Eastpointe Community Credit Union

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

EIN: 381620440 ✦ Eastpointe, MI ✦ Designated as a 501(c)(14)

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Overview

What is Eastpointe Community Credit Union?

Eastpointe Community Credit Union is a financial institution based in Eastpointe, Michigan, specifically at 22544 Gratiot Ave, offering various deposit accounts such as savings, checking, certificates, and other types to its 1,471 members as of December 31, 2022. The credit union is committed to providing top-notch financial services to its members at competitive rates, ensuring its long-term financial stability while maintaining a personal touch. With a team of five dedicated employees, Eastpointe Community Credit Union prides itself on being large enough to handle its members' financial needs effectively, yet small enough to genuinely care about its members' financial well-being.


Official website here: www.eastpointeccu.com

Is Eastpointe Community Credit Union legitimate?

Eastpointe Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Eastpointe Community 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: $177,576
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,763

For more financial information, click here


Official website here: www.eastpointeccu.com

What is the mission statement of Eastpointe Community Credit Union?

Eastpointe Community Credit Union's mission is centered around providing top-notch financial services to its members. This is achieved by offering competitive rates and ensuring the Credit Union's financial stability in the long term. The Credit Union maintains a balance between being large enough to handle various financial needs effectively and small enough to offer personalized care to its members.


Official website here: www.eastpointeccu.com

Who is the CEO of Eastpointe Community Credit Union?

David Lafayette is the Coo of Eastpointe Community Credit Union.


Official website here: www.eastpointeccu.com

What is the revenue of Eastpointe Community Credit Union?

Eastpointe Community Credit Union's revenue in 2022 was $514,280.


Official website here: www.eastpointeccu.com

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

The average compensation at Eastpointe Community Credit Union during 2022 was $42,668. There are 5 employees and 8 volunteers at Eastpointe Community Credit Union.


Here are 7 key members and their salaries:


David Lafayette (Coo)
  • Compensation: $79,184
  • Related: $0
  • Other: $11,434
Theresa Hing (Manager)
  • Compensation: $67,898
  • Related: $0
  • Other: $19,060
Rebecca Hertel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Mccabe (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ayda Berro (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Mathison (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Szukala (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eastpointeccu.com

Where can I find the form 990 for Eastpointe Community Credit Union?

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


Official website here: www.eastpointeccu.com

Learn more at the official website: www.eastpointeccu.com

Mission Statement of Eastpointe Community Credit Union

Eastpointe Community Credit Union, with its mission statement, is dedicated to delivering superior financial services to its members at affordable rates. The credit union aspires to preserve its financial stability in the long term, while simultaneously demonstrating a personal touch in its operations. By maintaining a balance between size and care, Eastpointe Community Credit Union is capable of handling a wide range of financial needs while still offering a level of individualized attention.

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Impact




October, 2024

Eastpointe Community Credit Union significantly impacts its members and the community by offering a range of financial services designed to meet diverse needs. With a focus on providing competitive rates and maintaining long-term financial stability, it ensures that its 1,471 members have access to essential banking services. The credit union offers various deposit account types, including savings, checking, and certificates, catering to the financial goals of individuals and families.

Located in Eastpointe, MI, Eastpointe Community Credit Union emphasizes personalized service, striking a balance between being large enough to facilitate comprehensive financial solutions while remaining small enough to genuinely care for its members. This commitment fosters a supportive environment that empowers individuals to achieve their financial objectives, ultimately contributing to the economic well-being of the community as a whole.




This information is meant to be a general summary of Eastpointe Community 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
$514,280 (2022)
Expenses
$490,474 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $65,756
  • Program Service Revenue: $448,524
  • Gross Receipts: $514,280

Assets and Liabilities:

  • Total Assets: $10,723,691
  • Total Liabilities: $10,387,279
  • Net Assets: $336,412

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Programs

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

Fees & Charges

Revenue

$185,139

Insurance Reimbursements

Revenue

$959

Interest on Loans

Revenue

$262,426

Organization Details

Principal Officer

David Lafayette

Main Address

22544 Gratiot Ave, Eastpointe, MI, 48021

NTEE Category

Code: W60 - Public benefit

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