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Northwest Federal Credit Union Foundation

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

EIN: 202945601 ✦ Herndon, VA ✦ Designated as a 501(c)(3)

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Overview

What is Northwest Federal Credit Union Foundation?

The Northwest Federal Credit Union Foundation is a charitable organization based in Herndon, Virginia. Their primary mission is to empower youth, encouraging them to achieve their goals by supporting their learning, celebrating life, and promoting their health and wellbeing. In 2021, they awarded 27 scholarships of $5,000 each to aspiring student members of Northwest Federal Credit Union. The foundation operates within the larger credit union, contributing to its overall mission of uplifting its community members.


Official website here: www.nwfcufoundation.org

Is Northwest Federal Credit Union Foundation legitimate?

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

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

The Northwest Federal Credit Union Foundation's mission is centered around empowering youth. It aims to assist young individuals in achieving their goals by providing them with opportunities to learn and celebrate life. Furthermore, the foundation is committed to supporting the health and wellbeing of these youth. In 2021, they awarded 27 scholarships worth $5,000 each to aspiring student members of NWFCU, demonstrating their dedication to supporting the educational aspirations of young people.


Official website here: www.nwfcufoundation.org

Who is the CEO of Northwest Federal Credit Union Foundation?

Samuel Collins is the Chairman of Northwest Federal Credit Union Foundation.


Official website here: www.nwfcufoundation.org

What is the revenue of Northwest Federal Credit Union Foundation?

Northwest Federal Credit Union Foundation's revenue in 2022 was $334,269.


Official website here: www.nwfcufoundation.org

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


Here are 7 key members and their salaries:


Jeff Bentley (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juri Valdov (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Holmes (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Defelice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adalene Spivy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milly Cramer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Stackman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nwfcufoundation.org

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

Northwest Federal Credit Union Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nwfcufoundation.org

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

Mission Statement of Northwest Federal Credit Union Foundation

The Northwest Federal Credit Union Foundation is dedicated to empowering youth to achieve their goals. They accomplish this by providing opportunities for learning and celebration, as well as supporting the health and wellbeing of these young individuals. This mission is reflected in their 2021 activities, where they awarded 27 scholarships worth $5,000 each to aspiring student members of NWFCU. By investing in the education and wellbeing of young people, the Northwest Federal Credit Union Foundation is helping to shape the leaders of tomorrow.

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Impact




October, 2024

Northwest Federal Credit Union Foundation significantly impacts the lives of youth by providing essential support in education and well-being. In 2021, the foundation awarded 27 scholarships, each valued at $5,000, to aspiring student members, enabling them to pursue their educational goals and reach their full potential. By focusing on empowerment, the foundation helps young individuals learn, celebrate their achievements, and promotes their overall health and well-being, fostering a generation equipped to thrive. Located in Herndon, VA, the foundation's mission is dedicated to nurturing the aspirations of its community’s youth through vital resources and opportunities in education.




This information is meant to be a general summary of Northwest 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
$334,269 (2022)
Expenses
$219,694 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $46,926
  • Gross Receipts: $365,913

Assets and Liabilities:

  • Total Assets: $1,470,055
  • Total Liabilities: $6,042
  • Net Assets: $1,464,013

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Organization Details

Founding Year

2004

Principal Officer

Samuel Collins

Main Address

200 SPRING STREET, HERNDON, VA, 20170

NTEE Category

Code: B60 - Education

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