Christian Family Credit Union Inc

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

EIN: 341035977 ✦ Milford, OH ✦ Designated as a 501(c)(14)

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Overview

What is Christian Family Credit Union Inc?

Christian Family Credit Union Inc is a member-owned cooperative credit union, headquartered at 410 Chamber Drive, Milford, Ohio 45150. Established with a mission to provide financial solutions, the organization aims to help its members achieve financial security. As a state-chartered entity, it offers various financial services to its member-owners. The credit union employs around 20 individuals, demonstrating its commitment to serving its member base.


Official website here: www.christianfamilycu.com

Is Christian Family Credit Union Inc legitimate?

Christian Family Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Christian Family 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: $433,912
Professional Fundraising Fees: $0
Other Salaries and Wages: $503,614

For more financial information, click here


Official website here: www.christianfamilycu.com

What is the mission statement of Christian Family Credit Union Inc?

Christian Family Credit Union Inc's mission is centered around providing solutions to help its members attain financial security. As a member-owned cooperative credit union, the organization offers financial services with the goal of aiding its members in achieving financial stability. The mission statement emphasizes the credit union's commitment to its members, aiming to offer the necessary tools for financial well-being.


Official website here: www.christianfamilycu.com

Who is the CEO of Christian Family Credit Union Inc?

C Russell Abbott is the President/Ce of Christian Family Credit Union Inc.


Official website here: www.christianfamilycu.com

What is the revenue of Christian Family Credit Union Inc?

Christian Family Credit Union Inc's revenue in 2022 was $2,879,242.


Official website here: www.christianfamilycu.com

Who are the executives of Christian Family Credit Union Inc and what are their salaries?

The average compensation at Christian Family Credit Union Inc during 2022 was $46,876. There are 20 employees and 9 volunteers at Christian Family Credit Union Inc.


Here are 14 key members and their salaries:


C Russell Abbott (President/Ce)
  • Compensation: $153,543
  • Related: $0
  • Other: $25,619
Karen Riel (Coo)
  • Compensation: $105,744
  • Related: $0
  • Other: $11,772
Robin Chappel (Vp Member So)
  • Compensation: $64,009
  • Related: $0
  • Other: $21,180
Leo Feldmann (Vp Accountin)
  • Compensation: $66,360
  • Related: $0
  • Other: $14,976
Benjamin Sawyer (Vp Complianc)
  • Compensation: $44,256
  • Related: $0
  • Other: $0
Phil Dever (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Ferguson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gordon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Hanover (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dairel Kaiser (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Martin (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Pritchard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vera Rebrovich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul White (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.christianfamilycu.com

Where can I find the form 990 for Christian Family Credit Union Inc?

Christian Family Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.christianfamilycu.com

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

Mission Statement of Christian Family Credit Union Inc

Christian Family Credit Union Inc is committed to providing solutions that aid its member-owners in achieving financial security. This mission-driven organization serves as a member-owned cooperative credit union, offering a range of financial services. By focusing on the financial well-being of its members, Christian Family Credit Union Inc strives to empower them to build a secure financial future.

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Impact




October, 2024

Christian Family Credit Union Inc has a significant impact on its community by providing essential financial services aimed at helping its members achieve financial security. As a state-chartered member-owned cooperative, it prioritizes the needs and welfare of its members, offering tailored solutions that cater to their financial goals.

Located in Milford, Ohio, the credit union focuses on empowering its members through a range of services, including loans, savings accounts, and financial education. By fostering a member-centric approach, Christian Family Credit Union Inc not only helps individuals manage their finances more effectively but also promotes a sense of community and shared values among its members.

The organization's commitment to providing accessible financial solutions contributes to the overall financial well-being of the community, allowing members to make informed decisions that positively impact their lives. This approach enhances trust and encourages long-term relationships, ultimately leading to a stronger and more financially secure community.




This information is meant to be a general summary of Christian Family 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
$2,879,242 (2022)
Expenses
$2,576,841 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $825,100
  • Program Service Revenue: $2,054,142
  • Gross Receipts: $2,879,242

Assets and Liabilities:

  • Total Assets: $90,647,762
  • Total Liabilities: $82,325,546
  • Net Assets: $8,322,216

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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

$1,586,812

INTERCHANGE FROM MEMBERS

Revenue

$261,891

FEES TO MEMBERS

Revenue

$182,409

OTHER INCOME

Revenue

$22,120

NON MEMBER ATM FEES

Revenue

$510

Organization Details

Founding Year

1939

Principal Officer

C Russell Abbott

Main Address

410 CHAMBER DRIVE, MILFORD, OH, 45150

NTEE Category

Code: W60 - Public benefit

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