Overview
What is People Driven Credit Union?
People Driven Credit Union is a member-owned financial organization based in Southfield, Michigan, with an address at 24333 Lahser Road, 48033. They cater to over 20,000 members, offering a wide range of financial services, including loans, savings, checking, certificates of deposit, and Individual Retirement Account (IRA) accounting. In total, they manage approximately 65,000 accounts. Their mission is to promote financial well-being among their members through thrift and the prudent use of credit. They accomplish this by providing competitive, convenient financial services in a rewarding work environment, encouraging volunteer member participation, and fostering a challenging career path for employees. The credit union's primary objective is to help its members achieve financial success.
Official website here: www.peopledrivencu.org
Is People Driven Credit Union legitimate?
People Driven Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. People Driven 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: $1,527,414
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,916,298
For more financial information, click here
Official website here: www.peopledrivencu.org
What is the mission statement of People Driven Credit Union?
People Driven Credit Union is a member-owned financial organization dedicated to promoting the financial well-being of its membership. By fostering thrift and encouraging prudent credit use, the credit union aims to provide convenient and competitively priced financial services. This mission is carried out in an environment that offers employees challenging and rewarding careers while also encouraging volunteer member participation. The credit union's primary objective is to help its members achieve financial success.
Official website here: www.peopledrivencu.org
Who is the CEO of People Driven Credit Union?
Renee Demarco is the Principal Officer of People Driven Credit Union. The CEO's salary of People Driven Credit Union is $601,576 and their total compensation is $897,185.
Official website here: www.peopledrivencu.org
What is the revenue of People Driven Credit Union?
People Driven Credit Union's revenue in 2022 was $15,327,663.
Official website here: www.peopledrivencu.org
Who are the executives of People Driven Credit Union and what are their salaries?
The average compensation at People Driven Credit Union during 2022 was $56,705. There are 96 employees and 7 volunteers at People Driven Credit Union.
Here are 12 key members and their salaries (People Driven Credit Union's CEO's salary is $601,576 and their total compensation is $897,185):
- Renee D Demarco (President/Ceo)
- Margaret Lamb (Cfo)
- Emily Roberts (Coo)
- Brian Howell (Cio)
- Jeffrey Deshane (Vp Lending)
- Lisa Schwark (Vp Mortgages)
- Scott Sullivan (Vp Marketing)
- Michelle Rhodes (Board Member) [Trustee/Director]
- Dennis W Paradowski (Board Treasurer) [Trustee/Director]
- Carol Domino (Board Secretary) [Trustee/Director]
- Ronnie Williams (Board Vice Chair) [Trustee/Director]
- Claudia Hunter (Board Chair) [Trustee/Director]
Official website here: www.peopledrivencu.org
Where can I find the form 990 for People Driven Credit Union?
The People Driven Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.peopledrivencu.org
Learn more at the official website: www.peopledrivencu.org
Mission Statement of People Driven Credit Union
People Driven Credit Union, a member-owned financial organization, is dedicated to promoting the financial well-being of its membership. By fostering thrift and encouraging the prudent use of credit, the Credit Union achieves this mission. Through convenient and competitively priced financial services, members are equipped to work towards financial success.
Moreover, People Driven Credit Union goes beyond just offering financial services. It provides a challenging and rewarding career environment for employees, encouraging their participation and growth. The Credit Union's commitment to its members extends to volunteer opportunities, allowing them to engage and contribute to the organization.
People Driven Credit Union's mission is not limited to financial services. It aims to create an environment that not only improves the financial lives of its members but also provides a fulfilling career experience for its employees. By providing quality financial services, the Credit Union helps its members make informed decisions and save costs, leading them towards a brighter financial future.
Impact
This information is meant to be a general summary of People Driven Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
People Driven Credit Union's impact is significant in fostering financial success and well-being among its 20,829 members in Southfield, MI. By providing a range of financial services such as loans, savings, checking accounts, certificates of deposit, and IRAs, People Driven Credit Union is actively helping its members achieve their financial goals. The credit union's mission to promote thrift and prudent credit use contributes to the overall financial health of its members, while also creating a rewarding work environment for employees and encouraging volunteer member participation. Overall, People Driven Credit Union's dedication to providing convenient, competitively priced, and quality financial services is making a positive impact on the community it serves.
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
$8,731,372
FEES AND CHARGES
Revenue
$4,799,142
Organization Details
Founding Year
1928
Phone
(248) 263-4100
Principal Officer
Renee Demarco
Main Address
24333 LAHSER ROAD, SOUTHFIELD, MI, 48033
Website
www.peopledrivencu.org
NTEE Category
Code: W60 - Public benefit
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