Overview
What is The Credit Union Foundation Of Md & Dc?
The Credit Union Foundation of Maryland & D.C. is a dedicated nonprofit organization situated in Columbia, Maryland. With a focus on supporting credit unions and the communities they serve, the foundation's mission is to promote financial literacy and provide affordable financial services. By collaborating with credit unions in the Maryland and D.C. regions, the foundation aims to foster financial self-sufficiency. The organization's activities encompass small credit union support, leadership development, professional development, and education, all aimed at empowering individuals and improving their financial well-being. The foundation is led by a small team of dedicated professionals.
Official website here: www.cufound.org
Is The Credit Union Foundation Of Md & Dc legitimate?
The Credit Union Foundation Of Md & Dc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Credit Union Foundation Of Md & Dc 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.
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Official website here: www.cufound.org
What is the mission statement of The Credit Union Foundation Of Md & Dc?
The Credit Union Foundation of Maryland and the District of Columbia aims to enhance lives by collaborating with credit unions in the aforementioned areas to promote financial self-sufficiency and provide affordable financial services. As a non-profit organization, its primary focus is on supporting credit unions and the communities they serve, with a particular emphasis on financial literacy, small credit union support, leadership development, professional development, and education. The foundation's mission is to contribute to the overall well-being of individuals by empowering them with the financial knowledge and resources necessary for financial stability.
Official website here: www.cufound.org
What is the revenue of The Credit Union Foundation Of Md & Dc?
The Credit Union Foundation Of Md & Dc's revenue in 2024 was $318,419.
Official website here: www.cufound.org
Who are the executives of The Credit Union Foundation Of Md & Dc and what are their salaries?
The average compensation at The Credit Union Foundation Of Md & Dc during 2024 was $201,808. There 9 volunteers at The Credit Union Foundation Of Md & Dc.
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Official website here: www.cufound.org
Where can I find the form 990 for The Credit Union Foundation Of Md & Dc?
The Credit Union Foundation Of Md & Dc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cufound.org
Learn more at the official website: www.cufound.org
Mission Statement of The Credit Union Foundation Of Md & Dc
The Credit Union Foundation of Md & Dc, a non-profit organization, is dedicated to improving lives by collaborating with credit unions in Maryland and the District of Columbia. Its primary focus is on promoting financial self-sufficiency and providing affordable financial services. The foundation works towards this goal by supporting credit unions and the communities they serve, placing a significant emphasis on financial literacy, small credit union support, leadership development, professional development, and education. Through these initiatives, the Credit Union Foundation of Md & Dc aims to empower individuals and contribute to the overall well-being of the communities it serves.
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Impact
October, 2024
The Credit Union Foundation of Maryland & DC significantly enhances the lives of individuals and families by partnering with credit unions to foster financial self-sufficiency and access to affordable financial services. Through its initiatives, the foundation promotes financial literacy, empowering community members with the knowledge and skills necessary to make informed financial decisions.
Focus on small credit unions is crucial, as it ensures that these institutions have the necessary support to thrive and serve their communities effectively. By investing in leadership development and professional education, the foundation cultivates a cadre of skilled professionals within the credit union sector, which strengthens the overall financial landscape in Maryland and the District of Columbia.
The foundation’s commitment to these principles not only assists credit unions in providing better services but also uplifts entire communities, paving the way for sustainable economic growth and improved quality of life for individuals.
This information is meant to be a general summary of The Credit Union Foundation Of Md & Dc. 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 2024.
- Investment Income: $83,389
- Gross Receipts: $1,120,131
Assets and Liabilities:
- Total Assets: $3,427,234
- Total Liabilities: $15,961
- Net Assets: $3,411,273
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Organization Details
Founding Year
1991
Principal Officer
John Bratsakis
Website
www.cufound.orgNTEE Category
Code: T30 - Philanthropy
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