Credit Unions Chartered In The State Of Michigan-Meijer Credit Union

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

EIN: 381629407 ✦ Grand rapids, MI ✦ Designated as a 501(c)(14)

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Overview

What is Credit Unions Chartered In The State Of Michigan-Meijer Credit Union?

Credit Unions Chartered In The State Of Michigan-Meijer Credit Union is a nonprofit financial institution based in Grand Rapids, Michigan. With a membership of 15,539 individuals as of December 31, 2022, this credit union offers various deposit account options such as savings, checking, certificates, and others to its members. Its primary mission is to provide financial services and products, contributing to the financial well-being of its members. The credit union is housed at 2410 GAYNOR - PO BOX 141607, and as of the provided information, it employs 51 individuals.


Official website here: www.meijercreditunion.com

Is Credit Unions Chartered In The State Of Michigan-Meijer Credit Union legitimate?

Credit Unions Chartered In The State Of Michigan-Meijer Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Michigan-Meijer 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: $682,121
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,704,122

For more financial information, click here


Official website here: www.meijercreditunion.com

What is the mission statement of Credit Unions Chartered In The State Of Michigan-Meijer Credit Union?

Credit Unions Chartered In The State Of Michigan-Meijer Credit Union is dedicated to offering financial services and products to its members. This non-profit financial institution provides various deposit account options such as savings, checking, certificates, and others. The primary mission of the credit union is to cater to its member's financial needs in a comprehensive manner. As of December 31, 2022, the credit union had a membership of 15,539 individuals.


Official website here: www.meijercreditunion.com

Who is the CEO of Credit Unions Chartered In The State Of Michigan-Meijer Credit Union?

Matthew Yanoschik is the CEO of Credit Unions Chartered In The State Of Michigan-Meijer Credit Union The CEO's salary of Credit Unions Chartered In The State Of Michigan-Meijer Credit Union is $198,576 and their total compensation is $230,344.


Official website here: www.meijercreditunion.com

What is the revenue of Credit Unions Chartered In The State Of Michigan-Meijer Credit Union?

Credit Unions Chartered In The State Of Michigan-Meijer Credit Union's revenue in 2024 was $7,909,380.


Official website here: www.meijercreditunion.com

Who are the executives of Credit Unions Chartered In The State Of Michigan-Meijer Credit Union and what are their salaries?

The average compensation at Credit Unions Chartered In The State Of Michigan-Meijer Credit Union during 2024 was $55,494. There are 43 employees and 10 volunteers at Credit Unions Chartered In The State Of Michigan-Meijer Credit Union.

Here are 10 key members and their salaries (Credit Unions Chartered In The State Of Michigan-Meijer Credit Union's CEO's salary is $198,576 and their total compensation is $230,344):


Matthew Yanoschik (President & Ceo)
  • Compensation: $198,576
  • Related: $0
  • Other: $31,768
Sandy Siedlecki (Coo)
  • Compensation: $133,754
  • Related: $0
  • Other: $21,403
Jordan Kowalkowski (Cfo)
  • Compensation: $135,256
  • Related: $0
  • Other: $15,954
Angela Patterson (Vice President)
  • Compensation: $130,269
  • Related: $0
  • Other: $15,141
Tom Riddle (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Marshall (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenn Abramowski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Adams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Keibler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Richards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.meijercreditunion.com

Where can I find the form 990 for Credit Unions Chartered In The State Of Michigan-Meijer Credit Union?

Credit Unions Chartered In The State Of Michigan-Meijer Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.meijercreditunion.com

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

Mission Statement of Credit Unions Chartered In The State Of Michigan-Meijer Credit Union

Credit Unions Chartered In The State Of Michigan-Meijer Credit Union is dedicated to providing financial services and products to its members. At the heart of its mission, this credit union aims to cater to the financial needs of its members, offering a variety of deposit account options such as savings, checking, certificates, and others. As of December 31, 2022, the credit union has served a membership base of 15,539 individuals.

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Impact




October, 2024

Credit Unions Chartered In The State Of Michigan-Meijer Credit Union plays a significant role in the financial well-being of its members and the local community. By providing a variety of financial services and products, including savings accounts, checking accounts, and certificates, it caters to the diverse needs of its 15,539 members as of December 31, 2022.

Located in Grand Rapids, Michigan, the Credit Union emphasizes member-centric solutions that often feature lower fees and better interest rates compared to traditional banks. This commitment to fostering financial health enables members to save more effectively, manage their finances efficiently, and achieve their personal financial goals.

Moreover, the Credit Union's activities contribute to a sense of community by encouraging members to engage in local initiatives and support one another. By focusing on the financial needs of its members and promoting responsible financial practices, Credit Unions Chartered In The State Of Michigan-Meijer Credit Union enhances the overall economic stability of the area while reinforcing a community-oriented approach to banking.




This information is meant to be a general summary of Credit Unions Chartered In The State Of Michigan-Meijer 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
$7,909,380 (2024)
Expenses
$7,106,370 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $747,264
  • Program Service Revenue: $7,130,906
  • Gross Receipts: $7,909,380

Assets and Liabilities:

  • Total Assets: $85,942,034
  • Total Liabilities: $79,308,500
  • Net Assets: $6,633,534

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Programs

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

FEES AND OTHER INCOME

Revenue

$2,421,751

INTEREST ON LOANS

Revenue

$4,697,979

NON-MEMBER ATM SERVICES

Revenue

$4,746

WARRANTY INCOME

Revenue

$6,430

Organization Details

Founding Year

1958

Principal Officer

Matthew Yanoschik

NTEE Category

Code: W60 - Public benefit

If you are a representative of Credit Unions Chartered In The State Of Michigan-Meijer 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.