Postal Family Credit Union Inc

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

EIN: 310240910 ✦ Cincinnati, OH ✦ Designated as a 501(c)(14)

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Overview

What is Postal Family Credit Union Inc?

Postal Family Credit Union Inc is a nonprofit organization dedicated to fostering savings among its members and offering financial services. Their primary goal is to promote thrift, and they achieve this by providing various financial solutions to their members. The organization's mission is to cater to the financial needs of its members, ensuring they have access to essential financial services.


Official website here: www.urmycu.com

Is Postal Family Credit Union Inc legitimate?

Postal Family Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Postal Family Credit Union Inc 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: $267,397
Professional Fundraising Fees: $0
Other Salaries and Wages: $87,406

For more financial information, click here


Official website here: www.urmycu.com

What is the mission statement of Postal Family Credit Union Inc?

Postal Family Credit Union Inc's mission is centered around promoting savings and offering financial services to its membership base. In essence, the credit union's primary goal is to encourage thrift and cater to its members' financial needs. By doing so, it aims to contribute positively to the financial well-being of its members. This mission is translated into action through the provision of various financial services, ensuring that members have access to the financial tools they need to manage their finances effectively.


Official website here: www.urmycu.com

Who is the CEO of Postal Family Credit Union Inc?

Rudy Rattman is the Vice President of Postal Family Credit Union Inc. The CEO's salary of Postal Family Credit Union Inc is $141,376 and their total compensation is $141,376.


Official website here: www.urmycu.com

What is the revenue of Postal Family Credit Union Inc?

Postal Family Credit Union Inc's revenue in 2022 was $2,443,778.


Official website here: www.urmycu.com

Who are the executives of Postal Family Credit Union Inc and what are their salaries?

The average compensation at Postal Family Credit Union Inc during 2022 was $29,567. There are 12 employees and 8 volunteers at Postal Family Credit Union Inc.


Here are 11 key members and their salaries (Postal Family Credit Union Inc's CEO's salary is $141,376 and their total compensation is $141,376):


Karen Bepler (Vice President)
  • Compensation: $76,127
  • Related: $0
  • Other: $0
Thomas Crowley (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Wagner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Nolan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mercer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Willis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Ditullio (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Jansen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Lindsey (Compliance Officer)
  • Compensation: $49,895
  • Related: $0
  • Other: $0
Sue Egbers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rudolph J Rattman Jr (President,Ceo)
  • Compensation: $141,376
  • Related: $0
  • Other: $0


Official website here: www.urmycu.com

Where can I find the form 990 for Postal Family Credit Union Inc?

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


Official website here: www.urmycu.com

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

Mission Statement of Postal Family Credit Union Inc

Postal Family Credit Union, as a nonprofit organization, is dedicated to fostering thrift and delivering financial services to its members. Its mission, in essence, is centered around promoting financial responsibility among its members and offering them a comprehensive range of financial solutions. By championing thrift, the credit union encourages its members to save and manage their finances effectively, ultimately leading to financial stability. Simultaneously, it provides various financial services to cater to the diverse financial needs of its members, thereby ensuring they have the necessary tools to manage their funds efficiently.

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Impact




October, 2024

Postal Family Credit Union Inc plays a significant role in promoting thrift and providing essential financial services to its members in Cincinnati, OH. By focusing on these core objectives, the credit union fosters financial literacy and encourages saving among its members, which can lead to greater financial stability within the community.

The services offered by Postal Family Credit Union enhance access to necessary financial products, such as loans, savings accounts, and investment opportunities, which can empower individuals and families to achieve their financial goals. This support not only benefits individual members but also contributes to the overall economic health of the local community by promoting responsible financial behavior and creating a supportive network for its members.

Through its commitment to these principles, Postal Family Credit Union exemplifies the positive impact that community-focused financial institutions can have, helping individuals build better financial futures while reinforcing a culture of thrift and mutual support.




This information is meant to be a general summary of Postal Family Credit Union Inc. 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
$2,443,778 (2022)
Expenses
$1,952,809 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $440,747
  • Program Service Revenue: $2,003,031
  • Gross Receipts: $2,443,778

Assets and Liabilities:

  • Total Assets: $66,060,866
  • Total Liabilities: $56,426,638
  • Net Assets: $9,634,228

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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

$1,454,582

FEES INCOME

Revenue

$456,398

OTHER OPERATING INCOME

Revenue

$92,051

Organization Details

Founding Year

1928

Principal Officer

Rudy Rattman

Main Address

PO BOX 14403, CINCINNATI, OH, 45250

NTEE Category

Code: W60 - Public benefit

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