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Worldwide Foundation For Credit Unions Inc

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

EIN: 396093210 ✦ Madison, WI ✦ Designated as a 501(c)(3)

Overview

What is Worldwide Foundation For Credit Unions Inc?

Worldwide Foundation For Credit Unions Inc, based in Madison, Wisconsin, is a nonprofit organization dedicated to fostering financial inclusion globally. They aim to bridge gaps in the growth of credit unions worldwide and ensure universal access to financial services for over a billion lives. In response to the crisis in Ukraine, they established the Ukrainian Credit Union Displacement Fund, providing short-term relief and long-term recovery support to Ukraine's credit union system. Their mission encompasses advancing financial inclusion, reducing disparities in global credit union development, and supporting credit unions undergoing hardships.


Official website here: www.doglobalgood.org

Is Worldwide Foundation For Credit Unions Inc legitimate?

Worldwide Foundation For Credit Unions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worldwide Foundation For 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 tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.doglobalgood.org

What is the mission statement of Worldwide Foundation For Credit Unions Inc?

The Worldwide Foundation for Credit Unions Inc., abbreviated as WFCU, is dedicated to promoting financial inclusion globally. Their mission is to reduce gaps in the advancement of credit union growth and ensure universal access to financial services for over a billion lives. To achieve this, WFCU provides pathways to facilitate the growth of credit unions worldwide, thereby contributing to financial inclusion on a global scale. In response to a crisis, WFCU demonstrated its commitment by establishing the Ukrainian Credit Union Displacement Fund following the events in Ukraine on February 27th. This fund aims to provide short-term relief and long-term recovery support for Ukraine's credit union system, marking WFCU's most substantial effort in international credit union disaster relief work to date.


Official website here: www.doglobalgood.org

Who is the CEO of Worldwide Foundation For Credit Unions Inc?

Elissa Mccarter Laborde is the Chair of Worldwide Foundation For Credit Unions Inc. The CEO's salary of Worldwide Foundation For Credit Unions Inc is $0 and their total compensation is $493,896.


Official website here: www.doglobalgood.org

What is the revenue of Worldwide Foundation For Credit Unions Inc?

Worldwide Foundation For Credit Unions Inc's revenue in 2022 was $4,076,412.


Official website here: www.doglobalgood.org

Who are the executives of Worldwide Foundation For Credit Unions Inc and what are their salaries?

Here are 12 key members and their salaries (Worldwide Foundation For Credit Unions Inc's CEO's salary is $0 and their total compensation is $493,896):

    Elissa Mccarter Laborde (President & Ceo)
  • Compensation: $0
  • Related: $431,822
  • Other: $62,074

    • Michael Reuter (Executive Director)
  • Compensation: $0
  • Related: $136,656
  • Other: $11,732

    • Bill Cheney (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Crystal Long (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Mitchell (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dallas Bergl (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Manfred Alfonso Dasenbrock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Caldarelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raj Bandaru (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dwayne Naylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Renee Sattiewhite (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.doglobalgood.org

    Where can I find the form 990 for Worldwide Foundation For Credit Unions Inc?

    The Worldwide Foundation For Credit Unions Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.doglobalgood.org

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

    Mission Statement of Worldwide Foundation For Credit Unions Inc

    The Worldwide Foundation for Credit Unions Inc is committed to advancing financial inclusion globally by bridging gaps in the growth of credit unions. Their mission is to create pathways that facilitate the reduction of barriers in the progression of global credit union development and universal access to financial services, aiming to positively impact over a billion lives. To achieve this goal, the foundation has undertaken various initiatives, one of which is the Disaster Relief Project Storm Break: Ukraine Response. On February 27th, the foundation established and deployed the Ukrainian Credit Union Displacement Fund to address the short-term relief and long-term recovery needs of Ukraine's credit union system, which is currently facing a crisis. This project marks the largest effort by the foundation through its international credit union disaster relief work to support a credit union system in crisis.

    Impact

    This information is meant to be a general summary of Worldwide Foundation For Credit Unions Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Worldwide Foundation For Credit Unions Inc is making a significant impact in advancing financial inclusion globally by reducing gaps in credit union growth. One notable example of their impact is their response to the crisis in Ukraine through the creation and deployment of the Ukrainian Credit Union Displacement Fund as part of Project Storm Break. This initiative aimed to support the short-term relief and long-term recovery needs of Ukraine's credit union system. This effort stands as the largest undertaken by the foundation in its international credit union disaster relief work, demonstrating their commitment to supporting credit unions experiencing crises. Through its mission to provide pathways for global credit union growth and universal access to financial inclusion, Worldwide Foundation For Credit Unions Inc is making a difference in the lives of many around the world.





    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: $0
  • Program Service Revenue: $41,550
  • Gross Receipts: $4,076,412

    • Assets and Liabilities:
  • Total Assets: $5,234,789
  • Total Liabilities: $1,912,137
  • Net Assets: $3,322,652
  • Programs

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

    EDUCATIONAL RECEPTIONS

    Revenue

    $41,550

    Organization Details

    Founding Year

    1965

    Principal Officer

    Elissa Mccarter Laborde

    Main Address

    1010 E WASHINGTON AVE 306, MADISON, WI, 53703

    NTEE Category

    Code: Q123 - International

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