37 Kemba Financial Credit Union

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

EIN: 316034826 ✦ Gahanna, OH ✦ Designated as a 501(c)(14)

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Overview

What is 37 Kemba Financial Credit Union?

37 Kemba Financial Credit Union is a not-for-profit financial cooperative dedicated to enhancing the financial well-being of its members. With a mission to promote thrift and offer competitive financial services, they provide various offerings, including savings and lending solutions. As a member-owned organization, their primary goal is to offer favorable terms to their members, prioritizing their best interests.


Official website here: www.kemba.org

Is 37 Kemba Financial Credit Union legitimate?

37 Kemba Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. 37 Kemba Financial 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: $3,406,358
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,206,730

For more financial information, click here


Official website here: www.kemba.org

What is the mission statement of 37 Kemba Financial Credit Union?

The 37 Kemba Financial Credit Union is dedicated to delivering innovative, convenient, and competitively priced financial services that contribute to the well-being of its members. With a focus on promoting thrift, the credit union aims to offer better financial terms than those available in the marketplace. As a not-for-profit financial cooperative, its primary mission is to provide lending, savings, and other financial services to eligible members, prioritizing their best financial interests. By doing so, the credit union seeks to enhance the financial well-being of its member owners.


Official website here: www.kemba.org

Who is the CEO of 37 Kemba Financial Credit Union?

Mark Decello is the President/Ceo of 37 Kemba Financial Credit Union. The CEO's salary of 37 Kemba Financial Credit Union is $871,383 and their total compensation is $906,006.


Official website here: www.kemba.org

What is the revenue of 37 Kemba Financial Credit Union?

37 Kemba Financial Credit Union's revenue in 2022 was $95,459,407.


Official website here: www.kemba.org

Who are the executives of 37 Kemba Financial Credit Union and what are their salaries?

The average compensation at 37 Kemba Financial Credit Union during 2022 was $33,061. There are 563 employees and 7 volunteers at 37 Kemba Financial Credit Union.


Here are 24 key members and their salaries (37 Kemba Financial Credit Union's CEO's salary is $871,383 and their total compensation is $906,006):


Gerald Guy (Assistant To President/Ceo)
  • Compensation: $923,582
  • Related: $0
  • Other: $40,165
Mark Decello (President/Ceo)
  • Compensation: $871,383
  • Related: $0
  • Other: $34,623
Donna Grimmett (Cfo)
  • Compensation: $336,020
  • Related: $0
  • Other: $25,148
Ken Blevins (Chief Technology Officer)
  • Compensation: $288,098
  • Related: $0
  • Other: $40,598
Amy Peterman (Chief Operating Officer)
  • Compensation: $273,096
  • Related: $0
  • Other: $35,536
John Mavrouleas (Commercial Bdo)
  • Compensation: $274,726
  • Related: $0
  • Other: $31,704
Shernette Henry (Vp Human Resources)
  • Compensation: $262,041
  • Related: $0
  • Other: $35,841
Raid Jarrar (Chief Lending Officer)
  • Compensation: $254,300
  • Related: $0
  • Other: $31,187
Mark Seymour (Vice President Commercial Business And Loss Prevention)
  • Compensation: $236,423
  • Related: $0
  • Other: $35,061
Derek Sears (Director Of Wealth Management)
  • Compensation: $197,716
  • Related: $0
  • Other: $37,824
Marco Capalino (Chief Marketing Officer)
  • Compensation: $202,501
  • Related: $0
  • Other: $24,383
Janet Oiler (Vp Of Accounting/Controller)
  • Compensation: $193,948
  • Related: $0
  • Other: $27,595
Douglas La Tour (Vp Risk)
  • Compensation: $184,654
  • Related: $0
  • Other: $26,342
Robert Sullivan (Commercial Bdo)
  • Compensation: $154,748
  • Related: $0
  • Other: $22,663
Robert Murray (Vp Of Lending Operations)
  • Compensation: $152,923
  • Related: $0
  • Other: $12,823
Jason Johnson (Director Of Sales And Member Experience)
  • Compensation: $143,208
  • Related: $0
  • Other: $21,352
Ryan Ambrose (Vp Mortgage)
  • Compensation: $150,975
  • Related: $0
  • Other: $9,468
Donna Folberth (Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Slaper (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Elden (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Perdue (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emmet Apolinario (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Mariotti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Guthrie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kemba.org

Where can I find the form 990 for 37 Kemba Financial Credit Union?

37 Kemba Financial Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kemba.org

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

Mission Statement of 37 Kemba Financial Credit Union

Kemba Financial Credit Union, a not-for-profit financial cooperative, is dedicated to enhancing the financial well-being of its members. With a mission to promote thrift, this organization offers innovative, convenient, and competitively priced financial services. By keeping the best interests of its "member-owners" in mind, Kemba Financial Credit Union sets itself apart from the marketplace with cooperative-based emphasis.

In simple terms, Kemba Financial Credit Union strives to help its members save and access credit at favorable terms, contributing to their overall financial growth. As a cooperative, it operates with a unique focus on its community, fostering a sense of togetherness among its members. The organization's primary goal is to provide lending, savings, and other financial services to eligible members, all while maintaining a member-centric approach.

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Impact




October, 2024

37 Kemba Financial Credit Union plays a significant role in enhancing the financial well-being of its members in Gahanna, Ohio. By offering innovative and competitively priced financial services, the credit union fosters thrift among its members while providing access to essential lending and savings options.

The cooperative model ensures that the best financial interests of member-owners are prioritized, allowing them to benefit from terms that are often more favorable than those available in the broader market. This approach not only contributes to improved financial health for individuals and families but also strengthens the community as a whole.

Through its mission to provide accessible financial services, 37 Kemba Financial Credit Union champions the cause of financial inclusivity, empowering members to achieve their financial goals while promoting a culture of responsible financial management.




This information is meant to be a general summary of 37 Kemba Financial 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
$95,459,407 (2022)
Expenses
$70,738,895 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,627,672
  • Program Service Revenue: $89,830,235
  • Gross Receipts: $95,459,407

Assets and Liabilities:

  • Total Assets: $1,965,075,120
  • Total Liabilities: $1,748,724,406
  • Net Assets: $216,350,714

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Programs

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

Loan Interest

Revenue

$63,721,348

Fee Income

Revenue

$9,097,539

Other Income

Revenue

$16,808,740

Insurance Income

Revenue

$124,441

Non-member Transactional Income

Revenue

$78,167

Organization Details

Founding Year

1933

Principal Officer

Mark Decello

Main Address

555 Officenter Place, Gahanna, OH, 43230

NTEE Category

Code: W60 - Public benefit

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