Overview
What is Adventure Credit Union?
Adventure Credit Union is a Michigan-based financial institution serving over 32,000 members. Founded primarily to provide various financial services to specific employee groups and individuals in select counties, its membership includes communications industry workers, healthcare professionals, the disabled, and their families or colleagues. Established with a mission to treat members with dignity and respect, act as good stewards of their assets, value employees and volunteers, maintain integrity, and build community relationships, Adventure Credit Union offers loans, deposits, and other financial products to its diverse membership. With a team of 141 dedicated employees, they continue to meet the financial needs of their community.
Official website here: www.adventurecu.org
Is Adventure Credit Union legitimate?
Adventure Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Adventure 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: $694,429
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,162,888
For more financial information, click here
Official website here: www.adventurecu.org
What is the mission statement of Adventure Credit Union?
Adventure Credit Union is dedicated to offering a range of financial services to its members. The institution prioritizes treating members with dignity and respect while acting as responsible stewards of their assets. Valuing employees and volunteers, the credit union maintains integrity in all its dealings and is a leader in community outreach and building relationships. With a membership of over 32,000 individuals, Adventure Credit Union meets the financial needs of its members through various products, including loans and deposits.
Official website here: www.adventurecu.org
Who is the CEO of Adventure Credit Union?
Amanda Garabedian is the CEO of Adventure Credit Union The CEO's salary of Adventure Credit Union is $278,491 and their total compensation is $303,158.
Official website here: www.adventurecu.org
What is the revenue of Adventure Credit Union?
Adventure Credit Union's revenue in 2023 was $25,011,714.
Official website here: www.adventurecu.org
Who are the executives of Adventure Credit Union and what are their salaries?
The average compensation at Adventure Credit Union during 2023 was $48,981. There are 140 employees and 9 volunteers at Adventure Credit Union.
Here are 17 key members and their salaries (Adventure Credit Union's CEO's salary is $278,491 and their total compensation is $303,158):
- 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
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $278,491
- Related: $0
- Other: $24,667
- Compensation: $194,207
- Related: $0
- Other: $15,664
- Compensation: $158,695
- Related: $0
- Other: $22,705
- Compensation: $123,325
- Related: $0
- Other: $21,370
- Compensation: $127,291
- Related: $0
- Other: $17,285
- Compensation: $123,758
- Related: $0
- Other: $9,649
- Compensation: $113,181
- Related: $0
- Other: $7,317
- Compensation: $109,137
- Related: $0
- Other: $10,735
- Compensation: $173,786
- Related: $0
- Other: $10,488
Official website here: www.adventurecu.org
Where can I find the form 990 for Adventure Credit Union?
Adventure Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.adventurecu.org
Learn more at the official website: www.adventurecu.org
Mission Statement of Adventure Credit Union
Adventure Credit Union, with its primary focus on providing a wide range of financial services to its members, is driven by a mission to treat each member with dignity and respect. The organization acts as a responsible steward of its members' assets, valuing its employees and volunteers highly. Maintaining integrity in all its dealings is a top priority, as it seeks to lead in community outreach and building strong relationships.
Serving over 32,000 members, Adventure Credit Union offers loans, deposits, and various other financial products. Its membership base consists of individuals employed in or retired from communications-related organizations, the healthcare industry, disabled or those who work with the disabled, and other select employee groups or those residing in specified Michigan counties. The credit union's dedication to its mission goes beyond financial services, as it strives to create a positive impact on the lives of its members. By offering financial solutions tailored to their unique needs, Adventure Credit Union stands as a trusted partner in their financial journeys.
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Impact
October, 2024
Adventure Credit Union plays a significant role in supporting its members and the broader community by providing a variety of essential financial services. Serving over 32,900 members, the credit union offers loans, deposits, and various financial products tailored to meet the needs of individuals, particularly those employed in or retired from communications-related organizations, the health care industry, and other select employee groups.
Located in Grand Rapids, Michigan, Adventure Credit Union is dedicated to treating its members with dignity and respect, ensuring high levels of integrity in their operations. The organization acts as a good steward of its members' assets while valuing the contributions of its employees and volunteers. Its commitment to community outreach further enhances its impact, fostering strong relationships within its service area, which includes several counties in Michigan. This community-oriented approach not only supports its members financially but also contributes to the overall well-being and development of the regions it serves.
This information is meant to be a general summary of Adventure 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 2023.
- Investment Income: $2,464,496
- Program Service Revenue: $22,517,218
- Gross Receipts: $25,011,714
Assets and Liabilities:
- Total Assets: $437,120,346
- Total Liabilities: $382,921,688
- Net Assets: $54,198,658
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$16,689,313
FEES AND CHARGES
Revenue
$5,766,936
SALE OF MORTGAGES
Revenue
$36,437
MORTGAGE SERVICING FEE
Revenue
$24,532
Organization Details
Founding Year
1936
Principal Officer
Jerome Maue
Website
www.adventurecu.orgNTEE Category
Code: W60 - Public benefit
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