Riverset Credit Union

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

EIN: 250732150 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(14)

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Overview

What is Riverset Credit Union?

Riverset Credit Union is a nonprofit financial institution located in Pittsburgh, Pennsylvania, specifically at 1001 Liberty Ave No 100, with the postal code 15222. Their primary mission is to offer affordable financial services to their members, aiming to make financial management more accessible and cost-effective. The organization's activities are centered around providing these financial services, ensuring that they remain a trusted and convenient option for their members.


Official website here: www.allegentfcu.org

Is Riverset Credit Union legitimate?

Riverset Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Riverset 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: $929,852
Professional Fundraising Fees: $0
Other Salaries and Wages: $328,952

For more financial information, click here


Official website here: www.allegentfcu.org

What is the mission statement of Riverset Credit Union?

Riverset Credit Union is committed to serving its members by providing affordable financial institution services. At its core, the mission of Riverset Credit Union is to offer cost-effective financial solutions to its membership base. This mission is reflected in its daily operations, which aim to fulfill the financial needs of its members in a budget-friendly manner. By focusing on low-cost services, Riverset Credit Union seeks to make financial wellness accessible to its members, empowering them to manage their finances effectively.


Official website here: www.allegentfcu.org

Who is the CEO of Riverset Credit Union?

Angelo Lucatorto is the Chair of Riverset Credit Union. The CEO's salary of Riverset Credit Union is $888,426 and their total compensation is $911,682.


Official website here: www.allegentfcu.org

What is the revenue of Riverset Credit Union?

Riverset Credit Union's revenue in 2021 was $352,184.


Official website here: www.allegentfcu.org

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


Here are 7 key members and their salaries (Riverset Credit Union's CEO's salary is $888,426 and their total compensation is $911,682):


George Gensure (Chair)
  • Compensation: $900
  • Related: $0
  • Other: $0
Roy Buterbaugh (Vice Chair)
  • Compensation: $750
  • Related: $0
  • Other: $0
Gerard Papariella (Treasurer)
  • Compensation: $900
  • Related: $0
  • Other: $0
Henry Stephens Jr (Board Member)
  • Compensation: $384
  • Related: $0
  • Other: $0
John Williamson (Secretary)
  • Compensation: $750
  • Related: $0
  • Other: $0
Christine Chojnicki (President & Ceo)
  • Compensation: $888,426
  • Related: $0
  • Other: $23,256
Edward Rusnak (Evp & Cfo)
  • Compensation: $11,945
  • Related: $0
  • Other: $2,541


Official website here: www.allegentfcu.org

Where can I find the form 990 for Riverset Credit Union?

Riverset Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.allegentfcu.org

Learn more at the official website: www.allegentfcu.org

Mission Statement of Riverset Credit Union

Riverset Credit Union, as a financial institution, is committed to its members by providing affordable financial services. At the heart of its mission, Riverset Credit Union aims to extend these low-cost financial solutions to its member base. This mission is an integral part of the credit union's operations, ensuring that its services remain accessible and affordable for its members. By doing so, Riverset Credit Union contributes to financial stability and security for its members, enhancing their overall financial well-being.

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Impact




October, 2024

Riverset Credit Union plays a significant role in enhancing the financial well-being of its members in Pittsburgh, PA, by providing access to low-cost financial services. Its commitment to offering affordable financial institution services helps individuals and families manage their finances more effectively, fostering economic stability within the community. By prioritizing cost-effective solutions, Riverset Credit Union empowers its members to achieve their financial goals, whether it's saving for the future, securing loans, or accessing essential banking services. The credit union's mission supports a more inclusive financial landscape, ensuring that everyone has the opportunity to participate in the economy without the burden of high fees and interest rates.




This information is meant to be a general summary of Riverset 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
$352,184 (2021)
Expenses
$5,316,439 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $5,322
  • Program Service Revenue: $252,195
  • Gross Receipts: $352,184

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

INTEREST ON HOME EQUIT

Revenue

$75,350

INT INDIRECT AUTO USED

Revenue

$51,570

INTEREST VISA CC

Revenue

$47,551

INTEREST ON HOME EQUIT

Revenue

$21,953

INT INDIRECT AUTO NEW

Revenue

$17,029

Organization Details

Founding Year

1934

Principal Officer

Angelo Lucatorto

Main Address

1001 LIBERTY AVE NO 100, PITTSBURGH, PA, 15222

NTEE Category

Code: Z99 - Unknown

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