North Districts Community Credit Union

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

EIN: 251121633 ✦ Monaca, PA ✦ Designated as a 501(c)(14)

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Overview

What is North Districts Community Credit Union?

North Districts Community Credit Union is a cooperative financial institution, established under either Act #260 of May 26, 1993, or Act #203 on September 20, 1961. Based in Gibsonia, Pennsylvania (15044), this credit union primarily serves its members by promoting savings and acting as a reliable source of credit at reasonable interest rates. Its mission is centered around fostering thrift among its members, thereby providing them with financial assistance when needed.


Official website here: www.nduca.org

Is North Districts Community Credit Union legitimate?

North Districts Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. North Districts Community 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: $446,323
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,281

For more financial information, click here


Official website here: www.nduca.org

What is the mission statement of North Districts Community Credit Union?

The North Districts Community Credit Union is dedicated to fostering savings among its members by establishing a reliable source of credit at reasonable interest rates. This cooperative organization operates under either Act #260 of May 26, 1993, or Act #203 of September 20, 1961, with the primary objective of promoting thrift among its members. The credit union serves as a financial resource, providing credit at affordable rates to its member base.


Official website here: www.nduca.org

Who is the CEO of North Districts Community Credit Union?

Paul Fero is the CEO of North Districts Community Credit Union The CEO's salary of North Districts Community Credit Union is $240,907 and their total compensation is $240,907.


Official website here: www.nduca.org

What is the revenue of North Districts Community Credit Union?

North Districts Community Credit Union's revenue in 2024 was $2,368,392.


Official website here: www.nduca.org

Who are the executives of North Districts Community Credit Union and what are their salaries?

The average compensation at North Districts Community Credit Union during 2024 was $32,640. There are 15 employees at North Districts Community Credit Union.

Here are 11 key members and their salaries (North Districts Community Credit Union's CEO's salary is $240,907 and their total compensation is $240,907):


Paul Fero (Ceo)
  • Compensation: $240,907
  • Related: $0
  • Other: $0
Mary A Fox (Director)
  • Compensation: $14,560
  • Related: $0
  • Other: $0
Ronald J Lunardi (Audit Committee)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Robert Wiskeman (President)
  • Compensation: $10,000
  • Related: $0
  • Other: $0
Mary L Ellena-Wygonik (Audit Committee)
  • Compensation: $9,600
  • Related: $0
  • Other: $0
Barbara Mccalley (Vp)
  • Compensation: $5,680
  • Related: $0
  • Other: $0
Ted Thimons (President)
  • Compensation: $4,600
  • Related: $0
  • Other: $0
Thomas Castello (Audit Committee)
  • Compensation: $4,200
  • Related: $0
  • Other: $0
Donna Castello (Board Member)
  • Compensation: $2,800
  • Related: $0
  • Other: $0
Myah A Werkmeister (Rec Secretary)
  • Compensation: $1,800
  • Related: $0
  • Other: $0
Joseph Merhaut (Board Member)
  • Compensation: $1,400
  • Related: $0
  • Other: $0


Official website here: www.nduca.org

Where can I find the form 990 for North Districts Community Credit Union?

North Districts Community Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.nduca.org

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

Mission Statement of North Districts Community Credit Union

North Districts Community Credit Union's mission is centered around promoting financial savings among its members. This nonprofit organization operates as a cooperative savings and credit association, established under either Act #260 of May 26, 1993, or Act #203 of September 20, 1961. Their primary goal is to create a reliable source of credit for their members at reasonable interest rates. By doing so, North Districts Community Credit Union aims to inspire a culture of thrift among its members, thereby providing them with financial stability and opportunities for credit when needed.

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Impact




October, 2024

North Districts Community Credit Union plays a vital role in the financial well-being of its members in Gibsonia, PA. By focusing on promoting thrift and providing accessible credit, the credit union helps individuals and families manage their finances effectively. Members benefit from a cooperative model that prioritizes their financial needs, allowing them to save efficiently and access credit at reasonable interest rates.

The credit union's commitment to creating a supportive financial environment fosters community development and empowerment. By encouraging saving habits and providing tailored financial services, it enhances the economic stability of its members, enabling them to achieve their financial goals. This local focus not only strengthens individual financial health but also contributes to the overall prosperity of the community, making it an essential resource for its members.




This information is meant to be a general summary of North Districts Community 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
$2,368,392 (2024)
Expenses
$2,034,889 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,114,645
  • Program Service Revenue: $1,253,747
  • Gross Receipts: $2,368,392

Assets and Liabilities:

  • Total Assets: $47,911,875
  • Total Liabilities: $91,679
  • Net Assets: $47,820,196

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Programs

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

VISA INCOME

Revenue

$49,355

SHARE DRAFT INCOME

Revenue

$26,231

LOAN INTEREST

Revenue

$1,175,306

INSURANCE REFUND

Revenue

$2,855

Organization Details

Founding Year

1942

Principal Officer

Paul Fero

NTEE Category

Code: W60 - Public benefit

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