Nonprofit · EIN 16-1527073
NEW YORK CREDIT UNION FOUNDATION
Tax-exempt · ALBANY, NY 12212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $321,776 | $256,251 | $65,525 | $1,238,380 | $16,249 | $1,222,131 |
| December 31, 2023 | 990 | $171,122 | $250,369 | -$79,247 | $1,172,585 | $98,159 | $1,074,426 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $237,435
- Program service revenue
- $0
- Investment income
- $49,153
- Net gain from sales of assets
- -$878
- Net income from fundraising events
- $35,188
- Other revenue
- $35,188
Expenses
- Grants and similar amounts paid
- $168,080
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $15,000
- Program services (functional)
- $238,146
- Management and general (functional)
- $11,202
- Fundraising (functional)
- $6,903
Balance sheet and other
- Total assets, start of year
- $1,172,585
- Total assets, end of year
- $1,238,380
- Total liabilities, end of year
- $16,249
- Net assets, end of year
- $1,222,131
- Publicly traded securities
- $465,619
- Net assets without donor restrictions
- $1,186,406
- Net assets with donor restrictions
- $35,725
- Gross receipts
- $899,344
- Employees
- 0
- Volunteers
- 15
- Year formed
- 1959
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM MELLIN | PRESIDENT / CEO Trustee or director, Officer | 1 | $0 | $608,742 | $4,771 |
| EDWARD KOVALEFSKY | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $222,200 | $779 |
| CHRISTOPHER PAJAK | COO - ASSOCIATION SERVICES Officer | 1 | $0 | $199,454 | $8,846 |
| SHELBY BASKIN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CRAIG BOOTH | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| AMY CALABRESE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| TWANDA CHRISTENSEN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ERIC HEPKINS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JAMES LANGER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| KEVIN MIETLICKI | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| KATHRYA PIERRE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTINA SAUVE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| DOMENIC VERO | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LAURAN WILSON | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD YEAGER | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIMOTHY BRUCULERE | CHAIR Trustee or director, Officer | 1 | $0 |
| KUSEY KIRK | VICE-CHAIR Trustee or director, Officer | 1 | $0 |
| CAROL ALLEN | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM J MELLIN | TRUSTEE Trustee or director | 1 | $0 |
| KALEB WILSON | VICE CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| MEAGHAN STRADER | TRUSTEE Trustee or director | 1 | $0 |
| RICHARD YEAGER | TRUSTEE Trustee or director | 1 | $0 |
| CRAIG BOOTH | TRUSTEE Trustee or director | 1 | $0 |
| JAMES LANGER | TRUSTEE Trustee or director | 1 | $0 |
| KATHYA PIERRE | TRUSTEE Trustee or director | 1 | $0 |
| MEGAN QUENZER | TRUSTEE Trustee or director | 1 | $0 |
| LAURIE WIEST | CHAIRPERSON Trustee or director, Officer | 1 | $0 |
| CHRISTINA SAUVE | TRUSTEE Trustee or director | 1 | $0 |
| TIMOTHY BRUCULERE | TRUSTEE Trustee or director | 1 | $0 |
| KASEY KIRK | TRUSTEE Trustee or director | 1 | $0 |
| CAROL ALLEN | TREASURER Trustee or director, Officer | 1 | $0 |
| ERIC HEPKINS | TRUSTEE Trustee or director | 1 | $0 |
| KEVIN MIETLICKI | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 15118, ALBANY, NY 12212-5118
- In care of
- % EDWARD KOVALEFSKY
- Principal officer (990 for 2024)
- WILLIAM J MELLIN, PO BOX 15118, ALBANY, NY 12212
- Signed the 990
- WILLIAM J MELLIN, PRESIDENT / CEO
- Phone
- (800) 342-9835
- Website
- WWW.NYCUF.ORG
- Return prepared by
- UHY ADVISORS NORTHEAST INC
Mission
THE MISSION IS TO SERVE CREDIT UNIONS, SCHOOLS AND COMMUNITY ORGANIZATIONS THAT IMPROVE THE FINANCIAL LITERACY AND INDEPENDENCE OF NEW YORKERS.
Program accomplishments
- 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.Expenses $238,146 · grants $168,080
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 16-1527073
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S80)
- Assets (IRS master file)
- $1,238,380
- Income (IRS master file)
- $899,344
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $321,776 | $256,251 | $1,238,380 | XML |
| 990 | December 2023 | $171,122 | $250,369 | $1,172,585 | XML |
| 990 | December 2022 | $227,167 | $214,296 | $1,139,016 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1527073).
Questions about NEW YORK CREDIT UNION FOUNDATION
- What is the EIN of NEW YORK CREDIT UNION FOUNDATION?
- The employer identification number (EIN) of NEW YORK CREDIT UNION FOUNDATION is 16-1527073.
- Is NEW YORK CREDIT UNION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to NEW YORK CREDIT UNION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW YORK CREDIT UNION FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW YORK CREDIT UNION FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW YORK CREDIT UNION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEW YORK CREDIT UNION FOUNDATION?
- The 990 for the year ended December 31, 2024 names WILLIAM J MELLIN.
- Who are the officers and directors of NEW YORK CREDIT UNION FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
- How much revenue does NEW YORK CREDIT UNION FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $321,776, expenses of $256,251 and total assets of $1,238,380 at year end.
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All nonprofits in ALBANY · New York · Community improvement and capacity building