Overview
What is Del Norte Credit Union?
Del Norte Credit Union, based in Los Alamos, New Mexico, serves as a cooperative association aimed at enhancing the financial well-being of its members. With a mission to promote thrift and provide a credit source, this nonprofit credit union offers various services including draft and share accounts, consumer loans, share certificates, and other exemption function activities. Established with the goal of improving lives, Del Norte Credit Union employs a team of 281 individuals dedicated to helping their members manage their finances effectively.
Official website here: www.dncu.com
What are the reviews and ratings of this charity?
Del Norte Credit Union is not currently rated by Charity Navigator. This lack of rating is due to its status as an entity that is not a 501(c)(3) registered nonprofit, which limits Charity Navigator's ability to evaluate it under current methodologies, including Accountability & Finance, and other areas like Impact & Measurement.
The absence of a rating does not imply a particular positive or negative standing. Charity Navigator ratings are determined by evaluation using forms like the IRS Form 990, which Del Norte Credit Union does not file due to its non-501(c)(3) status. As such, financial and organizational details typical for 501(c)(3) evaluations are not available.
Currently, there are no user reviews available on GreatNonprofits for Del Norte Credit Union.
This AI summary has been generated from information found on Charity Navigator.
Is Del Norte Credit Union legitimate?
Del Norte Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Del Norte 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: $2,857,383
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,370,993
For more financial information, click here
Official website here: www.dncu.com
What is the mission statement of Del Norte Credit Union?
Del Norte Credit Union serves as a cooperative association, dedicated to improving lives by encouraging savings and providing credit to its members. Its mission is geared towards enhancing the financial well-being of individuals within the community. By offering draft and share accounts, consumer loans, share certificates, and various other exempt function activities, the credit union aims to create a sustainable source of credit and foster good financial habits among its members.
Official website here: www.dncu.com
Who is the CEO of Del Norte Credit Union?
Charles Chuck Valenti is the Board Member/Chair of Del Norte Credit Union. The CEO's salary of Del Norte Credit Union is $343,109 and their total compensation is $387,762.
Official website here: www.dncu.com
What is the revenue of Del Norte Credit Union?
Del Norte Credit Union's revenue in 2022 was $45,843,178.
Official website here: www.dncu.com
Who are the executives of Del Norte Credit Union and what are their salaries?
The average compensation at Del Norte Credit Union during 2022 was $47,076. There are 281 employees and 15 volunteers at Del Norte Credit Union.
Here are 26 key members and their salaries (Del Norte Credit Union's CEO's salary is $343,109 and their total compensation is $387,762):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $343,109
- Related: $0
- Other: $44,653
- Compensation: $258,276
- Related: $0
- Other: $46,571
- Compensation: $179,336
- Related: $0
- Other: $26,800
- Compensation: $171,487
- Related: $0
- Other: $38,078
- Compensation: $185,376
- Related: $0
- Other: $52,857
- Compensation: $182,803
- Related: $0
- Other: $49,578
- Compensation: $194,438
- Related: $0
- Other: $43,413
- Compensation: $194,945
- Related: $0
- Other: $39,563
- Compensation: $171,381
- Related: $0
- Other: $46,787
- Compensation: $175,820
- Related: $0
- Other: $38,554
- Compensation: $142,275
- Related: $0
- Other: $22,580
- Compensation: $162,690
- Related: $0
- Other: $46,012
- Compensation: $137,343
- Related: $0
- Other: $37,103
- Compensation: $132,793
- Related: $0
- Other: $27,806
- Compensation: $129,152
- Related: $0
- Other: $23,921
- Compensation: $118,234
- Related: $0
- Other: $32,809
- Compensation: $117,665
- Related: $0
- Other: $23,048
Official website here: www.dncu.com
Where can I find the form 990 for Del Norte Credit Union?
Del Norte Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dncu.com
Learn more at the official website: www.dncu.com
Mission Statement of Del Norte Credit Union
Del Norte Credit Union, or DNCU, is a cooperative association dedicated to enhancing lives in unique ways. Its mission lies in the promotion of thrift among its members and the creation of a reliable credit source. By doing so, DNCU sets out to make a difference in the lives of its members.
Through its cooperative structure, DNCU offers various financial services designed to cater to the needs of its members. These services include draft and share accounts, consumer loans, share certificates, and other activities that fall under the Exempt Function category. By providing these financial solutions, DNCU empowers its members to improve their financial situations and build a stronger financial future.
In essence, DNCU serves as a valuable resource for its members, offering them access to financial tools that enable them to save, borrow, and manage their money effectively. This, in turn, contributes to the overall improvement of their lives, aligning with the credit union's mission to make a positive impact.
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Impact
October, 2024
Del Norte Credit Union (DNCU) has a significant impact on the community by fostering financial stability and encouraging savings among its members. By offering a range of financial services, including draft and share accounts, consumer loans, and share certificates, DNCU promotes thrift and empowers individuals to achieve their financial goals.
Located in Los Alamos, New Mexico, DNCU focuses on creating a reliable source of credit, which helps members access the funds they need for various life events, from education and home purchases to emergency expenses. This cooperative approach not only supports individual financial well-being but also strengthens the local economy by ensuring that resources circulate within the community.
Through its commitment to enhancing the lives of its members, Del Norte Credit Union serves as a cornerstone of financial support, driving positive change and promoting self-sufficiency within the community.
This information is meant to be a general summary of Del Norte 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: $6,700
- Program Service Revenue: $45,836,478
- Gross Receipts: $45,843,178
Assets and Liabilities:
- Total Assets: $1,030,042,670
- Total Liabilities: $925,615,468
- Net Assets: $104,427,202
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$45,625,060
INVESTMENT SERVICES
Revenue
$211,418
Organization Details
Founding Year
1954
Phone
(505) 455-5445Principal Officer
Charles Chuck Valenti
Main Address
PO BOX 1180, LOS ALAMOS, NM, 87544
Website
www.dncu.comNTEE Category
Code: W60 - Public benefit
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