Overview
What is Granite State Credit Union?
Granite State Credit Union, based in Manchester, New Hampshire, is a local financial institution and member-owned credit union. Their primary objective is to offer deposit and lending services to their member community. As a financial institution, they provide a platform for members to save and access funds, while their lending services assist members in acquiring loans for various purposes.
Official website here: www.gscu.org
What are the reviews and ratings of this charity?
Granite State Credit Union is not currently rated by Charity Navigator. This absence of a rating is primarily due to its status as a non-501(c)(3) organization, meaning it does not fit the typical model that Charity Navigator evaluates for nonprofit performance. As a result, the organization hasn't been scored on key criteria like Accountability & Finance or Leadership & Adaptability.
The organization lacks available data on revenue, expenses, or the salaries of key persons, contributing to its not being evaluated by Charity Navigator. Historical ratings considered accountability and financial scores, but newer dimensions such as Culture & Community and Impact & Measurement are unavailable for this credit union due to its non-501(c)(3) status.
No user reviews from GreatNonprofits are available to provide further insight into Granite State Credit Union's operations or impact within its community. Without these reviews, the organization's strengths or areas for improvement from a user perspective remain unknown.
This AI summary has been generated from information found on Charity Navigator.
Is Granite State Credit Union legitimate?
Granite State Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Granite State 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: $1,470,438
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,538,615
For more financial information, click here
Official website here: www.gscu.org
What is the mission statement of Granite State Credit Union?
Granite State Credit Union is a financial institution dedicated to offering deposits and lending services to its members. The mission of this credit union is to facilitate financial transactions that cater to the needs of its member base. By prioritizing deposits and lending, Granite State Credit Union aims to promote financial security and accessibility for its members. Its operations are designed to foster financial stability and growth within the community it serves. Through various financial products and services, the credit union empowers its members to manage their money effectively and achieve their financial goals.
Official website here: www.gscu.org
Who is the CEO of Granite State Credit Union?
Denise L Barstow is the President/Ceo of Granite State Credit Union. The CEO's salary of Granite State Credit Union is $595,037 and their total compensation is $602,759.
Official website here: www.gscu.org
What is the revenue of Granite State Credit Union?
Granite State Credit Union's revenue in 2022 was $34,223,432.
Official website here: www.gscu.org
Who are the executives of Granite State Credit Union and what are their salaries?
The average compensation at Granite State Credit Union during 2022 was $57,042. There are 193 employees and 9 volunteers at Granite State Credit Union.
Here are 16 key members and their salaries (Granite State Credit Union's CEO's salary is $595,037 and their total compensation is $602,759):
- Compensation: $595,037
- Related: $0
- Other: $7,722
- Compensation: $334,613
- Related: $0
- Other: $9,776
- Compensation: $278,430
- Related: $0
- Other: $7,382
- Compensation: $262,358
- Related: $0
- Other: $3,350
- Compensation: $164,660
- Related: $0
- Other: $9,250
- Compensation: $157,712
- Related: $0
- Other: $6,409
- Compensation: $159,061
- Related: $0
- Other: $4,361
- Compensation: $158,218
- Related: $0
- Other: $5,145
- Compensation: $157,648
- Related: $0
- Other: $1,048
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gscu.org
Where can I find the form 990 for Granite State Credit Union?
Granite State Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gscu.org
Learn more at the official website: www.gscu.org
Mission Statement of Granite State Credit Union
Granite State Credit Union, headquartered in Manchester, New Hampshire, is a financially-focused organization dedicated to offering deposits and lending services to its valued members. By providing these essential financial services, the credit union aims to make a significant difference in the lives of its community.
Established as a financial institution and credit union, Granite State Credit Union sets out to help individuals and families in their financial endeavors. Through its core mission, the organization offers a range of financial products and services, with a special emphasis on lending and savings solutions. This nonprofit institution prides itself on catering to the unique financial needs of its members, fostering financial growth and stability.
At the heart of Granite State Credit Union's operations lies its commitment to its members. By offering tailored financial solutions, the credit union empowers its members to take charge of their financial futures. Whether it's securing a loan to purchase a home, saving for a child's education, or managing everyday expenses, Granite State Credit Union is there to support its members every step of the way. With a customer-centric approach, this nonprofit organization strives to build strong and lasting relationships, ensuring the financial well-being of its community.
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Impact
October, 2024
Granite State Credit Union plays a vital role in the community by providing essential financial services to its members in Manchester, NH. Through its focus on deposits and lending, the credit union empowers individuals and families to achieve their financial goals, whether that means saving for a home, financing education, or managing day-to-day expenses.
By fostering a member-centric approach, Granite State Credit Union promotes financial literacy and responsibility, helping its members make informed decisions about their finances. Additionally, the credit union contributes to the local economy by enabling access to credit, which supports consumer spending and local businesses.
Overall, Granite State Credit Union stands as a cornerstone of financial support, enhancing the well-being of individuals and the community as a whole.
This information is meant to be a general summary of Granite State 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 2022.
- Investment Income: $1,352,919
- Program Service Revenue: $22,981,260
- Gross Receipts: $34,611,204
Assets and Liabilities:
- Total Assets: $634,204,646
- Total Liabilities: $583,464,737
- Net Assets: $50,739,909
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Income on loans
Revenue
$22,981,260
Organization Details
Founding Year
1945
Phone
(603) 668-2221Principal Officer
Denise L Barstow
Main Address
1415 Elm Street, Manchester, NH, 03101
Website
www.gscu.orgNTEE Category
Code: W60 - Public benefit
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