Parkside Credit Union

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

EIN: 381485730 ✦ Westland, MI ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Parkside Credit Union?

Parkside Credit Union is a financial institution situated in Westland, Michigan, specifically at 13654 residents on 1747 S Newburgh Rd. This credit union serves its members by offering various deposit accounts such as savings, checking, certificates, and other options. As of December 31, 2022, the credit union has a membership base of 13,654 individuals. Its primary purpose is to provide financial services for its member-owners, who share a common bond. The credit union's mission is to ensure financial well-being for its members, offering them reliable and accessible financial solutions. It employs a team of 65 dedicated professionals to achieve this goal.


Official website here: www.parksidecu.org

Is Parkside Credit Union legitimate?

Parkside Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Parkside 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: $827,397
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,385,964

For more financial information, click here


Official website here: www.parksidecu.org

What is the mission statement of Parkside Credit Union?

Parkside Credit Union's mission is centered around offering financial services to a specific group of individuals who share a common bond. This non-profit organization aims to cater to the financial needs of its member-owners, providing them with various deposit account options such as savings, checking, certificates, and others. As of December 31, 2022, Parkside Credit Union boasts a membership of 13,654 individuals.


Official website here: www.parksidecu.org

Who is the CEO of Parkside Credit Union?

Heathor Balazy is the Coo of Parkside Credit Union. The CEO's salary of Parkside Credit Union is $263,157 and their total compensation is $289,948.


Official website here: www.parksidecu.org

What is the revenue of Parkside Credit Union?

Parkside Credit Union's revenue in 2022 was $11,368,957.


Official website here: www.parksidecu.org

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

The average compensation at Parkside Credit Union during 2022 was $49,436. There are 65 employees and 7 volunteers at Parkside Credit Union.


Here are 14 key members and their salaries (Parkside Credit Union's CEO's salary is $263,157 and their total compensation is $289,948):


Janet Thompson (Ceo / President)
  • Compensation: $263,157
  • Related: $0
  • Other: $26,791
Connie Gladki (Cfo)
  • Compensation: $105,213
  • Related: $0
  • Other: $29,546
Heather Colonius (Cdo)
  • Compensation: $98,475
  • Related: $0
  • Other: $30,536
Joy-Michelle Bobby (Clo)
  • Compensation: $96,738
  • Related: $0
  • Other: $8,990
Heathor Balazy (Coo)
  • Compensation: $78,571
  • Related: $0
  • Other: $5,845
Janet Hendrie (Evp/Coo)
  • Compensation: $68,292
  • Related: $0
  • Other: $15,241
William Sackett (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rawson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Pokerwinski (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clyde Ghee (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doris Graham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brigitte Fawaz-Anouti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doris Graham (Cro)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.parksidecu.org

Where can I find the form 990 for Parkside Credit Union?

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


Official website here: www.parksidecu.org

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

Mission Statement of Parkside Credit Union

Parkside Credit Union, as a mission-driven organization, is dedicated to serving its member-owners with a shared bond. Their primary objective is to offer a variety of financial services, encompassing deposit accounts such as savings, checking, certificates, and other types. By doing so, they aim to cater to the financial needs of their members effectively. As of December 31, 2022, the Credit Union boasted a membership base of 13,654 individuals, demonstrating its commitment to its community.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Parkside Credit Union plays a significant role in the Westland, Michigan community by providing essential financial services to its 13,654 member owners. With a focus on fostering a sense of community among individuals who share a common bond, Parkside offers a variety of deposit account types, including savings accounts, checking accounts, and certificates. This commitment to serving its members not only enhances financial stability for individuals and families but also contributes to the overall economic health of the community. By prioritizing the needs of its members, Parkside Credit Union creates a supportive environment that encourages financial literacy and empowers individuals to achieve their financial goals.




This information is meant to be a general summary of Parkside 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
$11,368,957 (2022)
Expenses
$9,936,232 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $967,759
  • Program Service Revenue: $10,401,198
  • Gross Receipts: $11,395,660

Assets and Liabilities:

  • Total Assets: $159,358,913
  • Total Liabilities: $144,209,186
  • Net Assets: $15,149,727

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

Fees & Charges

Revenue

$2,721,610

Insurance Reimbursements

Revenue

$3,595

Loan Interest Income

Revenue

$5,454,057

Non-Member ATM Fees

Revenue

$12,711

Other income

Revenue

$2,209,225

Organization Details

Founding Year

1953

Principal Officer

Heathor Balazy

Main Address

1747 S Newburgh Rd, Westland, MI, 48186

NTEE Category

Code: W60 - Public benefit

If you are a representative of Parkside Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.