Overview
What is Organized Labor Credit Union?
Organized Labor Credit Union is a cooperative based in Modesto, California, with a postal address at 2112 McHenry Ave A, CA 95350. Established with the aim of fostering thrift and savings among its members, the credit union offers deposit and loan accounts to 3,503 individuals. By providing these financial services, it acts as a low-cost source of credit for its members, catering to their savings and checking account needs. The union, managed by a team of five employees, plays a crucial role in promoting financial stability and accessibility for its members.
Official website here: www.olcu.org
Is Organized Labor Credit Union legitimate?
Organized Labor Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Organized Labor 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: $144,067
Professional Fundraising Fees: $0
Other Salaries and Wages: $272,067
For more financial information, click here
Official website here: www.olcu.org
What is the mission statement of Organized Labor Credit Union?
The Organized Labor Credit Union is established as a cooperative with a mission to foster thrift and savings among its members. The primary objective of this financial institution is to serve its members by providing a cost-effective source of credit and financial services. Furthermore, the credit union fulfills the savings and checking account needs of its 3,503 members, thereby acting as a reliable deposit provider.
Official website here: www.olcu.org
Who is the CEO of Organized Labor Credit Union?
Sara Klein is the President/Ceo of Organized Labor Credit Union. The CEO's salary of Organized Labor Credit Union is $144,067 and their total compensation is $151,516.
Official website here: www.olcu.org
What is the revenue of Organized Labor Credit Union?
Organized Labor Credit Union's revenue in 2022 was $1,286,713.
Official website here: www.olcu.org
Who are the executives of Organized Labor Credit Union and what are their salaries?
The average compensation at Organized Labor Credit Union during 2022 was $83,227. There are 5 employees and 12 volunteers at Organized Labor Credit Union.
Here are 13 key members and their salaries (Organized Labor Credit Union's CEO's salary is $144,067 and their total compensation is $151,516):
- Compensation: $144,067
- Related: $0
- Other: $7,449
- 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: $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
Official website here: www.olcu.org
Where can I find the form 990 for Organized Labor Credit Union?
Organized Labor Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.olcu.org
Learn more at the official website: www.olcu.org
Mission Statement of Organized Labor Credit Union
Organized Labor Credit Union, as a cooperative, is established with the primary goal of fostering thrift and savings among its members. The mission of this credit union is to serve its members by providing them with affordable sources of credit and financial services. By doing so, it also acts as a reliable provider of savings and checking account needs for its members. Essentially, Organized Labor Credit Union aims to promote financial well-being among its members by offering them cost-effective solutions for their financial needs.
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Impact
October, 2024
Organized Labor Credit Union has a significant impact on its community by promoting thrift and savings among its members. Serving 3,503 individuals, it provides essential financial services, including deposit and loan accounts, that help members achieve their financial goals. By offering a low-cost source of credit and affordable financial services, the credit union enables its members to better manage their finances and meet their needs for savings and checking accounts. This cooperative model fosters a sense of community and support, empowering members to make sound financial decisions and improve their overall economic well-being. Located in Modesto, CA, Organized Labor Credit Union plays a crucial role in enhancing financial literacy and stability in the region.
This information is meant to be a general summary of Organized Labor 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: $213,364
- Program Service Revenue: $698,048
- Gross Receipts: $1,286,713
Assets and Liabilities:
- Total Assets: $34,765,063
- Total Liabilities: $31,938,452
- Net Assets: $2,826,611
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on Loans
Revenue
$698,048
Organization Details
Founding Year
1974
Phone
(209) 527-8731Principal Officer
Sara Klein
Main Address
2112 McHenry Ave A, Modesto, CA, 95350
Website
www.olcu.orgNTEE Category
Code: W60 - Public benefit
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