Electricians Local 349 Credit Union

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

EIN: 590747965 ✦ Miami, FL ✦ Designated as a 501(c)(14)

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Overview

What is Electricians Local 349 Credit Union?

Electricians Local 349 Credit Union is a nonprofit organization situated in Miami, Florida. Specifically located at 1657 NW 17 Avenue, this entity is dedicated to offering financial services exclusively to its credit union members. The credit union offers a range of personal financial services, including competitive rates on loans and investments, as well as various other products and benefits. With a small workforce of just three individuals, Electricians Local 349 Credit Union serves its members by providing them with financial assistance and tools to manage their finances effectively.


Official website here: www.local349cu.org

Is Electricians Local 349 Credit Union legitimate?

Electricians Local 349 Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Electricians Local 349 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: $33,198
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,526

For more financial information, click here


Official website here: www.local349cu.org

What is the mission statement of Electricians Local 349 Credit Union?

The Electricians Local 349 Credit Union is dedicated to delivering a range of financial services exclusively to its members. Their mission encompasses offering competitive rates on loans and investments, alongside various other financial products and services. The credit union aims to cater to the financial needs of its members, ensuring they have access to reliable and beneficial financial solutions.


Official website here: www.local349cu.org

Who is the CEO of Electricians Local 349 Credit Union?

Angela Wright is the Ceo Treasurer of Electricians Local 349 Credit Union. The CEO's salary of Electricians Local 349 Credit Union is $33,198 and their total compensation is $33,198.


Official website here: www.local349cu.org

What is the revenue of Electricians Local 349 Credit Union?

Electricians Local 349 Credit Union's revenue in 2022 was $141,884.


Official website here: www.local349cu.org

Who are the executives of Electricians Local 349 Credit Union and what are their salaries?

The average compensation at Electricians Local 349 Credit Union during 2022 was $20,241. There are 3 employees and 7 volunteers at Electricians Local 349 Credit Union.


Here are 5 key members and their salaries (Electricians Local 349 Credit Union's CEO's salary is $33,198 and their total compensation is $33,198):


Angela L Wright (Ceo Treasurer)
  • Compensation: $33,198
  • Related: $0
  • Other: $0
Kenneth Albury (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jovita Morrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Sweeney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Slattery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.local349cu.org

Where can I find the form 990 for Electricians Local 349 Credit Union?

Electricians Local 349 Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.local349cu.org

Learn more at the official website: www.local349cu.org

Mission Statement of Electricians Local 349 Credit Union

Electricians Local 349 Credit Union is dedicated to delivering financial services exclusively to its members. Its mission encompasses a wide array of personal financial offerings, setting it apart by providing competitive rates on loans and investments, along with various other products and services. This nonprofit organization is committed to serving its members effectively, ensuring they have access to financial tools that cater to their unique needs. By offering these comprehensive services, Electricians Local 349 Credit Union empowers its members to manage their finances efficiently and make sound financial decisions.

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Impact




October, 2024

Electricians Local 349 Credit Union has a significant impact by offering tailored financial services to its members in Miami, FL. The credit union provides a wide range of personal financial products, ensuring that members have access to competitive rates on loans and investments. This focus on serving its member community enables individuals to achieve their financial goals, whether it be purchasing a home, financing education, or saving for retirement.

By prioritizing the needs of its members, Electricians Local 349 Credit Union fosters financial literacy and empowerment, helping members make informed decisions about their finances. Additionally, the credit union contributes to the local economy by keeping funds within the community, promoting a cycle of financial growth and stability.

Through its various programs and services, the credit union enhances the overall financial well-being of its members, reinforcing the importance of community support and cooperation in achieving personal financial success.




This information is meant to be a general summary of Electricians Local 349 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
$141,884 (2022)
Expenses
$133,600 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $39,164
  • Program Service Revenue: $99,820
  • Gross Receipts: $141,884

Assets and Liabilities:

  • Total Assets: $5,300,530
  • Total Liabilities: $4,535,711
  • Net Assets: $764,819

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Programs

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

LOAN INCOME

Revenue

$74,169

FEE INCOME

Revenue

$23,082

Organization Details

Founding Year

1947

Principal Officer

Angela Wright

Main Address

1657 NW 17 AVE, MIAMI, FL, 33125

NTEE Category

Code: W03 - Public benefit

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