Overview
What is Green Mountain Credit Union?
Green Mountain Credit Union is a nonprofit financial institution situated in South Burlington, Vermont. With a strong commitment to its members, it maintains and manages over 7,500 share and deposit accounts. The credit union's mission is to provide competitive and convenient financial services in a timely and professional manner, ensuring sound management practices are upheld. Its workforce consists of 29 dedicated employees.
Official website here: www.greenmountaincu.com
Is Green Mountain Credit Union legitimate?
Green Mountain Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Green Mountain 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: $707,112
Professional Fundraising Fees: $0
Other Salaries and Wages: $839,103
For more financial information, click here
Official website here: www.greenmountaincu.com
What is the mission statement of Green Mountain Credit Union?
Green Mountain Credit Union's mission is centered around providing competitive member services in a convenient, timely, and professional manner. This is achieved through the implementation of sound management practices. The institution focuses on maintaining member share and deposit accounts, with a current count of 7,598. In essence, Green Mountain Credit Union aims to cater to its members' financial needs efficiently and effectively.
Official website here: www.greenmountaincu.com
Who is the CEO of Green Mountain Credit Union?
Robert J Lake is the CEO of Green Mountain Credit Union The CEO's salary of Green Mountain Credit Union is $197,040 and their total compensation is $206,892.
Official website here: www.greenmountaincu.com
What is the revenue of Green Mountain Credit Union?
Green Mountain Credit Union's revenue in 2023 was $6,980,969.
Official website here: www.greenmountaincu.com
Who are the executives of Green Mountain Credit Union and what are their salaries?
The average compensation at Green Mountain Credit Union during 2023 was $42,950. There are 36 employees and 7 volunteers at Green Mountain Credit Union.
Here are 10 key members and their salaries (Green Mountain Credit Union's CEO's salary is $197,040 and their total compensation is $206,892):
- Compensation: $197,040
- Related: $0
- Other: $9,852
- Compensation: $134,240
- Related: $0
- Other: $16,694
- Compensation: $126,563
- Related: $0
- Other: $0
- Compensation: $94,493
- Related: $0
- Other: $1,875
- Compensation: $79,892
- Related: $0
- Other: $3,995
- Compensation: $74,884
- Related: $0
- Other: $14,977
- 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.greenmountaincu.com
Where can I find the form 990 for Green Mountain Credit Union?
Green Mountain Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.greenmountaincu.com
Learn more at the official website: www.greenmountaincu.com
Mission Statement of Green Mountain Credit Union
Green Mountain Credit Union is dedicated to providing its members with competitive and high-quality services in a timely and professional manner. Utilizing sound management practices, the credit union aims to manage member share and deposit accounts effectively. This mission is carried out with a focus on convenience, ensuring that members can access their accounts and receive services when needed. The credit union's operations are based on the principle of maintaining a strong and reliable financial infrastructure for its members. With a membership of 7,598 accounts, Green Mountain Credit Union is committed to delivering on its mission, providing its members with a seamless and reliable banking experience.
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
Green Mountain Credit Union has made a significant impact by offering competitive member services that prioritize convenience, timeliness, and professionalism. With a robust focus on sound management practices, the credit union has successfully maintained a thriving community of 7,598 member share and deposit accounts. Located in South Burlington, VT, Green Mountain Credit Union plays a crucial role in supporting its members' financial wellbeing while fostering a sense of community through its services. This commitment not only enhances individual financial stability but also contributes to the overall economic vitality of the region.
This information is meant to be a general summary of Green Mountain 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 2023.
- Investment Income: $320,624
- Program Service Revenue: $6,657,059
- Gross Receipts: $7,112,683
Assets and Liabilities:
- Total Assets: $96,882,012
- Total Liabilities: $85,816,754
- Net Assets: $11,065,258
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 INTEREST INCOME
Revenue
$6,155,512
DEBIT CARD INTERCHANGE
Revenue
$207,480
FEES SERVICE CHARGES
Revenue
$188,564
VISA INCOME
Revenue
$59,681
MORTGAGE ORIGINATION
Revenue
$35,778
Organization Details
Founding Year
1959
Principal Officer
Robert J Lake
Website
www.greenmountaincu.comNTEE Category
Code: W60 - Public benefit
If you are a representative of Green Mountain 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.