Overview
What is Safe Harbor Credit Union?
Safe Harbor Credit Union is a financial institution located in Ludington, Michigan, specifically at 5511 W US Highway 10, with a membership count of 7,462 as of December 31, 2022. They are dedicated to serving their members by offering various deposit accounts such as savings, checking, certificates, and other financial products. Their primary mission is to provide financial services, fostering financial well-being among their members. With a team of 36 employees, Safe Harbor Credit Union continues to uphold a commitment to its members in the region.
Official website here: www.safeharborcu.org
Is Safe Harbor Credit Union legitimate?
Safe Harbor Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Safe Harbor 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: $245,937
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,187,514
For more financial information, click here
Official website here: www.safeharborcu.org
What is the mission statement of Safe Harbor Credit Union?
Safe Harbor Credit Union is committed to delivering financial services and products to its members. This mission is encapsulated in their provision of various deposit account options, such as savings, checking, and certificates. As of December 31, 2022, the Credit Union boasted a membership base of 7,462 individuals. The organization's primary focus is on catering to the financial needs of its members, ensuring they have access to the necessary financial tools to manage their finances effectively.
Official website here: www.safeharborcu.org
Who is the CEO of Safe Harbor Credit Union?
Adam Johnson is the Ceo of Safe Harbor Credit Union. The CEO's salary of Safe Harbor Credit Union is $130,470 and their total compensation is $150,765.
Official website here: www.safeharborcu.org
What is the revenue of Safe Harbor Credit Union?
Safe Harbor Credit Union's revenue in 2022 was $6,315,016.
Official website here: www.safeharborcu.org
Who are the executives of Safe Harbor Credit Union and what are their salaries?
The average compensation at Safe Harbor Credit Union during 2022 was $39,818. There are 36 employees and 7 volunteers at Safe Harbor Credit Union.
Here are 8 key members and their salaries (Safe Harbor Credit Union's CEO's salary is $130,470 and their total compensation is $150,765):
- Compensation: $130,470
- Related: $0
- Other: $20,295
- Compensation: $91,807
- Related: $0
- Other: $3,365
- 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.safeharborcu.org
Where can I find the form 990 for Safe Harbor Credit Union?
Safe Harbor Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.safeharborcu.org
Learn more at the official website: www.safeharborcu.org
Mission Statement of Safe Harbor Credit Union
Safe Harbor Credit Union, as per its mission statement, is committed to serving its members by providing a variety of financial services and products. This nonprofit organization aims to cater to the financial needs of its members, offering them various deposit account options such as savings, checking, certificates, and others. At the end of 2022, Safe Harbor Credit Union had a membership of 7,462 individuals, indicating its dedication to serving a significant number of people in the community. The credit union's mission is to ensure that its members have access to financial services and products that can help them manage their finances effectively.
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Impact
October, 2024
Safe Harbor Credit Union plays a vital role in the community by providing a range of financial services and products to its members in Ludington, MI. With a membership base of 7,462 as of December 31, 2022, the credit union offers various deposit account types, including savings, checking, and certificates. This accessibility to essential financial products empowers individuals and families to manage their finances effectively, save for the future, and achieve their financial goals.
By focusing on the needs of its members, Safe Harbor Credit Union enhances financial literacy and stability in the region, ensuring that community members have the resources to make informed decisions. The credit union's commitment to supporting its membership also fosters a sense of community and collaboration, contributing to the overall well-being of Ludington and its residents. Through its tailored services, Safe Harbor Credit Union significantly impacts the local economy and the financial health of its members.
This information is meant to be a general summary of Safe Harbor 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 2022.
- Investment Income: $185,409
- Program Service Revenue: $6,129,607
- Gross Receipts: $6,372,357
Assets and Liabilities:
- Total Assets: $130,837,946
- Total Liabilities: $119,650,107
- Net Assets: $11,187,839
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees & Charges
Revenue
$713,297
Income from Insurance
Revenue
$6,209
Income on Loans
Revenue
$4,850,362
Non-Member ATM Fees
Revenue
$1,535
OIther Program Revenue
Revenue
$558,204
Organization Details
Founding Year
1952
Phone
(231) 843-2323Principal Officer
Adam Johnson
Main Address
5511 W US Highway 10, Ludington, MI, 49431
Website
www.safeharborcu.orgNTEE Category
Code: W60 - Public benefit
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