Total Community Credit Union

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

EIN: 381644983 ✦ Taylor, MI ✦ Designated as a 501(c)(14)

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Overview

What is Total Community Credit Union?

Total Community Credit Union is a member-focused financial institution, located at 25155 Goddard Rd, Taylor, MI 48180. Established with a mission to offer top-notch financial services and products, this credit union prioritizes convenience, value, and exceptional member service. With a membership count of 6,890 as of December 31, 2022, Total Community Credit Union caters to its members by providing various deposit options, such as savings, checking, and certificate accounts, among others. The credit union boasts a dedicated workforce of 32 individuals, ensuring a personalized and reliable service experience.


Official website here: www.tccu.us

Is Total Community Credit Union legitimate?

Total Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Total 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: $272,281
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,060,504

For more financial information, click here


Official website here: www.tccu.us

What is the mission statement of Total Community Credit Union?

Total Community Credit Union, being a member-owned financial institution, is dedicated to delivering top-notch financial services and products. Their primary focus is on offering convenience, value, and exceptional member service. The credit union provides a variety of deposit accounts, including savings, checking, and certificates, to cater to its members' financial needs. As of December 31, 2022, they boast a membership base of 6,890 individuals.


Official website here: www.tccu.us

Who is the CEO of Total Community Credit Union?

Kenneth Nelson is the Treasurer of Total Community Credit Union. The CEO's salary of Total Community Credit Union is $224,319 and their total compensation is $272,281.


Official website here: www.tccu.us

What is the revenue of Total Community Credit Union?

Total Community Credit Union's revenue in 2022 was $4,439,149.


Official website here: www.tccu.us

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

The average compensation at Total Community Credit Union during 2022 was $41,650. There are 32 employees and 6 volunteers at Total Community Credit Union.


Here are 7 key members and their salaries (Total Community Credit Union's CEO's salary is $224,319 and their total compensation is $272,281):


Susette Schirm (President & Ceo)
  • Compensation: $224,319
  • Related: $0
  • Other: $47,962
Robert Merriman (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Britt (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Nelson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Danville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Tanner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tccu.us

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

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


Official website here: www.tccu.us

Learn more at the official website: www.tccu.us

Mission Statement of Total Community Credit Union

Total Community Credit Union, as a member-owned financial institution, is dedicated to offering top-tier financial services and products. This commitment is centered around convenience, value, and delivering exceptional member service. The credit union aims to meet its members' financial needs effectively, ensuring they receive the best possible experience. With a strong focus on quality, Total Community Credit Union provides various deposit account options, including savings, checking, certificates, and other types of accounts. As of December 31, 2022, the credit union boasted a membership of 6,890. This data underscores the credit union's success in connecting with and serving its community.

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Impact




October, 2024

Total Community Credit Union has a significant impact on its members and the local community in Taylor, MI. As a member-owned financial institution, it prioritizes convenience, value, and excellent member service, ensuring that individuals have access to quality financial products tailored to their needs. With a diverse range of deposit account options—including savings, checking, and certificates—Total Community Credit Union supports financial well-being and encourages savings among its 6,890 members as of December 31, 2022.

By focusing on member needs and community engagement, the Credit Union fosters a sense of belonging and trust. Its commitment to providing accessible financial services contributes to the economic stability of the community. Additionally, the emphasis on public benefit ensures that Total Community Credit Union plays a vital role in promoting financial literacy and inclusivity, empowering its members to achieve their financial goals. Overall, Total Community Credit Union's impact resonates not just within its membership, but also across the broader Taylor community.




This information is meant to be a general summary of Total 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
$4,439,149 (2022)
Expenses
$3,233,987 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $658,178
  • Program Service Revenue: $3,780,971
  • Gross Receipts: $4,448,721

Assets and Liabilities:

  • Total Assets: $98,918,041
  • Total Liabilities: $91,959,054
  • Net Assets: $6,958,987

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Programs

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

ATM Surcharge Fees

Revenue

$6,222

Fees and Charges

Revenue

$561,293

ID Protect

Revenue

$27,578

Interest on Loans

Revenue

$2,329,515

Other Operating Income

Revenue

$856,363

Organization Details

Founding Year

1960

Principal Officer

Kenneth Nelson

Main Address

25155 Goddard Rd, Taylor, MI, 48180

NTEE Category

Code: W60 - Public benefit

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