Bridge Credit Union

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

EIN: 316077716 ✦ Powell, OH ✦ Designated as a 501(c)(14)

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Overview

What is Bridge Credit Union?

Bridge Credit Union, established in Powell, Ohio, is a member-focused financial institution with a mission to exceed expectations through exceptional service and financially sound, ethical products. Serving approximately 13,385 members, they manage around 27,170 deposit accounts. Their primary goal is to promote financial success for their members, ensuring they offer superior services and products that cater to their members' needs. With a workforce of 47 dedicated individuals, Bridge Credit Union operates with integrity and responsibility, aiming to meet and exceed their members' expectations.


Official website here: www.bridgecu.org

Is Bridge Credit Union legitimate?

Bridge Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Bridge 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: $639,608
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,246,307

For more financial information, click here


Official website here: www.bridgecu.org

What is the mission statement of Bridge Credit Union?

Bridge Credit Union is committed to surpassing member expectations by providing superior services and financial products, thereby contributing to their financial well-being. The organization operates with financial stability and adheres to ethical principles, ensuring its operations are sound. The credit union pays dividends to its members on approximately 27,170 deposit accounts held by approximately 13,385 members.


Official website here: www.bridgecu.org

Who is the CEO of Bridge Credit Union?

Jarod Bach is the President/Ce of Bridge Credit Union.


Official website here: www.bridgecu.org

What is the revenue of Bridge Credit Union?

Bridge Credit Union's revenue in 2022 was $8,389,453.


Official website here: www.bridgecu.org

Who are the executives of Bridge Credit Union and what are their salaries?

The average compensation at Bridge Credit Union during 2022 was $40,126. There are 47 employees and 9 volunteers at Bridge Credit Union.


Here are 14 key members and their salaries:


Jarod Bach (President/Ce)
  • Compensation: $194,104
  • Related: $0
  • Other: $12,019
Amy Robinette (Vp / Cfo)
  • Compensation: $133,858
  • Related: $0
  • Other: $9,919
Brandynn Adams (Vp / Cxo)
  • Compensation: $107,526
  • Related: $0
  • Other: $11,538
Jeff Christensen (Vp / Cio)
  • Compensation: $105,934
  • Related: $0
  • Other: $6,370
Patrick Curtain (Vp / Clo)
  • Compensation: $98,186
  • Related: $0
  • Other: $11,119
John Audet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Deniro (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Downs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Ludowese (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mccoleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benita Neely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Ray (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Shearer (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Wehner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bridgecu.org

Where can I find the form 990 for Bridge Credit Union?

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


Official website here: www.bridgecu.org

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

Mission Statement of Bridge Credit Union

Bridge Credit Union is committed to surpassing the expectations of its members by providing superior service and financial products. This mission aims to foster the financial success of its members while operating in a financially sound and ethical manner. The union distributes dividends to its members, with approximately 27,170 deposit accounts held by approximately 13,385 members benefiting from this initiative. In essence, Bridge Credit Union prioritizes delivering exceptional service and financial benefits to its members, all while maintaining financial stability and adhering to ethical principles.

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Impact




October, 2024

Bridge Credit Union has a significant impact in its community by prioritizing the financial success of its members. By providing superior service and products tailored to meet the unique needs of approximately 13,385 members with around 27,170 deposit accounts, the credit union fosters an environment of trust and financial well-being. Its commitment to ethical practices and sound financial management ensures that members can rely on the institution for their financial needs. Dividends paid to members further enhance their financial prosperity, making Bridge Credit Union a vital resource for individuals seeking to achieve their financial goals. Through its mission, the credit union not only supports individual members but also contributes to the overall economic health of the Powell, Ohio community.




This information is meant to be a general summary of Bridge 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
$8,389,453 (2022)
Expenses
$7,099,461 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $687,152
  • Program Service Revenue: $7,141,399
  • Gross Receipts: $8,389,453

Assets and Liabilities:

  • Total Assets: $143,847,202
  • Total Liabilities: $127,342,000
  • Net Assets: $16,505,202

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Programs

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

LOAN INTEREST

Revenue

$4,877,727

FEE INCOME

Revenue

$1,919,172

OTHER INCOME

Revenue

$327,561

ATM SURCHARGE INCOME

Revenue

$15,589

OTHER INCOME - UBIT

Revenue

$1,350

Organization Details

Founding Year

1967

Principal Officer

Jarod Bach

Main Address

10567 SAWMILL PARKWAY, POWELL, OH, 43065

NTEE Category

Code: W60 - Public benefit

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