True Community Credit Union

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

EIN: 381453620 ✦ Jackson, MI ✦ Designated as a 501(c)(14)

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Overview

What is True Community Credit Union?

True Community Credit Union is a Michigan-based financial institution located at 1100 Clinton Rd, Jackson, with a staff of 243 employees. They dedicate themselves to serving their members by offering a range of deposit and loan products, while also contributing to the community through financial education. Their mission is to create lasting, defining moments for people and places they serve, generation after generation.


Official website here: www.trueccu.com

Is True Community Credit Union legitimate?

True Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. True 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: $1,626,556
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,091,637

For more financial information, click here


Official website here: www.trueccu.com

What is the mission statement of True Community Credit Union?

True Community Credit Union is dedicated to creating lasting impacts for the individuals and communities it serves. Its mission is geared towards cultivating legacy-defining moments for generations to come. Through offering a range of deposit and loan products to its members, the credit union helps individuals achieve their financial goals and build a better future. Additionally, the credit union provides financial education to the community, contributing to the long-term financial well-being and stability of those it serves. By focusing on community development and financial empowerment, True Community Credit Union continues to make a difference in people's lives for generations.


Official website here: www.trueccu.com

Who is the CEO of True Community Credit Union?

Christina Siders is the CEO of True Community Credit Union The CEO's salary of True Community Credit Union is $356,270 and their total compensation is $374,128.


Official website here: www.trueccu.com

What is the revenue of True Community Credit Union?

True Community Credit Union's revenue in 2023 was $42,926,246.


Official website here: www.trueccu.com

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

The average compensation at True Community Credit Union during 2023 was $59,644. There are 230 employees and 12 volunteers at True Community Credit Union.

Here are 23 key members and their salaries (True Community Credit Union's CEO's salary is $356,270 and their total compensation is $374,128):


Quentin Guinn (Board Chairperson Until April)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Burgett (Board Chairperson Effective April)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Denton (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Ann Rand (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Fernandes (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Richard (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Pinney (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chelsea Page (Board Vicechairperson Effective April)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Butman (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hostetler (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Inocencio (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Siders (President/Ceo)
  • Compensation: $356,270
  • Related: $0
  • Other: $17,858
Lance Schnitkey (Chief Financial Officer)
  • Compensation: $177,447
  • Related: $0
  • Other: $3,392
Jason Matley (Evp/Chief Strategy Officer)
  • Compensation: $239,242
  • Related: $0
  • Other: $15,224
Valerie Moskal (Chief Growth & Lending Officer)
  • Compensation: $231,813
  • Related: $0
  • Other: $22,890
Sarah Ermatinger (Chief Member Experience Officer)
  • Compensation: $183,907
  • Related: $0
  • Other: $1,289
Canis Arbrouet (Vp Of It And Branch Infrastructure)
  • Compensation: $167,061
  • Related: $0
  • Other: $27,120
Heather Harback (Chief People Officer)
  • Compensation: $159,674
  • Related: $0
  • Other: $23,369
Shawn Christie (Vp Of Wealth Management)
  • Compensation: $147,684
  • Related: $0
  • Other: $6,657
Terry French (Investment Advisor)
  • Compensation: $200,733
  • Related: $0
  • Other: $6,796
Rebecca Billingsley (Senior Director Of Human Resources)
  • Compensation: $151,886
  • Related: $0
  • Other: -$12,458
Jonathan Beard (Vp Of Digital Transformation)
  • Compensation: $146,989
  • Related: $0
  • Other: $24,949
Brandi Cole (Chief Risk Officer)
  • Compensation: $130,630
  • Related: $0
  • Other: $13,548


Official website here: www.trueccu.com

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

True Community Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.trueccu.com

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

Mission Statement of True Community Credit Union

True Community Credit Union, with its mission, aspires to create significant and lasting moments for the individuals and communities it serves, extending this legacy for generations to come. The credit union's dedication to this cause is apparent in its range of deposit and loan products tailored for members, as well as its commitment to providing financial education to the public. By doing so, True Community Credit Union aims to empower its clients, fostering a sense of financial security and stability that can shape their lives and futures. The credit union's unwavering focus on this goal ensures that it remains a trusted and valued partner to the people it serves, enabling them to achieve their own defining moments.

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Impact




October, 2024

True Community Credit Union actively cultivates legacy-defining moments for individuals and communities in Jackson, MI, and the surrounding areas. By offering a diverse range of deposit and loan products, they ensure that members have access to the financial tools necessary for achieving their goals. Beyond financial services, True Community Credit Union invests in the community through educational initiatives designed to empower individuals with essential financial knowledge. This commitment fosters not only personal growth but also strengthens community ties, contributing to a brighter future for generations to come.




This information is meant to be a general summary of True 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
$42,926,246 (2023)
Expenses
$38,572,848 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,300,692
  • Program Service Revenue: $40,615,233
  • Gross Receipts: $42,945,925

Assets and Liabilities:

  • Total Assets: $683,496,777
  • Total Liabilities: $621,103,240
  • Net Assets: $62,393,537

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Programs

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

LOAN INCOME

Revenue

$29,310,577

FEES, CHARGES & OTHER

Revenue

$11,112,914

FINANCE AND INSURANCE

Revenue

$191,742

Organization Details

Founding Year

2020

Principal Officer

Christina Siders

NTEE Category

Code: W60 - Public benefit

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