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Gcu

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

EIN: 250522060 ✦ Beaver, PA ✦ Designated as a 501(c)(8)

Overview

What is Gcu?

Gcu, previously known as the Greek Catholic Union of the USA, is a nonprofit organization based in Beaver, Pennsylvania. With a team of 69 employees, it provides financial and fraternal benefits to its members. These benefits encompass life insurance policies and annuity contracts, totaling $364.9 million and $2.26 billion, respectively. The profits generated from these sales serve as the foundation for community-based projects. Gcu engages in various charitable activities, such as fundraising, donating, and volunteering at homeless shelters, food banks, public libraries, day care centers, schools for the blind, homes for pregnant teens, and more. Additionally, Gcu is a significant benefactor to the Ss. Cyril & Methodius Byzantine Catholic Seminary in Pittsburgh, Pennsylvania, supporting the education of their priests.


Official website here: www.gcuusa.com

Is Gcu legitimate?

Gcu is a legitimate nonprofit organization registered as a 501(c)(8) entity. Gcu 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: $1,437,619
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,131,482

For more financial information, click here


Official website here: www.gcuusa.com

What is the mission statement of Gcu?

GCU, formerly known as the Greek Catholic Union of the USA, aims to offer financial and fraternal benefits to its members. The society provides a selection of annuity and insurance products to cater to the financial needs of its members. By generating profits from these sales, the organization engages in various community initiatives. These projects involve fundraising, donations, and volunteering at homeless shelters, food banks, public libraries, day care centers, schools for the blind, homes for pregnant teens, and more. Furthermore, GCU continues to support the Ss. Cyril & Methodius Byzantine Catholic Seminary in Pittsburgh, Pennsylvania, through substantial contributions, contributing to the education of their priests.


Official website here: www.gcuusa.com

Who is the CEO of Gcu?

Timothy Demetres is the Director of Gcu. The CEO's salary of Gcu is $379,402 and their total compensation is $398,311.


Official website here: www.gcuusa.com

What is the revenue of Gcu?

Gcu's revenue in 2022 was $502,684,689.


Official website here: www.gcuusa.com

Who are the executives of Gcu and what are their salaries?

The average compensation at Gcu during 2022 was $66,219. There are 69 employees and 1,350 volunteers at Gcu.

Here are 22 key members and their salaries (Gcu's CEO's salary is $379,402 and their total compensation is $398,311):

    George N Juba (President/Ceo)
  • Compensation: $379,402
  • Related: $0
  • Other: $18,909

    • Timothy Demetres (Cfo)
  • Compensation: $309,095
  • Related: $0
  • Other: $6,833

    • Scott Schuetz (Executive Vp & Coo)
  • Compensation: $260,913
  • Related: $0
  • Other: $6,833

    • William Schulok (Key Employee)
  • Compensation: $154,300
  • Related: $0
  • Other: $19,030

    • Jeremy Nichols (Key Employee)
  • Compensation: $142,951
  • Related: $0
  • Other: $19,150

    • Jeffrey Alan Long (Key Employee)
  • Compensation: $132,243
  • Related: $0
  • Other: $18,908

    • Basil Wahal (Key Employee)
  • Compensation: $107,285
  • Related: $0
  • Other: $18,908

    • John Peter Harbist (Key Employee)
  • Compensation: $102,147
  • Related: $0
  • Other: $18,908

    • Bryan T O'Shaughnessy (Key Employee)
  • Compensation: $101,844
  • Related: $0
  • Other: $18,908

    • Natalie R Ridgeway (Key Employee)
  • Compensation: $101,898
  • Related: $0
  • Other: $6,833

    • Theodore Trbovich (General Counsel)
  • Compensation: $82,188
  • Related: $0
  • Other: $0

    • Dorothy Foran (Director (Thru 10/31/22))
  • Compensation: $40,263
  • Related: $0
  • Other: $0

    • Barbara Kushner (Director (Thru 10/31/22))
  • Compensation: $39,563
  • Related: $0
  • Other: $0

    • Gregory N Vladika (Director)
  • Compensation: $38,368
  • Related: $0
  • Other: $0

    • George Kofel Jr (Director)
  • Compensation: $37,626
  • Related: $0
  • Other: $0

    • Father John Kachuba (Director)
  • Compensation: $31,974
  • Related: $0
  • Other: $0

    • Melanie Niskach Basl (Director)
  • Compensation: $30,942
  • Related: $0
  • Other: $0

    • John Oslick (Director)
  • Compensation: $30,942
  • Related: $0
  • Other: $0

    • John Urban (Director)
  • Compensation: $30,942
  • Related: $0
  • Other: $0

    • Lisa Gulibon (Director)
  • Compensation: $30,942
  • Related: $0
  • Other: $0

    • Michael Karaffa (Director)
  • Compensation: $30,942
  • Related: $0
  • Other: $0

    • David Oleksa (Director)
  • Compensation: $30,942
  • Related: $0
  • Other: $0


  • Official website here: www.gcuusa.com

    Where can I find the form 990 for Gcu?

    The Gcu’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gcuusa.com

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

    Mission Statement of Gcu

    GCU, or the Greek Catholic Union of the USA, is a mission-driven organization that offers financial and fraternal benefits to its members. The society's primary goal is to support its members, while also promoting education about Greek culture and heritage. In practice, GCU provides an array of annuity and insurance products tailored to meet the financial needs of its members.

    With the profits generated from these sales, GCU engages in various community projects. These projects encompass fundraising, donations, and volunteering efforts. Notably, the society contributes to homeless shelters, food banks, public libraries, day care centers, schools for the blind, homes for pregnant teens, and other charitable organizations. Aside from its monetary support, GCU members also dedicate their time and resources to these initiatives, making a tangible impact in their communities.

    Moreover, GCU is a significant benefactor to the SS. Cyril & Methodius Byzantine Catholic Seminary, which is located in Pittsburgh, Pennsylvania. The seminary is instrumental in educating the society's priests, ensuring the continuity of Greek Catholic faith and tradition. By supporting the seminary, GCU plays a crucial role in nurturing the next generation of religious leaders and preserving the rich history of Greek Catholicism.

    Impact

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




    Thursday, August 15, 2024

    GCU's impact is significant in providing financial and fraternal benefits to its members while also serving the community through various outreach programs. With over $364 million in life insurance policies and $2.2 billion in annuity contracts in force, GCU supports its members' financial needs. The profits from these sales are used to fund community projects like homeless shelters, food banks, libraries, and educational institutions. Additionally, GCU contributes to the education of priests through its support of the SS. Cyril & Methodius Byzantine Catholic Seminary in Pittsburgh, Pennsylvania.





    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: $111,847,511
  • Program Service Revenue: $390,540,810
  • Gross Receipts: $598,855,418

    • Assets and Liabilities:
  • Total Assets: $2,641,748,390
  • Total Liabilities: $2,422,264,760
  • Net Assets: $219,483,630
  • Programs

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

    FRATERNAL INSURANCE PREMIUMS AND

    Revenue

    $387,392,334

    AMORTIZATION OF INTEREST MAINTENA

    Revenue

    $1,903,219

    COMMISSIONS ON REINSURANCE

    Revenue

    $869,813

    PENSION PLAN INCOME

    Revenue

    $375,364

    VOLUNTARY MEMBERSHIP DUES

    Revenue

    $80

    Organization Details

    Founding Year

    1893

    Principal Officer

    Timothy Demetres

    Main Address

    5400 TUSCARAWAS ROAD, BEAVER, PA, 15009

    NTEE Category

    Code: X22 - Religion related

    If you are a representative of Gcu 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.