Overview
What is Credit Union National Association Inc?
Credit Union National Association Inc, based in Washington D.C., functions as a national trade association for credit unions. With a mission to support, protect, unify, and advance the objectives of the credit union system, this nonprofit organization offers comprehensive services. These include legislative, research, public relations, educational, and services development support for credit unions, ensuring their collective goals are met in Washington D.C. The association boasts a staff of 301 employees dedicated to this endeavor.
Official website here: www.cuna.org
Is Credit Union National Association Inc legitimate?
Credit Union National Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Credit Union National Association Inc 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: $5,047,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,942,682
For more financial information, click here
Official website here: www.cuna.org
What is the mission statement of Credit Union National Association Inc?
The Credit Union National Association, Inc. functions as a national trade organization that champions for the credit union system. Its primary goal is to support, shield, and advance the objectives of credit unions. The Association offers various forms of assistance, including legislative, research, public relations, educational, and services development support. In Washington D.C., they provide regulatory, legislative, and advocacy representation on behalf of credit unions.
Official website here: www.cuna.org
Who is the CEO of Credit Union National Association Inc?
Jim Nussle is the President/Ceo of Credit Union National Association Inc. The CEO's salary of Credit Union National Association Inc is $2,111,037 and their total compensation is $2,633,557.
Official website here: www.cuna.org
What is the revenue of Credit Union National Association Inc?
Credit Union National Association Inc's revenue in 2022 was $69,989,850.
Official website here: www.cuna.org
Who are the executives of Credit Union National Association Inc and what are their salaries?
The average compensation at Credit Union National Association Inc during 2022 was $89,669. There are 301 employees and 169 volunteers at Credit Union National Association Inc.
Here are 36 key members and their salaries (Credit Union National Association Inc's CEO's salary is $2,111,037 and their total compensation is $2,633,557):
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- Compensation: $2,111,037
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- Other: $43,070
- Compensation: $267,589
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- Other: $51,645
Official website here: www.cuna.org
Where can I find the form 990 for Credit Union National Association Inc?
Credit Union National Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cuna.org
Learn more at the official website: www.cuna.org
Mission Statement of Credit Union National Association Inc
Credit Union National Association, Inc. (CUNA) acts as a national trade association dedicated to championing the objectives and aspirations of credit unions. Established to support, shield, unify, and champion the credit union system, CUNA offers an extensive range of resources in the areas of legislation, research, public relations, education, and services development.
In the political sphere, CUNA is a formidable advocate for credit unions, working tirelessly to ensure their interests are represented in Washington D.C. Through its regulatory, legislative, and advocacy efforts, the organization safeguards the credit union system and advances its goals. By providing a powerful voice for credit unions on Capitol Hill, CUNA ensures that the unique nature and cooperative spirit of credit unions are preserved and strengthened.
CUNA's commitment to the credit union system extends beyond political advocacy. The organization conducts extensive research to help credit unions navigate the ever-changing financial landscape, offering valuable insights and best practices to enhance their operations. Additionally, CUNA's public relations efforts help build awareness and understanding of the credit union model among consumers and stakeholders, fostering a favorable environment for credit unions to thrive.
Education is another critical focus for CUNA. Through a variety of training programs and resources, the organization empowers credit union professionals to stay informed, develop new skills, and provide superior services to their members. By investing in the education and development of its members, CUNA strengthens the credit union system as a whole and positions it for long-term success.
In summary, Credit Union National Association, Inc. (CUNA) is a powerful advocate and trusted resource for credit unions, working tirelessly to protect, promote, and strengthen the credit union system. Through its unwavering commitment to regulatory and legislative advocacy, research, public relations, and education, CUNA plays a vital role in ensuring that credit unions can continue to provide affordable financial services and empower their members to achieve financial success.
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Impact
October, 2024
Credit Union National Association Inc (CUNA) plays a pivotal role in advocating for the interests of credit unions across the United States. By providing legislative and regulatory support, CUNA ensures that credit unions have a voice in Washington, D.C., influencing policies that affect their operations and member services.
Through research and educational initiatives, CUNA empowers credit unions with the knowledge and tools necessary to navigate an ever-evolving financial landscape. This support enhances not only the operational efficiency of credit unions but also their ability to serve their members effectively, ultimately fostering community improvement.
CUNA also engages in public relations efforts to bolster the reputation of credit unions, highlighting their unique value propositions in contrast to traditional banking institutions. By unifying the credit union system, CUNA cultivates a strong network that enhances collaboration and resource sharing among its members. In summary, CUNA significantly impacts the credit union industry by protecting its integrity, advancing its interests, and ensuring that it remains a vital component of the financial services sector.
This information is meant to be a general summary of Credit Union National Association Inc. 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: $471,831
- Program Service Revenue: $60,585,873
- Gross Receipts: $70,294,584
Assets and Liabilities:
- Total Assets: $64,434,073
- Total Liabilities: $35,678,487
- Net Assets: $28,755,586
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$34,180,185
ASSOCIATION SERVICES
Revenue
$16,393,366
GOVERNMENT AFFAIRS
Revenue
$8,287,306
BUSINESS/CONSUMER PUBL
Revenue
$1,053,599
OTHER PROGRAM REVENUE
Revenue
$671,417
Organization Details
Founding Year
1970
Phone
(800) 356-9655Principal Officer
Jim Nussle
Main Address
99 M STREET SE 300, WASHINGTON, DC, 20003
Website
www.cuna.orgNTEE Category
Code: S41 - Community improvement
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