Overview
What is Viriva Community Credit Union?
Viriva Community Credit Union is a cooperative savings and credit association based in Warminster, Pennsylvania. With a focus on promoting thrift among its members, the credit union provides a reliable source of credit at reasonable rates of interest. This nonprofit organization, consisting of 27 employees, aims to empower its members by offering them the opportunity to manage their funds democratically, thereby enhancing their economic and social conditions.
Official website here: www.viriva.com
Is Viriva Community Credit Union legitimate?
Viriva Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Viriva Community 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: $182,195
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,118,322
For more financial information, click here
Official website here: www.viriva.com
What is the mission statement of Viriva Community Credit Union?
Viriva Community Credit Union's mission is centered around providing its members with a reliable source of credit at reasonable interest rates. This cooperative organization, established for promoting thrift among its members, aims to improve their economic and social conditions by offering a democratic platform for them to manage and utilize their own funds. In essence, Viriva Community Credit Union serves as a financial institution that strives to meet its members' credit needs in a cost-effective manner, thereby enhancing their financial wellbeing.
Official website here: www.viriva.com
Who is the CEO of Viriva Community Credit Union?
James Mccaw is the President/Ceo of Viriva Community Credit Union. The CEO's salary of Viriva Community Credit Union is $157,688 and their total compensation is $182,195.
Official website here: www.viriva.com
What is the revenue of Viriva Community Credit Union?
Viriva Community Credit Union's revenue in 2020 was $3,723,537.
Official website here: www.viriva.com
Who are the executives of Viriva Community Credit Union and what are their salaries?
The average compensation at Viriva Community Credit Union during 2020 was $48,167. There are 27 employees and 8 volunteers at Viriva Community Credit Union.
Here are 9 key members and their salaries (Viriva Community Credit Union's CEO's salary is $157,688 and their total compensation is $182,195):
- Compensation: $157,688
- Related: $0
- Other: $24,507
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.viriva.com
Where can I find the form 990 for Viriva Community Credit Union?
Viriva Community Credit Union's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.viriva.com
Learn more at the official website: www.viriva.com
Mission Statement of Viriva Community Credit Union
Viriva Community Credit Union is devoted to serving its members by establishing a reliable source of credit at reasonable interest rates. This mission is rooted in the principles of cooperative savings and credit associations, aiming to promote thrift among its members and provide them with an opportunity to manage their own funds in a democratic manner. By doing so, Viriva Community Credit Union aims to enhance the economic and social conditions of its members. This mission underscores the credit union's commitment to its members, offering them financial assistance at fair terms while fostering a sense of community and collective control over their financial resources.
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Impact
October, 2024
Viriva Community Credit Union has a significant impact on its members and the broader community by fostering financial empowerment and stability. By providing access to credit at reasonable rates, the credit union promotes thrift and encourages responsible financial behaviors among its members. This cooperative approach allows individuals to manage and control their finances in a way that suits their unique needs, ultimately enhancing their economic and social conditions.
Located in Warminster, PA, Viriva operates on the principle of mutual support, enabling members to benefit from a community-oriented financial institution. This creates a positive cycle where members not only save and borrow but also contribute to the economic well-being of one another. The focus on creating sources of credit at fair rates aids in bridging the gap for those who may otherwise face difficulties accessing traditional financial services. In doing so, Viriva strengthens the local economy and promotes financial literacy and confidence among its members.
This information is meant to be a general summary of Viriva Community 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 2020.
- Investment Income: $688,011
- Program Service Revenue: $2,047,817
- Gross Receipts: $8,056,303
Assets and Liabilities:
- Total Assets: $82,892,132
- Total Liabilities: $75,320,313
- Net Assets: $7,571,819
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$2,047,817
Organization Details
Founding Year
1936
Phone
(215) 333-1201Principal Officer
James Mccaw
Main Address
157 YORK RD, WARMINSTER, PA, 18974
Website
www.viriva.comNTEE Category
Code: W60 - Public benefit
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