Overview
What is Bhcu?
Bhcu, short for Bhcu Credit Union, is a nonprofit organization based in Ridley Park, Pennsylvania. The primary goal of Bhcu is to promote thrift among its members, creating a reliable source of credit for them at reasonable rates of interest. Members have the opportunity to manage and control their own funds democratically through Bhcu, aiming to improve their economic and social conditions. With a commitment to financial stability and protection, Bhcu offers a variety of products tailored to its members' needs. By making wise investments, providing affordable loans, and offering high-yielding dividends, Bhcu aims to continually enhance its members' financial experiences. As of the provided information, Bhcu employs 34 individuals.
Official website here: www.bhcu.org
Is Bhcu legitimate?
Bhcu is a legitimate nonprofit organization registered as a 501(c)(14) entity. Bhcu 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: $1,460,659
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,320,963
For more financial information, click here
Official website here: www.bhcu.org
What is the mission statement of Bhcu?
Bhcu, a credit union, is dedicated to promoting financial stability and protection for its members. The credit union achieves this by making wise investments, offering low-interest loans, and providing high-yielding dividends. Their mission is to create a source of credit for members at reasonable rates and provide an opportunity for members to manage their money democratically, aiming to improve their economic and social conditions. Bhcu is committed to providing the highest level of service and courtesy to its members as its product and service offerings expand.
Official website here: www.bhcu.org
Who is the CEO of Bhcu?
Gary Golden is the President & Chairman Of Bo of Bhcu. The CEO's salary of Bhcu is $635,520 and their total compensation is $1,116,570.
Official website here: www.bhcu.org
What is the revenue of Bhcu?
Bhcu's revenue in 2022 was $8,145,035.
Official website here: www.bhcu.org
Who are the executives of Bhcu and what are their salaries?
The average compensation at Bhcu during 2022 was $81,812. There are 34 employees at Bhcu.
Here are 15 key members and their salaries (Bhcu's CEO's salary is $635,520 and their total compensation is $1,116,570):
- Compensation: $15,600
- Related: $0
- Other: $0
- Compensation: $8,200
- Related: $0
- Other: $0
- Compensation: $9,200
- Related: $0
- Other: $0
- Compensation: $8,800
- Related: $0
- Other: $0
- Compensation: $8,800
- Related: $0
- Other: $0
- Compensation: $6,200
- Related: $0
- Other: $0
- Compensation: $14,600
- Related: $0
- Other: $0
- Compensation: $9,600
- Related: $0
- Other: $0
- Compensation: $9,200
- Related: $0
- Other: $0
- Compensation: $635,520
- Related: $0
- Other: $481,050
- Compensation: $230,149
- Related: $0
- Other: -$21,382
- Compensation: $196,614
- Related: $0
- Other: $72,591
- Compensation: $121,476
- Related: $0
- Other: $55,459
- Compensation: $147,012
- Related: $0
- Other: $32,652
- Compensation: $111,910
- Related: $0
- Other: $38,316
Official website here: www.bhcu.org
Where can I find the form 990 for Bhcu?
Bhcu's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bhcu.org
Learn more at the official website: www.bhcu.org
Mission Statement of Bhcu
Bhcu, a credit union, is dedicated to promoting financial stability and protection for its members. Its mission is to create a source of credit for its members at reasonable rates of interest, while also providing them with an opportunity to manage their money democratically. The credit union aims to improve the economic and social conditions of its members by making sound investments, offering low-interest loans, and providing high-yielding dividends. Bhcu is committed to offering products that meet the needs of its members, ensuring they receive the highest level of service and courtesy possible as its product lines expand.
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Impact
October, 2024
Bhcu plays a significant role in enhancing the financial well-being of its members by promoting thrift and providing accessible credit options. By creating a cooperative environment, Bhcu allows its members to manage their finances democratically, improving their economic and social conditions.
Through sound investments and the provision of low-interest loans, Bhcu supports its members in achieving financial stability. The credit union also offers high-yielding dividends, encouraging savings and effective money management among its members. As Bhcu continues to expand its product offerings, the organization prioritizes exceptional service, ensuring members receive the highest level of support and expertise.
Overall, Bhcu's impact is reflected in its commitment to fostering a financially secure community, empowering individuals to take control of their financial futures, and encouraging responsible financial practices.
This information is meant to be a general summary of Bhcu. 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: $951,397
- Program Service Revenue: $6,177,092
- Gross Receipts: $14,575,467
Assets and Liabilities:
- Total Assets: $226,173,847
- Total Liabilities: $202,242,687
- Net Assets: $23,931,160
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST OF LOANS
Revenue
$6,177,092
Organization Details
Founding Year
1952
Phone
(610) 595-2929Principal Officer
Gary Golden
Main Address
501 INDUSTRIAL HIGHWAY, RIDLEY PARK, PA, 190781139
Website
www.bhcu.orgNTEE Category
Code: W60 - Public benefit
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