955 Sharefax Credit Union Inc

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

EIN: 310627742 ✦ Cincinnati, OH ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is 955 Sharefax Credit Union Inc?

955 Sharefax Credit Union Inc is a member-owned, not-for-profit financial cooperative based in Cincinnati, Ohio. Their primary mission is to enhance the financial wellbeing of their members. As a cooperative, it is solely formed for this purpose and offers various programs to achieve this goal. The Credit Union is committed to improving the financial lives of its members.


Official website here: www.sharefax.org

Is 955 Sharefax Credit Union Inc legitimate?

955 Sharefax Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 955 Sharefax 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: $743,179
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,100,447

For more financial information, click here


Official website here: www.sharefax.org

What is the mission statement of 955 Sharefax Credit Union Inc?

955 Sharefax Credit Union Inc is a member-owned, not-for-profit financial cooperative committed to enhancing the financial well-being of its members. Founded with the sole purpose of serving its community, the Credit Union operates as a cooperative to provide financial benefits to its members. Its mission is to improve the financial health and prosperity of individuals through its various programs. By being a member-owned organization, it aims to foster a sense of community and collaboration among its members. The Credit Union is dedicated to delivering financial services that cater to the unique needs and goals of its members, ultimately contributing to their financial stability and success.


Official website here: www.sharefax.org

Who is the CEO of 955 Sharefax Credit Union Inc?

Todd Cain is the Director of 955 Sharefax Credit Union Inc. The CEO's salary of 955 Sharefax Credit Union Inc is $0 and their total compensation is $0.


Official website here: www.sharefax.org

What is the revenue of 955 Sharefax Credit Union Inc?

955 Sharefax Credit Union Inc's revenue in 2022 was $18,157,504.


Official website here: www.sharefax.org

Who are the executives of 955 Sharefax Credit Union Inc and what are their salaries?

The average compensation at 955 Sharefax Credit Union Inc during 2022 was $43,636. There are 111 employees at 955 Sharefax Credit Union Inc.


Here are 13 key members and their salaries (955 Sharefax Credit Union Inc's CEO's salary is $0 and their total compensation is $0):


Dennis Messer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Murphy (Vice-Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
C David Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan S Ochs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyrone Ugarte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Fox (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Aaronson (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Hertlein Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Cox (Cfo)
  • Compensation: $140,721
  • Related: $0
  • Other: $9,403
Todd Cain (President/Ceo (Current))
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Fite (Vp Information System)
  • Compensation: $133,188
  • Related: $0
  • Other: $6,965
Margaret Moffitt (Vp Operations)
  • Compensation: $135,121
  • Related: $0
  • Other: $14,600
Art Kremer (President/Ceo (Former))
  • Compensation: $334,149
  • Related: $0
  • Other: $19,151


Official website here: www.sharefax.org

Where can I find the form 990 for 955 Sharefax Credit Union Inc?

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


Official website here: www.sharefax.org

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

Mission Statement of 955 Sharefax Credit Union Inc

955 Sharefax Credit Union Inc is a member-owned, not-for-profit financial cooperative, dedicated to enhancing the financial wellbeing of its members. Founded with the sole purpose of improving the financial livelihoods of its community, this institution functions as a unified entity for its members.

As a cooperative, 955 Sharefax Credit Union Inc is committed to its mission: fostering financial growth and stability for its members. By pooling resources and focusing on its members' best interests, it creates a unique financial ecosystem designed for mutual benefit. The Credit Union's initiatives reflect its unwavering dedication to its members' financial wellbeing.

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




October, 2024

955 Sharefax Credit Union Inc plays a crucial role in enhancing the financial well-being of its members through a cooperative model that prioritizes community needs over profit. Serving the Cincinnati, OH area, this member-owned financial institution offers a range of programs tailored to improve access to financial services, education, and resources. By focusing on the specific needs of its members, Sharefax fosters a sense of community, encourages responsible financial management, and supports the economic stability of its members.

Through its mission, 955 Sharefax Credit Union Inc actively contributes to the public benefit by building a supportive environment where individuals can achieve their financial goals, access affordable credit, and strengthen their financial literacy. The cooperative model also allows members to have a voice in decision-making processes, promoting a sense of ownership and engagement within the community. Overall, the impact of 955 Sharefax Credit Union Inc extends beyond banking, creating a positive ripple effect that uplifts individuals and families within the local economy.




This information is meant to be a general summary of 955 Sharefax 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
$18,157,504 (2022)
Expenses
$16,363,570 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,265,634
  • Program Service Revenue: $11,863,371
  • Gross Receipts: $18,157,504

Assets and Liabilities:

  • Total Assets: $514,929,234
  • Total Liabilities: $20,317,334
  • Net Assets: $494,611,900

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.

INTEREST ON LOANS

Revenue

$11,863,371

Organization Details

Founding Year

1960

Principal Officer

Todd Cain

Main Address

604 IVY GATEWAY, CINCINNATI, OH, 45245

NTEE Category

Code: W60 - Public benefit

If you are a representative of 955 Sharefax Credit Union Inc 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.