Overview
What is Credit Unions Chartered In The State Of Michigan?
Credit Unions Chartered in the State of Michigan, specifically identified as Genisys Credit Union, is a nonprofit organization based in Auburn Hills, Michigan. With a total workforce of one, they cater to 236,924 members and offer an extensive range of financial services. Their portfolio includes various loan products, deposit accounts such as checking, savings, IRAs, and certificates, and electronic services including mobile and online banking, e-statements, ATM access, debit cards, and credit cards. Additionally, they provide financial education programs and services to promote financial literacy and growth amongst their members.
Official website here: www.genisyscu.org
What are the reviews and ratings of this charity?
The Credit Unions Chartered In The State Of Michigan is currently not rated by Charity Navigator. The absence of a rating is not indicative of the organization's performance, but rather that it has not been evaluated due to its non-501(c)(3) status. Charity Navigator evaluates only organizations eligible for tax-deductible contributions, which could limit the availability of comprehensive evaluation data for entities like credit unions.
The organization cannot be analyzed using Charity Navigator's Accountability & Finance, Impact & Measurement, Culture & Community, or Leadership & Adaptability methodologies, as these are applicable to registered 501(c)(3) entities. As such, any potential strengths or areas for improvement in these domains remain unreported due to evaluation limitations.
No user feedback is available from GreatNonprofits, hence public sentiment regarding the organization is not documented.
This AI summary has been generated from information found on Charity Navigator.
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: $4,975,194
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,476,823
For more financial information, click here
Official website here: www.genisyscu.org
What is the mission statement of Credit Unions Chartered In The State Of Michigan?
Credit Unions Chartered In The State Of Michigan aim to serve their 257,736 members by promoting thrift through the provision of financial services. These offerings include various loan products and deposit accounts, such as checking, savings, IRAs, and certificates. In addition to traditional banking services, members also have access to electronic services including mobile and online banking, e-statements, ATM, debit, and credit cards. The organization goes beyond financial services by offering financial education programs and resources to help members make informed decisions about their money. Their mission is to enable members to manage their finances effectively and improve their financial well-being.
Official website here: www.genisyscu.org
Who is the CEO of Credit Unions Chartered In The State Of Michigan?
Jacqueline Buchanan is the President Ceo of Credit Unions Chartered In The State Of Michigan. The CEO's salary of Credit Unions Chartered In The State Of Michigan is $2,431,420 and their total compensation is $2,464,342.
Official website here: www.genisyscu.org
What is the revenue of Credit Unions Chartered In The State Of Michigan?
Credit Unions Chartered In The State Of Michigan's revenue in 2022 was $200,960,128.
Official website here: www.genisyscu.org
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 2022 was $32,452,017. There is 1 employee and 8 volunteers at Credit Unions Chartered In The State Of Michigan.
Here are 29 key members and their salaries (Credit Unions Chartered In The State Of Michigan's CEO's salary is $2,431,420 and their total compensation is $2,464,342):
- Compensation: $2,431,420
- Related: $0
- Other: $32,922
- Compensation: $369,634
- Related: $0
- Other: $64,712
- Compensation: $371,504
- Related: $0
- Other: $33,936
- Compensation: $333,704
- Related: $0
- Other: $26,089
- Compensation: $248,338
- Related: $0
- Other: $55,173
- Compensation: $272,149
- Related: $0
- Other: $30,430
- Compensation: $277,803
- Related: $0
- Other: $23,626
- Compensation: $267,503
- Related: $0
- Other: $23,755
- Compensation: $244,126
- Related: $0
- Other: $31,822
- Compensation: $243,177
- Related: $0
- Other: $22,812
- Compensation: $222,649
- Related: $0
- Other: $17,985
- Compensation: $201,150
- Related: $0
- Other: $30,438
- Compensation: $181,768
- Related: $0
- Other: $28,172
- Compensation: $180,167
- Related: $0
- Other: $23,241
- Compensation: $169,407
- Related: $0
- Other: $24,922
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.genisyscu.org
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 2022 and can be accessed here.
Official website here: www.genisyscu.org
Learn more at the official website: www.genisyscu.org
Mission Statement of Credit Unions Chartered In The State Of Michigan
Credit Unions Chartered In Michigan, a prominent nonprofit organization, is dedicated to serving 257,736 members by offering them financial services. Its mission reaches beyond the mere provision of financial products; it aims to promote thrift amongst its 236,924 members.
This mission materializes through the offering of various loan products, allowing members to borrow funds for their specific needs. Simultaneously, the organization provides deposit account products such as checking, savings, IRAs, and certificates of deposit. These accounts enable members to save and grow their funds, aligning with the organization's commitment to promoting thrift.
Moreover, Credit Unions Chartered In Michigan offers its members an array of electronic services to facilitate banking convenience. These include mobile banking, online banking, e-statements, and access to ATMs, debit, and credit cards. By embracing technology, the organization caters to the modern banking needs of its members, enhancing their overall experience.
In addition to these essential financial services, the organization places a strong emphasis on financial education. Through its financial education programs and services, Credit Unions Chartered In Michigan empowers its members to make informed decisions regarding their financial well-being. By fostering financial literacy, the organization contributes to the long-term financial health and stability of its members.
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Impact
October, 2024
Credit Unions Chartered In The State Of Michigan significantly impacts the local community by serving 257,736 credit union members with essential financial services. In 2020 alone, they supported 236,924 members by providing a diverse range of loan products and deposit accounts, including checking, savings, IRAs, and certificates of deposit.
Their commitment extends to modern electronic services such as mobile and online banking, e-statements, and the availability of ATM, debit, and credit cards. Furthermore, they enhance financial literacy through educational programs, empowering members to make informed financial decisions. This broad spectrum of services fosters economic stability and encourages responsible financial management within the community.
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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $16,129,763
- Program Service Revenue: $144,503,940
- Gross Receipts: $200,651,871
Assets and Liabilities:
- Total Assets: $4,472,149,817
- Total Liabilities: $3,898,910,102
- Net Assets: $573,239,715
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest Income on loans
Revenue
$126,721,922
Fee Income
Revenue
$17,782,018
Organization Details
Founding Year
1953
Phone
(248) 322-9800Principal Officer
Jacqueline Buchanan
Main Address
2100 Executive Hills Blvd, Auburn Hills, MI, 48326
Website
www.genisyscu.orgNTEE Category
Code: W60 - Public benefit
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