Overview
What is Holy Rosary Credit Union?
Holy Rosary Credit Union is a renowned financial institution situated at 533 Campbell Street, Kansas City, Missouri. As one of the top 25 financial institutions in the nation serving the lowest income people, it is committed to fostering ownership and economic opportunities for all. The credit union achieves this mission by offering responsible financial services and education, providing loans to individuals, small businesses, and nonprofits, developing real estate, and upholding fair financial practices. With a dedicated workforce of 29 employees, Holy Rosary Credit Union continues to make a significant impact in its community.
Official website here: www.holyrosarycu.org
What do the Facebook reviews say about Holy Rosary Credit Union?
96% of 19 reviewers on Facebook recommend Holy Rosary Credit Union. Here is a summary of their reviews:
Many users express a high level of satisfaction with the services offered at Holy Rosary Credit Union, highlighting the friendly and welcoming nature of the tellers. The positive experiences shared by members suggest that the credit union is successful in providing quality customer service and fostering a supportive environment.
Overall, it seems that Holy Rosary Credit Union is making a positive impact on its community, as members appreciate the attentive service and feel valued as customers. The consensus indicates a strong recommendation for this institution.
This AI summary has been generated from reviews found on Facebook.
Is Holy Rosary Credit Union legitimate?
Holy Rosary Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Holy Rosary 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: $103,626
Professional Fundraising Fees: $0
Other Salaries and Wages: $861,827
For more financial information, click here
Official website here: www.holyrosarycu.org
What is the mission statement of Holy Rosary Credit Union?
Holy Rosary Credit Union's mission is centered around creating and safeguarding economic opportunities for all. They achieve this by offering responsible financial services and education, providing loans to individuals, small businesses, and nonprofits, developing real estate, and adhering to fair financial practices. The credit union is highly regarded, as it was ranked among the top 25 financial institutions in the nation by the US Treasury in the ECIP program, serving low-income populations.
Official website here: www.holyrosarycu.org
Who is the CEO of Holy Rosary Credit Union?
Carole Wight is the Chairman of Holy Rosary Credit Union.
Official website here: www.holyrosarycu.org
What is the revenue of Holy Rosary Credit Union?
Holy Rosary Credit Union's revenue in 2022 was $3,010,457.
Official website here: www.holyrosarycu.org
Who are the executives of Holy Rosary Credit Union and what are their salaries?
The average compensation at Holy Rosary Credit Union during 2022 was $33,291. There are 29 employees and 20 volunteers at Holy Rosary Credit Union.
Here are 14 key members and their salaries:
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- Compensation: $101,100
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- Other: $2,526
Official website here: www.holyrosarycu.org
Where can I find the form 990 for Holy Rosary Credit Union?
Holy Rosary Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.holyrosarycu.org
Learn more at the official website: www.holyrosarycu.org
Mission Statement of Holy Rosary Credit Union
Holy Rosary Credit Union, a notable financial institution, is dedicated to the mission of creating and protecting ownership and economic opportunities for all. They accomplish this mission by offering responsible financial services and education, lending to individuals, small businesses, and nonprofits, developing real estate, and upholding fair financial practices. The US Treasury recognized Holy Rosary Credit Union as one of the top 25 financial institutions in the nation, serving the lowest income people, through the ECIP program. This recognition underscores the credit union's commitment to serving those who may have limited access to financial services and opportunities.
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Impact
October, 2024
Holy Rosary Credit Union (HRCU) has made a significant impact in Kansas City, Missouri, by creating and protecting ownership and economic opportunity for the community. Its commitment to responsible financial services has garnered national recognition, with HRCU ranking among the top 25 financial institutions in the nation in the U.S. Treasury's Emergency Capital Investment Program (ECIP), focusing on the needs of the lowest-income individuals.
HRCU's mission encompasses providing accessible financial education and services, which empowers individuals and small businesses to achieve their economic goals. Through its lending initiatives, HRCU supports the growth and development of local businesses and real estate projects, fostering an environment where economic growth can flourish. Furthermore, the credit union adheres to fair financial practices, ensuring that all community members have equitable access to financial resources. This dedication not only enhances individual financial stability but also contributes to the overall economic vitality of the region.
This information is meant to be a general summary of Holy Rosary 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: $125,816
- Program Service Revenue: $2,144,517
- Gross Receipts: $3,010,457
Assets and Liabilities:
- Total Assets: $38,979,468
- Total Liabilities: $35,925,128
- Net Assets: $3,054,340
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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
$1,461,951
FEES & OTHER INCOME
Revenue
$676,866
WARRANTY & OTHER INS
Revenue
$5,700
Organization Details
Founding Year
1943
Phone
(816) 221-2734Principal Officer
Carole Wight
Main Address
533 CAMPBELL STREET, KANSAS CITY, MO, 641061274
Website
www.holyrosarycu.orgNTEE Category
Code: W60 - Public benefit
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