Overview
What is Destinations Credit Union?
Destinations Credit Union is a state-chartered financial institution located in Baltimore, Maryland, specifically at 8767 SATYR HILL ROAD, ZIP code 21234. This credit union serves a membership of 6,674 individuals, providing them with financial services. Its primary mission is to promote thrift and offer affordable credit to its members. The credit union operates under the principle of cooperative finance, ensuring that its members collectively benefit from its operations. With a workforce of 23 employees, Destinations Credit Union strives to meet the financial needs of its members effectively.
Official website here: www.estinationscu.org
Is Destinations Credit Union legitimate?
Destinations Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Destinations 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: $428,231
Professional Fundraising Fees: $0
Other Salaries and Wages: $823,116
For more financial information, click here
Official website here: www.estinationscu.org
What is the mission statement of Destinations Credit Union?
Destinations Credit Union, as a state-chartered credit union, is committed to fostering saving habits and serving as a provider of affordable credit for its individual members. The primary mission of this financial institution is to promote thrift and offer its 6,674 members access to low-cost credit. By doing so, Destinations Credit Union contributes to the financial well-being of its members. In addition to providing financial services, the credit union also focuses on offering a range of financial products and solutions to meet the varying needs of its members.
Official website here: www.estinationscu.org
Who is the CEO of Destinations Credit Union?
Brian Vittek is the CEO of Destinations Credit Union The CEO's salary of Destinations Credit Union is $167,495 and their total compensation is $205,983.
Official website here: www.estinationscu.org
What is the revenue of Destinations Credit Union?
Destinations Credit Union's revenue in 2023 was $3,397,067.
Official website here: www.estinationscu.org
Who are the executives of Destinations Credit Union and what are their salaries?
The average compensation at Destinations Credit Union during 2023 was $59,588. There are 21 employees at Destinations Credit Union.
Here are 12 key members and their salaries (Destinations Credit Union's CEO's salary is $167,495 and their total compensation is $205,983):
- Compensation: $167,495
- Related: $0
- Other: $38,488
- Compensation: $116,569
- Related: $0
- Other: $1,001
- Compensation: $96,056
- Related: $0
- Other: $3,806
- Compensation: $1,012
- Related: $0
- Other: $0
- Compensation: $738
- Related: $0
- Other: $0
- Compensation: $639
- Related: $0
- Other: $0
- Compensation: $527
- Related: $0
- Other: $0
- Compensation: $456
- Related: $0
- Other: $0
- Compensation: $429
- Related: $0
- Other: $0
- Compensation: $400
- Related: $0
- Other: $0
- Compensation: $315
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
Official website here: www.estinationscu.org
Where can I find the form 990 for Destinations Credit Union?
Destinations Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.estinationscu.org
Learn more at the official website: www.estinationscu.org
Mission Statement of Destinations Credit Union
Destinations Credit Union, as a state-chartered credit union, is committed to fostering thrift and serving as a reliable source of affordable credit for its individual members. The organization's mission is to promote financial well-being within its community by offering financial services. With a membership of 6,674 individuals, Destinations Credit Union plays a crucial role in providing its members with accessible and cost-effective credit options.
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Impact
October, 2024
Destinations Credit Union significantly impacts its community by promoting financial well-being and providing essential services to its 6,674 members in Baltimore, MD. By focusing on thrift, the credit union encourages members to save and manage their finances responsibly. Additionally, it offers access to low-cost credit, empowering individuals to make important financial decisions without the burden of high-interest rates. This approach fosters financial literacy and stability, ultimately enhancing the quality of life for its members and contributing to the overall economic health of the community.
This information is meant to be a general summary of Destinations 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 2023.
- Investment Income: $440,128
- Program Service Revenue: $2,956,939
- Gross Receipts: $3,397,067
Assets and Liabilities:
- Total Assets: $67,163,860
- Total Liabilities: $476,003
- Net Assets: $66,687,857
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ATM SERVICES
Revenue
$201,207
FEES INCOME
Revenue
$711,312
INSURANCE SALES
Revenue
$280,301
INTEREST ON LOANS
Revenue
$1,764,119
Organization Details
Founding Year
1935
Principal Officer
Brian Vittek
Website
www.estinationscu.orgNTEE Category
Code: W60 - Public benefit
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