Norwalk Hospital Credit Union

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

EIN: 060940464 ✦ Norwalk, 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 Norwalk Hospital Credit Union?

Norwalk Hospital Credit Union is a member-focused financial institution, established with the aim of fostering savings habits and responsible borrowing among its members. By offering dividend payments on shares and loans for beneficial purposes, the credit union encourages thrift. Its services extend beyond traditional banking, incorporating personalized assistance from member service representatives and advanced personal financial technology. In essence, Norwalk Hospital Credit Union provides a comprehensive suite of financial services tailored to its members' needs.


Official website here: www.nohocu.com

Is Norwalk Hospital Credit Union legitimate?

Norwalk Hospital Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Norwalk Hospital 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: $143,446
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,134

For more financial information, click here


Official website here: www.nohocu.com

What is the mission statement of Norwalk Hospital Credit Union?

The Norwalk Hospital Credit Union's mission is centered around promoting savings among its members and providing them with loan opportunities for prudent and beneficial purposes. This mission is achieved through offering financial services, which can range from personal assistance from a member service representative to the latest technological tools for managing finances. In essence, the credit union aims to encourage savings behavior and offer accessible loans to its members.


Official website here: www.nohocu.com

What is the revenue of Norwalk Hospital Credit Union?

Norwalk Hospital Credit Union's revenue in 2024 was $901,152.


Official website here: www.nohocu.com

Who are the executives of Norwalk Hospital Credit Union and what are their salaries?

The average compensation at Norwalk Hospital Credit Union during 2024 was $40,316. There are 5 employees at Norwalk Hospital Credit Union.

Here are 7 key members and their salaries:


Donald Robertson (Director/Treasurer/Manager)
  • Compensation: $66,969
  • Related: $0
  • Other: $0
Gregory Arakelian (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Courtney (Director/Office Manager)
  • Compensation: $76,477
  • Related: $0
  • Other: $0
Candace Meader (Board Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Kazzi-Cabrera (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wiegand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Eckenrode (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nohocu.com

Where can I find the form 990 for Norwalk Hospital Credit Union?

Norwalk Hospital Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.nohocu.com

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

Mission Statement of Norwalk Hospital Credit Union

Norwalk Hospital Credit Union, a financial institution dedicated to its members, is committed to fostering savings habits among its clientele. Its primary mission is to offer an avenue for its members to accumulate dividend payments on their deposits. Additionally, the credit union extends loans to its members for various provident and productive purposes. The Norwalk Hospital Credit Union is not just about personal service from its representatives or the latest in financial technology, but it embodies the spirit of promoting thrift and responsible lending. It strives to provide financial services that cater to the needs of its members, ensuring they have the means to save and access loans for their future endeavors.

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

Norwalk Hospital Credit Union significantly impacts its members by providing essential financial services tailored to their needs. By promoting thrift and responsible lending, the credit union enables members to accumulate savings through dividend payments on their deposits. This focus on financial health allows individuals to make informed decisions regarding their personal finances.

Members benefit from a combination of personalized service and advanced financial technology, ensuring they have access to the resources they need for effective money management. The credit union’s commitment to supporting provident and productive financial practices empowers its members to pursue their financial goals, whether through savings or loans designed for their specific circumstances.

Through these efforts, Norwalk Hospital Credit Union fosters a strong sense of community and financial well-being, helping members achieve stability and growth in their personal finances.




This information is meant to be a general summary of Norwalk Hospital 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
$901,152 (2024)
Expenses
$1,156,802 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $361,386
  • Program Service Revenue: $539,766
  • Gross Receipts: $901,152

Assets and Liabilities:

  • Total Assets: $40,150,955
  • Total Liabilities: $36,901,533
  • Net Assets: $3,249,422

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.

MEMBER LOAN INTEREST I

Revenue

$423,742

MEMBER SERVICE FEE INC

Revenue

$113,142

FEES PAID BY NON-MEMBE

Revenue

$2,882

Organization Details

Founding Year

1976

Principal Officer

Donald Robertson

NTEE Category

Code: W60 - Public benefit

If you are a representative of Norwalk Hospital 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.