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MUTUAL SECURITY CREDIT UNION INC

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Public IRS 990 nonprofit record

MUTUAL SECURITY CREDIT UNION INC

EIN 06-0701899 · Arts, Culture & Humanities (A)

What they do

THE MISSION of MUTUAL SECURITY CREDIT UNION (THE CREDIT UNION) is to BE THE BUILDERS of FINANCIAL WELL-BEING WITHIN THE COMMUNITIES THAT WE SERVE. WE PROMOTE THE ECONOMIC WELL BEING of OUR 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. THE CREDIT UNION OFFERS MEMBERS VARIOUS CONSUMER and REAL ESTATE LOAN PRODUCTS (PERSONAL, AUTO, 1ST & 2ND MORTGAGES, HOME EQUITY LINES of CREDIT, SMART ENERGY LOANS, VISA CREDIT CARDS). THE CREDIT UNION ALSO OFFERS MEMBERS VISA CHECK/DEBIT CARDS AS WELL AS VARIOUS SAVINGS, CERTIFICATES & CHECKING ACCOUNTS.

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders14 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$93.72spent for every $100 of revenueRevenue covered expenses this year.
$18.76in assets for every $1 spent this yearSome assets cannot be spent right away.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $340,729 for HENRY BAUM (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$20,187,778
Expenses$18,920,512
Annual surplus $1,267,266 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$20,187,778
Expenses$18,920,512
Assets$354,958,379
Income$20,191,856
Accounting fees$62,514
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
HENRY BAUMCEO · 45 hrs/week $340,729Base $300,620 · Other $40,109
JEFFREY TRACEYVP, LENDING · 45 hrs/week $229,171Base $212,530 · Other $16,641
MARIA LAZORVP, RISK & STRATERGY MANAGEMENT · 45 hrs/week $197,235Base $149,347 · Other $47,888
MICHAEL AUGUSTIVP, SALES AND SERVICE · 45 hrs/week $191,962Base $170,784 · Other $21,178
ANN NANKERVISVP, HUMAN RESOURCES · 45 hrs/week $182,355Base $169,769 · Other $12,586
CHARLES OKYERECFO · 40 hrs/week $173,048Base $163,037 · Other $10,011
CHRIS HORVATHDIRECTOR OF IT · 45 hrs/week $149,703Base $132,377 · Other $17,326

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (14)

HENRY BAUMCEO

JEFFREY TRACEYVP, LENDING

MARIA LAZORVP, RISK & STRATERGY MANAGEMENT

MICHAEL AUGUSTIVP, SALES AND SERVICE

ANN NANKERVISVP, HUMAN RESOURCES

CHARLES OKYERECFO

CHRIS HORVATHDIRECTOR OF IT

ANN BUDZYNSKIDIRECTOR

BRUCE M LIKELYCHAIR

EDWIN RODRIGUEZDIRECTOR

KEN DECKERTREASURER

ROBERT LUBUSSECRETARY

ROBERT MARAGESVICE CHAIR

ROBERT J BASTADIRECTOR

About this charity

Recognized since
January 1976
Location
1000 BRIDGEPORT AVE STE 503, SHELTON, CT 06484-4602
County
Fairfield
In care of
CHARLES OKYERE
Primary officer
CHARLES OKYERE, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
RSM US LLP
NTEE classification
Arts, Culture & Humanities (A)
IRS tax category
Arts, Culture & Humanities

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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