Overview
What is Arbor Financial Credit Union?
Arbor Financial Credit Union is a Michigan-based financial institution with a mission to serve individuals living or working in the state. Operating out of Kalamazoo, they provide access to capital through various loans, including mortgages and automobile loans. With a team of 274 employees, they hold deposits and offer loan services to the local community.
Official website here: www.arborfcu.org
Is Arbor Financial Credit Union legitimate?
Arbor Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Arbor Financial 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: $2,183,367
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,871,915
For more financial information, click here
What is the mission statement of Arbor Financial Credit Union?
Arbor Financial Credit Union focuses on providing financial services to individuals residing or working in Michigan. Its primary operations involve holding deposits and extending loans to this community. Through these activities, the credit union aims to grant members access to capital via various loan offerings, including mortgages and automobile loans. By offering financial services, Arbor Financial Credit Union empowers individuals to improve their financial situations and build a stronger economic foundation.
Official website here: www.arborfcu.org
What is the revenue of Arbor Financial Credit Union?
Arbor Financial Credit Union's revenue in 2022 was $42,599,576.
Official website here: www.arborfcu.org
Who are the executives of Arbor Financial Credit Union and what are their salaries?
The average compensation at Arbor Financial Credit Union during 2022 was $47,647. There are 274 employees and 7 volunteers at Arbor Financial Credit Union.
Here are 20 key members and their salaries (Arbor Financial Credit Union's CEO's salary is $553,210 and their total compensation is $677,818):
- Julie A Blitchok (President/Ceo)
- Earle D Shelner Ii (Chief Financial Officer)
- James O Blankenship (Vp Information Systems)
- Arlene C Horton (Vp Of Talent Strategy And Organization)
- Tamara L Phelps (Vp Operations)
- Christine E Ferguson (Vp Of Marketing)
- Susan Weir (Vp Of Mortgage Lending)
- Judith Robbins (Vp Of Commercial & Private Banking(Until Oct.))
- Ryan A Maneke (Mortgage Loan Originator)
- Christopher Jacobs (Vp Of Consumer Lending)
- Jeffery Lee Potter (Director Of Mortgage Sales/Originator)
- John Hatridge (Mortgage Loan Originator)
- Mark Gilbert (Mortgage Loan Originator)
- Arthur Parker (Treasurer) [Trustee/Director]
- David Aubry (Chairman) [Trustee/Director]
- Joni Lapointe (Secretary) [Trustee/Director]
- Richard Cahow (Vice-Chairman) [Trustee/Director]
- Jeff Powless (Director)
- Josie Wyne (Director)
- Kimberly Rohr (Director)
Official website here: www.arborfcu.org
Where can I find the form 990 for Arbor Financial Credit Union?
The Arbor Financial Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.arborfcu.org
Learn more at the official website: www.arborfcu.org
Mission Statement of Arbor Financial Credit Union
Arbor Financial Credit Union, a Michigan-based financial institution, is dedicated to providing essential financial services to individuals who either work or reside within the state. Its primary operations involve managing deposits and extending loans to this specific population. By doing so, the credit union plays a pivotal role in allowing its members to access capital for various purposes, including but not limited to mortgages and automobile purchases.
Arbor Financial Credit Union's mission is twofold. On one hand, it focuses on holding deposits, which serves as the foundation for its ability to provide loans to its members. On the other hand, it actively engages in making loans to those who meet the eligibility requirements. By offering these financial products, the credit union empowers its members to improve their living situations, build their careers, and enhance their overall financial wellbeing. Throughout its operations, Arbor Financial Credit Union remains committed to fostering financial growth and stability for the individuals it serves.
Impact
This information is meant to be a general summary of Arbor Financial Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Arbor Financial Credit Union's impact lies in providing essential financial services to individuals in the State of Michigan. Through holding deposits and issuing loans, the credit union empowers its members with access to capital for various needs such as mortgages, automobile loans, and other consumer loans. By facilitating these financial transactions, Arbor Financial Credit Union plays a crucial role in supporting the financial well-being of its community in Kalamazoo, MI.
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.
INCOME ON MEMBER LOANS
Revenue
$26,012,620
FEES AND CHARGES
Revenue
$12,688,546
Organization Details
Founding Year
1935
Phone
(269) 375-6702
Main Address
1551 South 9th Street, Kalamazoo, MI, 490099327
Website
www.arborfcu.org
NTEE Category
Code: W60 - Public benefit
If you are a representative of Arbor Financial 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.