Overview
What is Align Credit Union?
Align Credit Union is a member-focused financial institution situated unspecified in the information. It operates as a nonprofit organization, accepting savings deposits and extending loans to its members in return. The credit union offers dividends on deposit accounts, providing financial benefits to its members. Additionally, the institution grants accessible credit to its members through various loan products. Member services include debit and credit cards, ensuring convenience and flexibility.
Official website here: www.aligncu.org
Is Align Credit Union legitimate?
Align Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Align 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: $3,093,192
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,036,260
For more financial information, click here
Official website here: www.aligncu.org
What is the mission statement of Align Credit Union?
Align Credit Union is dedicated to serving its members by accepting their deposits and extending accessible credit in return. The financial institution offers various loan products and pays dividends on deposit accounts as benefits. Member services such as debit and credit cards are also available. The mission of Align Credit Union is to provide financial services that cater to the needs of its members, fostering financial growth and stability for individuals and families. The credit union aims to build strong relationships with its members and contribute to their financial well-being. By accepting deposits and granting loans, Align Credit Union acts as a trusted financial partner, dedicated to helping its members achieve their financial goals.
Official website here: www.aligncu.org
Who is the CEO of Align Credit Union?
Kenneth M Del Rossi is the CEO of Align Credit Union The CEO's salary of Align Credit Union is $1,826,749 and their total compensation is $1,896,121.
Official website here: www.aligncu.org
What is the revenue of Align Credit Union?
Align Credit Union's revenue in 2023 was $27,908,271.
Official website here: www.aligncu.org
Who are the executives of Align Credit Union and what are their salaries?
The average compensation at Align Credit Union during 2023 was $54,020. There are 169 employees and 9 volunteers at Align Credit Union.
Here are 22 key members and their salaries (Align Credit Union's CEO's salary is $1,826,749 and their total compensation is $1,896,121):
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- Compensation: $1,826,749
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- Other: $69,372
- Compensation: $307,230
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- Other: $61,351
- Compensation: $276,295
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- Other: $67,782
- Compensation: $63,984
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- Other: $873
- Compensation: $169,098
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- Other: $41,485
- Compensation: $184,230
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- Other: $24,741
- Compensation: $147,669
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- Other: $38,524
- Compensation: $136,903
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- Other: $36,140
- Compensation: $102,418
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- Other: $30,293
- Compensation: $101,876
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- Other: $19,568
- Compensation: $100,978
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- Other: $44,180
Official website here: www.aligncu.org
Where can I find the form 990 for Align Credit Union?
Align Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.aligncu.org
Learn more at the official website: www.aligncu.org
Mission Statement of Align Credit Union
Align Credit Union, a member-focused financial institution, is dedicated to accepting deposits and extending loans to its members. By doing so, it offers the added benefit of dividends on deposit accounts, providing a financial return for saving. Moreover, Align Credit Union prides itself on making credit accessible, allowing members to borrow for various needs through various loan products.
Beyond the basic financial services, Align Credit Union places importance on member services. These services include the provision of debit and credit cards, ensuring members have convenient access to their funds. Through its commitment to its members, Align Credit Union has built a reputation for delivering accessible financial solutions and rewards.
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Impact
October, 2024
Align Credit Union plays a vital role in supporting the financial well-being of its members in Lowell, MA. By accepting deposits and granting loans, it fosters a sense of community and trust among its members. The provision of dividends on deposit accounts encourages savings and responsible financial growth, while accessible credit options empower individuals and families to achieve their financial goals, whether it's purchasing a home, financing education, or managing day-to-day expenses.
In addition to its core banking services, Align Credit Union enhances member experience through a range of financial products, including debit and credit cards. The commitment to providing financial services tailored to the needs of its members reinforces its mission of supporting financial stability and economic empowerment within the community. Through these efforts, Align Credit Union exemplifies a dedication to creating lasting positive impacts on the lives of its members and the broader community it serves.
This information is meant to be a general summary of Align 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: $6,441,751
- Program Service Revenue: $18,578,674
- Gross Receipts: $46,144,750
Assets and Liabilities:
- Total Assets: $703,539,071
- Total Liabilities: $668,201,549
- Net Assets: $35,337,522
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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
$17,373,759
Organization Details
Founding Year
1922
Phone
(800) 942-9575Principal Officer
Kenneth M Del Rossi
Main Address
87 HALE STREET, LOWELL, MA, 01851
Website
www.aligncu.orgNTEE Category
Code: W60 - Public benefit
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