Overview
What is Williamsport Teachers Credit Union?
Williamsport Teachers Credit Union is a local financial institution, established to foster financial prudence among its members. Situated in S Williamsport, PA, the credit union serves around 1200 individuals by providing them with affordable loan options. Its core mission is to create a reliable source of credit for its members at reasonable interest rates, enabling them to manage their finances democratically and enhance their economic and social conditions. By operating under either Act No. 260 of May 26, 1990, or Act No. 283 of September 20, 1996, Williamsport Teachers Credit Union functions as a cooperative savings and credit association, promoting thrift among its members and empowering them to take control of their financial future.
Official website here: www.williamsportteacherscu.com
Is Williamsport Teachers Credit Union legitimate?
Williamsport Teachers Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Williamsport Teachers 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: $55,926
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,336
For more financial information, click here
Official website here: www.williamsportteacherscu.com
What is the mission statement of Williamsport Teachers Credit Union?
Williamsport Teachers Credit Union, as a cooperative savings and credit association, was established under either Act No 260 of May 26, 1990 or Act No. 283 of September 20, 1996. The primary objective of this credit union is to foster thrift among its members. It aims to provide them with a reliable source of credit at reasonable interest rates. Moreover, the credit union offers its members an opportunity to manage and utilize their own funds democratically, with the ultimate goal of improving their economic and social conditions.
Official website here: www.williamsportteacherscu.com
Who is the CEO of Williamsport Teachers Credit Union?
Edith V Sones is the Manager of Williamsport Teachers Credit Union.
Official website here: www.williamsportteacherscu.com
What is the revenue of Williamsport Teachers Credit Union?
Williamsport Teachers Credit Union's revenue in 2022 was $324,552.
Official website here: www.williamsportteacherscu.com
Who are the executives of Williamsport Teachers Credit Union and what are their salaries?
The average compensation at Williamsport Teachers Credit Union during 2022 was $26,566. There are 4 employees and 20 volunteers at Williamsport Teachers Credit Union.
Here are 10 key members and their salaries:
- Compensation: $55,926
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.williamsportteacherscu.com
Where can I find the form 990 for Williamsport Teachers Credit Union?
Williamsport Teachers Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.williamsportteacherscu.com
Learn more at the official website: www.williamsportteacherscu.com
Mission Statement of Williamsport Teachers Credit Union
Williamsport Teachers Credit Union, established under Act No 260 of May 26, 1990 or Act No. 283 of September 20, 1996, operates as a cooperative savings and credit association. Its primary mission is to foster thrift among its members, offering them an opportunity to save money and access credit at reasonable rates. This credit union is democratically controlled by its members, enabling them to utilize and manage their own funds collectively. The ultimate goal is to enhance the economic and social conditions of its members. By promoting savings, providing affordable credit, and enabling members to manage their finances collectively, Williamsport Teachers Credit Union aims to improve the overall well-being of its members.
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Impact
October, 2024
Williamsport Teachers Credit Union plays a significant role in fostering financial well-being and empowerment within its community. Located in South Williamsport, PA, it offers members a cooperative platform for savings and access to credit, enabling them to manage their finances effectively.
With a commitment to promoting thrift, the credit union provides low-interest loans tailored to the needs of its 1,200 members. This approach not only alleviates financial burdens but also cultivates a sense of community and shared ownership among its members. By facilitating reasonable rates of interest, the credit union helps individuals improve their economic conditions, ultimately enhancing their quality of life.
Through democratic control, members are given a voice in decision-making processes, fostering transparency and accountability. This structure empowers individuals to take charge of their financial futures while contributing to the overall economic health of the region. By addressing the specific financial needs of its members, Williamsport Teachers Credit Union strengthens economic stability and promotes social welfare within the community.
This information is meant to be a general summary of Williamsport Teachers 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 2022.
- Investment Income: $101,898
- Program Service Revenue: $206,424
- Gross Receipts: $324,552
Assets and Liabilities:
- Total Assets: $14,300,372
- Total Liabilities: $35,908
- Net Assets: $14,264,464
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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
$206,424
Organization Details
Founding Year
1934
Phone
(570) 323-6468Principal Officer
Edith V Sones
Main Address
302 Matthews Blvd, S Williamsport, PA, 17702
NTEE Category
Code: W60 - Public benefit
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