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Credit Union Of Georgia

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

EIN: 586034116 ✦ Kennesaw, GA ✦ Designated as a 501(c)(14)

Overview

What is Credit Union Of Georgia?

Credit Union of Georgia is a member-owned, not-for-profit financial institution based in Kennesaw, Georgia. With approximately 36,031 members, this cooperative offers savings and borrowing services to its community. The Credit Union's mission revolves around providing financial assistance to its members, functioning as a cooperative that empowers its members to save and access loans. The organization is staffed by 135 employees and has a presence at 4178 Jiles Road Building 100, Kennesaw, GA, 30144.


Official website here: wwww.cuofga.org

Is Credit Union Of Georgia legitimate?

Credit Union Of Georgia is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Union Of Georgia 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: $1,567,940
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,758,487

For more financial information, click here


Official website here: wwww.cuofga.org

What is the mission statement of Credit Union Of Georgia?

The Credit Union of Georgia is a member-owned cooperative financial institution, operating on a not-for-profit basis. Its primary goal is to offer savings and borrowing services to its approximately 36,000 members. By functioning as a cooperative, the Credit Union aims to provide its members with essential financial services, fostering financial well-being and stability within the community.


Official website here: wwww.cuofga.org

Who is the CEO of Credit Union Of Georgia?

Brian Albrecht is the President/Ceo of Credit Union Of Georgia. The CEO's salary of Credit Union Of Georgia is $395,457 and their total compensation is $414,049.


Official website here: wwww.cuofga.org

What is the revenue of Credit Union Of Georgia?

Credit Union Of Georgia's revenue in 2022 was $25,375,491.


Official website here: wwww.cuofga.org

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

The average compensation at Credit Union Of Georgia during 2022 was $54,270. There are 135 employees and 9 volunteers at Credit Union Of Georgia.

Here are 18 key members and their salaries (Credit Union Of Georgia's CEO's salary is $395,457 and their total compensation is $414,049):

    Brian Albrecht (President/Ceo)
  • Compensation: $395,457
  • Related: $0
  • Other: $18,592

    • Joseph Menna (Senior Mortgage Originator)
  • Compensation: $246,574
  • Related: $0
  • Other: $27,827

    • Katheryn Day (Executive Vice President)
  • Compensation: $233,989
  • Related: $0
  • Other: $26,410

    • Brian Hawkins (Cfo)
  • Compensation: $189,935
  • Related: $0
  • Other: $31,333

    • Jason Walker (Clo)
  • Compensation: $198,083
  • Related: $0
  • Other: $13,111

    • Lynn Ross (Mortgage Operations Officer)
  • Compensation: $177,596
  • Related: $0
  • Other: $9,031

    • Thomas Mcnutt (Vp Of Information Technology)
  • Compensation: $146,975
  • Related: $0
  • Other: $21,816

    • John Short (Vp Of Hr And Training)
  • Compensation: $145,140
  • Related: $0
  • Other: $19,776

    • Michael Gibson (Cobb Area Manager)
  • Compensation: $145,267
  • Related: $0
  • Other: $11,898

    • Jason Blakey (Cherokee Area Manager)
  • Compensation: $149,542
  • Related: $0
  • Other: $418

    • Amanda Arnold (Vp Of Marketing And Business Development)
  • Compensation: $125,378
  • Related: $0
  • Other: $23,734

    • Jill Mutimer (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Anderson (Director, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynn Rainey (Director, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danny Smith (Director Emeritus, Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Frances Roberson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Randy Reece (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Bounds Selby (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: wwww.cuofga.org

    Where can I find the form 990 for Credit Union Of Georgia?

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


    Official website here: wwww.cuofga.org

    Learn more at the official website: wwww.cuofga.org

    Mission Statement of Credit Union Of Georgia

    Credit Union of Georgia, a cooperative financial institution, is dedicated to offering savings and borrowing opportunities to its approximately 36,031 members. This not-for-profit organization, owned by its members, provides essential financial services to its community. Its primary mission is to facilitate savings and lending, empowering individuals to improve their financial well-being. By pooling resources and operating on a cooperative basis, Credit Union of Georgia aims to provide its members with a unique set of advantages not typically found in traditional financial institutions.

    Impact

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




    Thursday, August 15, 2024

    Credit Union Of Georgia's impact lies in providing its approximately 36,031 members with opportunities for thrift savings and borrowings through its cooperative, not-for-profit financial institution model in Kennesaw, Georgia. By operating as a cooperative owned by its members, Credit Union Of Georgia is able to prioritize serving the public benefit and fostering financial well-being within its 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: $3,942,820
  • Program Service Revenue: $21,265,168
  • Gross Receipts: $56,800,641

    • Assets and Liabilities:
  • Total Assets: $609,216,760
  • Total Liabilities: $568,868,183
  • Net Assets: $40,348,577
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $15,052,610

    FEE INCOME

    Revenue

    $5,921,461

    GAP INCOME

    Revenue

    $231,909

    CREDIT SHIELD INSURANCE PRODUCTS

    Revenue

    $59,188

    Organization Details

    Founding Year

    1960

    Principal Officer

    Brian Albrecht

    Main Address

    4178 JILES ROAD BLDG 100, KENNESAW, GA, 30144

    NTEE Category

    Code: W61 - Public benefit

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