Overview
What is National Association Of State Credit Union Supervisors?
The National Association of State Credit Union Supervisors (NASCUS) is a nonprofit organization based in Arlington, Virginia. Their primary mission is to improve the supervision of state-chartered credit unions and facilitate the administration of laws and regulations governing these institutions. They accomplish this through various activities, including hosting conferences for members, providing onsite training events, and offering online educational resources. NASCUS aims to promote a relevant, growth-oriented, and healthy state charter option, enhancing state credit union supervision, and advocating for a safe and sound state credit union system. In 2022, they predominantly held events in-person, with some virtual and hybrid events still scheduled. The organization employs a total of 11 individuals.
Official website here: www.nascus.org
Is National Association Of State Credit Union Supervisors legitimate?
National Association Of State Credit Union Supervisors is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of State Credit Union Supervisors 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,608,473
For more financial information, click here
Official website here: www.nascus.org
What is the mission statement of National Association Of State Credit Union Supervisors?
The National Association of State Credit Union Supervisors (NASCUS) aims to foster a thriving dual charter system by advocating for a dynamic, growth-oriented, and robust state charter option. To accomplish this mission, NASCUS strengthens state credit union supervision and advocates for a secure and stable state credit union system. To achieve this goal, NASCUS defends and promotes the interests of state credit union regulators and the credit unions they oversee through advocacy and education. NASCUS conducts various activities, such as conferences, onsite training events, and online educational offerings, to enhance the supervision of state-chartered credit unions and facilitate the implementation of laws and regulations governing these institutions. In 2022, NASCUS primarily hosted its events in-person, with some virtual and hybrid events still scheduled.
Official website here: www.nascus.org
Who is the CEO of National Association Of State Credit Union Supervisors?
Brian Knight is the Chair of National Association Of State Credit Union Supervisors. The CEO's salary of National Association Of State Credit Union Supervisors is $385,610 and their total compensation is $424,173.
Official website here: www.nascus.org
What is the revenue of National Association Of State Credit Union Supervisors?
National Association Of State Credit Union Supervisors's revenue in 2022 was $3,688,827.
Official website here: www.nascus.org
Who are the executives of National Association Of State Credit Union Supervisors and what are their salaries?
The average compensation at National Association Of State Credit Union Supervisors during 2022 was $146,225. There are 11 employees and 135 volunteers at National Association Of State Credit Union Supervisors.
Here are 13 key members and their salaries (National Association Of State Credit Union Supervisors's CEO's salary is $385,610 and their total compensation is $424,173):
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- Compensation: $385,610
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- Other: $38,563
- Compensation: $118,207
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- Other: $27,217
- Compensation: $163,147
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- Other: $16,060
- Compensation: $137,001
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- Other: $16,511
- Compensation: $123,340
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- Other: $3,540
- Compensation: $116,654
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- Other: $27,904
Official website here: www.nascus.org
Where can I find the form 990 for National Association Of State Credit Union Supervisors?
National Association Of State Credit Union Supervisors's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nascus.org
Learn more at the official website: www.nascus.org
Mission Statement of National Association Of State Credit Union Supervisors
The National Association of State Credit Union Supervisors (NASCUS) aims to foster a robust dual charter system by promoting a dynamic and growth-oriented state charter option. To achieve this mission, NASCUS works diligently to enhance the supervision of state-chartered credit unions and advocates for a secure and thriving state credit union system. In pursuit of this objective, NASCUS defends and champions the interests of state credit union regulators and the credit unions they oversee through advocacy and education.
To accomplish its mission, NASCUS organizes annual conferences for its members, offering an opportunity for education and networking. Additionally, it conducts onsite training events and provides online educational offerings on various relevant and timely topics to further the professional development and ongoing education of its members. By engaging in these activities, NASCUS strives to improve the supervision of state-chartered credit unions and facilitate the administration of laws and regulations governing such institutions.
In 2022, NASCUS primarily held its events in-person, with some virtual and hybrid events still scheduled. This approach allows members to benefit from face-to-face interactions and networking opportunities while also catering to those who may require a more flexible or remote learning environment. Through its various initiatives, NASCUS plays a crucial role in ensuring the safety and soundness of the state credit union system.
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Impact
October, 2024
The National Association of State Credit Union Supervisors (NASCUS) plays a critical role in strengthening the dual charter system for credit unions across the United States. By promoting a healthy, growth-oriented environment for state-chartered credit unions, NASCUS enhances the overall infrastructure and regulation of the credit union industry.
Through its organized national conferences, NASCUS provides essential educational opportunities for members, fostering networking and collaboration among state regulators and credit union professionals. These events are complemented by onsite training and ongoing online educational offerings, all aimed at improving the supervision of state-chartered credit unions. This focus on education ensures that members are well-versed in the latest regulatory changes and operational best practices, ultimately leading to a more robust financial system.
NASCUS actively advocates for the interests of state regulators, ensuring that their voices are heard in the broader regulatory landscape. This advocacy is crucial for maintaining a balanced approach to credit union regulation, allowing for flexibility and responsiveness to the unique needs of state-chartered institutions.
By facilitating these activities, NASCUS directly contributes to the safety and soundness of the state credit union system, supporting both financial stability and community improvement. Through its efforts, NASCUS ensures that state-chartered credit unions can thrive and continue to serve their members effectively.
This information is meant to be a general summary of National Association Of State Credit Union Supervisors. 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: $52,368
- Program Service Revenue: $3,669,438
- Gross Receipts: $3,883,058
Assets and Liabilities:
- Total Assets: $5,451,952
- Total Liabilities: $1,959,209
- Net Assets: $3,492,743
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$2,959,392
EDUCATION PROGRAMS
Revenue
$481,217
ACCREDITATION
Revenue
$122,000
ANNUAL CONVENTION
Revenue
$106,829
Organization Details
Founding Year
1965
Phone
(703) 528-8351Principal Officer
Brian Knight
Main Address
1655 N FORT MYER DR 650, ARLINGTON, VA, 222093108
Website
www.nascus.orgNTEE Category
Code: S41 - Community improvement
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