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Georgia's Own Credit Union

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

EIN: 580147128 ✦ Atlanta, GA ✦ Designated as a 501(c)(14)

Overview

What is Georgia's Own Credit Union?

Georgia's Own Credit Union is an Atlanta-based financial institution and credit union that caters to over 200,000 members. With a mission driven by purpose, the credit union offers savings and lending programs. Their operations extend beyond just banking, as they prioritize serving their community.


Official website here: www.gerogiasown.org

Is Georgia's Own Credit Union legitimate?

Georgia's Own Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Georgia's Own 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: $7,307,229
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,514,551

For more financial information, click here


Official website here: www.gerogiasown.org

What is the mission statement of Georgia's Own Credit Union?

Georgia's Own Credit Union is a purpose-driven financial institution serving over 200,000 members with savings and lending programs. Their mission goes beyond typical banking services, as they prioritize making a positive impact on their community. Through various savings and lending programs, this credit union aims to improve the financial well-being of its members. By focusing on their mission, Georgia's Own Credit Union distinguishes itself as more than just a financial institution.


Official website here: www.gerogiasown.org

Who is the CEO of Georgia's Own Credit Union?

David A Preter is the Director/Ceo of Georgia's Own Credit Union. The CEO's salary of Georgia's Own Credit Union is $2,062,826 and their total compensation is $2,224,879.


Official website here: www.gerogiasown.org

What is the revenue of Georgia's Own Credit Union?

Georgia's Own Credit Union's revenue in 2022 was $209,813,141.


Official website here: www.gerogiasown.org

Who are the executives of Georgia's Own Credit Union and what are their salaries?

The average compensation at Georgia's Own Credit Union during 2022 was $61,925. There are 853 employees at Georgia's Own Credit Union.

Here are 27 key members and their salaries (Georgia's Own Credit Union's CEO's salary is $2,062,826 and their total compensation is $2,224,879):

    David A Preter (Director/Ceo)
  • Compensation: $2,062,826
  • Related: $0
  • Other: $162,053

    • Barry Heape (President Market Development)
  • Compensation: $1,426,801
  • Related: $0
  • Other: $74,402

    • John Carew (Chief Strategy Officer)
  • Compensation: $778,433
  • Related: $0
  • Other: $98,443

    • Robert Youngblood (Regional President Southwest Region)
  • Compensation: $762,052
  • Related: $0
  • Other: $40,966

    • Drew Putt (Chief Business Officer)
  • Compensation: $543,735
  • Related: $0
  • Other: $203,020

    • Kelly Garmon (Chief Retail Officer)
  • Compensation: $512,297
  • Related: $0
  • Other: $153,730

    • Eric Broome (Chief Operations Officer)
  • Compensation: $479,184
  • Related: $0
  • Other: $112,391

    • Cindy Boyles (Chief Administrative & Talent Officer)
  • Compensation: $434,350
  • Related: $0
  • Other: $141,742

    • Christin Hewitt (Chief Financial Officer)
  • Compensation: $422,412
  • Related: $0
  • Other: $57,863

    • Matthew Havice (Chief Risk Officer & General Counsel)
  • Compensation: $350,011
  • Related: $0
  • Other: $49,890

    • Aaron Craig (Vp, Mortgage & Indirect Sales)
  • Compensation: $324,336
  • Related: $0
  • Other: $67,390

    • Kevan Williamson (Chief Technology Officer)
  • Compensation: $322,904
  • Related: $0
  • Other: $58,420

    • Teresa Martin (Svp Accounting)
  • Compensation: $285,469
  • Related: $0
  • Other: $60,425

    • Michael Stone (Svp Commercial Lending)
  • Compensation: $289,080
  • Related: $0
  • Other: $47,630

    • Rodney Cowan (Svp Hr & Talent Development)
  • Compensation: $281,742
  • Related: $0
  • Other: $41,800

    • Greg L Gibson (Former Chief Financial Officer)
  • Compensation: $242,514
  • Related: $0
  • Other: $44,854

    • Patrick H Casey (Director- Treasurer)
  • Compensation: $27,673
  • Related: $0
  • Other: $0

    • William E Conine (Director)
  • Compensation: $27,673
  • Related: $0
  • Other: $0

    • James L Fowler (Director)
  • Compensation: $27,673
  • Related: $0
  • Other: $0

    • Joan K Sims (Director- Secretary)
  • Compensation: $27,585
  • Related: $0
  • Other: $0

    • David Dickey (Director- Vice Chairperson)
  • Compensation: $27,509
  • Related: $0
  • Other: $0

    • Michael W Baumgartner (Director)
  • Compensation: $27,509
  • Related: $0
  • Other: $0

    • Gary M Ludgood (Director)
  • Compensation: $27,509
  • Related: $0
  • Other: $0

    • Thomas H Pollock (Director)
  • Compensation: $27,490
  • Related: $0
  • Other: $0

    • Richard E Burns (Director-Chairperson)
  • Compensation: $27,414
  • Related: $0
  • Other: $0

    • Ervin M Walker (Director)
  • Compensation: $27,414
  • Related: $0
  • Other: $0

    • George Reynolds (Director)
  • Compensation: $26,243
  • Related: $0
  • Other: $0


  • Official website here: www.gerogiasown.org

    Where can I find the form 990 for Georgia's Own Credit Union?

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


    Official website here: www.gerogiasown.org

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

    Mission Statement of Georgia's Own Credit Union

    Georgia's Own Credit Union is a purpose-driven financial institution and credit union based in Atlanta, serving over 200,000 members. With a mission to make a difference, the credit union goes beyond traditional banking services, offering savings and lending programs.

    At the heart of Georgia's Own Credit Union lies a strong commitment to its members. The organization is more than just a financial institution; it is a community dedicated to improving the lives of those it serves. Through its various savings and lending programs, Georgia's Own Credit Union empowers its members to reach their financial goals and build a better future for themselves and their families.

    Georgia's Own Credit Union's purpose-driven mission is not limited to financial services. The credit union is deeply invested in making a positive impact in the lives of its members and the community at large. By providing accessible and affordable financial solutions, the organization helps its members navigate the complexities of financial management and achieve long-term financial stability.

    In summary, Georgia's Own Credit Union is an Atlanta-based financial institution that goes above and beyond to serve over 200,000 members with savings and lending programs, all while driven by a purpose to make a difference in the lives of its members and the community.

    Impact

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




    Thursday, August 15, 2024

    Georgia's Own Credit Union, an Atlanta-based financial institution, is making a significant impact by serving over 200,000 members with savings and lending programs. Through their purpose-driven mission, they are providing valuable financial services to individuals and communities in Georgia. Their presence in the banking sector is helping people access essential financial tools and support, contributing to economic stability and growth in the region.





    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: $12,720,094
  • Program Service Revenue: $197,093,047
  • Gross Receipts: $413,382,426

    • Assets and Liabilities:
  • Total Assets: $4,739,869,220
  • Total Liabilities: $4,408,333,514
  • Net Assets: $331,535,706
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $133,009,007

    OTHER INCOME

    Revenue

    $42,306,202

    FEE INCOME

    Revenue

    $21,064,988

    FINANCE & INSURANCE

    Revenue

    $652,850

    PROFESSIONAL SCIENTIFIC AND TECHN

    Revenue

    $60,000

    Organization Details

    Founding Year

    1943

    Principal Officer

    David A Preter

    Main Address

    100 PEACHTREE ST NW 2800, ATLANTA, GA, 30303

    NTEE Category

    Code: W60 - Public benefit

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