American Pride Credit Union

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

EIN: 230340750 ✦ Altoona, PA ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is American Pride Credit Union?

American Pride Credit Union is a community-focused financial institution located in Altoona, Pennsylvania. Established with a mission to foster savings and promote access to affordable credit, the credit union offers its members low-interest loans. Beyond financial services, it provides the opportunity for members to open savings and checking accounts at competitive rates. Furthermore, American Pride Credit Union extends its offerings to investment services, specifically for members' retirement accounts. With a team of eight dedicated employees, this credit union serves its members by empowering them to manage their finances democratically, aiming to enhance their economic and social well-being.


Official website here: www.americanpridecu.org

Is American Pride Credit Union legitimate?

American Pride Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. American Pride 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: $71,849
Professional Fundraising Fees: $0
Other Salaries and Wages: $88,183

For more financial information, click here


Official website here: www.americanpridecu.org

What is the mission statement of American Pride Credit Union?

American Pride Credit Union's mission is geared towards promoting financial prudence among its members. It aims to provide them with access to credit at reasonable interest rates, thereby empowering them to manage their finances democratically. This credit union also offers checking and savings accounts at competitive rates, providing members with a convenient and cost-effective way to manage their money. Additionally, American Pride Credit Union offers investment services and retirement accounts, helping its members plan for their financial future. In essence, its mission is to improve the economic and social conditions of its members by offering financial services on a democratic basis.


Official website here: www.americanpridecu.org

Who is the CEO of American Pride Credit Union?

Nick F Spallone is the President of American Pride Credit Union. The CEO's salary of American Pride Credit Union is $69,449 and their total compensation is $80,819.


Official website here: www.americanpridecu.org

What is the revenue of American Pride Credit Union?

American Pride Credit Union's revenue in 2022 was $655,228.


Official website here: www.americanpridecu.org

Who are the executives of American Pride Credit Union and what are their salaries?

The average compensation at American Pride Credit Union during 2022 was $20,004. There are 8 employees and 6 volunteers at American Pride Credit Union.


Here are 7 key members and their salaries (American Pride Credit Union's CEO's salary is $69,449 and their total compensation is $80,819):


Nick F Spallone (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Potopa (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert D Lender (Treasurer)
  • Compensation: $1,380
  • Related: $0
  • Other: $0
Denise M Reeder (Secretary/Director)
  • Compensation: $255
  • Related: $0
  • Other: $0
Jon C Frank (Secretary)
  • Compensation: $765
  • Related: $0
  • Other: $0
Jonathan E Mifflin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted L Glunt (Manager/Ceo)
  • Compensation: $69,449
  • Related: $0
  • Other: $11,370


Official website here: www.americanpridecu.org

Where can I find the form 990 for American Pride Credit Union?

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


Official website here: www.americanpridecu.org

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

Mission Statement of American Pride Credit Union

American Pride Credit Union is committed to fostering financial prudence among its members. Its mission is to establish a reliable source of affordable loans and provide an avenue for members to manage their funds independently, thereby enhancing their economic and social well-being. By offering its members the chance to open savings and checking accounts at competitive rates, American Pride Credit Union empowers them to effectively utilize and control their finances. Additionally, the credit union extends investment services, including retirement accounts, allowing members to plan for their financial future with confidence.

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

American Pride Credit Union plays a significant role in enhancing the financial well-being of its members and the surrounding community in Altoona, PA. By promoting thrift and encouraging responsible money management, the credit union fosters a culture of saving among its members.

With a focus on providing low-interest loans, American Pride gives individuals access to credit that can be life-changing, enabling them to invest in their futures without the burden of high-interest rates. The credit union offers competitive checking and savings accounts, which empower members to grow their savings and manage their finances with ease.

In addition, American Pride Credit Union supports members' long-term financial goals through investment services for retirement accounts, helping them prepare for a secure future. This holistic approach to member services not only strengthens individual financial situations but also uplifts the community as a whole, cultivating economic growth and social betterment. By enabling members to exercise control over their finances on a democratic basis, American Pride fosters a sense of empowerment and shared responsibility within the community.




This information is meant to be a general summary of American Pride 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
$655,228 (2022)
Expenses
$569,340 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $156,363
  • Program Service Revenue: $276,013
  • Gross Receipts: $655,228

Assets and Liabilities:

  • Total Assets: $22,591,283
  • Total Liabilities: $207,647
  • Net Assets: $22,383,636

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

INTEREST ON LOANS

Revenue

$276,013

Organization Details

Founding Year

1932

Principal Officer

Nick F Spallone

Main Address

1431 VALLEY VIEW BOULEVARD, Altoona, PA, 16602

NTEE Category

Code: W60 - Public benefit

If you are a representative of American Pride Credit Union 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.