0859 Atrium Credit Union Inc

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

EIN: 310622088 ✦ Franklin, OH ✦ Designated as a 501(c)(14)

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Overview

What is 0859 Atrium Credit Union Inc?

0859 Atrium Credit Union Inc is a member-owned cooperative credit union, headquartered in Franklin, Ohio. Situated at 6051 Market Street Suite C, this state-chartered financial institution offers a range of loan and deposit products and services to its member-owners. The organization's primary goal is to provide these financial solutions at market-competitive terms, with a strong emphasis on customer service. With a workforce of six dedicated individuals, Atrium Credit Union Inc strives to cater to the financial needs of its member-owners effectively and efficiently.


Official website here: www.atrium4u.org

Is 0859 Atrium Credit Union Inc legitimate?

0859 Atrium Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 0859 Atrium Credit Union Inc 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: $86,760
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,879

For more financial information, click here


Official website here: www.atrium4u.org

What is the mission statement of 0859 Atrium Credit Union Inc?

The mission of 0859 Atrium Credit Union Inc. is centered around providing financial services to its member-owners. This includes offering loan and deposit products and services at competitive market rates, with a strong emphasis on customer service. The credit union is committed to serving its members as owners, ensuring they receive favorable terms. It operates as a cooperative, with a state charter, providing financial products and services to its member base.


Official website here: www.atrium4u.org

Who is the CEO of 0859 Atrium Credit Union Inc?

Cindy Cottongim is the Chief Executive Officer of 0859 Atrium Credit Union Inc. The CEO's salary of 0859 Atrium Credit Union Inc is $86,761 and their total compensation is $91,561.


Official website here: www.atrium4u.org

What is the revenue of 0859 Atrium Credit Union Inc?

0859 Atrium Credit Union Inc's revenue in 2022 was $517,509.


Official website here: www.atrium4u.org

Who are the executives of 0859 Atrium Credit Union Inc and what are their salaries?

The average compensation at 0859 Atrium Credit Union Inc during 2022 was $32,940. There are 6 employees and 9 volunteers at 0859 Atrium Credit Union Inc.


Here are 10 key members and their salaries (0859 Atrium Credit Union Inc's CEO's salary is $86,761 and their total compensation is $91,561):


Cynthia Cottongim (Chief Executive Officer)
  • Compensation: $86,761
  • Related: $0
  • Other: $4,800
Amy Newland (Chairperson Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Banks (Vice Chairperson Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Reynolds (Treasurer Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Snowden (Secretary Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Hellmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Howard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Koenig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marquita Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Branscomb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.atrium4u.org

Where can I find the form 990 for 0859 Atrium Credit Union Inc?

0859 Atrium Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.atrium4u.org

Learn more at the official website: www.atrium4u.org

Mission Statement of 0859 Atrium Credit Union Inc

0859 Atrium Credit Union Inc, as a member-owned financial cooperative, is committed to offering favorable loan and deposit services to its qualified members in the marketplace. The organization's mission is centered around providing these financial products and services with a service-oriented focus, recognizing the members' status as owners. This means that Atrium Credit Union aims to offer its services at competitive market rates, thereby demonstrating its dedication to its members' financial well-being. The institution's purpose is to serve its members, ultimately emphasizing the cooperative nature of the credit union.

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Impact




October, 2024

0859 Atrium Credit Union Inc plays a vital role in the financial landscape of Franklin, OH, by offering a range of loan and deposit products specifically designed for its member owners. As a state-chartered cooperative credit union, it fosters a sense of community and shared ownership among its members, ensuring that financial services are tailored to meet their needs.

The credit union's mission focuses on providing lending and savings opportunities with competitive terms, which promotes financial stability and economic growth within the community. By prioritizing a service-based approach, Atrium Credit Union emphasizes the importance of member satisfaction and engagement, recognizing each member as a stakeholder in the institution's success.

Additionally, the organization contributes to public benefit by enhancing access to financial services, which can be particularly important for individuals and families seeking reliable banking options. This not only supports individual financial goals but also strengthens the local economy by encouraging responsible borrowing and saving practices among its members. Overall, Atrium Credit Union's impact is evident in its commitment to fostering financial well-being and community development.




This information is meant to be a general summary of 0859 Atrium Credit Union Inc. 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
$517,509 (2022)
Expenses
$494,754 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $67,064
  • Program Service Revenue: $450,445
  • Gross Receipts: $517,509

Assets and Liabilities:

  • Total Assets: $11,733,536
  • Total Liabilities: $10,670,211
  • Net Assets: $1,063,325

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Programs

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

Interest on loans to members

Revenue

$260,799

Fees to members

Revenue

$187,819

ATM surcharges to nonmembers

Revenue

$1,827

Organization Details

Founding Year

1958

Principal Officer

Cindy Cottongim

Main Address

6051 Market Street Suite C, Franklin, OH, 45005

NTEE Category

Code: W60 - Public benefit

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