Addition Financial Credit Union

Qing Lu Cfo

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

EIN: 590678236 ✦ Lake mary, FL ✦ Designated as a 501(c)(14)

Overview

What is Addition Financial Credit Union?

Addition Financial Credit Union, also known as Qing Lu CFO, is a credit union based in Lake Mary, Florida, with an address at 1000 Primera Blvd. The organization, dedicated to assisting members in managing their finances effectively, has a workforce of 803 employees. They strive to help members reach their financial objectives by offering credit union services. The mission of Addition Financial Credit Union is to make a positive impact on its members' money management journeys.


Is Addition Financial Credit Union legitimate?

Addition Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Addition Financial 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: $2,591,466
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,032,575

For more financial information, click here


What is the mission statement of Addition Financial Credit Union?
Who is the CEO of Addition Financial Credit Union?
What is the revenue of Addition Financial Credit Union?
Who are the executives of Addition Financial Credit Union and what are their salaries?

The average compensation at Addition Financial Credit Union during 2022 was $44,364. There are 803 employees and 7 volunteers at Addition Financial Credit Union.

Here are 21 key members and their salaries (Addition Financial Credit Union's CEO's salary is $827,367 and their total compensation is $876,114):


Where can I find the form 990 for Addition Financial Credit Union?

Mission Statement of Addition Financial Credit Union

Addition Financial Credit Union, with its unwavering commitment, strives to help its members attain their financial objectives. The credit union is dedicated to assisting each member in effectively managing their money, ensuring they reach their financial milestones. By offering various services and resources, Addition Financial Credit Union sets its members on a path towards financial success. The organization's operations incur necessary expenses to support these goals and serve its member base.

Impact

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




Thursday, August 15, 2024

Addition Financial Credit Union positively impacts its community by providing essential financial services and resources to help members achieve their money management goals. By offering a range of products and services to support members in managing their finances, Addition Financial Credit Union plays a crucial role in promoting financial wellness and stability among individuals and families. Through its commitment to helping members improve their financial health, Addition Financial Credit Union contributes to the overall economic well-being of the community 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: $10,359,023
  • Program Service Revenue: $82,655,221
  • Gross Receipts: $224,932,364

    • Assets and Liabilities:
  • Total Assets: $2,764,171,874
  • Total Liabilities: $2,542,381,750
  • Net Assets: $221,790,124
  • Programs

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

    INCOME FROM LOANS

    Revenue

    $82,655,221

    Organization Details

    Founding Year

    1937

    Principal Officer

    Kevin Miller

    Main Address

    1000 PRIMERA BLVD, LAKE MARY, FL, 32746

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Addition Financial 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.