Belco Community Credit Union

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

EIN: 231445884 ✦ Harrisburg, PA ✦ Designated as a 501(c)(14)

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Overview

What is Belco Community Credit Union?

Belco Community Credit Union is a locally based, not-for-profit financial institution dedicated to serving the financial needs of its members and communities. With a strong dedication to building trust and fostering relationships, Belco aims to provide exceptional services, ensuring gold standard customer experiences. Their mission encompasses a commitment to offering competitive products tailored to the community.


Official website here: www.belco.org

Is Belco Community Credit Union legitimate?

Belco Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Belco 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: $1,369,974
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,776,764

For more financial information, click here


Official website here: www.belco.org

What is the mission statement of Belco Community Credit Union?

Belco Community Credit Union is a locally-based not-for-profit financial institution committed to addressing the financial needs of its members and communities. Its mission is to create and nurture relationships and deliver exceptional service, as it strives to meet the financial requirements of its members competitively. The organization prioritizes trust, relationship-building, and delivering superior service in all its operations.


Official website here: www.belco.org

Who is the CEO of Belco Community Credit Union?

Amey R Sgrignoli is the President / Ceo of Belco Community Credit Union. The CEO's salary of Belco Community Credit Union is $484,856 and their total compensation is $533,392.


Official website here: www.belco.org

What is the revenue of Belco Community Credit Union?

Belco Community Credit Union's revenue in 2022 was $48,046,376.


Official website here: www.belco.org

Who are the executives of Belco Community Credit Union and what are their salaries?

The average compensation at Belco Community Credit Union during 2022 was $46,749. There are 324 employees and 14 volunteers at Belco Community Credit Union.


Here are 20 key members and their salaries (Belco Community Credit Union's CEO's salary is $484,856 and their total compensation is $533,392):


Terry Hessler (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Myxter (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie F Miller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Cohick (Assistant Treasurer (Ending 11/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
William F O'Donnell (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Gamble (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly A Lilley (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret A Minnich (Director (Ending 04/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Leidigh (Director (Beginning 04/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Sterner (Director (Beginning 07/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Amey R Sgrignoli (President / Ceo)
  • Compensation: $484,856
  • Related: $0
  • Other: $48,536
Jason Allen (Svp Of Lending)
  • Compensation: $210,459
  • Related: $0
  • Other: $22,863
Paul Perini (Svp Of Retail)
  • Compensation: $188,352
  • Related: $0
  • Other: $21,509
Samuel Glesner (Svp Of Corp Support)
  • Compensation: $181,305
  • Related: $0
  • Other: $21,667
Rebeka Landon (Svp Of Finance)
  • Compensation: $160,632
  • Related: $0
  • Other: $20,968
Timothy Bradley (Vp Information Technology)
  • Compensation: $160,301
  • Related: $0
  • Other: $6,356
Michael Wolfe (Vp Lending)
  • Compensation: $153,558
  • Related: $0
  • Other: $19,788
Robert E Hoke (Vp Of Corp. Support)
  • Compensation: $136,153
  • Related: $0
  • Other: $19,841
Marti Speck (Vp Hr & Training)
  • Compensation: $128,265
  • Related: $0
  • Other: $19,129
Nathan Davis (Business Services Manager)
  • Compensation: $113,126
  • Related: $0
  • Other: $18,508


Official website here: www.belco.org

Where can I find the form 990 for Belco Community Credit Union?

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


Official website here: www.belco.org

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

Mission Statement of Belco Community Credit Union

Belco Community Credit Union, a locally-based not-for-profit financial institution, is dedicated to fulfilling the financial needs of its members and communities. With a commitment to building trust and creating strong relationships, Belco offers competitive products and services to its members.

At the heart of Belco's mission lies its dedication to providing gold star service. This means more than just offering financial products; it involves building a connection with each member to better understand their unique financial situation and needs. By focusing on the community it serves, Belco strives to go above and beyond in delivering top-notch service that exceeds expectations.

Belco Community Credit Union is more than just a financial institution. It is a trusted partner that aims to make a positive impact on the lives of its members. By staying true to its mission, Belco has fostered a sense of loyalty and commitment among its members, who appreciate the personalized attention and care they receive. As Belco continues to grow and evolve, it remains steadfast in its dedication to meeting the financial needs of its community.

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Impact




October, 2024

Belco Community Credit Union significantly impacts the Harrisburg community by offering tailored financial services that address the specific needs of its members. By prioritizing trust and relationship-building, the credit union fosters a sense of community among its members. Its commitment to "Gold Star Service" ensures that members receive personalized support, making financial education and accessibility its cornerstone.

In addition to competitive products and services, Belco is dedicated to creating a positive economic environment in the region. By supporting local initiatives and advocating for community development, the credit union enhances the overall well-being of its members and the broader community. This local focus not only empowers individuals financially but also strengthens local businesses and the economy in Harrisburg, PA. Through these efforts, Belco Community Credit Union plays a crucial role in building a more financially sustainable and inclusive community.




This information is meant to be a general summary of Belco 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.

Revenue
$48,046,376 (2022)
Expenses
$40,889,110 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,401,334
  • Program Service Revenue: $42,086,786
  • Gross Receipts: $49,279,226

Assets and Liabilities:

  • Total Assets: $935,041,238
  • Total Liabilities: $891,246,439
  • Net Assets: $43,794,799

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Programs

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

INTEREST INCOME

Revenue

$27,205,718

FEE INCOME

Revenue

$13,781,081

INVESTMENT SERVICE/ OTHER INCOME

Revenue

$518,810

CORPORATE CREDIT UNION MEMBER CAP

Revenue

$506,849

NON-MEMBER ATM

Revenue

$74,328

Organization Details

Founding Year

1939

Principal Officer

Amey R Sgrignoli

Main Address

449 EISENHOWER BLVD, HARRISBURG, PA, 17111

NTEE Category

Code: W60 - Public benefit

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