EIN 04-6017806

Harvard University Employees Credit Union (HUECU)

IRS 501(c) type
501(c)(14)
Num. employees
169
Year formed
1939
Most recent tax filings
2022-12-01
Description
Harvard University Employees Credit Union's mission is to enhance the members’ lives by developing and offering trustworthy products that are easy to understand, easy to use and best suited to meet their financial needs.
Total revenues
$44,999,109
2022
Total expenses
$36,335,706
2022
Total assets
$1,145,537,469
2022
Num. employees
169
2022

Program areas at HUECU

Harvard University Employees Credit Union (the "Credit Union") is a state-chartered Credit Union organized under the provisions of the Massachusetts Credit Union act. Participation in the Credit Union is limited to those individuals who qualify for membership. The field of membership is defined in the Credit Union's charter and bylaws. The Credit Union provides a variety of financial services to members. Its primary lending products are residential real estate and consumer loans and its primary share products are checking, savings and term certificate accounts. The Credit Union has over 50,000 members. The membership is primarily limited to those Employees, faculty, students, and alumni of Harvard University and its affiliated hospitals.

Grants made by HUECU

GranteeGrant descriptionAmount
Mount Auburn HospitalDonation$25,000
Partners Healthcare System / Brigham & Womens Hospital IncDonation$25,000
Phillips Brook House Association (PBHA)Donation$21,100
...and 5 more grants made

Who funds Harvard University Employees Credit Union (HUECU)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Edward J Mallinckrodt Jr FoundationScholar Program (Dr. Klein)$100,000

Personnel at HUECU

NameTitleCompensation
Craig E LeonardPresident and Chief Executive Officer$560,019
Katherine ArmstrongSenior Vice President , Chief Financial Officer$241,650
Tom MontilliExecutive Vice President , Chief Experience Officer
John DegnanSenior Vice President , Operations$255,506
Peter BuchananSenior Vice President , Real Estate Lending$355,311
...and 8 more key personnel

Financials for HUECU

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$41,140,375
Investment income and dividends$1,566,910
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,291,824
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$44,999,109

Form 990s for HUECU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-10990View PDF
2021-122022-05-11990View PDF
2020-122021-06-30990View PDF
2019-122020-10-08990View PDF
2018-122019-06-19990View PDF
...and 9 more Form 990s

Organizations like HUECU

OrganizationLocationRevenue
Golden Plains Credit UnionGarden City, KS$44,194,863
Azura Credit UnionTopeka, KS$38,277,046
City of Boston Credit UnionSouth Boston, MA$22,869,244
Vantage Credit UnionSt Charles, MO$54,325,428
Hudson River Community Credit UnionCorinth, NY$19,095,276
Arsenal Credit Union (ACU)Arnold, MO$21,467,724
Infuze Credit UnionWaynesville, MO$19,866,849
People's Credit UnionMiddletown, RI$26,116,724
Neighbors Credit UnionSaint Louis, MO$29,916,201
Municipal Credit UnionNew York, NY$210,950,031
Data update history
July 3, 2023
Updated personnel
Identified 2 new personnel
July 1, 2023
Used new vendors
Identified 2 new vendors, including , and
June 12, 2023
Received grants
Identified 2 new grant, including a grant for $100,000 from Edward J Mallinckrodt Jr Foundation
May 20, 2023
Updated personnel
Identified 1 new personnel
May 12, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
Provides scholarships
General information
Address
104 MT Auburn St 4th Floor
Cambridge, MA 02139
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
huecu.org/ 
Phone
(617) 495-4460
Facebook page
myHUECU 
Twitter profile
@myhuecu 
IRS details
EIN
04-6017806
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1939
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Independent
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