Jeanne D'Arc Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 041231965 ✦ Lowell, MA ✦ Designated as a 501(c)(14)

Overview

What is Jeanne D'Arc Credit Union?

Jeanne D'Arc Credit Union is a member-owned financial institution situated within the community, dedicated to providing comprehensive financial services to its customers. With over 87,000 members, they have amassed significant deposit accounts and net loans outstanding, amounting to $1.2 billion each as of December 31, 2019. This full-service credit union is committed to its mission of serving its clientele.


Official website here: www.jdcu.com

Is Jeanne D'Arc Credit Union legitimate?

Jeanne D'Arc Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Jeanne D'Arc Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $3,141,934
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,930,392

For more financial information, click here


Official website here: www.jdcu.com

What is the mission statement of Jeanne D'Arc Credit Union?

Jeanne D'Arc Credit Union functions as a member-owned community credit union, dedicated to serving its customer base. This full-service financial institution boasts a membership of over 87,000 individuals and holds a significant deposit base of $1.222 billion, along with $1.218 million in net loans outstanding as of December 31, 2019. The credit union's mission is geared towards catering to the financial needs of its community, with a commitment to providing essential financial services.


Official website here: www.jdcu.com

Who is the CEO of Jeanne D'Arc Credit Union?

Mark S Cochran is the Principal Officer of Jeanne D'Arc Credit Union. The CEO's salary of Jeanne D'Arc Credit Union is $947,140 and their total compensation is $1,203,953.


Official website here: www.jdcu.com

What is the revenue of Jeanne D'Arc Credit Union?

Jeanne D'Arc Credit Union's revenue in 2022 was $66,569,870.


Official website here: www.jdcu.com

Who are the executives of Jeanne D'Arc Credit Union and what are their salaries?

The average compensation at Jeanne D'Arc Credit Union during 2022 was $49,243. There are 367 employees and 8 volunteers at Jeanne D'Arc Credit Union.

Here are 20 key members and their salaries (Jeanne D'Arc Credit Union's CEO's salary is $947,140 and their total compensation is $1,203,953):

    James Hirbour (Senior Loan Officer)
  • Compensation: $1,615,292
  • Related: $0
  • Other: $34,821

    • Mark Cochran (President/Ceo/Director)
  • Compensation: $947,140
  • Related: $0
  • Other: $256,813

    • Michael P Dubuque (Svp Cmeo)
  • Compensation: $544,831
  • Related: $0
  • Other: $97,634

    • Gerard L Stevens (Senior Loan Officer)
  • Compensation: $614,665
  • Related: $0
  • Other: $10,812

    • Brian Sousa (Senior Vice President Clo)
  • Compensation: $430,126
  • Related: $0
  • Other: $94,470

    • Jason E Dubois (Mortgage Loan Originator M)
  • Compensation: $441,760
  • Related: $0
  • Other: $33,910

    • Joseph M Princi Ii (Svp Cfo)
  • Compensation: $355,087
  • Related: $0
  • Other: $93,624

    • Keith M Micavich (Senior Loan Officer)
  • Compensation: $375,005
  • Related: $0
  • Other: $29,932

    • Mark O'Neil (Senior Vice President Cao)
  • Compensation: $280,521
  • Related: $0
  • Other: $71,384

    • Carolyn Pelletier (Senior Vice President Cio)
  • Compensation: $279,359
  • Related: $0
  • Other: $52,117

    • Robin Lorenzen (Svp Cmo)
  • Compensation: $256,159
  • Related: $0
  • Other: $64,500

    • Nicholas Spinosa (Senior Loan Officer)
  • Compensation: $286,145
  • Related: $0
  • Other: $7,250

    • John Chemaly (Chariman) [Trustee/Director]
  • Compensation: $6,959
  • Related: $0
  • Other: $0

    • Naomi Prendergast (Director)
  • Compensation: $6,959
  • Related: $0
  • Other: $0

    • Susan Green (Director)
  • Compensation: $6,959
  • Related: $0
  • Other: $0

    • Henri Marchand (Treasurer/Director)
  • Compensation: $6,959
  • Related: $0
  • Other: $0

    • William Soucy (Director)
  • Compensation: $6,959
  • Related: $0
  • Other: $0

    • Joanne Yestramski (Director)
  • Compensation: $6,959
  • Related: $0
  • Other: $0

    • Ellen Murphy Meehan (Vice Chair) [Trustee/Director]
  • Compensation: $6,959
  • Related: $0
  • Other: $0

    • Mark Dionne (Director (Ended 05/22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.jdcu.com

    Where can I find the form 990 for Jeanne D'Arc Credit Union?

    The Jeanne D'Arc Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.jdcu.com

    Learn more at the official website: www.jdcu.com

    Mission Statement of Jeanne D'Arc Credit Union

    Jeanne D'Arc Credit Union, a full-service, member-owned community credit union, is dedicated to serving its customers with a mission to make a difference in their financial lives. With over 87,000 members and $2.4 billion in assets as of December 31, 2019, this credit union stands as a testament to its commitment to its community.

    At the core of Jeanne D'Arc Credit Union's operations lies a strong sense of service and a desire to put its members first. As a member-owned entity, it operates with the goal of providing affordable financial services and empowering its members to achieve their financial goals. The credit union boasts a comprehensive range of services, from deposit accounts and loans to online and mobile banking, allowing members to manage their finances with ease and convenience.

    The success of Jeanne D'Arc Credit Union can be attributed to its dedication to its mission and its commitment to its members. With a membership base of over 87,000 individuals, it has amassed impressive numbers, with $1.2 billion in deposit accounts and $1.2 billion in net loans outstanding as of the end of 2019. This financial strength enables Jeanne D'Arc Credit Union to offer competitive rates and flexible terms on loans and other financial products, providing real value to its members.

    In summary, Jeanne D'Arc Credit Union is a thriving, member-owned community credit union that prides itself on its mission to serve its customers. With a strong emphasis on affordability, convenience, and personalized service, it has become a trusted financial partner for over 87,000 individuals. Through its comprehensive range of services and commitment to its members, Jeanne D'Arc Credit Union continues to make a positive impact on the financial lives of those it serves.

    Impact

    This information is meant to be a general summary of Jeanne D'Arc Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Jeanne D'Arc Credit Union has a significant impact by providing full-service banking options to its 87,462 members in Lowell, MA. With $1,222 million in deposit accounts and $1,218 million in net loans outstanding, the credit union plays a crucial role in supporting the financial needs of its community. Through its member-owned structure, Jeanne D'Arc Credit Union demonstrates a commitment to serving its customers and contributing to the public benefit.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,258,875
  • Program Service Revenue: $46,904,000
  • Gross Receipts: $66,685,028

    • Assets and Liabilities:
  • Total Assets: $2,051,657,522
  • Total Liabilities: $1,902,017,530
  • Net Assets: $149,639,992
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST INCOME

    Revenue

    $46,904,000

    Organization Details

    Founding Year

    1912

    Principal Officer

    Mark S Cochran

    Main Address

    1 TREMONT PLACE, LOWELL, MA, 01854

    NTEE Category

    Code: W60 - Public benefit

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