Greater Cleveland Community Credit Union Inc

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

EIN: 340709014 ✦ Cleveland, OH ✦ Designated as a 501(c)(14)

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Overview

What is Greater Cleveland Community Credit Union Inc?

Greater Cleveland Community Credit Union Inc, located within its membership base, is a nonprofit financial institution that prioritizes its members' financial well-being. As a credit union, GCCCU offers a range of loan programs to cater to its member-owners' financial needs. The primary mission of this credit union is to provide essential financial services, ensuring its members have access to reliable and beneficial financial solutions.


Official website here: www.greaterclevcu.com

Is Greater Cleveland Community Credit Union Inc legitimate?

Greater Cleveland Community Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Greater Cleveland Community 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: $160,375
Professional Fundraising Fees: $0
Other Salaries and Wages: $150,443

For more financial information, click here


Official website here: www.greaterclevcu.com

What is the mission statement of Greater Cleveland Community Credit Union Inc?

Greater Cleveland Community Credit Union Inc, as a credit union, is dedicated to serving its member-owners by providing them with various financial services. The primary mission of this credit union is to offer financial assistance through its loan programs. By doing so, GCCCU aims to contribute positively to the financial well-being of its members, fostering financial independence and stability among its user base.


Official website here: www.greaterclevcu.com

Who is the CEO of Greater Cleveland Community Credit Union Inc?

Gloria Mcclendon is the Ceo of Greater Cleveland Community Credit Union Inc. The CEO's salary of Greater Cleveland Community Credit Union Inc is $69,082 and their total compensation is $69,082.


Official website here: www.greaterclevcu.com

What is the revenue of Greater Cleveland Community Credit Union Inc?

Greater Cleveland Community Credit Union Inc's revenue in 2022 was $1,607,906.


Official website here: www.greaterclevcu.com

Who are the executives of Greater Cleveland Community Credit Union Inc and what are their salaries?

The average compensation at Greater Cleveland Community Credit Union Inc during 2022 was $51,803. There are 6 employees and 14 volunteers at Greater Cleveland Community Credit Union Inc.


Here are 13 key members and their salaries (Greater Cleveland Community Credit Union Inc's CEO's salary is $69,082 and their total compensation is $69,082):


Darren Wilson (Cfo)
  • Compensation: $91,293
  • Related: $0
  • Other: $0
Gloria Mcclendon (Ceo)
  • Compensation: $69,082
  • Related: $0
  • Other: $0
Gregory Perryman (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Brown (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neida Miller (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mcmanamon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Antonello (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Brown Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ozell Dobbins Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simon Mastroianni (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lonya Moss-Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Venita Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Roy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greaterclevcu.com

Where can I find the form 990 for Greater Cleveland Community Credit Union Inc?

Greater Cleveland Community Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greaterclevcu.com

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

Mission Statement of Greater Cleveland Community Credit Union Inc

Greater Cleveland Community Credit Union, as a mission-driven organization, is committed to serving its member-owners by providing them with essential financial services. In simpler terms, this credit union exists to cater to the financial needs of its members, offering a variety of loan programs. By doing so, Greater Cleveland Community Credit Union aims to contribute positively to the financial well-being of its member-owners, thereby strengthening the community as a whole.

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Impact




October, 2024

Greater Cleveland Community Credit Union Inc (GCCCU) plays a vital role in enhancing the financial well-being of its members in Cleveland, Ohio. By offering a range of financial services, including various loan programs, GCCCU empowers individuals and families to achieve greater financial stability and independence.

The credit union's focus on member ownership fosters a sense of community and mutual support, allowing members to benefit from more favorable rates and terms than those typically found at conventional banks. This community-centered approach not only facilitates personal financial growth but also contributes to the broader economic development of the region. Through its commitment to serving the needs of its members, GCCCU promotes financial literacy and responsible borrowing practices, which ultimately lead to stronger households and resilient neighborhoods in Greater Cleveland.




This information is meant to be a general summary of Greater Cleveland Community 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
$1,607,906 (2022)
Expenses
$1,227,026 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $66,682
  • Program Service Revenue: $771,767
  • Gross Receipts: $1,607,906

Assets and Liabilities:

  • Total Assets: $9,546,630
  • Total Liabilities: $7,264,798
  • Net Assets: $2,281,832

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Programs

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

Loan Interest Income

Revenue

$477,415

Loan Fee Income

Revenue

$140,342

Service Fee Income

Revenue

$154,010

Organization Details

Founding Year

1937

Principal Officer

Gloria Mcclendon

Main Address

601 Lakeside Ave Room 3, Cleveland, OH, 44114

NTEE Category

Code: W60 - Public benefit

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