Healthshare Credit Union

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

EIN: 560713351 ✦ Greensboro, NC ✦ Designated as a 501(c)(14)

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Overview

What is Healthshare Credit Union?

Healthshare Credit Union is a member-exclusive financial institution committed to delivering a range of personal financial services. With a focus on competitively priced loans and investments, this credit union extends its offerings to include various other products and services for its members. The organization's mission is to provide credit union services, aiming to cater to the financial needs of its members effectively.


Official website here: www.healthsharecu.org

Is Healthshare Credit Union legitimate?

Healthshare Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Healthshare 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: $280,135
Professional Fundraising Fees: $0
Other Salaries and Wages: $443,831

For more financial information, click here


Official website here: www.healthsharecu.org

What is the mission statement of Healthshare Credit Union?

Healthshare Credit Union's mission is centered around providing a range of competitive personal financial services to its members. This includes offering favorable interest rates on loans and investments, as well as various other products and services. The credit union's objective is to deliver credit union services to its member base.


Official website here: www.healthsharecu.org

Who is the CEO of Healthshare Credit Union?

Genice Decorte is the Ceo of Healthshare Credit Union. The CEO's salary of Healthshare Credit Union is $280,135 and their total compensation is $280,135.


Official website here: www.healthsharecu.org

What is the revenue of Healthshare Credit Union?

Healthshare Credit Union's revenue in 2022 was $2,477,711.


Official website here: www.healthsharecu.org

Who are the executives of Healthshare Credit Union and what are their salaries?

The average compensation at Healthshare Credit Union during 2022 was $55,690. There are 13 employees and 15 volunteers at Healthshare Credit Union.


Here are 12 key members and their salaries (Healthshare Credit Union's CEO's salary is $280,135 and their total compensation is $280,135):


Genice Decorte (Ceo)
  • Compensation: $280,135
  • Related: $0
  • Other: $0
Keith Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myra Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Somers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Meador (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Plyler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Youland Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deanne Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Smita Glosson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.healthsharecu.org

Where can I find the form 990 for Healthshare Credit Union?

Healthshare Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.healthsharecu.org

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

Mission Statement of Healthshare Credit Union

Healthshare Credit Union, a nonprofit organization, is committed to offering a broad range of personal financial services exclusively to its members. Its mission is to provide credit union services that are characterized by competitive rates on loans and investments. Beyond financial products, Healthshare Credit Union also offers various other services to cater to the diverse needs of its members. In essence, its mission is to ensure that its members have access to comprehensive financial solutions, all while maintaining competitive pricing.

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Impact




October, 2024

Healthshare Credit Union has a significant impact on its community by providing a range of personal financial services tailored exclusively for its members. Located in Greensboro, NC, it offers competitive rates on loans and investments, empowering members to achieve their financial goals. Through its commitment to member-centric services, Healthshare Credit Union fosters financial well-being, encouraging responsible borrowing and saving practices. By focusing on the specific needs of its members, the credit union strengthens community ties and supports economic growth at a local level. Its mission to deliver accessible financial products ensures that members have the tools they need for a secure financial future.




This information is meant to be a general summary of Healthshare 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.

Revenue
$2,477,711 (2022)
Expenses
$2,098,205 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $148,474
  • Program Service Revenue: $2,311,817
  • Gross Receipts: $2,477,711

Assets and Liabilities:

  • Total Assets: $47,337,444
  • Total Liabilities: $42,179,206
  • Net Assets: $5,158,238

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INCOME

Revenue

$1,562,347

FEE INCOME

Revenue

$182,018

INSURANCE RELATED

Revenue

$35,217

CARD RELATED

Revenue

$296,329

MORTGAGE RELATED

Revenue

$205,906

Organization Details

Founding Year

1955

Principal Officer

Genice Decorte

Main Address

1200 NORTH ELM STREET, GREENSBORO, NC, 27401

NTEE Category

Code: W60 - Public benefit

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