Overview
What is Corporate America Family Credit Union?
Corporate America Family Credit Union is a not-for-profit financial cooperative based at 2075 BIG TIMBER RD, Elgin, IL, 60123. With a team of 266 employees, the credit union serves as the primary financial institution for its 68,055 members. They offer a range of savings products at competitive rates, including regular shares, money markets, certificates of deposit, and IRA products. Members can also choose from various checking accounts, such as a free traditional checking account. The credit union's mission emphasizes its commitment to its members. As a member-owned and -directed organization, Corporate America Family Credit Union aims to provide essential financial services to its community.
Official website here: www.cafcu.org
Is Corporate America Family Credit Union legitimate?
Corporate America Family Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Corporate America Family 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: $1,390,882
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,672,150
For more financial information, click here
Official website here: www.cafcu.org
What is the mission statement of Corporate America Family Credit Union?
Corporate America Family Credit Union is a not-for-profit financial cooperative, owned and governed by its members. The credit union is committed to being the primary financial institution for its members. With over 68,000 members, it offers a range of savings products at competitive rates, including regular shares, money markets, certificates of deposit, and IRA products. The credit union also provides various checking account options, one of which is free for members. Its mission is to serve and cater to the financial needs of its member community.
Official website here: www.cafcu.org
Who is the CEO of Corporate America Family Credit Union?
Peter Paulson is the President/Ceo of Corporate America Family Credit Union. The CEO's salary of Corporate America Family Credit Union is $381,390 and their total compensation is $620,542.
Official website here: www.cafcu.org
What is the revenue of Corporate America Family Credit Union?
Corporate America Family Credit Union's revenue in 2022 was $39,765,164.
Official website here: www.cafcu.org
Who are the executives of Corporate America Family Credit Union and what are their salaries?
The average compensation at Corporate America Family Credit Union during 2022 was $52,869. There are 266 employees and 9 volunteers at Corporate America Family Credit Union.
Here are 21 key members and their salaries (Corporate America Family Credit Union's CEO's salary is $381,390 and their total compensation is $620,542):
- Peter Paulson (President/Ceo) [Trustee/Director]
- Ellen Meehan (Senior Vice President)
- Andrew Bowen (Vice President)
- Carol Hoem (Senior Vice President)
- Matthew Helms (Senior Vice President)
- Steven Olson (Vice President)
- Laura Kiriluk (Vice President)
- Joseph Shultz (Vice President)
- Faith Myers (Vice President)
- Kathleen Crouse (Manager)
- Dan Kadolph (Senior Vice President/Cfo)
- Paula Blonski (Former Director)
- John Blozis (Treasurer) [Trustee/Director]
- Glenn Brown (Director)
- Jeff Gott (Director)
- Tiffany Jordan (Director)
- Costanzo Maestranzi (Chair) [Trustee/Director]
- Kenneth Naatz (Secretary) [Trustee/Director]
- Thomas Rieck (Director)
- Thomas Sheppard (Vice Chair) [Trustee/Director]
- Pat Tollefson (Director)
Official website here: www.cafcu.org
Where can I find the form 990 for Corporate America Family Credit Union?
The Corporate America Family Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.cafcu.org
Learn more at the official website: www.cafcu.org
Mission Statement of Corporate America Family Credit Union
Corporate America Family Credit Union, a member-owned and directed financial cooperative, is dedicated to serving as the primary financial institution for its members. With a not-for-profit status, this credit union prides itself on being owned and controlled by its members, ensuring their financial needs are at the forefront of its operations.
The credit union offers a range of competitive savings products to its members, including regular shares, money markets, certificates of deposit, and various IRA options. Furthermore, it provides checking accounts, with a traditional one available free of charge for members. By prioritizing the financial well-being of its members, Corporate America Family Credit Union aims to build strong, lasting relationships and help its members achieve their financial goals.
Impact
This information is meant to be a general summary of Corporate America Family Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Corporate America Family Credit Union has a significant impact by providing financial services to its 68,055 members. By offering a range of savings and checking products at competitive rates, the credit union plays a crucial role in helping individuals manage their finances effectively. Through its not-for-profit, member-owned structure, Corporate America Family Credit Union contributes to the financial well-being of its members and the community as a whole.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INCOME
Revenue
$23,566,086
FEE INCOME
Revenue
$7,229,024
OTHER OPERATING REVENUE
Revenue
$2,645,972
Organization Details
Founding Year
1939
Phone
(847) 214-2000
Principal Officer
Peter Paulson
Main Address
2075 BIG TIMBER RD, ELGIN, IL, 601231140
Website
www.cafcu.org
NTEE Category
Code: W60 - Public benefit
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