Hudson River Community Credit Union

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

EIN: 141407718 ✦ Corinth, NY ✦ Designated as a 501(c)(14)

Overview

What is Hudson River Community Credit Union?

Hudson River Community Credit Union is a nonprofit financial institution located in Corinth, New York, with an address at ONE THIRD STREET. This credit union offers a range of affordable financial products and services to its members, including online banking, access to ATMs, and an audio-response system. By providing low-interest rates on loans and credit cards, the credit union aims to accommodate as many member loans as possible. Competitive dividend rates are paid on savings and investment accounts. The Hudson River Community Credit Union's mission is to improve the financial well-being of its members and their families by offering quality financial services with the best overall value. With a team of 100 employees, they strive to provide unique, quality financial services to their members.


Official website here: www.hrccu.org

Is Hudson River Community Credit Union legitimate?

Hudson River Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Hudson River Community 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: $822,091
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,903,957

For more financial information, click here


Official website here: www.hrccu.org

What is the mission statement of Hudson River Community Credit Union?

The Hudson River Community Credit Union (HRCCU) is dedicated to enhancing the financial well-being of its members and their families. Through the provision of quality financial services, HRCCU aims to promote financial health and stability. The organization offers a variety of low-cost financial products and services, such as online banking, ATM access, and an audio-response system. Members can benefit from competitive interest rates on loans and credit cards, as well as attractive dividends on savings and investment accounts. The wide range of loan options and interest rates enables HRCCU to accommodate numerous member requests. By providing these financial solutions, HRCCU works towards fulfilling its mission.


Official website here: www.hrccu.org

Who is the CEO of Hudson River Community Credit Union?

Charles Pasquarell is the President of Hudson River Community Credit Union. The CEO's salary of Hudson River Community Credit Union is $368,243 and their total compensation is $431,309.


Official website here: www.hrccu.org

What is the revenue of Hudson River Community Credit Union?

Hudson River Community Credit Union's revenue in 2022 was $19,095,276.


Official website here: www.hrccu.org

Who are the executives of Hudson River Community Credit Union and what are their salaries?

The average compensation at Hudson River Community Credit Union during 2022 was $57,260. There are 100 employees and 14 volunteers at Hudson River Community Credit Union.

Here are 15 key members and their salaries (Hudson River Community Credit Union's CEO's salary is $368,243 and their total compensation is $431,309):

    Susan Commanda (Ceo)
  • Compensation: $368,243
  • Related: $0
  • Other: $63,066

    • Lorraine Marola (Evp)
  • Compensation: $269,635
  • Related: $0
  • Other: $51,992

    • Paula Sheely (Cro)
  • Compensation: $186,713
  • Related: $0
  • Other: $36,704

    • Robert Gerber (Cio)
  • Compensation: $162,484
  • Related: $0
  • Other: $16,548

    • Cathy Carpenter (Svp Lending)
  • Compensation: $150,707
  • Related: $0
  • Other: $15,189

    • James Holmes (Vp Finance & Growth)
  • Compensation: $128,208
  • Related: $0
  • Other: $11,386

    • Kacie Kenyon (Controller)
  • Compensation: $126,281
  • Related: $0
  • Other: $6,406

    • Melisse Robinson (Avp Of Hr)
  • Compensation: $108,309
  • Related: $0
  • Other: $22,137

    • Carol Ann Pacco-Long (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Pasquarell (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart Field (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Uncher (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Alvey Harrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hrccu.org

    Where can I find the form 990 for Hudson River Community Credit Union?

    The Hudson River Community Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hrccu.org

    Learn more at the official website: www.hrccu.org

    Mission Statement of Hudson River Community Credit Union

    Hudson River Community Credit Union (HRCCU) is committed to enhancing the financial health of its members and their families by offering top-notch financial services. The organization's primary goal is to provide quality services that promote financial well-being, as stated in its mission.

    HRCCU offers a diverse range of financial products and services designed to cater to the needs of its members. These include online banking, access to ATMs, and an audio-response system. The credit union takes pride in providing competitive interest rates on loans and credit cards. With a wide selection of loan products and varying interest rates, HRCCU strives to accommodate as many member loans as possible. Furthermore, HRCCU pays out competitive dividend rates on savings and investment accounts, adding value to its members' financial journey.

    In order to deliver on its mission, HRCCU offers a variety of financial solutions tailored to meet the unique needs of its members. By providing these services, the credit union aims to create a positive impact on the lives of its members and their families. The focus on financial well-being sets Hudson River Community Credit Union apart, as it seeks to empower its members to make informed financial decisions and improve their overall financial situation.

    Impact

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




    Thursday, August 15, 2024

    Hudson River Community Credit Union's impact is significant as it provides unique, quality financial services to improve the financial well-being of its members and their families. By offering low-cost financial products and services such as online banking, access to ATMs, and competitive interest rates on loans and credit cards, HRCCU ensures that its members have access to the best overall value in their financial dealings. This not only helps individuals manage their finances more effectively but also contributes to the economic stability of the community it serves in Corinth, NY. Through its mission to promote financial well-being and provide quality services, Hudson River Community Credit Union delivers a public benefit by supporting its members in achieving their financial 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: $558,480
  • Program Service Revenue: $11,893,702
  • Gross Receipts: $19,122,476

    • Assets and Liabilities:
  • Total Assets: $329,430,319
  • Total Liabilities: $283,069,954
  • Net Assets: $46,360,365
  • Programs

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

    LOAN INTEREST RECEIVED

    Revenue

    $11,893,702

    Organization Details

    Founding Year

    1954

    Principal Officer

    Charles Pasquarell

    Main Address

    ONE THIRD STREET, CORINTH, NY, 12822

    NTEE Category

    Code: W60 - Public benefit

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