State Chartered Credit Unions In Florida Alliance Credit Union Of Florida

Alliance Credit Union Of Florida

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

EIN: 596134207 ✦ Gainesville, FL ✦ Designated as a 501(c)(14)

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Overview

What is State Chartered Credit Unions In Florida Alliance Credit Union Of Florida?

Alliance Credit Union of Florida, a state-chartered credit union based in Gainesville, Florida, is dedicated to serving its members' financial needs. With a team of 20 individuals, the credit union offers various savings and loan options, such as checking accounts, certificates of deposit, and retirement accounts. Their mission, "People helping people to master their financial situations, one solution at a time," encapsulates their commitment to assisting members in managing their finances effectively. The credit union operates under the name Alliance Credit Union of Florida, and their location is 412 E University Ave, Gainesville, FL 32601.


Official website here: www.alliancecufl.org

What do the Facebook reviews say about State Chartered Credit Unions In Florida Alliance Credit Union Of Florida?

86% of 15 reviewers on Facebook recommend the Alliance Credit Union of Florida. Here is a summary of their reviews:

Many customers express satisfaction with their banking experience, highlighting the outstanding customer service as a major positive aspect. Members appreciate the supportive and helpful nature of the staff, which contributes to a welcoming and trustworthy environment.

Overall, the sentiment towards this credit union is largely positive, with users feeling that their needs are met effectively and that they receive personalized attention. This strong support indicates that Alliance Credit Union of Florida has effectively built a loyal customer base.


This AI summary has been generated from reviews found on Facebook.

Is State Chartered Credit Unions In Florida Alliance Credit Union Of Florida legitimate?

State Chartered Credit Unions In Florida Alliance Credit Union Of Florida is a legitimate nonprofit organization registered as a 501(c)(14) entity. State Chartered Credit Unions In Florida Alliance Credit Union Of Florida 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: $296,274
Professional Fundraising Fees: $0
Other Salaries and Wages: $788,704

For more financial information, click here


Official website here: www.alliancecufl.org

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

The mission of State Chartered Credit Unions In Florida Alliance Credit Union Of Florida can be summarized as assisting individuals in managing their financial situations effectively. They aim to achieve this by providing a variety of savings and loan solutions to their members. The credit union is committed to helping its members master their financial situations, one solution at a time. They offer services such as checking accounts, savings accounts, certificates of deposit, and retirement accounts. Furthermore, the credit union extends loans to its members, demonstrating their dedication to serving their financial needs.


Official website here: www.alliancecufl.org

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

Timothy J Cannon is the Treasuter/Director of State Chartered Credit Unions In Florida Alliance Credit Union Of Florida. The CEO's salary of State Chartered Credit Unions In Florida Alliance Credit Union Of Florida is $181,616 and their total compensation is $217,222.


Official website here: www.alliancecufl.org

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

State Chartered Credit Unions In Florida Alliance Credit Union Of Florida's revenue in 2022 was $3,591,719.


Official website here: www.alliancecufl.org

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

The average compensation at State Chartered Credit Unions In Florida Alliance Credit Union Of Florida during 2022 was $54,249. There are 20 employees and 7 volunteers at State Chartered Credit Unions In Florida Alliance Credit Union Of Florida.


Here are 10 key members and their salaries (State Chartered Credit Unions In Florida Alliance Credit Union Of Florida's CEO's salary is $181,616 and their total compensation is $217,222):


William Shepherd (Treasuter/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie Washington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan R Morrow (Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwendolyn B Dawson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alisha Curtis (V. Chairperson/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph W Hilliard (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Cannon (Ceo)
  • Compensation: $181,616
  • Related: $0
  • Other: $35,606
Andrew St Croix (Cfo)
  • Compensation: $75,230
  • Related: $0
  • Other: $3,822
David Carnall (Vp Operations)
  • Compensation: $119,301
  • Related: $0
  • Other: $9,735


Official website here: www.alliancecufl.org

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

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


Official website here: www.alliancecufl.org

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

Mission Statement of State Chartered Credit Unions In Florida Alliance Credit Union Of Florida

Alliance Credit Union of Florida, as a state-chartered credit union, is committed to assisting its members in managing their financial situations effectively. Their mission, articulated as "People Helping People to Master Their Financial Situations, One Solution at a Time," underscores their dedication to providing tailored financial solutions to their members. This mission encapsulates the credit union's belief in collective support and mutual aid, where each member helps another to navigate financial complexities.

The credit union's operations are centered around offering a variety of savings, checking, and loan services. These services are designed to cater to the diverse financial needs of its members, from short-term savings to long-term retirement planning. By extending loans to its members, Alliance Credit Union of Florida further extends its mission of financial assistance, allowing members to access funds for various purposes, such as purchasing a home or vehicle, or covering unexpected expenses. In essence, the credit union serves as a financial ally, providing the necessary tools and resources for its members to manage their finances effectively.

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Impact




October, 2024

State Chartered Credit Unions in Florida Alliance Credit Union of Florida plays a pivotal role in supporting the financial health of its members through a variety of services. Located in Gainesville, FL, the credit union is dedicated to addressing the savings and loan needs of its members. By offering diverse financial products, including savings accounts, checking accounts, certificates of deposit, and retirement accounts, the credit union empowers individuals to make informed financial decisions and improve their financial situations.

Moreover, the credit union's lending services provide essential support for members seeking personal loans, facilitating access to funds for various needs such as education, home improvements, or emergency expenses. This commitment to "people helping people" fosters a strong sense of community and creates a sustainable environment where members can master their financial challenges one solution at a time.

Through its member-centric approach, Alliance Credit Union of Florida contributes to enhancing the economic stability and growth of the local community, enabling individuals to reach their financial goals and improve their overall quality of life.




This information is meant to be a general summary of State Chartered Credit Unions In Florida Alliance Credit Union Of Florida. 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
$3,591,719 (2022)
Expenses
$3,487,161 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $240,972
  • Program Service Revenue: $3,350,747
  • Gross Receipts: $3,591,719

Assets and Liabilities:

  • Total Assets: $65,910,131
  • Total Liabilities: $63,589,969
  • Net Assets: $2,320,162

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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

$2,431,537

FEES/CHARGES/MISC INCO

Revenue

$889,205

FINANCE AND INSURANCE

Revenue

$30,005

Organization Details

Founding Year

1944

Principal Officer

Timothy J Cannon

Main Address

412 E UNIVERSITY AVE, GAINESVILLE, FL, 32601

NTEE Category

Code: W60 - Public benefit

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