Overview
What is University Credit Union?
University Credit Union is a non-profit financial institution based in Los Angeles, California, with a membership of over 52,000. Established as a state-chartered, natural person credit union, their mission is to offer competitive financial services to their members. They provide deposit and loan accounts, serving as a low-cost source of credit and financial services, and catering to the savings and checking account needs of their members. The credit union's team consists of 133 employees dedicated to supporting their members.
Official website here: www.ucu.org
What are the reviews and ratings of this charity?
The University Credit Union is currently not rated by Charity Navigator. The lack of a rating is primarily due to its status as a non-501(c)(3) organization, which limits its eligibility for evaluation under Charity Navigator's methodologies focusing on Accountability & Finance, Impact & Measurement, and other assessment areas. Therefore, the absence of a rating should not be seen as either a positive or negative assessment but rather as a result of its specific nonprofit classification.
The organization does not provide publicly available financial data, such as total revenue, expenses, or key personnel salaries, which further complicates the evaluation process by Charity Navigator. This highlights a limitation in transparency or complexity in reporting that is due to its non-501(c)(3) status. Consequently, potential donors or stakeholders seeking insights into the financial health or operational efficiency of University Credit Union would need to look elsewhere.
No user reviews are available on GreatNonprofits, so there is limited qualitative feedback from individuals interacting with or benefiting from the organization. Without these reviews, public perception and direct experiences with the University Credit Union remain largely undocumented, which can be a potential gap for anyone seeking firsthand narratives about the organization’s impact or service quality.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about University Credit Union?
84% of 48 reviewers on Facebook would recommend University Credit Union. Here is a summary of their reviews:
Many users express gratitude for the support and services provided by the nonprofit, emphasizing its positive impact on the campus community. Reviewers appreciate the accessibility and the dedication shown in assisting not only individuals but also the broader student body.
Overall, the sentiment leans towards satisfaction, with patrons recognizing the efforts made to meet their needs and enhance their experience at the university. This commitment to service appears to resonate well with the community, fostering a sense of trust and positive engagement.
This AI summary has been generated from reviews found on Facebook.
Is University Credit Union legitimate?
University Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. University 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: $3,226,245
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,571,997
For more financial information, click here
Official website here: www.ucu.org
What is the mission statement of University Credit Union?
University Credit Union is a non-profit, state-chartered financial institution catering to a membership base of approximately 52,000 individuals. Its mission is centered around providing competitive financial services to its members. By offering deposit and loan accounts, University Credit Union functions as a cost-effective source of credit and financial services for its customers. The institution also serves as a hub for member savings and checking account needs, ensuring that its clients have access to essential financial solutions.
Official website here: www.ucu.org
Who is the CEO of University Credit Union?
Serge Rizk is the President & Ceo of University Credit Union. The CEO's salary of University Credit Union is $684,519 and their total compensation is $705,277.
Official website here: www.ucu.org
What is the revenue of University Credit Union?
University Credit Union's revenue in 2022 was $44,807,900.
Official website here: www.ucu.org
Who are the executives of University Credit Union and what are their salaries?
The average compensation at University Credit Union during 2022 was $103,746. There are 133 employees and 12 volunteers at University Credit Union.
Here are 29 key members and their salaries (University Credit Union's CEO's salary is $684,519 and their total compensation is $705,277):
- Compensation: $684,519
- Related: $0
- Other: $20,758
- Compensation: $394,811
- Related: $0
- Other: $23,628
- Compensation: $350,152
- Related: $0
- Other: $17,247
- Compensation: $342,144
- Related: $0
- Other: $21,095
- Compensation: $270,115
- Related: $0
- Other: $5,713
- Compensation: $253,681
- Related: $0
- Other: $15,617
- Compensation: $227,909
- Related: $0
- Other: $20,824
- Compensation: $224,965
- Related: $0
- Other: $13,464
- Compensation: $220,739
- Related: $0
- Other: $9,647
- Compensation: $180,467
- Related: $0
- Other: $3,081
- Compensation: $156,254
- Related: $0
- Other: $0
- Compensation: $143,460
- Related: $0
- Other: $8,607
- Compensation: $148,476
- Related: $0
- Other: $0
- Compensation: $105,713
- Related: $0
- Other: $4,236
- Compensation: $82,405
- Related: $0
- Other: $4,894
- Compensation: $78,901
- Related: $0
- Other: $4,734
- Compensation: $46,052
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ucu.org
Where can I find the form 990 for University Credit Union?
University Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ucu.org
Learn more at the official website: www.ucu.org
Mission Statement of University Credit Union
University Credit Union, a non-profit, state-chartered financial institution, is dedicated to offering competitive financial services to its 52,065 members. This natural person credit union aims to provide a reliable source of credit and financial services at affordable rates, catering to the diverse needs of its members.
Through its mission, University Credit Union prioritizes the financial wellbeing of its members. It offers a range of deposit and loan accounts, enabling members to manage their savings, checking account needs, and borrowing requirements effectively. The credit union's commitment to affordability empowers its members to make informed financial decisions, fostering financial stability and growth.
By offering competitive financial services, University Credit Union not only strives to meet the immediate financial needs of its members but also aims to serve as a long-term partner in their financial journeys. The credit union's member-centric approach ensures that its services are tailored to the unique requirements of each member, promoting financial inclusion and empowerment. With its member-focused mission, University Credit Union continues to build a strong and supportive community that values financial wellbeing and sustainability.
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Impact
October, 2024
University Credit Union plays a vital role in enhancing the financial well-being of its 52,065 members by offering competitive financial services tailored to their needs. By providing accessible deposit and loan accounts, along with low-cost credit options, the credit union ensures that its members have the tools necessary for effective financial management. Additionally, it serves as a reliable source for both savings and checking account needs, fostering a sense of community and support among its members in Los Angeles, CA. This commitment to delivering affordable and beneficial financial services contributes significantly to the overall public benefit, promoting economic stability and empowerment within the community.
This information is meant to be a general summary of University 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: $1,302,778
- Program Service Revenue: $37,286,766
- Gross Receipts: $44,807,900
Assets and Liabilities:
- Total Assets: $1,226,015,965
- Total Liabilities: $1,142,366,396
- Net Assets: $83,649,569
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest income on loans
Revenue
$37,286,766
Organization Details
Founding Year
1951
Phone
(310) 477-6628Principal Officer
Serge Rizk
Main Address
1500 S SEPULVEDA BLVD, LOS ANGELES, CA, 90025
Website
www.ucu.orgNTEE Category
Code: W60 - Public benefit
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