Overview
What is Michigan Credit Union League?
Michigan Credit Union League is a nonprofit organization situated in Plymouth, Michigan. Its primary mission is to support and advocate for affiliated credit unions, aiming to help them prosper and improve the lives of their members. By providing advocacy on crucial issues, coordinating cooperative initiatives, and offering high-quality solutions, the league strengthens the credit union community and its image. The organization, with a team of 27 employees, plays a significant role in advocating on behalf of credit unions and contributing to their success.
Official website here: www.mcul.org
Is Michigan Credit Union League legitimate?
Michigan Credit Union League is a legitimate nonprofit organization registered as a 501(c)(6) entity. Michigan Credit Union League 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: $714,751
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,151,708
For more financial information, click here
Official website here: www.mcul.org
What is the mission statement of Michigan Credit Union League?
The Michigan Credit Union League aims to strengthen the credit union community and enhance its reputation by advocating for significant issues, facilitating cooperative initiatives, and delivering high-quality solutions. These efforts are designed to help affiliated credit unions thrive and enrich the lives of their members. The organization provides advocacy and support, aiming to bolster the success of the credit union sector.
Official website here: www.mcul.org
Who is the CEO of Michigan Credit Union League?
Wendy Vadnais is the Chair of Michigan Credit Union League. The CEO's salary of Michigan Credit Union League is $417,155 and their total compensation is $451,880.
Official website here: www.mcul.org
What is the revenue of Michigan Credit Union League?
Michigan Credit Union League's revenue in 2022 was $5,384,543.
Official website here: www.mcul.org
Who are the executives of Michigan Credit Union League and what are their salaries?
The average compensation at Michigan Credit Union League during 2022 was $69,128. There are 27 employees and 17 volunteers at Michigan Credit Union League.
Here are 20 key members and their salaries (Michigan Credit Union League's CEO's salary is $417,155 and their total compensation is $451,880):
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- Compensation: $417,155
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- Other: $11,786
- Compensation: $196,302
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- Other: $11,988
Official website here: www.mcul.org
Where can I find the form 990 for Michigan Credit Union League?
Michigan Credit Union League's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcul.org
Learn more at the official website: www.mcul.org
Mission Statement of Michigan Credit Union League
Michigan Credit Union League, a notable organization, is dedicated to strengthening the credit union community and enhancing its reputation. They achieve this mission by providing advocacy on significant issues, coordinating cooperative initiatives, and offering high-quality solutions that aid in the success and enrichment of credit unions and their members. By doing so, the league plays a crucial role in helping these financial institutions thrive, ultimately benefiting their members. The league's activities are centered around offering support and advocacy to affiliated credit unions, thereby contributing to their collective growth and prosperity.
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Impact
October, 2024
The Michigan Credit Union League plays a vital role in enhancing the success of credit unions and enriching the lives of their members. By providing advocacy on critical issues, the League ensures that the interests of credit unions are represented effectively. This advocacy strengthens the perception of credit unions within the community and promotes their unique benefits.
In addition to advocacy, the League coordinates cooperative initiatives that enhance collaboration among affiliated credit unions. These initiatives help foster a sense of community, enabling credit unions to share resources, knowledge, and best practices. Furthermore, the League offers high-quality solutions tailored to the needs of credit unions, empowering them to operate more effectively and serve their members better.
Overall, the League's efforts contribute significantly to the growth and stability of the credit union sector in Michigan, ultimately leading to a more supportive financial environment for individuals and businesses alike.
This information is meant to be a general summary of Michigan Credit Union League. 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: $1,843,570
- Program Service Revenue: $2,799,390
- Gross Receipts: $11,072,044
Assets and Liabilities:
- Total Assets: $87,201,262
- Total Liabilities: $2,179,035
- Net Assets: $85,022,227
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SVC FEES
Revenue
$1,220,526
EDUCATION
Revenue
$1,016,277
MEMBERSHIP DUES
Revenue
$562,587
Organization Details
Founding Year
1941
Phone
(734) 793-3420Principal Officer
Wendy Vadnais
Main Address
PO BOX 8054, PLYMOUTH, MI, 481708054
Website
www.mcul.orgNTEE Category
Code: W60 - Public benefit
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