Overview
What is Northeast Schools And Hospital Credit Union?
Northeast Schools and Hospital Credit Union is a nonprofit financial institution, situated at 189 E MAIN ST STE C, Newport, VT 05855. This credit union's primary purpose is to offer financial services to its members. It provides affordable loan options and attractive interest rates on deposits. With a small workforce of five dedicated individuals, the credit union caters to the financial needs of its members, ensuring they have access to essential financial tools.
Official website here: www.nshcu.virtualcu
Is Northeast Schools And Hospital Credit Union legitimate?
Northeast Schools And Hospital Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Northeast Schools And Hospital 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: $102,033
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,200
For more financial information, click here
Official website here: www.nshcu.virtualcu
What is the mission statement of Northeast Schools And Hospital Credit Union?
The Northeast Schools and Hospital Credit Union is committed to providing financial services to its members. This includes offering affordable loan rates and attractive interest rates on deposits. The credit union's mission is to serve its members effectively, ensuring they have access to financial resources that cater to their needs. By offering loans at affordable rates, the credit union aims to help its members manage their financial obligations more easily. Additionally, the attractive interest rates on deposits encourage members to save more, thereby fostering financial stability. The credit union's mission is centered around providing financial services that contribute to the financial well-being of its members.
Official website here: www.nshcu.virtualcu
What is the revenue of Northeast Schools And Hospital Credit Union?
Northeast Schools And Hospital Credit Union's revenue in 2023 was $266,325.
Official website here: www.nshcu.virtualcu
Who are the executives of Northeast Schools And Hospital Credit Union and what are their salaries?
The average compensation at Northeast Schools And Hospital Credit Union during 2023 was $56,116. There are 2 employees at Northeast Schools And Hospital Credit Union.
Here are 8 key members and their salaries:
- Compensation: $65,400
- Related: $0
- Other: $0
- Compensation: $36,633
- 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.nshcu.virtualcu
Where can I find the form 990 for Northeast Schools And Hospital Credit Union?
Northeast Schools And Hospital Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nshcu.virtualcu
Learn more at the official website: www.nshcu.virtualcu
Mission Statement of Northeast Schools And Hospital Credit Union
Northeast Schools and Hospital Credit Union, as a financial institution, is committed to providing its members with a range of financial services. At the heart of its mission, the credit union offers affordable loan options and attractive interest rates on deposits. This mission is geared towards empowering its members, ensuring they have access to financial resources that cater to their needs effectively. The credit union's operations are centered around the principle of serving its members, providing them with the financial tools they need to manage their finances efficiently.
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Impact
October, 2024
Northeast Schools and Hospital Credit Union significantly impacts its community by delivering essential financial services tailored to the needs of its members. By offering loans at affordable rates, the credit union empowers individuals and families to access necessary funds for education, healthcare, and other important life events without the burden of excessive interest payments. Additionally, the credit union provides attractive rates on deposits, encouraging members to save and invest in their financial future. Located in Newport, VT, it serves the local community by fostering financial literacy, stability, and growth, ultimately contributing to the economic well-being of its members and the broader community.
This information is meant to be a general summary of Northeast Schools And Hospital 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: $30,343
- Program Service Revenue: $233,119
- Gross Receipts: $266,325
Assets and Liabilities:
- Total Assets: $5,730,427
- Total Liabilities: $28,995
- Net Assets: $5,701,432
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$199,544
SHARE DRAFT FEES
Revenue
$22,749
LATE LOAN FEES
Revenue
$5,751
PROGRAM SERVICES
Revenue
$5,075
Organization Details
Founding Year
1969
Principal Officer
Linn Elko
Website
www.nshcu.virtualcuNTEE Category
Code: Z99 - Unknown
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