Overview
What is Lowell Firefighters Credit Union?
The Lowell Firefighters Credit Union is a community-focused financial institution based in Lowell, Massachusetts. Their primary mission is to foster savings among their members by managing share and deposit accounts. They reward their members by offering interest on these accounts, thereby encouraging saving habits. The credit union serves as a vital resource for its members, providing a secure and beneficial banking experience.
Official website here: www.lffcu.com
Is Lowell Firefighters Credit Union legitimate?
Lowell Firefighters Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Lowell Firefighters 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: $132,121
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,821
For more financial information, click here
Official website here: www.lffcu.com
What is the mission statement of Lowell Firefighters Credit Union?
The Lowell Firefighters Credit Union promotes thrift among its members by offering and managing savings and deposit accounts. The credit union encourages saving by paying interest on these accounts. The primary mission of this organization is to foster a culture of savings among its members. By providing interest on accounts, the credit union motivates its members to save responsibly. The credit union operates with a focus on member savings, incentivizing financial responsibility and long-term financial well-being.
Official website here: www.lffcu.com
Who is the CEO of Lowell Firefighters Credit Union?
Michael Boldrighini is the Director/Ceo/Treasurer of Lowell Firefighters Credit Union. The CEO's salary of Lowell Firefighters Credit Union is $64,205 and their total compensation is $64,205.
Official website here: www.lffcu.com
What is the revenue of Lowell Firefighters Credit Union?
Lowell Firefighters Credit Union's revenue in 2021 was $812,586.
Official website here: www.lffcu.com
Who are the executives of Lowell Firefighters Credit Union and what are their salaries?
The average compensation at Lowell Firefighters Credit Union during 2021 was $33,563. There are 7 employees and 8 volunteers at Lowell Firefighters Credit Union.
Here are 9 key members and their salaries (Lowell Firefighters Credit Union's CEO's salary is $64,205 and their total compensation is $64,205):
- Compensation: $64,205
- Related: $0
- Other: $0
- Compensation: $14,730
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lffcu.com
Where can I find the form 990 for Lowell Firefighters Credit Union?
Lowell Firefighters Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.lffcu.com
Learn more at the official website: www.lffcu.com
Mission Statement of Lowell Firefighters Credit Union
Lowell Firefighters Credit Union is committed to fostering a culture of thrift among its members. As a credit union, it manages member share and deposit accounts, offering interest to encourage savings. The organization's mission is centered around incentivizing saving, thereby promoting financial responsibility within its membership base.
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
Lowell Firefighters Credit Union plays a vital role in promoting financial well-being and thrift among its members. By offering share and deposit accounts, the credit union encourages individuals to save and build their financial security. With competitive interest rates on these accounts, members are incentivized to prioritize their savings, fostering a culture of fiscal responsibility within the community.
Based in Lowell, MA, the credit union not only serves the needs of its members but also strengthens the local economy by keeping money within the community. By providing accessible financial services and support, Lowell Firefighters Credit Union empowers its members to achieve their savings goals and work toward financial independence, ultimately contributing to the overall economic health of the Lowell area.
This information is meant to be a general summary of Lowell Firefighters 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 2021.
- Investment Income: $90,065
- Program Service Revenue: $516,221
- Gross Receipts: $812,586
Assets and Liabilities:
- Total Assets: $26,588,905
- Total Liabilities: $23,310,366
- Net Assets: $3,278,539
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.
INTEREST FROM LOANS TO
Revenue
$516,221
Organization Details
Founding Year
1936
Phone
(978) 453-2734Principal Officer
Michael Boldrighini
Main Address
642 CHELMSFORD STREET, LOWELL, MA, 01851
Website
www.lffcu.comNTEE Category
Code: W61Z - Public benefit
If you are a representative of Lowell Firefighters 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.