Overview
What is National Association Of Federal Credit Unions Inc?
The National Association of Federal Credit Unions Inc, also known as Nat'l Assoc of Fed-Ins CUS, is a nonprofit organization headquartered at 3138 10th St N, Arlington, Virginia, 22201. With a team of 71 employees, they specialize in communications, legislation, regulation, and compliance. Their primary mission is to fortify credit unions by delivering top-tier federal advocacy, education, and compliance assistance within the industry. The organization keeps members informed of all credit union rules and laws and offers assistance to ensure compliance.
Official website here: www.nafcu.org
Is National Association Of Federal Credit Unions Inc legitimate?
National Association Of Federal Credit Unions Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Federal Credit Unions Inc 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: $2,266,045
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,643,882
For more financial information, click here
Official website here: www.nafcu.org
What is the mission statement of National Association Of Federal Credit Unions Inc?
The National Association of Federal Credit Unions Inc plays a crucial role in bolstering credit unions by delivering top-tier federal advocacy, education, and compliance assistance within the industry. Through communications, legislative, regulatory, and compliance efforts, they ensure members stay informed about the rules and laws that govern credit unions, offering valuable compliance assistance. The organization's primary goal is to strengthen credit unions, enabling them to serve their members effectively and efficiently. By advocating on their behalf and providing essential educational and compliance resources, the National Association of Federal Credit Unions Inc fosters a robust and thriving credit union sector.
Official website here: www.nafcu.org
Who is the CEO of National Association Of Federal Credit Unions Inc?
B Dan Berger is the Principal Officer of National Association Of Federal Credit Unions Inc. The CEO's salary of National Association Of Federal Credit Unions Inc is $1,223,380 and their total compensation is $1,267,690.
Official website here: www.nafcu.org
What is the revenue of National Association Of Federal Credit Unions Inc?
National Association Of Federal Credit Unions Inc's revenue in 2022 was $21,551,977.
Official website here: www.nafcu.org
Who are the executives of National Association Of Federal Credit Unions Inc and what are their salaries?
The average compensation at National Association Of Federal Credit Unions Inc during 2022 was $153,661. There are 71 employees and 14 volunteers at National Association Of Federal Credit Unions Inc.
Here are 22 key members and their salaries (National Association Of Federal Credit Unions Inc's CEO's salary is $1,223,380 and their total compensation is $1,267,690):
- Compensation: $1,223,380
- Related: $0
- Other: $44,310
- Compensation: $516,997
- Related: $0
- Other: $77,328
- Compensation: $358,997
- Related: $0
- Other: $45,033
- Compensation: $286,310
- Related: $0
- Other: $34,587
- Compensation: $283,987
- Related: $0
- Other: $34,692
- Compensation: $255,104
- Related: $0
- Other: $33,366
- Compensation: $240,405
- Related: $0
- Other: $30,765
- Compensation: $233,859
- Related: $0
- Other: $33,674
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nafcu.org
Where can I find the form 990 for National Association Of Federal Credit Unions Inc?
National Association Of Federal Credit Unions Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nafcu.org
Learn more at the official website: www.nafcu.org
Mission Statement of National Association Of Federal Credit Unions Inc
The National Association of Federal Credit Unions Inc (NAFCU) is a pivotal organization in the credit union industry, dedicated to enhancing its members' operations through top-tier federal advocacy, education, and compliance assistance. NAFCU's mission is geared towards strengthening credit unions by keeping them informed of the latest rules and laws and providing essential compliance assistance.
In the communications sector, NAFCU plays a vital role by keeping its members up-to-date on all the regulations and laws governing credit unions. This ongoing education and information dissemination enable credit unions to effectively navigate the complex regulatory landscape and maintain compliance with industry standards. By offering compliance assistance, NAFCU empowers its members to manage risk and mitigate potential issues, ensuring they continue to provide valuable services to their members.
Moreover, NAFCU's advocacy efforts in the legislative and regulatory spheres bolster the credit union industry as a whole. Its expertise and insights inform policymakers about the unique aspects of credit unions and the challenges they face. By advocating on their behalf, NAFCU helps shape regulations and legislation that benefit credit unions and the communities they serve. In doing so, the National Association of Federal Credit Unions Inc strengthens the credit union industry's position and enables it to thrive in an ever-changing regulatory environment.
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Impact
October, 2024
The National Association of Federal Credit Unions Inc plays a crucial role in enhancing the landscape of credit unions across the United States. By providing vital communications, legislative updates, and regulatory guidance, the organization ensures that credit unions remain informed and compliant with the ever-evolving rules and laws governing the industry. This support empowers credit unions to operate more effectively and serve their members better.
Through its mission to strengthen credit unions, the association delivers comprehensive federal advocacy, education, and compliance assistance tailored to the specific needs of its members. This commitment not only fosters industry growth but also promotes community improvement, as credit unions frequently reinvest in the communities they serve. By equipping these financial institutions with the tools and knowledge required to navigate complex regulations, the National Association of Federal Credit Unions Inc helps to sustain a robust and competitive credit union sector.
This information is meant to be a general summary of National Association Of Federal Credit Unions Inc. 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: $317,044
- Program Service Revenue: $19,617,854
- Gross Receipts: $47,992,428
Assets and Liabilities:
- Total Assets: $33,547,313
- Total Liabilities: $15,519,156
- Net Assets: $18,028,157
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$14,132,944
MEMBER EDUCATIONAL CONFERENCES
Revenue
$4,275,869
PRODUCTS AND SERVICES
Revenue
$920,578
MANAGEMENT SERVICES
Revenue
$211,515
WEBCAST
Revenue
$10,000
Organization Details
Founding Year
1967
Phone
(703) 522-4770Principal Officer
B Dan Berger
Main Address
3138 10TH ST NORTH 300, ARLINGTON, VA, 22201
Website
www.nafcu.orgNTEE Category
Code: S41 - Community improvement
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