State Chartered Credit Unions In Florida University Credit Union

University Credit Union

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

EIN: 590747276 ✦ Miami, FL ✦ Designated as a 501(c)(14)

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Overview

What is State Chartered Credit Unions In Florida University Credit Union?

State Chartered Credit Unions In Florida, specifically University Credit Union, is a nonprofit organization situated in Miami, Florida. It primarily functions through the income generated from its members' contributions and investments. The core mission of University Credit Union is to offer a range of high-quality financial services, aiming to enhance the financial well-being of its restricted membership. With a workforce of 61 employees, the credit union provides various financial services to improve its members' financial status.


Official website here: www.myunicu.coop

Is State Chartered Credit Unions In Florida University Credit Union legitimate?

State Chartered Credit Unions In Florida University Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. State Chartered Credit Unions In Florida University 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: $753,955
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,822,234

For more financial information, click here


Official website here: www.myunicu.coop

What is the mission statement of State Chartered Credit Unions In Florida University Credit Union?

State Chartered Credit Unions In Florida's University Credit Union is committed to providing a range of high-quality financial services to its members. This mission aims to enhance their financial well-being. The credit union derives its operational foundation and capacity to offer services from income generated from its members' membership and the investment of their funds.


Official website here: www.myunicu.coop

Who is the CEO of State Chartered Credit Unions In Florida University Credit Union?

Albert E Rose is the Evp/Coo of State Chartered Credit Unions In Florida University Credit Union. The CEO's salary of State Chartered Credit Unions In Florida University Credit Union is $278,146 and their total compensation is $303,060.


Official website here: www.myunicu.coop

What is the revenue of State Chartered Credit Unions In Florida University Credit Union?

State Chartered Credit Unions In Florida University Credit Union's revenue in 2022 was $8,027,074.


Official website here: www.myunicu.coop

Who are the executives of State Chartered Credit Unions In Florida University Credit Union and what are their salaries?

The average compensation at State Chartered Credit Unions In Florida University Credit Union during 2022 was $42,233. There are 61 employees and 10 volunteers at State Chartered Credit Unions In Florida University Credit Union.


Here are 16 key members and their salaries (State Chartered Credit Unions In Florida University Credit Union's CEO's salary is $278,146 and their total compensation is $303,060):


Remberto Sanchez (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Humberto Speziani (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Salz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Scott Ingold (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Burns (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Santoro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Diciacco (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Collins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Musto (Associate Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathie Alexander (Associate Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Welch Sr (President/Ceo)
  • Compensation: $278,146
  • Related: $0
  • Other: $24,914
Albert E Rose (Evp/Coo)
  • Compensation: $177,648
  • Related: $0
  • Other: $28,704
Eric J Hoskins (Svp/Cio)
  • Compensation: $118,393
  • Related: $0
  • Other: $4,144
Thomas Smith (Vp/Controller)
  • Compensation: $39,498
  • Related: $0
  • Other: $4,370
Johan Molina (Avp Of Accounting)
  • Compensation: $69,453
  • Related: $0
  • Other: $8,685
Riccardo Francois (Vp Senior Lending Officer)
  • Compensation: $114,383
  • Related: $0
  • Other: $8,995


Official website here: www.myunicu.coop

Where can I find the form 990 for State Chartered Credit Unions In Florida University Credit Union?

State Chartered Credit Unions In Florida University Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.myunicu.coop

Learn more at the official website: www.myunicu.coop

Mission Statement of State Chartered Credit Unions In Florida University Credit Union

State Chartered Credit Unions In Florida's University Credit Union is committed to providing a diverse range of high-quality financial services to its members. This mission is aimed at enhancing the financial well-being of its members. By leveraging income generated from its membership and the investment of members' funds, the credit union is able to operate and offer services to its restricted membership base. This approach allows University Credit Union to contribute positively to its members' financial status.

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Impact




October, 2024

State Chartered Credit Unions In Florida University Credit Union plays a significant role in enhancing the financial well-being of its members. By offering a diverse range of quality financial services, it empowers individuals to make informed financial decisions and improve their overall financial status. The income generated from membership fees and investment of members' funds enables the credit union to sustain its operations and provide essential services tailored to the needs of its restricted membership.

Situated in Miami, the credit union focuses on meeting the unique financial requirements of its members, thereby contributing to the economic health of the community. Through its commitment to quality service and member support, the credit union fosters a sense of community and promotes public benefit, ensuring that members have access to necessary resources for financial stability and growth. This impact is reflected in the strengthened financial literacy and security of its members, ultimately enhancing their quality of life.




This information is meant to be a general summary of State Chartered Credit Unions In Florida University 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
$8,027,074 (2022)
Expenses
$7,256,462 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,283,769
  • Program Service Revenue: $5,743,305
  • Gross Receipts: $8,027,074

Assets and Liabilities:

  • Total Assets: $261,583,999
  • Total Liabilities: $253,338,158
  • Net Assets: $8,245,841

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Programs

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

INCOME ON LOANS

Revenue

$4,010,310

FEES AND CHARGES

Revenue

$1,691,781

FINANCE & INSURANCE

Revenue

$41,214

Organization Details

Founding Year

1947

Principal Officer

Albert E Rose

Main Address

13241 SW 136 ST, MIAMI, FL, 331865822

NTEE Category

Code: W60 - Public benefit

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