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: $4,199,283
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,892,082
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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 CEO of Northeast Credit Union The CEO's salary of Northeast Credit Union is $926,083 and their total compensation is $967,541.
Official website here: www.necu.org
What is the revenue of Northeast Credit Union?
Northeast Credit Union's revenue in 2024 was $78,609,434.
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 2024 was $41,840. There are 528 employees and 15 volunteers at Northeast Credit Union.
Here are 34 key members and their salaries (Northeast Credit Union's CEO's salary is $926,083 and their total compensation is $967,541):
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- Compensation: $0
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- Other: $0
- Compensation: $926,083
- Related: $0
- Other: $41,458
- Compensation: $346,084
- Related: $0
- Other: $42,235
- Compensation: $403,530
- Related: $0
- Other: $33,766
- Compensation: $522,581
- Related: $0
- Other: $16,688
- Compensation: $465,963
- Related: $0
- Other: $14,034
- Compensation: $496,533
- Related: $0
- Other: $32,179
- Compensation: $536,936
- Related: $0
- Other: $34,982
- Compensation: $501,572
- Related: $0
- Other: $34,090
- Compensation: $226,449
- Related: $0
- Other: $28,170
- Compensation: $197,160
- Related: $0
- Other: $20,382
- Compensation: $227,790
- Related: $0
- Other: $31,061
- Compensation: $220,660
- Related: $0
- Other: $24,141
- Compensation: $182,848
- Related: $0
- Other: $25,496
- Compensation: $226,567
- Related: $0
- Other: $25,566
- Compensation: $184,488
- Related: $0
- Other: $11,659
- Compensation: $219,251
- Related: $0
- Other: $15,449
- Compensation: $189,748
- Related: $0
- Other: $9,485
- Compensation: $216,931
- Related: $0
- Other: $24,518
- Compensation: $189,190
- Related: $0
- Other: $14,352
- Compensation: $179,037
- Related: $0
- Other: $16,102
- Compensation: $145,623
- Related: $0
- Other: $18,799
- Compensation: $146,241
- Related: $0
- Other: $19,613
- Compensation: $146,700
- Related: $0
- Other: $23,241
- Compensation: $231,962
- Related: $0
- Other: $31,400
- Compensation: $178,019
- Related: $0
- Other: $14,842
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 2024 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.
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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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $6,718,628
- Program Service Revenue: $71,801,215
- Gross Receipts: $78,609,434
Assets and Liabilities:
- Total Assets: $1,893,357,956
- Total Liabilities: $1,723,859,902
- Net Assets: $169,498,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INCOME
Revenue
$56,816,172
OTHER INCOME
Revenue
$10,158,737
TOTAL FEES INCOME
Revenue
$4,826,306
Organization Details
Founding Year
1936
Principal Officer
Christopher G Parker
Website
www.necu.orgNTEE Category
Code: W60 - Public benefit
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