Greenstate Credit Union

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

EIN: 420804594 ✦ North liberty, IA ✦ Designated as a 501(c)(14)

Overview

What is Greenstate Credit Union?

Greenstate Credit Union, located at 2355 Landon Road, North Liberty, Iowa, 52317, is a financial institution dedicated to enhancing the lives of its community members. With a staff of 1,124 employees, Greenstate Credit Union offers lending services, originating approximately $3.275 billion in mortgages, consumer loans, commercial loans, and first mortgages sold in the secondary market in 2022. Their mission revolves around promoting the financial well-being of residents. By providing various loan options, Greenstate Credit Union strives to improve the overall quality of life in its communities.


Official website here: www.greenstate.org

Is Greenstate Credit Union legitimate?

Greenstate Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Greenstate 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: $6,993,555
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,266,153

For more financial information, click here


Official website here: www.greenstate.org

What is the mission statement of Greenstate Credit Union?

Greenstate Credit Union strives to enhance the living standards in the communities it serves by focusing on the financial health of its residents. The mission of the credit union is to promote financial well-being. Through its lending services, Greenstate Credit Union facilitated approximately $3.176 billion in loans in various categories in 2022. These loans included $1.205 billion in in-house mortgage loans, $1.933 billion in consumer loans, and $1.037 billion in commercial loans. Additionally, the credit union originated $936.98 million in first mortgage loans, which were sold on the secondary market.


Official website here: www.greenstate.org

Who is the CEO of Greenstate Credit Union?

Todd Fanning is the President & Ceo of Greenstate Credit Union. The CEO's salary of Greenstate Credit Union is $2,038,821 and their total compensation is $2,096,738.


Official website here: www.greenstate.org

What is the revenue of Greenstate Credit Union?

Greenstate Credit Union's revenue in 2022 was $499,617,400.


Official website here: www.greenstate.org

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

The average compensation at Greenstate Credit Union during 2022 was $61,619. There are 1,124 employees and 11 volunteers at Greenstate Credit Union.

Here are 24 key members and their salaries (Greenstate Credit Union's CEO's salary is $2,038,821 and their total compensation is $2,096,738):

    Jeffrey A Disterhoft (President & Ceo)
  • Compensation: $2,038,821
  • Related: $0
  • Other: $57,917

    • Marsha L Wolff (Chief Hr & Information Officer)
  • Compensation: $1,103,155
  • Related: $0
  • Other: $50,298

    • Katherine B Courtney (Chief Operating Officer)
  • Compensation: $791,952
  • Related: $0
  • Other: $41,745

    • Todd D Fanning (Evp & Chief Financial Officer)
  • Compensation: $733,463
  • Related: $0
  • Other: $35,862

    • Amy K Henderson (Chief Consumer Service Officer)
  • Compensation: $699,930
  • Related: $0
  • Other: $57,917

    • Felisha A Junge (Mortgage Loan Officer)
  • Compensation: $653,430
  • Related: $0
  • Other: $8,043

    • Peter D Johnson (Mortgage Loan Officer)
  • Compensation: $545,232
  • Related: $0
  • Other: $30,528

    • James F Kelly (Chief Marketing Officer)
  • Compensation: $538,718
  • Related: $0
  • Other: $33,310

    • Scott R Langenberg (Mortgage Loan Officer)
  • Compensation: $515,149
  • Related: $0
  • Other: $11,368

    • Michael R Ward (Mortgage Loan Officer)
  • Compensation: $466,872
  • Related: $0
  • Other: $28,187

    • Laura R Meeker (Svp/Regional Retail Manager)
  • Compensation: $460,503
  • Related: $0
  • Other: $28,213

    • Ryan M Doehrmann (Chief Mortgage Officer)
  • Compensation: $385,481
  • Related: $0
  • Other: $25,550

    • Samantha R Mcsorley (Chief Commercial Officer)
  • Compensation: $392,951
  • Related: $0
  • Other: $6,485

    • Laurel Day (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Drew Denning (Bod - Cfo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mj Dolan (Governance Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynsey Engels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fred Mims (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marc Moen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Loras Neuroth (Audit/Risk Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tiffany O'Donnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andre Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Rolinger (Credit Committee Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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


  • Official website here: www.greenstate.org

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

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


    Official website here: www.greenstate.org

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

    Mission Statement of Greenstate Credit Union

    Greenstate Credit Union, with its mission, strives to enhance the living standards of communities by advocating for the financial prosperity of its residents. By providing essential lending services to its credit union members, Greenstate Credit Union played a significant role in originating an impressive volume of loans in various sectors in 2022. In the realm of mortgages, the credit union arranged $1.205 billion of in-house loans, while a substantial $1.933 billion was granted for consumer loans. Moreover, the organization facilitated a noteworthy $1.037 billion worth of commercial loans. Additionally, Greenstate Credit Union originated an additional $936.98 million in first mortgage loans, which were subsequently sold on the secondary market. Overall, Greenstate Credit Union's unwavering commitment to its mission shines through its dedication to improving the financial well-being of its members and, in turn, enriching the lives of those in the communities it serves.

    Impact

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




    Thursday, August 15, 2024

    Greenstate Credit Union has a significant impact on improving the quality of life in our communities by promoting the financial well-being of our residents. In 2022 alone, the credit union originated substantial amounts of in-house mortgage, consumer, and commercial loans, totaling billions of dollars. Additionally, they facilitated the origination and sale of first mortgage loans on the secondary market. Through these lending services, Greenstate Credit Union plays a pivotal role in supporting the financial needs of its membership and contributing to the economic growth and stability of the communities it serves.





    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: $13,735,708
  • Program Service Revenue: $423,087,687
  • Gross Receipts: $505,947,699

    • Assets and Liabilities:
  • Total Assets: $11,278,583,077
  • Total Liabilities: $10,369,107,740
  • Net Assets: $909,475,337
  • Programs

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

    LOAN INTEREST REVENUE

    Revenue

    $408,892,246

    ATM FEE REVENUE

    Revenue

    $14,195,441

    Organization Details

    Founding Year

    1938

    Principal Officer

    Todd Fanning

    Main Address

    2355 Landon Road, North Liberty, IA, 523170800

    NTEE Category

    Code: W60 - Public benefit

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