Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union

Cornerstone Financial Credit Union

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

EIN: 620575774 ✦ Nashville, TN ✦ Designated as a 501(c)(14)

Overview

What is Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union?

Credit Unions Chartered in the State of Tennessee, specifically Cornerstone Financial Credit Union, is a state-chartered financial institution based in Nashville, Tennessee. They offer an extensive array of financial services, encompassing the processing of debit and credit card transactions, as well as managing employee salaries and benefits. The credit union is dedicated to catering to the financial needs of its members within the community.


Official website here: www.bankcfcu.org

Is Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union legitimate?

Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Tennessee Cornerstone 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: $1,591,161
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,625,017

For more financial information, click here


Official website here: www.bankcfcu.org

What is the mission statement of Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union?

Credit Union Cornerstone Financial, chartered in Tennessee, is dedicated to delivering a comprehensive range of financial services to its members. By offering various financial solutions, the credit union aims to support individuals in managing their money effectively. Its mission encompasses processing transactions such as debit and credit card expenses, and handling employee salaries and benefits. Despite the lack of specific mission statement details, it is clear that Credit Union Cornerstone Financial prioritizes catering to its members' financial needs.


Official website here: www.bankcfcu.org

Who is the CEO of Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union?

Donna Young is the President of Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union.


Official website here: www.bankcfcu.org

What is the revenue of Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union?

Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union's revenue in 2022 was $23,967,218.


Official website here: www.bankcfcu.org

Who are the executives of Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union and what are their salaries?

The average compensation at Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union during 2022 was $53,852. There are 134 employees and 7 volunteers at Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union.

Here are 18 key members and their salaries:

    Donna Young (President)
  • Compensation: $498,522
  • Related: $0
  • Other: $164,974

    • Linda Summarell (Chief Lending Officer)
  • Compensation: $228,816
  • Related: $0
  • Other: $334,247

    • Laura Williamson (Executive Vp)
  • Compensation: $313,375
  • Related: $0
  • Other: $89,146

    • Rod Payne (Cio)
  • Compensation: $204,885
  • Related: $0
  • Other: $13,419

    • Rob Byrd (Cfo)
  • Compensation: $195,376
  • Related: $0
  • Other: $9,915

    • Kallar Mccown (Vp Branch Operations)
  • Compensation: $150,187
  • Related: $0
  • Other: $6,916

    • William Frye (Vp Marketing)
  • Compensation: $142,866
  • Related: $0
  • Other: $-2,305

    • Thom Rawls (Indirect Lending Mgr)
  • Compensation: $122,924
  • Related: $0
  • Other: $6,928

    • Lisa Ody (Business Lending Mgr)
  • Compensation: $100,447
  • Related: $0
  • Other: $23,561

    • Stacie Rawls (Vp Lending)
  • Compensation: $109,762
  • Related: $0
  • Other: $-5,220

    • Jason Dilbeck (Vp Lending)
  • Compensation: $104,742
  • Related: $0
  • Other: $-1,794

    • Gary Cowan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roberta Hill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lelan Statom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Clabough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aaron Jewell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joey Macourek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Silvus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bankcfcu.org

    Where can I find the form 990 for Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union?

    The Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bankcfcu.org

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

    Mission Statement of Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union

    Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union is a mission-driven financial institution, dedicated to offering a comprehensive suite of services to its members. In simple terms, this state-chartered credit union sets out to provide its clients with a full range of financial solutions.

    Moreover, Cornerstone Financial Credit Union's primary objective is to cater to the diverse financial needs of its clientele. Their programs encompass various aspects of financial management such as processing debit and credit card transactions, managing employee salaries and benefits. This wide array of services reflects the credit union's commitment to supporting its members in achieving their financial goals.

    In essence, Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union stands as a trusted financial partner for individuals and businesses, delivering essential services that enable them to manage their finances effectively. With a strong focus on customer service, the credit union aims to empower its members to make informed decisions about their money, ensuring they have the tools they need to build a secure financial future.

    Impact

    This information is meant to be a general summary of Credit Unions Chartered In The State Of Tennessee Cornerstone 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

    Credit Unions Chartered In The State Of Tennessee Cornerstone Financial Credit Union impacts the community by providing a full range of financial services to its members. This includes processing debit and credit card expenses, as well as handling employee salaries and benefits. Located in Nashville, TN, this state-chartered credit union plays a vital role in offering essential financial services to individuals and businesses in the area.





    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: $517,572
  • Program Service Revenue: $17,165,724
  • Gross Receipts: $23,967,218

    • Assets and Liabilities:
  • Total Assets: $584,412,377
  • Total Liabilities: $538,617,887
  • Net Assets: $45,794,490
  • Programs

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

    Interest income loans

    Revenue

    $17,165,724

    Organization Details

    Founding Year

    1955

    Principal Officer

    Donna Young

    Main Address

    PO BOX 120729, Nashville, TN, 372120729

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Credit Unions Chartered In The State Of Tennessee Cornerstone 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.