This community-focused approach sets Bellwether apart, as it prioritizes the needs and goals of its members.

Moreover, Bellwether Community Credit Union continues to innovate and adapt to meet the evolving financial needs of its membership. Through its daily operations, the credit union strives for efficiency and relevance, ensuring that its members have access to the financial tools and resources they need to thrive. This unwavering dedication to its members and their financial success is the driving force behind Bellwether Community Credit Union's mission.

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Impact




October, 2024

Bellwether Community Credit Union plays a vital role in the financial well-being of its member base, which consists of approximately 27,500 individuals in Manchester, NH, and surrounding areas. By operating as a state-chartered credit union, it provides essential financial services including loans and deposit accounts, tailored to the needs of its community members.

The credit union's commitment to locally controlled financial services fosters a supportive environment that prioritizes member benefits over profit. This approach enhances financial inclusivity, allowing members to access affordable loans and safe savings options. Additionally, Bellwether's dedication to efficient and relevant financial services contributes to the overall economic stability of the community, empowering individuals to achieve their financial goals.

Through its daily operations, Bellwether Community Credit Union demonstrates a strong commitment to the public benefit, ensuring that its services are designed to meet the evolving needs of its members and enhance their financial literacy and stability.




This information is meant to be a general summary of Bellwether Community 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
$22,612,270 (2022)
Expenses
$20,357,881 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,897,473
  • Program Service Revenue: $19,714,797
  • Gross Receipts: $23,222,318

Assets and Liabilities:

  • Total Assets: $594,268,573
  • Total Liabilities: $547,430,366
  • Net Assets: $46,838,207

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Programs

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

Interest Income

Revenue

$16,246,121

Fee & Service Income

Revenue

$3,468,676

Organization Details

Founding Year

1921

Principal Officer

Jonathan Oglebay

Main Address

425 Hooksett Road, Manchester, NH, 03104

NTEE Category

Code: W60 - Public benefit

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