261 The Cleveland Police Credit Union Inc

Cleveland Police Credit Union

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

EIN: 340151733 ✦ Cleveland, OH ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is 261 The Cleveland Police Credit Union Inc?

261 The Cleveland Police Credit Union Inc is a state-chartered, member-owned cooperative based in Cleveland, Ohio. Located at 2301 Payne Avenue, the credit union offers financial services and products to its member-owners with a mission to serve their financial needs effectively. Established with the purpose of providing personalized service, competitive rates, and affordable financial solutions, the credit union aims to maintain a sound financial position while ensuring member satisfaction. With a team of 11 employees, Cleveland Police Credit Union remains dedicated to promoting financial well-being within its community.


Official website here: www.clevepolicecu.com

Is 261 The Cleveland Police Credit Union Inc legitimate?

261 The Cleveland Police Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 261 The Cleveland Police 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: $173,993
Professional Fundraising Fees: $0
Other Salaries and Wages: $298,975

For more financial information, click here


Official website here: www.clevepolicecu.com

What is the mission statement of 261 The Cleveland Police Credit Union Inc?

The mission of 261 The Cleveland Police Credit Union Inc. is centered around serving its member-owners by providing personalized financial services and competitive rates. The organization strives to deliver these services at an efficient cost while maintaining a financially sound position. The primary goal is to cater to the financial needs of its members, ensuring they receive the best possible financial services.


Official website here: www.clevepolicecu.com

Who is the CEO of 261 The Cleveland Police Credit Union Inc?

Yolanda Roldan is the Manager of 261 The Cleveland Police Credit Union Inc.


Official website here: www.clevepolicecu.com

What is the revenue of 261 The Cleveland Police Credit Union Inc?

261 The Cleveland Police Credit Union Inc's revenue in 2022 was $1,744,381.


Official website here: www.clevepolicecu.com

Who are the executives of 261 The Cleveland Police Credit Union Inc and what are their salaries?

The average compensation at 261 The Cleveland Police Credit Union Inc during 2022 was $42,997. There are 11 employees and 18 volunteers at 261 The Cleveland Police Credit Union Inc.


Here are 13 key members and their salaries:


Yolanda Roldan (Manager)
  • Compensation: $96,818
  • Related: $0
  • Other: $69,100
Regina Kelley (Assistant Manager)
  • Compensation: $56,287
  • Related: $0
  • Other: $41,700
Gary Cugini (Secretary / Treasurer)
  • Compensation: $20,888
  • Related: $0
  • Other: $0
Roy Rich (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Leahy (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Scharf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Mcguire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Chojnowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Rowley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Simon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Swan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Betley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James O'Malley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.clevepolicecu.com

Where can I find the form 990 for 261 The Cleveland Police Credit Union Inc?

261 The Cleveland Police Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.clevepolicecu.com

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

Mission Statement of 261 The Cleveland Police Credit Union Inc

261 The Cleveland Police Credit Union Inc, as a financial institution cooperative, is committed to serving the financial needs of its member-owners. Its mission is threefold: to provide personal service, offer competitive rates, and deliver the best financial services at the most efficient cost, all while maintaining a financially sound position. The organization operates as a member-owned cooperative credit union, offering various financial products and services to its members. The goal is to cater to their financial needs effectively, ensuring a high level of satisfaction and trust.

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

261 The Cleveland Police Credit Union Inc plays a vital role in supporting the financial well-being of its member owners, particularly those associated with law enforcement in the Cleveland area. By offering a variety of loan and deposit products, the Credit Union addresses the specific financial needs of its members, allowing them to access affordable financial services.

The organization is committed to providing personalized service and competitive rates, ensuring that members receive tailored solutions to their financial challenges. This focus on member-centric service not only fosters a sense of community among law enforcement personnel but also promotes financial literacy and stability.

In addition, the Cleveland Police Credit Union's mission emphasizes maintaining a sound financial position while delivering efficient services. This balance ensures that the organization can continue to operate sustainably and help its members achieve their financial goals. Through its cooperative model, the Credit Union empowers its members, contributing positively to the overall financial landscape of the community it serves.




This information is meant to be a general summary of 261 The Cleveland Police 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
$1,744,381 (2022)
Expenses
$1,617,965 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $247,477
  • Program Service Revenue: $1,506,074
  • Gross Receipts: $1,758,531

Assets and Liabilities:

  • Total Assets: $43,235,629
  • Total Liabilities: $39,455,529
  • Net Assets: $3,780,100

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 on loans to members

Revenue

$870,144

Fees to members

Revenue

$635,390

Check cashing for nonmembers

Revenue

$540

Organization Details

Founding Year

1938

Principal Officer

Yolanda Roldan

Main Address

2301 Payne Avenue, Cleveland, OH, 44114

NTEE Category

Code: W60 - Public benefit

If you are a representative of 261 The Cleveland Police 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.