Overview
What is Credit Unions Chartered In The State Of Michigan?
Credit Unions Chartered in the State of Michigan is a member-owned financial cooperative dedicated to promoting financial well-being for its 22,794 members. Based in Royal Oak, Michigan, the cooperative offers loans, deposits, and various financial products. With a team of 82 employees, they are committed to upholding the highest standards in their relationships with members, employees, and the local community. As a nonprofit, they aim to maintain solid earnings and reserves for sound growth and member confidence.
Official website here: www.ourcuonline.org
Is Credit Unions Chartered In The State Of Michigan legitimate?
Credit Unions Chartered In The State Of Michigan is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Michigan 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: $710,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,941,821
For more financial information, click here
Official website here: www.ourcuonline.org
What is the mission statement of Credit Unions Chartered In The State Of Michigan?
Credit Unions Chartered in Michigan prioritize the financial well-being of their members, employees, and the local community. Operating as a member-owned financial cooperative, they uphold the highest standards in their relationships. Committed to promoting sound growth, they maintain adequate earnings and reserves. This approach encourages member confidence and strengthens their commitment to their community. By offering loans, deposits, and various financial products, they have helped 22,794 members save and manage their money effectively.
Official website here: www.ourcuonline.org
Who is the CEO of Credit Unions Chartered In The State Of Michigan?
Dan Maiorano is the Chief Financial Officer of Credit Unions Chartered In The State Of Michigan. The CEO's salary of Credit Unions Chartered In The State Of Michigan is $225,000 and their total compensation is $245,000.
Official website here: www.ourcuonline.org
What is the revenue of Credit Unions Chartered In The State Of Michigan?
Credit Unions Chartered In The State Of Michigan's revenue in 2022 was $17,406,777.
Official website here: www.ourcuonline.org
Who are the executives of Credit Unions Chartered In The State Of Michigan and what are their salaries?
The average compensation at Credit Unions Chartered In The State Of Michigan during 2022 was $56,730. There are 82 employees and 6 volunteers at Credit Unions Chartered In The State Of Michigan.
Here are 10 key members and their salaries (Credit Unions Chartered In The State Of Michigan's CEO's salary is $225,000 and their total compensation is $245,000):
- Darren Cameron (President Ceo)
- Tom Baran (Chief Lending Officer)
- Stacy Wilson (Chief Operations Officer)
- Dan Maiorano (Chief Financial Officer)
- Brian Cook (Board Chairman) [Trustee/Director]
- Tom Cardelli (Board Vice Chairman) [Trustee/Director]
- Joel Deshane (Board Director)
- Susan Anderson (Board Director)
- James Dresbach (Board Director)
- Joe Kripili (Board Director)
Official website here: www.ourcuonline.org
Where can I find the form 990 for Credit Unions Chartered In The State Of Michigan?
The Credit Unions Chartered In The State Of Michigan’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.ourcuonline.org
Learn more at the official website: www.ourcuonline.org
Mission Statement of Credit Unions Chartered In The State Of Michigan
Credit Unions Chartered In Michigan is a member-owned financial cooperative, committed to the financial well-being of its members, employees, and the local community. The organization upholds the highest standards in its relationships, ensuring a strong bond with those it serves. As a responsible financial institution, Credit Unions Chartered In Michigan maintains sound earnings and reserves, promoting steady growth and fostering member confidence. By offering loans, deposits, and various financial products, the cooperative encourages thrift among its 22,794 members. In essence, Credit Unions Chartered In Michigan serves as a trusted financial partner for its members, prioritizing their needs and striving for their long-term financial success.
Impact
This information is meant to be a general summary of Credit Unions Chartered In The State Of Michigan. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Credit Unions Chartered In The State Of Michigan has had a significant impact on promoting thrift and financial well-being in its community of Royal Oak, MI. By offering loans, deposits, and other financial products to its 22,794 members, this credit union has played a crucial role in nurturing financial stability among individuals and businesses. Upholding the highest standards in its relationships with members, employees, and the community, this member-owned financial cooperative has fostered a culture of trust and responsibility. Through sound growth and maintaining earnings and reserves, Credit Unions Chartered In The State Of Michigan has instilled confidence in its members while actively contributing to the economic well-being of the local community.
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.
INTEREST ON LOANS
Revenue
$11,216,290
FEES AND CHARGES
Revenue
$3,994,919
Organization Details
Founding Year
1959
Phone
(248) 549-3838
Principal Officer
Dan Maiorano
Main Address
3070 NORMANDY RD, ROYAL OAK, MI, 480732226
Website
www.ourcuonline.org
NTEE Category
Code: W60 - Public benefit
If you are a representative of Credit Unions Chartered In The State Of Michigan 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.