Overview
What is Orlando Credit Union?
Orlando Credit Union, founded over 80 years ago, is a member-driven financial institution located in Orlando, Florida, with a workforce of 121 employees. The credit union's primary source of funding comes from its members' savings and loans, enabling it to offer financial services to its restricted membership. The organization's mission, rooted in the universal credit union creed, emphasizes service rather than profit or charity. As a result, more than 25,000 members continue to trust Orlando Credit Union for their financial needs.
Official website here: www.orlandocreditunion.org
Is Orlando Credit Union legitimate?
Orlando Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Orlando 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: $998,190
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,975,917
For more financial information, click here
Official website here: www.orlandocreditunion.org
What is the mission statement of Orlando Credit Union?
Orlando Credit Union was established based on the Universal Credit Union creed, focusing on service rather than profit or charity. With over 25,000 members relying on them after more than 80 years in operation, the credit union continues to uphold this commitment. Through income generated from membership and investments, Orlando Credit Union is able to provide essential services to its restricted membership. The organization's founding philosophy of service has remained a constant, drawing members to it for their financial needs.
Official website here: www.orlandocreditunion.org
Who is the CEO of Orlando Credit Union?
Suzanne Weinstein is the President/Ceo of Orlando Credit Union. The CEO's salary of Orlando Credit Union is $363,280 and their total compensation is $616,649.
Official website here: www.orlandocreditunion.org
What is the revenue of Orlando Credit Union?
Orlando Credit Union's revenue in 2022 was $13,556,119.
Official website here: www.orlandocreditunion.org
Who are the executives of Orlando Credit Union and what are their salaries?
The average compensation at Orlando Credit Union during 2022 was $49,373. There are 121 employees and 10 volunteers at Orlando Credit Union.
Here are 15 key members and their salaries (Orlando Credit Union's CEO's salary is $363,280 and their total compensation is $616,649):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $363,280
- Related: $0
- Other: $253,369
- Compensation: $198,179
- Related: $0
- Other: $32,018
- Compensation: $130,974
- Related: $0
- Other: $20,370
- Compensation: $206,977
- Related: $0
- Other: $21,061
- Compensation: $168,963
- Related: $0
- Other: $38,233
- Compensation: $149,737
- Related: $0
- Other: $16,028
- Compensation: $135,441
- Related: $0
- Other: $30,660
- Compensation: $138,063
- Related: $0
- Other: $21,912
Official website here: www.orlandocreditunion.org
Where can I find the form 990 for Orlando Credit Union?
Orlando Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.orlandocreditunion.org
Learn more at the official website: www.orlandocreditunion.org
Mission Statement of Orlando Credit Union
Orlando Credit Union, founded over 80 years ago, is a credit union built on the universal creed of service, not for profit or charity. With a membership base of over 25,000 individuals, the credit union continues to thrive and attract new members due to its unwavering commitment to putting the needs of its members first. The foundation of Orlando Credit Union's operations is derived from the income generated from its membership and the investment of their funds.
In essence, Orlando Credit Union exists to serve its members, providing them with essential financial services and fostering a sense of community. The credit union's dedication to its members is evident in its long-lasting presence and the trust it has earned throughout the decades. By prioritizing its members' interests, Orlando Credit Union distinguishes itself as a reliable and effective financial partner for its restricted membership.
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Impact
October, 2024
Orlando Credit Union has a significant impact on its community by prioritizing service over profit. With a membership base exceeding 25,000 individuals, it has fostered a sense of belonging and support for its members for over 80 years. The foundation of its operations lies within the revenue generated from membership and strategic investments, enabling it to offer a range of financial services tailored to meet the needs of its members.
By embodying the universal credit union creed—"not for profit, not for charity, but for service"—Orlando Credit Union effectively promotes financial well-being and community engagement. Its commitment to serving its members translates into responsible lending practices, competitive financial products, and educational resources, all aimed at enhancing the financial literacy and stability of its community. Through this model, Orlando Credit Union not only strengthens individual member finances but also contributes to the broader economic vitality of Orlando, Florida.
This information is meant to be a general summary of Orlando 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $989,117
- Program Service Revenue: $12,567,002
- Gross Receipts: $13,556,119
Assets and Liabilities:
- Total Assets: $320,134,745
- Total Liabilities: $304,831,351
- Net Assets: $15,303,394
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INCOME
Revenue
$9,759,684
OTHER INCOME
Revenue
$1,702,003
FEES AND CHARGES
Revenue
$983,383
FINANCE AND INSURANCE
Revenue
$121,932
Organization Details
Founding Year
1936
Phone
(407) 835-3500Principal Officer
Suzanne Weinstein
Main Address
945 S ORANGE AVE, ORLANDO, FL, 32806
Website
www.orlandocreditunion.orgNTEE Category
Code: W60 - Public benefit
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