Lge Community Credit Union

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

EIN: 586032554 ✦ Atlanta, GA ✦ Designated as a 501(c)(14)

Overview

What is Lge Community Credit Union?

Lge Community Credit Union, based in Atlanta, Georgia (3100 Cumberland Blvd, 30339), is a thriving nonprofit organization with a mission to serve its member-owners. The credit union derives its financial foundation from the income generated through its membership and the wise investment of their funds. This foundation enables the organization to offer essential savings and lending services to its restricted membership. The total workforce of 337 employees is dedicated to ensuring the credit union's success and growth.


Official website here: www.lgeccu.org

Is Lge Community Credit Union legitimate?

Lge Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Lge Community 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: $2,426,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,253,363

For more financial information, click here


Official website here: www.lgeccu.org

What is the mission statement of Lge Community Credit Union?

Lge Community Credit Union is committed to providing savings and lending services to its member-owners. The cooperative's operations are funded primarily by income from membership and the investment of members' funds. This financial foundation enables the organization to offer essential financial services to its restricted membership. By fostering financial well-being, the credit union contributes to the overall financial stability and prosperity of its members. Through its savings and lending activities, Lge Community Credit Union aims to help its members achieve their financial goals and improve their economic condition.


Official website here: www.lgeccu.org

Who is the CEO of Lge Community Credit Union?

Chris Leggett is the Bod Member of Lge Community Credit Union. The CEO's salary of Lge Community Credit Union is $696,660 and their total compensation is $751,460.


Official website here: www.lgeccu.org

What is the revenue of Lge Community Credit Union?

Lge Community Credit Union's revenue in 2022 was $89,576,565.


Official website here: www.lgeccu.org

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

The average compensation at Lge Community Credit Union during 2022 was $58,398. There are 337 employees and 13 volunteers at Lge Community Credit Union.

Here are 21 key members and their salaries (Lge Community Credit Union's CEO's salary is $696,660 and their total compensation is $751,460):

    Chris Leggett (President/Ceo)
  • Compensation: $696,660
  • Related: $0
  • Other: $54,800

    • Murali Krishnan (Svp/Cio)
  • Compensation: $397,539
  • Related: $0
  • Other: $44,738

    • Sean Ferrell (Svp/Cfo)
  • Compensation: $375,509
  • Related: $0
  • Other: $53,819

    • Rodney Grizzle (Svp/Coo)
  • Compensation: $350,328
  • Related: $0
  • Other: $57,538

    • Janet C Wagner (Svp/Cao)
  • Compensation: $361,649
  • Related: $0
  • Other: $34,163

    • Collin Kee (Financial Advisor)
  • Compensation: $259,472
  • Related: $0
  • Other: $33,003

    • Judy Kinney (Svp Operations)
  • Compensation: $233,089
  • Related: $0
  • Other: $21,890

    • Keith Edwards (Vp Of Finance)
  • Compensation: $209,704
  • Related: $0
  • Other: $27,139

    • Ryan Napier (Vp Of Human Resources)
  • Compensation: $211,447
  • Related: $0
  • Other: $22,931

    • Valerie Harper (Vp Consumer Lending)
  • Compensation: $201,373
  • Related: $0
  • Other: $22,603

    • Richard Dixon (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank S Myers (Bod Member/Sc Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monte F Cagle (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Braund (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Curt Earnest (Bod V. Chair/Sc Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael L Sanseviro (Bod Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise O'Connell (Bod Treasurer/Sc Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allen Bishop (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Sumpter (Bod Member/Sc Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Jones (Bod Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bridges Holmes (Sc Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lgeccu.org

    Where can I find the form 990 for Lge Community Credit Union?

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


    Official website here: www.lgeccu.org

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

    Mission Statement of Lge Community Credit Union

    Lge Community Credit Union, with its mission rooted in savings and lending activities, serves its member-owners as a cooperative. This financial institution provides the essential foundation for its operations through income derived from membership and the investment of members' funds.

    In simpler terms, Lge Community Credit Union is dedicated to delivering financial services to its exclusive membership base. Savings and lending form the core of its operations, enabling the cooperative to thrive and extend its benefits to its members. The income generated from this cooperative setup funds the organization's daily functions and services.

    Impact

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




    Thursday, August 15, 2024

    Lge Community Credit Union's impact is primarily focused on providing savings and lending activities to its member owners in the cooperative. By leveraging income from credit union membership and the investment of members' funds, the organization functions effectively to offer services to its restricted membership. This approach serves the community in Atlanta, GA, by facilitating financial transactions and empowering individuals to manage their finances efficiently.





    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: $11,459,407
  • Program Service Revenue: $78,117,158
  • Gross Receipts: $106,192,644

    • Assets and Liabilities:
  • Total Assets: $2,043,638,947
  • Total Liabilities: $1,859,418,387
  • Net Assets: $184,220,560
  • Programs

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

    INCOME FROM LOANS

    Revenue

    $52,155,674

    FEE/OTHER INCOME

    Revenue

    $25,843,418

    FINANCE AND INSURANCE

    Revenue

    $118,066

    Organization Details

    Founding Year

    1951

    Principal Officer

    Chris Leggett

    Main Address

    3100 CUMBERLAND BLVD, ATLANTA, GA, 30339

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Lge Community 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.