Copoco Community Credit Union

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

EIN: 381435020 ✦ Bay city, MI ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Copoco Community Credit Union?

Copoco Community Credit Union is a financial institution situated in Bay City, Michigan, serving its members through various deposit account options such as savings, checking, certificates, and more. With a membership count of 10,156 as of December 31, 2021, the credit union's primary mission is to provide financial services to its member-owners, who share a common bond. The credit union is committed to delivering excellence in service, assisting each member in achieving their financial objectives and dreams. As of the provided information, the credit union employs a team of 50 individuals to carry out its operations.


Official website here: www.copoco.org

Is Copoco Community Credit Union legitimate?

Copoco Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Copoco Community 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: $259,593
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,178,406

For more financial information, click here


Official website here: www.copoco.org

What is the mission statement of Copoco Community Credit Union?

Copoco Community Credit Union's mission is centered around serving its member-owners. The primary objective is to deliver outstanding service, helping each member achieve their financial aspirations and dreams. The credit union offers various deposit account options, such as savings, checking, certificates, and others, to cater to its members' financial needs. As of December 31, 2021, the credit union had a membership of 10,156 individuals.


Official website here: www.copoco.org

Who is the CEO of Copoco Community Credit Union?

Linda Doan is the Ceo/Treasurer of Copoco Community Credit Union. The CEO's salary of Copoco Community Credit Union is $129,203 and their total compensation is $130,085.


Official website here: www.copoco.org

What is the revenue of Copoco Community Credit Union?

Copoco Community Credit Union's revenue in 2021 was $4,676,289.


Official website here: www.copoco.org

Who are the executives of Copoco Community Credit Union and what are their salaries?

The average compensation at Copoco Community Credit Union during 2021 was $28,760. There are 50 employees and 9 volunteers at Copoco Community Credit Union.


Here are 9 key members and their salaries (Copoco Community Credit Union's CEO's salary is $129,203 and their total compensation is $130,085):


Linda Doan (Ceo/Treasurer)
  • Compensation: $129,203
  • Related: $0
  • Other: $882
Doreen Smith (Executive Vp)
  • Compensation: $97,451
  • Related: $0
  • Other: $17,419
Cheryl Dietzel (Executive Vice President)
  • Compensation: $14,638
  • Related: $0
  • Other: $0
Harold Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Clements (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Keyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Tippman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Shurkey (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.copoco.org

Where can I find the form 990 for Copoco Community Credit Union?

Copoco Community Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.copoco.org

Learn more at the official website: www.copoco.org

Mission Statement of Copoco Community Credit Union

Copoco Community Credit Union, with its mission, is dedicated to providing exceptional service to its member-owners. This mission is focused on helping each member achieve their financial goals and dreams. By offering a variety of deposit account types, such as savings, checking, and certificates, Copoco Community Credit Union aims to cater to the financial needs of its members effectively. As of December 31, 2021, the Credit Union boasted a membership of 10,156 individuals, demonstrating its commitment to serving its community.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Copoco Community Credit Union significantly impacts its members and the broader community by offering accessible financial services tailored to meet diverse needs. With a membership base of over 10,000 individuals, the credit union provides a variety of deposit account options, including savings, checking, and certificates. This range of services supports members in achieving their financial goals and dreams.

Located in Bay City, Michigan, Copoco Community Credit Union fosters a sense of community and connection among its members, who share a common bond. The credit union's commitment to excellence in service ensures that each member receives personalized attention and guidance, empowering them with the financial tools necessary for managing their funds effectively.

By focusing on member satisfaction and financial education, Copoco Community Credit Union not only enhances individual financial well-being but also contributes to the economic health of the Bay City area. Through its services, the credit union promotes financial stability and supports community growth, making a meaningful difference in the lives of its members and the surrounding region.




This information is meant to be a general summary of Copoco Community 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.

Revenue
$4,676,289 (2021)
Expenses
$4,507,981 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $850,987
  • Program Service Revenue: $3,781,914
  • Gross Receipts: $5,468,925

Assets and Liabilities:

  • Total Assets: $120,251,871
  • Total Liabilities: $112,313,725
  • Net Assets: $7,938,146

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

Fee Income

Revenue

$1,327,339

Loan Interest Income

Revenue

$2,450,647

Non-Member ATM Fees

Revenue

$3,928

Organization Details

Founding Year

1951

Principal Officer

Linda Doan

Main Address

PO Box 1520, Bay City, MI, 48706

NTEE Category

Code: W60 - Public benefit

If you are a representative of Copoco Community 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.