Overview
What is Northridge Community Credit Union?
Northridge Community Credit Union is a nonprofit financial institution situated in Hoyt Lakes, Minnesota. With a strong commitment to supporting its community, the credit union offers various deposit accounts to its members. In 2022, they opened 4,499 new accounts and had a total of 6,796 members as of December 31st. Their mission lies in encouraging community members to understand their unique financial situations and providing them with the necessary tools to achieve their aspirations. As of the provided information, the credit union employs 36 individuals.
Official website here: www.nrccu.org
Is Northridge Community Credit Union legitimate?
Northridge Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Northridge Community Credit Union 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: $397,693
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,054,188
For more financial information, click here
Official website here: www.nrccu.org
What is the mission statement of Northridge Community Credit Union?
The Northridge Community Credit Union's mission is centered around supporting the people in their communities. They strive to encourage their members' learning and understanding of their unique financial situations, providing them with the necessary tools to achieve their dreams. The credit union's activities are geared towards this purpose, aiming to empower its members financially. It offers various deposit accounts and opened 4,499 new accounts in 2022, with a total membership of 6,796 as of December 31, 2022.
Official website here: www.nrccu.org
Who is the CEO of Northridge Community Credit Union?
Nicholas Mathiowetz is the Pres/Ceo & S of Northridge Community Credit Union. The CEO's salary of Northridge Community Credit Union is $137,831 and their total compensation is $149,436.
Official website here: www.nrccu.org
What is the revenue of Northridge Community Credit Union?
Northridge Community Credit Union's revenue in 2022 was $6,267,768.
Official website here: www.nrccu.org
Who are the executives of Northridge Community Credit Union and what are their salaries?
The average compensation at Northridge Community Credit Union during 2022 was $40,330. There are 36 employees and 6 volunteers at Northridge Community Credit Union.
Here are 8 key members and their salaries (Northridge Community Credit Union's CEO's salary is $137,831 and their total compensation is $149,436):
- Compensation: $137,831
- Related: $0
- Other: $11,605
- Compensation: $100,846
- Related: $0
- Other: $3,968
- Compensation: $95,535
- Related: $0
- Other: $3,607
- Compensation: $63,481
- Related: $0
- Other: $2,471
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nrccu.org
Where can I find the form 990 for Northridge Community Credit Union?
Northridge Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nrccu.org
Learn more at the official website: www.nrccu.org
Mission Statement of Northridge Community Credit Union
Northridge Community Credit Union is committed to supporting the people in the communities it serves. Its mission is to encourage the learning and understanding of unique financial situations among its members, and to provide them with the necessary tools to achieve their dreams. The credit union aims to be a source of assistance, helping its members navigate their financial journeys and reach their aspirations. It offers various deposit accounts to cater to the diverse financial needs of its members, and in 2022, it opened 4,499 new deposit accounts. As of December 31, 2022, the credit union had a membership of 6,796 individuals.
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Impact
October, 2024
Northridge Community Credit Union plays a vital role in its community by empowering residents with financial literacy and resources. By encouraging individuals to understand their unique financial situations, the credit union provides essential tools that help members achieve their financial goals and dreams.
In 2022, Northridge Community Credit Union demonstrated its commitment to community support by opening 4,499 new deposit accounts, reflecting its active engagement in fostering financial health among its 6,796 members as of December 31, 2022. With various types of deposit accounts available, the credit union ensures that its members have access to tailored financial services that meet their needs.
Based in Hoyt Lakes, MN, Northridge Community Credit Union not only contributes to the local economy but also nurtures a culture of learning and financial empowerment, promoting a better understanding of personal finance among its members.
This information is meant to be a general summary of Northridge Community Credit Union. 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: $137,560
- Program Service Revenue: $6,110,428
- Gross Receipts: $6,350,611
Assets and Liabilities:
- Total Assets: $97,082,999
- Total Liabilities: $86,431,762
- Net Assets: $10,651,237
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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
$4,098,734
OTHER MEMBER RELATED REVENUE
Revenue
$1,280,765
MEMBER FEE INCOME
Revenue
$712,782
FEE & INSURANCE INCOME
Revenue
$18,147
Organization Details
Founding Year
1957
Phone
(877) 672-2848Principal Officer
Nicholas Mathiowetz
Main Address
283 KENNEDY MEMORIAL DRIVE, HOYT LAKES, MN, 55750
Website
www.nrccu.orgNTEE Category
Code: W60 - Public benefit
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