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Community Credit Union Of Florida

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

EIN: 590860768 ✦ Rockledge, FL ✦ Designated as a 501(c)(14)

Overview

What is Community Credit Union Of Florida?

Community Credit Union of Florida, established in 1953, is a member-owned not-for-profit financial cooperative headquartered in Rockledge, Florida. With over 54,000 members, they offer financial services to a significant community. The mission of this credit union is to continually enhance the financial well-being of its members and contribute positively to the community. As of December 31, 2022, they had serviced approximately 34,877 loans, and their team of 179 employees is dedicated to delivering on their commitment.


Official website here: www.ccuflorida.org

Is Community Credit Union Of Florida legitimate?

Community Credit Union Of Florida is a legitimate nonprofit organization registered as a 501(c)(14) entity. Community Credit Union Of Florida 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: $1,665,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,353,827

For more financial information, click here


Official website here: www.ccuflorida.org

What is the mission statement of Community Credit Union Of Florida?

Community Credit Union of Florida is a member-owned financial cooperative established in 1953 by local educators. With over 54,000 members, the credit union's mission is centered around enhancing the financial well-being of its members and contributing positively to the community. The organization strives to continually improve the financial status of its members while making a meaningful impact in the community at large.


Official website here: www.ccuflorida.org

Who is the CEO of Community Credit Union Of Florida?

Laurie Cappelli is the Chief Executive Officer of Community Credit Union Of Florida. The CEO's salary of Community Credit Union Of Florida is $714,718 and their total compensation is $747,102.


Official website here: www.ccuflorida.org

What is the revenue of Community Credit Union Of Florida?

Community Credit Union Of Florida's revenue in 2022 was $47,699,278.


Official website here: www.ccuflorida.org

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

The average compensation at Community Credit Union Of Florida during 2022 was $55,975. There are 179 employees and 8 volunteers at Community Credit Union Of Florida.

Here are 16 key members and their salaries (Community Credit Union Of Florida's CEO's salary is $714,718 and their total compensation is $747,102):

    Laurie Cappelli (Chief Executive Officer)
  • Compensation: $714,718
  • Related: $0
  • Other: $32,384

    • Lesli Dooley (Chief Operating Officer)
  • Compensation: $244,075
  • Related: $0
  • Other: $23,400

    • Daniel Kelley (Chief Experience Officer)
  • Compensation: $239,406
  • Related: $0
  • Other: $15,230

    • David Hill (Chief Information Officer)
  • Compensation: $182,298
  • Related: $0
  • Other: $18,307

    • Margaret Hasenbeck (Chief Financial Officer)
  • Compensation: $183,186
  • Related: $0
  • Other: $12,695

    • Barbara Gunter (Vp Of Human Resources)
  • Compensation: $165,844
  • Related: $0
  • Other: $13,282

    • Amanda Banks (Vp Of Operations)
  • Compensation: $159,221
  • Related: $0
  • Other: $19,749

    • Melissa Roundy (Vp Of Lending)
  • Compensation: $155,366
  • Related: $0
  • Other: $15,773

    • Kimberly Seefeld (Vp Of Member Experience)
  • Compensation: $155,625
  • Related: $0
  • Other: $7,172

    • Leslie Tibbetts (Vp Of Commercial Services)
  • Compensation: $146,756
  • Related: $0
  • Other: $13,108

    • Moses Harvin (Director)
  • Compensation: $3,942
  • Related: $0
  • Other: $0

    • Linda Dale (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betty Dunn (Former Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Johnette Gindling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Platman (Interim Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne Raines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ccuflorida.org

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

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


    Official website here: www.ccuflorida.org

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

    Mission Statement of Community Credit Union Of Florida

    Community Credit Union of Florida, a member-owned and not-for-profit financial cooperative established in 1953 by local educators, prides itself on a mission to enhance the financial well-being of its members. With a membership base of over 54,000 individuals, this credit union aspires to go beyond just financial services and make a positive impact within its community.

    Community Credit Union of Florida's unwavering commitment to its members is encapsulated in its mission to "always improve the financial well-being of our members." This promise translates into various aspects of the credit union's operations, from the personalized attention and support given to each member to the accessible and affordable financial products and services it offers.

    Moreover, Community Credit Union of Florida recognizes its role as a community partner. By fostering a strong sense of collaboration and inclusivity, it strives to make a difference in people's lives and contribute to the welfare of its community at large. As a not-for-profit organization, the credit union's profits are reinvested into the organization and its members, ensuring the ongoing growth and success of the cooperative.

    Impact

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




    Thursday, August 15, 2024

    Community Credit Union Of Florida's impact is significant as it works to improve its members' financial well-being and make a positive difference in the community. With over 54,200 members as of the end of 2022, the credit union has been able to provide essential financial services to a large number of individuals. Additionally, Community Credit Union Of Florida has serviced approximately 34,877 loans, helping members access the capital they need to achieve their financial goals. By operating as a member-owned, not-for-profit financial cooperative since 1953, the credit union has been able to uphold its mission of always prioritizing the financial well-being of its members and contributing positively to the community. Through its dedication to public benefit, Community Credit Union Of Florida continues to have a meaningful impact on the lives of its members and the broader community in Rockledge, Florida.





    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: $1,406,988
  • Program Service Revenue: $45,075,195
  • Gross Receipts: $47,708,824

    • Assets and Liabilities:
  • Total Assets: $1,120,501,481
  • Total Liabilities: $990,907,347
  • Net Assets: $129,594,134
  • Programs

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

    MEMBER LOAN INTEREST

    Revenue

    $35,411,418

    SERVICE CHARGES AND FEES

    Revenue

    $4,255,108

    INTERCHANGE INCOME

    Revenue

    $3,706,021

    OTHER NONOPERATING INCOME

    Revenue

    $1,702,648

    Organization Details

    Founding Year

    1953

    Principal Officer

    Laurie Cappelli

    Main Address

    1030 US HIGHWAY 1, ROCKLEDGE, FL, 32955

    NTEE Category

    Code: W60 - Public benefit

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