Overview
What is Uncle Credit Union?
Uncle Credit Union is a cooperative based in Livermore, California, with the address 2100 LAS POSITAS COURT. Established to promote thrift and savings among its members, it offers an opportunity for them to access credit at rates determined by the board of directors. By the end of 2022, the credit union had served 36,616 members, managing 36,816 deposit accounts and granting 17,172 loans. As a cooperative, Uncle Credit Union operates for the mutual benefit and general welfare of its members, distributing earnings, savings, benefits, or services back to its patrons. With a team of 150 employees, it continues to improve the economic and social conditions of its members.
Official website here: www.unclecu.org
Is Uncle Credit Union legitimate?
Uncle Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Uncle 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: $3,102,754
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,772,124
For more financial information, click here
Official website here: www.unclecu.org
What is the mission statement of Uncle Credit Union?
Uncle Credit Union is a cooperative established to encourage savings among its members and provide them with affordable credit. The organization operates on democratic principles, enabling its members to control their own money and improve their economic and social conditions. The cooperative conducts its business for the mutual benefit and general welfare of its members. The earnings, savings, benefits, or services of the credit union are distributed back to its members as patronage.
Official website here: www.unclecu.org
Who is the CEO of Uncle Credit Union?
Harold Roundtree is the Ceo/ President of Uncle Credit Union. The CEO's salary of Uncle Credit Union is $1,324,104 and their total compensation is $1,804,253.
Official website here: www.unclecu.org
What is the revenue of Uncle Credit Union?
Who are the executives of Uncle Credit Union and what are their salaries?
The average compensation at Uncle Credit Union during 2022 was $59,166. There are 150 employees and 11 volunteers at Uncle Credit Union.
Here are 19 key members and their salaries (Uncle Credit Union's CEO's salary is $1,324,104 and their total compensation is $1,804,253):
- Harold Roundtree (Ceo/ President)
- James Fisher (Svp/Cto)
- Gina Bloomfield (Svp/Controller)
- Andrea F Johnson (Svp/Coo)
- Terry Bishop (Svp/Cfo)
- Andrea Brooks (Vp Compliance & Audit)
- April Ingram (Svp/Cpo)
- Parker K Luciano (Avp Indirect Lending)
- Chung Bothwell (Chairman) [Trustee/Director]
- Neda Gray (Vice Chairperson) [Trustee/Director]
- Lyudmila Shapovalov (Treasurer) [Trustee/Director]
- Clay Smith (Secretary) [Trustee/Director]
- John Stein (Director)
- Lee Neely (Director)
- Ivan Corey (Director)
- Hugh Bussell (Director)
- John Freeman (Director)
- Robin Morris (Director)
- Peter Goldstein (Director)
Official website here: www.unclecu.org
Where can I find the form 990 for Uncle Credit Union?
The Uncle Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.unclecu.org
Learn more at the official website: www.unclecu.org
Mission Statement of Uncle Credit Union
Uncle Credit Union, a cooperative with a noble purpose, is dedicated to encouraging thrift and savings among its members. By bringing together individuals with a common goal, this organization creates a valuable source of credit, offering favorable interest rates determined by its Board of Directors. The democratic nature of Uncle Credit Union empowers its members to make informed decisions regarding their own finances, allowing them to improve both their economic and social conditions.
As a cooperative, Uncle Credit Union operates with the mutual benefit and overall welfare of its members in mind. The organization's earnings, savings, benefits, and services are distributed back to its members, acting as a patronage system. In essence, Uncle Credit Union exists to create a supportive financial community where members can pool their resources and collectively reap the rewards. By providing affordable credit and financial opportunities, Uncle Credit Union aims to help its members achieve financial stability and prosperity.
In summary, Uncle Credit Union is an inclusive financial cooperative that promotes the collective savings and thriving of its members. It offers its members competitive interest rates on loans and a democratic opportunity to control their finances. By distributing profits back to its members, Uncle Credit Union fosters a thriving financial community that empowers individuals to improve their economic and social conditions.
Impact
This information is meant to be a general summary of Uncle Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Uncle Credit Union's impact can be seen in the promotion of thrift and savings among its members, as well as the provision of a source of credit at competitive interest rates. With 36,816 deposit accounts serving 36,616 members and 17,172 loans made to members in 2022, Uncle Credit Union is playing a vital role in improving the economic and social conditions of its members in Livermore, California. As a cooperative, the credit union operates for the mutual benefit and general welfare of its members, with earnings, savings, benefits, or services being distributed back to its patrons. This model ensures that Uncle Credit Union is dedicated to empowering its community and fostering financial well-being on a democratic basis.
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.
INTEREST ON LOANS
Revenue
$20,813,539
OTHER OPERATING INCOME
Revenue
$3,895,497
FEE INCOME
Revenue
$3,679,306
Organization Details
Founding Year
1957
Phone
(925) 447-5001
Principal Officer
Harold Roundtree
Main Address
2100 LAS POSITAS COURT, LIVERMORE, CA, 94551
Website
www.unclecu.org
NTEE Category
Code: W60 - Public benefit
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