Isabella Community Credit Union

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

EIN: 381646635 ✦ Mt pleasant, MI ✦ Designated as a 501(c)(14)

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Overview

What is Isabella Community Credit Union?

Isabella Community Credit Union is a nonprofit financial institution situated in MT PLEASANT, MI (48804). Its primary mission is to serve its 13,339 member-owners, offering various financial services such as regular savings, share drafts, certificates of deposit, IRAs, club accounts, health savings, and money market accounts, totaling 31,461. This credit union is committed to fostering lasting relationships with its members as a reliable financial partner. With a workforce of 67 employees, Isabella Community Credit Union aims to provide financial services to its members who share a common bond.


Official website here: www.iccuonline.com

Is Isabella Community Credit Union legitimate?

Isabella Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Isabella 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: $320,266
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,927,879

For more financial information, click here


Official website here: www.iccuonline.com

What is the mission statement of Isabella Community Credit Union?

Isabella Community Credit Union's mission is centered around establishing lasting relationships with its member-owners, serving as a reliable and trusted financial partner. The credit union's primary goal is to provide a wide range of financial services, including savings accounts, share drafts, certificates of deposit, IRAs, club accounts, health savings accounts, and money market accounts, to its 13,339 members. By offering these services, Isabella Community Credit Union aims to build strong relationships with its members, providing them with the financial tools they need to manage their finances effectively.


Official website here: www.iccuonline.com

Who is the CEO of Isabella Community Credit Union?

Jenny Hoyle is the Chairperson of Isabella Community Credit Union. The CEO's salary of Isabella Community Credit Union is $175,438 and their total compensation is $202,241.


Official website here: www.iccuonline.com

What is the revenue of Isabella Community Credit Union?

Isabella Community Credit Union's revenue in 2022 was $7,954,227.


Official website here: www.iccuonline.com

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

The average compensation at Isabella Community Credit Union during 2022 was $33,554. There are 67 employees and 10 volunteers at Isabella Community Credit Union.


Here are 11 key members and their salaries (Isabella Community Credit Union's CEO's salary is $175,438 and their total compensation is $202,241):


Tina Powell (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Kenny (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Denslow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Chamberlain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Metro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Schafer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Schafer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emma Neiporte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Wybenga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Hoyle (President/Ceo)
  • Compensation: $175,438
  • Related: $0
  • Other: $26,803
Sue Lillich (Cfo)
  • Compensation: $102,006
  • Related: $0
  • Other: $16,019


Official website here: www.iccuonline.com

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

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


Official website here: www.iccuonline.com

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

Mission Statement of Isabella Community Credit Union

Isabella Community Credit Union is committed to establishing long-term relationships with its member-owners, acting as a reliable financial partner. Their primary mission is to provide a variety of financial services, including regular savings, share drafts, certificates of deposit, IRA, club, health savings, and money market accounts. By offering these services, the credit union aims to cater to the financial needs of its 13,339 members, totalling 31,461 accounts. In doing so, Isabella Community Credit Union seeks to build trust and foster strong connections with its members, ultimately aiming to enrich their financial well-being.

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Impact




October, 2024

Isabella Community Credit Union significantly enhances the financial well-being of its 13,339 members in Mount Pleasant, Michigan, by providing a diverse range of financial services tailored to the needs of the community. Its offerings include regular savings accounts, share drafts, certificates of deposit, IRAs, club accounts, health savings accounts, and money market accounts, which collectively total 31,461 accounts. By prioritizing member relationships and focusing on trust, the credit union fosters a sense of community and support, enabling members to achieve their financial goals and build secure futures. Through its commitment to serving individuals with a common bond, Isabella Community Credit Union not only meets immediate financial needs but also contributes to the overall economic health of the region.




This information is meant to be a general summary of Isabella 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
$7,954,227 (2022)
Expenses
$6,339,928 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $990,935
  • Program Service Revenue: $6,965,739
  • Gross Receipts: $9,148,940

Assets and Liabilities:

  • Total Assets: $184,759,950
  • Total Liabilities: $170,962,930
  • Net Assets: $13,797,020

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Programs

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

LOAN INTEREST INCOME

Revenue

$4,509,596

FEE AND OTHER INCOME

Revenue

$2,403,728

FINANCE AND INSURANCE

Revenue

$52,415

Organization Details

Founding Year

1958

Principal Officer

Jenny Hoyle

Main Address

PO BOX 427, MT PLEASANT, MI, 48804

NTEE Category

Code: W60 - Public benefit

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