Overview
What is Elga Credit Union?
Elga Credit Union is a financial institution based in Grand Blanc, Michigan, with a US address at 6065 Grand Pointe Blvd. The credit union offers various loan options to its members, such as real estate, credit card, vehicle, and other types. As of December 31, 2022, there were 78,515 loans outstanding. The organization provides a range of financial services and products for its members, as described in the mission statement and activity or mission description. With 305 employees on board, Elga Credit Union caters to the financial needs of its community.
Official website here: www.elgacu.com
Is Elga Credit Union legitimate?
Elga Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Elga 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: $1,634,124
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,537,388
For more financial information, click here
What is the mission statement of Elga Credit Union?
Elga Credit Union is dedicated to offering financial services and products to its membership base. Through this commitment, the credit union provides various loan options which include real estate, credit card, vehicle, and other types of loans. The outstanding number of loans reached a total of 78,515 by the end of 2022. The credit union's mission focuses on catering to the financial needs of its members, ensuring they have access to essential financial tools and resources.
Official website here: www.elgacu.com
Who is the CEO of Elga Credit Union?
Terry Katzur is the Ceo of Elga Credit Union. The CEO's salary of Elga Credit Union is $245,966 and their total compensation is $261,933.
Official website here: www.elgacu.com
What is the revenue of Elga Credit Union?
Who are the executives of Elga Credit Union and what are their salaries?
The average compensation at Elga Credit Union during 2022 was $56,300. There are 305 employees and 12 volunteers at Elga Credit Union.
Here are 16 key members and their salaries (Elga Credit Union's CEO's salary is $245,966 and their total compensation is $261,933):
- Terry Katzur (Ceo)
- David Brandt (Cfo)
- Karen Church (Ceo-Retired 2/22)
- Kathleen Smith (Vp Branch Operations)
- Mallory Hazard (Vp Of Consumer Lending)
- Bryan Randall (Cio)
- Robert Clontz Iii (Branch Manager)
- Chadd Obrien (General Counsel)
- Amy Zimmer (Director Of Mortgage Ops)
- Matthew Smith (Treasurer) [Trustee/Director]
- Joseph Boris (Vice Chairperson) [Trustee/Director]
- Harold Mott (Chairperson) [Trustee/Director]
- David Hutchins (Board Member) [Trustee/Director]
- Diana Currier (Board Secretary) [Trustee/Director]
- Sheveze Anderson (Board Member) [Trustee/Director]
- Roderick Slaughter (Board Member) [Trustee/Director]
Official website here: www.elgacu.com
Where can I find the form 990 for Elga Credit Union?
The Elga Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.elgacu.com
Learn more at the official website: www.elgacu.com
Mission Statement of Elga Credit Union
Elga Credit Union, a financial institution dedicated to its members, strives to provide a wide range of services and products to cater to their financial needs. The mission of this credit union is clear: to offer financial assistance through various loans. These loans encompass real estate, credit cards, vehicles, and other essential financial solutions.
At the end of December 2022, the credit union had an impressive total of 78,515 loans outstanding. This figure underscores the extensive reach and impact that Elga Credit Union has on its membership base. By offering these financial products, the credit union empowers its members to meet their financial goals and navigate the complexities of the financial landscape. In doing so, Elga Credit Union plays a vital role in the financial wellbeing of its community.
Impact
This information is meant to be a general summary of Elga Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Elga Credit Union's impact lies in its provision of essential financial services and products to its members. By offering a wide range of loans, including real estate, credit card, vehicle, and others, Elga Credit Union helps individuals fulfill their financial needs and goals. This support is evidenced by the substantial number of outstanding loans, totaling 78,515 as of December 31, 2022. Through its activities in Grand Blanc, MI, Elga Credit Union plays a vital role in empowering its members to make significant strides in their financial well-being.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES AND CHARGES
Revenue
$11,935,877
INTERCHANGE INCOME
Revenue
$11,854,609
INTEREST ON LOANS
Revenue
$52,627,906
GAIN ON SALE OF LOANS
Revenue
$158,896
Organization Details
Founding Year
1951
Phone
(810) 715-3542
Principal Officer
Terry Katzur
Main Address
6065 GRAND POINTE BLVD, GRAND BLANC, MI, 48439
Website
www.elgacu.com
NTEE Category
Code: W60 - Public benefit
If you are a representative of Elga 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.