Northeast Credit Union

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

EIN: 020222930 ✦ Portsmouth, NH ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Northeast Credit Union?

Northeast Credit Union, based in Portsmouth, New Hampshire, is a financial institution dedicated to serving its members with safe and top-notch financial services. Aligned with the Credit Union movement's principles, this nonprofit aims to improve the financial well-being of its member-owners through high-quality offerings. Its mission encompasses providing essential financial services that cater to each member's unique requirements.


Official website here: www.necu.org

Is Northeast Credit Union legitimate?

Northeast Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Northeast 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: $4,188,152
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,370,434

For more financial information, click here


Official website here: www.necu.org

What is the mission statement of Northeast Credit Union?

Northeast Credit Union is a financial institution committed to delivering safe and top-notch financial services to its member base. Rooted in the Credit Union movement's principles, the organization aims to cater to the financial needs of its members, ultimately improving their financial well-being. By providing high-quality services, Northeast Credit Union seeks to build trust and confidence among its members while maintaining a strong commitment to ensuring their financial security.


Official website here: www.necu.org

Who is the CEO of Northeast Credit Union?

Christopher G Parker is the Treasurer of Northeast Credit Union. The CEO's salary of Northeast Credit Union is $573,700 and their total compensation is $647,430.


Official website here: www.necu.org

What is the revenue of Northeast Credit Union?

Northeast Credit Union's revenue in 2022 was $83,517,105.


Official website here: www.necu.org

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

The average compensation at Northeast Credit Union during 2022 was $42,052. There are 584 employees and 11 volunteers at Northeast Credit Union.


Here are 32 key members and their salaries (Northeast Credit Union's CEO's salary is $573,700 and their total compensation is $647,430):


Victor M Collinino (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrance Beers (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa P Palumbo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Bald (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Paciencia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Gamester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regis Saucier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee P Schafer (Svp Chief Human Resources)
  • Compensation: $257,489
  • Related: $0
  • Other: $37,007
Susan Hannigan (Svp Cfo (Ended 6/2022))
  • Compensation: $254,573
  • Related: $0
  • Other: $18,099
Kelly Mcgrath (Svp Chief Lending Officer)
  • Compensation: $269,389
  • Related: $0
  • Other: $37,264
Ana Michele Foret (Svp Cro (Ended 9/2/2022))
  • Compensation: $225,333
  • Related: $0
  • Other: $20,374
Sean Karas Mcnair (Chief Member Experience And Digital Officer)
  • Compensation: $260,798
  • Related: $0
  • Other: $21,033
Michael H Gagnon (Svp Chief Technology Offic)
  • Compensation: $234,581
  • Related: $0
  • Other: $24,838
Traci J Tenggren (Vp Human Resources)
  • Compensation: $208,168
  • Related: $0
  • Other: $54,498
Christopher G Parker (President/Ceo)
  • Compensation: $573,700
  • Related: $0
  • Other: $73,730
Andrea Pruna (Svp Chief Marketing & Reta)
  • Compensation: $281,643
  • Related: $0
  • Other: $61,176
Neil Gordon (Svp Cfo (As Of 7/2022))
  • Compensation: $44,188
  • Related: $0
  • Other: $4,686
Ken Lawrence (Svp Cio)
  • Compensation: $37,056
  • Related: $0
  • Other: $0
Deborah Auger (Vp Marketing)
  • Compensation: $150,430
  • Related: $0
  • Other: $25,657
Christina J Zaudke (Vp Branch Strategy And Inn)
  • Compensation: $197,323
  • Related: $0
  • Other: $53,329
Christopher Saucier (Vp Mortgage)
  • Compensation: $168,067
  • Related: $0
  • Other: $42,936
Douglas Sites (Vp Consumer & Indirect Lending)
  • Compensation: $153,264
  • Related: $0
  • Other: $47,001
Richard Lipari (Vp Operations)
  • Compensation: $191,262
  • Related: $0
  • Other: $52,618
June Gouldsbrough (Avp Ecommerce)
  • Compensation: $150,334
  • Related: $0
  • Other: $14,211
Suzanne R Ladd (Vp Consumer Direct Lending)
  • Compensation: $177,845
  • Related: $0
  • Other: $29,378
David Arthur Perron (Avp It)
  • Compensation: $156,559
  • Related: $0
  • Other: $38,186
Bonnie J Ward (Vp It)
  • Compensation: $196,149
  • Related: $0
  • Other: $39,778
Sean Tipton (Avp Contact Center)
  • Compensation: $133,912
  • Related: $0
  • Other: $35,998
Arthur William Macgregor (Sales Rep)
  • Compensation: $222,674
  • Related: $0
  • Other: $41,131
Stephen William Becker (Vp Financial Planning & Analysis)
  • Compensation: $139,586
  • Related: $0
  • Other: $14,132
Jeanne Ward (Avp Collections)
  • Compensation: $137,783
  • Related: $0
  • Other: $26,451
Michael Rumo (Avp Regional Sales Manager)
  • Compensation: $120,692
  • Related: $0
  • Other: $34,178


Official website here: www.necu.org

Where can I find the form 990 for Northeast Credit Union?

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


Official website here: www.necu.org

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

Mission Statement of Northeast Credit Union

Northeast Credit Union, a financial institution dedicated to its members, is committed to providing them with safe and top-notch financial services. In line with the Credit Union movement's principles, this organization strives to meet the unique financial needs of its member-owners. By doing so, Northeast Credit Union contributes to enhancing their financial well-being.

Located in Portsmouth, New Hampshire, Northeast Credit Union embodies the Credit Union philosophy, which prioritizes people over profits. The mission of this financial institution goes beyond offering basic financial services; it aims to deliver high-quality solutions that cater to each member's needs. Through its unwavering dedication, Northeast Credit Union sets the foundation for its members to build a solid financial future.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Northeast Credit Union plays a vital role in enhancing financial well-being for its member owners in Portsmouth, NH, and the surrounding communities. By providing access to safe, high-quality financial services, it empowers individuals to manage their finances effectively. The credit union's commitment to the principles and values of the Credit Union movement ensures that members receive personalized service tailored to their unique needs. This focus on member satisfaction not only promotes financial literacy and stability but also contributes to the overall economic growth of the region. Through its services, Northeast Credit Union significantly impacts the lives of its members, fostering a sense of community and shared prosperity.




This information is meant to be a general summary of Northeast 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
$83,517,105 (2022)
Expenses
$70,656,715 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,914,846
  • Program Service Revenue: $75,602,259
  • Gross Receipts: $83,517,105

Assets and Liabilities:

  • Total Assets: $1,893,357,956
  • Total Liabilities: $1,723,859,902
  • Net Assets: $169,498,054

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

LOAN INCOME

Revenue

$54,163,737

OTHER INCOME

Revenue

$14,742,576

TOTAL FEES INCOME

Revenue

$6,695,946

Organization Details

Founding Year

1936

Principal Officer

Christopher G Parker

Main Address

PO BOX 1240, PORTSMOUTH, NH, 038021240

NTEE Category

Code: W60 - Public benefit

If you are a representative of Northeast Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.