Midflorida Credit Union

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

EIN: 596194363 ✦ Lakeland, FL ✦ Designated as a 501(c)(14)

Overview

What is Midflorida Credit Union?

Midflorida Credit Union is a financial cooperative based in Lakeland, Florida. They provide various financial services for their members, including savings plans and loan origination and servicing. The union aims to ensure the financial well-being of its community by offering accessible financial solutions.


Official website here: www.midflorida.com

Is Midflorida Credit Union legitimate?

Midflorida Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Midflorida 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: $9,074,793
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,168,826

For more financial information, click here


Official website here: www.midflorida.com

What is the mission statement of Midflorida Credit Union?

Midflorida Credit Union is a financial cooperative dedicated to providing savings services and facilitating loan transactions for its member base. The institution plays a significant role in managing and servicing its loan portfolio. In essence, it aims to help its members manage their finances and secure loans when needed. Although specific mission statement details are not available, it is clear that Midflorida Credit Union prioritizes the financial well-being of its members.


Official website here: www.midflorida.com

Who is the CEO of Midflorida Credit Union?

Samuel S Moseley is the Ceo of Midflorida Credit Union. The CEO's salary of Midflorida Credit Union is $433,565 and their total compensation is $433,565.


Official website here: www.midflorida.com

What is the revenue of Midflorida Credit Union?

Midflorida Credit Union's revenue in 2022 was $312,549,911.


Official website here: www.midflorida.com

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

The average compensation at Midflorida Credit Union during 2022 was $47,408. There are 1,777 employees and 11 volunteers at Midflorida Credit Union.

Here are 34 key members and their salaries (Midflorida Credit Union's CEO's salary is $433,565 and their total compensation is $433,565):

    Duane K Jones (President Emeritus)
  • Compensation: $623,063
  • Related: $0
  • Other: $2,031,242

    • Samuel S Moseley (Ceo)
  • Compensation: $999,620
  • Related: $0
  • Other: $0

    • Hugh Dailey (Ceo Se Trustspecial Asst Mgr)
  • Compensation: $433,565
  • Related: $0
  • Other: $0

    • Sterling Grubbs (Chief Lending Officer)
  • Compensation: $418,579
  • Related: $0
  • Other: $0

    • Zelda V Abram (Cfo)
  • Compensation: $416,044
  • Related: $0
  • Other: $0

    • Christopher David (Coo)
  • Compensation: $388,043
  • Related: $0
  • Other: $0

    • Michelle Garrett (Svpii Business Banking)
  • Compensation: $356,020
  • Related: $0
  • Other: $0

    • Kindra Walker (Avp Mtg Loan Officer)
  • Compensation: $333,344
  • Related: $0
  • Other: $0

    • David S Hand (Evp Commercial Lending)
  • Compensation: $327,500
  • Related: $0
  • Other: $0

    • Timothy S Staley (Orlando Market President)
  • Compensation: $327,253
  • Related: $0
  • Other: $0

    • Jill H Davis (Chief Marketing Officer)
  • Compensation: $312,331
  • Related: $0
  • Other: $0

    • Acie Forrer (Sw Fl Mkt Pres)
  • Compensation: $310,266
  • Related: $0
  • Other: $0

    • Lison Maurer (Avp Outside Mtg Sales)
  • Compensation: $308,357
  • Related: $0
  • Other: $0

    • Michael H Cheeseman (Cao)
  • Compensation: $307,443
  • Related: $0
  • Other: $0

    • James R Haggins (Chief Of Risk Mgmnt)
  • Compensation: $304,053
  • Related: $0
  • Other: $0

    • Donna Brown (Chief Audit & Compliance)
  • Compensation: $293,424
  • Related: $0
  • Other: $0

    • Vanessa L Hernandez (Chief Retail Delivery)
  • Compensation: $259,124
  • Related: $0
  • Other: $0

    • Timothy Lysak (Chief Info Officer)
  • Compensation: $256,651
  • Related: $0
  • Other: $0

    • Nancy J Irvin (Chief Human Resources)
  • Compensation: $249,038
  • Related: $0
  • Other: $0

    • Sarita Guillory (Supervisory Comm) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darrell L Jensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald Williams Sr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Pierce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary I Ruhle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Geiger (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chester A Brojek (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth J Heubusch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John J Upperco (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Sudzina (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shirley Pellarchy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terrence Mcgriff (Chairman Sup Comm) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathryn L Ashmore (Supervisory Comm) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry R Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Connie Milito (Supervisory Comm) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.midflorida.com

    Where can I find the form 990 for Midflorida Credit Union?

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


    Official website here: www.midflorida.com

    Learn more at the official website: www.midflorida.com

    Mission Statement of Midflorida Credit Union

    Midflorida Credit Union is a financial institution dedicated to providing savings services, loan originations, and managing a loan portfolio for its members. This credit union operates with a mission to serve its community effectively.

    Midflorida Credit Union's primary objective is to cater to the financial needs of its members. It offers various financial services, including savings and loans, to help its members manage their money and build a solid financial future. The institution's team of financial professionals works diligently to ensure the best possible solutions for its members. They provide loan origination services, enabling members to obtain the financing they need for various purposes, such as purchasing a home, financing education, or starting a business.

    Additionally, Midflorida Credit Union manages its loan portfolio, ensuring that the financial products it offers remain beneficial to its members. This involves providing ongoing support and servicing to ensure loans remain manageable and affordable. With its commitment to its members, Midflorida Credit Union stands as a trusted financial partner, helping them navigate the complexities of personal finance and secure a stable financial future.

    In conclusion, Midflorida Credit Union is a financial institution that puts its members first. By offering savings services, loan origination, and servicing, it provides the tools and resources needed to manage money effectively and build a solid financial foundation. Through its dedication to its mission and commitment to its members, Midflorida Credit Union is an essential resource for the financial well-being of its community.

    Impact

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




    Thursday, August 15, 2024

    Midflorida Credit Union's impact can be seen through its provision of essential financial services to its members. By offering savings accounts, loan originations, and servicing the loan portfolio, Midflorida Credit Union plays a crucial role in supporting the financial well-being of individuals and families in the community. Its presence in Lakeland, FL, ensures that residents have access to a trusted financial institution that prioritizes their needs. This enables members to save for the future, obtain necessary loans, and manage their finances effectively. Ultimately, Midflorida Credit Union's impact extends to enhancing the overall economic stability and prosperity of the region 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: $15,193,724
  • Program Service Revenue: $294,873,273
  • Gross Receipts: $312,549,911

    • Assets and Liabilities:
  • Total Assets: $6,612,347,991
  • Total Liabilities: $5,991,561,214
  • Net Assets: $620,786,777
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $184,917,136

    FEE INCOME

    Revenue

    $51,810,711

    OTHER OPERATING INCOME

    Revenue

    $58,145,426

    Organization Details

    Founding Year

    1954

    Principal Officer

    Samuel S Moseley

    Main Address

    PO BOX 8008, LAKELAND, FL, 33802

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Midflorida 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.