Overview
What is University Of Virginia Community Credit Union?
The University of Virginia Community Credit Union, a state-chartered financial institution located in Charlottesville, Virginia, serves individuals living, working, or attending school in several central Virginia counties and cities. Established to encourage savings within its membership, the credit union uses those funds to extend loans at reasonable rates. Members also enjoy a fair return on their savings and access to helpful financial services. As of the end of 2022, the credit union catered to 76,251 members and employed 311 individuals, fulfilling its mission by providing financial assistance and promoting economic improvement within the community.
Official website here: www.uvacreditunion.org
Is University Of Virginia Community Credit Union legitimate?
University Of Virginia Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. University Of Virginia 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: $3,811,032
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,992,524
For more financial information, click here
Official website here: www.uvacreditunion.org
What is the mission statement of University Of Virginia Community Credit Union?
The University of Virginia Community Credit Union is dedicated to fostering thrift among its members, thereby creating a lendable pool of funds. This non-profit financial institution offers member loans at reasonable interest rates while paying a fair return on member savings. In addition, it provides helpful financial services to its members. The credit union's mission is to encourage savings and lending among its members, making credit accessible at fair rates and offering competitive savings products. By offering these financial services, the credit union enables its members to improve their economic conditions.
Official website here: www.uvacreditunion.org
Who is the CEO of University Of Virginia Community Credit Union?
Susan Gruber is the Ceo/President of University Of Virginia Community Credit Union. The CEO's salary of University Of Virginia Community Credit Union is $312,945 and their total compensation is $345,753.
Official website here: www.uvacreditunion.org
What is the revenue of University Of Virginia Community Credit Union?
University Of Virginia Community Credit Union's revenue in 2022 was $51,224,047.
Official website here: www.uvacreditunion.org
Who are the executives of University Of Virginia Community Credit Union and what are their salaries?
The average compensation at University Of Virginia Community Credit Union during 2022 was $63,677. There are 311 employees and 17 volunteers at University Of Virginia Community Credit Union.
Here are 29 key members and their salaries (University Of Virginia Community Credit Union's CEO's salary is $312,945 and their total compensation is $345,753):
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- Compensation: $1,038,971
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- Other: $44,693
- Compensation: $114,705
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- Other: $12,332
- Compensation: $269,899
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- Other: $57,137
- Compensation: $312,945
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- Other: $32,808
- Compensation: $15,865
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- Compensation: $198,663
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- Other: $20,562
- Compensation: $211,708
- Related: $0
- Other: $36,334
- Compensation: $184,659
- Related: $0
- Other: $37,903
- Compensation: $192,211
- Related: $0
- Other: $42,173
- Compensation: $207,842
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- Other: $51,217
- Compensation: $174,318
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- Other: $39,905
- Compensation: $165,861
- Related: $0
- Other: $33,869
- Compensation: $270,002
- Related: $0
- Other: $44,450
- Compensation: $157,392
- Related: $0
- Other: $38,432
- Compensation: $164,391
- Related: $0
- Other: $48,426
- Compensation: $173,485
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- Other: $18,135
- Compensation: $157,333
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- Other: $26,130
- Compensation: $164,494
- Related: $0
- Other: $39,972
Official website here: www.uvacreditunion.org
Where can I find the form 990 for University Of Virginia Community Credit Union?
University Of Virginia Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uvacreditunion.org
Learn more at the official website: www.uvacreditunion.org
Mission Statement of University Of Virginia Community Credit Union
University of Virginia Community Credit Union, a state-chartered financial institution, is dedicated to encouraging savings among its membership and creating a lendable pool of funds. By doing so, it enables the credit union to make loans to its members at reasonable interest rates, while also offering a fair rate of return on member savings. This mission is geared towards providing helpful financial services to those who belong to its community.
The University of Virginia Community Credit Union takes pride in its role as a financial cooperative, with a profound commitment to enhancing the economic condition of its members. It serves a diverse group of individuals who live, work, or attend school in various counties and cities throughout Virginia. In 2022, the credit union reached an impressive milestone by serving over 76,000 members.
In fulfilling its mission, the University of Virginia Community Credit Union offers a range of financial products and services that cater to the needs of its members. Through its loans, it provides access to credit at fair and reasonable rates, enabling members to improve their financial situation. The credit union also offers competitive share deposit products, allowing members to save and grow their savings. Additionally, it offers helpful member financial services, ensuring that members receive the support they need to manage their finances effectively.
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Impact
October, 2024
The University of Virginia Community Credit Union significantly impacts the Central Virginia community by providing accessible financial services tailored to the needs of its members. With a mission centered on encouraging thrift and promoting economic well-being, the credit union creates a lendable pool of funds that facilitates loans at reasonable interest rates.
In 2022, it served over 76,000 members across various counties and cities, including Charlottesville, Harrisonburg, and Lynchburg, thereby fostering financial inclusion and stability within the region. The credit union also emphasizes fair returns on member savings, ensuring that the interests of its members are prioritized. By offering competitive deposit products and personalized financial services, the University of Virginia Community Credit Union has become a vital resource for individuals seeking to enhance their economic conditions and achieve their financial goals.
Through its operations, the credit union contributes to a stronger local economy, empowering its members with the financial tools they need for personal growth and success.
This information is meant to be a general summary of University Of Virginia 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: $11,785,687
- Program Service Revenue: $31,167,844
- Gross Receipts: $79,611,958
Assets and Liabilities:
- Total Assets: $1,409,418,311
- Total Liabilities: $1,311,929,880
- Net Assets: $97,488,431
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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
$25,898,366
FEES/CHARGES/OTHER
Revenue
$5,193,759
FINANCE & INSURANCE
Revenue
$75,719
Organization Details
Founding Year
1954
Phone
(434) 964-2001Principal Officer
Susan Gruber
Main Address
3300 BERKMAR DRIVE, CHARLOTTESVILLE, VA, 22901
Website
www.uvacreditunion.orgNTEE Category
Code: W60 - Public benefit
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