National Institute For State Credit Union Examination
- Assets
- $315.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 07/1983
- Data as of
- 12/2023
- EIN
- 54-1205520
Organization Overview
National Institute For State Credit Union Examination is located in Arlington, VA. The organization was established in 1983. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Institute For State Credit Union Examination 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 12/2023, National Institute For State Credit Union Examination generated $159.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $214.0k during the year ending 12/2023. While expenses have increased by 9.8% per year over the past 8 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE EDUCATIONAL ACTIVITIES ARE TARGETED TOWARD THE CONTINUED PROFESSIONAL DEVELOPMENT OF STATE CREDIT UNION EXAMINERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Bienvenu Chairman | 0.5 | $0 | |
Doug Ferraro Secretary/treasurer | 0.5 | $0 | |
Tom Fite Trustee | 0.25 | $0 | |
Julie Kreinbring Trustee | 0.25 | $0 | |
Brian Knight President | 1 | $0 | |
Douglas Mcguckin Chief Financial Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,644 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,000 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $159,644 |
| 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 | $1,415 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,545 |
| Total expenses | $213,953 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $225,325 |
| Other assets | $0 |
| Total assets | $315,846 |
| Total liabilities | $0 |
| Net assets or fund balances | $315,846 |