Department Of Financial Institution Division Of Credit Unions In Ind

Northpark Community Credit Union

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

EIN: 350930295 ✦ Indianapolis, IN ✦ Designated as a 501(c)(14)

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Overview

What is Department Of Financial Institution Division Of Credit Unions In Ind?

The Department of Financial Institution's Division of Credit Unions in Indiana is a regulatory body that oversees credit unions, such as Northpark Community Credit Union. This particular credit union, based in Lebanon, IN, is a state-chartered entity, offering loan and deposit services to its members. As a part of the credit union system, it operates within the broader financial landscape, serving its community with various financial needs.


Official website here: www.northparkccu.org

Is Department Of Financial Institution Division Of Credit Unions In Ind legitimate?

Department Of Financial Institution Division Of Credit Unions In Ind is a legitimate nonprofit organization registered as a 501(c)(14) entity. Department Of Financial Institution Division Of Credit Unions In Ind 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: $132,277
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,102,794

For more financial information, click here


Official website here: www.northparkccu.org

What is the mission statement of Department Of Financial Institution Division Of Credit Unions In Ind?

The Department of Financial Institution's Division of Credit Unions in Ind, represented by Northpark Community Credit Union, operates as a State Chartered Credit Union. Its primary mission is to offer a variety of loan and deposit products to its members. As a credit union, it falls under the category of financial institutions that are committed to serving their communities. Northpark Community Credit Union's activities are focused on assisting its members in financial matters, contributing to the group's overall goal of providing financial services to its members in a community-oriented manner.


Official website here: www.northparkccu.org

Who is the CEO of Department Of Financial Institution Division Of Credit Unions In Ind?

Carma Parrish is the Ceo of Department Of Financial Institution Division Of Credit Unions In Ind. The CEO's salary of Department Of Financial Institution Division Of Credit Unions In Ind is $132,277 and their total compensation is $132,277.


Official website here: www.northparkccu.org

What is the revenue of Department Of Financial Institution Division Of Credit Unions In Ind?

Department Of Financial Institution Division Of Credit Unions In Ind's revenue in 2022 was $5,341,549.


Official website here: www.northparkccu.org

Who are the executives of Department Of Financial Institution Division Of Credit Unions In Ind and what are their salaries?

The average compensation at Department Of Financial Institution Division Of Credit Unions In Ind during 2022 was $44,110. There are 28 employees at Department Of Financial Institution Division Of Credit Unions In Ind.


Here are 8 key members and their salaries (Department Of Financial Institution Division Of Credit Unions In Ind's CEO's salary is $132,277 and their total compensation is $132,277):


Carma Parish (Ceo)
  • Compensation: $132,277
  • Related: $0
  • Other: $0
Lori Brenner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Nagy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Jones (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Essary (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bergeson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Erotas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.northparkccu.org

Where can I find the form 990 for Department Of Financial Institution Division Of Credit Unions In Ind?

Department Of Financial Institution Division Of Credit Unions In Ind's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.northparkccu.org

Learn more at the official website: www.northparkccu.org

Mission Statement of Department Of Financial Institution Division Of Credit Unions In Ind

The Department of Financial Institution's Division of Credit Unions in Indiana, referred to as Northpark Community Credit Union, serves as a state-chartered credit union. This financial institution, situated within the realm of credit unions, is dedicated to providing loan and deposit services to its members. By belonging to this group of financial institutions, Northpark Community Credit Union contributes to the financial well-being of its community, offering various financial assistance in a manner distinct to credit unions.

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Impact




October, 2024

The Department of Financial Institutions Division of Credit Unions in Indiana plays a crucial role in overseeing state-chartered credit unions, such as Northpark Community Credit Union. Its regulatory framework ensures that these financial institutions operate safely and soundly, which directly impacts the financial well-being of their members. By providing loans and deposit products to individuals, credit unions facilitate access to affordable financial services, promote savings, and support local economies.

This oversight fosters a competitive landscape in the financial sector, helping to maintain consumer trust and stability within the community. Additionally, the Division's commitment to public benefit initiatives enhances financial literacy and access to essential banking services, ultimately improving the quality of life for residents in Indiana. Through effective regulation and support, the Division significantly influences the growth and success of credit unions, thereby contributing to the overall economic health of the region.




This information is meant to be a general summary of Department Of Financial Institution Division Of Credit Unions In Ind. 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
$5,341,549 (2022)
Expenses
$5,029,827 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,083
  • Program Service Revenue: $3,498,937
  • Gross Receipts: $5,341,549

Assets and Liabilities:

  • Total Assets: $43,419,731
  • Total Liabilities: $37,795,002
  • Net Assets: $5,624,729

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Programs

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

Loan Income

Revenue

$2,545,367

Interchange and Other

Revenue

$668,988

Fee Income

Revenue

$284,582

Organization Details

Founding Year

1933

Principal Officer

Carma Parrish

Main Address

PO Box 781048, INDIANAPOLIS, IN, 462788048

NTEE Category

Code: W60 - Public benefit

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