Embers Credit Union

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

EIN: 381489465 ✦ Marquette, MI ✦ Designated as a 501(c)(14)

Overview

What is Embers Credit Union?

Embers Credit Union is a financial institution based in Marquette, Michigan, with an address at 601 S McClellan Ave. The credit union offers various deposit account options, such as savings, checking, certificates, and others, to its 30,676 members as of December 31, 2022. Embers Credit Union's mission is to provide essential financial services and products to its members. The organization currently employs 167 individuals and focuses on delivering financial solutions to its members.


Official website here: www.embers.org/

Is Embers Credit Union legitimate?

Embers Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Embers 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: $1,448,827
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,730,273

For more financial information, click here


Official website here: www.embers.org/

What is the mission statement of Embers Credit Union?

Embers Credit Union is committed to offering financial services and products to its member base. This mission is encapsulated in the Credit Union's description, which states that it provides various deposit account options such as savings, checking, certificates, and others. As of December 31, 2022, the Credit Union boasts a membership of 30,676 individuals. By focusing on meeting the financial needs of its members, Embers Credit Union aims to build a strong and supportive community.


Official website here: www.embers.org/

Who is the CEO of Embers Credit Union?

Tom Blake is the Ceo of Embers Credit Union. The CEO's salary of Embers Credit Union is $301,800 and their total compensation is $347,498.


Official website here: www.embers.org/

What is the revenue of Embers Credit Union?

Embers Credit Union's revenue in 2022 was $21,128,039.


Official website here: www.embers.org/

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

The average compensation at Embers Credit Union during 2022 was $42,989. There are 167 employees and 14 volunteers at Embers Credit Union.

Here are 18 key members and their salaries (Embers Credit Union's CEO's salary is $301,800 and their total compensation is $347,498):

    Tom Blake (Ceo)
  • Compensation: $301,800
  • Related: $0
  • Other: $45,698

    • Brenda Lippens (President)
  • Compensation: $218,866
  • Related: $0
  • Other: $38,941

    • David Black (Svp/Coo)
  • Compensation: $181,667
  • Related: $0
  • Other: $35,309

    • Matt Nord (Clo)
  • Compensation: $174,696
  • Related: $0
  • Other: $35,337

    • Justin Store (Ciso)
  • Compensation: $117,647
  • Related: $0
  • Other: $30,444

    • Jennifer Stempki (Cfo)
  • Compensation: $126,154
  • Related: $0
  • Other: $20,658

    • Laurie Wills (Dir Branch Srv)
  • Compensation: $110,181
  • Related: $0
  • Other: $11,428

    • Scott Jamieson (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Villa-Mogush (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Ferns (Secretary/Treas) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Canale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Vear (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leonard Angeli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Kulbieda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail Anthony (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Wasilewski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Lynch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Vanportfliet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.embers.org/

    Where can I find the form 990 for Embers Credit Union?

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


    Official website here: www.embers.org/

    Learn more at the official website: www.embers.org/

    Mission Statement of Embers Credit Union

    Embers Credit Union, a member-focused financial institution, is dedicated to delivering essential financial services and products to its membership base. In simple terms, Embers Credit Union's mission is to cater to its members' financial needs, offering them a range of deposit account options that includes savings, checking, certificates, and more.

    With a strong commitment to its members, Embers Credit Union has grown its membership to 30,676 individuals as of December 31, 2022. The Credit Union's unwavering dedication to its members is evident in its varied offerings designed to accommodate the diverse financial requirements of its clientele. By providing accessible and affordable financial solutions, Embers Credit Union aims to foster financial stability and growth for its members.

    Embers Credit Union's member-centric approach ensures that it remains an indispensable partner for its clients in managing their financial affairs. The Credit Union's mission extends beyond just offering deposit accounts, as it continually works towards enhancing its services and products to cater to the evolving needs of its members. This commitment to putting its members first sets Embers Credit Union apart, making it an essential resource for those seeking reliable financial services and guidance.

    Impact

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




    Thursday, August 15, 2024

    Embers Credit Union's impact is significant in providing financial services and products to its members. The Credit Union offers various deposit account types, including savings, checking, and certificates, to meet the financial needs of its 30,676 members as of December 31, 2022. By offering these services, Embers Credit Union plays a crucial role in supporting the financial well-being and stability of its members in MARQUETTE, MI.





    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: $2,298,349
  • Program Service Revenue: $18,819,582
  • Gross Receipts: $21,254,161

    • Assets and Liabilities:
  • Total Assets: $485,631,668
  • Total Liabilities: $441,781,591
  • Net Assets: $43,850,077
  • Programs

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

    Fees & Charges

    Revenue

    $5,228,795

    Income from Insurance

    Revenue

    $4,763

    Interest on Loans

    Revenue

    $13,321,261

    Non-Member ATM Fees

    Revenue

    $3,678

    Other Program Revenue

    Revenue

    $261,085

    Organization Details

    Founding Year

    1953

    Principal Officer

    Tom Blake

    Main Address

    601 S McClellan Ave, Marquette, MI, 49855

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Embers 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.