718 Atomic Credit Union Inc

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

EIN: 314415974 ✦ Piketon, OH ✦ Designated as a 501(c)(14)

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Overview

What is 718 Atomic Credit Union Inc?

718 Atomic Credit Union Inc, based in Piketon, Ohio, is a member-focused financial institution operating as a credit union. Its primary mission is to encourage savings among its members and extend credit when needed. The credit union provides a variety of financial services to its members, aiming to improve their financial well-being. By promoting thrift and offering credit, 718 Atomic Credit Union plays a vital role in empowering its members to manage their finances effectively.


Official website here: www.atomiccu.com

Is 718 Atomic Credit Union Inc legitimate?

718 Atomic Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 718 Atomic 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: $1,776,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,838,723

For more financial information, click here


Official website here: www.atomiccu.com

What is the mission statement of 718 Atomic Credit Union Inc?

718 Atomic Credit Union is dedicated to encouraging savings among its members and extending credit to them when needed. The credit union's primary objective is to serve its members by fostering a culture of saving and providing access to financial services. By providing credit, the credit union aims to help its members meet their financial goals and improve their economic well-being. The credit union's mission is centered around its members, ensuring they have access to essential financial services and tools to manage their money effectively. Through these efforts, the credit union contributes to the financial stability and prosperity of its community.


Official website here: www.atomiccu.com

Who is the CEO of 718 Atomic Credit Union Inc?

Thomas Griffiths is the Chair of 718 Atomic Credit Union Inc. The CEO's salary of 718 Atomic Credit Union Inc is $477,815 and their total compensation is $525,802.


Official website here: www.atomiccu.com

What is the revenue of 718 Atomic Credit Union Inc?

718 Atomic Credit Union Inc's revenue in 2022 was $35,641,688.


Official website here: www.atomiccu.com

Who are the executives of 718 Atomic Credit Union Inc and what are their salaries?

The average compensation at 718 Atomic Credit Union Inc during 2022 was $38,183. There are 278 employees and 6 volunteers at 718 Atomic Credit Union Inc.


Here are 16 key members and their salaries (718 Atomic Credit Union Inc's CEO's salary is $477,815 and their total compensation is $525,802):


Charlotte Litten (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Spencer (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vern Blaine (Secretary)
  • Compensation: $6,306
  • Related: $0
  • Other: $0
Tammy Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Boyer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Komlos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Griffiths (Ceo/President)
  • Compensation: $477,815
  • Related: $0
  • Other: $47,987
Jerod Wiley (Cfo)
  • Compensation: $217,883
  • Related: $0
  • Other: $22,598
Aaron Michael (Coo)
  • Compensation: $275,913
  • Related: $0
  • Other: $26,127
Curtis Green (Vp Of It)
  • Compensation: $137,012
  • Related: $0
  • Other: $14,037
Nicole Persin (Vp Of Risk Management)
  • Compensation: $118,153
  • Related: $0
  • Other: $12,021
Branden Mcghee (Regional Manager)
  • Compensation: $109,157
  • Related: $0
  • Other: $11,122
Geoff Grimes (Regional Manager)
  • Compensation: $113,894
  • Related: $0
  • Other: $11,010
Shannon Weber (Compliance Attorney)
  • Compensation: $107,060
  • Related: $0
  • Other: $11,180
Tyler Pierpont (Vp Of Collections)
  • Compensation: $102,348
  • Related: $0
  • Other: $10,570
John Lambert (Regional Manager)
  • Compensation: $110,667
  • Related: $0
  • Other: $8,690


Official website here: www.atomiccu.com

Where can I find the form 990 for 718 Atomic Credit Union Inc?

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


Official website here: www.atomiccu.com

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

Mission Statement of 718 Atomic Credit Union Inc

718 Atomic Credit Union, a commendable financial institution, is dedicated to the promotion of thrift and the provision of credit for its esteemed members. With a clear-cut mission in mind, the credit union functions as a financial cooperative, aiming to help its members make prudent financial decisions and access credit when needed.

By encouraging thrift, 718 Atomic Credit Union empowers its members to save and manage their finances effectively. This not only benefits them individually but also fosters a sense of community and financial responsibility. Simultaneously, the credit union extends credit facilities to its members, acting as a reliable financial partner to help them meet their financial obligations and achieve their financial goals.

In essence, 718 Atomic Credit Union serves as a vital financial resource for its members, fostering financial literacy, and offering credit solutions tailored to their unique needs. Its commitment to promoting thrift and providing credit is the cornerstone of its operations, making it an essential asset for its members in their financial journey.

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Impact




October, 2024

718 Atomic Credit Union Inc significantly enhances the financial well-being of its members by promoting thrift and providing accessible credit options. Located in Piketon, OH, the credit union serves as a vital resource for the community, offering a range of financial services tailored to the needs of its members. By fostering a culture of saving and responsible borrowing, 718 Atomic Credit Union plays an essential role in empowering individuals and families to achieve their financial goals, thereby contributing to the overall economic stability of the region. Through its commitment to supporting its members, the credit union helps to improve financial literacy and encourage a more financially secure community.




This information is meant to be a general summary of 718 Atomic 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
$35,641,688 (2022)
Expenses
$28,746,895 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,388,548
  • Program Service Revenue: $34,253,140
  • Gross Receipts: $35,831,312

Assets and Liabilities:

  • Total Assets: $550,744,794
  • Total Liabilities: $505,743,366
  • Net Assets: $45,001,428

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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

$21,205,955

FEES & COMMISSIONS

Revenue

$13,034,269

OTHER INCOME

Revenue

$12,916

Organization Details

Founding Year

1955

Principal Officer

Thomas Griffiths

Main Address

711 BEAVER CREEK ROAD, PIKETON, OH, 45661

NTEE Category

Code: W60 - Public benefit

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