955 Sharefax Credit Union Inc

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

EIN: 310627742 ✦ Cincinnati, OH ✦ Designated as a 501(c)(14)

Overview

What is 955 Sharefax Credit Union Inc?

955 Sharefax Credit Union Inc is a member-owned, not-for-profit financial cooperative based in Cincinnati, Ohio. Their primary mission is to enhance the financial wellbeing of their members. As a cooperative, it is solely formed for this purpose and offers various programs to achieve this goal. The Credit Union is committed to improving the financial lives of its members.


Official website here: www.sharefax.org

Is 955 Sharefax Credit Union Inc legitimate?

955 Sharefax Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 955 Sharefax Credit Union Inc 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: $743,179
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,100,447

For more financial information, click here


Official website here: www.sharefax.org

What is the mission statement of 955 Sharefax Credit Union Inc?

955 Sharefax Credit Union Inc is a member-owned, not-for-profit financial cooperative committed to enhancing the financial well-being of its members. Founded with the sole purpose of serving its community, the Credit Union operates as a cooperative to provide financial benefits to its members. Its mission is to improve the financial health and prosperity of individuals through its various programs. By being a member-owned organization, it aims to foster a sense of community and collaboration among its members. The Credit Union is dedicated to delivering financial services that cater to the unique needs and goals of its members, ultimately contributing to their financial stability and success.


Official website here: www.sharefax.org

Who is the CEO of 955 Sharefax Credit Union Inc?

Todd Cain is the Director of 955 Sharefax Credit Union Inc. The CEO's salary of 955 Sharefax Credit Union Inc is $0 and their total compensation is $0.


Official website here: www.sharefax.org

What is the revenue of 955 Sharefax Credit Union Inc?

955 Sharefax Credit Union Inc's revenue in 2022 was $18,157,504.


Official website here: www.sharefax.org

Who are the executives of 955 Sharefax Credit Union Inc and what are their salaries?

The average compensation at 955 Sharefax Credit Union Inc during 2022 was $43,636. There are 111 employees at 955 Sharefax Credit Union Inc.

Here are 13 key members and their salaries (955 Sharefax Credit Union Inc's CEO's salary is $0 and their total compensation is $0):

    Art Kremer (President/Ceo (Former))
  • Compensation: $334,149
  • Related: $0
  • Other: $19,151

    • Carrie Cox (Cfo)
  • Compensation: $140,721
  • Related: $0
  • Other: $9,403

    • Margaret Moffitt (Vp Operations)
  • Compensation: $135,121
  • Related: $0
  • Other: $14,600

    • Carl Fite (Vp Information System)
  • Compensation: $133,188
  • Related: $0
  • Other: $6,965

    • Dennis Messer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Murphy (Vice-Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C David Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan S Ochs (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyrone Ugarte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Fox (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Aaronson (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Hertlein Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Cain (President/Ceo (Current))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sharefax.org

    Where can I find the form 990 for 955 Sharefax Credit Union Inc?

    The 955 Sharefax Credit Union Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sharefax.org

    Learn more at the official website: www.sharefax.org

    Mission Statement of 955 Sharefax Credit Union Inc

    955 Sharefax Credit Union Inc is a member-owned, not-for-profit financial cooperative, dedicated to enhancing the financial wellbeing of its members. Founded with the sole purpose of improving the financial livelihoods of its community, this institution functions as a unified entity for its members.

    As a cooperative, 955 Sharefax Credit Union Inc is committed to its mission: fostering financial growth and stability for its members. By pooling resources and focusing on its members' best interests, it creates a unique financial ecosystem designed for mutual benefit. The Credit Union's initiatives reflect its unwavering dedication to its members' financial wellbeing.

    Impact

    This information is meant to be a general summary of 955 Sharefax Credit Union Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    955 Sharefax Credit Union Inc positively impacts its members by providing them with financial services and programs aimed at improving their financial well-being. As a member-owned cooperative, its mission is centered around helping its members achieve their financial goals and secure their future. By offering a range of financial products and services, Sharefax Credit Union plays a vital role in empowering its members to make sound financial decisions and build a solid foundation for their financial health. Its commitment to enhancing the financial well-being of its members contributes to the overall economic stability and prosperity of the community it serves.





    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: $1,265,634
  • Program Service Revenue: $11,863,371
  • Gross Receipts: $18,157,504

    • Assets and Liabilities:
  • Total Assets: $514,929,234
  • Total Liabilities: $20,317,334
  • Net Assets: $494,611,900
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $11,863,371

    Organization Details

    Founding Year

    1960

    Principal Officer

    Todd Cain

    Main Address

    604 IVY GATEWAY, CINCINNATI, OH, 45245

    NTEE Category

    Code: W60 - Public benefit

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