Overview
What is 32 Educational Community Alliance Credit Union Inc?
32 Educational Community Alliance Credit Union Inc is a financial cooperative, headquartered at 3845 Angola Road, Toledo, Ohio 43615. Established with the primary purpose of serving its member-owners, the credit union offers a range of loan and deposit services. Their mission is to foster strong relationships with their members by providing personalized financial advice and service. With a vision of satisfaction and education among members and staff, this credit union encourages active marketing to promote its growth and development. As of the provided information, the credit union is operated by a team of 15 dedicated individuals.
Official website here: www.educacu.com
Is 32 Educational Community Alliance Credit Union Inc legitimate?
32 Educational Community Alliance Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 32 Educational Community Alliance 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: $126,042
Professional Fundraising Fees: $0
Other Salaries and Wages: $668,604
For more financial information, click here
Official website here: www.educacu.com
What is the mission statement of 32 Educational Community Alliance Credit Union Inc?
The mission of 32 Educational Community Alliance Credit Union Inc. is centered around fostering meaningful connections by offering individualized financial guidance and services. Their vision envisions satisfied and educated members, as well as an engaged staff, who actively contribute to the growth and development of the credit union. The primary objective of this financial cooperative is to serve its member-owners by providing loan and deposit products and services.
Official website here: www.educacu.com
Who is the CEO of 32 Educational Community Alliance Credit Union Inc?
Beth Carpenter is the CEO of 32 Educational Community Alliance Credit Union Inc The CEO's salary of 32 Educational Community Alliance Credit Union Inc is $126,042 and their total compensation is $139,742.
Official website here: www.educacu.com
What is the revenue of 32 Educational Community Alliance Credit Union Inc?
32 Educational Community Alliance Credit Union Inc's revenue in 2023 was $2,865,123.
Official website here: www.educacu.com
Who are the executives of 32 Educational Community Alliance Credit Union Inc and what are their salaries?
The average compensation at 32 Educational Community Alliance Credit Union Inc during 2023 was $66,220. There are 12 employees and 7 volunteers at 32 Educational Community Alliance Credit Union Inc.
Here are 7 key members and their salaries (32 Educational Community Alliance Credit Union Inc's CEO's salary is $126,042 and their total compensation is $139,742):
- Compensation: $126,042
- Related: $0
- Other: $13,700
- Compensation: $315
- Related: $0
- Other: $0
- Compensation: $235
- Related: $0
- Other: $0
- Compensation: $220
- Related: $0
- Other: $0
- Compensation: $135
- Related: $0
- Other: $0
- Compensation: $100
- Related: $0
- Other: $0
- Compensation: $75
- Related: $0
- Other: $0
Official website here: www.educacu.com
Where can I find the form 990 for 32 Educational Community Alliance Credit Union Inc?
32 Educational Community Alliance Credit Union Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.educacu.com
Learn more at the official website: www.educacu.com
Mission Statement of 32 Educational Community Alliance Credit Union Inc
The Educational Community Alliance Credit Union Inc, as a financial institution cooperative, is dedicated to its mission of fostering meaningful connections by offering tailored financial guidance and service. With a forward-thinking vision, this credit union aims to cultivate a community of contented, well-informed members and employees, who actively contribute to the credit union's expansion and development. This mission is underpinned by the Credit Union's commitment to delivering personalized financial advice and assistance, ensuring its member-owners receive an exceptional level of service.
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Impact
October, 2024
32 Educational Community Alliance Credit Union Inc significantly impacts the Toledo community by offering valuable financial products and services tailored to the needs of its member owners. By operating as a cooperative, it fosters a sense of community and belonging among its members, encouraging collaboration and mutual support.
The credit union's mission emphasizes building meaningful relationships, which translates into personalized financial advice and services that empower members to make informed decisions about their financial futures. This commitment to education ensures that members are not only satisfied but also equipped to participate actively in their financial journeys.
In addition, the credit union contributes to the local economy by providing access to loans that support personal and community development, as well as promoting savings through competitive deposit options. Its vision of satisfied, educated members and engaged staff helps drive the growth and stability of the organization, reinforcing its role as a trusted financial partner within the community. Overall, 32 Educational Community Alliance Credit Union Inc plays a vital role in enhancing the financial wellbeing of its members and fostering a thriving community in Toledo, OH.
This information is meant to be a general summary of 32 Educational Community Alliance 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 2023.
- Investment Income: $329,747
- Program Service Revenue: $2,535,376
- Gross Receipts: $2,865,123
Assets and Liabilities:
- Total Assets: $61,275,129
- Total Liabilities: $55,149,026
- Net Assets: $6,126,103
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on loans to member
Revenue
$1,665,765
Fees to members
Revenue
$865,888
ATM surcharges to nonmembers
Revenue
$3,723
Organization Details
Founding Year
1934
Principal Officer
Beth Carpenter
Website
www.educacu.comNTEE Category
Code: W60 - Public benefit
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