Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu

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

EIN: 381464920 ✦ Ann arbor, MI ✦ Designated as a 501(c)(14)

Overview

What is Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu?

University of Michigan Credit Union, chartered in Michigan, is a financial institution catering to 115,824 members. They offer various account types, including regular shares, share drafts, certificates of deposit, IRAs, club accounts, and business accounts, totaling 231,899. Their primary mission is to provide financial services to member-owners who share a common bond. The credit union prides itself on delivering these services at a reasonable cost. With a workforce of 238 employees, they remain committed to serving their diverse membership base.


Official website here: www.umcu.org

Is Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu legitimate?

Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu 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: $2,804,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,071,661

For more financial information, click here


Official website here: www.umcu.org

What is the mission statement of Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu?

The University of Michigan Credit Union, chartered in Michigan, is committed to delivering financial services to its member-owners. This financial institution offers a diverse range of services designed to benefit its members at affordable costs. The mission of the University of Michigan Credit Union is to provide financial solutions for its membership base. It caters to over 115,000 members, offering regular shares, share drafts, certificates of deposit, IRAs, club accounts, and business accounts, adding up to a total of 231,899. The credit union's services aim to meet the financial needs of its members effectively.


Official website here: www.umcu.org

Who is the CEO of Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu?

Tiffany Ford is the President/Ceo of Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu. The CEO's salary of Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu is $1,192,068 and their total compensation is $1,211,068.


Official website here: www.umcu.org

What is the revenue of Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu?

Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu's revenue in 2022 was $52,711,293.


Official website here: www.umcu.org

Who are the executives of Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu and what are their salaries?

The average compensation at Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu during 2022 was $58,305. There are 238 employees and 11 volunteers at Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu.

Here are 22 key members and their salaries (Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu's CEO's salary is $1,192,068 and their total compensation is $1,211,068):

    Tiffany Ford (President/Ceo)
  • Compensation: $1,192,068
  • Related: $0
  • Other: $19,000

    • Tomas Kuslikis Sr (Chief Financial Officer)
  • Compensation: $232,062
  • Related: $0
  • Other: $29,804

    • Patricia Keene (Chief Human Resources Officer)
  • Compensation: $232,868
  • Related: $0
  • Other: $21,268

    • Deanne Ramos (Chief Retail Officer)
  • Compensation: $216,977
  • Related: $0
  • Other: $25,414

    • Tina Hamilton (Chief Lending Officer)
  • Compensation: $211,862
  • Related: $0
  • Other: $22,263

    • Marcus English (Chief Digital Officer)
  • Compensation: $192,513
  • Related: $0
  • Other: $23,250

    • Xiang Wu (Chief Technology Officer)
  • Compensation: $190,099
  • Related: $0
  • Other: $23,761

    • Donna Doleman (Chief Marketing Officer)
  • Compensation: $154,264
  • Related: $0
  • Other: $17,404

    • Joseph Louis-Ferdinand (Network Admin Manager)
  • Compensation: $127,263
  • Related: $0
  • Other: $28,180

    • Minal Kamat (Avp Branch Operations)
  • Compensation: $112,184
  • Related: $0
  • Other: $26,197

    • Robin Campbell (Executive Assistant)
  • Compensation: $114,312
  • Related: $0
  • Other: $14,373

    • Erica Botka (Human Resources Manager)
  • Compensation: $117,119
  • Related: $0
  • Other: $10,997

    • Brittany Zielinksi (Avp Branch Operations)
  • Compensation: $109,336
  • Related: $0
  • Other: $9,692

    • Paul Kirsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lukeland Gentles (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Cianciola (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Mary Krasny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Bennett (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Parker (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Earl Bell (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjie Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.umcu.org

    Where can I find the form 990 for Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu?

    The Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.umcu.org

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

    Mission Statement of Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu

    University of Michigan Credit Union, a Michigan-chartered financial institution, is committed to offering a comprehensive suite of financial services to its member-owners. This credit union, with a mission to provide financial services to those sharing a common bond, boasts a membership base of over 115,800 individuals.

    The credit union's offerings encompass various account types such as regular shares, share drafts, certificates of deposit, IRAs, club accounts, and business accounts, collectively totalling 231,899. The institution prides itself on offering these services at a reasonable cost to its member-owners. By doing so, University of Michigan Credit Union ensures that its members have access to the financial tools they need to manage their money effectively and affordably.

    In summary, University of Michigan Credit Union is a Michigan-based financial cooperative that caters to the financial needs of its 115,800+ member-owners. Through its diverse range of financial services, the credit union empowers its members to make informed financial decisions and build a strong financial future.

    Impact

    This information is meant to be a general summary of Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Credit Unions Chartered In The State Of Michigan-University Of Michigan Cu's impact includes providing financial services to its 115,824 member-owners in Ann Arbor, MI. They offer regular shares, share drafts, certificates of deposit, IRAs, club, and business accounts, totaling 231,899. The credit union's mission is to provide a wide range of financial services to its members at a reasonable cost.





    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: $1,532,558
  • Program Service Revenue: $50,065,951
  • Gross Receipts: $52,711,293

    • Assets and Liabilities:
  • Total Assets: $1,361,434,664
  • Total Liabilities: $1,258,464,824
  • Net Assets: $102,969,840
  • Programs

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

    LOAN INTEREST

    Revenue

    $36,228,301

    FEE AND OTHER INCOME

    Revenue

    $13,837,650

    Organization Details

    Founding Year

    1954

    Principal Officer

    Tiffany Ford

    Main Address

    340 E HURON, ANN ARBOR, MI, 48104

    NTEE Category

    Code: W60 - Public benefit

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