New Jersey Credit Union Foundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Windsor, NJ
- Founding
- 06/2007
- Data as of
- 12/2020
- EIN
- 34-1997302
Organization Overview
New Jersey Credit Union Foundation is located in East Windsor, NJ. The organization was established in 2007. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. New Jersey Credit Union Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, New Jersey Credit Union Foundation generated $49.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $44.5k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
AWARDED GRANTS TO PROVIDE FINANCIAL LITERACY EDUCATION, TECHNICAL ASSISTANCE TO SMALL CREDIT UNIONS AND SUPPORT EDUCATIONAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hou Chairman | 1 | $0 | |
Eileen Crean Member | 1 | $0 | |
Gary Chizmadia Member | 1 | $0 | |
Sandra L Albertson Member | 1 | $0 | |
Michael Powers Vice Chairman | 1 | $0 | |
Annemarie Shinn Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,998 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $651 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,768 |
| Other Revenue | $12,314 |
| Total Revenue | $49,731 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $18,825 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,631 |
| Total expenses | $44,456 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
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|---|---|---|
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Lancaster Red Rose Credit Union Leola, PA | $62,862,077 | $1,412,692 |
Erie County Employees Credit Union Buffalo, NY | $31,560,281 | $1,063,242 |
Bucks County Employees Credit Union Doylestown, PA | $45,426,450 | $934,500 |
First Credit Union Of Scranton Scranton, PA | $20,794,231 | $508,371 |
Reading Berks School Employees Credit Union Reading, PA | $18,780,055 | $336,982 |
Spojnia Credit Union Scranton, PA | $15,054,981 | $341,909 |
Education Credit Union Council Inc Corning, NY | $206,348 | $155,872 |