333 Golden Circle Credit Union Inc

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

EIN: 340806619 ✦ Massillon, OH ✦ Designated as a 501(c)(14)

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Overview

What is 333 Golden Circle Credit Union Inc?

333 Golden Circle Credit Union Inc is a nonprofit financial institution located at 4118 Lincolnway E, Massillon, Ohio 44646. With a membership base of approximately 7,000 individuals, they manage around 10,000 deposit accounts. Their primary mission is to provide members with financial services, such as lending, savings, and more, at terms generally more favorable than those available in the open market. They maintain a service-oriented approach, recognizing their members as the organization's owners. The credit union currently employs 23 individuals.


Official website here: www.goldencirclecu.com

Is 333 Golden Circle Credit Union Inc legitimate?

333 Golden Circle Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 333 Golden Circle 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: $228,837
Professional Fundraising Fees: $0
Other Salaries and Wages: $619,600

For more financial information, click here


Official website here: www.goldencirclecu.com

What is the mission statement of 333 Golden Circle Credit Union Inc?

333 Golden Circle Credit Union Inc's mission is centered around providing its eligible members with superior financial services, including lending, savings, and other offerings. This is done at interest rates more favorable than what is typically available in the market. The organization operates with a service-oriented philosophy, acknowledging the members' role as owners. They strive to offer these financial services with a focus on quality and an understanding of the members' unique status. The credit union also distributes dividends to its members, derived from the interest earned on approximately 10,000 deposit accounts owned by around 7,000 members.


Official website here: www.goldencirclecu.com

Who is the CEO of 333 Golden Circle Credit Union Inc?

Tera Wentling is the Coceo Of Operations of 333 Golden Circle Credit Union Inc. The CEO's salary of 333 Golden Circle Credit Union Inc is $0 and their total compensation is $0.


Official website here: www.goldencirclecu.com

What is the revenue of 333 Golden Circle Credit Union Inc?

333 Golden Circle Credit Union Inc's revenue in 2022 was $2,904,500.


Official website here: www.goldencirclecu.com

Who are the executives of 333 Golden Circle Credit Union Inc and what are their salaries?

The average compensation at 333 Golden Circle Credit Union Inc during 2022 was $36,889. There are 23 employees at 333 Golden Circle Credit Union Inc.


Here are 10 key members and their salaries (333 Golden Circle Credit Union Inc's CEO's salary is $0 and their total compensation is $0):


William Dixon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Capron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Scarry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucinda Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Trivoli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherman Oyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Mcclain (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Nealis (Coceo Of Lending And Card Services)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tera Wentling (Coceo Of Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.goldencirclecu.com

Where can I find the form 990 for 333 Golden Circle Credit Union Inc?

333 Golden Circle Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.goldencirclecu.com

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

Mission Statement of 333 Golden Circle Credit Union Inc

333 Golden Circle Credit Union Inc is dedicated to delivering superior financial services to its eligible members. This nonprofit organization prides itself on offering lending, savings, and various other financial solutions at more favorable terms than what is generally accessible in the market. Moreover, 333 Golden Circle Credit Union Inc prioritizes its members as owners, ensuring a service-oriented approach that acknowledges their distinct status. The credit union's operations result in dividend payments to its approximately 7,000 members, distributed across around 10,000 deposit accounts.

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Impact




October, 2024

333 Golden Circle Credit Union Inc significantly enhances the financial wellbeing of its community in Massillon, OH, by offering a range of lending and savings services tailored to the needs of its approximately 7,000 members. With a strong emphasis on member ownership, the credit union provides terms that are generally more favorable than those found in the broader marketplace.

The impact is evident through the dividends paid on around 10,000 deposit accounts, directly benefiting members by encouraging savings and fostering financial stability. By focusing on service-based financial solutions, 333 Golden Circle empowers individuals to achieve their financial goals while promoting community cohesion and economic growth. The credit union's dedication to its members reinforces the idea of collective benefit, creating a supportive financial environment that prioritizes the needs of the community over profit.




This information is meant to be a general summary of 333 Golden Circle 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
$2,904,500 (2022)
201120122013201420152016201720182019202020212022$0$900k$1.8M$2.7M$3.6M
Expenses
$2,853,426 (2022)
201120122013201420152016201720182019202020212022$0$1M$2M$3M$4M
Efficiency
2011201220132014201520162017201820192020202120220%7%14%21%28%35%

Other financial information:

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

  • Investment Income: $793,835
  • Program Service Revenue: $2,110,665
  • Gross Receipts: $2,904,500

Assets and Liabilities:

  • Total Assets: $95,919,122
  • Total Liabilities: $84,289,517
  • Net Assets: $11,629,605

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Programs

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

Loan Interest

Revenue

$1,693,184

Fee Income

Revenue

$254,991

Other Income

Revenue

$162,490

Organization Details

Founding Year

1940

Principal Officer

Tera Wentling

Main Address

4118 Lincolnway E, Massillon, OH, 44646

NTEE Category

Code: W60 - Public benefit

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