Overview
What is Cport Credit Union?
Cport Credit Union is a financial institution established in 1931, initially known as the Federal Employees Credit Union of Maine. Based in Maine, it was one of the earliest credit unions in the state. Cport Credit Union's primary objective is to offer savings and loan services to its members.
Official website here: www.cportcu.org
Is Cport Credit Union legitimate?
Cport Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cport 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $646,658
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,004,743
For more financial information, click here
Official website here: www.cportcu.org
What is the mission statement of Cport Credit Union?
Cport Credit Union, established in 1931, initially known as the Federal Employees Credit Union of Maine, was among the first credit unions in Maine. With a mission to provide savings and loan services, this financial institution has been committed to serving its members for nearly a century. Its founding marked a significant milestone in the financial landscape of Maine, expanding the accessibility of credit union services to the community. The organization's focus on offering savings and loan solutions continues to be its guiding principle, ensuring financial assistance and stability for its members.
Official website here: www.cportcu.org
Who is the CEO of Cport Credit Union?
Kelsey Marquis is the President/Ceo/Director of Cport Credit Union. The CEO's salary of Cport Credit Union is $444,856 and their total compensation is $476,835.
Official website here: www.cportcu.org
What is the revenue of Cport Credit Union?
Cport Credit Union's revenue in 2022 was $26,576,030.
Official website here: www.cportcu.org
Who are the executives of Cport Credit Union and what are their salaries?
The average compensation at Cport Credit Union during 2022 was $45,872. There are 145 employees and 8 volunteers at Cport Credit Union.
Here are 14 key members and their salaries (Cport Credit Union's CEO's salary is $444,856 and their total compensation is $476,835):
- Compensation: $444,856
- Related: $0
- Other: $31,979
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $160,934
- Related: $0
- Other: $8,889
- Compensation: $144,122
- Related: $0
- Other: $29,494
- Compensation: $158,934
- Related: $0
- Other: $6,942
- Compensation: $131,351
- Related: $0
- Other: $11,583
- Compensation: $139,074
- Related: $0
- Other: $18,642
Official website here: www.cportcu.org
Where can I find the form 990 for Cport Credit Union?
Cport Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cportcu.org
Learn more at the official website: www.cportcu.org
Mission Statement of Cport Credit Union
Cport Credit Union, established in 1931, initially functioned as the Federal Employees Credit Union of Maine. In its early days, it was one of only three credit unions in Maine. The mission of Cport Credit Union can be described as a commitment to offering savings and loan services to its members.
The birth of Cport Credit Union marked a significant milestone in Maine's financial landscape. With a humble beginning, the organization aimed to provide a valuable service to its members, who were primarily federal employees at the time. Over the decades, Cport Credit Union has grown and evolved, yet its core focus on savings and loans has remained unchanged.
In simple terms, Cport Credit Union exists to serve its members by providing essential financial services. Its historical roots trace back to the 1930s, making it a pillar of financial stability and growth for its members. Despite its rich history, the credit union continues to adapt and innovate, ensuring it remains a reliable financial partner for its members.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Cport Credit Union's impact lies in providing its members with essential savings and loan services. Since its establishment in 1931 as the Federal Employees Credit Union of Maine, Cport Credit Union has been dedicated to offering financial support and resources to its community in Portland, Maine. By facilitating access to savings and loans, Cport Credit Union plays a crucial role in fostering financial stability and empowerment among its members. Its services contribute towards enhancing the economic well-being of individuals and families in the region.
This information is meant to be a general summary of Cport Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,900,875
- Program Service Revenue: $23,979,552
- Gross Receipts: $26,576,030
Assets and Liabilities:
- Total Assets: $419,648,693
- Total Liabilities: $383,135,783
- Net Assets: $36,512,910
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE INCOME
Revenue
$12,045,894
LOAN INCOME FROM MEMBERS
Revenue
$11,933,658
Organization Details
Founding Year
1931
Phone
(207) 878-6200Principal Officer
Kelsey Marquis
Main Address
PO BOX 777, PORTLAND, ME, 04104
Website
www.cportcu.orgIf you are a representative of Cport 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.