Marshall Community Credit Union

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

EIN: 381444840 ✦ Marshall, MI ✦ Designated as a 501(c)(14)

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Overview

What is Marshall Community Credit Union?

Marshall Community Credit Union is a financial institution based in Marshall, Michigan. With a membership of 14,888, they offer various account types including regular share, club savings, share draft, youth savings, health savings accounts, money market, IRA, commercial, and certificate of deposit accounts, totaling 16,871. The credit union's mission is to provide financial services to member-owners, building partnerships for financial success through their solutions, education, and dedication to service. The organization, with a team of 87 employees, is committed to delivering a wide range of financial services to its community.


Official website here: www.marshallcommunitycu.com

Is Marshall Community Credit Union legitimate?

Marshall Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Marshall 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: $666,068
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,044,707

For more financial information, click here


Official website here: www.marshallcommunitycu.com

What is the mission statement of Marshall Community Credit Union?

Marshall Community Credit Union is committed to providing financial services to a community of member-owners. The mission of the credit union is to foster financial success for its members through service, solutions, and education. They offer various accounts including regular share, club savings, share draft, youth savings, health savings accounts, money market, IRA, commercial, and certificate of deposit accounts, serving a total of 14,888 members. The credit union's approach goes beyond just financial transactions, aiming to empower and educate its members for their overall financial well-being.


Official website here: www.marshallcommunitycu.com

Who is the CEO of Marshall Community Credit Union?

Julie Zink is the Chairperson of Marshall Community Credit Union. The CEO's salary of Marshall Community Credit Union is $255,092 and their total compensation is $280,134.


Official website here: www.marshallcommunitycu.com

What is the revenue of Marshall Community Credit Union?

Marshall Community Credit Union's revenue in 2022 was $13,400,712.


Official website here: www.marshallcommunitycu.com

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

The average compensation at Marshall Community Credit Union during 2022 was $42,653. There are 87 employees and 9 volunteers at Marshall Community Credit Union.


Here are 13 key members and their salaries (Marshall Community Credit Union's CEO's salary is $255,092 and their total compensation is $280,134):


Jay Larson (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Darling (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Garavalia (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Baremor (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Clayborn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Damron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Iovieno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corrie Rozell (Ceo)
  • Compensation: $255,092
  • Related: $0
  • Other: $25,042
Julie Zink (Cfo)
  • Compensation: $175,487
  • Related: $0
  • Other: $23,499
John Mckenzie (Vp Of Information Technolo)
  • Compensation: $161,627
  • Related: $0
  • Other: $31,110
Melissa Seavolt (Coo)
  • Compensation: $170,304
  • Related: $0
  • Other: $16,644


Official website here: www.marshallcommunitycu.com

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

Marshall Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.marshallcommunitycu.com

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

Mission Statement of Marshall Community Credit Union

Marshall Community Credit Union, with a mission to provide financial services to member-owners sharing a common bond, strives for partnership in fostering financial success. By offering a range of services and solutions, the credit union goes beyond traditional banking.

Marshall Community Credit Union's dedication extends to offering Regular Share, Club Savings, Share Draft, Youth Savings, Health Savings Accounts, Money Market, IRA, Commercial, and Certificate of Deposit Accounts to its 14,888 members. In total, these accounts reach an impressive sum of 16,871. The credit union's approach is not just about managing finances, but also about providing education and tools to help its members make informed decisions and achieve their financial goals.

Through its commitment to service, solutions, and education, Marshall Community Credit Union empowers its members to take control of their financial futures. By working together, the credit union and its members build a solid foundation for long-term financial health and stability.

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Impact




October, 2024

Marshall Community Credit Union significantly enhances the financial well-being of its 14,888 members in Marshall, Michigan. By offering a diverse range of services—including regular share accounts, club savings, share draft accounts, youth savings, health savings accounts, money market accounts, IRAs, commercial accounts, and certificates of deposit— the credit union facilitates personal financial growth and stability.

Moreover, its mission to partner with members for financial success is reflected in the commitment to providing tailored financial solutions and education. This focus not only empowers individuals and families to take charge of their financial futures but also fosters a sense of community and support among members. By prioritizing member service, the credit union plays a crucial role in promoting economic health and public benefit in the region.




This information is meant to be a general summary of Marshall 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
$13,400,712 (2022)
Expenses
$11,491,605 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $791,342
  • Program Service Revenue: $12,609,370
  • Gross Receipts: $32,241,839

Assets and Liabilities:

  • Total Assets: $306,519,256
  • Total Liabilities: $264,778,530
  • Net Assets: $41,740,726

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Programs

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

LOAN INTEREST

Revenue

$8,663,668

OTHER INCOME

Revenue

$3,945,702

Organization Details

Founding Year

1951

Principal Officer

Julie Zink

Main Address

839 W GREEN ST, MARSHALL, MI, 49068

NTEE Category

Code: W60 - Public benefit

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