Community Healthcare Credit Union Inc

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

EIN: 060767732 ✦ Manchester, CT ✦ Designated as a 501(c)(14)

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Overview

What is Community Healthcare Credit Union Inc?

Community Healthcare Credit Union Inc, headquartered unspecified, operates as a benevolent financial entity, offering credit union and banking services. Their primary objective lies in the provision of financial services, aiming to cater to the financial needs of their members. As a responsible financial institution, they contribute positively to the community by offering suitable financial solutions.


Official website here: www.chcu.org

Is Community Healthcare Credit Union Inc legitimate?

Community Healthcare Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Community Healthcare 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: $117,965
Professional Fundraising Fees: $0
Other Salaries and Wages: $132,610

For more financial information, click here


Official website here: www.chcu.org

What is the mission statement of Community Healthcare Credit Union Inc?

Community Healthcare Credit Union Inc, functioning as a credit union and financial institution, is committed to delivering financial services. Their mission, in essence, is to cater to the financial needs of its members, offering a range of services to help manage and grow their financial resources. While the provided information does not specify any particular goals or objectives beyond providing financial services, it implies that Community Healthcare Credit Union Inc prioritizes the financial well-being of its members.


Official website here: www.chcu.org

Who is the CEO of Community Healthcare Credit Union Inc?

Lisa Vitkus is the Ceo of Community Healthcare Credit Union Inc. The CEO's salary of Community Healthcare Credit Union Inc is $117,965 and their total compensation is $117,965.


Official website here: www.chcu.org

What is the revenue of Community Healthcare Credit Union Inc?

Community Healthcare Credit Union Inc's revenue in 2022 was $911,427.


Official website here: www.chcu.org

Who are the executives of Community Healthcare Credit Union Inc and what are their salaries?

The average compensation at Community Healthcare Credit Union Inc during 2022 was $50,115. There are 5 employees and 7 volunteers at Community Healthcare Credit Union Inc.


Here are 7 key members and their salaries (Community Healthcare Credit Union Inc's CEO's salary is $117,965 and their total compensation is $117,965):


Lisa Vitkus (Ceo)
  • Compensation: $117,965
  • Related: $0
  • Other: $0
Kelvin Sims (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Geagan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Anderson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Murdock-Meggers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Ray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chcu.org

Where can I find the form 990 for Community Healthcare Credit Union Inc?

Community Healthcare Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.chcu.org

Learn more at the official website: www.chcu.org

Mission Statement of Community Healthcare Credit Union Inc

Community Healthcare Credit Union Inc, as a financial services provider, fulfills its mission in a credit union and financial institution context. In this role, the organization offers various financial services to its clients. It is essential to note that Community Healthcare Credit Union Inc operates with a focus on providing financial services, positioning itself as a reliable financial institution for its clientele.

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Impact




October, 2024

Community Healthcare Credit Union Inc plays a vital role in enhancing the financial well-being of its members in Manchester, CT. By offering tailored financial services, it empowers individuals and families to achieve their financial goals. The credit union prioritizes the needs of the community it serves, facilitating access to affordable financial products and fostering a sense of community through shared economic participation.

Through its services, Community Healthcare Credit Union promotes financial literacy, offering resources and guidance that help members navigate their financial journeys. This support contributes to greater economic stability within the community, enabling members to make informed choices about saving, investing, and borrowing.

Additionally, by focusing on public benefit, the credit union strengthens community ties, creating a supportive environment where members can collaborate and uplift one another. Its commitment to serving the community positions it as a key player in promoting financial inclusivity and resilience, impacting the lives of its members and the broader Manchester area positively.




This information is meant to be a general summary of Community Healthcare 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
$911,427 (2022)
Expenses
$778,756 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $94,044
  • Program Service Revenue: $817,383
  • Gross Receipts: $911,427

Assets and Liabilities:

  • Total Assets: $17,069,844
  • Total Liabilities: $5,327
  • Net Assets: $17,064,517

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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

$533,635

Fee Income

Revenue

$200,617

Other Operating Income

Revenue

$83,131

Organization Details

Founding Year

1959

Principal Officer

Lisa Vitkus

Main Address

48 Haynes St, Manchester, CT, 06040

NTEE Category

Code: W60 - Public benefit

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