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Gcu

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

EIN: 250522060 ✦ Beaver, PA ✦ Designated as a 501(c)(8)

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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: $1,557,940
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,316,501

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?

George N Juba is the CEO of Gcu The CEO's salary of Gcu is $433,107 and their total compensation is $459,040.


Official website here: www.gcuusa.com

What is the revenue of Gcu?

Gcu's revenue in 2023 was $486,414,629.


Official website here: www.gcuusa.com

Who are the executives of Gcu and what are their salaries?

The average compensation at Gcu during 2023 was $58,029. There are 84 employees and 850 volunteers at Gcu.

Here are 23 key members and their salaries (Gcu's CEO's salary is $433,107 and their total compensation is $459,040):


Melanie Niskach Basl (Director)
  • Compensation: $36,716
  • Related: $0
  • Other: $0
George Kofel Jr (Director)
  • Compensation: $43,566
  • Related: $0
  • Other: $0
John Oslick (Director)
  • Compensation: $36,716
  • Related: $0
  • Other: $0
George Batyko Jr (Director (As Of 4/1/23))
  • Compensation: $23,836
  • Related: $0
  • Other: $0
Maria Silvestri (Director (As Of 4/1/23))
  • Compensation: $23,836
  • Related: $0
  • Other: $0
John Urban (Director)
  • Compensation: $36,716
  • Related: $0
  • Other: $0
Lisa Gulibon (Director)
  • Compensation: $36,716
  • Related: $0
  • Other: $0
Gregory N Vladika (Director)
  • Compensation: $44,328
  • Related: $0
  • Other: $0
Michael Karaffa (Director)
  • Compensation: $36,716
  • Related: $0
  • Other: $0
David Oleksa (Director)
  • Compensation: $36,716
  • Related: $0
  • Other: $0
Father John Kachuba (Director (Thru 2/12/23))
  • Compensation: $2,714
  • Related: $0
  • Other: $0
Father Valerian Michlik (Director (As Of 8/1/23))
  • Compensation: $13,774
  • Related: $0
  • Other: $0
Rev Richard Lambert (Director (As Of 4/1/23))
  • Compensation: $10,856
  • Related: $0
  • Other: $0
George N Juba (President/Ceo)
  • Compensation: $433,107
  • Related: $0
  • Other: $25,933
Timothy Demetres (Cfo)
  • Compensation: $330,150
  • Related: $0
  • Other: $11,136
Theodore Trbovich (General Counsel)
  • Compensation: $85,636
  • Related: $0
  • Other: $0
Scott Schuetz (Executive Vp & Coo)
  • Compensation: $279,170
  • Related: $0
  • Other: $9,602
John Peter Harbist (Key Employee)
  • Compensation: $101,000
  • Related: $0
  • Other: $25,933
William Schulok (Key Employee)
  • Compensation: $155,614
  • Related: $0
  • Other: $26,902
Jeremy Nichols (Key Employee)
  • Compensation: $139,408
  • Related: $0
  • Other: $26,902
Jeffrey Alan Long (Key Employee)
  • Compensation: $146,409
  • Related: $0
  • Other: $25,933
Bryan T O'Shaughnessy (Key Employee)
  • Compensation: $151,408
  • Related: $0
  • Other: $25,933
Basil Wahal (Key Employee)
  • Compensation: $107,029
  • Related: $0
  • Other: $25,933


Official website here: www.gcuusa.com

Where can I find the form 990 for Gcu?

Gcu's most recent form 990 was submitted in 2023 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.

Revenue
$486,414,629 (2023)
Expenses
$480,785,158 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $120,090,977
  • Program Service Revenue: $370,817,002
  • Gross Receipts: $630,887,619

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

$368,562,465

AMORTIZATION OF INTEREST MAINTENA

Revenue

$1,527,639

COMMISSIONS ON REINSURANCE

Revenue

$416,453

PENSION PLAN INCOME

Revenue

$310,435

VOLUNTARY MEMBERSHIP DUES

Revenue

$10

Organization Details

Founding Year

1893

Principal Officer

Timothy Demetres

NTEE Category

Code: X22 - Religion related

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