Overview
What is Youngstown City Schools Credit Union Inc?
Youngstown City Schools Credit Union Inc is a nonprofit financial cooperative based in Youngstown, Ohio, specifically at 20 W Wood Street. Established with a mission to benefit its members, it provides low-interest loans and encourages savings through various banking services. With a small team of three dedicated individuals, the credit union aims to serve its members effectively, ensuring they have access to affordable financing options for their financial needs.
Official website here: www.ycsd.creditunion@youngstown.k12.oh.us
Is Youngstown City Schools Credit Union Inc legitimate?
Youngstown City Schools Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Youngstown City Schools 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: $60,065
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,351
For more financial information, click here
Official website here: www.ycsd.creditunion@youngstown.k12.oh.us
What is the mission statement of Youngstown City Schools Credit Union Inc?
Youngstown City Schools Credit Union Inc, as a financial cooperative, is committed to serving its members by offering them access to low-interest loans. This credit union also aims to encourage savings among its members, thereby promoting financial well-being. The primary activity of this organization revolves around providing banking services, with a focus on keeping loan interest rates low and fostering a savings culture within its membership base.
Official website here: www.ycsd.creditunion@youngstown.k12.oh.us
Who is the CEO of Youngstown City Schools Credit Union Inc?
Ruth Fletcher is the President of Youngstown City Schools Credit Union Inc.
Official website here: www.ycsd.creditunion@youngstown.k12.oh.us
What is the revenue of Youngstown City Schools Credit Union Inc?
Youngstown City Schools Credit Union Inc's revenue in 2022 was $202,121.
Official website here: www.ycsd.creditunion@youngstown.k12.oh.us
Who are the executives of Youngstown City Schools Credit Union Inc and what are their salaries?
The average compensation at Youngstown City Schools Credit Union Inc during 2022 was $31,472. There are 3 employees and 9 volunteers at Youngstown City Schools Credit Union Inc.
Here are 8 key members and their salaries:
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Official website here: www.ycsd.creditunion@youngstown.k12.oh.us
Where can I find the form 990 for Youngstown City Schools Credit Union Inc?
Youngstown City Schools Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ycsd.creditunion@youngstown.k12.oh.us
Learn more at the official website: www.ycsd.creditunion@youngstown.k12.oh.us
Mission Statement of Youngstown City Schools Credit Union Inc
Youngstown City Schools Credit Union Inc, as a financial cooperative/credit union, is dedicated to serving its members by providing them with affordable loan options and encouraging savings. Its primary mission is to promote financial well-being among its members, offering banking services that cater to their financial needs. By offering low-interest loans, the credit union aims to make financial assistance accessible and affordable for its members. Additionally, the credit union encourages savings among its members, providing them with opportunities to build financial stability and security. Its activities are centered around providing financial assistance and fostering financial responsibility among its members, ultimately contributing to their overall financial health.
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Impact
October, 2024
Youngstown City Schools Credit Union Inc significantly impacts its members by providing access to low-interest loans, helping them manage financial needs more effectively. This financial cooperative fosters a culture of saving and financial literacy, ensuring that its members can build a secure future. By offering banking services tailored to the community's needs, the credit union promotes economic stability and growth among individuals connected to the Youngstown City Schools system. Additionally, the organization contributes to the overall well-being of its members by encouraging responsible financial habits and providing essential resources for achieving financial goals.
This information is meant to be a general summary of Youngstown City Schools 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: $72,878
- Program Service Revenue: $127,453
- Gross Receipts: $202,121
Assets and Liabilities:
- Total Assets: $7,796,449
- Total Liabilities: $4,947,190
- Net Assets: $2,849,259
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER LOAN INTEREST
Revenue
$127,453
Organization Details
Founding Year
1933
Phone
(330) 744-5846Principal Officer
Ruth Fletcher
Main Address
20 W WOOD STREET, YOUNGSTOWN, OH, 44503
NTEE Category
Code: W60 - Public benefit
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