Overview
What is People's Credit Union?
People's Credit Union is a member-owned financial institution based in Middletown, Rhode Island. With a strong commitment to the community, they provide superior services to their members. As of December 31, 2022, they had issued 15,605 loans with an outstanding balance of over $537 million. Established as a state-chartered credit union, their mission is to offer valuable products and services that cater to the needs of both existing and new members. They prioritize convenience and friendliness, ensuring a welcoming and responsive environment for their customers. The team at People's Credit Union maintains their financial strength to instill trust and confidence in their services.
Official website here: www.peoplescu.com
Is People's Credit Union legitimate?
People's Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. People's 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $895,080
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,811,852
For more financial information, click here
Official website here: www.peoplescu.com
What is the mission statement of People's Credit Union?
People's Credit Union is dedicated to providing valuable products and services for the advantage of its members. The organization prioritizes offering these offerings in a friendly, welcoming, and responsive environment. To maintain the trust and confidence of its customers, People's Credit Union continually emphasizes its financial strength.
Official website here: www.peoplescu.com
Who is the CEO of People's Credit Union?
Sean Daly is the President & Ceo of People's Credit Union. The CEO's salary of People's Credit Union is $524,205 and their total compensation is $539,023.
Official website here: www.peoplescu.com
What is the revenue of People's Credit Union?
Who are the executives of People's Credit Union and what are their salaries?
The average compensation at People's Credit Union during 2022 was $52,787. There are 146 employees at People's Credit Union.
Here are 15 key members and their salaries (People's Credit Union's CEO's salary is $524,205 and their total compensation is $539,023):
- Sean Daly (President & Ceo)
- William Dewitt (Evp, Chief Marketing Officer)
- Cormac Mccarthy (Evp, Chief Lending Officer)
- Margaret Mcgill (Evp & Cfo)
- Karen Parent (Svp Hr & Talent)
- Christopher Eden (Vp Security & Information Technology)
- Diane Crosby (Mortgage Loan Officer)
- Christopher S Ottiano Md (Chair) [Trustee/Director]
- Toni L Mcgowan (Secretary) [Trustee/Director]
- Edward T Lopes Jr (Past Chair, Director)
- Thomas W Vignali Cpa (Treasurer) [Trustee/Director]
- William L Douglas Jr (Past Treasurer, Director)
- Alyson Adkins (Vice Chair) [Trustee/Director]
- Terri Marcucci Fitch (Director)
- Louann Lawrence (Director)
Official website here: www.peoplescu.com
Where can I find the form 990 for People's Credit Union?
The People's Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.peoplescu.com
Learn more at the official website: www.peoplescu.com
Mission Statement of People's Credit Union
People's Credit Union, a state-chartered financial institution, is dedicated to delivering value-added products and services to its members. The organization prioritizes a friendly, welcoming, and responsive environment, ensuring that both existing and prospective members feel valued. In order to maintain trust and confidence, People's Credit Union places great emphasis on its financial strength.
People's Credit Union's primary mission is to provide its members with a wide range of convenient financial solutions. By offering these solutions, the credit union aims to enhance the lives and financial wellbeing of its community. The organization's commitment to its members extends beyond just financial products, as it strives to create a welcoming and responsive atmosphere where members feel comfortable and confident in their financial decisions.
People's Credit Union's focus on financial strength and member satisfaction is a testament to its dedication to its members. By prioritizing these values, the credit union is able to build lasting relationships and trust within its community. The organization's unwavering commitment to its members allows them to stay confident and secure in their financial future.
Impact
This information is meant to be a general summary of People's Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
People's Credit Union, a state-chartered credit union in Middletown, RI, has had a significant impact on the community by providing superior financial services to its members. In 2022, People's Credit Union provided 15,605 loans to its members, totaling an outstanding loan balance of $537,669,823 by the end of the year. The organization's mission is to offer value-added products and services for the benefit of its members, emphasizing convenience, friendliness, and responsiveness in its delivery. Ultimately, People's Credit Union's commitment to promoting financial strength and trust continues to benefit the community it serves.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan Interest
Revenue
$18,345,151
Fee & Service Income
Revenue
$6,082,347
Organization Details
Founding Year
1922
Phone
(401) 846-8930
Principal Officer
Sean Daly
Main Address
858 West Main Road, Middletown, RI, 02842
Website
www.peoplescu.com
NTEE Category
Code: W60 - Public benefit
If you are a representative of People's Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.