Consumers Professional Credit Union

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

EIN: 381446160 ✦ Lansing, MI ✦ Designated as a 501(c)(14)

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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.conprocu.org

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: $299,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $728,854

For more financial information, click here


Official website here: www.conprocu.org

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.conprocu.org

Who is the CEO of Consumers Professional Credit Union?

David Kindy is the Ceo of Consumers Professional Credit Union. The CEO's salary of Consumers Professional Credit Union is $157,918 and their total compensation is $175,853.


Official website here: www.conprocu.org

What is the revenue of Consumers Professional Credit Union?

Consumers Professional Credit Union's revenue in 2022 was $3,563,157.


Official website here: www.conprocu.org

Who are the executives of Consumers Professional Credit Union and what are their salaries?

The average compensation at Consumers Professional Credit Union during 2022 was $21,885. There are 47 employees and 7 volunteers at Consumers Professional Credit Union.


Here are 9 key members and their salaries (Consumers Professional Credit Union's CEO's salary is $157,918 and their total compensation is $175,853):


David Kindy (Ceo)
  • Compensation: $157,918
  • Related: $0
  • Other: $17,935
Kathy Schroeder (Svp)
  • Compensation: $110,038
  • Related: $0
  • Other: $13,849
William Burke (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin Knight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Juckett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Wilson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Stump (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Shearer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Frederick (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.conprocu.org

Where can I find the form 990 for Consumers Professional Credit Union?

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


Official website here: www.conprocu.org

Learn more at the official website: www.conprocu.org

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.

Revenue
$3,563,157 (2022)
Expenses
$2,861,376 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $565,679
  • Program Service Revenue: $2,997,478
  • Gross Receipts: $3,563,157

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 & Charges

Revenue

$365,563

Insurance Revenue

Revenue

$18,404

Interchange Fee Income

Revenue

$259,642

Interest on Loans

Revenue

$2,235,963

Miscellaneous Operating

Revenue

$103,097

Organization Details

Founding Year

1953

Principal Officer

David Kindy

Main Address

525 West Willow Street, Lansing, MI, 48906

NTEE Category

Code: W60 - Public benefit

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