Moonlight Credit Union

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

EIN: 251022419 ✦ Worthington, PA ✦ Designated as a 501(c)(14)

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Overview

What is Moonlight Credit Union?

Moonlight Credit Union is a community-focused financial institution, established in 1947 in the state of Pennsylvania. With a strong commitment to its members, it operates as a cooperative savings and credit organization, promoting thrift and providing affordable credit options. The credit union, located in Worthington, Pennsylvania (16262), has a growing membership base and pays dividends slightly above market rates. It adheres to state laws and operates under uniform bylaws, aiming to benefit its members by promoting savings and serving as a reliable source of credit. The organization currently employs 15 individuals.


Official website here: www.moonlightcu.com

Is Moonlight Credit Union legitimate?

Moonlight Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Moonlight 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: $55,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $246,846

For more financial information, click here


Official website here: www.moonlightcu.com

What is the mission statement of Moonlight Credit Union?

Moonlight Credit Union, established in 1947, operates as a cooperative savings and credit organization under state law. Its primary mission is to foster savings among its members and provide them with affordable credit options. The credit union operates under uniform bylaws, ensuring it provides these services in a fair and reasonable manner. Its activities are geared towards promoting thrift and serving as a reliable source of credit for its expanding membership base. As a result, Moonlight Credit Union offers loans at competitive rates and pays dividends slightly above market rates to its members.


Official website here: www.moonlightcu.com

Who is the CEO of Moonlight Credit Union?

John Roofner is the Treasurer of Moonlight Credit Union. The CEO's salary of Moonlight Credit Union is $55,000 and their total compensation is $55,000.


Official website here: www.moonlightcu.com

What is the revenue of Moonlight Credit Union?

Moonlight Credit Union's revenue in 2022 was $1,485,341.


Official website here: www.moonlightcu.com

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

The average compensation at Moonlight Credit Union during 2022 was $20,123. There are 15 employees and 9 volunteers at Moonlight Credit Union.


Here are 10 key members and their salaries (Moonlight Credit Union's CEO's salary is $55,000 and their total compensation is $55,000):


Karen Janoski (Board Member & Ceo)
  • Compensation: $55,000
  • Related: $0
  • Other: $0
Sue Mosberger (Supervisory Committee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Claypool (Supervisory Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Strobel (Supervisory Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Lash (Supervisory Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Bothell (Supervisory Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Roofner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Shelton (1St Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Perine (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Desmond Waldor (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.moonlightcu.com

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

Moonlight Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.moonlightcu.com

Learn more at the official website: www.moonlightcu.com

Mission Statement of Moonlight Credit Union

Moonlight Credit Union, established in 1947, is a cooperative savings and credit organization with a mission deeply rooted in promoting thrift among its members. Operating under the guidelines of Pennsylvania state law, Moonlight Credit Union's primary objective is to provide a reliable source of credit at reasonable rates. The organization is structured around uniform bylaws adapted for the state, ensuring a harmonious operation that benefits its growing membership base. In essence, Moonlight Credit Union's mission is to foster financial responsibility among its members while serving as a dependable lending institution, offering loans at fair rates. Additionally, the credit union demonstrates its commitment to its members by paying dividends that slightly surpass market rates.

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Impact




October, 2024

Moonlight Credit Union significantly impacts its community by providing a reliable source of credit and fostering financial stability among its members. Founded in 1947 in Worthington, PA, the credit union operates under a cooperative model aimed at promoting thrift and responsible financial practices. Members benefit from loans at fair rates, empowering individuals and families to achieve their financial goals without the burden of excessive interest. Additionally, Moonlight Credit Union pays dividends that slightly exceed market rates, ensuring that members earn a reasonable return on their savings. This commitment to member welfare contributes to the overall economic health of the community, helping residents build wealth and achieve financial security. Through its mission, Moonlight Credit Union plays an essential role in nurturing a financially empowered community.




This information is meant to be a general summary of Moonlight 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
$1,485,341 (2022)
Expenses
$968,899 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $204,572
  • Program Service Revenue: $1,280,769
  • Gross Receipts: $1,485,341

Assets and Liabilities:

  • Total Assets: $45,344,846
  • Total Liabilities: $7,519
  • Net Assets: $45,337,327

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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

$985,442

interest on visa

Revenue

$42,107

other operating income

Revenue

$253,220

Organization Details

Founding Year

1947

Principal Officer

John Roofner

Main Address

101 Deer Park Road PO Box 427, Worthington, PA, 16262

NTEE Category

Code: W60 - Public benefit

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