Compassionate Care Credit Union

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

EIN: 237095138 ✦ Fond du lac, WI ✦ Designated as a 501(c)(14)

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Overview

What is Compassionate Care Credit Union?

Compassionate Care Credit Union is a nonprofit, member-owned financial institution situated in Fond du Lac, Wisconsin. With a focus on offering competitive rates and personalized services, they cater to the financial needs of their 1,292 members. Established to promote regular savings and long-term financial stability, the credit union opened 60 new accounts during 2022. Their operations are guided by a team of 7 dedicated employees, ensuring that members receive a wide range of financial products and services.


Official website here: www.compassionatecarecu.org

Is Compassionate Care Credit Union legitimate?

Compassionate Care Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Compassionate Care 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,755

For more financial information, click here


Official website here: www.compassionatecarecu.org

What is the mission statement of Compassionate Care Credit Union?

Compassionate Care Credit Union is a non-profit, member-owned financial institution that is committed to providing its members with a range of financial products and services. Its mission is to offer these services in a personal and professional manner, ensuring they are competitive in terms of rates. The credit union encourages its members to save regularly and aims to promote long-term financial stability. It operates with a focus on its members' needs, providing them with various financial solutions to manage their funds effectively.


Official website here: www.compassionatecarecu.org

Who is the CEO of Compassionate Care Credit Union?

Carrie Vander Grinten is the President of Compassionate Care Credit Union.


Official website here: www.compassionatecarecu.org

What is the revenue of Compassionate Care Credit Union?

Compassionate Care Credit Union's revenue in 2022 was $274,127.


Official website here: www.compassionatecarecu.org

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

The average compensation at Compassionate Care Credit Union during 2022 was $17,822. There are 7 employees and 8 volunteers at Compassionate Care Credit Union.


Here are 9 key members and their salaries:


Carrie Vander Grinten (President)
  • Compensation: $70,000
  • Related: $0
  • Other: $0
Dave Sehloff (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loraine Carley (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Cardinal (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leann Feilbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evan Scherer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Bangart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Navis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Depies (Board Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.compassionatecarecu.org

Where can I find the form 990 for Compassionate Care Credit Union?

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


Official website here: www.compassionatecarecu.org

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

Mission Statement of Compassionate Care Credit Union

Compassionate Care Credit Union, a non-profit and member-owned financial institution, is committed to delivering a diverse array of financial products and services to its members. This organization operates with a focus on providing these offerings in a personable and professional manner, ensuring they remain affordable and competitive. One of its key objectives is to encourage its members to save regularly, ultimately fostering long-term financial stability. By maintaining this approach, Compassionate Care Credit Union aims to build strong, financially secure relationships with its members, fostering a sense of community and trust.

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Impact




October, 2024

Compassionate Care Credit Union plays a vital role in enhancing the financial well-being of its members in Fond du Lac, WI. By offering a diverse range of financial products and services, it fosters an environment where individuals can access competitive rates and personalized financial guidance. The organization's commitment to encouraging regular savings contributes to the long-term financial stability of its 1,292 members.

In 2022 alone, the credit union welcomed 60 new deposit, transaction, and investment accounts, reflecting its growth and the trust it has built within the community. This expansion not only signifies increased financial access but also underscores the credit union's impact on encouraging responsible financial habits among its members. By prioritizing a community-oriented approach, Compassionate Care Credit Union helps its members navigate their financial journeys with confidence and support, ultimately contributing to the economic health of the community it serves.




This information is meant to be a general summary of Compassionate Care 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
$274,127 (2022)
Expenses
$270,688 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,279
  • Program Service Revenue: $248,733
  • Gross Receipts: $274,127

Assets and Liabilities:

  • Total Assets: $6,752,385
  • Total Liabilities: $6,098,317
  • Net Assets: $654,068

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Programs

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

INTEREST ON LOANS

Revenue

$212,246

MEMBER ACCOUNT FEES

Revenue

$26,959

OTHER MEMBER FEE INCOME

Revenue

$1,957

INSURANCE SALES

Revenue

$7,170

OTHER PROGRAM INCOME

Revenue

$401

Organization Details

Founding Year

1970

Principal Officer

Carrie Vander Grinten

Main Address

430 E DIVISION ST, FOND DU LAC, WI, 54935

NTEE Category

Code: W60 - Public benefit

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