Credit Unions In The State Of New Mexico

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

EIN: 850153938 ✦ Santa fe, NM ✦ Designated as a 501(c)(14)

Overview

What is Credit Unions In The State Of New Mexico?

Guadalupe Credit Union, based in Santa Fe, New Mexico, is a state-chartered credit union with a community development and low-income designation. With a team of 131 employees, they offer financial services to their members in accordance with the New Mexico Credit Union Act. As a certified development credit union, they focus on serving and improving the economic condition of their community.


Official website here: www.guadalupecu.org

Is Credit Unions In The State Of New Mexico legitimate?

Credit Unions In The State Of New Mexico is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions In The State Of New Mexico 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: $770,180
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,677,070

For more financial information, click here


Official website here: www.guadalupecu.org

What is the mission statement of Credit Unions In The State Of New Mexico?

A group of credit unions in New Mexico operate under the New Mexico Credit Union Act, offering financial services to their members as stipulated by the act. One such credit union, Guadalupe Credit Union, holds certifications as a Community Development credit union and a low income designation by the CDFI Fund. The mission of these New Mexico credit unions is to provide financial services to their members in accordance with the state charter, promoting economic opportunities and financial inclusion within their communities. They aim to empower their members to improve their financial well-being and achieve financial stability through accessible and affordable financial services.


Official website here: www.guadalupecu.org

Who is the CEO of Credit Unions In The State Of New Mexico?

Tanya Romero-Sturgeon is the Chief Operations Officer/Senior Vice-President of Credit Unions In The State Of New Mexico. The CEO's salary of Credit Unions In The State Of New Mexico is $260,565 and their total compensation is $271,146.


Official website here: www.guadalupecu.org

What is the revenue of Credit Unions In The State Of New Mexico?

Credit Unions In The State Of New Mexico's revenue in 2022 was $16,701,986.


Official website here: www.guadalupecu.org

Who are the executives of Credit Unions In The State Of New Mexico and what are their salaries?

The average compensation at Credit Unions In The State Of New Mexico during 2022 was $41,582. There are 131 employees and 10 volunteers at Credit Unions In The State Of New Mexico.

Here are 11 key members and their salaries (Credit Unions In The State Of New Mexico's CEO's salary is $260,565 and their total compensation is $271,146):

    Winona Nava (Ceo)
  • Compensation: $260,565
  • Related: $0
  • Other: $10,581

    • Tanya Romero (Chief Operations Officer/Senior Vice-President)
  • Compensation: $132,696
  • Related: $0
  • Other: $14,776

    • James Tresidder (Vice President Of Information Technology & Facilities)
  • Compensation: $109,422
  • Related: $0
  • Other: $17,040

    • Maria Vigil (Chief Human Resource Officer)
  • Compensation: $112,214
  • Related: $0
  • Other: $9,870

    • Michelle Lowrie (Vice President Of Accounting)
  • Compensation: $113,953
  • Related: $0
  • Other: $2,929

    • Diane Sandoval-Griego (Chief Financial Empowerment & Marketing Officer)
  • Compensation: $94,351
  • Related: $0
  • Other: $18,155

    • Linda Medina (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryan Maestas (Board Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gladys Cobos-Romero (Board Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carmen Dominguez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roberta Armijo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.guadalupecu.org

    Where can I find the form 990 for Credit Unions In The State Of New Mexico?

    The Credit Unions In The State Of New Mexico’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.guadalupecu.org

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

    Mission Statement of Credit Unions In The State Of New Mexico

    Guadalupe Credit Union, a New Mexico-based credit union, is dedicated to delivering financial services to its members in accordance with the New Mexico Credit Union Act. As a certified development and low income designated credit union, this nonprofit organization holds a special status that allows it to prioritize serving communities that may have limited access to traditional banking services.

    The mission of Guadalupe Credit Union is anchored in the New Mexico Credit Union Act. In simple terms, it is a financial cooperative that exists to serve its members. The credit union's commitment to community development and low-income designation further underscores its dedication to empowering individuals and families by providing essential financial services. The organization's certification as a Community Development credit union by the CDFI Fund is a testament to its unwavering commitment to serving its community.

    Impact

    This information is meant to be a general summary of Credit Unions In The State Of New Mexico. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Credit Unions In The State Of New Mexico, particularly represented by Guadalupe Credit Union, plays a significant role in providing financial services to its members in accordance with the New Mexico Credit Union Act. As a certified Community Development credit union with a low-income designation, it serves a vital role in supporting the financial needs of individuals and communities in Santa Fe and the broader state of New Mexico. By offering essential financial services and resources, Credit Unions In The State Of New Mexico positively impacts the financial well-being and stability of its members, contributing to economic empowerment and resilience in the region.





    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: $1,170,453
  • Program Service Revenue: $14,482,610
  • Gross Receipts: $22,278,684

    • Assets and Liabilities:
  • Total Assets: $258,363,519
  • Total Liabilities: $230,434,157
  • Net Assets: $27,929,362
  • Programs

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

    Loan Interest

    Revenue

    $9,545,876

    Loan Service Charges

    Revenue

    $608,173

    Other Service Charges

    Revenue

    $4,328,561

    Organization Details

    Founding Year

    1948

    Principal Officer

    Tanya Romero-Sturgeon

    Main Address

    2019 GALISTEO STREET SUITE K-1, SANTA FE, NM, 87505

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Credit Unions In The State Of New Mexico 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.