Overview
What is New York Credit Union Foundation?
The New York Credit Union Foundation is a nonprofit organization situated in Albany, New York. Its primary mission is to promote financial independence among New Yorkers by supporting credit unions, schools, and community organizations. To achieve this goal, the foundation offers various grant programs, such as Professional Development Grants, Financial Fitness Grants, and Smart Money Grants. These grants aim to fund educational opportunities and training for credit union employees and volunteers, support the operating needs of credit unions, and fund programs and services promoting financial literacy and independence, respectively. In essence, the New York Credit Union Foundation serves as a catalyst for financial growth and empowerment within the New York community.
Official website here: www.nycuf.org
Is New York Credit Union Foundation legitimate?
New York Credit Union Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Credit Union Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nycuf.org
What is the mission statement of New York Credit Union Foundation?
The New York Credit Union Foundation's mission is centered around fostering financial independence among individuals. It achieves this by serving credit unions, schools, and community organizations. The primary objective of the foundation is to support these entities that work towards enhancing financial literacy and independence among New Yorkers.
The foundation's mission is executed through various grantmaking programs. These include professional development grants, financial fitness grants, and smart money grants. The professional development grants provide funds for the education and training of credit union employees and volunteers. Financial fitness grants aid in meeting the general operating needs of credit unions, ultimately improving member service. Lastly, smart money grants support programs and services that promote financial literacy and independence.
Official website here: www.nycuf.org
Who is the CEO of New York Credit Union Foundation?
Edward Kovalefsky is the Trustee of New York Credit Union Foundation.
Official website here: www.nycuf.org
What is the revenue of New York Credit Union Foundation?
New York Credit Union Foundation's revenue in 2022 was $227,167.
Official website here: www.nycuf.org
Who are the executives of New York Credit Union Foundation and what are their salaries?
Here are 15 key members and their salaries:
- 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
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nycuf.org
Where can I find the form 990 for New York Credit Union Foundation?
New York Credit Union Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nycuf.org
Learn more at the official website: www.nycuf.org
Mission Statement of New York Credit Union Foundation
The New York Credit Union Foundation, as its mission statement suggests, aims to foster financial independence among New Yorkers. This is achieved by serving credit unions, schools, and community organizations that contribute to enhancing the financial literacy and self-sufficiency of residents in New York. The foundation carries out its mission through various grant programs. These include Professional Development Grants, Financial Fitness Grants, and Smart Money Grants. The Professional Development Grants provide funding for the education and training of credit union employees and volunteers. By doing so, the foundation ensures that these individuals possess the necessary skills to deliver optimal member service. Financial Fitness Grants help meet the operational needs of credit unions. Ultimately, this contributes to improving services for their members, thereby promoting financial independence. Lastly, Smart Money Grants support programs and services that promote financial literacy and self-reliance. These initiatives play a crucial role in equipping New Yorkers with the knowledge and skills required to manage their finances effectively.
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
The New York Credit Union Foundation significantly impacts the financial independence of New Yorkers through targeted support for credit unions. By offering a range of grantmaking programs, it enhances the capacity of credit unions to serve their members effectively.
Professional Development Grants are instrumental in funding the education and training of credit union employees and volunteers, equipping them with the skills necessary to provide top-notch service. Financial Fitness Grants cater to the operational needs of credit unions, ultimately leading to improved member services and fortifying the credit union sector's ability to serve the community.
Furthermore, Smart Money Grants promote financial literacy and independence by funding relevant programs and services. This comprehensive approach not only strengthens credit unions but also fosters a more financially informed and resilient community, contributing to the overall economic well-being of New Yorkers.
This information is meant to be a general summary of New York Credit Union Foundation. 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 2022.
- Investment Income: $867
- Gross Receipts: $607,892
Assets and Liabilities:
- Total Assets: $1,139,016
- Total Liabilities: $91,513
- Net Assets: $1,047,503
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1959
Phone
(800) 342-9835Principal Officer
Edward Kovalefsky
Main Address
PO BOX 15118, ALBANY, NY, 12212
Website
www.nycuf.orgNTEE Category
Code: S80 - Community improvement
If you are a representative of New York Credit Union Foundation 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.