Postal Employees Credit Union

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

EIN: 210539240 ✦ Trenton, NJ ✦ Designated as a 501(c)(14)

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Overview

What is Postal Employees Credit Union?

Postal Employees Credit Union is a nonprofit organization located in Trenton, New Jersey. It serves around 2,000 members by managing approximately 4,000 deposit accounts. The primary mission of this credit union is to offer lending, saving, and other financial services at favorable terms compared to the market, with a focus on member satisfaction. This member-owned financial institution operates with a service-centric approach, ensuring that its offerings meet the needs of its qualified members effectively.


Official website here: www.pecu24.org

Is Postal Employees Credit Union legitimate?

Postal Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Postal 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: $117,939
Professional Fundraising Fees: $0
Other Salaries and Wages: $165,308

For more financial information, click here


Official website here: www.pecu24.org

What is the mission statement of Postal Employees Credit Union?

The Postal Employees Credit Union is committed to offering financial services to its eligible members. Their mission is to provide lending, savings, and other financial solutions on favorable terms, surpassing what's typically available in the market. They operate with a service-oriented approach, acknowledging their members as the credit union's owners. The credit union returns dividends and interest on around 4,000 deposit accounts held by approximately 2,000 members.


Official website here: www.pecu24.org

Who is the CEO of Postal Employees Credit Union?

Darryl Belinski is the Ceo of Postal Employees Credit Union. The CEO's salary of Postal Employees Credit Union is $117,939 and their total compensation is $117,939.


Official website here: www.pecu24.org

What is the revenue of Postal Employees Credit Union?

Postal Employees Credit Union's revenue in 2022 was $954,366.


Official website here: www.pecu24.org

Who are the executives of Postal Employees Credit Union and what are their salaries?

The average compensation at Postal Employees Credit Union during 2022 was $47,208. There are 6 employees and 8 volunteers at Postal Employees Credit Union.


Here are 6 key members and their salaries (Postal Employees Credit Union's CEO's salary is $117,939 and their total compensation is $117,939):


Darryl Belinski (Ceo)
  • Compensation: $117,939
  • Related: $0
  • Other: $0
Mark Maccaroni (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Lang (Secretary/Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joann Bowen (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Hawk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Norton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pecu24.org

Where can I find the form 990 for Postal Employees Credit Union?

Postal Employees Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pecu24.org

Learn more at the official website: www.pecu24.org

Mission Statement of Postal Employees Credit Union

Postal Employees Credit Union, as a financial institution, is committed to providing its qualified members with a range of beneficial financial services. Their mission, in essence, is to offer competitive lending, savings, and other financial solutions to its members, ensuring they receive better terms than what is generally available in the market. This mission is underpinned by a strong service-oriented focus, recognizing the members' status as owners of the credit union. The credit union's operations result in dividends and interest being paid to its approximately 2,000 members, who hold around 4,000 deposit accounts. In summary, Postal Employees Credit Union is dedicated to serving its members by offering financially advantageous services and maintaining a service-oriented approach, which values its members as co-owners.

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Impact




October, 2024

Postal Employees Credit Union significantly enhances the financial well-being of its members by offering a range of services tailored to meet their needs. With approximately 2,000 members and around 4,000 deposit accounts, the credit union provides dividends and interest that often surpass what is typically available in the marketplace.

By focusing on lending, savings, and other financial services, the credit union prioritizes member satisfaction and recognizes each member's status as an owner. This service-based approach emphasizes community and support, ensuring that members receive personalized and attentive service. The credit union's commitment to favorable terms and conditions fosters financial growth and stability for its members, contributing positively to the local economy in Trenton, NJ.




This information is meant to be a general summary of Postal 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
$954,366 (2022)
Expenses
$1,023,344 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $239,270
  • Program Service Revenue: $715,096
  • Gross Receipts: $954,366

Assets and Liabilities:

  • Total Assets: $38,706,166
  • Total Liabilities: $32,783,162
  • Net Assets: $5,923,004

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Loan Interest

Revenue

$642,711

Fee Income

Revenue

$72,385

Organization Details

Founding Year

1928

Principal Officer

Darryl Belinski

Main Address

PO Box 8033, Trenton, NJ, 08650

NTEE Category

Code: Z99 - Unknown

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