Gabriels Community Credit Union

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

EIN: 381676999 ✦ Lansing, MI ✦ Designated as a 501(c)(14)

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Overview

What is Gabriels Community Credit Union?

Gabriels Community Credit Union is a nonprofit organization located at 1901 E Michigan Avenue, Lansing, MI 48912. This credit union offers various deposit account options such as savings, checking, certificates, and more to its members. As of December 31, 2022, it has a membership base of 2,748 individuals. The main objective of Gabriels Community Credit Union is to provide financial services and products to its members, aiming to meet their financial needs effectively. The credit union employs a team of 19 dedicated individuals to serve its members.


Official website here: www.gabrielscu.com

Is Gabriels Community Credit Union legitimate?

Gabriels Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Gabriels 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: $176,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $525,820

For more financial information, click here


Official website here: www.gabrielscu.com

What is the mission statement of Gabriels Community Credit Union?

Gabriels Community Credit Union's mission is centered around providing financial services and products to its members. This mission is carried out through offering various deposit account types, such as savings, checking, certificates, and others. The credit union serves a member base of 2,748 individuals as of December 31, 2022. In essence, the credit union's objective is to cater to its members' financial needs by offering a range of products and services.


Official website here: www.gabrielscu.com

Who is the CEO of Gabriels Community Credit Union?

Malissa Richardson is the Ceo of Gabriels Community Credit Union. The CEO's salary of Gabriels Community Credit Union is $140,500 and their total compensation is $176,279.


Official website here: www.gabrielscu.com

What is the revenue of Gabriels Community Credit Union?

Gabriels Community Credit Union's revenue in 2022 was $2,722,307.


Official website here: www.gabrielscu.com

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

The average compensation at Gabriels Community Credit Union during 2022 was $36,953. There are 19 employees and 8 volunteers at Gabriels Community Credit Union.


Here are 6 key members and their salaries (Gabriels Community Credit Union's CEO's salary is $140,500 and their total compensation is $176,279):


Malissa Richardson (Ceo)
  • Compensation: $140,500
  • Related: $0
  • Other: $35,779
Charles Dion (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Murdoch (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie St Marie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loren Deyoung (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Byers (Secretary Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gabrielscu.com

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

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


Official website here: www.gabrielscu.com

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

Mission Statement of Gabriels Community Credit Union

Gabriels Community Credit Union, as stated in its mission description, is committed to providing financial services and products to its members. In simpler terms, this nonprofit organization aims to cater to the financial needs of its members by offering various deposit account options such as savings, checking, certificates, and others. The credit union's primary objective is to serve its members effectively, as evident by the 2,748 members it had by December 31, 2022.

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Impact




October, 2024

Gabriels Community Credit Union plays a significant role in enhancing the financial well-being of its members in Lansing, MI. By offering a variety of financial services and products, including savings, checking accounts, and certificates, the credit union empowers 2,748 members to manage their finances more effectively. This access to essential financial tools fosters greater economic stability within the community, enabling individuals to save for future goals, manage daily expenses, and plan for unexpected financial needs. The credit union's commitment to its members not only supports personal financial growth but also contributes to the overall economic health of the Lansing area.




This information is meant to be a general summary of Gabriels 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
$2,722,307 (2022)
Expenses
$1,866,259 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $75,203
  • Program Service Revenue: $2,647,104
  • Gross Receipts: $2,722,307

Assets and Liabilities:

  • Total Assets: $35,016,585
  • Total Liabilities: $31,254,370
  • Net Assets: $3,762,215

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Programs

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

Fees and Charges

Revenue

$429,750

Insurance

Revenue

$23,639

Interchange Income

Revenue

$116,221

Interest on Loans

Revenue

$1,745,844

Operating Income

Revenue

$331,650

Organization Details

Founding Year

1957

Principal Officer

Malissa Richardson

Main Address

1901 E Michigan Avenue, Lansing, MI, 48912

NTEE Category

Code: W60 - Public benefit

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