Trumbull Federal Credit Union

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

EIN: 237200102 ✦ Trumbull, CT ✦ Designated as a 501(c)(14)

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Overview

What is Trumbull Federal Credit Union?

Trumbull Federal Credit Union, located at 5892 Main Street, Trumbull, Connecticut 06611, is a nonprofit organization dedicated to offering credit union financial services to eligible members. With a modest workforce of four employees, this credit union's mission is to provide its members with various financial services, ensuring they have access to credit, savings, and loan options. While not explicitly stated in the provided information, it is common for credit unions to prioritize community and member well-being, offering competitive interest rates and member-focused services.

Is Trumbull Federal Credit Union legitimate?

Trumbull Federal Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Trumbull Federal 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: $57,788

For more financial information, click here

What is the mission statement of Trumbull Federal Credit Union?

Trumbull Federal Credit Union's mission is centered around providing financial services to its members. In essence, the credit union is committed to serving its eligible members by offering various credit union-related financial services. This mission is encapsulated in the statement, "Providing Credit Union Financial Services to Members." The credit union's activities are geared towards meeting the financial needs of its members, ensuring they have access to the financial services they require.

Who is the CEO of Trumbull Federal Credit Union?

Ross Murray is the Treasurer of Trumbull Federal Credit Union.

What is the revenue of Trumbull Federal Credit Union?

Trumbull Federal Credit Union's revenue in 2022 was $78,028.

Who are the executives of Trumbull Federal Credit Union and what are their salaries?

The average compensation at Trumbull Federal Credit Union during 2022 was $14,447. There are 4 employees at Trumbull Federal Credit Union.


Here are 5 key members and their salaries:


Ross Murrray (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Gorman (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Pelliteri (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Rauso (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Giannini (Member/Sup Comm)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Trumbull Federal Credit Union?

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

Mission Statement of Trumbull Federal Credit Union

Trumbull Federal Credit Union is dedicated to providing financial services to its members. Their mission is centered around extending credit union services to eligible individuals, aiming to support their financial needs in a manner unique to credit unions. By offering these financial services, Trumbull Federal Credit Union seeks to contribute positively to its members' financial well-being.

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Impact




October, 2024

Trumbull Federal Credit Union plays a vital role in the financial well-being of its community by offering a range of credit union services designed to meet the needs of its eligible members. By providing access to financial services, Trumbull Federal Credit Union supports its members in achieving their financial goals and improving their economic stability.

Located in Trumbull, Connecticut, the credit union focuses on delivering personalized financial solutions that enhance the lives of its members. Its mission underscores the commitment to serving the community by ensuring that members receive quality services tailored to their unique circumstances. This commitment to public benefit fosters a sense of community and belonging, encouraging members to engage with their financial needs responsibly.

Through various offerings, such as savings accounts, loans, and financial education resources, Trumbull Federal Credit Union empowers its members to make informed financial decisions. The credit union's impact extends beyond individual financial gains, contributing to the overall economic health of the Trumbull community by promoting financial literacy and accessibility.




This information is meant to be a general summary of Trumbull Federal 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
$78,028 (2022)
Expenses
$80,852 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,291
  • Program Service Revenue: $57,737
  • Gross Receipts: $78,028

Assets and Liabilities:

  • Total Assets: $3,450,998
  • Total Liabilities: $3,129,359
  • Net Assets: $321,639

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Programs

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

LOAN INTEREST

Revenue

$57,737

Organization Details

Founding Year

1973

Principal Officer

Ross Murray

Main Address

5892 MAIN STREET, TRUMBULL, CT, 06611

NTEE Category

Code: W60 - Public benefit

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