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EIN 16-1527073

New York Credit Union Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Albany
State
New York
Year formed
1959
Most recent tax filings
2023-12-01
NTEE code, primary
T30: Public Foundations
Description
NY-based foundation fostering financial independence through credit unions. Supports financial literacy with grants for training, stability, savings, and responsible spending.
Total revenues
$171,122
2023
Total expenses
$250,369
2023
Total assets
$1,172,585
2023
Num. employees
0
2023

Program areas at New York Credit Union Foundation

Grantmaking programs include professional development grants, financial fitness grants and smart money grants. Professional development grants provide funds for the education and training of Credit Union employees and volunteers. Financial fitness grants help fund general operating needs of Credit unions that will ultimately help improve member service. Smart money grants help fund programs and services that promote financial literacy and independence.

Who funds New York Credit Union Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Credit Union FoundationCommunity Investment Fund Grant$45,699
NYCUA ChaptersCharitable Donation$9,050
AmazonSmile FoundationGeneral Support$110

Personnel at New York Credit Union Foundation

NameTitleCompensation
Edward KovalefskyChief Financial Officer
Laurie WiestChairperson$0
Kaleb WilsonVice Chairperson$0
Carol AllenTreasurer$0
John FeltonChairperson$0
...and 6 more key personnel

Financials for New York Credit Union Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$218,309
Program services$0
Investment income and dividends$39,317
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-116,941
Net income from fundraising events$30,437
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$171,122

Form 990s for New York Credit Union Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-13990View PDF
2022-122023-08-31990View PDF
2021-122022-11-07990View PDF
2020-122021-08-04990View PDF
2019-122021-02-09990View PDF
...and 9 more Form 990s
Data update history
July 14, 2024
Updated personnel
Identified 3 new personnel
July 8, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 1, 2024
Received grants
Identified 1 new grant, including a grant for $9,050 from NYCUA Chapters
October 23, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 23, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsCredit unionsCommunity service nonprofitsCharities
Issues
Community improvement
Characteristics
Funds one specific organizationProvides grantsFundraising eventsState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 15118
Albany, NY 12212
Metro area
Albany-Schenectady-Troy, NY
County
Albany County, NY
Website URL
nycuf.org/ 
Phone
(800) 342-9835
IRS details
EIN
16-1527073
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1959
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
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