Monmouth County Postal Employees Credit Union

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

EIN: 210649618 ✦ Red bank, NJ ✦ Designated as a 501(c)(14)

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Overview

What is Monmouth County Postal Employees Credit Union?

Monmouth County Postal Employees Credit Union is a nonprofit organization dedicated to promoting financial stability and thrift among its members. By offering a variety of financial services, the credit union aims to help its members achieve their financial goals and maintain financial well-being. Their mission encompasses providing essential financial tools to assist members in navigating their financial journeys. The credit union's offerings include a diverse range of financial services, designed to cater to its members' needs.


Official website here: www.monmouthpostalcu.org

Is Monmouth County Postal Employees Credit Union legitimate?

Monmouth County Postal Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Monmouth County 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: $81,354
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,079

For more financial information, click here


Official website here: www.monmouthpostalcu.org

What is the mission statement of Monmouth County Postal Employees Credit Union?

The Monmouth County Postal Employees Credit Union's primary objective is to encourage savings among its members. It achieves this by offering a variety of financial services to help its members achieve their financial objectives and attain stability. At its core, the credit union's mission is to provide financial stability and foster thrift within its membership. The credit union's activities include offering financial services to its members.


Official website here: www.monmouthpostalcu.org

Who is the CEO of Monmouth County Postal Employees Credit Union?

Cathy Costa is the Chairperson of Monmouth County Postal Employees Credit Union. The CEO's salary of Monmouth County Postal Employees Credit Union is $77,480 and their total compensation is $81,354.


Official website here: www.monmouthpostalcu.org

What is the revenue of Monmouth County Postal Employees Credit Union?

Monmouth County Postal Employees Credit Union's revenue in 2022 was $386,220.


Official website here: www.monmouthpostalcu.org

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

The average compensation at Monmouth County Postal Employees Credit Union during 2022 was $60,811. There are 3 employees at Monmouth County Postal Employees Credit Union.


Here are 7 key members and their salaries (Monmouth County Postal Employees Credit Union's CEO's salary is $77,480 and their total compensation is $81,354):


Eileen Rubano (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Maida (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Dugan (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Linsangan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Costa (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Turoff (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Costa (Manager/Ceo)
  • Compensation: $77,480
  • Related: $0
  • Other: $3,874


Official website here: www.monmouthpostalcu.org

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

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


Official website here: www.monmouthpostalcu.org

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

Mission Statement of Monmouth County Postal Employees Credit Union

Monmouth County Postal Employees Credit Union, with a mission at its core, is dedicated to fostering financial stability and promoting thrift among its members. This mission is achieved through the provision of a diverse array of financial services. The credit union aims to assist its members in achieving their financial objectives and securing a sense of financial stability in their lives. By offering a wide range of financial services, Monmouth County Postal Employees Credit Union empowers its members to navigate their financial journeys with confidence and stability.

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Impact




October, 2024

Monmouth County Postal Employees Credit Union plays a vital role in enhancing the financial well-being of its members in Red Bank, NJ. By promoting thrift and providing a diverse array of financial services, the credit union assists its members in reaching their financial goals and achieving long-term stability.

The programs offered enable members to manage their finances more efficiently, fostering a culture of savings and responsible financial practices. This support not only benefits individual members but also contributes positively to the local economy by enhancing the financial literacy and stability of the community.

Through its commitment to fostering financial health, Monmouth County Postal Employees Credit Union strengthens relationships among its membership, creating a supportive network that encourages economic growth and resilience within the community.




This information is meant to be a general summary of Monmouth County 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
$386,220 (2022)
Expenses
$455,400 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $317,110
  • Program Service Revenue: $69,110
  • Gross Receipts: $386,220

Assets and Liabilities:

  • Total Assets: $24,756,673
  • Total Liabilities: $20,040,420
  • Net Assets: $4,716,253

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Programs

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

OTHER INCOME

Revenue

$63,993

FEE INCOME

Revenue

$5,117

Organization Details

Founding Year

1928

Principal Officer

Cathy Costa

Main Address

171 BROAD STREET, RED BANK, NJ, 07701

NTEE Category

Code: Z99 - Unknown

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