Overview
What is New York Credit Union Association Inc?
New York Credit Union Association Inc, headquartered in Albany, New York, is a nonprofit organization dedicated to supporting and empowering credit unions across the state. They achieve this through various programs and activities. Their membership services include educational sessions for credit union management, employees, and volunteers, as well as community events to promote credit union awareness and membership. Additionally, they hold annual meetings for Chapter elections and provide speakers on relevant issues for members to discuss. The 13 Chapters of New York Credit Union Association, Inc. are integral to their operations. These Chapters generate funds through dinner meetings, seminars, events, and an annual allocation. These funds are then utilized for educational purposes, consumer awareness, advocacy, scholarships, charitable causes, and community services. In essence, New York Credit Union Association Inc serves as a unifying force for credit unions in New York, fostering growth and development through its Chapters.
Official website here: www.nycua.org
Is New York Credit Union Association Inc legitimate?
New York Credit Union Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. New York Credit Union Association Inc 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.
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For more financial information, click here
Official website here: www.nycua.org
What is the mission statement of New York Credit Union Association Inc?
The New York Credit Union Association Inc. operates through its 13 chapters, which are instrumental in raising funds for various initiatives. These funds are primarily sourced from events, meetings, and an annual allocation from the Association's dues. The Association utilizes these funds to support a wide range of activities, including scholarships, seminars, community services, and charitable causes. The mission of the New York Credit Union Association Inc. aligns with the credit union philosophy of 'People Helping People,' embodying the spirit of giving back to the community. The Association also invests in education and advocacy, aiming to raise awareness about credit unions and their benefits.
Official website here: www.nycua.org
Who is the CEO of New York Credit Union Association Inc?
Edward Kovalefsky is the Adirondack Chapter President of New York Credit Union Association Inc.
Official website here: www.nycua.org
What is the revenue of New York Credit Union Association Inc?
New York Credit Union Association Inc's revenue in 2022 was $169,265.
Official website here: www.nycua.org
Who are the executives of New York Credit Union Association Inc and what are their salaries?
There 26 volunteers at New York Credit Union Association Inc.
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Official website here: www.nycua.org
Where can I find the form 990 for New York Credit Union Association Inc?
New York Credit Union Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nycua.org
Learn more at the official website: www.nycua.org
Mission Statement of New York Credit Union Association Inc
New York Credit Union Association Inc, through its 13 chapters, embodies the grassroots spirit of New York's credit unions. Leveraging funds raised from events, seminars, and annual allocations, the association dedicates its resources to various initiatives. These include scholarships, educational programs, community services, and charitable causes, all in line with the credit union philosophy of 'People Helping People.' The association's mission is multifaceted, encompassing not just financial aid but also community engagement and advocacy. The chapters serve as a platform for fostering dialogue, providing resources, and supporting the broader community, embodying the Association's commitment to making a positive impact in the lives of New Yorkers.
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Impact
October, 2024
The New York Credit Union Association Inc significantly enhances the landscape of credit unions across the state through its grassroots approach, exemplified by its 13 chapters. These chapters are pivotal in fostering community engagement and strengthening the connection between credit unions and their members. By organizing events such as dinner meetings, seminars, and workshops, the Association not only educates credit union staff and volunteers but also promotes awareness and membership within the community.
The revenue generated from these activities supports a variety of initiatives that align with the credit union philosophy of 'People Helping People.' This includes providing valuable scholarships, facilitating professional education for management and employees, and conducting consumer financial education programs. Furthermore, the Association's efforts in advocacy and community service cultivate a robust support network for both credit unions and consumers, ensuring their voices are heard in regulatory discussions.
Through these multifaceted programs and services, the New York Credit Union Association Inc plays a critical role in empowering credit unions to serve their communities effectively, ultimately fostering greater financial literacy and well-being among consumers throughout the state.
This information is meant to be a general summary of New York Credit Union Association Inc. 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: $595
- Program Service Revenue: $123,670
- Gross Receipts: $169,265
Assets and Liabilities:
- Total Assets: $362,513
- Total Liabilities: $0
- Net Assets: $362,513
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Chapter Programs - Education & Networking
Revenue
$46,214
Net Proceeds of Events Supporting Communities
Revenue
$77,456
Organization Details
Founding Year
1917
Phone
(800) 342-9835Principal Officer
Edward Kovalefsky
Main Address
PO Box 15118, Albany, NY, 122125118
Website
www.nycua.orgNTEE Category
Code: W03 - Public benefit
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