Catholic Vantage Financial

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

EIN: 381490360 ✦ Livonia, MI ✦ Designated as a 501(c)(14)

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Overview

What is Catholic Vantage Financial?

Catholic Vantage Financial is a credit union based in Livonia, Michigan, with a specific address at 36111 5 Mile Rd, 48154. Established with a mission to support the financial well-being of its members, it offers various deposit account options such as savings, checking, certificates, and others. As of December 31, 2022, the credit union boasts a membership count of 8,355. By focusing on the financial success of every member, Catholic Vantage Financial strives to maintain its position as Michigan's leading credit union.


Official website here: www.mycvf.org

What do the Facebook reviews say about Catholic Vantage Financial?

86% of 19 reviewers on Facebook recommend Catholic Vantage Financial. Here is a summary of their reviews:

Many users express appreciation for the supportive and helpful nature of the staff, particularly highlighting their compassionate approach in difficult situations. One reviewer specifically noted how the team offered exceptional assistance during a personal crisis, demonstrating the organization’s commitment to customer care.

Overall, individuals feel positively about their experiences, portraying Catholic Vantage Financial as a reliable credit union that prioritizes the needs and well-being of its members. The consensus suggests that the organization effectively fulfills its mission to provide financial services with a personal touch.


This AI summary has been generated from reviews found on Facebook.

Is Catholic Vantage Financial legitimate?

Catholic Vantage Financial is a legitimate nonprofit organization registered as a 501(c)(14) entity. Catholic Vantage Financial 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: $783,432
Professional Fundraising Fees: $0
Other Salaries and Wages: $826,820

For more financial information, click here


Official website here: www.mycvf.org

What is the mission statement of Catholic Vantage Financial?

Catholic Vantage Financial is committed to serving as Michigan's leading Credit Union. Their mission is centered around the financial prosperity of each member. They strive to achieve this goal by offering various deposit account options, such as savings, checking, certificates, and others. The Credit Union's focus is on the well-being of its members, aiming to support their financial success comprehensively. As of December 31, 2022, the Credit Union had a membership of 8,355 individuals.


Official website here: www.mycvf.org

Who is the CEO of Catholic Vantage Financial?

Robert Marciniak is the Ceo of Catholic Vantage Financial. The CEO's salary of Catholic Vantage Financial is $191,594 and their total compensation is $216,956.


Official website here: www.mycvf.org

What is the revenue of Catholic Vantage Financial?

Catholic Vantage Financial's revenue in 2022 was $4,797,257.


Official website here: www.mycvf.org

Who are the executives of Catholic Vantage Financial and what are their salaries?

The average compensation at Catholic Vantage Financial during 2022 was $46,007. There are 35 employees and 7 volunteers at Catholic Vantage Financial.


Here are 11 key members and their salaries (Catholic Vantage Financial's CEO's salary is $191,594 and their total compensation is $216,956):


Peter Bagazinski (Ceo)
  • Compensation: $191,594
  • Related: $0
  • Other: $25,362
Michael Scurto (Vp It)
  • Compensation: $123,655
  • Related: $0
  • Other: $19,431
Joann Peurach (Vp Lending)
  • Compensation: $95,343
  • Related: $0
  • Other: $19,272
Robert Marciniak (Cfo)
  • Compensation: $108,942
  • Related: $0
  • Other: $3,140
Emma Teller (Vp Operations)
  • Compensation: $101,642
  • Related: $0
  • Other: $3,031
Eric Rothert (Vp Marketing)
  • Compensation: $89,566
  • Related: $0
  • Other: $2,453
Kevin Prost (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Masel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cleamon Moorer Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey Getzen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Stocker Sr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mycvf.org

Where can I find the form 990 for Catholic Vantage Financial?

Catholic Vantage Financial's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mycvf.org

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

Mission Statement of Catholic Vantage Financial

Catholic Vantage Financial, as a leading Credit Union, is committed to the financial well-being of each of its members in Michigan. Their mission is centered around this dedication, striving to foster the financial success of every individual who is part of their community. This mission is evident in the various deposit account options they offer, including savings, checking, certificates, and others, catering to the diverse financial needs of their members. As of December 31, 2022, their membership count was 8,355, a testament to their commitment and the trust they have built with their members.

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Impact




October, 2024

Catholic Vantage Financial significantly impacts the financial landscape in Michigan by serving as a leading credit union dedicated to the financial success of its members. With a membership base of 8,355 as of December 31, 2022, it plays a crucial role in fostering financial stability and well-being within the community.

Offering a variety of deposit account types, including savings, checking, and certificates, Catholic Vantage Financial meets the diverse needs of its members, enabling them to manage their finances effectively. By focusing on financial education and personalized service, the institution empowers individuals and families to achieve their financial goals.

Additionally, Catholic Vantage Financial's commitment to public benefit reinforces its role as a trusted community partner, contributing positively to the economic development of Livonia and beyond. Through its operations, the credit union creates a supportive environment where members can develop sound financial habits, thus enhancing overall community welfare.




This information is meant to be a general summary of Catholic Vantage Financial. 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
$4,797,257 (2022)
Expenses
$4,084,543 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $615,101
  • Program Service Revenue: $4,182,156
  • Gross Receipts: $4,797,257

Assets and Liabilities:

  • Total Assets: $131,415,701
  • Total Liabilities: $123,372,496
  • Net Assets: $8,043,205

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Programs

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

FEE INCOME

Revenue

$421,763

INSURANCE REVENUE

Revenue

$28,271

INTERCHANGE INCOME

Revenue

$443,993

INTEREST ON LOANS

Revenue

$3,158,272

OTHER OPERATING REVENUE

Revenue

$129,857

Organization Details

Founding Year

1953

Principal Officer

Robert Marciniak

Main Address

36111 5 MILE RD, LIVONIA, MI, 48154

NTEE Category

Code: W60 - Public benefit

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