Overview
What is Trumark Financial Credit Union?
Trumark Financial Credit Union, a financial institution located in Fort Washington, PA, serves its members by encouraging savings and offering affordable credit. This nonprofit organization provides essential financial services, enabling its members to effectively manage their finances. By fostering thrift and creating a reliable source of credit at reasonable rates, Trumark Financial Credit Union fulfills a vital role in the community.
Official website here: www.trumarkonline.org
Is Trumark Financial Credit Union legitimate?
Trumark Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Trumark Financial 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: $4,713,225
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,925,753
For more financial information, click here
Official website here: www.trumarkonline.org
What is the mission statement of Trumark Financial Credit Union?
Trumark Financial Credit Union is dedicated to encouraging savings among its members and serving as a reliable source of affordable credit. The credit union's mission allows members to access various financial services. Trumark Financial Credit Union focuses on promoting financial responsibility and providing reasonable borrowing options for its members. By fostering thrift and offering credit at advantageous rates, the credit union enables its members to effectively manage their financial resources.
Official website here: www.trumarkonline.org
Who is the CEO of Trumark Financial Credit Union?
Kelly Botti is the Principal Officer of Trumark Financial Credit Union. The CEO's salary of Trumark Financial Credit Union is $553,753 and their total compensation is $607,604.
Official website here: www.trumarkonline.org
What is the revenue of Trumark Financial Credit Union?
Trumark Financial Credit Union's revenue in 2022 was $116,734,544.
Official website here: www.trumarkonline.org
Who are the executives of Trumark Financial Credit Union and what are their salaries?
The average compensation at Trumark Financial Credit Union during 2022 was $68,569. There are 476 employees and 16 volunteers at Trumark Financial Credit Union.
Here are 24 key members and their salaries (Trumark Financial Credit Union's CEO's salary is $553,753 and their total compensation is $607,604):
- Compensation: $36,815
- Related: $0
- Other: $59
- Compensation: $31,800
- Related: $0
- Other: $0
- Compensation: $48,850
- Related: $0
- Other: $0
- Compensation: $36,485
- Related: $0
- Other: $59
- Compensation: $35,949
- Related: $0
- Other: $0
- Compensation: $31,493
- Related: $0
- Other: $0
- Compensation: $30,633
- Related: $0
- Other: $0
- Compensation: $39,792
- Related: $0
- Other: $69
- Compensation: $36,232
- Related: $0
- Other: $0
- Compensation: $37,936
- Related: $0
- Other: $0
- Compensation: $36,968
- Related: $0
- Other: $0
- Compensation: $16,329
- Related: $0
- Other: $0
- Compensation: $1,198,693
- Related: $0
- Other: $40,094
- Compensation: $783,532
- Related: $0
- Other: $270,271
- Compensation: $553,753
- Related: $0
- Other: $53,851
- Compensation: $375,616
- Related: $0
- Other: $28,196
- Compensation: $366,211
- Related: $0
- Other: $53,851
- Compensation: $352,448
- Related: $0
- Other: $28,196
- Compensation: $230,435
- Related: $0
- Other: $11,439
- Compensation: $353,106
- Related: $0
- Other: $26,849
- Compensation: $297,933
- Related: $0
- Other: $26,743
- Compensation: $242,607
- Related: $0
- Other: $12,124
- Compensation: $229,364
- Related: $0
- Other: $26,207
- Compensation: $207,781
- Related: $0
- Other: $17,833
Official website here: www.trumarkonline.org
Where can I find the form 990 for Trumark Financial Credit Union?
Trumark Financial Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.trumarkonline.org
Learn more at the official website: www.trumarkonline.org
Mission Statement of Trumark Financial Credit Union
Trumark Financial Credit Union is an financial institution dedicated to encouraging savings among its members. By doing so, it functions as a reliable source of credit for its members, offering loans at reasonable interest rates. The credit union provides essential financial services, empowering individuals to effectively manage their finances.
Trumark Financial Credit Union's primary goal is to promote thrift, which is the practice of saving money on a regular basis. By doing so, members of the credit union are able to build a financial safety net, ensuring they are better prepared for unforeseen expenses or future financial needs. The credit union's accessible financial services make it easier for individuals to save and borrow, thus contributing to their financial well-being.
Trumark Financial Credit Union serves as a not-for-profit cooperative, designed to benefit its members rather than shareholders. It is committed to creating opportunities for its members to save, borrow, and access a range of financial products and services. The credit union's mission is rooted in the belief that financial stability and security are essential components of overall well-being. Through its various offerings, Trumark Financial Credit Union aims to help its members achieve and maintain their financial goals.
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Impact
October, 2024
Trumark Financial Credit Union significantly impacts its members and the community by promoting financial well-being and accessibility to financial services. Based in Fort Washington, PA, the credit union fosters a culture of thrift, encouraging members to save and invest wisely. By offering credit at reasonable rates, Trumark Financial empowers individuals and families to achieve their financial goals, such as home ownership, education, and other essential needs.
Moreover, Trumark Financial provides a range of resources and services designed to enhance financial literacy and support members' economic stability. Through its commitment to delivering essential financial products and personalized services, it creates a supportive environment that nurtures responsible financial behavior and encourages economic growth within the community. Overall, Trumark Financial Credit Union plays a vital role in enhancing the financial health and prosperity of its members and the broader community.
This information is meant to be a general summary of Trumark Financial 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,047,939
- Program Service Revenue: $88,982,909
- Gross Receipts: $221,460,123
Assets and Liabilities:
- Total Assets: $2,953,253,362
- Total Liabilities: $2,748,489,341
- Net Assets: $204,764,021
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME ON LOANS
Revenue
$76,098,658
FEES AND CHARGES
Revenue
$12,884,251
Organization Details
Founding Year
1939
Phone
(215) 953-5300Principal Officer
Kelly Botti
Main Address
335 COMMERCE DRIVE, FORT WASHINGTON, PA, 19034
Website
www.trumarkonline.orgNTEE Category
Code: W60 - Public benefit
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