Overview
What is Riverfall Credit Union?
Riverfall Credit Union is a nonprofit organization serving 13,410 members in Tuscaloosa, Alabama (PO Box 1756). Their primary mission is to offer thrift opportunities and affordable loans to their members. With a team of 48 employees, they strive to promote financial well-being within their community. The credit union's activities are focused on providing its members with cost-effective financial solutions.
Official website here: www.riverfallcu.com
Is Riverfall Credit Union legitimate?
Riverfall Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Riverfall 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: $310,648
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,116,323
For more financial information, click here
Official website here: www.riverfallcu.com
What is the mission statement of Riverfall Credit Union?
Riverfall Credit Union's mission is centered around providing thrift opportunities and offering affordable loans to its members. By doing so, the credit union aims to serve its 13,410 members effectively. This mission is carried out with the objective of promoting financial well-being within its member community. The credit union's activities are geared towards making financial services more accessible and affordable, thereby empowering its members to manage their finances more efficiently.
Official website here: www.riverfallcu.com
Who is the CEO of Riverfall Credit Union?
Scott Ryan is the Chairman of Riverfall Credit Union. The CEO's salary of Riverfall Credit Union is $132,832 and their total compensation is $136,823.
Official website here: www.riverfallcu.com
What is the revenue of Riverfall Credit Union?
Riverfall Credit Union's revenue in 2022 was $6,975,921.
Official website here: www.riverfallcu.com
Who are the executives of Riverfall Credit Union and what are their salaries?
The average compensation at Riverfall Credit Union during 2022 was $29,729. There are 48 employees and 10 volunteers at Riverfall Credit Union.
Here are 10 key members and their salaries (Riverfall Credit Union's CEO's salary is $132,832 and their total compensation is $136,823):
- 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: $132,832
- Related: $0
- Other: $3,991
- Compensation: $85,804
- Related: $0
- Other: $7,780
- Compensation: $73,037
- Related: $0
- Other: $7,204
Official website here: www.riverfallcu.com
Where can I find the form 990 for Riverfall Credit Union?
Riverfall Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.riverfallcu.com
Learn more at the official website: www.riverfallcu.com
Mission Statement of Riverfall Credit Union
Riverfall Credit Union is dedicated to providing thrift opportunities and offering its members affordable loans. This mission is at the heart of the credit union's operations, aiming to serve its 13,410 members effectively. By promoting thrift opportunities, Riverfall Credit Union encourages its members to save and make financially wise decisions, while the provision of low-cost loans ensures that its members have access to credit when they need it. This dual focus on savings and accessible credit is a key part of Riverfall Credit Union's mission, aiming to support its members in managing their finances responsibly.
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Impact
October, 2024
Riverfall Credit Union plays a significant role in enhancing the financial well-being of its community in Tuscaloosa, Alabama. By serving 13,410 members, it promotes thrift opportunities and offers low-cost loans, empowering individuals and families to manage their finances effectively. This initiative helps members save money and access affordable credit, fostering economic stability and growth within the community. With a mission focused on providing accessible financial services, Riverfall Credit Union is dedicated to improving members' financial literacy and supporting their personal financial goals. Their efforts contribute to a more resilient and financially informed community.
This information is meant to be a general summary of Riverfall 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: $746,267
- Program Service Revenue: $4,135,129
- Gross Receipts: $7,765,163
Assets and Liabilities:
- Total Assets: $159,794,835
- Total Liabilities: $147,175,213
- Net Assets: $12,619,622
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$4,135,129
Organization Details
Founding Year
1953
Phone
(205) 759-1505Principal Officer
Scott Ryan
Main Address
PO BOX 1756, TUSCALOOSA, AL, 354031756
Website
www.riverfallcu.comNTEE Category
Code: W60 - Public benefit
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