Credit Union National Association Inc

Organization Overview

Credit Union National Association Inc is located in Washington, DC. The organization was established in 1971. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Credit Union National Association Inc employed 299 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Credit Union National Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Credit Union National Association Inc generated $69.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $74.9m during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CREDIT UNION NATIONAL ASSOCIATION, INC. IS A NATIONAL TRADE ASSOCIATION FOR CREDIT UNIONS ORGANIZED TO SUPPORT, PROTECT, UNIFY AND ADVANCE THE GOALS AND PURPOSES OF THE CREDIT UNION SYSTEM. IT PROVIDES LEGISLATIVE, RESEARCH, PUBLIC RELATIONSHIP, EDUCATIONAL, AND SERVICES DEVELOPMENT SUPPORT FOR THE CREDIT UNION SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADVOCACY - PROVIDES REGULATORY, LEGISLATIVE AND ADVOCACY SUPPORT IN WASHINGTON DC FOR THE CREDIT UNION MEMBERSHIP.


ASSOCIATION SERVICES - PROVIDES TRAINING, EDUCATION AND ANNUAL CONFERENCE FOR CREDIT UNION STAFF AND ITS MEMBERS.


BUSINESS & CONSUMER PUBLISHING - PROVIDES MAGAZINE AND NEWSLETTER PUBLICATIONS, RESEARCH SERVICES, AND OTHER PRODUCTS AND SERVICES FOR CREDIT UNION STAFF AND ITS MEMBERS.


SALES & MARKETING, CU DEVELOPMENT


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$7,922,819
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,922,819
Total Program Service Revenue$50,931,001
Investment income $1,170,392
Tax Exempt Bond Proceeds $0
Royalties $42,017
Net Rental Income $0
Net Gain/Loss on Asset Sales $736,781
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,079,887
Miscellaneous Revenue$0
Total Revenue $69,543,852

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Credit Union National Association Inc has recieved totaling $183,354.

Awarding OrganizationAmount
Wisconsin Credit Union League Inc

Madison, WI

PURPOSE: POLITICAL EXPENDITURES

$84,477
Credit Unions In The State Of Washington

Richland, WA

PURPOSE: CREDIT UNION AWARENESS CAMPAIGN

$33,333
Ih Mississippi Valley Credit Union

Moline, IL

PURPOSE: CORPORATE DONATION

$25,000
National Credit Union Foundation Inc

Madison, WI

PURPOSE: FICEP SCHOLARSHIPS

$25,000
Michigan Credit Union Foundation

Plymouth, MI

PURPOSE: FINANCIAL COUNSELING CERTIFICATION PROGRAM

$9,367
Southeastern Credit Union Foundation Inc

Tallahassee, FL

PURPOSE: COUNSELING CERTIFICATION PROGRAM SUPPORT

$6,177
View Grant Recipient Profile

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