C E S Credit Union Inc

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

EIN: 314400124 ✦ Mount vernon, OH ✦ Designated as a 501(c)(14)

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Overview

What is C E S Credit Union Inc?

C E S Credit Union Inc, located in Mount Vernon, Ohio, serves approximately 16,941 members by providing financial services. Established with the goal of promoting savings and offering credit, this credit union operates under the belief that financial well-being is essential for its members. With a team of 113 dedicated employees, C E S Credit Union Inc aims to help its members manage their finances effectively and responsibly.


Official website here: www.cescu.com

Is C E S Credit Union Inc legitimate?

C E S Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. C E S 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: $249,028
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,413,123

For more financial information, click here


Official website here: www.cescu.com

What is the mission statement of C E S Credit Union Inc?

CES Credit Union Inc's primary mission is to foster thrift among its members and offer them credit services. This mission is enacted with the aim of providing financial assistance to its approximately 16,941 members. The credit union's activities are centered around promoting financial well-being for its members, ensuring they have access to necessary credit services.


Official website here: www.cescu.com

Who is the CEO of C E S Credit Union Inc?

Sandra K Coffing is the Ceo of C E S Credit Union Inc. The CEO's salary of C E S Credit Union Inc is $174,100 and their total compensation is $184,520.


Official website here: www.cescu.com

What is the revenue of C E S Credit Union Inc?

C E S Credit Union Inc's revenue in 2022 was $8,113,568.


Official website here: www.cescu.com

Who are the executives of C E S Credit Union Inc and what are their salaries?

The average compensation at C E S Credit Union Inc during 2022 was $23,559. There are 113 employees and 9 volunteers at C E S Credit Union Inc.


Here are 11 key members and their salaries (C E S Credit Union Inc's CEO's salary is $174,100 and their total compensation is $184,520):


Sandra K Coffing (Ceo)
  • Compensation: $174,100
  • Related: $0
  • Other: $10,420
Jamie Forster (Cfo)
  • Compensation: $74,928
  • Related: $0
  • Other: $9,775
Teresa Bemiller (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Booth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Fearn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candice Gallagher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gray (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Hatton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Ann Ruhl (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Warden (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Wells (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cescu.com

Where can I find the form 990 for C E S Credit Union Inc?

C E S Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cescu.com

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

Mission Statement of C E S Credit Union Inc

C E S Credit Union Inc, as stated in its mission, is dedicated to fostering thrift and extending credit to its members. In simpler terms, the primary objective of this credit union is to encourage its members to save money and provide them with financial aid when needed. This mission is a testament to its commitment towards empowering its members financially.

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Impact




October, 2024

C E S Credit Union Inc plays a vital role in the financial well-being of its community by promoting thrift and providing accessible credit. Serving approximately 16,941 members, it enables individuals and families to achieve their financial goals through various financial services. Located in Mount Vernon, Ohio, the credit union fosters a sense of community by focusing on the needs of its members, ensuring that they have the tools and resources necessary for financial stability and growth. By prioritizing the needs of its members, C E S Credit Union Inc contributes significantly to the overall economic health of the area, empowering individuals to manage their finances effectively and responsibly.




This information is meant to be a general summary of C E S 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
$8,113,568 (2022)
Expenses
$6,810,989 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $753,627
  • Program Service Revenue: $7,359,941
  • Gross Receipts: $13,641,677

Assets and Liabilities:

  • Total Assets: $216,007,452
  • Total Liabilities: $195,581,965
  • Net Assets: $20,425,487

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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

$4,212,832

OTHER OPERATING INCOME

Revenue

$1,653,208

FEES & COMMISSIONS

Revenue

$1,402,677

FOREIGN ATM FEES

Revenue

$91,224

Organization Details

Founding Year

1952

Principal Officer

Sandra K Coffing

Main Address

P O BOX 631, MOUNT VERNON, OH, 43050

NTEE Category

Code: W60 - Public benefit

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