New Hampshire Postal Credit Union

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

EIN: 020219109 ✦ Manchester, NH ✦ Designated as a 501(c)(14)

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Overview

What is New Hampshire Postal Credit Union?

The New Hampshire Postal Credit Union, situated in Manchester, New Hampshire (03103), is a nonprofit organization that serves a membership of 3,247 individuals as of December 31, 2022. The primary mission of this credit union is to offer its members affordable lending options and advantageous savings rates, all while delivering exceptional service. The credit union provides a range of low-cost services to its members, ensuring they can manage their finances effectively. The team at New Hampshire Postal Credit Union consists of eight dedicated employees, working tirelessly to uphold the credit union's commitment to its members.


Official website here: www.nhpcu.com

Is New Hampshire Postal Credit Union legitimate?

New Hampshire Postal Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. New Hampshire Postal 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: $98,240
Professional Fundraising Fees: $0
Other Salaries and Wages: $293,743

For more financial information, click here


Official website here: www.nhpcu.com

What is the mission statement of New Hampshire Postal Credit Union?

The New Hampshire Postal Credit Union is committed to serving its members by providing them with affordable lending options and competitive savings rates. This mission is underpinned by the aim to deliver exceptional service at all times. As of December 31, 2022, the credit union boasts a membership of 3,247 individuals, who benefit from a range of low-cost services.


Official website here: www.nhpcu.com

Who is the CEO of New Hampshire Postal Credit Union?

Philip Fontaine Jr is the Chairperson of New Hampshire Postal Credit Union. The CEO's salary of New Hampshire Postal Credit Union is $98,240 and their total compensation is $117,888.


Official website here: www.nhpcu.com

What is the revenue of New Hampshire Postal Credit Union?

New Hampshire Postal Credit Union's revenue in 2022 was $1,391,502.


Official website here: www.nhpcu.com

Who are the executives of New Hampshire Postal Credit Union and what are their salaries?

The average compensation at New Hampshire Postal Credit Union during 2022 was $48,998. There are 8 employees at New Hampshire Postal Credit Union.


Here are 6 key members and their salaries (New Hampshire Postal Credit Union's CEO's salary is $98,240 and their total compensation is $117,888):


Sally Sutton (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Levesque (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Macrigeanis (2Nd Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Houle (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Doughtie (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Fontaine Jr (President/Ceo)
  • Compensation: $98,240
  • Related: $0
  • Other: $19,648


Official website here: www.nhpcu.com

Where can I find the form 990 for New Hampshire Postal Credit Union?

New Hampshire Postal Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nhpcu.com

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

Mission Statement of New Hampshire Postal Credit Union

The New Hampshire Postal Credit Union, in its mission, aims to offer its members affordable lending options and attractive savings rates, all while providing the best possible service. This nonprofit organization strives to ensure that its members have access to a variety of low-cost services, contributing to financial stability and well-being. By providing these benefits, the New Hampshire Postal Credit Union demonstrates its commitment to its members' financial needs and overall satisfaction.

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Impact




October, 2024

New Hampshire Postal Credit Union significantly enhances the financial well-being of its 3,247 members by offering affordable lending options and advantageous savings rates. By focusing on delivering the best possible service, the credit union creates a supportive environment that empowers members to achieve their financial goals. Located in Manchester, NH, it provides access to a variety of low-cost services, making financial stability more attainable for its community. This commitment to member-focused banking plays a crucial role in promoting economic resilience and fostering a sense of community among its members.




This information is meant to be a general summary of New Hampshire Postal 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
$1,391,502 (2022)
Expenses
$1,095,525 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $477,754
  • Program Service Revenue: $913,748
  • Gross Receipts: $1,391,502

Assets and Liabilities:

  • Total Assets: $58,918,137
  • Total Liabilities: $48,552,313
  • Net Assets: $10,365,824

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Programs

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

INTEREST ON LOANS

Revenue

$634,682

FEE INCOME

Revenue

$279,066

Organization Details

Founding Year

1940

Principal Officer

Philip Fontaine Jr

Main Address

955 GOFFS FALLS ROAD, MANCHESTER, NH, 03103

NTEE Category

Code: W60 - Public benefit

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