Overview
What is Seven Seventeen Credit Union Inc?
Seven Seventeen Credit Union Inc is a cooperative financial institution dedicated to helping its members save money and access credit for provident and productive purposes. The organization, with its mission rooted in promoting thrift, provides essential savings facilities and extends credit to aid in budgeting and effective use of assets and resources. The credit union engages in a variety of activities to support its members in financial management and offers assistance necessary and incidental to these objectives.
Official website here: www.717cu.com
Is Seven Seventeen Credit Union Inc legitimate?
Seven Seventeen Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Seven Seventeen 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: $4,531,146
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,465,997
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Official website here: www.717cu.com
What is the mission statement of Seven Seventeen Credit Union Inc?
Seven Seventeen Credit Union's mission is centered around encouraging savings among its members and providing credit for sensible and productive purposes. The organization operates on a cooperative basis, establishing facilities for savings to help members build financial security. Additionally, Seven Seventeen Credit Union offers assistance to its members in managing their budgets, effectively utilizing their assets, and making the most of their resources. The credit union engages in various activities to support these objectives, aiming to promote financial well-being for its members.
Official website here: www.717cu.com
Who is the CEO of Seven Seventeen Credit Union Inc?
John Demmler is the CEO of Seven Seventeen Credit Union Inc The CEO's salary of Seven Seventeen Credit Union Inc is $85,302 and their total compensation is $85,302.
Official website here: www.717cu.com
What is the revenue of Seven Seventeen Credit Union Inc?
Seven Seventeen Credit Union Inc's revenue in 2023 was $99,536,040.
Official website here: www.717cu.com
Who are the executives of Seven Seventeen Credit Union Inc and what are their salaries?
The average compensation at Seven Seventeen Credit Union Inc during 2023 was $63,445. There are 394 employees and 12 volunteers at Seven Seventeen Credit Union Inc.
Here are 25 key members and their salaries (Seven Seventeen Credit Union Inc's CEO's salary is $85,302 and their total compensation is $85,302):
- Compensation: $2,646
- Related: $0
- Other: $0
- Compensation: $2,927
- Related: $0
- Other: $0
- Compensation: $2,693
- Related: $0
- Other: $0
- Compensation: $700
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $465
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $966,512
- Related: $0
- Other: $80,868
- Compensation: $85,302
- Related: $0
- Other: $0
- Compensation: $330,636
- Related: $0
- Other: $72,167
- Compensation: $350,104
- Related: $0
- Other: $71,731
- Compensation: $260,377
- Related: $0
- Other: $61,537
- Compensation: $277,613
- Related: $0
- Other: $50,822
- Compensation: $333,512
- Related: $0
- Other: $59,383
- Compensation: $245,623
- Related: $0
- Other: $59,452
- Compensation: $270,396
- Related: $0
- Other: $62,541
- Compensation: $172,842
- Related: $0
- Other: $48,203
- Compensation: $169,645
- Related: $0
- Other: $34,946
- Compensation: $188,865
- Related: $0
- Other: $50,756
- Compensation: $170,941
- Related: $0
- Other: $46,941
- Compensation: $207,653
- Related: $0
- Other: $53,734
- Compensation: $183,564
- Related: $0
- Other: $50,202
- Compensation: $160,387
- Related: $0
- Other: $33,830
- Compensation: $158,114
- Related: $0
- Other: $44,964
- Compensation: $154,106
- Related: $0
- Other: $28,442
Official website here: www.717cu.com
Where can I find the form 990 for Seven Seventeen Credit Union Inc?
Seven Seventeen Credit Union Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.717cu.com
Learn more at the official website: www.717cu.com
Mission Statement of Seven Seventeen Credit Union Inc
Seven Seventeen Credit Union Inc is a member-focused financial cooperative with a mission to foster savings among its members and provide credit for prudent and productive uses. The organization operates on a cooperative principle, bringing together individuals to create a collective pool of resources for mutual benefit. Seven Seventeen Credit Union goes beyond offering basic financial services by also offering assistance in budgeting, money management, and making the most of members' assets and resources. This holistic approach ensures that the credit union not only meets the immediate financial needs of its members but also helps them build a stronger financial future.
Moreover, Seven Seventeen Credit Union believes in the importance of thrift and provides the necessary facilities for its members to save. Thrift, in this context, goes beyond just saving money; it involves wise financial decision-making and making the most of one's resources. By promoting thrift, the credit union aims to help its members build financial security and resilience.
Seven Seventeen Credit Union's mission extends beyond financial services. It is committed to engaging in all activities necessary and incidental to promote the financial well-being of its members. This commitment to its members' financial success sets it apart as a trusted financial partner, dedicated to helping them achieve their financial goals.
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Impact
October, 2024
Seven Seventeen Credit Union Inc has a significant impact on its community by fostering financial wellness among its members. By establishing cooperative savings facilities, it promotes a culture of thrift, encouraging individuals to save and plan effectively for their future. The credit union enables access to credit that supports provident and productive endeavors, empowering members to achieve their financial goals.
Beyond facilitating savings and credit, Seven Seventeen Credit Union offers valuable assistance in budgeting and money management. This educational outreach equips members with the knowledge and skills necessary to effectively manage their assets and resources, fostering greater financial independence and security. By engaging in these activities, the credit union contributes to the overall economic stability and growth of the community it serves in Warren, OH, creating a positive ripple effect that benefits all residents.
This information is meant to be a general summary of Seven Seventeen 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 2023.
- Investment Income: $3,675,084
- Program Service Revenue: $95,841,543
- Gross Receipts: $99,536,040
Assets and Liabilities:
- Total Assets: $1,540,611,072
- Total Liabilities: $1,348,058,297
- Net Assets: $192,552,775
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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
$72,931,514
FEE INCOME
Revenue
$22,410,563
NON-MEMBER FEES AND INCOME
Revenue
$470,908
RENTAL
Revenue
$28,558
Organization Details
Founding Year
1957
Principal Officer
Shelly Pawcio
Website
www.717cu.comNTEE Category
Code: W60 - Public benefit
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