Overview
What is Berylco Employees Credit Union?
Berylco Employees Credit Union is a Pennsylvania-chartered nonprofit organization, based in Hamburg, Pennsylvania. With a modest workforce of three individuals, this credit union primarily focuses on providing savings and loan services to its members at competitive interest rates. The core mission of Berylco Employees Credit Union is to offer financial assistance to its members, ensuring they have access to affordable financial solutions. The credit union's headquarters can be located at PO Box 363, Hamburg, PA 19526.
Is Berylco Employees Credit Union legitimate?
Berylco Employees Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Berylco Employees 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: $12,240
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Berylco Employees Credit Union?
The Berylco Employees Credit Union, established in Pennsylvania, is primarily focused on providing financial services. Its mission is to offer these services competitively to its members, ensuring they receive favorable interest rates on loans. The credit union prioritizes providing loans at competitive rates, demonstrating its commitment to supporting its member base financially.
What is the revenue of Berylco Employees Credit Union?
Berylco Employees Credit Union's revenue in 2024 was $53,393.
Who are the executives of Berylco Employees Credit Union and what are their salaries?
The average compensation at Berylco Employees Credit Union during 2024 was $4,080. There are 3 employees and 8 volunteers at Berylco Employees Credit Union.
Here are 11 key members and their salaries:
- Compensation: $7,740
- Related: $0
- Other: $0
- Compensation: $3,000
- Related: $0
- Other: $0
- Compensation: $1,500
- 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
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Berylco Employees Credit Union?
Berylco Employees Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Berylco Employees Credit Union
Berylco Employees Credit Union, a financial institution established in Pennsylvania, is dedicated to its mission. This mission involves providing its members with a variety of financial services, ensuring they receive these services at competitive rates. The credit union is particularly known for offering loans at advantageous interest rates. By doing so, Berylco Employees Credit Union aims to make financial services more accessible and affordable for its members, thereby contributing positively to their financial well-being.
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Impact
October, 2024
Berylco Employees Credit Union significantly impacts its community by providing accessible financial services to its members in Hamburg, PA. By offering savings and loans, the credit union empowers individuals to achieve their financial goals while promoting financial literacy and responsible borrowing practices.
With loans available at competitive interest rates, Berylco Employees Credit Union fosters economic well-being among its members, making it easier for them to invest in personal and community development. The commitment to supporting members financially helps create a stable economic environment, encouraging local growth and enhancing the quality of life in the area. Through its mission to offer financial services at fair rates, the credit union plays a crucial role in ensuring that its members can make informed financial decisions and contribute positively to their community.
This information is meant to be a general summary of Berylco Employees 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 2024.
- Investment Income: $12,605
- Program Service Revenue: $8,245
- Gross Receipts: $53,393
Assets and Liabilities:
- Total Assets: $2,008,630
- Total Liabilities: $996,877
- Net Assets: $1,011,753
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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
$8,245
Organization Details
Founding Year
1957
Principal Officer
Thomas D Stork
NTEE Category
Code: W60 - Public benefit
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