Overview
What is Directions Credit Union Inc?
Directions Credit Union Inc, located at 200 N St. Clair Street 1600, Toledo, Ohio, 43604, is a trusted financial partner for over 95,000 members. The credit union offers various savings accounts, including share drafts, regular shares, IRAs, money markets, and certificates, to help its members reach their financial objectives. With a dedicated team of 374 employees, Directions Credit Union is committed to providing essential financial services and supporting its members on their financial journeys.
Official website here: www.directionscu.org
Is Directions Credit Union Inc legitimate?
Directions Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Directions 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: $3,855,468
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,648,084
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Official website here: www.directionscu.org
What is the mission statement of Directions Credit Union Inc?
Directions Credit Union Inc is committed to being a reliable ally in helping its members attain their financial objectives. By offering various savings accounts such as share drafts, regular shares, IRAs, money market, and certificates, the credit union empowers its 95,624 members to save and plan for their financial futures. The institution's mission is geared towards fostering financial stability and growth for its members. Through its diverse range of services, Directions Credit Union Inc aims to ensure that each member's unique financial goals are within reach, and that they have access to the resources needed to achieve them.
Official website here: www.directionscu.org
Who is the CEO of Directions Credit Union Inc?
Barry Shaner is the CEO of Directions Credit Union Inc The CEO's salary of Directions Credit Union Inc is $516,513 and their total compensation is $527,301.
Official website here: www.directionscu.org
What is the revenue of Directions Credit Union Inc?
Directions Credit Union Inc's revenue in 2023 was $62,910,262.
Official website here: www.directionscu.org
Who are the executives of Directions Credit Union Inc and what are their salaries?
The average compensation at Directions Credit Union Inc during 2023 was $51,831. There are 357 employees and 8 volunteers at Directions Credit Union Inc.
Here are 21 key members and their salaries (Directions Credit Union Inc's CEO's salary is $516,513 and their total compensation is $527,301):
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $516,513
- Related: $0
- Other: $10,788
- Compensation: $254,079
- Related: $0
- Other: $6,852
- Compensation: $266,079
- Related: $0
- Other: $7,461
- Compensation: $223,421
- Related: $0
- Other: $5,580
- Compensation: $236,408
- Related: $0
- Other: $5,929
- Compensation: $265,058
- Related: $0
- Other: $7,445
- Compensation: $181,857
- Related: $0
- Other: $4,230
- Compensation: $218,712
- Related: $0
- Other: $5,907
- Compensation: $144,044
- Related: $0
- Other: $3,239
- Compensation: $130,032
- Related: $0
- Other: $3,840
- Compensation: $132,773
- Related: $0
- Other: $3,787
- Compensation: $131,228
- Related: $0
- Other: $2,869
- Compensation: $285,941
- Related: $0
- Other: $8,123
Official website here: www.directionscu.org
Where can I find the form 990 for Directions Credit Union Inc?
Directions Credit Union Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.directionscu.org
Learn more at the official website: www.directionscu.org
Mission Statement of Directions Credit Union Inc
Directions Credit Union Inc, a trusted financial partner, is dedicated to helping its members achieve their financial goals. With a mission to make a difference, the credit union offers various savings accounts, including share drafts, regular shares, IRAs, money market, and certificates.
In simpler terms, Directions Credit Union Inc serves as a reliable ally to its 95,624 members in their journey towards financial stability and growth. By providing a range of savings account options, the credit union empowers its members to save and grow their money, ultimately enabling them to reach their personal financial objectives.
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Impact
October, 2024
Directions Credit Union Inc plays a crucial role in the financial landscape of Toledo, Ohio, by serving as a trusted partner for its 95,624 members. Focused on helping individuals achieve their financial goals, the credit union offers a range of financial products, including share drafts, regular shares, IRAs, money market accounts, certificates, and other savings accounts. This not only fosters financial stability and growth among its members but also contributes to the overall economic well-being of the community. By providing accessible financial services and emphasizing personalized support, Directions Credit Union Inc enhances financial literacy and empowers members to take control of their financial futures, creating a positive ripple effect throughout Toledo.
This information is meant to be a general summary of Directions 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: $2,741,064
- Program Service Revenue: $60,169,198
- Gross Receipts: $62,910,262
Assets and Liabilities:
- Total Assets: $1,181,695,704
- Total Liabilities: $1,084,008,926
- Net Assets: $97,686,778
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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
$46,093,329
CARD INCOME
Revenue
$8,237,670
DEPOSIT-RELATED INCOME
Revenue
$3,853,411
LENDING-RELATED INCOME
Revenue
$1,124,579
MORTGAGE-RELATED INCOME
Revenue
$564,868
Organization Details
Founding Year
1953
Principal Officer
John Ustaszewski
Website
www.directionscu.orgNTEE Category
Code: W60 - Public benefit
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