Cfcu Community Credit Union

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

EIN: 150574036 ✦ Ithaca, NY ✦ Designated as a 501(c)(14)

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Overview

What is Cfcu Community Credit Union?

Cfcu Community Credit Union is a thriving financial institution based in Ithaca, New York, with a US address at 1030 Craft Road. With a membership of over 82,000 individuals, the credit union offers a comprehensive range of financial and banking services. These services encompass savings, checking, money market, and certificate share accounts, as well as various loan options such as mortgages, auto, unsecured, and business loans. The mission of Cfcu Community Credit Union is driven by a commitment to providing personalized experiences for its member-owners. As a trusted partner and community friend, the credit union strives to make a lasting difference in people's lives, serving as a reliable source for financial guidance and support. The organization is led by a team of 282 dedicated employees.


Official website here: www.mycfcu.com

Is Cfcu Community Credit Union legitimate?

Cfcu Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cfcu Community 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: $5,480,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,031,857

For more financial information, click here


Official website here: www.mycfcu.com

What is the mission statement of Cfcu Community Credit Union?

Cfcu Community Credit Union is dedicated to offering financial and banking services to its member-owners. Their mission is to create meaningful and personalized experiences, positioning themselves as a reliable partner and friend within their communities. The credit union strives to make a lasting difference by providing a range of offerings including savings, checking, money market, and certificate share accounts, as well as mortgages, auto loans, unsecured loans, and business loans. With a membership base of over 82,000 individuals, the credit union is committed to delivering services that reflect the needs and expectations of its community.


Official website here: www.mycfcu.com

Who is the CEO of Cfcu Community Credit Union?

Lisa Whitaker is the President/ Ceo of Cfcu Community Credit Union. The CEO's salary of Cfcu Community Credit Union is $1,168,463 and their total compensation is $3,147,917.


Official website here: www.mycfcu.com

What is the revenue of Cfcu Community Credit Union?

Cfcu Community Credit Union's revenue in 2022 was $56,840,108.


Official website here: www.mycfcu.com

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

The average compensation at Cfcu Community Credit Union during 2022 was $58,553. There are 282 employees and 11 volunteers at Cfcu Community Credit Union.


Here are 16 key members and their salaries (Cfcu Community Credit Union's CEO's salary is $1,168,463 and their total compensation is $3,147,917):


Blixy Taetzsch (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie G Foley (Board Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy L Wood Gonzalez (Board Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claude S Hewitt (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Cree (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Miner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Whitaker (President/ Ceo)
  • Compensation: $1,168,463
  • Related: $0
  • Other: $1,979,454
Paul Kirk (Coo/Cfo)
  • Compensation: $513,922
  • Related: $0
  • Other: $572,285
William Crane (Cao/ General Counsel)
  • Compensation: $401,515
  • Related: $0
  • Other: $46,560
Catherine Aloi (Chief Lending Officer)
  • Compensation: $361,132
  • Related: $0
  • Other: $49,369
Eliza Mulhern (Cro/General Counsel)
  • Compensation: $339,023
  • Related: $0
  • Other: $48,440
Sarah Tomei (Vp Finance/Controller)
  • Compensation: $270,392
  • Related: $0
  • Other: $49,509
Beth Putnam (Svp Marketing & Sales)
  • Compensation: $246,853
  • Related: $0
  • Other: $30,656
Jennifer Carlton-Cooper (Vp Electronic Services)
  • Compensation: $245,314
  • Related: $0
  • Other: $27,759
Matthew Duso (Vp Information Technology)
  • Compensation: $231,042
  • Related: $0
  • Other: $28,914
Christine Werner (Vp Mortgage Operations)
  • Compensation: $223,667
  • Related: $0
  • Other: $36,136


Official website here: www.mycfcu.com

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

Cfcu Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mycfcu.com

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

Mission Statement of Cfcu Community Credit Union

Cfcu Community Credit Union, a full-service financial institution, is dedicated to making a memorable and lasting difference in the lives of its member-owners. With a passion for providing meaningful and personalized experiences, this reliable partner goes beyond offering savings, checking, money market, and certificate share accounts, as well as various types of mortgages, auto loans, unsecured loans, and business loans.

At the heart of Cfcu Community Credit Union's mission lies a commitment to its members. By fostering strong relationships, the credit union strives to create a positive impact on the communities it serves. With over 82,000 members, this financial institution is more than just a place to save and borrow money; it's a trusted ally that genuinely cares about the well-being of its members.

Cfcu Community Credit Union's team of professionals works diligently to ensure that each member receives customized financial solutions tailored to their unique needs. By focusing on the individual, the credit union distinguishes itself as a truly member-focused organization. As a stable and dependable partner, Cfcu Community Credit Union is committed to helping its members achieve their financial goals and build a solid financial foundation for their future.

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Impact




October, 2024

Cfcu Community Credit Union plays a significant role in enhancing the financial well-being of its 82,413 members in Ithaca, NY. By offering a wide range of banking services, including savings and checking accounts, money market and certificate share accounts, as well as various loan options such as mortgages, auto loans, unsecured loans, and member business loans, it addresses the diverse financial needs of its community.

Guided by its commitment to providing meaningful and personalized experiences, Cfcu Community Credit Union positions itself as a reliable partner, fostering a sense of community and member ownership. The organization emphasizes building relationships and making a lasting impact, which is reflected in its focus on creating memorable experiences for its members. Through its dedicated service, the credit union supports not only individual financial growth but also contributes to the overall economic health of the community.




This information is meant to be a general summary of Cfcu Community 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.

Revenue
$56,840,108 (2022)
Expenses
$49,546,264 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,906,182
  • Program Service Revenue: $49,933,926
  • Gross Receipts: $58,009,922

Assets and Liabilities:

  • Total Assets: $1,485,148,651
  • Total Liabilities: $1,319,155,573
  • Net Assets: $165,993,078

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Programs

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

LOANS TO MEMBERS

Revenue

$38,106,566

FEES/CHARGES/OTHER

Revenue

$11,711,284

FINANCE AND INSURANCE

Revenue

$116,076

Organization Details

Founding Year

1953

Principal Officer

Lisa Whitaker

Main Address

1030 CRAFT ROAD, ITHACA, NY, 14850

NTEE Category

Code: W60 - Public benefit

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