Overview
What is Michigan One Community Credit Union?
Michigan One Community Credit Union is a nonprofit financial institution located at 510 S Dexter St, Ionia, MI 48846, serving a membership of 19,098 individuals as of December 31, 2022. With a team of 70 dedicated employees, the credit union's primary mission is to provide various financial services and products to its members, such as savings, checking, certificate, and other account types. By offering these financial solutions, Michigan One Community Credit Union aims to support and empower its members in their financial journeys.
Official website here: www.m1ccu.org
What do the Facebook reviews say about Michigan One Community Credit Union?
88% of 43 reviewers on Facebook recommend Michigan One Community Credit Union. Here is a summary of their reviews:
Many employees express a strong sense of pride in their workplace, emphasizing a commitment to providing outstanding member service. Positive remarks highlight a supportive work environment and dedication to the community, pointing to a culture where both employees and members feel valued.
Overall, this nonprofit seems to excel in fulfilling its mission, with members appreciating the quality of service they receive and employees satisfied with their roles. The organization's focus on service excellence stands out prominently in the reviews, suggesting that it truly values the relationships it builds within the community.
This AI summary has been generated from reviews found on Facebook.
Is Michigan One Community Credit Union legitimate?
Michigan One Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Michigan One 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: $878,284
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,431,703
For more financial information, click here
Official website here: www.m1ccu.org
What is the mission statement of Michigan One Community Credit Union?
Michigan One Community Credit Union's mission, as stated, is centered around providing financial services and products to its members. This commitment is evident in the various deposit account options they offer, such as savings, checking, and certificates. The credit union serves a membership of 19,098 individuals as of December 31, 2022. The organization's mission is to cater to the financial needs of its members, aiming to provide them with the necessary financial tools and resources.
Official website here: www.m1ccu.org
Who is the CEO of Michigan One Community Credit Union?
Hailie Patterson is the Ceo of Michigan One Community Credit Union. The CEO's salary of Michigan One Community Credit Union is $188,225 and their total compensation is $214,289.
Official website here: www.m1ccu.org
What is the revenue of Michigan One Community Credit Union?
Michigan One Community Credit Union's revenue in 2022 was $9,672,809.
Official website here: www.m1ccu.org
Who are the executives of Michigan One Community Credit Union and what are their salaries?
The average compensation at Michigan One Community Credit Union during 2022 was $47,286. There are 70 employees and 10 volunteers at Michigan One Community Credit Union.
Here are 12 key members and their salaries (Michigan One Community Credit Union's CEO's salary is $188,225 and their total compensation is $214,289):
- Compensation: $295,148
- Related: $0
- Other: $23,549
- Compensation: $188,225
- Related: $0
- Other: $26,064
- Compensation: $130,212
- Related: $0
- Other: $22,866
- Compensation: $98,705
- Related: $0
- Other: $15,578
- Compensation: $105,949
- Related: $0
- Other: $7,847
- 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.m1ccu.org
Where can I find the form 990 for Michigan One Community Credit Union?
Michigan One Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.m1ccu.org
Learn more at the official website: www.m1ccu.org
Mission Statement of Michigan One Community Credit Union
Michigan One Community Credit Union is committed to serving its members by offering a variety of financial services and products. This credit union's mission is to cater to its members' financial needs, providing them with options such as savings accounts, checking accounts, certificates, and other financial instruments. As of December 31, 2022, the credit union had a membership of 19,098 individuals, demonstrating its commitment to and success in fulfilling its mission.
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Impact
October, 2024
Michigan One Community Credit Union has a significant impact on its member community by offering a range of financial services and products tailored to meet their needs. With a current membership of 19,098 individuals as of December 31, 2022, the credit union plays a crucial role in promoting financial wellness in Ionia, Michigan.
The credit union provides essential services such as various deposit account types, including savings, checking, and certificates. These offerings help members manage their finances effectively, save for future goals, and gain access to reliable banking opportunities. By focusing on the needs of its members, Michigan One Community Credit Union contributes to the economic well-being of the local community and supports individual financial stability.
Overall, the credit union's commitment to its mission fosters a strong sense of community and adds to the overall public benefit of the region.
This information is meant to be a general summary of Michigan One 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $109,588
- Program Service Revenue: $9,563,221
- Gross Receipts: $9,672,809
Assets and Liabilities:
- Total Assets: $200,006,546
- Total Liabilities: $181,934,724
- Net Assets: $18,071,822
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Debit Card Income
Revenue
$1,260,671
Fees and Other Charges
Revenue
$2,732,870
Interest on Loans
Revenue
$5,343,651
Other Operating Income
Revenue
$51,393
VISA Interchange Income
Revenue
$101,270
Organization Details
Founding Year
1954
Phone
(616) 527-3900Principal Officer
Hailie Patterson
Main Address
510 S Dexter St, Ionia, MI, 48846
Website
www.m1ccu.orgNTEE Category
Code: W60 - Public benefit
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