Seven Seventeen Credit Union Inc

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

EIN: 340825325 ✦ Warren, OH ✦ Designated as a 501(c)(14)

Overview

What is Seven Seventeen Credit Union Inc?

Seven Seventeen Credit Union Inc is a cooperative financial institution dedicated to helping its members save money and access credit for provident and productive purposes. The organization, with its mission rooted in promoting thrift, provides essential savings facilities and extends credit to aid in budgeting and effective use of assets and resources. The credit union engages in a variety of activities to support its members in financial management and offers assistance necessary and incidental to these objectives.


Official website here: www.717cu.com

Is Seven Seventeen Credit Union Inc legitimate?

Seven Seventeen Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Seven Seventeen 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: $4,304,915
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,212,239

For more financial information, click here


Official website here: www.717cu.com

What is the mission statement of Seven Seventeen Credit Union Inc?

Seven Seventeen Credit Union's mission is centered around encouraging savings among its members and providing credit for sensible and productive purposes. The organization operates on a cooperative basis, establishing facilities for savings to help members build financial security. Additionally, Seven Seventeen Credit Union offers assistance to its members in managing their budgets, effectively utilizing their assets, and making the most of their resources. The credit union engages in various activities to support these objectives, aiming to promote financial well-being for its members.


Official website here: www.717cu.com

Who is the CEO of Seven Seventeen Credit Union Inc?

Shelly Paw is the Principal Officer of Seven Seventeen Credit Union Inc. The CEO's salary of Seven Seventeen Credit Union Inc is $915,798 and their total compensation is $1,003,821.


Official website here: www.717cu.com

What is the revenue of Seven Seventeen Credit Union Inc?

Seven Seventeen Credit Union Inc's revenue in 2022 was $78,190,190.


Official website here: www.717cu.com

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

The average compensation at Seven Seventeen Credit Union Inc during 2022 was $59,840. There are 393 employees and 11 volunteers at Seven Seventeen Credit Union Inc.

Here are 24 key members and their salaries (Seven Seventeen Credit Union Inc's CEO's salary is $915,798 and their total compensation is $1,003,821):

    Gary Soukenik (President & Ceo)
  • Compensation: $915,798
  • Related: $0
  • Other: $88,023

    • Shelly Pawcio (Senior Vp & Cfo)
  • Compensation: $312,238
  • Related: $0
  • Other: $66,673

    • Brian Boettcher (Svp Innov & Info Tec)
  • Compensation: $316,091
  • Related: $0
  • Other: $54,880

    • Mark Munno (Senior Vp Del Chan)
  • Compensation: $269,921
  • Related: $0
  • Other: $40,140

    • Eric Lanham (Senior Vp, Marketing)
  • Compensation: $250,266
  • Related: $0
  • Other: $58,277

    • Ryan Hough (Senior Vp & Human Resource)
  • Compensation: $249,601
  • Related: $0
  • Other: $57,677

    • Shelley Engleman (Svp, Risk Management)
  • Compensation: $234,924
  • Related: $0
  • Other: $56,038

    • Daniel Harp (Senior Vp & Lending)
  • Compensation: $237,316
  • Related: $0
  • Other: $35,241

    • Joseph Datchuk (Coll & Rec Attorney)
  • Compensation: $204,431
  • Related: $0
  • Other: $51,507

    • Aaron Frank (Loan Originator)
  • Compensation: $200,308
  • Related: $0
  • Other: $50,962

    • Brett Carnahan (Commercial Lending Manager)
  • Compensation: $165,831
  • Related: $0
  • Other: $45,394

    • Mary Ann King (Info Tech Manager)
  • Compensation: $164,879
  • Related: $0
  • Other: $45,389

    • Julie Redmond (Loan Originator)
  • Compensation: $162,900
  • Related: $0
  • Other: $44,399

    • Karen Jordan (Accting Finance Manager)
  • Compensation: $154,492
  • Related: $0
  • Other: $42,894

    • Katherine Durig (Operations Manager)
  • Compensation: $160,967
  • Related: $0
  • Other: $33,019

    • Katheryn Cumberworth (Delivery Channels Manager)
  • Compensation: $149,608
  • Related: $0
  • Other: $43,419

    • Susan Aliberti (Pymt Solutions Manager)
  • Compensation: $149,414
  • Related: $0
  • Other: $42,003

    • Arlene Mathes (Asst Sec Treasure) [Trustee/Director]
  • Compensation: $2,686
  • Related: $0
  • Other: $0

    • Paul Marshall (Chairman) [Trustee/Director]
  • Compensation: $1,831
  • Related: $0
  • Other: $0

    • Cheryl Digiacobbe (Sec Treas) [Trustee/Director]
  • Compensation: $735
  • Related: $0
  • Other: $0

    • Jack Wilster (Vice Chairman) [Trustee/Director]
  • Compensation: $678
  • Related: $0
  • Other: $0

    • Raymond Manofsky (2Nd Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Noark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Boyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.717cu.com

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

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


    Official website here: www.717cu.com

    Learn more at the official website: www.717cu.com

    Mission Statement of Seven Seventeen Credit Union Inc

    Seven Seventeen Credit Union Inc is a member-focused financial cooperative with a mission to foster savings among its members and provide credit for prudent and productive uses. The organization operates on a cooperative principle, bringing together individuals to create a collective pool of resources for mutual benefit. Seven Seventeen Credit Union goes beyond offering basic financial services by also offering assistance in budgeting, money management, and making the most of members' assets and resources. This holistic approach ensures that the credit union not only meets the immediate financial needs of its members but also helps them build a stronger financial future.

    Moreover, Seven Seventeen Credit Union believes in the importance of thrift and provides the necessary facilities for its members to save. Thrift, in this context, goes beyond just saving money; it involves wise financial decision-making and making the most of one's resources. By promoting thrift, the credit union aims to help its members build financial security and resilience.

    Seven Seventeen Credit Union's mission extends beyond financial services. It is committed to engaging in all activities necessary and incidental to promote the financial well-being of its members. This commitment to its members' financial success sets it apart as a trusted financial partner, dedicated to helping them achieve their financial goals.

    Impact

    This information is meant to be a general summary of Seven Seventeen 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

    Seven Seventeen Credit Union Inc's impact lies in promoting thrift among its members, providing cooperative savings facilities, offering credit for provident and productive purposes, assisting members with budgeting and money management, and helping them effectively utilize their assets and resources. This not only fosters financial stability and responsibility among individuals but also supports the local community by creating a network of support and empowerment. Through these initiatives, Seven Seventeen Credit Union Inc plays a crucial role in enhancing the financial well-being of its members and contributing to the overall economic health of WARREN, OH.





    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: $2,404,546
  • Program Service Revenue: $75,785,644
  • Gross Receipts: $78,301,914

    • Assets and Liabilities:
  • Total Assets: $1,540,611,072
  • Total Liabilities: $1,348,058,297
  • Net Assets: $192,552,775
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $54,701,689

    FEE INCOME

    Revenue

    $20,526,289

    NON-MEMBER FEES AND INCOME

    Revenue

    $530,104

    RENTAL

    Revenue

    $27,562

    Organization Details

    Founding Year

    1957

    Principal Officer

    Shelly Paw

    Main Address

    3181 LARCHMONT AVE NE, WARREN, OH, 44483

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Seven Seventeen 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.