Holy Rosary Credit Union

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

EIN: 020272024 ✦ Rochester, NH ✦ Designated as a 501(c)(14)

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Overview

What is Holy Rosary Credit Union?

The Holy Rosary Credit Union is a community-focused organization located at 133 Brock Street, Rochester, New Hampshire, with a ZIP code of 03867. They serve as a trusted financial institution for their members, maintaining their share, deposit, and loan accounts. Their mission extends beyond finance, aiming to be a responsible and compassionate entity. With a team of 115 dedicated employees, Holy Rosary Credit Union embraces innovation, flexibility, and exceptional service, helping members achieve their financial objectives.


Official website here: www.hrcu.org

Is Holy Rosary Credit Union legitimate?

Holy Rosary Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Holy Rosary 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: $1,287,357
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,234,687

For more financial information, click here


Official website here: www.hrcu.org

What is the mission statement of Holy Rosary Credit Union?

Holy Rosary Credit Union is committed to being a reliable and community-focused organization. Their mission is to help members achieve their financial goals by exhibiting compassion, embracing innovation, remaining flexible, and delivering superior service. The credit union's primary focus is on managing members' share, deposit, and loan accounts responsibly. By demonstrating these qualities, they aim to build trust and foster strong relationships with their members.


Official website here: www.hrcu.org

Who is the CEO of Holy Rosary Credit Union?

Brian Therrien is the Chairman of Holy Rosary Credit Union. The CEO's salary of Holy Rosary Credit Union is $319,441 and their total compensation is $346,040.


Official website here: www.hrcu.org

What is the revenue of Holy Rosary Credit Union?

Holy Rosary Credit Union's revenue in 2022 was $16,865,040.


Official website here: www.hrcu.org

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

The average compensation at Holy Rosary Credit Union during 2022 was $48,018. There are 115 employees and 20 volunteers at Holy Rosary Credit Union.


Here are 16 key members and their salaries (Holy Rosary Credit Union's CEO's salary is $319,441 and their total compensation is $346,040):


Dana Flanders (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Vachon (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Wilkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Simoneau (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Brunelle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Grover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Falardeau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Pinault (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Gordon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hughes (President/Ceo)
  • Compensation: $319,441
  • Related: $0
  • Other: $26,599
Rosemary Shields (Evp/Coo)
  • Compensation: $211,106
  • Related: $0
  • Other: $22,710
Brian Therrien (Chief Financial Officer)
  • Compensation: $170,241
  • Related: $0
  • Other: $11,269
Ken Mauser (Chief Information Officer)
  • Compensation: $156,611
  • Related: $0
  • Other: $19,670
Ginger Gagne (Vp Of Lending)
  • Compensation: $127,548
  • Related: $0
  • Other: $24,873
Travis Bissonnette (Svp Of Lending)
  • Compensation: $116,598
  • Related: $0
  • Other: $33,297


Official website here: www.hrcu.org

Where can I find the form 990 for Holy Rosary Credit Union?

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


Official website here: www.hrcu.org

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

Mission Statement of Holy Rosary Credit Union

Holy Rosary Credit Union, a responsible and community-focused organization, is dedicated to helping its members achieve their financial goals. By embodying compassion, innovation, flexibility, and exceptional service, this credit union sets itself apart as a trusted institution.

The mission of Holy Rosary Credit Union is to function as a responsible and community-focused organization that members can rely upon. It strives to provide compassionate solutions and embrace innovative approaches, all while remaining adaptable to its members' needs. Delivering exceptional service is at the forefront of its operations, ensuring that each member experiences a positive and fulfilling experience when managing their share, deposit, and loan accounts.

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Impact




October, 2024

Holy Rosary Credit Union positively impacts the Rochester, NH community by providing its members with reliable financial services that help them achieve their financial goals. By maintaining members' share, deposit, and loan accounts, it supports local individuals and families in managing their finances effectively.

With a mission centered around compassion, innovation, and exceptional service, Holy Rosary Credit Union fosters a trusting environment where members feel valued and understood. Its community-focused approach encourages financial well-being, promoting economic stability within the region. The credit union remains flexible to adapt to the evolving needs of its members, ensuring that they receive the support necessary to thrive financially. Overall, Holy Rosary Credit Union plays a vital role as a trusted financial partner in enhancing the quality of life for its members and the broader community.




This information is meant to be a general summary of Holy Rosary 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
$16,865,040 (2022)
Expenses
$14,350,254 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,834,277
  • Program Service Revenue: $15,030,763
  • Gross Receipts: $16,865,040

Assets and Liabilities:

  • Total Assets: $413,178,224
  • Total Liabilities: $385,360,835
  • Net Assets: $27,817,389

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Programs

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

LOAN INTEREST

Revenue

$10,018,810

ACCOUNT FEES

Revenue

$4,541,892

MISCELLANEOUS INCOME

Revenue

$394,330

UBIT - NON MEMBER ATM FEES

Revenue

$51,345

UBIT - INSURANCE

Revenue

$24,386

Organization Details

Founding Year

1962

Principal Officer

Brian Therrien

Main Address

133 BROCK STREET, ROCHESTER, NH, 03867

NTEE Category

Code: W60 - Public benefit

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