Overview
What is State Chartered Credit Unions In Florida Connect Credit Union?
State Chartered Credit Unions In Florida, specifically Connect Credit Union, is a nonprofit organization located in Fort Lauderdale, Florida. With a commitment to its members, the credit union offers a range of financial services, including competitive rates on loans and investments. They boast a team of 28 dedicated employees, working diligently to ensure their members have access to various financial products and services. Although not specified in the provided information, it's assumed that these services extend beyond basic banking, aiming to meet the financial needs of their members effectively.
Official website here: www.connectcu.org
Is State Chartered Credit Unions In Florida Connect Credit Union legitimate?
State Chartered Credit Unions In Florida Connect Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. State Chartered Credit Unions In Florida Connect 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: $703,991
Professional Fundraising Fees: $0
Other Salaries and Wages: $876,263
For more financial information, click here
Official website here: www.connectcu.org
What is the mission statement of State Chartered Credit Unions In Florida Connect Credit Union?
State Chartered Credit Unions In Florida Connect Credit Union's mission is centered around providing competitive rates on loans and investments to its members. The credit union's activities encompass a wide range of personal financial services, ensuring its members benefit from favorable loan and investment options, along with various other products and services. The organization operates with a member-centric approach, prioritizing the financial well-being of its members.
Official website here: www.connectcu.org
Who is the CEO of State Chartered Credit Unions In Florida Connect Credit Union?
Scott Meyer is the CEO of State Chartered Credit Unions In Florida Connect Credit Union The CEO's salary of State Chartered Credit Unions In Florida Connect Credit Union is $328,173 and their total compensation is $328,173.
Official website here: www.connectcu.org
What is the revenue of State Chartered Credit Unions In Florida Connect Credit Union?
State Chartered Credit Unions In Florida Connect Credit Union's revenue in 2024 was $6,004,983.
Official website here: www.connectcu.org
Who are the executives of State Chartered Credit Unions In Florida Connect Credit Union and what are their salaries?
The average compensation at State Chartered Credit Unions In Florida Connect Credit Union during 2024 was $65,844. There are 24 employees and 14 volunteers at State Chartered Credit Unions In Florida Connect Credit Union.
Here are 12 key members and their salaries (State Chartered Credit Unions In Florida Connect Credit Union's CEO's salary is $328,173 and their total compensation is $328,173):
- Compensation: $328,173
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $211,482
- Related: $0
- Other: $0
- Compensation: $164,336
- Related: $0
- Other: $0
Official website here: www.connectcu.org
Where can I find the form 990 for State Chartered Credit Unions In Florida Connect Credit Union?
State Chartered Credit Unions In Florida Connect Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.connectcu.org
Learn more at the official website: www.connectcu.org
Mission Statement of State Chartered Credit Unions In Florida Connect Credit Union
State Chartered Credit Unions In Florida Connect Credit Union, as a credit union, is committed to providing its members with competitive rates on loans and investments. This mission is encapsulated in their programs, which offer a diverse range of personal financial services. They stand out by offering competitive interest rates on both loans and investments, along with various other financial products and services. By doing so, they aim to cater to the financial needs of their members effectively.
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Impact
October, 2024
State Chartered Credit Unions in Florida Connect Credit Union plays a significant role in the financial well-being of its members in Fort Lauderdale and beyond. By offering competitive rates on loans and investments, this credit union ensures that its members have access to affordable financial products, which can help them achieve their personal financial goals.
The organization provides a wide variety of personal financial services exclusively tailored for its members, allowing individuals to cultivate their savings while minimizing borrowing costs. This commitment to competitive pricing not only benefits individual members but also contributes to the overall economic health of the community. By encouraging responsible borrowing and investing, the credit union fosters financial literacy and empowers its members to make informed decisions about their finances.
Additionally, as a community-centric institution, State Chartered Credit Unions in Florida Connect Credit Union promotes a culture of cooperation, helping to build strong financial foundations within the local populace. Its efforts enhance public benefit and support the financial stability of the community, proving vital in a rapidly changing economic landscape.
This information is meant to be a general summary of State Chartered Credit Unions In Florida Connect 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 2024.
- Investment Income: $698,092
- Program Service Revenue: $5,020,704
- Gross Receipts: $6,041,970
Assets and Liabilities:
- Total Assets: $98,275,599
- Total Liabilities: $89,056,424
- Net Assets: $9,219,175
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INCOME
Revenue
$4,167,066
FEE INCOME
Revenue
$613,891
INSURANCE INCOME
Revenue
$89,756
CREDIT CARD INCOME
Revenue
$100,021
Program 5
Revenue
$0
Organization Details
Founding Year
1962
Principal Officer
Scott Meyer
Website
www.connectcu.orgNTEE Category
Code: W60 - Public benefit
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