Overview
What is 708 Community First Credit Union Inc?
708 Community First Credit Union Inc is a member-owned cooperative credit union, headquartered at 2043 East Prospect Road, Ashtabula, Ohio 44004. This financial institution is committed to enriching the financial well-being of its members and the surrounding community. With a primary focus on providing loan and deposit products and services, the credit union operates as a state-chartered organization, catering to its member-owners' financial needs. The credit union's mission is to ensure the financial prosperity of its members and the community, employing a workforce of 19 individuals.
Official website here: www.cfcua.com
Is 708 Community First Credit Union Inc legitimate?
708 Community First Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 708 Community First 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: $261,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $711,754
For more financial information, click here
Official website here: www.cfcua.com
What is the mission statement of 708 Community First Credit Union Inc?
The 708 Community First Credit Union Inc, as a financial institution cooperative, is committed to enhancing the financial well-being of its member-owners. The organization's mission is to offer loan and deposit services, aiming to enrich the financial lives of its members. By being a state-chartered member-owned cooperative credit union, it provides financial products and services to its member-owners, serving the community it serves.
Official website here: www.cfcua.com
Who is the CEO of 708 Community First Credit Union Inc?
Mark Degeorge is the CEO of 708 Community First Credit Union Inc The CEO's salary of 708 Community First Credit Union Inc is $153,298 and their total compensation is $179,298.
Official website here: www.cfcua.com
What is the revenue of 708 Community First Credit Union Inc?
708 Community First Credit Union Inc's revenue in 2024 was $3,986,299.
Official website here: www.cfcua.com
Who are the executives of 708 Community First Credit Union Inc and what are their salaries?
The average compensation at 708 Community First Credit Union Inc during 2024 was $51,238. There are 19 employees and 9 volunteers at 708 Community First Credit Union Inc.
Here are 9 key members and their salaries (708 Community First Credit Union Inc's CEO's salary is $153,298 and their total compensation is $179,298):
- Compensation: $153,298
- Related: $0
- Other: $26,000
- Compensation: $108,471
- Related: $0
- Other: $31,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cfcua.com
Where can I find the form 990 for 708 Community First Credit Union Inc?
708 Community First Credit Union Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cfcua.com
Learn more at the official website: www.cfcua.com
Mission Statement of 708 Community First Credit Union Inc
708 Community First Credit Union Inc, as a financial institution cooperative, is dedicated to enriching the financial well-being of its member-owners. The organization's mission is firmly grounded in this commitment, aiming to provide loan and deposit products and services that cater to the needs of its member-owners. By doing so, 708 Community First Credit Union Inc strives to contribute positively to the financial health of its community, demonstrating a genuine concern for the financial well-being of its members. The credit union's mission is not just about providing financial services; it's about creating a better financial future for its members.
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Impact
October, 2024
708 Community First Credit Union Inc enhances the financial wellbeing of its members and the broader community in Ashtabula, OH by offering a range of loan and deposit products tailored to meet their needs. As a member-owned cooperative, it operates on the principle of serving its members first, facilitating financial stability and growth. The credit union's commitment to the community reflects its mission to enrich the lives of those it serves, potentially leading to improved economic conditions and greater financial literacy among its members. By providing accessible financial services and fostering a collaborative environment, 708 Community First Credit Union strengthens the fabric of the community, promoting a sense of ownership and support among its members.
This information is meant to be a general summary of 708 Community First 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,121,675
- Program Service Revenue: $2,864,624
- Gross Receipts: $3,986,299
Assets and Liabilities:
- Total Assets: $100,431,742
- Total Liabilities: $89,092,889
- Net Assets: $11,338,853
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest on loans to members
Revenue
$2,408,175
Fees to members
Revenue
$451,034
ATM surcharges to non-members
Revenue
$5,415
Organization Details
Founding Year
1955
Principal Officer
Mark Degeorge
Website
www.cfcua.comNTEE Category
Code: W60 - Public benefit
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