Overview
What is Alcose Credit Union?
Alcose Credit Union is a member-serving financial institution, led by Darlene Hochendoner. Its primary function is to facilitate savings and lending opportunities for its members, while also offering various other financial services. The credit union's core mission is centered around ensuring financial well-being for its members by offering savings and borrowing solutions.
Official website here: www.alcosecu.com
Is Alcose Credit Union legitimate?
Alcose Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Alcose 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: $91,021
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,464
For more financial information, click here
Official website here: www.alcosecu.com
What is the mission statement of Alcose Credit Union?
Alcose Credit Union's mission is centered around serving its members by offering savings and borrowing opportunities. Beyond these financial services, the credit union also caters to various financial needs of its members. The mission of Alcose Credit Union is to provide thrift savings and borrowings, ensuring financial well-being for its members. The credit union operates with a commitment to offering a wide range of financial services to its members.
Official website here: www.alcosecu.com
Who is the CEO of Alcose Credit Union?
Darlene Hochendoner is the CEO of Alcose Credit Union The CEO's salary of Alcose Credit Union is $91,021 and their total compensation is $91,021.
Official website here: www.alcosecu.com
What is the revenue of Alcose Credit Union?
Alcose Credit Union's revenue in 2024 was $760,577.
Official website here: www.alcosecu.com
Who are the executives of Alcose Credit Union and what are their salaries?
The average compensation at Alcose Credit Union during 2024 was $41,439. There 8 volunteers at Alcose Credit Union.
Here are 5 key members and their salaries (Alcose Credit Union's CEO's salary is $91,021 and their total compensation is $91,021):
- Compensation: $91,021
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.alcosecu.com
Where can I find the form 990 for Alcose Credit Union?
Alcose Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.alcosecu.com
Learn more at the official website: www.alcosecu.com
Mission Statement of Alcose Credit Union
Alcose Credit Union, guided by its mission, is dedicated to serving its members by facilitating thrift savings and offering borrowing opportunities. Beyond these fundamental financial services, the credit union extends its support to its members through various other financial offerings. Alcose Credit Union is led by Darlene Hochendoner, who oversees its operations with a commitment to member satisfaction and financial well-being.
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Impact
October, 2024
Alcose Credit Union significantly enhances the financial well-being of its community in White Oak, PA, by providing essential thrift savings and borrowing options tailored for its members. Under the leadership of Darlene Hochendoner, the credit union commits to fulfilling its mission of promoting financial stability and accessibility.
By offering a range of financial services, Alcose not only empowers individuals to manage their savings but also helps them secure necessary funds through borrowing, thus fostering personal growth and financial independence. The impact of Alcose Credit Union extends beyond individual members, contributing to the overall economic health of the community by encouraging responsible financial practices and supporting local initiatives. Through its dedication to public benefit, Alcose plays a crucial role in building a stronger and more financially literate community.
This information is meant to be a general summary of Alcose 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 2024.
- Investment Income: $240,686
- Program Service Revenue: $336,902
- Gross Receipts: $760,577
Assets and Liabilities:
- Total Assets: $17,810,815
- Total Liabilities: $22,437
- Net Assets: $17,788,378
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loans to Members
Revenue
$336,902
Organization Details
Founding Year
1950
Principal Officer
Darlene Hochendoner
Website
www.alcosecu.comNTEE Category
Code: W60 - Public benefit
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