Credit Unions Chartered In The State Of Michigan

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 381350130 ✦ Dearborn, MI ✦ Designated as a 501(c)(14)

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Overview

What is Credit Unions Chartered In The State Of Michigan?

Credit Unions Chartered in the State of Michigan is a Michigan-based nonprofit organization dedicated to providing highly personalized financial services. With a workforce of 649 employees, they offer a full range of easy-to-understand financial products and expertise. This Michigan-chartered credit union is headquartered at 400 Town Center Drive, Dearborn, MI, 48126. Their mission is to deliver financial expertise and personalized services to their members.


Official website here: www.dfcufinancial.com

Is Credit Unions Chartered In The State Of Michigan legitimate?

Credit Unions Chartered In The State Of Michigan is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Michigan 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: $8,253,062
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,003,915

For more financial information, click here


Official website here: www.dfcufinancial.com

What is the mission statement of Credit Unions Chartered In The State Of Michigan?

Credit Unions Chartered In Michigan prioritize highly personalized service, ensuring members receive financial guidance with ease. Their expertise covers a broad spectrum of financial products and services, catering to individuals' unique needs. Their mission lies in delivering clear, straightforward solutions, making financial matters more accessible and understandable for all. By offering a comprehensive range of offerings, they aim to empower members to manage their finances effectively. These cooperative financial institutions foster close relationships with their clients, setting them apart from larger institutions.


Official website here: www.dfcufinancial.com

Who is the CEO of Credit Unions Chartered In The State Of Michigan?

Ryan Goldberg is the CEO of Credit Unions Chartered In The State Of Michigan The CEO's salary of Credit Unions Chartered In The State Of Michigan is $1,262,524 and their total compensation is $1,262,524.


Official website here: www.dfcufinancial.com

What is the revenue of Credit Unions Chartered In The State Of Michigan?

Credit Unions Chartered In The State Of Michigan's revenue in 2023 was $237,737,792.


Official website here: www.dfcufinancial.com

Who are the executives of Credit Unions Chartered In The State Of Michigan and what are their salaries?

The average compensation at Credit Unions Chartered In The State Of Michigan during 2023 was $68,525. There are 748 employees at Credit Unions Chartered In The State Of Michigan.

Here are 20 key members and their salaries (Credit Unions Chartered In The State Of Michigan's CEO's salary is $1,262,524 and their total compensation is $1,262,524):


Brad Sova (Financial Consultant)
  • Compensation: $1,410,533
  • Related: $0
  • Other: $0
Ryan Goldberg (Ceo)
  • Compensation: $1,262,524
  • Related: $0
  • Other: $0
Jack Barrett (Florida Market & Chief Cl Officer)
  • Compensation: $1,145,384
  • Related: $0
  • Other: $0
David Mastrorio (Evp & Clo)
  • Compensation: $700,617
  • Related: $0
  • Other: $0
John Friday (Financial Consultant)
  • Compensation: $612,314
  • Related: $0
  • Other: $0
Scott Vermillion (Financial Consultant)
  • Compensation: $569,591
  • Related: $0
  • Other: $0
John Chapel-Pearch (Cfo)
  • Compensation: $528,660
  • Related: $0
  • Other: $0
Vince Pittiglio (Cio)
  • Compensation: $523,922
  • Related: $0
  • Other: $0
Keri Boyd (Chief Retail Service Officer)
  • Compensation: $523,203
  • Related: $0
  • Other: $0
Doug Cooper (Clo)
  • Compensation: $489,052
  • Related: $0
  • Other: $0
Brian Mell (Financial Consultant)
  • Compensation: $487,261
  • Related: $0
  • Other: $0
Matt Elsey (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Moss (Board Member Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Tomford (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Ghannam (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Dimond (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annetta May (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sinelli (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Bazner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Cowper (Board Member Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dfcufinancial.com

Where can I find the form 990 for Credit Unions Chartered In The State Of Michigan?

Credit Unions Chartered In The State Of Michigan's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.dfcufinancial.com

Learn more at the official website: www.dfcufinancial.com

Mission Statement of Credit Unions Chartered In The State Of Michigan

Credit Unions Chartered In Michigan is a dedicated financial institution committed to delivering highly personalized services with an emphasis on financial expertise. Their mission lies in providing a comprehensive range of financial products and services, ensuring that all transactions are straightforward and easily comprehensible to their members.

In practice, this translates to Credit Unions Chartered In Michigan offering a full suite of financial services tailored to the unique needs of each individual. This level of customization is a hallmark of the organization, enabling them to cater to a diverse membership base effectively. Their team of financial experts is always on hand, ready to guide members through their financial journeys and help them make informed decisions.

Moreover, Credit Unions Chartered In Michigan's commitment to accessibility and transparency extends beyond their financial offerings. They pride themselves on creating a welcoming environment where complex financial concepts are broken down into easy-to-understand terms, ensuring that everyone feels included and empowered. Furthermore, their dedication to providing a complete range of financial services ensures that members have access to the tools they need to manage their money effectively. Whether it's savings accounts, loans, credit cards, or investment opportunities, Credit Unions Chartered In Michigan has got their members covered.

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Impact




October, 2024

Credit Unions Chartered In The State Of Michigan significantly enhances the financial landscape by providing highly personalized services and easy-to-understand financial products. Their commitment to customer-centric financial expertise fosters stronger relationships with members, ensuring that individuals receive tailored guidance for their unique financial situations.

By offering a full range of financial services and products, these credit unions empower members to make informed decisions, which can lead to improved financial well-being. The localized focus often results in a deeper understanding of the community's needs, allowing them to adapt their offerings to better serve their members. This approach not only builds trust but also encourages financial literacy, helping members to navigate their financial journeys with confidence.

Furthermore, by operating within the state of Michigan, these credit unions contribute to the local economy, supporting community initiatives and promoting economic stability through their accessible and comprehensive financial services. Overall, their impact is felt not just in the individual lives they touch, but also in the community-wide prosperity they help to cultivate.




This information is meant to be a general summary of Credit Unions Chartered In The State Of Michigan. 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.

Revenue
$237,737,792 (2023)
Expenses
$188,819,360 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $88,087,067
  • Program Service Revenue: $149,023,446
  • Gross Receipts: $237,737,792

Assets and Liabilities:

  • Total Assets: $6,001,741,823
  • Total Liabilities: $5,768,612,314
  • Net Assets: $233,129,509

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Interest Income & Income From Members

Revenue

$149,023,446

Organization Details

Founding Year

1936

Principal Officer

Ryan Goldberg

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