Credit Unions Chartered In The State Of Michigan

Kellogg Community Credit Union

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

EIN: 386060726 ✦ Battle creek, MI ✦ Designated as a 501(c)(14)

Overview

What is Credit Unions Chartered In The State Of Michigan?

Kellogg Community Credit Union, a credit union chartered in Michigan, is a member-owned financial institution serving families for decades. The organization, with a workforce of 205 employees, is unique as it is governed and owned by its members who utilize its products and services. This structure sets it apart from other financial institutions, providing more opportunities for its members. The credit union's foundation comes from income generated through membership and the investment of members' funds. It operates with the mission to promote the financial well-being of all its members.


Official website here: www.kelloggccu.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: $961,242
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,213,908

For more financial information, click here


Official website here: www.kelloggccu.org

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

Credit Unions Chartered in the State of Michigan, also known as KCCU, is a full-service financial institution that has been serving families for decades. This credit union stands out from other financial institutions due to its unique structure. It is owned and governed by the very people who utilize its products and services. Each member holds a share in the credit union, contributing to its cooperative nature. The mission of KCCU is to promote the financial well-being of all its members. It operates with the goal of providing more opportunities than other institutions by being a member-owned and member-governed entity.


Official website here: www.kelloggccu.org

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

Tracy Miller is the Chairperson of Credit Unions Chartered In The State Of Michigan. The CEO's salary of Credit Unions Chartered In The State Of Michigan is $371,334 and their total compensation is $417,813.


Official website here: www.kelloggccu.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 $40,430,087.


Official website here: www.kelloggccu.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 $44,757. There are 205 employees and 12 volunteers at Credit Unions Chartered In The State Of Michigan.

Here are 17 key members and their salaries (Credit Unions Chartered In The State Of Michigan's CEO's salary is $371,334 and their total compensation is $417,813):

    Tracy Miller (Ceo)
  • Compensation: $371,334
  • Related: $0
  • Other: $46,479

    • Lindsey R Law (Clo)
  • Compensation: $170,477
  • Related: $0
  • Other: $14,461

    • Anthony Wright (Cfo)
  • Compensation: $156,796
  • Related: $0
  • Other: $27,896

    • Amber Mallernee (Cco)
  • Compensation: $142,566
  • Related: $0
  • Other: $31,233

    • Kirk Schwarz (Senior Business Development Officer)
  • Compensation: $124,109
  • Related: $0
  • Other: $29,113

    • Jerald Pawlowicz (Financial Advisor)
  • Compensation: $124,295
  • Related: $0
  • Other: $25,416

    • Rick Albaugh (Vp Of It)
  • Compensation: $106,662
  • Related: $0
  • Other: $20,836

    • Katie L Fullmer (Mortgage Loan Originator)
  • Compensation: $107,861
  • Related: $0
  • Other: $14,641

    • Rori Ross (Vp Of Marketing)
  • Compensation: $106,565
  • Related: $0
  • Other: $8,479

    • Henry Pat Rolfe (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger E Pitzer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Casey (Director/Supervisory Committee Chai)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Bouma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Miller (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • E Paul Chambers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marie Smith (Vice Chairpeson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cj Demarest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.kelloggccu.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.kelloggccu.org

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

    Mission Statement of Credit Unions Chartered In The State Of Michigan

    KCCU, a Michigan-chartered credit union, has been dedicated to serving families for decades. Different from other financial institutions, KCCU is unique as it is owned and governed by its members who utilize its products and services. Each member holds a share in the credit union, and it operates with the primary objective of promoting the financial well-being of all its members.

    KCCU's mission lies in offering more opportunities than other financial institutions due to its member-owned structure. The credit union's governance ensures that it caters to the financial needs and interests of its members, fostering a sense of community and collaboration. Members' collective ownership translates into a financial institution that prioritizes their financial health, setting it apart from traditional financial institutions.

    In essence, KCCU functions as a cooperative, where every member has a stake and a voice in its operations. By promoting the financial well-being of its members, the credit union aims to create a positive impact on their lives. The member-owned structure not only allows for greater control and involvement but also cultivates a sense of unity and shared goals among its members.

    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, like other credit unions, plays a significant role in the financial landscape by providing more opportunities to its members than traditional financial institutions. As a member-owned and member-governed organization, it operates with the mission of promoting the financial well-being of all its members. By offering a range of financial services and products, such as loans, savings accounts, and investment opportunities, this credit union contributes to the economic growth and stability of its members in Battle Creek, Michigan. Its income from membership and investment activities forms the basis for providing essential financial services to its restricted membership, ultimately benefiting the community.





    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: $3,778,537
  • Program Service Revenue: $36,412,718
  • Gross Receipts: $41,018,638

    • Assets and Liabilities:
  • Total Assets: $830,760,566
  • Total Liabilities: $716,268,496
  • Net Assets: $114,492,070
  • Programs

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

    INCOME ON LOANS

    Revenue

    $25,435,137

    FEES/CHARGES/OTHER

    Revenue

    $10,977,581

    Organization Details

    Founding Year

    1941

    Principal Officer

    Tracy Miller

    Main Address

    PO BOX 140, BATTLE CREEK, MI, 490160140

    NTEE Category

    Code: W60 - Public benefit

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