Post Office Credit Union Of Maryland Inc

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

EIN: 520237444 ✦ Baltimore, MD ✦ 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 Post Office Credit Union Of Maryland Inc?

Post Office Credit Union of Maryland Inc, located at 900 E Fayette Street Suite 606, Baltimore, MD 21233, is a state-chartered credit union specifically catering to the financial needs of U.S. Postal employees and their families residing or working in Maryland. Their programs encompass various types of savings accounts, checking accounts, money market accounts, Christmas and vacation clubs, IRA accounts, certificates of deposit, ATM cards, and loans for their members. The organization's primary mission is to provide accessible and reliable financial services to this specific demographic in Maryland. With a dedicated workforce of five individuals, Post Office Credit Union of Maryland Inc plays a significant role in serving the financial needs of the U.S. Postal service community in the state.


Official website here: www.pocumd.org

Is Post Office Credit Union Of Maryland Inc legitimate?

Post Office Credit Union Of Maryland Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Post Office Credit Union Of Maryland 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: $8,365
Professional Fundraising Fees: $0
Other Salaries and Wages: $349,986

For more financial information, click here


Official website here: www.pocumd.org

What is the mission statement of Post Office Credit Union Of Maryland Inc?

The Post Office Credit Union of Maryland Inc., as a mission, is committed to providing financial services to U.S. Postal employees and their families who reside or work within the state. This mission is carried out through various credit union programs, such as Share Accounts, Share Draft Accounts, Money Market Accounts, Christmas & Vacation Club Accounts, IRA Accounts, Certificates of Deposits, and ATM Cards. Additionally, the credit union offers loan services to its members. The primary objective is to cater to the financial needs of the U.S. Postal service community in Maryland.


Official website here: www.pocumd.org

Who is the CEO of Post Office Credit Union Of Maryland Inc?

Joseph Amellio is the President/Ceo of Post Office Credit Union Of Maryland Inc. The CEO's salary of Post Office Credit Union Of Maryland Inc is $107,000 and their total compensation is $107,000.


Official website here: www.pocumd.org

What is the revenue of Post Office Credit Union Of Maryland Inc?

Post Office Credit Union Of Maryland Inc's revenue in 2022 was $610,602.


Official website here: www.pocumd.org

Who are the executives of Post Office Credit Union Of Maryland Inc and what are their salaries?

The average compensation at Post Office Credit Union Of Maryland Inc during 2022 was $71,670. There are 5 employees and 12 volunteers at Post Office Credit Union Of Maryland Inc.


Here are 10 key members and their salaries (Post Office Credit Union Of Maryland Inc's CEO's salary is $107,000 and their total compensation is $107,000):


Joseph Amellio (President/Ceo)
  • Compensation: $107,000
  • Related: $0
  • Other: $0
Thomas Keefe (Vice Chair)
  • Compensation: $2,680
  • Related: $0
  • Other: $0
Lawrence Schultz Jr (Board Member)
  • Compensation: $670
  • Related: $0
  • Other: $0
Ronald Bailey (Vice Chair)
  • Compensation: $640
  • Related: $0
  • Other: $0
David Brignac (Treasurer)
  • Compensation: $570
  • Related: $0
  • Other: $0
Kevin Johnston (Board Member)
  • Compensation: $450
  • Related: $0
  • Other: $0
Christopher Garrity (Chairman)
  • Compensation: $300
  • Related: $0
  • Other: $0
W David Hepner (Secretary)
  • Compensation: $270
  • Related: $0
  • Other: $0
Blanche Evans (Board Member)
  • Compensation: $270
  • Related: $0
  • Other: $0
Daniel Mccormack (Board Member)
  • Compensation: $190
  • Related: $0
  • Other: $0


Official website here: www.pocumd.org

Where can I find the form 990 for Post Office Credit Union Of Maryland Inc?

Post Office Credit Union Of Maryland Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pocumd.org

Learn more at the official website: www.pocumd.org

Mission Statement of Post Office Credit Union Of Maryland Inc

The Post Office Credit Union of Maryland Inc, as a state-chartered credit union, is committed to providing financial services to U.S. Postal employees and their families who reside or work within the state. Its mission, in essence, is to offer a range of financial products and services tailored to meet the needs of this specific demographic. These services encompass Share Accounts, Share Draft Accounts, Money Market Accounts, Christmas & Vacation Club Accounts, IRA Accounts, Certificates of Deposits, and ATM Cards, among others. Moreover, the credit union extends loan facilities to its members, further underscoring its dedication to financial support.

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

Post Office Credit Union of Maryland Inc provides significant financial support and services to U.S. Postal employees and their families residing or working in Maryland. By offering a range of financial products, including Share Accounts, Share Draft Accounts, Money Market Accounts, Club Accounts, Certificates of Deposits, and various types of loans, the credit union enhances the financial well-being of its members. This focus on serving postal employees fosters a sense of community and stability among its members, ensuring they have access to essential banking services tailored to their needs. The credit union also contributes to the local economy by promoting saving and responsible borrowing, ultimately benefiting the broader community in Baltimore and beyond.




This information is meant to be a general summary of Post Office Credit Union Of Maryland 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
$610,602 (2022)
Expenses
$1,059,465 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $129,764
  • Program Service Revenue: $336,551
  • Gross Receipts: $610,602

Assets and Liabilities:

  • Total Assets: $32,370,622
  • Total Liabilities: $104,822
  • Net Assets: $32,265,800

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

Revenue

$336,551

Organization Details

Founding Year

1929

Principal Officer

Joseph Amellio

Main Address

900 E Fayette Street Suite 606, Baltimore, MD, 21233

NTEE Category

Code: W60 - Public benefit

If you are a representative of Post Office Credit Union Of Maryland 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.