Overview
What is Cardinal Credit Union Inc?
Cardinal Credit Union Inc, based in the Mentor/Cleveland area, is a long-standing nonprofit organization dedicated to offering financial services to qualified individuals employed by various local companies and organizations. With a rich history spanning over half a century, the credit union has been committed to this mission and continues to provide essential financial services to its members.
Official website here: www.cardinalcu.com
Is Cardinal Credit Union Inc legitimate?
Cardinal Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Cardinal 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: $1,213,419
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,253,639
For more financial information, click here
Official website here: www.cardinalcu.com
What is the mission statement of Cardinal Credit Union Inc?
Cardinal Credit Union Inc has been dedicated to offering financial services to eligible members for over half a century. The organization's primary mission revolves around providing essential financial solutions to its members. By catering to various companies and organizations, Cardinal Credit Union has expanded its reach and served numerous individuals throughout its tenure. Through its financial services, the union aims to contribute to the financial well-being of its members. The long-standing institution's commitment to its mission reflects its enduring dedication to the financial needs of its clientele.
Official website here: www.cardinalcu.com
Who is the CEO of Cardinal Credit Union Inc?
Christine Blake is the Director of Cardinal Credit Union Inc. The CEO's salary of Cardinal Credit Union Inc is $381,568 and their total compensation is $426,935.
Official website here: www.cardinalcu.com
What is the revenue of Cardinal Credit Union Inc?
Cardinal Credit Union Inc's revenue in 2022 was $13,717,571.
Official website here: www.cardinalcu.com
Who are the executives of Cardinal Credit Union Inc and what are their salaries?
The average compensation at Cardinal Credit Union Inc during 2022 was $55,223. There are 99 employees and 8 volunteers at Cardinal Credit Union Inc.
Here are 14 key members and their salaries (Cardinal Credit Union Inc's CEO's salary is $381,568 and their total compensation is $426,935):
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $381,568
- Related: $0
- Other: $45,367
- Compensation: $186,083
- Related: $0
- Other: $12,338
- Compensation: $204,355
- Related: $0
- Other: $11,838
- Compensation: $133,034
- Related: $0
- Other: $8,842
- Compensation: $106,459
- Related: $0
- Other: $10,899
- Compensation: $101,984
- Related: $0
- Other: $10,652
Official website here: www.cardinalcu.com
Where can I find the form 990 for Cardinal Credit Union Inc?
Cardinal Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cardinalcu.com
Learn more at the official website: www.cardinalcu.com
Mission Statement of Cardinal Credit Union Inc
Cardinal Credit Union, a renowned financial services provider, has been dedicated to serving a specific group of qualified members for over half a century. Established in the Mentor/Cleveland area, this credit union has built a strong foundation based on trust and financial support for its members.
Cardinal Credit Union's mission centers around extending financial services to eligible individuals associated with various local companies and organizations. Though the exact nature of these companies and organizations is not mentioned, it is clear that they have formed a strong partnership with the credit union, enabling it to serve their employees effectively. By doing so, the credit union has fostered financial stability and prosperity within the community it serves.
The organization's long-standing presence in the Mentor/Cleveland area is a testament to its commitment and success in fulfilling its mission. Over the decades, Cardinal Credit Union has become a trusted financial institution, offering a comprehensive range of services tailored to its members' unique financial needs. The cooperative structure of the credit union allows it to operate with a member-focused approach, ensuring that each individual receives personalized attention and assistance.
Through its financial services, Cardinal Credit Union empowers its members to achieve their financial goals, whether that be through savings accounts, loans, or other financial solutions. The credit union's dedication to its members extends beyond basic financial services, as it strives to create a strong sense of community and financial literacy. By fostering financial knowledge and stability, Cardinal Credit Union not only helps its members make informed decisions about their money but also contributes to the overall well-being of the community it serves.
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Impact
October, 2024
Cardinal Credit Union Inc has a significant impact on the Mentor and Cleveland areas by providing essential financial services to qualified members. With over 50 years of experience, CCU supports employees of various companies and organizations, facilitating access to sound banking options and financial resources. This longstanding presence in the community helps foster financial literacy and stability, empowering individuals and families to manage their finances effectively.
By prioritizing the financial well-being of its members, Cardinal Credit Union contributes to the economic health of the region. It offers valuable products and services, including savings accounts, loans, and financial education, which not only enhance the financial capabilities of members but also promote community growth. CCU's commitment to qualified local employees strengthens community ties and creates a network of support for both individuals and businesses alike.
This information is meant to be a general summary of Cardinal 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 2022.
- Investment Income: $743,898
- Program Service Revenue: $12,933,409
- Gross Receipts: $16,702,035
Assets and Liabilities:
- Total Assets: $288,887,413
- Total Liabilities: $256,411,382
- Net Assets: $32,476,031
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$9,307,870
FEES AND COMMISSIONS
Revenue
$3,583,649
OTHER INCOME
Revenue
$41,890
Organization Details
Founding Year
1953
Phone
(440) 266-2200Principal Officer
Christine Blake
Main Address
8500 WESTPORT DRIVE, MENTOR, OH, 44060
Website
www.cardinalcu.comNTEE Category
Code: W60 - Public benefit
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