Overview
What is Credit Unions Chartered In The State Of Utah?
Credit Unions Chartered in the State of Utah, specifically referencing the Provo Police & Fire Department credit union, is a member-driven, non-profit financial institution. Established to cater to its members' financial needs, this credit union functions as a cooperative. The programs and services they provide are tailored to the unique requirements of their members, emphasizing the principle of member-ownership. As a non-profit entity, the primary focus is on benefiting its members, rather than generating profits for shareholders.
Is Credit Unions Chartered In The State Of Utah legitimate?
Credit Unions Chartered In The State Of Utah is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Utah 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: $30,996
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Credit Unions Chartered In The State Of Utah?
Credit Unions Chartered in the State of Utah, as a non-profit entity, is committed to serving the financial needs of its members. Operating as member-owned credit unions, their mission is to provide financial programs tailored to the requirements of their membership base. This organization functions as a cooperative, with a focus on promoting financial well-being and financial inclusivity for its members.
Who is the CEO of Credit Unions Chartered In The State Of Utah?
Sheldon Lindsay is the Vice-President / Treasurer of Credit Unions Chartered In The State Of Utah.
What is the revenue of Credit Unions Chartered In The State Of Utah?
Credit Unions Chartered In The State Of Utah's revenue in 2022 was $74,193.
Who are the executives of Credit Unions Chartered In The State Of Utah and what are their salaries?
The average compensation at Credit Unions Chartered In The State Of Utah during 2022 was $15,498. There are 2 employees and 15 volunteers at Credit Unions Chartered In The State Of Utah.
Here are 7 key members and their salaries:
- Compensation: $17,640
- Related: $0
- Other: $0
- Compensation: $13,356
- 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
Where can I find the form 990 for Credit Unions Chartered In The State Of Utah?
Credit Unions Chartered In The State Of Utah's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Credit Unions Chartered In The State Of Utah
Credit Unions Chartered In The State Of Utah, as a member-owned non-profit institution, is committed to serving the financial needs of its members. Operating under the mission of a credit union, this organization is dedicated to providing programs and services tailored to its members' requirements. This non-profit financial entity operates on the principle of being member-owned, ensuring that its operations and benefits are primarily for the benefit of its members.
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Impact
October, 2024
Credit Unions Chartered in the State of Utah significantly contributes to the local community by providing financial services tailored to the needs of its members, including those affiliated with the Provo Police and Fire Department. As a member-owned financial institution, it fosters a sense of community and cooperation among its members, ensuring that the profits generated go back into enhancing services and improving member experience rather than lining shareholders' pockets.
This credit union offers various financial programs, including savings accounts, loans, and financial education, emphasizing accessibility and affordability. By focusing on serving its members, it helps them achieve financial stability and security, which ultimately strengthens the local economy. The presence of such a credit union in Provo offers a vital alternative to traditional banks, catering to the unique needs of its member base.
Additionally, the organization plays a pivotal role in financial literacy and empowerment, offering resources that enable members to make informed financial decisions. This educational aspect not only benefits individual members but also promotes a financially informed community, which can lead to a healthier local economy overall. Through its commitment to serving the public interest, Credit Unions Chartered in the State of Utah reinforces the values of community support and collective well-being.
This information is meant to be a general summary of Credit Unions Chartered In The State Of Utah. 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: $9,192
- Program Service Revenue: $65,001
- Gross Receipts: $74,193
Assets and Liabilities:
- Total Assets: $3,133,343
- Total Liabilities: $2,762,034
- Net Assets: $371,309
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Income From Loans
Revenue
$64,999
Other Income
Revenue
$2
Organization Details
Founding Year
1949
Phone
(801) 377-5634Principal Officer
Sheldon Lindsay
Main Address
PO Box 1402, Provo, UT, 84603
NTEE Category
Code: W60 - Public benefit
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