Connecticut State Employees Credit Union Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060663293 ✦ Hartford, CT ✦ Designated as a 501(c)(14)

Overview

What is Connecticut State Employees Credit Union Inc?

Connecticut State Employees Credit Union Inc is a Hartford, Connecticut-based credit union, with an address at 84 Wadsworth St, 06106. The organization, with a workforce of 66 employees, offers financial services to its members. Through their financial products, such as loans and deposit services, they aim to help members meet their financial requirements. The mission of Connecticut State Employees Credit Union Inc remains focused on providing credit union financial services to its members.


Official website here: www.csecreditunion.com

Is Connecticut State Employees Credit Union Inc legitimate?

Connecticut State Employees Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Connecticut State Employees Credit Union 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $587,172
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,148,091

For more financial information, click here


Official website here: www.csecreditunion.com

What is the mission statement of Connecticut State Employees Credit Union Inc?

Connecticut State Employees Credit Union Inc is dedicated to delivering financial services to its members. By offering a range of loan and deposit products, the credit union assists its members in managing their financial needs effectively. The mission of Connecticut State Employees Credit Union Inc is to provide Credit Union Financial Services, ensuring that members have access to reliable and convenient financial solutions. The credit union's primary goal is to empower its members to achieve financial stability and security. Through its various offerings, it aims to make a positive impact on the financial well-being of its members, ultimately contributing to their overall quality of life.


Official website here: www.csecreditunion.com

Who is the CEO of Connecticut State Employees Credit Union Inc?

John Frenett is the Ceo of Connecticut State Employees Credit Union Inc. The CEO's salary of Connecticut State Employees Credit Union Inc is $354,169 and their total compensation is $507,629.


Official website here: www.csecreditunion.com

What is the revenue of Connecticut State Employees Credit Union Inc?

Connecticut State Employees Credit Union Inc's revenue in 2022 was $49,632,833.


Official website here: www.csecreditunion.com

Who are the executives of Connecticut State Employees Credit Union Inc and what are their salaries?

The average compensation at Connecticut State Employees Credit Union Inc during 2022 was $71,746. There are 66 employees and 11 volunteers at Connecticut State Employees Credit Union Inc.

Here are 11 key members and their salaries (Connecticut State Employees Credit Union Inc's CEO's salary is $354,169 and their total compensation is $507,629):

    Daniel Daigle (Ceo)
  • Compensation: $354,169
  • Related: $0
  • Other: $153,460

    • Scott Cormier (Collection&Risk Manager)
  • Compensation: $184,786
  • Related: $0
  • Other: $103,094

    • William Senack (Loan Manager)
  • Compensation: $165,303
  • Related: $0
  • Other: $103,520

    • John Frenett (Treasurer/Cfo) [Trustee/Director]
  • Compensation: $228,330
  • Related: $0
  • Other: $37,312

    • Allison Liggett (Operations Manager)
  • Compensation: $172,954
  • Related: $0
  • Other: $84,818

    • Vincent Filippa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Constantinos Skevas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Dombroski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Slupecki (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacey Franklin (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Post (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.csecreditunion.com

    Where can I find the form 990 for Connecticut State Employees Credit Union Inc?

    The Connecticut State Employees Credit Union Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.csecreditunion.com

    Learn more at the official website: www.csecreditunion.com

    Mission Statement of Connecticut State Employees Credit Union Inc

    Connecticut State Employees Credit Union Inc, headquartered in the financial sector, is dedicated to offering loan and deposit services that cater to the financial requirements of its esteemed members. The organization's overarching mission revolves around providing Credit Union Financial Services, ensuring that every member has access to essential financial tools that support their financial well-being.

    In simpler terms, Connecticut State Employees Credit Union Inc serves as a trusted financial partner to its members. By offering a diverse range of financial products and services, the credit union empowers its members to effectively manage their finances, meet their savings goals, and access affordable credit when needed. The institution's commitment to its members extends beyond the scope of traditional banking services, making it an invaluable resource for individuals seeking financial solutions that cater to their unique needs.

    Connecticut State Employees Credit Union Inc's approach to financial services is rooted in the belief that every individual deserves access to reliable and convenient financial solutions. The credit union's team of dedicated professionals is committed to working closely with members to understand their financial aspirations and provide tailored advice and recommendations that help them achieve their goals. Whether members are looking to purchase a home, save for their children's education, or manage their day-to-day expenses, Connecticut State Employees Credit Union Inc is there to provide the guidance and support they need to make informed financial decisions and build a solid financial foundation for their future.

    Impact

    This information is meant to be a general summary of Connecticut State Employees Credit Union Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Connecticut State Employees Credit Union Inc has a significant impact by providing loan and deposit products to its members, helping them meet their financial needs. By offering credit union financial services, the organization plays a crucial role in supporting the financial well-being of its members in Hartford, CT. Its mission to provide these services ensures that members have access to essential financial products and resources to help them achieve their goals.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $32,830,960
  • Program Service Revenue: $13,085,342
  • Gross Receipts: $49,632,833

    • Assets and Liabilities:
  • Total Assets: $2,477,578,978
  • Total Liabilities: $2,283,512,066
  • Net Assets: $194,066,912
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MEMBER LOAN INTEREST

    Revenue

    $13,085,342

    Organization Details

    Founding Year

    1946

    Principal Officer

    John Frenett

    Main Address

    84 Wadsworth St, Hartford, CT, 06106

    NTEE Category

    Code: W60 - Public benefit

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