Overview
What is Harborlight Credit Union?
Harborlight Credit Union is a member-focused financial institution located at 2151 Cogswell Drive, Whitehall, MI 49461. With a strong commitment to enhancing financial well-being, the Credit Union serves over 10,800 members as of December 31, 2022. Their extensive offerings include various deposit accounts, catering to the diverse financial needs of their members. The Credit Union's core mission is to contribute positively to the financial stability of its members, providing them with the necessary tools and resources to manage their finances effectively. With a dedicated workforce of 55 employees, Harborlight Credit Union is dedicated to supporting its members in their financial journeys.
Official website here: www.harborlightcu.org
Is Harborlight Credit Union legitimate?
Harborlight Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Harborlight 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: $474,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,718,950
For more financial information, click here
Official website here: www.harborlightcu.org
What is the mission statement of Harborlight Credit Union?
Harborlight Credit Union's mission is centered around enhancing the financial well-being of its members. The credit union strives to achieve this goal through its various services and offerings. It provides a range of deposit accounts to its members, aiming to contribute positively to their financial health. As of December 31, 2022, Harborlight Credit Union boasted a membership of 10,801 individuals.
Official website here: www.harborlightcu.org
Who is the CEO of Harborlight Credit Union?
Justin Bamford is the CEO of Harborlight Credit Union The CEO's salary of Harborlight Credit Union is $188,375 and their total compensation is $226,906.
Official website here: www.harborlightcu.org
What is the revenue of Harborlight Credit Union?
Harborlight Credit Union's revenue in 2024 was $9,882,520.
Official website here: www.harborlightcu.org
Who are the executives of Harborlight Credit Union and what are their salaries?
The average compensation at Harborlight Credit Union during 2024 was $46,678. There are 47 employees and 7 volunteers at Harborlight Credit Union.
Here are 10 key members and their salaries (Harborlight Credit Union's CEO's salary is $188,375 and their total compensation is $226,906):
- Compensation: $188,375
- Related: $0
- Other: $38,531
- Compensation: $97,793
- Related: $0
- Other: $28,972
- Compensation: $105,517
- Related: $0
- Other: $15,712
- 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.harborlightcu.org
Where can I find the form 990 for Harborlight Credit Union?
Harborlight Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.harborlightcu.org
Learn more at the official website: www.harborlightcu.org
Mission Statement of Harborlight Credit Union
Harborlight Credit Union, in its mission, is dedicated to enhancing the financial well-being of its members. The credit union offers various deposit account options to its members, aiming to contribute positively to their financial health. As of December 31, 2022, Harborlight Credit Union served a membership base of 10,801 individuals, demonstrating its commitment to its mission. The credit union's actions reflect its dedication to improving the financial well-being of its members, providing them with the tools and resources necessary to manage their finances effectively.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Harborlight Credit Union significantly enhances the financial well-being of its 10,801 members in Whitehall, MI. By offering a variety of deposit accounts, it provides essential financial services that empower individuals to save and manage their finances effectively. Through its commitment to improving members' financial health, the Credit Union fosters a strong sense of community and supports people in achieving their financial goals. This impact extends beyond individual members, contributing to the overall economic stability and growth of the region.
This information is meant to be a general summary of Harborlight 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 2024.
- Investment Income: $963,605
- Program Service Revenue: $8,917,415
- Gross Receipts: $9,882,520
Assets and Liabilities:
- Total Assets: $169,930,532
- Total Liabilities: $157,714,894
- Net Assets: $12,215,638
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES AND OTHER CHARGES
Revenue
$870,356
INSURANCE
Revenue
$16,549
INTERCHANGE INCOME
Revenue
$1,139,651
INTEREST ON LOANS
Revenue
$6,277,319
MISC OTHER OPERATING
Revenue
$612,393
Organization Details
Founding Year
1954
Principal Officer
Justin Bamford
Website
www.harborlightcu.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Harborlight Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.