Overview
What is Healthcare First Credit Union?
Healthcare First Credit Union is a cooperative financial institution, serving its members by safeguarding their savings and offering affordable loans in return. As a credit union, its primary activity involves managing member deposits and utilizing them to provide low-cost loan options. This not-for-profit organization is dedicated to supporting its members financially, enabling them to meet various financial needs at reasonable rates.
Official website here: www.healthcarefirstcu.com
Is Healthcare First Credit Union legitimate?
Healthcare First Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Healthcare First 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $840,082
For more financial information, click here
Official website here: www.healthcarefirstcu.com
What is the mission statement of Healthcare First Credit Union?
Healthcare First Credit Union's mission, as a financial institution, is centered around managing its members' savings and utilizing them to offer affordable loan options. The primary objective of the credit union is to provide its members with access to low-cost loans. By holding and then lending back members' savings, Healthcare First Credit Union serves its community by offering financial assistance when needed. This mission aims to foster financial stability and independence within its membership base.
Official website here: www.healthcarefirstcu.com
Who is the CEO of Healthcare First Credit Union?
Meghan Sinclair is the Director of Healthcare First Credit Union. The CEO's salary of Healthcare First Credit Union is $0 and their total compensation is $0.
Official website here: www.healthcarefirstcu.com
What is the revenue of Healthcare First Credit Union?
Healthcare First Credit Union's revenue in 2022 was $2,861,931.
Official website here: www.healthcarefirstcu.com
Who are the executives of Healthcare First Credit Union and what are their salaries?
The average compensation at Healthcare First Credit Union during 2022 was $28,968. There are 29 employees and 8 volunteers at Healthcare First Credit Union.
Here are 9 key members and their salaries (Healthcare First Credit Union's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.healthcarefirstcu.com
Where can I find the form 990 for Healthcare First Credit Union?
Healthcare First Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.healthcarefirstcu.com
Learn more at the official website: www.healthcarefirstcu.com
Mission Statement of Healthcare First Credit Union
Healthcare First Credit Union, as a financial institution, is dedicated to serving its members by holding their savings and then lending that money back to them at affordable rates. This mission is twofold; on one hand, the credit union safeguards its members' savings, providing a secure place for their funds. On the other hand, it leverages these deposits to offer low-cost loans to its members, thereby empowering them to meet their financial needs. By providing these loans, Healthcare First Credit Union plays a crucial role in supporting its members' financial well-being and enabling them to navigate various financial challenges.
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Impact
October, 2024
Healthcare First Credit Union plays a significant role in the financial well-being of its members in Johnstown, PA. By accepting member deposits, the credit union creates a stable pool of savings that empowers it to offer low-cost loans tailored to the needs of the community. This model not only attracts individuals looking for affordable lending options but also fosters a sense of trust and solidarity among members.
Through its operations, Healthcare First Credit Union enhances the financial health of its community by providing accessible financial services that help individuals achieve their personal and financial goals. By prioritizing member needs and maintaining transparency, the credit union contributes to economic stability and growth within the area, helping members navigate their financial journeys with confidence.
This information is meant to be a general summary of Healthcare First 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 2022.
- Investment Income: $745,354
- Program Service Revenue: $1,135,937
- Gross Receipts: $2,861,931
Assets and Liabilities:
- Total Assets: $103,270,442
- Total Liabilities: $1,176,163
- Net Assets: $102,094,279
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest Income
Revenue
$1,135,937
Organization Details
Founding Year
1979
Phone
(814) 535-2606Principal Officer
Meghan Sinclair
Main Address
1152 Franklin Street, Johnstown, PA, 15905
Website
www.healthcarefirstcu.comNTEE Category
Code: W60 - Public benefit
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