Geauga Credit Union

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

EIN: 341055466 ✦ Burton, OH ✦ Designated as a 501(c)(14)

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Overview

What is Geauga Credit Union?

Geauga Credit Union is a financial institution located in Burton, Ohio, specifically at PO Box 839. It serves as a nonprofit organization, offering financial services to qualified members. Employing a team of 12 individuals, the credit union focuses on providing personal member services, educating members about available products and services, opening and servicing deposit and loan accounts, and assisting members in resolving account-related issues. The credit union's mission is to cater to the financial needs of its members, providing them with essential financial services.


Official website here: www.geaugacreditunion.com

Is Geauga Credit Union legitimate?

Geauga Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Geauga Credit Union 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $401,826

For more financial information, click here


Official website here: www.geaugacreditunion.com

What is the mission statement of Geauga Credit Union?

Geauga Credit Union's mission is centered around providing financial services to eligible members. The credit union strives to offer a wide array of services, including educating members about available products and services, managing deposit and loan accounts, and addressing any concerns members may have regarding their accounts. The credit union is committed to delivering personalized member services, aiming to cater to the unique needs of each member. The employees at Geauga Credit Union work diligently to ensure that compensation, employee benefits, and related payroll taxes are accurately paid.


Official website here: www.geaugacreditunion.com

Who is the CEO of Geauga Credit Union?

Lisa K Briggs is the Treasurer of Geauga Credit Union. The CEO's salary of Geauga Credit Union is $75,191 and their total compensation is $75,191.


Official website here: www.geaugacreditunion.com

What is the revenue of Geauga Credit Union?

Geauga Credit Union's revenue in 2022 was $2,388,027.


Official website here: www.geaugacreditunion.com

Who are the executives of Geauga Credit Union and what are their salaries?

The average compensation at Geauga Credit Union during 2022 was $33,486. There are 12 employees at Geauga Credit Union.


Here are 10 key members and their salaries (Geauga Credit Union's CEO's salary is $75,191 and their total compensation is $75,191):


Thomas Briggs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Yoder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Titus (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aggie Sojka (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Swaney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa K Briggs (Ceo)
  • Compensation: $75,191
  • Related: $0
  • Other: $0
Daniel Burkholder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgia Klemencic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.geaugacreditunion.com

Where can I find the form 990 for Geauga Credit Union?

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


Official website here: www.geaugacreditunion.com

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

Mission Statement of Geauga Credit Union

Geauga Credit Union, as a financial institution, is dedicated to providing a variety of services to qualified members. Its mission is centered around offering financial assistance, ranging from compensation and employee benefits to payroll taxes. The credit union employs individuals who are committed to serving their members effectively. These employees engage with members in various ways, such as educating them about available services and products, managing deposit and loan accounts, and resolving any issues that may arise with these accounts. Geauga Credit Union strives to deliver personalized member services, aiming to meet the diverse financial needs of its members.

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Impact




October, 2024

Geauga Credit Union plays a vital role in the financial well-being of its members by providing essential financial services tailored to their needs. Located in Burton, OH, the credit union is dedicated to delivering personalized member services, which include educating members on available products, facilitating the opening and servicing of deposit and loan accounts, and assisting with any account-related issues that may arise.

Through its commitment to serving qualified members, Geauga Credit Union not only enhances individual financial literacy and stability but also fosters a sense of community and support among its clientele. The expertise of its employees ensures that members receive the guidance they need, contributing to their overall financial empowerment. The credit union’s mission is centered around providing comprehensive financial services that cater to the specific needs of its members, underscoring its positive impact in the community.




This information is meant to be a general summary of Geauga Credit Union. 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
$2,388,027 (2022)
Expenses
$1,665,798 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $52,925
  • Program Service Revenue: $2,314,247
  • Gross Receipts: $2,388,027

Assets and Liabilities:

  • Total Assets: $66,325,020
  • Total Liabilities: $59,949,549
  • Net Assets: $6,375,471

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Programs

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

INTEREST ON PERSONAL LOANS

Revenue

$1,561,648

INTEREST ON BUSINESS LOANS

Revenue

$469,464

INTERES INCOME VISA CARDS

Revenue

$77,667

INTERCHANGE INCOME DEBIT CARD

Revenue

$58,747

NSF ACH FEE

Revenue

$32,195

Organization Details

Founding Year

1956

Principal Officer

Lisa K Briggs

Main Address

PO BOX 839, BURTON, OH, 44021

NTEE Category

Code: W60 - Public benefit

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