37 Kemba Financial Credit Union

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

EIN: 316034826 ✦ Gahanna, OH ✦ Designated as a 501(c)(14)

Overview

What is 37 Kemba Financial Credit Union?

37 Kemba Financial Credit Union is a not-for-profit financial cooperative dedicated to enhancing the financial well-being of its members. With a mission to promote thrift and offer competitive financial services, they provide various offerings, including savings and lending solutions. As a member-owned organization, their primary goal is to offer favorable terms to their members, prioritizing their best interests.


Official website here: www.kemba.org

Is 37 Kemba Financial Credit Union legitimate?

37 Kemba Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. 37 Kemba Financial 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: $3,406,358
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,206,730

For more financial information, click here


Official website here: www.kemba.org

What is the mission statement of 37 Kemba Financial Credit Union?

The 37 Kemba Financial Credit Union is dedicated to delivering innovative, convenient, and competitively priced financial services that contribute to the well-being of its members. With a focus on promoting thrift, the credit union aims to offer better financial terms than those available in the marketplace. As a not-for-profit financial cooperative, its primary mission is to provide lending, savings, and other financial services to eligible members, prioritizing their best financial interests. By doing so, the credit union seeks to enhance the financial well-being of its member owners.


Official website here: www.kemba.org

Who is the CEO of 37 Kemba Financial Credit Union?

Mark Decello is the President/Ceo of 37 Kemba Financial Credit Union. The CEO's salary of 37 Kemba Financial Credit Union is $871,383 and their total compensation is $906,006.


Official website here: www.kemba.org

What is the revenue of 37 Kemba Financial Credit Union?

37 Kemba Financial Credit Union's revenue in 2022 was $95,459,407.


Official website here: www.kemba.org

Who are the executives of 37 Kemba Financial Credit Union and what are their salaries?

The average compensation at 37 Kemba Financial Credit Union during 2022 was $33,061. There are 563 employees and 7 volunteers at 37 Kemba Financial Credit Union.

Here are 24 key members and their salaries (37 Kemba Financial Credit Union's CEO's salary is $871,383 and their total compensation is $906,006):

    Gerald Guy (Assistant To President/Ceo)
  • Compensation: $923,582
  • Related: $0
  • Other: $40,165

    • Mark Decello (President/Ceo)
  • Compensation: $871,383
  • Related: $0
  • Other: $34,623

    • Donna Grimmett (Cfo)
  • Compensation: $336,020
  • Related: $0
  • Other: $25,148

    • Ken Blevins (Chief Technology Officer)
  • Compensation: $288,098
  • Related: $0
  • Other: $40,598

    • Amy Peterman (Chief Operating Officer)
  • Compensation: $273,096
  • Related: $0
  • Other: $35,536

    • John Mavrouleas (Commercial Bdo)
  • Compensation: $274,726
  • Related: $0
  • Other: $31,704

    • Shernette Henry (Vp Human Resources)
  • Compensation: $262,041
  • Related: $0
  • Other: $35,841

    • Raid Jarrar (Chief Lending Officer)
  • Compensation: $254,300
  • Related: $0
  • Other: $31,187

    • Mark Seymour (Vice President Commercial Business And Loss Prevention)
  • Compensation: $236,423
  • Related: $0
  • Other: $35,061

    • Derek Sears (Director Of Wealth Management)
  • Compensation: $197,716
  • Related: $0
  • Other: $37,824

    • Marco Capalino (Chief Marketing Officer)
  • Compensation: $202,501
  • Related: $0
  • Other: $24,383

    • Janet Oiler (Vp Of Accounting/Controller)
  • Compensation: $193,948
  • Related: $0
  • Other: $27,595

    • Douglas La Tour (Vp Risk)
  • Compensation: $184,654
  • Related: $0
  • Other: $26,342

    • Robert Sullivan (Commercial Bdo)
  • Compensation: $154,748
  • Related: $0
  • Other: $22,663

    • Robert Murray (Vp Of Lending Operations)
  • Compensation: $152,923
  • Related: $0
  • Other: $12,823

    • Jason Johnson (Director Of Sales And Member Experience)
  • Compensation: $143,208
  • Related: $0
  • Other: $21,352

    • Ryan Ambrose (Vp Mortgage)
  • Compensation: $150,975
  • Related: $0
  • Other: $9,468

    • Donna Folberth (Chairwoman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Slaper (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Elden (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Perdue (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emmet Apolinario (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Mariotti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Guthrie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.kemba.org

    Where can I find the form 990 for 37 Kemba Financial Credit Union?

    The 37 Kemba Financial Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.kemba.org

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

    Mission Statement of 37 Kemba Financial Credit Union

    Kemba Financial Credit Union, a not-for-profit financial cooperative, is dedicated to enhancing the financial well-being of its members. With a mission to promote thrift, this organization offers innovative, convenient, and competitively priced financial services. By keeping the best interests of its "member-owners" in mind, Kemba Financial Credit Union sets itself apart from the marketplace with cooperative-based emphasis.

    In simple terms, Kemba Financial Credit Union strives to help its members save and access credit at favorable terms, contributing to their overall financial growth. As a cooperative, it operates with a unique focus on its community, fostering a sense of togetherness among its members. The organization's primary goal is to provide lending, savings, and other financial services to eligible members, all while maintaining a member-centric approach.

    Impact

    This information is meant to be a general summary of 37 Kemba Financial Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    37 Kemba Financial Credit Union's impact lies in its mission to provide innovative, convenient, and competitively priced financial services that contribute to the well-being of its members. By promoting thrift and providing credit, Kemba Financial Credit Union aims to improve the financial well-being of its members and keep their best financial interests in mind. Operating as a not-for-profit financial cooperative in Gahanna, Ohio, Kemba Financial Credit Union offers lending, savings, and other financial services to qualifying members at terms generally better than those found in the market. With a cooperative-based emphasis, Kemba Financial Credit Union serves its member owners with a focus on 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: $5,627,672
  • Program Service Revenue: $89,830,235
  • Gross Receipts: $95,459,407

    • Assets and Liabilities:
  • Total Assets: $1,965,075,120
  • Total Liabilities: $1,748,724,406
  • Net Assets: $216,350,714
  • Programs

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

    Loan Interest

    Revenue

    $63,721,348

    Fee Income

    Revenue

    $9,097,539

    Other Income

    Revenue

    $16,808,740

    Insurance Income

    Revenue

    $124,441

    Non-member Transactional Income

    Revenue

    $78,167

    Organization Details

    Founding Year

    1933

    Principal Officer

    Mark Decello

    Main Address

    555 Officenter Place, Gahanna, OH, 43230

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of 37 Kemba Financial Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.