Overview
What is Norton Troy Employees Credit Union?
Norton Troy Employees Credit Union is a nonprofit institution located in Cohoes, New York. Its primary mission is to serve the financial needs of Saint Gobain, Norton, and Nashua Companies' employees and retirees. They provide savings accounts, acting as a source of funds, and extend loans to their members. The credit union's activities and mission are centered around supporting this specific group of employees and retirees, aiming to enhance their financial well-being. The organization currently has a modest team of three dedicated individuals.
Is Norton Troy Employees Credit Union legitimate?
Norton Troy Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Norton Troy Employees 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: $80,023
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Norton Troy Employees Credit Union?
The Norton Troy Employees Credit Union's mission is centered around supporting the financial needs of St. Gobain and Retirees of St. Gobain, Norton & Nashua Companies. The primary activity of this credit union is to make savings accounts and loans accessible to its members, who are primarily the employees and retirees of these companies. The credit union aims to provide financial assistance in the form of loans to employees and offer a safe place for them to save their money in savings accounts. This institution serves as a vital financial resource for its members, helping them manage their finances effectively.
Who is the CEO of Norton Troy Employees Credit Union?
Robert Stewart is the Chairman of Norton Troy Employees Credit Union.
What is the revenue of Norton Troy Employees Credit Union?
Norton Troy Employees Credit Union's revenue in 2021 was $46,926.
Who are the executives of Norton Troy Employees Credit Union and what are their salaries?
The average compensation at Norton Troy Employees Credit Union during 2021 was $26,674. There are 3 employees at Norton Troy Employees Credit Union.
Here are 10 key members and their salaries:
- Compensation: $42,082
- Related: $0
- Other: $0
- Compensation: $29,222
- Related: $0
- Other: $0
- Compensation: $5,728
- Related: $0
- Other: $0
- Compensation: $2,991
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Norton Troy Employees Credit Union?
Norton Troy Employees Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Norton Troy Employees Credit Union
Norton Troy Employees Credit Union, a nonprofit organization, is dedicated to supporting the employees and retirees of Saint Gobain, Norton, and Nashua Companies. Its primary mission is to make available savings accounts and provide loans for these individuals. By offering savings accounts, the credit union aims to assist its members in building financial stability, while the provision of loans serves as a resource for Saint Gobain employees and retirees of Norton and Nashua Companies, helping them meet their financial needs. By facilitating access to savings and loans, Norton Troy Employees Credit Union plays a crucial role in supporting the financial well-being of its members, ultimately contributing to their overall quality of life.
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Impact
October, 2024
Norton Troy Employees Credit Union plays a significant role in supporting the financial well-being of employees and retirees of Saint Gobain, as well as those from Norton and Nashua companies. By providing access to savings accounts and loans, the credit union helps its members manage their finances effectively, offering them a pathway to save for the future and obtain necessary funds when needed. This support fosters a sense of community among employees and retirees, enhancing their overall financial stability and security. Additionally, by focusing on the specific needs of this workforce, the credit union contributes to a stronger local economy, helping individuals achieve their personal financial goals while reinforcing their loyalty to their employers. The credit union's operations in Cohoes, NY, are centered on empowering its members and ensuring their financial needs are met.
This information is meant to be a general summary of Norton Troy Employees 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $46,589
- Gross Receipts: $46,926
Assets and Liabilities:
- Total Assets: $5,112,526
- Total Liabilities: $4,244,530
- Net Assets: $867,996
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Organization Details
Founding Year
1939
Phone
(518) 267-2481Principal Officer
Robert Stewart
Main Address
C/O HRCCU 35 Niver Street, Cohoes, NY, 12047
NTEE Category
Code: Z99 - Unknown
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