Overview
What is Homefield Credit Union?
Homefield Credit Union is a community-focused financial institution, established to serve its members. Based in North Grafton, Massachusetts, it offers financing solutions for both residential and commercial properties, encompassing purchase and refinance transactions. As of December 31, 2022, the credit union had 760 such loans on its balance sheet. Homefield Credit Union's mission is to provide a lifetime of personal service, leveraging innovative products and top-notch services delivered by a dedicated team of professionals. Their goal is to meet the diverse needs of their members, offering a comprehensive range of financial solutions. [Max words: 116]
Official website here: www.homefieldcu.com
What do the Facebook reviews say about Homefield Credit Union?
100% of 9 reviewers on Facebook recommend Homefield Credit Union. Here is a summary of their reviews:
Customers consistently praise the exceptional service and friendly atmosphere at the credit union. Many describe it as a great place for banking, highlighting the kindness of the staff and the overall positive experiences they’ve had.
Overall, the sentiment is overwhelmingly positive, with users expressing satisfaction with both the quality of service and the welcoming environment provided by Homefield Credit Union.
This AI summary has been generated from reviews found on Facebook.
Is Homefield Credit Union legitimate?
Homefield Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Homefield 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: $651,951
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,572,962
For more financial information, click here
Official website here: www.homefieldcu.com
What is the mission statement of Homefield Credit Union?
Homefield Credit Union's mission is centered around providing lifetime service to its members. This community-based financial institution aims to achieve this goal by offering innovative financial products and delivering high-quality services. The team of dedicated professionals at Homefield Credit Union strives to meet the diverse needs of its members, including financing for both residential and business loans. As of December 31, 2022, the credit union had 760 such loans on its balance sheet.
Official website here: www.homefieldcu.com
Who is the CEO of Homefield Credit Union?
Karl Moisan is the President & Ceo of Homefield Credit Union. The CEO's salary of Homefield Credit Union is $241,675 and their total compensation is $257,675.
Official website here: www.homefieldcu.com
What is the revenue of Homefield Credit Union?
Homefield Credit Union's revenue in 2022 was $6,532,037.
Official website here: www.homefieldcu.com
Who are the executives of Homefield Credit Union and what are their salaries?
The average compensation at Homefield Credit Union during 2022 was $55,623. There are 40 employees at Homefield Credit Union.
Here are 14 key members and their salaries (Homefield Credit Union's CEO's salary is $241,675 and their total compensation is $257,675):
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- Compensation: $241,675
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- Other: $16,000
- Compensation: $209,200
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- Other: $19,074
- Compensation: $160,882
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- Other: $5,121
Official website here: www.homefieldcu.com
Where can I find the form 990 for Homefield Credit Union?
Homefield Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homefieldcu.com
Learn more at the official website: www.homefieldcu.com
Mission Statement of Homefield Credit Union
Homefield Credit Union, established as a community-focused organization, is dedicated to serving its members. Their mission is to deliver a lifetime of personal service, leveraging innovative products and quality services, all handled by a team of dedicated professionals. This commitment is aimed at meeting the diverse needs of its members, ensuring a comprehensive and satisfactory experience.
Furthermore, Homefield Credit Union specializes in providing financing for home and business loans, catering to both purchase and refinance transactions. As of December 31, 2022, the credit union had 760 such loans on its balance sheet, reflecting its active role in facilitating financing for its members. Overall, Homefield Credit Union's mission is to create a positive impact in the lives of its members by offering tailored financial solutions and exceptional service.
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Impact
October, 2024
Homefield Credit Union significantly impacts its community by offering accessible financing solutions for both home and business loans. Located in North Grafton, MA, the credit union serves its members with a commitment to innovation and quality service. As of December 31, 2022, Homefield Credit Union had successfully managed 760 loans, demonstrating its role as a vital financial resource for individuals and businesses in the area.
Through its dedicated team of professionals, Homefield Credit Union strives to provide personalized service that meets the diverse needs of its members, fostering financial well-being and stability within the community. By prioritizing member needs and offering tailored products, Homefield helps empower individuals and businesses to achieve their goals, contributing positively to the local economy.
This information is meant to be a general summary of Homefield 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: $665,490
- Program Service Revenue: $5,866,547
- Gross Receipts: $6,532,037
Assets and Liabilities:
- Total Assets: $169,959,966
- Total Liabilities: $156,919,531
- Net Assets: $13,040,435
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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
$4,555,018
OTHER INCOME
Revenue
$997,638
SERVICE CHARGES
Revenue
$313,891
Organization Details
Founding Year
1966
Phone
(508) 839-5493Principal Officer
Karl Moisan
Main Address
86 WORCESTER STREET, NORTH GRAFTON, MA, 01536
Website
www.homefieldcu.comNTEE Category
Code: W60 - Public benefit
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