Overview
What is Diversified Members Credit Union?
Diversified Members Credit Union is a Michigan-based financial institution located in Detroit, with the address 1480 East Jefferson Avenue. Their mission is to offer welcoming, personal financial services to all members in a professional setting. The credit union employs a team of 115 individuals dedicated to this cause. They prioritize providing a friendly and approachable atmosphere to help members manage their finances.
Official website here: www.dmcu.com
What are the reviews and ratings of this charity?
Diversified Members Credit Union is currently not rated by Charity Navigator. This lack of rating stems from the organization's non-classification as a 501(c)(3) nonprofit, which disqualifies it from being evaluated on key metrics like Accountability & Finance and Impact & Measurement. Consequently, its absence of a rating does not indicate the performance quality, merely its ineligibility under current assessment criteria.
The organization operates under the foundation status that excludes 501(c)(3) institutions, classifying it as a subordinate in a group ruling. Despite having some IRS published data, there is no available information regarding total revenue, expenses, and salaries of key persons. This makes a full evaluation of its financial or operational health challenging without additional transparency or measures.
As there are no user reviews available on GreatNonprofits, community perception data is unavailable, leaving potential supporters with little insight into stakeholders' experiences. Overall, the lack of a formal Charity Navigator rating and absence of user reviews make it challenging to fully assess or understand the organization's specific strengths or areas needing improvement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Diversified Members Credit Union?
90% of 64 reviewers on Facebook recommend Diversified Members Credit Union. Here is a summary of their reviews:
Many users appreciate the personalized service they receive, particularly highlighting staff members like Jessica Arnold for their professionalism and genuine approach. Customers have described their experiences as pleasant, noting that the team is welcoming and attentive to their needs, especially when applying for loans.
Overall, the sentiment reflects satisfaction with the care and assistance provided by the credit union. The positive interactions with staff members seem to be a significant factor in users' willingness to recommend the organization to others.
This AI summary has been generated from reviews found on Facebook.
Is Diversified Members Credit Union legitimate?
Diversified Members Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Diversified Members 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: $759,504
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,679,713
For more financial information, click here
Official website here: www.dmcu.com
What is the mission statement of Diversified Members Credit Union?
Diversified Members Credit Union is committed to offering friendly and personal financial services to all its members in a professional setting. Their mission is geared towards ensuring that each member receives the best possible financial assistance. The credit union prioritizes creating a warm and inviting atmosphere, making it an ideal place for individuals to manage their finances with ease. The team at Diversified Members Credit Union is dedicated to delivering quality financial services that cater to the unique needs of each member. They strive to maintain a high level of professionalism while providing personalized attention to every transaction. By providing these services in a friendly and approachable manner, the credit union builds strong relationships with its members and fosters a sense of community.
Official website here: www.dmcu.com
Who is the CEO of Diversified Members Credit Union?
Kathie Trembath is the Ceo of Diversified Members Credit Union. The CEO's salary of Diversified Members Credit Union is $351,807 and their total compensation is $351,807.
Official website here: www.dmcu.com
What is the revenue of Diversified Members Credit Union?
Diversified Members Credit Union's revenue in 2022 was $22,003,363.
Official website here: www.dmcu.com
Who are the executives of Diversified Members Credit Union and what are their salaries?
The average compensation at Diversified Members Credit Union during 2022 was $55,993. There are 115 employees at Diversified Members Credit Union.
Here are 12 key members and their salaries (Diversified Members Credit Union's CEO's salary is $351,807 and their total compensation is $351,807):
- Compensation: $351,807
- Related: $0
- Other: $0
- Compensation: $222,990
- Related: $0
- Other: $0
- Compensation: $184,707
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dmcu.com
Where can I find the form 990 for Diversified Members Credit Union?
Diversified Members Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dmcu.com
Learn more at the official website: www.dmcu.com
Mission Statement of Diversified Members Credit Union
Diversified Members Credit Union, a financial institution dedicated to its members, strives to provide friendly, personalized financial services in a professional atmosphere. The organization's mission is to cater to each member's unique financial needs with a personal touch, maintaining a high level of professionalism throughout every interaction. By focusing on both the personal and the professional aspects of financial services, Diversified Members Credit Union aims to create a positive and engaging experience for all its members.
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Impact
October, 2024
Diversified Members Credit Union makes a significant impact by offering friendly and personal financial services within a professional setting in Detroit, MI. The credit union focuses on creating a welcoming environment for all its members, ensuring they receive tailored financial assistance that meets their individual needs. This commitment not only enhances the financial well-being of its members but also fosters a sense of community solidarity, empowering individuals to achieve their financial goals and participate actively in their local economy. By prioritizing both service quality and member satisfaction, Diversified Members Credit Union contributes to the overall financial health and stability of the Detroit area.
This information is meant to be a general summary of Diversified Members 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,458,285
- Program Service Revenue: $12,868,862
- Gross Receipts: $22,003,363
Assets and Liabilities:
- Total Assets: $485,865,565
- Total Liabilities: $414,205,521
- Net Assets: $71,660,044
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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
$12,868,862
Organization Details
Founding Year
1929
Phone
(313) 568-5000Principal Officer
Kathie Trembath
Main Address
1480 EAST JEFFERSON AVENUE, DETROIT, MI, 48207
Website
www.dmcu.comNTEE Category
Code: W60 - Public benefit
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