Cardinal Credit Union Inc

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

EIN: 340825291 ✦ Mentor, OH ✦ Designated as a 501(c)(14)

Overview

What is Cardinal Credit Union Inc?

Cardinal Credit Union Inc, based in the Mentor/Cleveland area, is a long-standing nonprofit organization dedicated to offering financial services to qualified individuals employed by various local companies and organizations. With a rich history spanning over half a century, the credit union has been committed to this mission and continues to provide essential financial services to its members.


Official website here: www.cardinalcu.com

Is Cardinal Credit Union Inc legitimate?

Cardinal Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cardinal 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: $1,213,419
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,253,639

For more financial information, click here


Official website here: www.cardinalcu.com

What is the mission statement of Cardinal Credit Union Inc?

Cardinal Credit Union Inc has been dedicated to offering financial services to eligible members for over half a century. The organization's primary mission revolves around providing essential financial solutions to its members. By catering to various companies and organizations, Cardinal Credit Union has expanded its reach and served numerous individuals throughout its tenure. Through its financial services, the union aims to contribute to the financial well-being of its members. The long-standing institution's commitment to its mission reflects its enduring dedication to the financial needs of its clientele.


Official website here: www.cardinalcu.com

Who is the CEO of Cardinal Credit Union Inc?

Christine Blake is the Director of Cardinal Credit Union Inc. The CEO's salary of Cardinal Credit Union Inc is $381,568 and their total compensation is $426,935.


Official website here: www.cardinalcu.com

What is the revenue of Cardinal Credit Union Inc?

Cardinal Credit Union Inc's revenue in 2022 was $13,717,571.


Official website here: www.cardinalcu.com

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

The average compensation at Cardinal Credit Union Inc during 2022 was $55,223. There are 99 employees and 8 volunteers at Cardinal Credit Union Inc.

Here are 14 key members and their salaries (Cardinal Credit Union Inc's CEO's salary is $381,568 and their total compensation is $426,935):

    Christine Blake (President/Ceo)
  • Compensation: $381,568
  • Related: $0
  • Other: $45,367

    • Lanny Berlingieri (Cfo)
  • Compensation: $204,355
  • Related: $0
  • Other: $11,838

    • Mario Duvnjak (Coo)
  • Compensation: $186,083
  • Related: $0
  • Other: $12,338

    • Justas Adomavicius (Clo)
  • Compensation: $133,034
  • Related: $0
  • Other: $8,842

    • Renee Mullen (Director Of Lending)
  • Compensation: $106,459
  • Related: $0
  • Other: $10,899

    • Chad Dean (Commerical Loan Orignator)
  • Compensation: $101,984
  • Related: $0
  • Other: $10,652

    • Kenneth Deken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Mears (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen O'Connell-Burton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Shibley (Vice-Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Brown (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Brumbaugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandy Hamo (Chairwoman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cardinalcu.com

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

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


    Official website here: www.cardinalcu.com

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

    Mission Statement of Cardinal Credit Union Inc

    Cardinal Credit Union, a renowned financial services provider, has been dedicated to serving a specific group of qualified members for over half a century. Established in the Mentor/Cleveland area, this credit union has built a strong foundation based on trust and financial support for its members.

    Cardinal Credit Union's mission centers around extending financial services to eligible individuals associated with various local companies and organizations. Though the exact nature of these companies and organizations is not mentioned, it is clear that they have formed a strong partnership with the credit union, enabling it to serve their employees effectively. By doing so, the credit union has fostered financial stability and prosperity within the community it serves.

    The organization's long-standing presence in the Mentor/Cleveland area is a testament to its commitment and success in fulfilling its mission. Over the decades, Cardinal Credit Union has become a trusted financial institution, offering a comprehensive range of services tailored to its members' unique financial needs. The cooperative structure of the credit union allows it to operate with a member-focused approach, ensuring that each individual receives personalized attention and assistance.

    Through its financial services, Cardinal Credit Union empowers its members to achieve their financial goals, whether that be through savings accounts, loans, or other financial solutions. The credit union's dedication to its members extends beyond basic financial services, as it strives to create a strong sense of community and financial literacy. By fostering financial knowledge and stability, Cardinal Credit Union not only helps its members make informed decisions about their money but also contributes to the overall well-being of the community it serves.

    Impact

    This information is meant to be a general summary of Cardinal 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

    Cardinal Credit Union Inc's impact lies in its provision of essential financial services to qualified members in the Mentor/Cleveland area for over half a century. This credit union plays a vital role in serving the financial needs of employees from various companies and organizations, contributing to the stability and well-being of the community. Through its operations, Cardinal Credit Union Inc helps individuals manage their finances, access credit, and build a secure financial future, ultimately fostering economic empowerment and resilience among its members.





    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: $743,898
  • Program Service Revenue: $12,933,409
  • Gross Receipts: $16,702,035

    • Assets and Liabilities:
  • Total Assets: $288,887,413
  • Total Liabilities: $256,411,382
  • Net Assets: $32,476,031
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $9,307,870

    FEES AND COMMISSIONS

    Revenue

    $3,583,649

    OTHER INCOME

    Revenue

    $41,890

    Organization Details

    Founding Year

    1953

    Principal Officer

    Christine Blake

    Main Address

    8500 WESTPORT DRIVE, MENTOR, OH, 44060

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Cardinal Credit Union Inc 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.