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Community Trust Credit Union

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

EIN: 361932435 ✦ Gurnee, IL ✦ Designated as a 501(c)(14)

Overview

What is Community Trust Credit Union?

Community Trust Credit Union is a financial institution dedicated to helping its 10,565 members manage their financial health. By offering various services such as loans, savings accounts, and home banking, they have made a difference in the lives of 13,858 depositors. The credit union's mission is to support its members in their financial journey, providing them with essential tools to navigate their financial landscape.


Official website here: www.ctcu.org

Is Community Trust Credit Union legitimate?

Community Trust Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Community Trust 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: $547,037
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,586,613

For more financial information, click here


Official website here: www.ctcu.org

What is the mission statement of Community Trust Credit Union?

Community Trust Credit Union focuses on assisting its members in managing their financial well-being. They achieve this goal by offering various financial institution services, such as providing loans and savings accounts. Through these offerings, the credit union has positively impacted the financial lives of over 10,565 members. The credit union's commitment to its members extends beyond traditional banking services, as it also offers home banking solutions. With deposits from 13,858 members, Community Trust Credit Union continues to expand its reach and support in helping individuals effectively manage their finances.


Official website here: www.ctcu.org

Who is the CEO of Community Trust Credit Union?

Carol Analla is the Ceo of Community Trust Credit Union. The CEO's salary of Community Trust Credit Union is $292,814 and their total compensation is $292,814.


Official website here: www.ctcu.org

What is the revenue of Community Trust Credit Union?

Community Trust Credit Union's revenue in 2022 was $11,872,195.


Official website here: www.ctcu.org

Who are the executives of Community Trust Credit Union and what are their salaries?

The average compensation at Community Trust Credit Union during 2022 was $46,771. There are 67 employees and 8 volunteers at Community Trust Credit Union.

Here are 15 key members and their salaries (Community Trust Credit Union's CEO's salary is $292,814 and their total compensation is $292,814):

    Carol Analla (Ceo)
  • Compensation: $292,814
  • Related: $0
  • Other: $0

    • Catherine Hill (Compliance Officer)
  • Compensation: $133,921
  • Related: $0
  • Other: $0

    • Josh Vissering (Cfo)
  • Compensation: $133,641
  • Related: $0
  • Other: $0

    • Jose Nunez (It Director)
  • Compensation: $123,332
  • Related: $0
  • Other: $0

    • Michele Cole (Vp Lending)
  • Compensation: $120,582
  • Related: $0
  • Other: $0

    • Betina Golwitzer (Hr Director)
  • Compensation: $114,117
  • Related: $0
  • Other: $0

    • Michael Lenzi (Marketing Director)
  • Compensation: $106,493
  • Related: $0
  • Other: $0

    • Michele Hallgren (Member Service Director)
  • Compensation: $104,230
  • Related: $0
  • Other: $0

    • Dan Kloczkowski (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Henry Hank Govekar (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Wegge-Slipke (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Dallstream (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Corey Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Friedl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessica Hiett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ctcu.org

    Where can I find the form 990 for Community Trust Credit Union?

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


    Official website here: www.ctcu.org

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

    Mission Statement of Community Trust Credit Union

    Community Trust Credit Union is dedicated to helping its members achieve financial stability and prosperity. By offering a range of financial services, the credit union supports its members in managing their finances effectively. These services include loans, savings accounts, and home banking facilities, which have assisted over 10,565 members in improving their financial situation. Furthermore, over 13,858 members have deposited their savings with the credit union, demonstrating the trust and confidence placed in the institution.

    The mission of Community Trust Credit Union is to empower its members to take control of their financial well-being. Through the provision of loans, members can invest in their future by purchasing homes, starting businesses, or funding education. Savings accounts allow members to build a financial safety net, ensuring they are prepared for unexpected expenses. Additionally, the credit union's home banking services provide members with the convenience to manage their finances from the comfort of their own homes. By offering these services, Community Trust Credit Union fosters financial independence and security for its members.

    Impact

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




    Thursday, August 15, 2024

    Community Trust Credit Union's impact is profound as it empowers its members in Gurnee, IL to effectively manage their financial well-being through the provision of loans, savings accounts, and other financial institution services. Their dedication to assisting members with financial management has positively impacted over 10,565 individuals. Additionally, the credit union has received deposits on savings from 13,858 members, further demonstrating its commitment to fostering financial stability within the community. Through their public benefit tag, Community Trust Credit Union continues to play a crucial role in enhancing the financial health and security of 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: $3,041,038
  • Program Service Revenue: $8,831,157
  • Gross Receipts: $11,872,195

    • Assets and Liabilities:
  • Total Assets: $313,408,662
  • Total Liabilities: $285,783,992
  • Net Assets: $27,624,670
  • Programs

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

    INCOME FROM LOANS TO MEMBERS

    Revenue

    $4,837,803

    INCOME FROM FEES AND CHARGES

    Revenue

    $3,993,354

    Organization Details

    Founding Year

    1933

    Principal Officer

    Carol Analla

    Main Address

    1313 SKOKIE HWY, GURNEE, IL, 60031

    NTEE Category

    Code: W61 - Public benefit

    If you are a representative of Community Trust 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.