Delco Postal Credit Union

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

EIN: 231633653 ✦ Upper darby, PA ✦ Designated as a 501(c)(14)

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Overview

What is Delco Postal Credit Union?

Delco Postal Credit Union is a member-owned financial institution based in Upper Darby, Pennsylvania. Established in 1963, its primary mission is to offer personalized, high-quality services while maintaining financial stability. The credit union serves a membership of 1,267 individuals, providing low-interest loans, affordable financial services, and dividends on savings accounts. Operating for over five decades, Delco Postal Credit Union has expanded its offerings beyond daily necessities, aiming to be the best choice for all financial needs. Membership is open to employees of Delaware County Post Offices, members of the Wolfe-Baron Lodge, and their relatives. The credit union's ultimate goal is to serve as its members' primary banking institution.


Official website here: www.delcopostal.com

Is Delco Postal Credit Union legitimate?

Delco Postal Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Delco Postal 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,711

For more financial information, click here


Official website here: www.delcopostal.com

What is the mission statement of Delco Postal Credit Union?

Delco Postal Credit Union, being a member-owned organization, aims to provide its members with convenient, high-quality, and personalized services while ensuring financial stability. The credit union's primary goal is to achieve ultimate member satisfaction. Established in 1963, Delco Postal Credit Union has expanded its offerings beyond everyday necessities, aiming to become the best choice for all financial needs. It extends its membership to individuals employed at Delaware County post offices, members of the Wolfe-Baron Lodge, and their relatives. The credit union's mission is to serve as the members' primary banking institution.


Official website here: www.delcopostal.com

Who is the CEO of Delco Postal Credit Union?

Daniel Millett is the CEO of Delco Postal Credit Union The CEO's salary of Delco Postal Credit Union is $9,250 and their total compensation is $9,250.


Official website here: www.delcopostal.com

What is the revenue of Delco Postal Credit Union?

Delco Postal Credit Union's revenue in 2022 was $192,362.


Official website here: www.delcopostal.com

Who are the executives of Delco Postal Credit Union and what are their salaries?

The average compensation at Delco Postal Credit Union during 2022 was $8,452. There are 6 employees at Delco Postal Credit Union.

Here are 9 key members and their salaries (Delco Postal Credit Union's CEO's salary is $9,250 and their total compensation is $9,250):


Daniel Millett (Ceo/Vice Chairperson)
  • Compensation: $9,250
  • Related: $0
  • Other: $0
Gerald Liberace (Secretary/Treasurer)
  • Compensation: $12,475
  • Related: $0
  • Other: $0
Frank Andreozzi (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Doran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Devlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Dobbins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simon Flaim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Millett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Welischek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.delcopostal.com

Where can I find the form 990 for Delco Postal Credit Union?

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


Official website here: www.delcopostal.com

Learn more at the official website: www.delcopostal.com

Mission Statement of Delco Postal Credit Union

Delco Postal Credit Union, established in 1963, is a member-owned organization with a mission to provide convenient, high-quality, and personalized services while maintaining financial stability. Their ultimate goal is to achieve member satisfaction. Over the years, Delco Postal Credit Union has expanded its product and service offerings beyond everyday necessities, aiming to be the best choice for every financial need. They extend their membership to individuals employed at Delaware County Post Offices, members of the Wolfe-Baron Lodge, and their relatives. The organization's mission is to serve as the primary banking institution for its members, prioritizing their needs and satisfaction.

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Impact




October, 2024

Delco Postal Credit Union plays a significant role in its community by providing accessible and reliable financial services tailored to meet the needs of its members. Established in 1963, the credit union has demonstrated a commitment to enhancing financial well-being through personalized service and a member-focused approach.

It serves 1,267 members, offering low-interest loans and a variety of low or no-cost financial services, all while providing dividends on savings accounts. By catering specifically to individuals employed at Delaware County post offices, members of the Wolfe-Baron Lodge, and their families, Delco Postal Credit Union fosters a sense of belonging and community.

The credit union's emphasis on financial stability and customer satisfaction makes it a vital institution for those it serves, ensuring that members can access the financial resources they need to thrive. As a trusted financial partner, Delco Postal Credit Union continues to evolve its product and service offerings to address the comprehensive financial needs of its community effectively.




This information is meant to be a general summary of Delco Postal 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
$192,362 (2022)
Expenses
$196,691 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,358
  • Program Service Revenue: $121,015
  • Gross Receipts: $192,362

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

INCOME FROM LOANS

Revenue

$121,015

Organization Details

Founding Year

1963

Principal Officer

Rachael Mattioni

NTEE Category

Code: W60 - Public benefit

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