Niagara Frontier Federal Municipal Employees Credit Union

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

EIN: 160570030 ✦ Niagara falls, NY ✦ Designated as a 501(c)(14)

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Overview

What is Niagara Frontier Federal Municipal Employees Credit Union?

The Niagara Frontier Federal Municipal Employees Credit Union, situated at 615 Main Street, Niagara Falls, New York, operates as a nonprofit entity. Its primary objective is to offer financial services akin to banks, fostering savings and approving loans. The credit union is committed to effective financial management, aiming to maintain earnings and ensure continued growth or savings for its members. With a small workforce of three individuals, the credit union serves its community by providing essential financial services.


Official website here: www.nffmecu.com

Is Niagara Frontier Federal Municipal Employees Credit Union legitimate?

Niagara Frontier Federal Municipal Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Niagara Frontier Federal Municipal 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: $57,932
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,662

For more financial information, click here


Official website here: www.nffmecu.com

What is the mission statement of Niagara Frontier Federal Municipal Employees Credit Union?

The Niagara Frontier Federal Municipal Employees Credit Union's mission is centered around offering financial services akin to banks. The primary objective is to promote savings among its members and approve loans when necessary. Furthermore, the credit union is committed to effective financial management, aiming to either maintain existing savings or facilitate continuous growth. In essence, their mission is to serve their members financially, fostering savings and providing loan opportunities while managing funds efficiently.


Official website here: www.nffmecu.com

Who is the CEO of Niagara Frontier Federal Municipal Employees Credit Union?

Michele Fritzke is the Treasurer & Secretary of Niagara Frontier Federal Municipal Employees Credit Union.


Official website here: www.nffmecu.com

What is the revenue of Niagara Frontier Federal Municipal Employees Credit Union?

Niagara Frontier Federal Municipal Employees Credit Union's revenue in 2022 was $109,072.


Official website here: www.nffmecu.com

Who are the executives of Niagara Frontier Federal Municipal Employees Credit Union and what are their salaries?

The average compensation at Niagara Frontier Federal Municipal Employees Credit Union during 2022 was $22,531. There are 3 employees and 10 volunteers at Niagara Frontier Federal Municipal Employees Credit Union.


Here are 7 key members and their salaries:


Michele Fritzke (Treasurer & Secretary)
  • Compensation: $57,932
  • Related: $0
  • Other: $0
Anthony Mikesic (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francine Bax (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernadette Di'Martile (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Lavalley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Young (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Walter (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nffmecu.com

Where can I find the form 990 for Niagara Frontier Federal Municipal Employees Credit Union?

Niagara Frontier Federal Municipal Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nffmecu.com

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

Mission Statement of Niagara Frontier Federal Municipal Employees Credit Union

Niagara Frontier Federal Municipal Employees Credit Union, as a financial institution, is committed to a mission that mirrors bank services. Its primary objective is to foster savings among its members and extend loan approvals. Additionally, the credit union is dedicated to managing its finances effectively, aiming to maintain financial stability or promote continuous growth. By offering financial services akin to banks, the Niagara Frontier Federal Municipal Employees Credit Union seeks to encourage responsible financial management among its members.

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Impact




October, 2024

Niagara Frontier Federal Municipal Employees Credit Union significantly impacts the financial well-being of its members by offering a range of financial services akin to those provided by traditional banks. By encouraging savings and facilitating loan approvals, the credit union empowers individuals to manage their finances effectively. Their focus on financial management further aids members in maintaining their savings and fostering continued growth.

Located in Niagara Falls, NY, the credit union serves as a vital resource for its community, enabling members to achieve their financial goals and enhance their economic stability. Through its commitment to public benefit, Niagara Frontier Federal Municipal Employees Credit Union plays a crucial role in promoting financial literacy and providing access to affordable financial products tailored to the needs of municipal employees.




This information is meant to be a general summary of Niagara Frontier Federal Municipal 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.

Revenue
$109,072 (2022)
Expenses
$154,066 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $109,072
  • Gross Receipts: $109,072

Assets and Liabilities:

  • Total Assets: $3,126,387
  • Total Liabilities: $2,766,443
  • Net Assets: $359,944

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Organization Details

Founding Year

1931

Principal Officer

Michele Fritzke

Main Address

615 Main Street, Niagara Falls, NY, 143020182

NTEE Category

Code: W60 - Public benefit

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