Overview
What is Gcu?
Gcu, previously known as the Greek Catholic Union of the USA, is a nonprofit organization based in Beaver, Pennsylvania. With a team of 69 employees, it provides financial and fraternal benefits to its members. These benefits encompass life insurance policies and annuity contracts, totaling $364.9 million and $2.26 billion, respectively. The profits generated from these sales serve as the foundation for community-based projects. Gcu engages in various charitable activities, such as fundraising, donating, and volunteering at homeless shelters, food banks, public libraries, day care centers, schools for the blind, homes for pregnant teens, and more. Additionally, Gcu is a significant benefactor to the Ss. Cyril & Methodius Byzantine Catholic Seminary in Pittsburgh, Pennsylvania, supporting the education of their priests.
Official website here: www.gcuusa.com
What do the Facebook reviews say about Gcu?
84% of 9 reviewers on Facebook recommend this charity. Here is a summary of their reviews:
Many reviewers express satisfaction with the services and rates offered by Gcu. One user highlighted their happiness with the overall experience, indicating that the nonprofit delivers on its promises.
Overall, the sentiment reflects a positive impression among those who have engaged with Gcu, reinforcing that it meets the needs of its members effectively.
This AI summary has been generated from reviews found on Facebook.
Is Gcu legitimate?
Gcu is a legitimate nonprofit organization registered as a 501(c)(8) entity. Gcu 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: $1,437,619
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,131,482
For more financial information, click here
Official website here: www.gcuusa.com
What is the mission statement of Gcu?
GCU, formerly known as the Greek Catholic Union of the USA, aims to offer financial and fraternal benefits to its members. The society provides a selection of annuity and insurance products to cater to the financial needs of its members. By generating profits from these sales, the organization engages in various community initiatives. These projects involve fundraising, donations, and volunteering at homeless shelters, food banks, public libraries, day care centers, schools for the blind, homes for pregnant teens, and more. Furthermore, GCU continues to support the Ss. Cyril & Methodius Byzantine Catholic Seminary in Pittsburgh, Pennsylvania, through substantial contributions, contributing to the education of their priests.
Official website here: www.gcuusa.com
Who is the CEO of Gcu?
Timothy Demetres is the Director of Gcu. The CEO's salary of Gcu is $379,402 and their total compensation is $398,311.
Official website here: www.gcuusa.com
What is the revenue of Gcu?
Gcu's revenue in 2022 was $502,684,689.
Official website here: www.gcuusa.com
Who are the executives of Gcu and what are their salaries?
The average compensation at Gcu during 2022 was $66,219. There are 69 employees and 1350 volunteers at Gcu.
Here are 22 key members and their salaries (Gcu's CEO's salary is $379,402 and their total compensation is $398,311):
- Compensation: $30,942
- Related: $0
- Other: $0
- Compensation: $37,626
- Related: $0
- Other: $0
- Compensation: $30,942
- Related: $0
- Other: $0
- Compensation: $40,263
- Related: $0
- Other: $0
- Compensation: $39,563
- Related: $0
- Other: $0
- Compensation: $30,942
- Related: $0
- Other: $0
- Compensation: $30,942
- Related: $0
- Other: $0
- Compensation: $38,368
- Related: $0
- Other: $0
- Compensation: $30,942
- Related: $0
- Other: $0
- Compensation: $30,942
- Related: $0
- Other: $0
- Compensation: $31,974
- Related: $0
- Other: $0
- Compensation: $379,402
- Related: $0
- Other: $18,909
- Compensation: $309,095
- Related: $0
- Other: $6,833
- Compensation: $82,188
- Related: $0
- Other: $0
- Compensation: $260,913
- Related: $0
- Other: $6,833
- Compensation: $102,147
- Related: $0
- Other: $18,908
- Compensation: $154,300
- Related: $0
- Other: $19,030
- Compensation: $142,951
- Related: $0
- Other: $19,150
- Compensation: $132,243
- Related: $0
- Other: $18,908
- Compensation: $101,844
- Related: $0
- Other: $18,908
- Compensation: $101,898
- Related: $0
- Other: $6,833
- Compensation: $107,285
- Related: $0
- Other: $18,908
Official website here: www.gcuusa.com
Where can I find the form 990 for Gcu?
Gcu's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gcuusa.com
Learn more at the official website: www.gcuusa.com
Mission Statement of Gcu
GCU, or the Greek Catholic Union of the USA, is a mission-driven organization that offers financial and fraternal benefits to its members. The society's primary goal is to support its members, while also promoting education about Greek culture and heritage. In practice, GCU provides an array of annuity and insurance products tailored to meet the financial needs of its members.
With the profits generated from these sales, GCU engages in various community projects. These projects encompass fundraising, donations, and volunteering efforts. Notably, the society contributes to homeless shelters, food banks, public libraries, day care centers, schools for the blind, homes for pregnant teens, and other charitable organizations. Aside from its monetary support, GCU members also dedicate their time and resources to these initiatives, making a tangible impact in their communities.
Moreover, GCU is a significant benefactor to the SS. Cyril & Methodius Byzantine Catholic Seminary, which is located in Pittsburgh, Pennsylvania. The seminary is instrumental in educating the society's priests, ensuring the continuity of Greek Catholic faith and tradition. By supporting the seminary, GCU plays a crucial role in nurturing the next generation of religious leaders and preserving the rich history of Greek Catholicism.
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Impact
October, 2024
GCU plays a significant role in enhancing the financial security and educational support of its members while actively contributing to the community. With over 28,200 life insurance policies in force valued at approximately $364.9 million and more than 36,000 annuity contracts totaling around $2.26 billion, GCU provides essential financial products that cater to its members' needs.
The organization reinvests profits from these financial services into a variety of community projects. Their initiatives include fundraising, providing donations, and volunteering for local homeless shelters, food banks, and public libraries, demonstrating a strong commitment to social welfare. GCU also engages with education, significantly supporting the Ss. Cyril & Methodius Byzantine Catholic Seminary in Pittsburgh, which aids in the training of future priests. Through these efforts, GCU fosters a sense of community and cultural heritage, emphasizing the importance of financial stability and education in serving its membership and the wider community.
This information is meant to be a general summary of Gcu. 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: $111,847,511
- Program Service Revenue: $390,540,810
- Gross Receipts: $598,855,418
Assets and Liabilities:
- Total Assets: $2,641,748,390
- Total Liabilities: $2,422,264,760
- Net Assets: $219,483,630
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FRATERNAL INSURANCE PREMIUMS AND
Revenue
$387,392,334
AMORTIZATION OF INTEREST MAINTENA
Revenue
$1,903,219
COMMISSIONS ON REINSURANCE
Revenue
$869,813
PENSION PLAN INCOME
Revenue
$375,364
VOLUNTARY MEMBERSHIP DUES
Revenue
$80
Organization Details
Founding Year
1893
Phone
(724) 495-3400Principal Officer
Timothy Demetres
Main Address
5400 TUSCARAWAS ROAD, BEAVER, PA, 15009
Website
www.gcuusa.comNTEE Category
Code: X22 - Religion related
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