Overview
What is Credit Union 1?
Credit Union 1 is a member-focused financial institution located in Anchorage, Alaska. Their mission is to help members achieve their financial goals by prioritizing exceptional service and value. As a nonprofit organization, they cater to eligible individuals, offering a range of services designed to assist members in reaching their financial aspirations.
Official website here: www.cu1.org
What are the reviews and ratings of this charity?
Credit Union 1 is not currently rated by Charity Navigator due to the absence of requisite data from an electronically-filed Form 990. The absence of a rating reflects a lack of evaluation rather than an assessment of the organization's performance. Historically, ratings mainly emphasized Accountability and Finance, but new criteria like Leadership, Adaptability, and Impact & Measurement were not considered.
Charity Navigator states that Credit Union 1 is not a 501(c)(3) organization but operates independently of any national or regional affiliations. Since there's no electronically-filed Form 990 data for the past six years, details on total revenue, expenses, and salaries of key persons are unavailable, hindering comprehensive financial transparency evaluation.
The lack of user reviews on GreatNonprofits means there's no public feedback to offer insight into Credit Union 1's operations or impact from a community perspective. This data gap suggests potential stakeholders rely primarily on direct interactions with the credit union for their assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Credit Union 1 legitimate?
Credit Union 1 is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Union 1 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: $2,081,857
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cu1.org
What is the mission statement of Credit Union 1?
Credit Union 1 is dedicated to assisting its members in accomplishing their financial objectives. By placing a strong emphasis on exceptional service and value, the credit union strives to make a positive impact on its members' financial journeys. Through its various offerings, the credit union aims to help members save, borrow, and manage their money effectively. By focusing on the unique needs of each member, Credit Union 1 builds strong relationships and fosters long-term financial success. With a commitment to putting its members first, the credit union goes above and beyond to ensure that they have the resources and support they need to reach their financial goals.
Official website here: www.cu1.org
Who is the CEO of Credit Union 1?
Unavailable The CEO's salary of Credit Union 1 is $421,156 and their total compensation is $507,443.
Official website here: www.cu1.org
What is the revenue of Credit Union 1?
Credit Union 1's revenue in 2022 was $77,760,445.
Official website here: www.cu1.org
Who are the executives of Credit Union 1 and what are their salaries?
The average compensation at Credit Union 1 during 2022 was $3,973. There are 524 employees and 10 volunteers at Credit Union 1.
Here are 17 key members and their salaries (Credit Union 1's CEO's salary is $421,156 and their total compensation is $507,443):
- 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: $421,156
- Related: $0
- Other: $86,287
- Compensation: $151,207
- Related: $0
- Other: $7,960
- Compensation: $154,991
- Related: $0
- Other: $49,356
- Compensation: $149,439
- Related: $0
- Other: $34,467
- Compensation: $155,151
- Related: $0
- Other: $62,959
- Compensation: $154,912
- Related: $0
- Other: $51,570
- Compensation: $164,295
- Related: $0
- Other: $77,529
- Compensation: $363,026
- Related: $0
- Other: $12,563
- Compensation: $761,922
- Related: $0
- Other: $5,926
- Compensation: $320,371
- Related: $0
- Other: $10,939
Official website here: www.cu1.org
Where can I find the form 990 for Credit Union 1?
Credit Union 1's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cu1.org
Learn more at the official website: www.cu1.org
Mission Statement of Credit Union 1
Credit Union 1, a mission-driven organization, is dedicated to helping its members attain their financial objectives. By focusing on exceptional service and value, this Credit Union sets itself apart.
In pursuit of its mission, Credit Union 1 extends a helping hand to eligible members, striving to make a positive impact on their financial journeys. The Credit Union's commitment to its members goes beyond mere transactions; it's about building lasting relationships and fostering financial growth.
Credit Union 1's unique approach to financial services is rooted in its unwavering dedication to excellent service. The organization prides itself on understanding each member's unique financial situation and tailoring solutions accordingly. This personalized touch sets Credit Union 1 apart in the financial services landscape, enabling it to truly make a difference in the lives of its members.
Moreover, Credit Union 1's unwavering focus on value adds another layer of value for its members. By prioritizing cost-effective solutions, Credit Union 1 empowers its members to achieve their financial goals more efficiently. This commitment to value, combined with its exceptional service, makes Credit Union 1 an indispensable partner for those seeking to improve their financial wellbeing.
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Impact
October, 2024
Credit Union 1 plays a significant role in the financial landscape of Anchorage, Alaska, by empowering its members to reach their financial goals. By prioritizing excellent service and value, the credit union ensures that its members receive personalized support tailored to their unique needs. This commitment fosters a sense of community and trust, making financial services more accessible and effective for individuals and families in the area.
Through a range of financial products and guidance, Credit Union 1 helps members navigate their financial journeys with confidence. Whether it's securing a loan, managing savings, or planning for the future, the credit union’s services are designed to enhance the financial well-being of its members. In this way, Credit Union 1 not only serves its members but also contributes to the broader economic health of the Anchorage community.
This information is meant to be a general summary of Credit Union 1. 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: $6,801,349
- Program Service Revenue: $66,185,154
- Gross Receipts: $80,328,028
Assets and Liabilities:
- Total Assets: $1,475,579,183
- Total Liabilities: $1,328,663,622
- Net Assets: $146,915,561
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST FROM LOANS
Revenue
$44,092,793
SERVICING FEES
Revenue
$21,320,299
ORIGINATION FEES
Revenue
$772,062
Organization Details
Founding Year
1982
Phone
(907) 339-9485Main Address
1941 Abbott Road, Anchorage, AK, 99507
Website
www.cu1.orgNTEE Category
Code: W60 - Public benefit
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