New Haven Firefighters Credit Union

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

EIN: 060677564 ✦ New haven, CT ✦ Designated as a 501(c)(14)

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Overview

What is New Haven Firefighters Credit Union?

New Haven Firefighters Credit Union is a nonprofit organization situated in New Haven, Connecticut. Its primary mission is to provide financial services, catering specifically to firefighters and their immediate family members. This includes offering them low-interest rate loans and high-dividend rate share accounts. With a small workforce of three dedicated individuals, the credit union aims to support the financial well-being of its member community.

Is New Haven Firefighters Credit Union legitimate?

New Haven Firefighters Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. New Haven Firefighters 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: $63,446
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,403

For more financial information, click here

What is the mission statement of New Haven Firefighters Credit Union?

The New Haven Firefighters Credit Union is committed to providing financial services, serving firefighters and their immediate family members. Their mission encompasses offering low-interest rate loans and high dividend rate share accounts to this specific group, aiming to support their financial needs effectively. By doing so, the union aims to contribute positively to the well-being and financial security of these individuals, who play a vital role in protecting their communities.

Who is the CEO of New Haven Firefighters Credit Union?

Michelle Serra is the Board Chairman of New Haven Firefighters Credit Union.

What is the revenue of New Haven Firefighters Credit Union?

New Haven Firefighters Credit Union's revenue in 2022 was $351,998.

Who are the executives of New Haven Firefighters Credit Union and what are their salaries?

The average compensation at New Haven Firefighters Credit Union during 2022 was $51,616. There are 3 employees and 8 volunteers at New Haven Firefighters Credit Union.


Here are 7 key members and their salaries:


Russel Anderson (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zofia Jakubiec (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Walker (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Hewitt (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Kottage (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Serra (Treasurer)
  • Compensation: $63,446
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Haven Firefighters Credit Union?

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

Mission Statement of New Haven Firefighters Credit Union

The New Haven Firefighters Credit Union is dedicated to serving a specific community. Its mission, in its essence, is to offer financial services. This extends to firefighters and their immediate family members. The credit union aims to provide them with financial assistance through low-interest rate loans and high-dividend rate share accounts. This, in turn, empowers this particular group to manage their finances more effectively. The credit union's activities are centered around this mission, providing financial security and stability to the brave individuals who protect our communities.

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Impact




October, 2024

New Haven Firefighters Credit Union plays a crucial role in supporting the financial well-being of firefighters and their immediate family members in New Haven, CT. By offering low-interest rate loans and high-dividend rate share accounts, the credit union ensures that its members have access to affordable financial options tailored specifically for their unique needs.

This community-oriented institution helps firefighters manage their finances with products designed to empower them, making it easier for families to save and invest in their futures. The accessibility of these financial services fosters a stronger sense of security among members, allowing them to focus on their demanding roles in public safety without the burden of exorbitant financial stress.

In essence, the New Haven Firefighters Credit Union strengthens the fabric of the local firefighting community by promoting financial literacy, facilitating economic growth, and enhancing the overall quality of life for its members through dedicated, personalized financial services.




This information is meant to be a general summary of New Haven Firefighters 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
$351,998 (2022)
Expenses
$288,809 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $79,839
  • Program Service Revenue: $219,876
  • Gross Receipts: $351,998

Assets and Liabilities:

  • Total Assets: $8,131,358
  • Total Liabilities: $6,610,017
  • Net Assets: $1,521,341

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Programs

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

LOAN INTEREST

Revenue

$215,152

INSURANCE

Revenue

$4,724

Organization Details

Founding Year

1951

Principal Officer

Michelle Serra

Main Address

PO BOX 413 350 FERRY STREET, NEW HAVEN, CT, 06513

NTEE Category

Code: W60 - Public benefit

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