Overview
What is Consumers Professional Credit Union?
Consumers Professional Credit Union is a financial institution located at 525 West Willow Street, Lansing, Michigan 48906. As a member-driven organization, it offers various deposit account options such as savings, checking, certificates, and more. With a membership count of 5,316 as of December 31, 2022, the credit union is dedicated to fostering enduring relationships with its members and delivering an exceptional service experience. The organization's mission is to uphold these values, emphasizing the importance of long-term connections and outstanding customer service.
Official website here: www.cpcu.co
Is Consumers Professional Credit Union legitimate?
Consumers Professional Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Consumers Professional 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: $165,368
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,396,566
For more financial information, click here
Official website here: www.cpcu.co
What is the mission statement of Consumers Professional Credit Union?
Consumers Professional Credit Union is dedicated to establishing lasting relationships with its members and delivering an exceptional service experience. Their mission is centered around this commitment, aiming to foster strong connections with each member. The credit union focuses on providing various deposit account options, including savings, checking, certificates, and others, to cater to its members' needs. The total membership count as of December 31, 2022, was 5,316 individuals.
Official website here: www.cpcu.co
Who is the CEO of Consumers Professional Credit Union?
Terry Garrison is the CEO of Consumers Professional Credit Union The CEO's salary of Consumers Professional Credit Union is $136,938 and their total compensation is $165,368.
Official website here: www.cpcu.co
What is the revenue of Consumers Professional Credit Union?
Consumers Professional Credit Union's revenue in 2024 was $7,511,235.
Official website here: www.cpcu.co
Who are the executives of Consumers Professional Credit Union and what are their salaries?
The average compensation at Consumers Professional Credit Union during 2024 was $25,192. There are 62 employees and 7 volunteers at Consumers Professional Credit Union.
Here are 8 key members and their salaries (Consumers Professional Credit Union's CEO's salary is $136,938 and their total compensation is $165,368):
- Compensation: $136,938
- Related: $0
- Other: $28,430
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cpcu.co
Where can I find the form 990 for Consumers Professional Credit Union?
Consumers Professional Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cpcu.co
Learn more at the official website: www.cpcu.co
Mission Statement of Consumers Professional Credit Union
Consumers Professional Credit Union is dedicated to establishing enduring relationships with its members and providing outstanding service experiences. This mission statement reflects the credit union's commitment to going above and beyond for its members, striving to create a connection that lasts a lifetime. The credit union achieves this through various deposit account options, including savings, checking, certificates, and other types of accounts. With a membership count of 5,316 as of December 31, 2022, Consumers Professional Credit Union is demonstrating its dedication to delivering on its mission and building strong bonds with its members.
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Impact
October, 2024
Consumers Professional Credit Union has a significant impact on the Lansing, MI community by fostering lifelong relationships with its members and prioritizing exceptional service experiences. By providing a variety of deposit account options, including savings, checking, and certificates, the credit union caters to the diverse financial needs of its 5,316 members. This commitment not only enhances financial stability for individuals and families but also contributes to the overall economic well-being of the community. Through personalized service and engagement, Consumers Professional Credit Union strengthens its connections with members, ultimately promoting a sense of community and trust.
This information is meant to be a general summary of Consumers Professional 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $2,840,980
- Program Service Revenue: $4,670,255
- Gross Receipts: $7,511,235
Assets and Liabilities:
- Total Assets: $91,878,083
- Total Liabilities: $77,232,946
- Net Assets: $14,645,137
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES AND OTHER INCOME
Revenue
$916,224
INSURANCE SALES
Revenue
$28,819
LOAN INTEREST INCOME
Revenue
$3,725,212
Organization Details
Founding Year
1953
Principal Officer
Terry Garrison
Website
www.cpcu.coNTEE Category
Code: W60 - Public benefit
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