Overview
What is 955 Sharefax Credit Union Inc?
955 Sharefax Credit Union Inc is a member-owned, not-for-profit financial cooperative based in Cincinnati, Ohio. Their primary mission is to enhance the financial wellbeing of their members. As a cooperative, it is solely formed for this purpose and offers various programs to achieve this goal. The Credit Union is committed to improving the financial lives of its members.
Official website here: www.sharefax.org
Is 955 Sharefax Credit Union Inc legitimate?
955 Sharefax Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 955 Sharefax 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: $743,179
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,100,447
For more financial information, click here
Official website here: www.sharefax.org
What is the mission statement of 955 Sharefax Credit Union Inc?
955 Sharefax Credit Union Inc is a member-owned, not-for-profit financial cooperative committed to enhancing the financial well-being of its members. Founded with the sole purpose of serving its community, the Credit Union operates as a cooperative to provide financial benefits to its members. Its mission is to improve the financial health and prosperity of individuals through its various programs. By being a member-owned organization, it aims to foster a sense of community and collaboration among its members. The Credit Union is dedicated to delivering financial services that cater to the unique needs and goals of its members, ultimately contributing to their financial stability and success.
Official website here: www.sharefax.org
Who is the CEO of 955 Sharefax Credit Union Inc?
Todd Cain is the Director of 955 Sharefax Credit Union Inc. The CEO's salary of 955 Sharefax Credit Union Inc is $0 and their total compensation is $0.
Official website here: www.sharefax.org
What is the revenue of 955 Sharefax Credit Union Inc?
955 Sharefax Credit Union Inc's revenue in 2022 was $18,157,504.
Official website here: www.sharefax.org
Who are the executives of 955 Sharefax Credit Union Inc and what are their salaries?
The average compensation at 955 Sharefax Credit Union Inc during 2022 was $43,636. There are 111 employees at 955 Sharefax Credit Union Inc.
Here are 13 key members and their salaries (955 Sharefax Credit Union Inc's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $140,721
- Related: $0
- Other: $9,403
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- Other: $0
- Compensation: $133,188
- Related: $0
- Other: $6,965
- Compensation: $135,121
- Related: $0
- Other: $14,600
- Compensation: $334,149
- Related: $0
- Other: $19,151
Official website here: www.sharefax.org
Where can I find the form 990 for 955 Sharefax Credit Union Inc?
955 Sharefax Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sharefax.org
Learn more at the official website: www.sharefax.org
Mission Statement of 955 Sharefax Credit Union Inc
955 Sharefax Credit Union Inc is a member-owned, not-for-profit financial cooperative, dedicated to enhancing the financial wellbeing of its members. Founded with the sole purpose of improving the financial livelihoods of its community, this institution functions as a unified entity for its members.
As a cooperative, 955 Sharefax Credit Union Inc is committed to its mission: fostering financial growth and stability for its members. By pooling resources and focusing on its members' best interests, it creates a unique financial ecosystem designed for mutual benefit. The Credit Union's initiatives reflect its unwavering dedication to its members' financial wellbeing.
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Impact
October, 2024
955 Sharefax Credit Union Inc plays a crucial role in enhancing the financial well-being of its members through a cooperative model that prioritizes community needs over profit. Serving the Cincinnati, OH area, this member-owned financial institution offers a range of programs tailored to improve access to financial services, education, and resources. By focusing on the specific needs of its members, Sharefax fosters a sense of community, encourages responsible financial management, and supports the economic stability of its members.
Through its mission, 955 Sharefax Credit Union Inc actively contributes to the public benefit by building a supportive environment where individuals can achieve their financial goals, access affordable credit, and strengthen their financial literacy. The cooperative model also allows members to have a voice in decision-making processes, promoting a sense of ownership and engagement within the community. Overall, the impact of 955 Sharefax Credit Union Inc extends beyond banking, creating a positive ripple effect that uplifts individuals and families within the local economy.
This information is meant to be a general summary of 955 Sharefax 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: $1,265,634
- Program Service Revenue: $11,863,371
- Gross Receipts: $18,157,504
Assets and Liabilities:
- Total Assets: $514,929,234
- Total Liabilities: $20,317,334
- Net Assets: $494,611,900
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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
$11,863,371
Organization Details
Founding Year
1960
Phone
(513) 753-2440Principal Officer
Todd Cain
Main Address
604 IVY GATEWAY, CINCINNATI, OH, 45245
Website
www.sharefax.orgNTEE Category
Code: W60 - Public benefit
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