Overview
What is World Council Of Credit Unions Inc?
The World Council of Credit Unions Inc, based in Madison, Wisconsin, is a leading international advocacy organization dedicated to promoting financial inclusion and empowering underserved populations through the credit union and cooperative model. Since its inception in 1971, WOCCU has been a pioneer in the global credit union movement, bringing affordable financial services to individuals in developing countries. As the global voice for credit unions and cooperative financial institutions, WOCCU works to strengthen and expand the reach of these institutions, providing tools, resources, and networking opportunities. With a focus on financial inclusion, WOCCU has demonstrated capabilities in serving remote and rural areas, supporting communities at risk, advancing women's entrepreneurship and economic empowerment, promoting inclusive market systems, and encouraging enabling regulatory systems. WOCCU's workforce of 44 employees is dedicated to improving financial management and delivering fairly priced financial services to millions of poor and low-income people, restructuring after disasters, establishing new credit union systems, and advocating for legislative reform and regulatory system development.
Official website here: www.woccu.org
Is World Council Of Credit Unions Inc legitimate?
World Council Of Credit Unions Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. World Council Of 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,266,834
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,028,430
For more financial information, click here
Official website here: www.woccu.org
What is the mission statement of World Council Of Credit Unions Inc?
The World Council of Credit Unions Inc is dedicated to expanding financial inclusion worldwide by fostering a thriving and growing global credit union movement. Through international advocacy, development, education, and networking, the organization empowers underserved populations and promotes equitable and resilient communities. Since its inception in 1971, the World Council of Credit Unions (WOCCU) has been a leading voice for credit unions and cooperative financial institutions on a global scale, advocating for affordable, available, and accessible financial services. WOCCU's core capabilities center around providing millions of poor and low-income individuals access to a wide range of financial services through credit unions, despite the challenges posed by their environments. In recent years, WOCCU has demonstrated expertise in financial inclusion, serving remote and rural areas, supporting at-risk communities, advancing women's entrepreneurship, promoting inclusive market systems, and encouraging enabling regulatory systems. Additionally, WOCCU offers innovative technology solutions and technical assistance programs to strengthen the financial management of credit unions and financial cooperatives and deliver fairly priced financial services to a large number of individuals.
Official website here: www.woccu.org
Who is the CEO of World Council Of Credit Unions Inc?
Elissa Mccarter Laborde is the Chair of World Council Of Credit Unions Inc. The CEO's salary of World Council Of Credit Unions Inc is $431,822 and their total compensation is $493,896.
Official website here: www.woccu.org
What is the revenue of World Council Of Credit Unions Inc?
World Council Of Credit Unions Inc's revenue in 2022 was $16,081,976.
Official website here: www.woccu.org
Who are the executives of World Council Of Credit Unions Inc and what are their salaries?
The average compensation at World Council Of Credit Unions Inc during 2022 was $120,347. There are 44 employees and 10 volunteers at World Council Of Credit Unions Inc.
Here are 24 key members and their salaries (World Council Of Credit Unions Inc's CEO's salary is $431,822 and their total compensation is $493,896):
- Elissa Mccarter Laborde (Ceo)
- Paul Treinen (Executive Vp)
- Andrew Price (General Counsel And Vp Of Advocacy)
- Ukeme Falade (Cfo)
- Oscar Guzman (Regional Director)
- Roger Moyes (Chief Of Party)
- Panya Monford (Asst General Counsel)
- Megan O'Donnell (Vp Of Financial Inclusion)
- Melissa Varnado (Head Of Operations)
- Diana Dykstra (Chair) [Trustee/Director]
- Michael Lawrence (Vice Chair/Secretary) [Trustee/Director]
- George Ototo (Treasurer) [Trustee/Director]
- Younsik Kim (Chair Of Covid-19 Committee) [Trustee/Director]
- Joseph Thomas (Us Advocacy Ad Hoc Committee Chair) [Trustee/Director]
- Jaime Chavez Suarez (Director)
- Manfred Alfonso Dasenbrock (Director)
- Carla Cicero (Director)
- Charles Murphy (Director)
- Dallas Bergl (Director)
- Linda Bowyer (Director)
- Joseph Remy (Director)
- Jeff Guthrie (Director)
- Rafal Matusiak (Director)
- Martha Durdin (Director)
Official website here: www.woccu.org
Where can I find the form 990 for World Council Of Credit Unions Inc?
The World Council Of Credit Unions Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.woccu.org
Learn more at the official website: www.woccu.org
Mission Statement of World Council Of Credit Unions Inc
The World Council of Credit Unions Inc, also known as WOCCU, is a leading advocate for financial inclusion worldwide. With a mission to promote more equitable and resilient communities, WOCCU empowers underserved populations by leveraging the credit union and cooperative model. Since its inception in 1971, WOCCU has been a beacon for the global credit union movement, bringing affordable financial services to individuals in developing countries.
As the global voice for credit unions and cooperative financial institutions, WOCCU's core capabilities are grounded in its commitment to providing millions of poor and low-income people access to a range of financial services through credit unions, regardless of the challenges posed by their surroundings. WOCCU has proven its capabilities in financial inclusion, serving remote and rural areas, supporting communities at risk, advancing women's entrepreneurship and economic empowerment, promoting inclusive market systems, and encouraging enabling regulatory systems. Additionally, WOCCU restructures after disasters, establishes new credit union systems, and advocates for legislative reform and regulatory system development.
Innovative technology solutions and technical assistance programs are key components of WOCCU's offerings. These programs equip credit unions and other types of financial cooperatives with the tools and techniques necessary to strengthen their financial management and deliver fairly priced financial services to large numbers of poor and low-income people. By championing financial inclusion, WOCCU plays a vital role in creating more equitable and resilient communities around the world.
Impact
This information is meant to be a general summary of World Council Of Credit Unions Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The World Council of Credit Unions Inc's impact can be seen in its efforts to expand financial inclusion worldwide through a vibrant and growing global credit union movement. Since 1971, the organization has been a leader in bringing access to affordable financial services to individuals in developing countries. Through international advocacy, development, education, and networking, the World Council of Credit Unions empowers underserved populations and promotes more equitable and resilient communities.
Their work includes serving remote and rural areas, supporting communities at risk, advancing women's entrepreneurship and economic empowerment, promoting inclusive market systems, and encouraging enabling regulatory systems. They also assist in restructuring after disasters, establishing new credit union systems, and encouraging legislative reform and regulatory system development.
By offering innovative technology solutions and technical assistance programs, the World Council of Credit Unions equips credit unions and other financial cooperatives with the tools and techniques necessary to strengthen their financial management and deliver fairly priced financial services to a large number of poor and low-income people. Overall, their mission is to promote more equitable and resilient communities through financial inclusion powered by credit unions and financial cooperatives.
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.
MEMBERSHIP DUES
Revenue
$2,585,156
REGISTRATION FEE REVENUE
Revenue
$2,542,927
DEVELOPMENT PROGRAMS
Revenue
$227,674
Organization Details
Founding Year
1970
Phone
(608) 395-2000
Principal Officer
Elissa Mccarter Laborde
Main Address
1010 E WASHINGTON AVE 306, MADISON, WI, 53703
Website
www.woccu.org
NTEE Category
Code: S41 - Community improvement
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