Overview
What is Alltrust Credit Union?
Alltrust Credit Union is a financial institution that operates as a credit union, providing both deposit and loan services to its members. With a significant membership base of 28,687 deposit account holders and 3,590 borrowers, Alltrust Credit Union manages a substantial number of transactions. In addition to these core services, the credit union also offers scholarships to eligible applicants who hold membership or have family ties to the organization.
Official website here: www.alltrustcu.org
Is Alltrust Credit Union legitimate?
Alltrust Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Alltrust 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $604,591
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,660,577
For more financial information, click here
What is the mission statement of Alltrust Credit Union?
Alltrust Credit Union is dedicated to providing credit union thrift services to its members. They manage deposit and loan accounts, with a significant number of members and loan recipients. The institution goes beyond financial services, offering scholarships to deserving applicants who hold membership or are related to members. These scholarships aim to support the education and future of qualifying individuals within the credit union community.
Official website here: www.alltrustcu.org
Who is the CEO of Alltrust Credit Union?
Carmen Sylvester is the Principal Officer of Alltrust Credit Union. The CEO's salary of Alltrust Credit Union is $358,283 and their total compensation is $481,731.
Official website here: www.alltrustcu.org
What is the revenue of Alltrust Credit Union?
Who are the executives of Alltrust Credit Union and what are their salaries?
The average compensation at Alltrust Credit Union during 2022 was $46,870. There are 91 employees and 10 volunteers at Alltrust Credit Union.
Here are 18 key members and their salaries (Alltrust Credit Union's CEO's salary is $358,283 and their total compensation is $481,731):
- Carmen F Sylvester (President & Ceo)
- Michael S Gago (Chief Lending Officer)
- Loren Sarno (Commercial Loan Officer)
- Raymond Goulart (Avp, Mortgage Loan Office)
- Susan St Pierre (Vice President It)
- Kimberly Trahan (Sr. Vice President Hr)
- Nicole Fortier (Sr. Vice President Retail)
- Mark Sylvia (Chairman) [Trustee/Director]
- Richard Ellis (Clerk/Treasurer) [Trustee/Director]
- David S Darmofal (Director)
- Pamela Bourgault (1St Vice Chair) [Trustee/Director]
- Kristen Sniezek (2Nd Vice Chair) [Trustee/Director]
- Sandra Tynan Resigned 81622 (Director)
- Mark Morris Resigned 2622 (Director)
- Charles Murphy (Asst. Clerk/Treasurer) [Trustee/Director]
- Paul Sylvia (Director)
- Robert Wallace Ended 32422 (2Nd Vice Chair) [Trustee/Director]
- Alfred J Peccini (Director)
Official website here: www.alltrustcu.org
Where can I find the form 990 for Alltrust Credit Union?
The Alltrust Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.alltrustcu.org
Learn more at the official website: www.alltrustcu.org
Mission Statement of Alltrust Credit Union
Alltrust Credit Union is a financial institution dedicated to providing credit union thrift services. With a significant membership base, the union maintains over 28,000 deposit accounts and 3,600 loan accounts. Alltrust Credit Union's mission extends beyond standard financial services, as it also awards scholarships to deserving applicants who hold membership or are relatives of members.
The credit union plays a pivotal role in managing its members' financial needs, offering a comprehensive suite of deposit and loan services. The deposit accounts enable members to save or grow their funds, while the loan accounts facilitate access to credit for various purposes. Alltrust Credit Union's commitment to its members extends beyond monetary transactions, as it recognizes the importance of investing in the future of its community.
The scholarship program represents a tangible expression of Alltrust Credit Union's dedication to its members. By providing educational opportunities, the credit union empowers the next generation to thrive financially and personally. The scholarships are open to individuals who demonstrate a strong commitment to their education and meet the eligibility criteria. In this way, Alltrust Credit Union not only supports its members' financial well-being but also invests in their future success.
Impact
This information is meant to be a general summary of Alltrust Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Alltrust Credit Union's impact is primarily focused on providing credit union thrift services to its members in Fairhaven, MA. With a significant customer base of 28,687 deposit accounts and 3,590 loan accounts, Alltrust Credit Union plays a vital role in managing the financial needs of its community members. Additionally, the credit union's commitment to awarding scholarships to qualifying applicants who are members or family of members further demonstrates its dedication to supporting educational advancement within its community. Through these initiatives, Alltrust Credit Union contributes to the overall well-being and prosperity of its members and the local area.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INCOME
Revenue
$10,266,422
MEMBER SERVICE FEES
Revenue
$1,361,487
Organization Details
Founding Year
1922
Phone
(508) 994-9971
Principal Officer
Carmen Sylvester
Main Address
123 ALDEN ROAD, FAIRHAVEN, MA, 02719
Website
www.alltrustcu.org
NTEE Category
Code: W60 - Public benefit
If you are a representative of Alltrust 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.