Overview
What is Wright-Patt Credit Union Inc?
Wright-Patt Credit Union Inc is a nonprofit financial institution based in Beavercreek, Ohio, with over 475,000 members and approximately 1,039,917 deposit accounts. Their mission is to help people save and borrow money, offering financial services to their members. They promote thrift and establish cooperative savings facilities. Additionally, the organization provides credit for productive and provident purposes and offers assistance to its members in managing their assets and resources effectively. Wright-Patt Credit Union Inc paid dividends totaling $58,734,844 to its members, including a special patronage dividend of $10,894,334.
Official website here: www.wpcu.coop
What are the reviews and ratings of this charity?
Wright-Patt Credit Union Inc is currently not rated by Charity Navigator. This lack of rating primarily stems from its status as a non-501(c)(3) organization, which makes it ineligible for a formal evaluation by Charity Navigator's criteria that focus on Accountability & Finance, Impact & Measurement, and other metrics. The absence of a rating should not be interpreted as inherently positive or negative, but rather reflects the organization's classification under a different tax-exempt status.
Charity Navigator requires that organizations be registered as 501(c)(3) entities to undergo their standard evaluative processes. As Wright-Patt Credit Union is listed under a subordinate group ruling and not directly as a standalone 501(c)(3), the typical metrics used to assess nonprofit organizations are not applicable. Therefore, detailed insights into the credit union's operations, financial data, or other qualitative indicators are not available from this source.
User reviews from GreatNonprofits for Wright-Patt Credit Union Inc are not available. Consequently, there is no additional qualitative feedback to consider from clients, stakeholders, or the general public that could provide further context or user-generated perspectives on the credit union's services or community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Wright-Patt Credit Union Inc legitimate?
Wright-Patt Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Wright-Patt 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: $7,892,088
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,913,455
For more financial information, click here
Official website here: www.wpcu.coop
What is the mission statement of Wright-Patt Credit Union Inc?
Wright-Patt Credit Union Inc is committed to helping its members build savings and provides them with financial services. The organization's mission encompasses promoting thrift among its members, establishing cooperative savings facilities, and providing credit for productive and provident purposes. Additionally, it offers assistance to members to effectively use their assets and resources, and engages in all activities necessary to facilitate these objectives.
Official website here: www.wpcu.coop
Who is the CEO of Wright-Patt Credit Union Inc?
Timothy J Mislansky is the President & Ceo of Wright-Patt Credit Union Inc. The CEO's salary of Wright-Patt Credit Union Inc is $694,774 and their total compensation is $792,863.
Official website here: www.wpcu.coop
What is the revenue of Wright-Patt Credit Union Inc?
Wright-Patt Credit Union Inc's revenue in 2022 was $382,105,647.
Official website here: www.wpcu.coop
Who are the executives of Wright-Patt Credit Union Inc and what are their salaries?
The average compensation at Wright-Patt Credit Union Inc during 2022 was $61,032. There are 1537 employees and 7 volunteers at Wright-Patt Credit Union Inc.
Here are 36 key members and their salaries (Wright-Patt Credit Union Inc's CEO's salary is $694,774 and their total compensation is $792,863):
- Compensation: $694,774
- Related: $0
- Other: $98,089
- Compensation: $480,035
- Related: $0
- Other: $35,870
- Compensation: $430,635
- Related: $0
- Other: $46,037
- Compensation: $248,190
- Related: $180,792
- Other: $47,140
- Compensation: $430,519
- Related: $0
- Other: $41,762
- Compensation: $416,602
- Related: $0
- Other: $46,873
- Compensation: $409,212
- Related: $0
- Other: $51,801
- Compensation: $413,000
- Related: $0
- Other: $42,566
- Compensation: $357,944
- Related: $0
- Other: $44,380
- Compensation: $312,230
- Related: $0
- Other: $40,091
- Compensation: $299,447
- Related: $0
- Other: $37,616
- Compensation: $292,652
- Related: $0
- Other: $34,062
- Compensation: $277,144
- Related: $0
- Other: $45,682
- Compensation: $283,213
- Related: $0
- Other: $38,733
- Compensation: $260,324
- Related: $0
- Other: $43,495
- Compensation: $252,829
- Related: $0
- Other: $48,546
- Compensation: $270,158
- Related: $0
- Other: $25,685
- Compensation: $231,444
- Related: $0
- Other: $41,702
- Compensation: $232,446
- Related: $0
- Other: $38,470
- Compensation: $222,867
- Related: $0
- Other: $43,326
- Compensation: $233,144
- Related: $0
- Other: $32,149
- Compensation: $226,722
- Related: $0
- Other: $18,195
- Compensation: $200,776
- Related: $0
- Other: $43,595
- Compensation: $203,895
- Related: $0
- Other: $34,511
- Compensation: $199,459
- Related: $0
- Other: $26,514
- Compensation: $176,115
- Related: $0
- Other: $32,224
- Compensation: $0
- Related: $62,577
- Other: $2,785
- Compensation: $17,340
- Related: $0
- Other: $0
- Compensation: $16,332
- Related: $0
- Other: $0
- Compensation: $16,000
- Related: $0
- Other: $0
- Compensation: $15,844
- Related: $0
- Other: $0
- Compensation: $15,663
- Related: $0
- Other: $0
- Compensation: $14,400
- Related: $0
- Other: $0
- Compensation: $14,400
- Related: $0
- Other: $0
- Compensation: $14,400
- Related: $0
- Other: $0
- Compensation: $14,400
- Related: $0
- Other: $0
Official website here: www.wpcu.coop
Where can I find the form 990 for Wright-Patt Credit Union Inc?
Wright-Patt Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wpcu.coop
Learn more at the official website: www.wpcu.coop
Mission Statement of Wright-Patt Credit Union Inc
Wright-Patt Credit Union Inc is dedicated to encouraging savings, lending, and financial services among its membership. Established on a cooperative basis, the organization strives to facilitate savings and provide credit for the benefit of its members. In addition, Wright-Patt Credit Union offers assistance to help members effectively utilize their assets and resources. All activities related to achieving these goals fall under its mission.
The mission of Wright-Patt Credit Union goes beyond just financial services. It aims to help people throughout their lives. With a commitment to promoting thrift among its members, the credit union seeks to ensure that they make the most of their resources. It offers a range of facilities for savings, enabling members to set aside funds for future needs. By providing credit for provident and productive purposes, Wright-Patt Credit Union empowers its members to invest in their futures, whether it's through homeownership, education, or other opportunities.
Furthermore, Wright-Patt Credit Union extends its support beyond financial services. It offers assistance to its members in effectively using their assets and resources. This may include guidance on budgeting, debt management, or other financial matters. The credit union's goal is to help its members make informed decisions about their money, allowing them to build a stronger financial future.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Wright-Patt Credit Union Inc significantly impacts its community by promoting thrift savings, borrowing, and access to financial services among its members. With approximately 1,039,917 deposit accounts held by around 475,753 members, the credit union distributes substantial dividends, totaling $58,734,844, with a notable patronage dividend of $10,894,334. This financial return not only rewards members but also fosters a culture of saving and investment within the community.
The organization's mission focuses on helping individuals navigate financial challenges throughout their lives. By establishing a cooperative framework for savings and providing credit for productive purposes, Wright-Patt Credit Union empowers its members to make effective use of their assets and resources. Through various initiatives aimed at financial literacy and resource management, the credit union not only enhances the economic well-being of its members but also strengthens the overall financial health of the community in Beavercreek, OH, and beyond.
This information is meant to be a general summary of Wright-Patt 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,753,491
- Program Service Revenue: $378,352,156
- Gross Receipts: $432,756,299
Assets and Liabilities:
- Total Assets: $7,794,453,245
- Total Liabilities: $7,093,393,844
- Net Assets: $701,059,401
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST - LOANS
Revenue
$258,849,589
SERVICE & MEMBER FEES
Revenue
$84,318,432
INT-INVEST SECURITIES
Revenue
$34,913,278
UNRELATED PARTNERSHIP INCOME
Revenue
$270,857
Organization Details
Founding Year
1932
Phone
(800) 762-0047Principal Officer
Timothy J Mislansky
Main Address
3560 PENTAGON BLVD, BEAVERCREEK, OH, 45431
Website
www.wpcu.coopNTEE Category
Code: W60 - Public benefit
If you are a representative of Wright-Patt Credit Union Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.