Overview

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Est.

2001

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Mutual Security Credit Union Inc (EIN: 06-0701899) is a nonprofit organization dedicated to promoting the economic well-being of its members through a diverse range of innovative financial products, including consumer loans and savings accounts. With an operating budget of $18.9 million and total revenue of $20.2 million for the filing year 2024, MSCU operates in a personalized environment supported by a professional staff and dedicated volunteers. More information about their offerings can be found on their website, MSCU.NET.

Mission Statement

THE MISSION OF MUTUAL SECURITY CREDIT UNION (MSCU) IS TO PROMOTE THE ECONOMIC WELL BEING OF ITS MEMBERS BY PROVIDING A BROAD RANGE OF INNOVATIVE FINANCIAL PRODUCTS. THESE PROGRAMS WILL BE ADMINISTERED IN A PERSONALIZED ENVIRONMENT BY A PROFESSIONAL STAFF AND DEDICATED VOLUNTEERS. MSCU OFFERS MEMBERS VARIOUS CONSUMER LOAN PRODUCTS (PERSONAL, AUTO, 1ST & 2ND MORTGAGES, HOME EQUITY LINES OF CREDIT, SMART ENERGY LOANS, VISA CREDIT CARDS).MSCU ALSO OFFERS MEMBERS VISA CHECK/DEBIT CARDS AS WELL AS VARIOUS SAVINGS, CERTIFICATES & CHECKING ACCOUNTS
Revenues
$20.2M
Expenses
$18.9M
Net Income:
+$1.3M
Assets
$355M
Liabilities
$323.5M
Net Assets:
+$31.5M
Operating Budget
$18.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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H
Henry Baum
Board Member
C
Charles Okyere
Board Member
R
Robert Marages
Board Member

Frequently Asked Questions

What is MUTUAL SECURITY CREDIT UNION INC’s budget?
In 2024, MUTUAL SECURITY CREDIT UNION INC reported an annual operating budget of around $18.9 million. More detailed financial information is available to registered users.
What causes does MUTUAL SECURITY CREDIT UNION INC support?
MUTUAL SECURITY CREDIT UNION INC supports work in Credit unions.
Where does MUTUAL SECURITY CREDIT UNION INC operate?
MUTUAL SECURITY CREDIT UNION INC is headquartered in Shelton, CT.