Overview
What is Sunmark Credit Union?
Sunmark Credit Union, located in Latham, New York, is a trusted financial institution offering various lending programs to cater to the financing needs of its members. These offerings include mortgages, vehicles, commercial loans, credit cards, and personal loans. In 2022, the credit union granted over 46,000 low-interest rate loans, totaling more than $530 million. Members can easily apply for financing through Sunmark's online platform, branch locations, or member service center. Sunmark goes beyond financial services, hosting workshops to educate members on topics like budgeting, managing debt, and home buying. The credit union aims to enrich its members' lives by providing tailored financial products, education, and services that help them achieve their financial goals. The organization employs a team of 352 individuals dedicated to fostering financial growth and stability for its valued members.
Official website here: www.sunmark.org
Is Sunmark Credit Union legitimate?
Sunmark Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Sunmark 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: $2,432,217
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,237,350
For more financial information, click here
What is the mission statement of Sunmark Credit Union?
Sunmark Credit Union is dedicated to enriching the lives of its members by providing them with a range of financial solutions. This includes financial products, education, and services tailored to help members achieve their financial goals. Sunmark offers various lending programs, such as mortgages, vehicle loans, commercial loans, credit cards, and personal loans. In 2022, the credit union granted over 46,000 low-interest rate loans, totaling more than $530 million. Members can conveniently apply for financing through the credit union's online platform, branch locations, or member service center. Sunmark acts as an advocate for its members and hosts workshops to educate them on topics like budgeting, managing debt, and home buying.
Official website here: www.sunmark.org
Who is the CEO of Sunmark Credit Union?
Frank Degraw is the President/Ceo of Sunmark Credit Union. The CEO's salary of Sunmark Credit Union is $544,800 and their total compensation is $732,155.
Official website here: www.sunmark.org
What is the revenue of Sunmark Credit Union?
Who are the executives of Sunmark Credit Union and what are their salaries?
The average compensation at Sunmark Credit Union during 2022 was $58,720. There are 352 employees and 17 volunteers at Sunmark Credit Union.
Here are 27 key members and their salaries (Sunmark Credit Union's CEO's salary is $544,800 and their total compensation is $732,155):
- Frank Degraw (President/Ceo)
- Antoinette Lebron (Evp/Coo)
- Johanna Robbins (Chief Financial Officer)
- Jerilee Beaudoin (Chief Lending Officer)
- Paul Kelly (Chief Human Resources Offi)
- Darryl Enfield (Chief Information Officer)
- Michael Mathusa (Avp Insurance & Investments)
- Chris Tantakis (Vp Member Relations)
- Jayant Singh (Business Loan Officer)
- Jason Solghan (Business Development Origi)
- Amber Cooleen (Chief Marketing Officer)
- Stephen Mccormick (Business Loan Officer)
- Eloisa Maria Behnke (Mortgage Originator)
- Andrew J Rubino (Mortgage Originator)
- Bryan Delehanty (Evp/Cfo)
- Dawn Doherty (Chairperson) [Trustee/Director]
- Kristen Myers (Vice Chairperson) [Trustee/Director]
- Matt Cusack (Treasurer) [Trustee/Director]
- Brian Hugick (Secretary) [Trustee/Director]
- Ed Aidala (Director)
- Anthony Cardona (Director)
- Dan Heim (Director)
- Amy Johnson (Director)
- Parker Powell (Director)
- Matt Rhodes (Director)
- Ralph Lebarron (Director)
- Edward Obeng (Associate Director)
Official website here: www.sunmark.org
Where can I find the form 990 for Sunmark Credit Union?
The Sunmark Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.sunmark.org
Learn more at the official website: www.sunmark.org
Mission Statement of Sunmark Credit Union
Sunmark Credit Union, a trusted financial partner, aims to enrich the lives of its members by providing them with tailor-made financial products, education, and services. This mission creates value for Sunmark's members, who seek financial solutions to achieve their goals.
Sunmark Credit Union offers a diverse range of lending programs designed to address the financing needs of its members. These products encompass mortgages, vehicles, commercial loans, credit cards, and personal loans. During the year 2022, the credit union extended over 46,000 low-interest rate loans, amounting to more than $530 million. Members can easily access financing through various channels, including applying online, visiting one of Sunmark's branch locations, or contacting the Member Service Center.
As strong advocate for its members, Sunmark Credit Union hosts educational workshops to help them manage their finances effectively. These sessions cover topics such as budgeting, managing debt, and the home buying process. By empowering its members with financial knowledge, Sunmark Credit Union contributes to their overall financial well-being and enables them to make informed decisions.
Impact
This information is meant to be a general summary of Sunmark Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Sunmark Credit Union's impact lies in its role as a trusted partner providing essential financial solutions that enrich the lives of its members. The credit union offers a range of lending programs tailored to meet the diverse financing needs of its members, including mortgages, vehicle loans, commercial loans, credit cards, and personal loans. In 2022 alone, Sunmark granted over 46,000 low-interest rate loans totaling more than $530 million, demonstrating its commitment to facilitating access to affordable financing for its members.
Moreover, Sunmark Credit Union goes beyond just providing financial products by actively educating its members on important topics such as budgeting, managing debt, and homeownership through workshops and other resources. By empowering its members with financial knowledge and tools, Sunmark serves as a valuable advocate for their financial well-being.
Through its efforts in providing financial products, education, and services tailored to meet the financial goals of its members, Sunmark Credit Union effectively creates value that enriches the lives of its community. Its impact transcends mere transactions, focusing on building a financially empowered and secure membership base in Latham, NY, and beyond.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$39,588,185
FEE INCOME
Revenue
$12,257,462
OTHER OPERATING INCOM
Revenue
$8,130,505
Organization Details
Founding Year
1937
Phone
(866) 786-6275
Principal Officer
Frank Degraw
Main Address
1187 TROY SCHENECTADY ROAD, LATHAM, NY, 12110
Website
www.sunmark.org
NTEE Category
Code: W60 - Public benefit
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