New Horizons Credit Union Inc

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

EIN: 316030845 ✦ Cincinnati, OH ✦ Designated as a 501(c)(14)

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Overview

What is New Horizons Credit Union Inc?

New Horizons Credit Union Inc, located in Cincinnati, Ohio, is a nonprofit organization that places a strong emphasis on catering to its members' unique financial needs. With approximately 4,780 members and 8,989 deposit accounts, they offer personalized financial guidance and products. Their mission is to serve as a reliable resource for their members, always questioning how they can help achieve their financial success. The credit union stands out in the financial industry by focusing on exceptional member service and tailoring their offerings to each individual's requirements. They have a dedicated team of 17 employees, demonstrating their commitment to providing top-notch support for their members' financial well-being.


Official website here: www.newhorizonscu.com

Is New Horizons Credit Union Inc legitimate?

New Horizons Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. New Horizons 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $501,724

For more financial information, click here


Official website here: www.newhorizonscu.com

What is the mission statement of New Horizons Credit Union Inc?

New Horizons Credit Union Inc's mission is centered around catering to the unique financial needs of its members. The credit union aims to provide exceptional member service and guidance in financial planning, with the ultimate goal of contributing to their members' financial success. They strive to be the go-to place for members with financial questions or needs, setting themselves apart in the financial industry by consistently asking, "How can we help you achieve your financial success?" The credit union tailors its products and services to meet individual member requirements, making it a reliable resource for members seeking financial guidance.


Official website here: www.newhorizonscu.com

Who is the CEO of New Horizons Credit Union Inc?

Terri Van Antwerp is the President of New Horizons Credit Union Inc.


Official website here: www.newhorizonscu.com

What is the revenue of New Horizons Credit Union Inc?

New Horizons Credit Union Inc's revenue in 2020 was $2,195,839.


Official website here: www.newhorizonscu.com

Who are the executives of New Horizons Credit Union Inc and what are their salaries?

The average compensation at New Horizons Credit Union Inc during 2020 was $34,807. There are 17 employees at New Horizons Credit Union Inc.


Here are 6 key members and their salaries:


Terri Van Antwerp (President)
  • Compensation: $90,000
  • Related: $0
  • Other: $5,027
Richard Fiddes (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Hogan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Richard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Polina Ruuge (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Von Wahlde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newhorizonscu.com

Where can I find the form 990 for New Horizons Credit Union Inc?

New Horizons Credit Union Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.newhorizonscu.com

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

Mission Statement of New Horizons Credit Union Inc

New Horizons Credit Union Inc is committed to serving its members by tailoring its financial products and services to their unique needs. The credit union stands out in the financial industry by following a simple principle: "How can we help you achieve your financial success?" This principle guides New Horizons in providing the best member service and financial planning guidance. The credit union aims to be the first place its members turn to when they have financial questions or needs, demonstrating a dedication to its members' well-being and financial growth.

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Impact




October, 2024

New Horizons Credit Union Inc. makes a significant impact on the financial well-being of its members in Cincinnati, Ohio, by focusing on personalized service and financial guidance. The organization tailors its products and services to meet the unique needs of approximately 4,780 members, providing them with access to valuable financial resources and expertise.

Through its commitment to exceptional member service, New Horizons fosters an environment where individuals feel supported in their financial journeys. This approach is underpinned by a simple yet powerful principle: helping members achieve their financial success. By prioritizing their members' needs, New Horizons builds trust and loyalty, making it the go-to resource for financial questions and needs.

Furthermore, the credit union provides tangible benefits to its members, as evidenced by the dividends and interest paid on nearly 9,000 deposit accounts. This not only enhances the financial stability of its members but also contributes to a sense of community and shared success. Overall, New Horizons Credit Union Inc. plays a crucial role in promoting financial literacy and stability, ensuring that its members have the support they need to thrive.




This information is meant to be a general summary of New Horizons 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
$2,195,839 (2020)
Expenses
$2,451,900 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $54,751
  • Program Service Revenue: $2,141,088
  • Gross Receipts: $2,195,839

Assets and Liabilities:

  • Total Assets: $41,257,610
  • Total Liabilities: $38,572,500
  • Net Assets: $2,685,110

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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

$1,590,390

FEES & COMMISSIONS

Revenue

$526,279

MISCELLANEOUS

Revenue

$12,397

NON MEMBER ATM FEES

Revenue

$12,022

Organization Details

Founding Year

1934

Principal Officer

Terri Van Antwerp

Main Address

637 VINE STREET, CINCINNATI, OH, 452010539

NTEE Category

Code: W60 - Public benefit

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