Financial Plus Credit Union

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

EIN: 381439120 ✦ Flint, MI ✦ Designated as a 501(c)(14)

Overview

What is Financial Plus Credit Union?

Financial Plus Credit Union is a Michigan-based credit union with over 81,000 members. Their mission is to provide affordable financial products and services, enabling members to achieve financial goals and improve their overall financial well-being. The organization offers various solutions, such as vehicle and home loans, savings programs for life events, and convenient online and mobile banking services. With a team of 352 employees, Financial Plus Credit Union is dedicated to enhancing the financial stability of its members and contributing to the betterment of the communities it serves.


Official website here: www.myfpcu.com

Is Financial Plus Credit Union legitimate?

Financial Plus Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Financial Plus 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: $1,800,233
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,912,664

For more financial information, click here


Official website here: www.myfpcu.com

What is the mission statement of Financial Plus Credit Union?

Financial Plus Credit Union is dedicated to improving the financial well-being of its members. With a commitment to service, the credit union provides affordable financial products to help its 81,000+ members meet their financial goals, be it purchasing a vehicle or new home, saving for life events, or managing bills efficiently. The credit union goes beyond just financial services, enriching the communities it serves.


Official website here: www.myfpcu.com

Who is the CEO of Financial Plus Credit Union?

Wade Decker is the Vice Chairman of Financial Plus Credit Union. The CEO's salary of Financial Plus Credit Union is $559,036 and their total compensation is $634,290.


Official website here: www.myfpcu.com

What is the revenue of Financial Plus Credit Union?

Financial Plus Credit Union's revenue in 2022 was $49,966,116.


Official website here: www.myfpcu.com

Who are the executives of Financial Plus Credit Union and what are their salaries?

The average compensation at Financial Plus Credit Union during 2022 was $38,957. There are 352 employees and 18 volunteers at Financial Plus Credit Union.

Here are 22 key members and their salaries (Financial Plus Credit Union's CEO's salary is $559,036 and their total compensation is $634,290):

    Bradley Bergmooser (President & Ceo)
  • Compensation: $559,036
  • Related: $0
  • Other: $75,254

    • Bernard Williams (Integration Advisor)
  • Compensation: $422,128
  • Related: $0
  • Other: $34,375

    • Wade Decker (Cfo)
  • Compensation: $294,525
  • Related: $0
  • Other: $49,051

    • Rachelle Kippe (Svp Of Lending)
  • Compensation: $215,331
  • Related: $0
  • Other: $39,941

    • Deanna Wallace (Svp Of Hr & Member Experie)
  • Compensation: $214,530
  • Related: $0
  • Other: $35,632

    • Nathan Adams (Director Of Comm. Lending)
  • Compensation: $192,491
  • Related: $0
  • Other: $37,332

    • Tammy O'Leary (Integration Advisor)
  • Compensation: $212,137
  • Related: $0
  • Other: $9,230

    • Lisa Shoemaker (Vp Of Mortgage Lending)
  • Compensation: $161,393
  • Related: $0
  • Other: $22,619

    • Steven Martin (Director Of Internal Audit)
  • Compensation: $146,352
  • Related: $0
  • Other: $27,746

    • Susan Bennett (Vp Of It & Operations)
  • Compensation: $146,009
  • Related: $0
  • Other: $24,615

    • Michelle Thompson (Vp Of Operations)
  • Compensation: $116,707
  • Related: $0
  • Other: $29,602

    • Michael Balls (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barney Hennessy (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Tynes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Jones (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kirk Rheaume (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diana Webb (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Jansson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald Little (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gus Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.myfpcu.com

    Where can I find the form 990 for Financial Plus Credit Union?

    The Financial Plus Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.myfpcu.com

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

    Mission Statement of Financial Plus Credit Union

    Financial Plus Credit Union, a committed financial institution, is dedicated to enhancing the financial well-being of its members. With a passion for service, this credit union goes above and beyond to enrich the communities it serves.

    Through its offerings, Financial Plus Credit Union provides members with safe and affordable financial products, allowing them to effectively reach their financial goals. Be it purchasing a new home or vehicle, saving for significant life events like college or weddings, or simply managing bills efficiently, the credit union's solutions cater to various financial needs.

    Members of Financial Plus Credit Union can benefit from an extensive range of financial tools, enabling them to save, borrow, and manage their finances in a convenient and efficient manner. Online and mobile banking options provide added flexibility, ensuring members can access their accounts and manage their finances from anywhere at any time.

    In summary, Financial Plus Credit Union is a dedicated financial institution with a strong commitment to its members and the communities it serves. By offering safe and affordable financial products and convenient banking solutions, it empowers its members to effectively manage their finances and reach their financial goals.

    Impact

    This information is meant to be a general summary of Financial Plus Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Financial Plus Credit Union has a significant impact on the financial well-being of its members and communities. With a commitment to providing safe and affordable financial products, they have enabled over 81,000 members to achieve their financial goals, whether it's purchasing a vehicle or a new home, saving for life events like college and weddings, or simply managing their bills efficiently online or through their phones. Their passion for service and dedication to enriching the communities they serve in Flint, MI, is evident in their mission to enhance the financial well-being of their members.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,711,442
  • Program Service Revenue: $45,254,674
  • Gross Receipts: $177,406,353

    • Assets and Liabilities:
  • Total Assets: $1,232,513,294
  • Total Liabilities: $1,101,199,184
  • Net Assets: $131,314,110
  • Programs

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

    LOAN INTEREST

    Revenue

    $29,742,098

    FEES & OPERATING INCOME

    Revenue

    $15,512,576

    Organization Details

    Founding Year

    1952

    Principal Officer

    Wade Decker

    Main Address

    PO BOX 7006, FLINT, MI, 48507

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Financial Plus 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.