Overview
What is 4Front Credit Union?
4Front Credit Union is a financial institution located in Traverse City, Michigan. Serving a membership of over 99,952 individuals as of December 31, 2022, they offer various deposit account types such as savings, checking, certificates of deposits, and more. The credit union's mission is to extend financial services to individuals who share a common bond. With a workforce of 323 employees, they are dedicated to providing essential financial services to their members.
Official website here: www.4frontcu.com
Is 4Front Credit Union legitimate?
4Front Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. 4Front 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: $492,145
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,076,391
For more financial information, click here
Official website here: www.4frontcu.com
What is the mission statement of 4Front Credit Union?
The 4Front Credit Union is committed to offering financial services to a group of individuals who share a common bond. This mission is reflected in their everyday activities. They provide various deposit account options for their members, such as savings, checking, and certificates of deposits, among others. As of December 31, 2022, the credit union had a membership base of 99,952 people. The organization's primary goal is to provide financial services that cater to the needs of its members, fostering a sense of community and mutual support. Through these offerings, the credit union aims to help its members manage their finances effectively and securely.
Official website here: www.4frontcu.com
Who is the CEO of 4Front Credit Union?
Andrew Kempf is the Ceo of 4Front Credit Union. The CEO's salary of 4Front Credit Union is $415,129 and their total compensation is $492,145.
Official website here: www.4frontcu.com
What is the revenue of 4Front Credit Union?
4Front Credit Union's revenue in 2022 was $56,680,662.
Official website here: www.4frontcu.com
Who are the executives of 4Front Credit Union and what are their salaries?
The average compensation at 4Front Credit Union during 2022 was $38,912. There are 323 employees and 9 volunteers at 4Front Credit Union.
Here are 15 key members and their salaries (4Front Credit Union's CEO's salary is $415,129 and their total compensation is $492,145):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $415,129
- Related: $0
- Other: $77,016
- Compensation: $315,303
- Related: $0
- Other: $48,921
- Compensation: $225,371
- Related: $0
- Other: $56,712
- Compensation: $189,994
- Related: $0
- Other: $23,587
- Compensation: $169,674
- Related: $0
- Other: $26,912
- Compensation: $159,317
- Related: $0
- Other: $27,344
Official website here: www.4frontcu.com
Where can I find the form 990 for 4Front Credit Union?
4Front Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.4frontcu.com
Learn more at the official website: www.4frontcu.com
Mission Statement of 4Front Credit Union
4Front Credit Union, with its mission to provide financial services to a community of members, aims to serve and support its membership effectively. This financial institution offers various deposit account types to its members, enabling them to save, manage, and grow their funds. 4Front Credit Union's commitment to its members extends beyond basic financial services, with a total membership count of 99,952 as of December 31, 2022.
In simple terms, 4Front Credit Union exists to cater to the financial needs of its members, offering them a range of deposit account options. These accounts include savings, checking, certificates of deposit, and others. By providing these services, the credit union empowers its members to manage their finances, accumulate savings, and secure their financial future. 4Front Credit Union's dedication to its mission and its impressive membership base underscores its importance and impact within the financial sector.
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Impact
October, 2024
4Front Credit Union plays a vital role in the financial well-being of its members by offering a variety of financial services that cater to their needs. With nearly 100,000 members, the credit union provides essential services such as savings accounts, checking accounts, and certificates of deposit, helping individuals and families in Traverse City, Michigan, and surrounding areas manage their finances effectively.
By focusing on members with a common bond, 4Front Credit Union fosters a sense of community and support among its clientele. This emphasis on member-centric financial services promotes financial literacy, savings, and responsible banking practices, ultimately contributing to the overall economic health of the region. Through its tailored offerings and commitment to serving its members, 4Front Credit Union enhances the financial landscape, making it more accessible and beneficial for everyone involved.
This information is meant to be a general summary of 4Front 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: $1,913,130
- Program Service Revenue: $54,630,812
- Gross Receipts: $68,518,192
Assets and Liabilities:
- Total Assets: $1,009,844,526
- Total Liabilities: $933,681,311
- Net Assets: $76,163,215
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$37,955,363
OTHER PROGRAM SERVICE REVENUE
Revenue
$9,640,546
FEES & CHARGES
Revenue
$7,034,903
Organization Details
Founding Year
1954
Phone
(231) 929-2000Principal Officer
Andrew Kempf
Main Address
PO BOX 795, TRAVERSE CITY, MI, 49685
Website
www.4frontcu.comNTEE Category
Code: W60 - Public benefit
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