Harvesters Credit Union

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

EIN: 590650050 ✦ Cantonment, FL ✦ Designated as a 501(c)(14)

Overview

What is Harvesters Credit Union?

Harvesters Credit Union is a financial institution located in Cantonment, Florida, with a mission to encourage savings among its members. The credit union offers competitive savings products such as savings, checking, certificate of deposit accounts, and Individual Retirement Account (IRA) savings. Additionally, they provide loans for various consumer and mortgage needs at reasonable interest rates. The credit union caters to residents in Escambia, Santa Rosa, Okaloosa, Walton, and Bay counties in Florida.


Is Harvesters Credit Union legitimate?

Harvesters Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Harvesters 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: $2,391,337
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,513,938

For more financial information, click here


What is the mission statement of Harvesters Credit Union?
Who is the CEO of Harvesters Credit Union?
What is the revenue of Harvesters Credit Union?
Who are the executives of Harvesters Credit Union and what are their salaries?

The average compensation at Harvesters Credit Union during 2022 was $52,259. There are 113 employees and 13 volunteers at Harvesters Credit Union.

Here are 25 key members and their salaries (Harvesters Credit Union's CEO's salary is $363,956 and their total compensation is $363,956):


Where can I find the form 990 for Harvesters Credit Union?

Mission Statement of Harvesters Credit Union

Harvesters Credit Union, a mission-driven financial institution, strives to encourage savings among its members and functions as a reliable source of credit at fair interest rates. In fulfilling this purpose, the credit union offers a range of savings products, such as savings, checking, Individual Retirement Account (IRA) savings, and Certificate of Deposit (CD) accounts. By providing these savings options, Harvesters Credit Union aims to help its members build financial security and save for the future.

To cater to the diverse financial needs of its members, Harvesters Credit Union also offers various consumer and mortgage lending products. These lending solutions are presented at reasonable rates of interest, ensuring accessibility to credit for those in need. By doing so, the credit union not only promotes thrift but also extends a helping hand to its members during times of financial need.

In summary, Harvesters Credit Union is dedicated to fostering savings among its members and serving as a trusted credit provider at fair rates. Through its extensive selection of savings and lending products, the credit union empowers its members to save for their futures and meet their financial goals.

Impact

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




Thursday, August 15, 2024

Harvesters Credit Union's impact is significant in promoting thrift among its members and providing them with access to credit at legitimate rates of interest. By offering competitive savings products such as savings accounts, checking accounts, certificates of deposit, and IRA options, the credit union helps its members build financial stability and security. Additionally, Harvesters Credit Union supports its members' financial needs by offering various consumer and mortgage lending products at reasonable rates, helping them achieve their goals and aspirations. Overall, Harvesters Credit Union plays a crucial role in fostering financial health and empowerment within the communities it serves.





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: $196,422
  • Program Service Revenue: $12,005,329
  • Gross Receipts: $18,809,034

    • Assets and Liabilities:
  • Total Assets: $307,199,690
  • Total Liabilities: $289,149,079
  • Net Assets: $18,050,611
  • Programs

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

    Interest on Loans

    Revenue

    $12,005,329

    Organization Details

    Founding Year

    2021

    Principal Officer

    Keith Golden

    Main Address

    480 S Highway 29, Cantonment, FL, 32533

    NTEE Category

    Code: Z99 - Unknown

    If you are a representative of Harvesters Credit Union 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.