Overview
What is Westerly Community Credit Union?
Westerly Community Credit Union, located at 4979 Tower Hill Road in Wakefield, Rhode Island (02879), is a member-owned financial institution with a mission to enhance the financial wellbeing of its members. With a team of 92 employees, the credit union offers high-quality, affordable financial services. Their primary activities include maintaining members' deposit accounts, paying interest and dividends. The credit union's compassionate and caring approach sets it apart, as it is dedicated to providing value to its members.
Official website here: www.westerlyccu.com
Is Westerly Community Credit Union legitimate?
Westerly Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Westerly Community 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: $1,188,126
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,448,419
For more financial information, click here
Official website here: www.westerlyccu.com
What is the mission statement of Westerly Community Credit Union?
Westerly Community Credit Union is a member-owned financial institution committed to enhancing the financial wellbeing of its members. Established with a mission to provide value in the products and services offered, the credit union prioritizes compassionate and caring customer service. Its primary focus is on maintaining members' deposit accounts and paying interest and dividends. By offering high-quality, low-cost financial services, Westerly Community Credit Union aims to make a positive impact on its members' lives.
Official website here: www.westerlyccu.com
Who is the CEO of Westerly Community Credit Union?
Stephen White is the CEO of Westerly Community Credit Union The CEO's salary of Westerly Community Credit Union is $337,551 and their total compensation is $378,915.
Official website here: www.westerlyccu.com
What is the revenue of Westerly Community Credit Union?
Westerly Community Credit Union's revenue in 2023 was $22,886,086.
Official website here: www.westerlyccu.com
Who are the executives of Westerly Community Credit Union and what are their salaries?
The average compensation at Westerly Community Credit Union during 2023 was $63,332. There are 89 employees at Westerly Community Credit Union.
Here are 15 key members and their salaries (Westerly Community Credit Union's CEO's salary is $337,551 and their total compensation is $378,915):
- Compensation: $14,200
- Related: $0
- Other: $0
- Compensation: $10,600
- Related: $0
- Other: $0
- Compensation: $10,600
- Related: $0
- Other: $0
- Compensation: $10,600
- Related: $0
- Other: $0
- Compensation: $9,400
- Related: $0
- Other: $0
- Compensation: $9,400
- Related: $0
- Other: $0
- Compensation: $9,400
- Related: $0
- Other: $0
- Compensation: $9,100
- Related: $0
- Other: $0
- Compensation: $9,400
- Related: $0
- Other: $0
- Compensation: $9,400
- Related: $0
- Other: $0
- Compensation: $337,551
- Related: $0
- Other: $41,364
- Compensation: $223,488
- Related: $0
- Other: $11,006
- Compensation: $194,541
- Related: $0
- Other: $33,693
- Compensation: $175,663
- Related: $0
- Other: $21,258
- Compensation: $154,783
- Related: $0
- Other: $31,928
Official website here: www.westerlyccu.com
Where can I find the form 990 for Westerly Community Credit Union?
Westerly Community Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.westerlyccu.com
Learn more at the official website: www.westerlyccu.com
Mission Statement of Westerly Community Credit Union
Westerly Community Credit Union, a member-owned and operated financial institution, is dedicated to enhancing the financial wellbeing of its members. With a mission to provide value in the products delivered and compassionate and caring service, the credit union aims to improve the financial livelihoods of its owner-members.
At the heart of Westerly Community Credit Union's operations is the maintenance of members' deposit accounts. The credit union offers various financial products, including savings and checking accounts, that provide members with a safe and reliable place to save and manage their money. Additionally, the credit union pays interest and dividends on members' deposits, ensuring that their savings grow over time.
Westerly Community Credit Union's commitment to its members goes beyond just providing financial services. The credit union places a strong emphasis on compassionate and caring service. By treating each member with respect and understanding, the credit union fosters a strong sense of community among its members.
In summary, Westerly Community Credit Union is a member-focused financial institution that is dedicated to improving the financial wellbeing of its members. Through its various financial products and compassionate service, the credit union helps its members manage their money effectively and build a better financial future.
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Impact
October, 2024
Westerly Community Credit Union plays a significant role in enhancing the financial wellbeing of its members in Wakefield, RI, by offering high-quality and low-cost financial services. By focusing on the maintenance of members' deposit accounts and providing competitive interest rates and dividends, the credit union fosters a sense of financial security and growth among its member owners.
The organization is distinctly member-owned and operated, ensuring that its mission remains centered on delivering value and compassionate service to its community. This member-centric approach not only strengthens financial stability for individuals but also contributes to the overall economic health of the community. By prioritizing the needs and interests of its members, Westerly Community Credit Union effectively cultivates a supportive environment that promotes financial education and empowerment, further amplifying its positive impact on the lives of those it serves.
This information is meant to be a general summary of Westerly Community 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 2023.
- Investment Income: $1,021,695
- Program Service Revenue: $21,166,026
- Gross Receipts: $33,438,714
Assets and Liabilities:
- Total Assets: $452,757,930
- Total Liabilities: $420,996,863
- Net Assets: $31,761,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME ON LOANS
Revenue
$18,008,604
MEMBER SERVICE FEES
Revenue
$3,157,422
Organization Details
Founding Year
1948
Principal Officer
Andrew Rogers
Website
www.westerlyccu.comNTEE Category
Code: W60 - Public benefit
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