Htm Credit Union

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042011587 ✦ Haverhill, MA ✦ Designated as a 501(c)(14)

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Overview

What is Htm Credit Union?

Htm Credit Union is a nonprofit organization located in Haverhill, Massachusetts, with a PO Box address. It serves its members by offering a range of cost-effective deposit and lending services, along with other high-quality, low-cost products and facilities. The credit union's primary mission is to provide affordable loans and shares, as well as various banking services to its member base. With a workforce of six employees, Htm Credit Union strives to contribute positively to the financial well-being of its members.


Official website here: www.htmcreditunion.com

What do the Facebook reviews say about Htm Credit Union?

There are currently two reviews for Htm Credit Union on Facebook, both highlighting a positive experience. One long-time member expresses deep satisfaction after 35 years with the Credit Union, praising the staff for being incredibly helpful and accommodating.

Though the reviews are limited, the sentiment is overwhelmingly enthusiastic, suggesting that this Credit Union fosters strong relationships with its members and effectively meets their needs. Overall, the community seems to appreciate the personalized service and attention provided by the staff.


This AI summary has been generated from reviews found on Facebook.

Is Htm Credit Union legitimate?

Htm Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Htm 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: $57,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $242,914

For more financial information, click here


Official website here: www.htmcreditunion.com

What is the mission statement of Htm Credit Union?

Htm Credit Union's mission is centered around providing affordable loan and savings options, along with a range of banking services, to its members. They operate as a credit union, offering deposit and lending services, in addition to various other cost-effective, high-quality products and services. The credit union is member-driven, aiming to cater to the financial needs of its members effectively.


Official website here: www.htmcreditunion.com

Who is the CEO of Htm Credit Union?

Joseph W Graham is the Ceotreasurer of Htm Credit Union. The CEO's salary of Htm Credit Union is $57,692 and their total compensation is $57,692.


Official website here: www.htmcreditunion.com

What is the revenue of Htm Credit Union?

Htm Credit Union's revenue in 2022 was $738,030.


Official website here: www.htmcreditunion.com

Who are the executives of Htm Credit Union and what are their salaries?

The average compensation at Htm Credit Union during 2022 was $50,101. There are 6 employees and 9 volunteers at Htm Credit Union.


Here are 10 key members and their salaries (Htm Credit Union's CEO's salary is $57,692 and their total compensation is $57,692):


Joseph W Graham (Ceotreasurer)
  • Compensation: $57,692
  • Related: $0
  • Other: $0
Cameron Boyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Conca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clementina Danese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Juknavorian (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Kosmes (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Kitsos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Ratte (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Carr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Shanahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.htmcreditunion.com

Where can I find the form 990 for Htm Credit Union?

Htm Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.htmcreditunion.com

Learn more at the official website: www.htmcreditunion.com

Mission Statement of Htm Credit Union

Htm Credit Union, as a credit union, is dedicated to providing its members with cost-effective loans, shares, and a variety of banking services. This mission is centered around offering deposit and lending services, along with other high-quality, low-cost products. The credit union's activities extend beyond traditional banking, encompassing a wide range of services designed to cater to the financial needs of its members.

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Impact




October, 2024

Htm Credit Union plays a significant role in the Haverhill community by offering cost-effective loans and a range of banking services to its members. By providing accessible deposit and lending services, Htm Credit Union helps enhance financial stability and empower individual members to achieve their goals. The focus on low-cost, high-quality products enables members to save money and access essential financial resources without burdening them with excessive fees or interest rates. This commitment to member well-being fosters a supportive financial environment, promoting economic empowerment and community development in the area. Through its various services, Htm Credit Union directly contributes to the financial health and prosperity of its members.




This information is meant to be a general summary of Htm 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.

Revenue
$738,030 (2022)
Expenses
$663,756 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $191,667
  • Program Service Revenue: $424,810
  • Gross Receipts: $738,030

Assets and Liabilities:

  • Total Assets: $27,796,762
  • Total Liabilities: $24,108,023
  • Net Assets: $3,688,739

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST INCOME

Revenue

$424,810

Organization Details

Founding Year

1937

Principal Officer

Joseph W Graham

Main Address

PO BOX 383, HAVERHILL, MA, 01831

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