Regional Water Authority Employees Credit Union Inc

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

EIN: 060724181 ✦ New haven, CT ✦ Designated as a 501(c)(14)

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Overview

What is Regional Water Authority Employees Credit Union Inc?

Regional Water Authority Employees Credit Union Inc is a nonprofit financial institution, specifically a credit union, dedicated to serving its members. This organization offers a range of financial services, utilizing its position within the financial sector to cater to its membership base. The primary mission of Regional Water Authority Employees Credit Union Inc is to provide its members with reliable financial assistance, ensuring they have access to essential financial services.

Is Regional Water Authority Employees Credit Union Inc legitimate?

Regional Water Authority Employees Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Regional Water Authority Employees Credit Union Inc 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: $68,340
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Regional Water Authority Employees Credit Union Inc?

The Regional Water Authority Employees Credit Union Inc's mission is centered around providing financial services to its members. Acting as a credit union within the financial institution sector, the organization offers its services with the aim of catering to its member base. The credit union operates with the primary goal of serving its members financially, ensuring they have the necessary financial tools and resources at their disposal.

Who is the CEO of Regional Water Authority Employees Credit Union Inc?

Sarah Bochicchio is the Director of Regional Water Authority Employees Credit Union Inc. The CEO's salary of Regional Water Authority Employees Credit Union Inc is $47,100 and their total compensation is $47,100.

What is the revenue of Regional Water Authority Employees Credit Union Inc?

Regional Water Authority Employees Credit Union Inc's revenue in 2022 was $132,391.

Who are the executives of Regional Water Authority Employees Credit Union Inc and what are their salaries?


Here are 4 key members and their salaries (Regional Water Authority Employees Credit Union Inc's CEO's salary is $47,100 and their total compensation is $47,100):


Vicki Lawson (Director)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Christina Gagne (Secretary)
  • Compensation: $20,040
  • Related: $0
  • Other: $0
Marcel Piekarski (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Bochicchio (Ceo-Manager)
  • Compensation: $47,100
  • Related: $0
  • Other: $0
Where can I find the form 990 for Regional Water Authority Employees Credit Union Inc?

Regional Water Authority Employees Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Regional Water Authority Employees Credit Union Inc

The Regional Water Authority Employees Credit Union, as a nonprofit organization, is dedicated to providing financial services for its members. Operating within the realm of financial institutions, this credit union's mission is to cater to the financial needs of its members in a comprehensive manner. By offering a variety of financial services, the credit union aims to contribute positively to the financial well-being of its members.

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Impact




October, 2024

Regional Water Authority Employees Credit Union Inc significantly enhances the financial well-being of its members by providing tailored financial services. Located in New Haven, CT, the credit union serves the specific needs of its members, offering a range of products designed to promote financial stability and growth.

By facilitating access to affordable loans, savings accounts, and other financial services, the credit union fosters a sense of community and support among its members. This local focus not only empowers individuals to manage their finances effectively but also helps strengthen the economic resilience of the broader community. The credit union’s commitment to its members ensures that financial resources are available to those who may not have access to traditional banking services, ultimately contributing to improved financial literacy and stability within the region.




This information is meant to be a general summary of Regional Water Authority Employees Credit Union Inc. 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
$132,391 (2022)
Expenses
$132,050 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $73,433
  • Program Service Revenue: $38,104
  • Gross Receipts: $132,391

Assets and Liabilities:

  • Total Assets: $7,051,536
  • Total Liabilities: $6,439,498
  • Net Assets: $612,038

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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

$38,104

Organization Details

Founding Year

1955

Principal Officer

Sarah Bochicchio

Main Address

90 SARGENT DRIVE, NEW HAVEN, CT, 06511

NTEE Category

Code: W60 - Public benefit

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