Overview
What is Embers Credit Union?
Embers Credit Union is a financial institution based in Marquette, Michigan, with an address at 601 S McClellan Ave. The credit union offers various deposit account options, such as savings, checking, certificates, and others, to its 30,676 members as of December 31, 2022. Embers Credit Union's mission is to provide essential financial services and products to its members. The organization currently employs 167 individuals and focuses on delivering financial solutions to its members.
Official website here: www.embers.org
What are the reviews and ratings of this charity?
Embers Credit Union is not currently rated by Charity Navigator, primarily because it is not registered as a 501(c)(3) IRS nonprofit. Charity Navigator typically evaluates organizations based on certain criteria like Accountability & Finance, and Impact & Measurement, which are not applicable here since Embers Credit Union falls outside these parameters.
Without a rating, it's important to note that Charity Navigator's absence of evaluation does not imply any specific quality or performance issues. The organization operates under a different IRS classification, indicating it serves a different purpose than standard charities. This impacts how we can assess its operations from data provided by typical nonprofit evaluations.
No user reviews for Embers Credit Union are available on GreatNonprofits, leaving a gap in public feedback that might otherwise provide personal testimonials or community-based insights into the organization's impact and operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Embers Credit Union?
94% of 90 reviewers on Facebook recommend Embers Credit Union. Here is a summary of their reviews:
While a significant majority express satisfaction with the services offered by Embers Credit Union, there are notable concerns from some members regarding experiences following a recent merger. A particular review highlighted frustrations with increased chaos in managing finances, suggesting that the transition may not have been smooth for all customers.
Despite these challenges mentioned by a few, the positive sentiment from the majority indicates that many find Embers Credit Union to be a reliable option for their banking needs, with most users emphasizing their continued support for the institution.
This AI summary has been generated from reviews found on Facebook.
Is Embers Credit Union legitimate?
Embers Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Embers 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: $1,743,256
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,663,755
For more financial information, click here
Official website here: www.embers.org
What is the mission statement of Embers Credit Union?
Embers Credit Union is committed to offering financial services and products to its member base. This mission is encapsulated in the Credit Union's description, which states that it provides various deposit account options such as savings, checking, certificates, and others. As of December 31, 2022, the Credit Union boasts a membership of 30,676 individuals. By focusing on meeting the financial needs of its members, Embers Credit Union aims to build a strong and supportive community.
Official website here: www.embers.org
Who is the CEO of Embers Credit Union?
Thomas Blake is the CEO of Embers Credit Union The CEO's salary of Embers Credit Union is $335,563 and their total compensation is $382,837.
Official website here: www.embers.org
What is the revenue of Embers Credit Union?
Embers Credit Union's revenue in 2023 was $25,332,798.
Official website here: www.embers.org
Who are the executives of Embers Credit Union and what are their salaries?
The average compensation at Embers Credit Union during 2023 was $48,730. There are 152 employees and 14 volunteers at Embers Credit Union.
Here are 19 key members and their salaries (Embers Credit Union's CEO's salary is $335,563 and their total compensation is $382,837):
- Compensation: $335,563
- Related: $0
- Other: $47,274
- Compensation: $238,018
- Related: $0
- Other: $39,603
- Compensation: $195,264
- Related: $0
- Other: $36,183
- Compensation: $190,224
- Related: $0
- Other: $35,780
- Compensation: $180,800
- Related: $0
- Other: $34,411
- Compensation: $141,646
- Related: $0
- Other: $27,058
- Compensation: $110,852
- Related: $0
- Other: $19,813
- Compensation: $100,485
- Related: $0
- Other: $10,282
- 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
- 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.embers.org
Where can I find the form 990 for Embers Credit Union?
Embers Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.embers.org
Learn more at the official website: www.embers.org
Mission Statement of Embers Credit Union
Embers Credit Union, a member-focused financial institution, is dedicated to delivering essential financial services and products to its membership base. In simple terms, Embers Credit Union's mission is to cater to its members' financial needs, offering them a range of deposit account options that includes savings, checking, certificates, and more.
With a strong commitment to its members, Embers Credit Union has grown its membership to 30,676 individuals as of December 31, 2022. The Credit Union's unwavering dedication to its members is evident in its varied offerings designed to accommodate the diverse financial requirements of its clientele. By providing accessible and affordable financial solutions, Embers Credit Union aims to foster financial stability and growth for its members.
Embers Credit Union's member-centric approach ensures that it remains an indispensable partner for its clients in managing their financial affairs. The Credit Union's mission extends beyond just offering deposit accounts, as it continually works towards enhancing its services and products to cater to the evolving needs of its members. This commitment to putting its members first sets Embers Credit Union apart, making it an essential resource for those seeking reliable financial services and guidance.
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Impact
October, 2024
Embers Credit Union significantly impacts its community by offering a wide range of financial services and products tailored to meet the needs of its members. As of December 31, 2022, it served a robust membership base of 30,676 individuals in Marquette, Michigan.
By providing various deposit account types, including savings, checking, and certificates, Embers Credit Union ensures that members have access to essential financial tools that promote savings, financial literacy, and economic stability. This inclusive approach supports not only individual financial well-being but also fosters a sense of community as members work together towards their financial goals.
The credit union's commitment to delivering valuable financial solutions enhances the overall economic health of the region, empowering its members and enriching the community it serves.
This information is meant to be a general summary of Embers 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 2023.
- Investment Income: $2,083,044
- Program Service Revenue: $23,249,754
- Gross Receipts: $25,332,798
Assets and Liabilities:
- Total Assets: $485,631,668
- Total Liabilities: $441,781,591
- Net Assets: $43,850,077
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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
$5,491,584
INSURANCE SALES
Revenue
$4,421
INTEREST ON LOANS
Revenue
$17,724,023
NON-MEMBER ATM FEES
Revenue
$29,726
Organization Details
Founding Year
1953
Principal Officer
Tom Blake
Website
www.embers.orgNTEE Category
Code: W60 - Public benefit
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