Overview
What is St Jeans Credit Union?
St. Jeans Credit Union is a Massachusetts-chartered credit union, headquartered at 370 Highland Avenue in Salem. With over 80 dedicated employees, their primary mission is to cater to the financial needs of a diverse membership, prioritizing integrity and privacy. The credit union serves residents and workers in Essex, Middlesex, and Suffolk counties, as well as retirees from Revere and Winthrop, Massachusetts, and H.P. Hood LLC employees. They manage over 33,000 member accounts, offering deposit services and loans. Their mission is to maintain utmost account integrity and privacy for their members.
Official website here: www.stjeanscu.com
Is St Jeans Credit Union legitimate?
St Jeans Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. St Jeans 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: $387,765
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,812,404
For more financial information, click here
Official website here: www.stjeanscu.com
What is the mission statement of St Jeans Credit Union?
St. Jeans Credit Union's mission is centered around meeting the requirements of its diverse membership with the highest levels of integrity and confidentiality. Established as a state-chartered credit union, its core business involves accepting deposits and issuing loans to eligible members. These members include individuals residing or working in Essex, Middlesex, and Suffolk counties in Massachusetts, retirees of the City of Revere and Town of Winthrop, Massachusetts, H.P. Hood LLC employees, and their immediate family members. The credit union is committed to upholding this mission and ensuring the financial well-being of its membership.
Official website here: www.stjeanscu.com
Who is the CEO of St Jeans Credit Union?
C David Surface is the President/Ceo of St Jeans Credit Union. The CEO's salary of St Jeans Credit Union is $387,765 and their total compensation is $433,972.
Official website here: www.stjeanscu.com
What is the revenue of St Jeans Credit Union?
St Jeans Credit Union's revenue in 2022 was $12,416,891.
Official website here: www.stjeanscu.com
Who are the executives of St Jeans Credit Union and what are their salaries?
The average compensation at St Jeans Credit Union during 2022 was $51,222. There are 82 employees and 11 volunteers at St Jeans Credit Union.
Here are 17 key members and their salaries (St Jeans Credit Union's CEO's salary is $387,765 and their total compensation is $433,972):
- Compensation: $387,765
- Related: $0
- Other: $46,207
- 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
- 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: $165,033
- Related: $0
- Other: $35,202
- Compensation: $123,302
- Related: $0
- Other: $30,304
- Compensation: $126,653
- Related: $0
- Other: $27,984
- Compensation: $137,119
- Related: $0
- Other: $29,933
- Compensation: $145,369
- Related: $0
- Other: $33,801
Official website here: www.stjeanscu.com
Where can I find the form 990 for St Jeans Credit Union?
St Jeans Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stjeanscu.com
Learn more at the official website: www.stjeanscu.com
Mission Statement of St Jeans Credit Union
St. Jeans Credit Union, a state-chartered financial institution, is dedicated to meeting the diverse needs of its members with the highest degree of integrity and privacy. The Credit Union's primary role is to accept deposits and extend loans to individuals who reside or work in Essex, Middlesex, and Suffolk Counties of Massachusetts, as well as retirees from the City of Revere and the Town of Winthrop, Massachusetts, employees of H.P. Hood LLC, and members' immediate family.
The mission of St. Jeans Credit Union is centered around fulfilling the financial requirements of its members with unwavering ethical standards and respect for their privacy. By offering a range of financial services, the Credit Union aims to help its members manage their money effectively and achieve their financial goals. Whether it's saving for the future, purchasing a home, or consolidating debt, St. Jeans Credit Union is committed to providing its members with the tools and resources they need to succeed.
Additionally, the Credit Union places a strong emphasis on building long-lasting relationships with its members. By understanding the unique financial situations and goals of each individual, St. Jeans Credit Union is able to tailor its services to best meet their needs. With a commitment to transparency and open communication, the Credit Union fosters an environment of trust and confidence among its members. Overall, St. Jeans Credit Union is more than just a financial institution – it's a partner in its members' financial journeys.
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Impact
October, 2024
St. Jean's Credit Union plays a significant role in the economic well-being of its diverse membership by providing essential financial services with a strong commitment to integrity and privacy. Serving over 33,212 accounts, it caters to individuals who live or work in Essex, Middlesex, and Suffolk counties, as well as retirees from Revere and Winthrop, and employees of H.P. Hood LLC.
By accepting deposits and offering loans, the credit union not only helps members manage their finances but also fosters community development and economic stability. Its inclusive approach ensures that a wide range of individuals and families can access the financial resources they need, contributing to improved financial literacy and economic empowerment. This commitment to meeting the varied needs of members reflects the credit union's dedication to making a positive impact in the lives of those it serves.
This information is meant to be a general summary of St Jeans 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 2022.
- Investment Income: $1,468,862
- Program Service Revenue: $9,822,225
- Gross Receipts: $12,416,891
Assets and Liabilities:
- Total Assets: $334,286,442
- Total Liabilities: $307,493,057
- Net Assets: $26,793,385
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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
$8,626,594
MEMBERS SERVICE FEES
Revenue
$1,195,631
Organization Details
Founding Year
1910
Phone
(781) 592-5420Principal Officer
C David Surface
Main Address
370 HIGHLAND AVENUE, SALEM, MA, 01970
Website
www.stjeanscu.comNTEE Category
Code: W60 - Public benefit
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