United Local Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 941518911 ✦ Fresno, CA ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is United Local Credit Union?

United Local Credit Union, situated in Fresno, California, serves as a financial institution for its members. With a significant member base of 8,922 as of December 31, 2022, and total assets of over $107 million, it offers a variety of deposit services such as checking, savings, certificates of deposits, IRA accounts, courtesy pay, and trust accounts. The credit union's mission is to enhance the lives of its hard-working members through an outstanding financial services relationship, providing credit union services to its members as its core activity. With a team of 33 dedicated employees, United Local Credit Union continues to serve its members effectively.


Official website here: www.unitedlocal.org

Is United Local Credit Union legitimate?

United Local Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. United Local 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: $462,660
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,001,564

For more financial information, click here


Official website here: www.unitedlocal.org

What is the mission statement of United Local Credit Union?

United Local Credit Union's mission is centered around improving the lives of its members. This is achieved through establishing strong financial relationships with each member. The credit union's mission statement, in essence, is to serve its hardworking members effectively by providing exceptional financial services. United Local Credit Union offers various deposit services, such as checking and savings accounts, certificates of deposits, Individual Retirement Accounts (IRAs), courtesy pay, and trust accounts, among others. As of December 31, 2022, the credit union had a membership of 8,922 members and a total dollar amount of shares of $107,534,024.


Official website here: www.unitedlocal.org

Who is the CEO of United Local Credit Union?

Angelina Maldonado is the Chair of United Local Credit Union. The CEO's salary of United Local Credit Union is $339,468 and their total compensation is $353,924.


Official website here: www.unitedlocal.org

What is the revenue of United Local Credit Union?

United Local Credit Union's revenue in 2022 was $5,673,257.


Official website here: www.unitedlocal.org

Who are the executives of United Local Credit Union and what are their salaries?

The average compensation at United Local Credit Union during 2022 was $44,370. There are 33 employees and 5 volunteers at United Local Credit Union.


Here are 7 key members and their salaries (United Local Credit Union's CEO's salary is $339,468 and their total compensation is $353,924):


Jim Hazelrigg (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Anderson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Benelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Nielsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lars Oakander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angelina Maldonado (President/Ceo)
  • Compensation: $339,468
  • Related: $0
  • Other: $14,456
Sherwood Brown (Controller)
  • Compensation: $94,280
  • Related: $0
  • Other: $14,456


Official website here: www.unitedlocal.org

Where can I find the form 990 for United Local Credit Union?

United Local Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.unitedlocal.org

Learn more at the official website: www.unitedlocal.org

Mission Statement of United Local Credit Union

United Local Credit Union, in its mission, aims to enhance the lives of its diligent members by fostering strong financial relationships. This nonprofit organization strives to achieve this goal through the provision of exceptional credit union services. With a focus on deposit services, United Local Credit Union offers a variety of options to its members, including checking accounts, savings, certificates of deposits, individual retirement accounts (IRAs), and trust accounts. The total number of members served by the credit union as of December 31, 2022, was 8,922, with a total share amount of $107,534,024 at year-end. This data underscores the credit union's commitment to its members and their financial well-being.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

United Local Credit Union significantly enhances the financial well-being of its members in Fresno, California, by offering a range of essential banking services. With a membership base of 8,922 individuals, it provides various deposit options including checking and savings accounts, certificates of deposits, IRA accounts, courtesy pay, and trust accounts. As of December 31, 2022, the total share value reached $107,534,024, which reflects the trust and value members place in the credit union.

The mission of United Local Credit Union centers on improving the lives of its hardworking members through valuable financial services. By fostering strong financial relationships, it empowers members to achieve their financial goals and navigate their economic landscape more effectively. This commitment to serving the community not only supports individual members but also contributes to the broader economic health of the Fresno area, reinforcing the credit union’s role as a vital public benefit institution.




This information is meant to be a general summary of United Local 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.

Revenue
$5,673,257 (2022)
Expenses
$4,860,069 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $618,567
  • Program Service Revenue: $5,054,690
  • Gross Receipts: $5,673,257

Assets and Liabilities:

  • Total Assets: $133,385,368
  • Total Liabilities: $113,049,082
  • Net Assets: $20,336,286

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INCOME

Revenue

$3,903,298

SERVICE CHARGES AND OT

Revenue

$1,013,323

OTHER NON-INTEREST INC

Revenue

$138,069

Organization Details

Founding Year

1953

Principal Officer

Angelina Maldonado

Main Address

3650 EAST ASHLAN AVENUE, FRESNO, CA, 93726

NTEE Category

Code: W60 - Public benefit

If you are a representative of United Local Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.