Overview
What is Crane Credit Union?
Crane Credit Union is a financial institution based in Odon, Indiana, with an address at 1 W Gate Drive, ZIP code 47562. Throughout the year, the credit union granted 15,876 loans amounting to over $385 million and welcomed 3,446 new members. With a current membership base of 66,388, Crane Credit Union aims to build lasting relationships by addressing financial needs, dreams, and possibilities. The credit union merged with Hulman Field Technicians Federal Credit Union on September 30, 2022, to enhance its ability to cater to the financial requirements of its members.
Official website here: www.cranecu.org
Is Crane Credit Union legitimate?
Crane Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Crane 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $987,174
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,485,726
For more financial information, click here
What is the mission statement of Crane Credit Union?
Crane Credit Union is dedicated to establishing long-term relationships with its members by addressing their financial needs, dreams, and possibilities. In the past year, the credit union granted a total of 15,876 loans worth over $385 million. Through these financial services, they welcomed 3,446 new members, growing their total membership base to 66,388. A recent merger with Hulman Field Technicians Federal Credit Union enables Crane Credit Union to serve its members more effectively. The merger allows for expanded resources to support their financial requirements and aspirations.
Official website here: www.cranecu.org
Who is the CEO of Crane Credit Union?
Kevin Sparks is the Ceo/President of Crane Credit Union. The CEO's salary of Crane Credit Union is $254,820 and their total compensation is $282,126.
Official website here: www.cranecu.org
What is the revenue of Crane Credit Union?
Who are the executives of Crane Credit Union and what are their salaries?
The average compensation at Crane Credit Union during 2022 was $41,187. There are 230 employees and 10 volunteers at Crane Credit Union.
Here are 15 key members and their salaries (Crane Credit Union's CEO's salary is $254,820 and their total compensation is $282,126):
- Kevin Sparks (Ceo/President)
- Bryan Myers (Chief Operating Officer)
- Gary Michael Wiggington (Vice President It)
- Tim Lukomski Left 072022 (Chief Financial Officer)
- Stacy N Lengacher (Employee)
- Kenneth R Greenwell (Board Member)
- Dale L Padgett Jr (Vice Chairman) [Trustee/Director]
- Bruce W Cummings (Treasurer) [Trustee/Director]
- Gary E Gray Jr (Chairman) [Trustee/Director]
- Jeffrey L Schafer (Director)
- David H Fyre (Secretary) [Trustee/Director]
- Patricia Herndon (Director)
- Douglas R Ranard (Supervisory) [Trustee/Director]
- Quentin D Hays (Supervisory) [Trustee/Director]
- Susan E Jones (Supervisory Committee Member) [Trustee/Director]
Official website here: www.cranecu.org
Where can I find the form 990 for Crane Credit Union?
The Crane Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.cranecu.org
Learn more at the official website: www.cranecu.org
Mission Statement of Crane Credit Union
Crane Credit Union, a financial institution dedicated to building lasting relationships, strives to support the financial needs, dreams, and possibilities of its members. By granting a substantial number of loans totaling over $385 million during the year, Crane Credit Union has enabled its members to access the funds necessary for various financial pursuits. In addition, the credit union welcomed 3,446 new members into its community, expanding its reach and scope.
Serving a diverse membership base of 66,388 individuals, Crane Credit Union takes pride in its ability to cater to their financial requirements. Through the merger with Hulman Field Technicians Federal Credit Union, effective September 30, 2022, Crane Credit Union strengthened its capacity to serve its members more effectively, creating a more robust and comprehensive financial services platform. By prioritizing the financial well-being of its members, Crane Credit Union fosters trust and loyalty, establishing lifelong relationships that go beyond mere transactions.
Impact
This information is meant to be a general summary of Crane Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Crane Credit Union's impact can be seen in the tangible support it provides to its members by granting a substantial number of loans totaling millions of dollars. Additionally, the credit union has expanded its reach by opening thousands of new memberships, thereby increasing its ability to serve more individuals. Through a recent merger, Crane Credit Union has further enhanced its capacity to cater to the financial needs of its members. Overall, with a mission focused on building life-long relationships and supporting financial dreams and possibilities, Crane Credit Union plays a vital role in empowering its community members to achieve their financial goals.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$27,920,819
INTERCHANGE ON INCOME
Revenue
$5,519,548
SERVICE CHARGES AND FEES
Revenue
$1,870,566
LOAN FEES AND CHARGES
Revenue
$517,763
OTHER NON-INTEREST INCOME
Revenue
$1,000,354
Organization Details
Founding Year
1955
Phone
(812) 863-7115
Principal Officer
Kevin Sparks
Main Address
1 W Gate Drive, Odon, IN, 47562
Website
www.cranecu.org
NTEE Category
Code: W60 - Public benefit
If you are a representative of Crane Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.