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Workmen's Circle Credit Union

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

EIN: 586038163 ✦ Savannah, GA ✦ Designated as a 501(c)(14)

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Overview

What is Workmen's Circle Credit Union?

Workmen's Circle Credit Union is a credit union catering to the financial needs of 1672 individuals residing or employed in Chatham County, Georgia. This nonprofit organization, with a team of 7 employees, operates under the unique circumstance that these members do not have access to an occupational credit union they can join. The credit union's primary role is to provide financial services, offering its members savings, loans, and other banking solutions. It is located at 527 Stephenson Avenue Ste Suite 1, Savannah, GA, 31405.


Official website here: www.workmenscirclecu.com

Is Workmen's Circle Credit Union legitimate?

Workmen's Circle Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Workmen's Circle 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: $253,676
Professional Fundraising Fees: $0
Other Salaries and Wages: $242,519

For more financial information, click here


Official website here: www.workmenscirclecu.com

What is the mission statement of Workmen's Circle Credit Union?

Workmen's Circle Credit Union is dedicated to serving a community of 1672 individuals who reside or work in Chatham County, providing them with credit union services. This financial institution caters to these members who do not have the opportunity to join an occupational credit union. While the provided information does not include a specific mission statement, it implies that the credit union's purpose is to provide financial services and opportunities to this particular group of individuals.


Official website here: www.workmenscirclecu.com

Who is the CEO of Workmen's Circle Credit Union?

Chris A Miltiades is the Committee Chairman of Workmen's Circle Credit Union.


Official website here: www.workmenscirclecu.com

What is the revenue of Workmen's Circle Credit Union?

Workmen's Circle Credit Union's revenue in 2022 was $3,391,934.


Official website here: www.workmenscirclecu.com

Who are the executives of Workmen's Circle Credit Union and what are their salaries?

The average compensation at Workmen's Circle Credit Union during 2022 was $70,885. There are 7 employees at Workmen's Circle Credit Union.


Here are 12 key members and their salaries:


Lloyd Goodman Md (Committee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Kulbersh Dmd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Rabhan Dpm (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Yellin (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Greenberg (Committee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gale Hirsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kooden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Karpf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris A Miltiades (President)
  • Compensation: $161,656
  • Related: $0
  • Other: $0
Donna A Smith (Assistant Secretary)
  • Compensation: $92,020
  • Related: $0
  • Other: $0
Matthew Allan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank A Slotin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.workmenscirclecu.com

Where can I find the form 990 for Workmen's Circle Credit Union?

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


Official website here: www.workmenscirclecu.com

Learn more at the official website: www.workmenscirclecu.com

Mission Statement of Workmen's Circle Credit Union

Workmen's Circle Credit Union is a mission-driven financial institution that serves a community of 1672 individuals. This nonprofit organization is unique in that it caters to individuals who reside or work in Chatham County, and who do not have the option to join another occupational credit union. The primary objective of Workmen's Circle Credit Union is to provide financial services to this specific group, ensuring they have access to credit and financial resources that may not be available elsewhere. By doing so, the credit union plays a vital role in supporting the financial well-being of its members, thereby contributing to their overall quality of life.

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Impact




October, 2024

Workmen's Circle Credit Union significantly impacts the community in Chatham County, Georgia, by providing financial services to 1,672 members who lack access to other occupational credit unions. By offering a range of financial products and services tailored to the unique needs of its members, the credit union fosters economic empowerment and financial literacy among individuals who may otherwise face barriers to banking. The credit union's mission emphasizes community support and inclusivity, ensuring that residents have reliable access to essential financial resources. This commitment not only bolsters the financial well-being of its members but also strengthens the overall economic health of the Chatham County community.




This information is meant to be a general summary of Workmen's Circle 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
$3,391,934 (2022)
Expenses
$1,980,800 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $549,626
  • Program Service Revenue: $2,837,390
  • Gross Receipts: $3,391,934

Assets and Liabilities:

  • Total Assets: $110,795,129
  • Total Liabilities: $88,934,158
  • Net Assets: $21,860,971

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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

$2,667,979

Other income

Revenue

$169,411

Organization Details

Founding Year

1950

Principal Officer

Chris A Miltiades

Main Address

527 Stephenson Avenue Ste Suite 1, Savannah, GA, 31405

NTEE Category

Code: W61 - Public benefit

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