State Chartered Credit Unions In Florida Ocala Community Credit Union

Ocala Community Credit Union

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

EIN: 591206460 ✦ Ocala, FL ✦ Designated as a 501(c)(14)

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Overview

What is State Chartered Credit Unions In Florida Ocala Community Credit Union?

State Chartered Credit Unions in Florida, specifically Ocala Community Credit Union, is a member-exclusive financial institution situated in Ocala, Florida. This credit union stands out with its competitive loan and investment rates, along with a variety of additional services. Its primary mission is to cater exclusively to its members, offering them credit union benefits. The institution is dedicated to providing financial assistance and support to its members, ensuring they have access to essential financial resources.


Official website here: www.ocalacommunitycu.com

Is State Chartered Credit Unions In Florida Ocala Community Credit Union legitimate?

State Chartered Credit Unions In Florida Ocala Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. State Chartered Credit Unions In Florida Ocala Community 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: $98,446
Professional Fundraising Fees: $0
Other Salaries and Wages: $352,446

For more financial information, click here


Official website here: www.ocalacommunitycu.com

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

The mission of State Chartered Credit Unions In Florida, specifically the Ocala Community Credit Union, is centered around providing credit union services exclusively to its members. This is accomplished by offering competitive rates on loans and investments, as well as a variety of other services. The primary focus of the credit union is to serve its members effectively, ensuring they have access to financial solutions tailored to their needs. By doing so, the credit union aims to establish a strong and loyal member base, fostering a sense of community within its operations.


Official website here: www.ocalacommunitycu.com

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

Steven Nazaruk is the Ceo of State Chartered Credit Unions In Florida Ocala Community Credit Union. The CEO's salary of State Chartered Credit Unions In Florida Ocala Community Credit Union is $98,446 and their total compensation is $98,446.


Official website here: www.ocalacommunitycu.com

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

State Chartered Credit Unions In Florida Ocala Community Credit Union's revenue in 2022 was $1,483,144.


Official website here: www.ocalacommunitycu.com

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

The average compensation at State Chartered Credit Unions In Florida Ocala Community Credit Union during 2022 was $37,574. There are 12 employees and 8 volunteers at State Chartered Credit Unions In Florida Ocala Community Credit Union.


Here are 6 key members and their salaries (State Chartered Credit Unions In Florida Ocala Community Credit Union's CEO's salary is $98,446 and their total compensation is $98,446):


Steven Nazaruk (Ceo)
  • Compensation: $98,446
  • Related: $0
  • Other: $0
Lyn Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Poole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Switt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Gutierrez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ocalacommunitycu.com

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

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


Official website here: www.ocalacommunitycu.com

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

Mission Statement of State Chartered Credit Unions In Florida Ocala Community Credit Union

State Chartered Credit Unions In Florida Ocala Community Credit Union is dedicated to serving its members exclusively, offering them a range of financial services. The mission of this credit union is to provide competitive rates on loans and investments, as well as other beneficial services. By operating on a member-centric basis, the credit union aims to cater to the financial needs of its members in an effective manner. This nonprofit organization is committed to delivering credit union services that are exclusive to its members, ensuring they receive the best possible financial solutions.

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Impact




October, 2024

State Chartered Credit Unions in Florida, specifically Ocala Community Credit Union, significantly contributes to the local community by offering a range of financial services tailored to its members. By focusing exclusively on credit union members, it ensures that individuals and families have access to competitive rates on loans and investment opportunities. This access helps empower members financially, enabling them to make informed decisions about borrowing and saving.

The credit union's commitment to providing high-quality financial products fosters economic stability within Ocala. Individuals can secure loans for important life events, such as purchasing homes, financing education, or investing in small businesses, which can stimulate local economic growth. Moreover, by emphasizing transparency and member-focused service, the credit union builds trust and strengthens community ties.

The mission of offering these specialized services enhances the overall financial literacy of members, frequently equipping them with tools and knowledge needed to manage their finances effectively. This promotes long-term financial health within the community and supports a culture of saving and responsible credit use.

In summary, Ocala Community Credit Union plays a crucial role in facilitating financial inclusion, supporting economic development, and enhancing the financial well-being of its members.




This information is meant to be a general summary of State Chartered Credit Unions In Florida Ocala Community 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
$1,483,144 (2022)
Expenses
$1,387,643 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $359,397
  • Program Service Revenue: $1,123,747
  • Gross Receipts: $1,483,144

Assets and Liabilities:

  • Total Assets: $49,310,584
  • Total Liabilities: $44,935,848
  • Net Assets: $4,374,736

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Programs

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

LOAN INCOME

Revenue

$848,781

FEE INCOME

Revenue

$128,697

INSURANCE RELATED

Revenue

$6,456

CARD RELATED

Revenue

$125,974

Organization Details

Founding Year

1953

Principal Officer

Steven Nazaruk

Main Address

2675 SE 36TH AVE, OCALA, FL, 34471

NTEE Category

Code: W60 - Public benefit

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