Overview
What is Universal City Studios Credit Union?
Universal City Studios Credit Union is a cooperative established primarily to foster savings among its members, who predominantly work for Universal Studios, Dreamworks, SKG, and other specified entities. As a nonprofit, its main objective is to offer a source of credit to its members at rates set by the board of directors, while also providing an opportunity for members to manage their own funds democratically. The credit union operates in Universal City, California, and its earnings, savings, benefits, or services are distributed back to its members. With a small workforce of 14 individuals, Universal City Studios Credit Union aims to improve the economic and social conditions of its members.
Official website here: www.ucscu.org
Is Universal City Studios Credit Union legitimate?
Universal City Studios Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Universal City Studios 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: $440,359
Professional Fundraising Fees: $0
Other Salaries and Wages: $453,687
For more financial information, click here
Official website here: www.ucscu.org
What is the mission statement of Universal City Studios Credit Union?
Universal City Studios Credit Union is established as a cooperative, with the primary purpose of encouraging savings among its members. It serves as a source of credit for its members, offering loans at interest rates determined by the board of directors. The cooperative aims to provide its members with an opportunity to manage their own finances democratically, ultimately improving their economic and social conditions. As a cooperative, Universal City Studios Credit Union operates for the mutual benefit and general welfare of its members, distributing earnings, savings, benefits, or services back to its members.
Official website here: www.ucscu.org
Who is the CEO of Universal City Studios Credit Union?
Jesse Lopez is the Chairperson of Universal City Studios Credit Union. The CEO's salary of Universal City Studios Credit Union is $182,136 and their total compensation is $189,234.
Official website here: www.ucscu.org
What is the revenue of Universal City Studios Credit Union?
Universal City Studios Credit Union's revenue in 2022 was $2,721,085.
Official website here: www.ucscu.org
Who are the executives of Universal City Studios Credit Union and what are their salaries?
The average compensation at Universal City Studios Credit Union during 2022 was $63,860. There are 14 employees and 10 volunteers at Universal City Studios Credit Union.
Here are 14 key members and their salaries (Universal City Studios Credit Union's CEO's salary is $182,136 and their total compensation is $189,234):
- 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: $182,136
- Related: $0
- Other: $7,098
- Compensation: $98,105
- Related: $0
- Other: $9,800
- Compensation: $92,067
- Related: $0
- Other: $9,292
- Compensation: $68,051
- Related: $0
- Other: $15,842
Official website here: www.ucscu.org
Where can I find the form 990 for Universal City Studios Credit Union?
Universal City Studios Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ucscu.org
Learn more at the official website: www.ucscu.org
Mission Statement of Universal City Studios Credit Union
Universal City Studios Credit Union, as a cooperative, is established with the primary objective of promoting thrift and savings among its members. This organization serves as a platform where its members can save money at interest rates set by its board of directors, and also have access to credit when needed. Furthermore, Universal City Studios Credit Union offers its members an opportunity to utilize and manage their own funds democratically, aiming to enhance their economic and social conditions. Operating on a mutual benefit principle, the earnings, savings, benefits, or services of the credit union are distributed back to its members, acting as their patrons.
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Impact
October, 2024
Universal City Studios Credit Union plays a significant role in fostering financial well-being among its members, primarily employees of Universal Studios, Inc., DreamWorks, SKG, and other designated members. By promoting thrift and savings, the credit union creates a supportive financial environment that encourages responsible money management.
The cooperative structure ensures that members have a say in operational decisions, enhancing community engagement and providing customized services that meet their specific needs. By offering loans and holding deposits, the credit union acts as a trusted financial partner, helping members access credit at competitive rates established by the board of directors.
The impact extends beyond individual financial stability, as it fosters a sense of belonging and mutual support among members, enhancing their economic and social conditions. Overall, Universal City Studios Credit Union serves as a catalyst for individual and community financial empowerment.
This information is meant to be a general summary of Universal City Studios 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: $485,555
- Program Service Revenue: $2,170,033
- Gross Receipts: $3,531,690
Assets and Liabilities:
- Total Assets: $80,914,523
- Total Liabilities: $74,767,700
- Net Assets: $6,146,823
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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
$1,800,863
OTHER OPERATING INCOME
Revenue
$213,866
FEE INCOME
Revenue
$155,304
Organization Details
Founding Year
1927
Phone
(818) 777-1295Principal Officer
Jesse Lopez
Main Address
90 UNIVERSAL CITY PLAZA, UNIVERSAL CITY, CA, 91608
Website
www.ucscu.orgNTEE Category
Code: W60 - Public benefit
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