Achieve Financial Credit Union

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

EIN: 060696607 ✦ Berlin, CT ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Achieve Financial Credit Union?

Achieve Financial Credit Union is a nonprofit organization that prioritizes offering financial services to its members. Their primary focus is on serving their membership base by providing various financial solutions. The organization's mission is crystal clear, emphasizing the provision of financial assistance to its members, ensuring they have access to the financial resources they need.


Official website here: www.achievefinancialcu.com

Is Achieve Financial Credit Union legitimate?

Achieve Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Achieve Financial 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: $769,223
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,730,194

For more financial information, click here


Official website here: www.achievefinancialcu.com

What is the mission statement of Achieve Financial Credit Union?

Achieve Financial Credit Union is committed to serving its members by offering various financial services. Their primary mission is to provide these financial services, ensuring member satisfaction and support. The credit union dedicates its efforts to meeting the financial needs of its members, aiming to enhance their financial well-being. Their services encompass a wide range of financial solutions, including savings, loans, and other banking services. The credit union's mission is to empower its members to make informed financial decisions and achieve their financial goals.


Official website here: www.achievefinancialcu.com

Who is the CEO of Achieve Financial Credit Union?

Andrew Klimkoski is the Director of Achieve Financial Credit Union. The CEO's salary of Achieve Financial Credit Union is $308,635 and their total compensation is $338,909.


Official website here: www.achievefinancialcu.com

What is the revenue of Achieve Financial Credit Union?

Achieve Financial Credit Union's revenue in 2022 was $10,293,726.


Official website here: www.achievefinancialcu.com

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

The average compensation at Achieve Financial Credit Union during 2022 was $58,126. There are 43 employees at Achieve Financial Credit Union.


Here are 12 key members and their salaries (Achieve Financial Credit Union's CEO's salary is $308,635 and their total compensation is $338,909):


Thomas Langdon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Stairs (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Ackerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fredericks (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Richards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dene Welage (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Yussman (Cfo)
  • Compensation: $156,287
  • Related: $0
  • Other: $12,900
Andrew Klimkoski (President/Ceo)
  • Compensation: $308,635
  • Related: $0
  • Other: $30,274
Lisa Calabro (Vice President)
  • Compensation: $119,088
  • Related: $0
  • Other: $15,697
Melissa D'Agostino (Member Experience Officer)
  • Compensation: $118,393
  • Related: $0
  • Other: $5,156
Brian Scavone (Coo)
  • Compensation: $160,017
  • Related: $0
  • Other: $6,600


Official website here: www.achievefinancialcu.com

Where can I find the form 990 for Achieve Financial Credit Union?

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


Official website here: www.achievefinancialcu.com

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

Mission Statement of Achieve Financial Credit Union

Achieve Financial Credit Union, as a financial institution, is committed to extending its financial services to its members. By adopting this mission, the credit union aims to empower its members by providing them with the necessary financial tools and resources. This mission is carried out through the provision of various financial services, ensuring that each member's financial needs are met effectively. In essence, Achieve Financial Credit Union serves as a reliable partner to its members, offering them financial assistance and support.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Achieve Financial Credit Union plays a significant role in its community by providing essential financial services to its members. Located in Berlin, CT, the credit union focuses on helping individuals and families achieve their financial goals through a variety of offerings. These services are designed to be accessible and supportive, fostering financial well-being among members.

By focusing on the public benefit, Achieve Financial Credit Union contributes to the overall economic health of the community. It empowers members with the tools and resources they need to manage their finances effectively, whether through loans, savings accounts, or personalized financial advice. In doing so, the credit union not only enhances individual members' financial literacy and stability but also strengthens the fabric of the community as a whole.




This information is meant to be a general summary of Achieve Financial 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
$10,293,726 (2022)
201120122013201420152016201720182019202020212022$0$3M$6M$9M$12M
Expenses
$8,300,755 (2022)
201120122013201420152016201720182019202020212022$0$2.5M$5M$7.5M$10M
Efficiency
2011201220132014201520162017201820192020202120220%7%14%21%33%

Other financial information:

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

  • Investment Income: $804,005
  • Program Service Revenue: $5,831,922
  • Gross Receipts: $10,293,726

Assets and Liabilities:

  • Total Assets: $183,250,727
  • Total Liabilities: $173,932,195
  • Net Assets: $9,318,532

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

LOAN INCOME

Revenue

$5,831,922

Organization Details

Founding Year

1954

Principal Officer

Andrew Klimkoski

Main Address

PO BOX 7030, BERLIN, CT, 06037

NTEE Category

Code: W60 - Public benefit

If you are a representative of Achieve Financial 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.