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Affinity Federal Credit Union Foundation

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

EIN: 202706810 ✦ Basking ridge, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Affinity Federal Credit Union Foundation?

Affinity Federal Credit Union Foundation is a charitable organization linked to Affinity Federal Credit Union and its members. Acting as its philanthropic arm, the Foundation's mission is to foster financial wellness, empower self-sufficiency through educational programs, and ensure access to vital healthcare services within the communities it serves. The Foundation provides financial assistance to nonprofits that share its objectives, playing a crucial role in enhancing the lives of its community members. Located at 73 Mountainview Blvd, Basking Ridge, NJ 07920.


Official website here: www.affinitygives.org

Is Affinity Federal Credit Union Foundation legitimate?

Affinity Federal Credit Union Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Affinity Federal 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.affinitygives.org

What is the mission statement of Affinity Federal Credit Union Foundation?

The Affinity Federal Credit Union Foundation, serving as the philanthropic arm of Affinity Federal Credit Union and its members, is committed to providing mission-aligned financial support to nonprofit organizations. Their primary goal is to enhance financial wellness within their community while offering educational programs that foster self-sufficiency. Additionally, the foundation is dedicated to ensuring access to essential healthcare services, thus contributing to the betterment of the communities they serve.


Official website here: www.affinitygives.org

What is the revenue of Affinity Federal Credit Union Foundation?

Affinity Federal Credit Union Foundation's revenue in 2023 was $259,673.


Official website here: www.affinitygives.org

Who are the executives of Affinity Federal Credit Union Foundation and what are their salaries?

There 35 volunteers at Affinity Federal Credit Union Foundation.

Here are 15 key members and their salaries:


Karla Wallack (Executive Dir.)
  • Compensation: $0
  • Related: $139,910
  • Other: $8,846
John Fenton (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Herbst (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre Solomon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kawanzaa King (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Alzate-Duque (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Cohen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Giannelli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Jansen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacquelyn Kearns (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryanne Melanson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Sharp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shay Wadher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Reade (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Watkinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.affinitygives.org

Where can I find the form 990 for Affinity Federal Credit Union Foundation?

Affinity Federal Credit Union Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.affinitygives.org

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

Mission Statement of Affinity Federal Credit Union Foundation

Affinity Federal Credit Union Foundation, the philanthropic arm of Affinity Federal Credit Union and its members, is dedicated to a mission that encompasses three main objectives. Firstly, the Foundation aims to enhance financial wellness among its members and communities by providing them with tailored solutions. Secondly, it focuses on offering educational programs that promote self-sufficiency, empowering individuals to take charge of their financial lives. Lastly, the Foundation is committed to ensuring access to essential healthcare services, providing necessary support to nonprofit organizations that share these values. By offering financial assistance to aligned nonprofits, Affinity Federal Credit Union Foundation is making a significant impact in improving the lives of its members and communities.

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Impact




October, 2024

Affinity Federal Credit Union Foundation significantly impacts its community by providing essential financial support to nonprofit organizations that align with its mission. Based in Basking Ridge, NJ, the Foundation focuses on enhancing financial wellness, offering educational programs that promote self-sufficiency, and ensuring access to vital healthcare services. Through its philanthropic initiatives, the Foundation empowers both its members and the broader community, creating pathways for improved quality of life and economic stability. The commitment to these goals fosters a stronger, more resilient community that can meet individual and collective needs effectively.




This information is meant to be a general summary of Affinity Federal 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.

Revenue
$259,673 (2023)
Expenses
$329,172 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $24,722
  • Gross Receipts: $309,639

Assets and Liabilities:

  • Total Assets: $788,142
  • Total Liabilities: $248,485
  • Net Assets: $539,657

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Organization Details

Founding Year

2005

Principal Officer

Karla Wallack

NTEE Category

Code: T30 - Philanthropy

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