Overview
What is St Mary's Credit Union Inc?
St. Mary's Credit Union Inc, located in Marlborough, Massachusetts, is a cooperative owned by its members. With a commitment to serving its community, the credit union offers loans and deposit and share products. Their mission is to provide members with superior financial products and services, delivering these offerings through efficient, cost-effective channels. The credit union prides itself on maintaining a strong and secure financial condition while catering to the financial needs of its owners. With a team of 162 dedicated employees, St. Mary's Credit Union Inc continues to serve its members effectively.
Official website here: www.stmaryscu.org
Is St Mary's Credit Union Inc legitimate?
St Mary's Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. St Mary's Credit Union Inc 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: $4,023,722
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,886,255
For more financial information, click here
Official website here: www.stmaryscu.org
What is the mission statement of St Mary's Credit Union Inc?
St. Mary's Credit Union Inc is committed to offering its members superior financial products and services. The credit union strives to deliver these offerings with favorable pricing, ensuring convenience and cost-effectiveness through efficient channels. Maintaining a strong and safe financial condition is a top priority. As a cooperative owned by its members, St. Mary's Credit Union is dedicated to serving its community by providing loans, deposit and share products, and ensuring the financial wellbeing of its members.
Official website here: www.stmaryscu.org
Who is the CEO of St Mary's Credit Union Inc?
Sarah Bolte is the Director of St Mary's Credit Union Inc. The CEO's salary of St Mary's Credit Union Inc is $480,834 and their total compensation is $514,472.
Official website here: www.stmaryscu.org
What is the revenue of St Mary's Credit Union Inc?
St Mary's Credit Union Inc's revenue in 2022 was $32,310,700.
Official website here: www.stmaryscu.org
Who are the executives of St Mary's Credit Union Inc and what are their salaries?
The average compensation at St Mary's Credit Union Inc during 2022 was $61,173. There are 162 employees at St Mary's Credit Union Inc.
Here are 33 key members and their salaries (St Mary's Credit Union Inc's CEO's salary is $480,834 and their total compensation is $514,472):
- Compensation: $4,215
- Related: $0
- Other: $0
- Compensation: $6,797
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $2,412
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $6,293
- Related: $0
- Other: $0
- Compensation: $1,995
- Related: $0
- Other: $0
- Compensation: $1,667
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $5,812
- Related: $0
- Other: $0
- Compensation: $5,317
- Related: $0
- Other: $0
- Compensation: $81,829
- Related: $0
- Other: $0
- Compensation: $6,797
- Related: $0
- Other: $0
- Compensation: $257,887
- Related: $0
- Other: $43,366
- Compensation: $153,291
- Related: $0
- Other: $33,578
- Compensation: $213,697
- Related: $0
- Other: $20,020
- Compensation: $480,834
- Related: $0
- Other: $33,638
- Compensation: $146,304
- Related: $0
- Other: $32,781
- Compensation: $217,955
- Related: $0
- Other: $36,345
- Compensation: $148,968
- Related: $0
- Other: $33,943
- Compensation: $215,651
- Related: $0
- Other: $33,305
- Compensation: $152,592
- Related: $0
- Other: $32,255
- Compensation: $102,799
- Related: $0
- Other: $29,062
- Compensation: $116,560
- Related: $0
- Other: $30,408
- Compensation: $119,348
- Related: $0
- Other: $30,499
- Compensation: $110,390
- Related: $0
- Other: $29,774
- Compensation: $128,112
- Related: $0
- Other: $31,437
- Compensation: $177,885
- Related: $0
- Other: $18,051
- Compensation: $127,334
- Related: $0
- Other: $9,808
- Compensation: $126,138
- Related: $0
- Other: $626
- Compensation: $128,859
- Related: $0
- Other: $31,381
- Compensation: $102,605
- Related: $0
- Other: $28,879
- Compensation: $105,173
- Related: $0
- Other: $29,047
Official website here: www.stmaryscu.org
Where can I find the form 990 for St Mary's Credit Union Inc?
St Mary's Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stmaryscu.org
Learn more at the official website: www.stmaryscu.org
Mission Statement of St Mary's Credit Union Inc
St. Mary's Credit Union Inc is a member-owned cooperative committed to delivering superior financial products and services to its members. The mission of this credit union goes beyond just offering financial services; it strives to provide these offerings with favorable pricing, efficient and convenient delivery channels, and a strong and safe financial condition.
In practice, St. Mary's Credit Union takes pride in catering to its members' needs with a wide range of loan and deposit & shares solutions. The credit union is dedicated to maintaining a member-focused approach, ensuring the products and services it offers remain attuned to the evolving financial requirements of its clientele. By prioritizing the interests of its members, St. Mary's Credit Union fosters trust and loyalty, solidifying its place as a trusted financial partner.
Through its commitment to superior financial products and services, St. Mary's Credit Union aims to empower its members to make informed decisions regarding their financial wellbeing. The credit union's focus on favorable pricing, efficient delivery channels, and maintaining a strong financial position ensures that its members can confidently rely on it for their financial needs. This member-centric approach, coupled with the credit union's unwavering financial stability, sets St. Mary's Credit Union apart as a trusted financial institution committed to the success of its members.
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Impact
October, 2024
St Mary's Credit Union Inc significantly enhances the financial well-being of its members in Marlborough, MA, by offering a range of superior financial products and services. As a member-owned cooperative, it prioritizes the needs of its community, delivering favorable pricing on loans, deposits, and shares. By focusing on attentive and convenient service delivery, St Mary's Credit Union cultivates strong relationships with its members, ensuring a personalized banking experience. The commitment to maintaining a strong and safe financial condition further instills confidence among its members, allowing them to invest in their futures while supporting community financial stability. Overall, its impact resonates through improved access to financial resources and enhanced economic opportunity for its members.
This information is meant to be a general summary of St Mary's Credit Union Inc. 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: $4,267,994
- Program Service Revenue: $27,206,168
- Gross Receipts: $33,678,722
Assets and Liabilities:
- Total Assets: $985,400,554
- Total Liabilities: $917,889,261
- Net Assets: $67,511,293
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME
Revenue
$23,756,785
MEMBER SERVICE FEES
Revenue
$3,449,383
Organization Details
Founding Year
1913
Phone
(508) 490-8000Principal Officer
Sarah Bolte
Main Address
PO BOX 729, MARLBOROUGH, MA, 01752
Website
www.stmaryscu.orgNTEE Category
Code: W60 - Public benefit
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