Credit Unions Chartered In The State Of Michigan

Advia Credit Union

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

EIN: 381686050 ✦ Kalamazoo, MI ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Credit Unions Chartered In The State Of Michigan?

Credit Unions Chartered in the State of Michigan, specifically Advia Credit Union, is a nonprofit financial institution based in Kalamazoo, Michigan (Address: 6400 W Main St, ZIP code: 49009). With a team of 729 employees, they offer a wide range of financial products and services to their membership base, aiming to provide financial advantages. Their mission encompasses competitive deposit and loan products, ensuring affordability and accessibility for their members. Established in Michigan, this credit union strives to cater to the financial needs of its community with low-cost, efficient lending options.


Official website here: www.adviacu.org

What are the reviews and ratings of this charity?

Credit Unions Chartered In The State Of Michigan currently does not have a rating from Charity Navigator. The lack of a rating primarily stems from its classification, as it does not fall under the 501(c)(3) category that Charity Navigator evaluates. This absence should not be interpreted as a judgment on the organization’s operations.

While the organization cannot be assessed through Charity Navigator's standard methodologies such as Accountability & Finance or Impact & Measurement, historical data principally mirrored today's Accountability and Finance score. This implies that past evaluations focused on how the organization managed its financial responsibilities.

Overall, the organization's inability to be rated is more a result of its classification within the IRS and not necessarily indicative of its operational efficacy or community impact. There is no user feedback from GreatNonprofits that could provide further insight into personal experiences with the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Credit Unions Chartered In The State Of Michigan legitimate?

Credit Unions Chartered In The State Of Michigan is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Michigan 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: $3,769,694
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,718,245

For more financial information, click here


Official website here: www.adviacu.org

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

Credit Unions Chartered In Michigan prioritize providing financial benefits to their members by offering a comprehensive range of financial products and services. The mission of these credit unions is geared towards delivering competitive deposit and loan options to their membership base. By offering low-cost, competitive lending products, these credit unions aim to help their members manage their finances effectively and earn interest income on their deposits.


Official website here: www.adviacu.org

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

Jeffrey Fielder is the Chief Financial Officer of Credit Unions Chartered In The State Of Michigan. The CEO's salary of Credit Unions Chartered In The State Of Michigan is $2,436,611 and their total compensation is $2,482,580.


Official website here: www.adviacu.org

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

Credit Unions Chartered In The State Of Michigan's revenue in 2022 was $137,191,450.


Official website here: www.adviacu.org

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

The average compensation at Credit Unions Chartered In The State Of Michigan during 2022 was $45,937. There are 729 employees and 6 volunteers at Credit Unions Chartered In The State Of Michigan.


Here are 15 key members and their salaries (Credit Unions Chartered In The State Of Michigan's CEO's salary is $2,436,611 and their total compensation is $2,482,580):


Donna Kalmeta (Secretary/Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Seim (Director/Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Doorn (V. Chair/Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Kalmbach (Chair/Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Bouma (Director/Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Segal (Treasurer/Bod)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Koncsol (President/Ceo)
  • Compensation: $2,436,611
  • Related: $0
  • Other: $45,969
Jeffrey Fielder (Chief Financial Officer)
  • Compensation: $471,456
  • Related: $0
  • Other: $31,785
Raymond Black (Chief Operating Officer)
  • Compensation: $351,826
  • Related: $0
  • Other: $40,971
Timothy Merwin (Chief Lending Officer)
  • Compensation: $357,657
  • Related: $0
  • Other: $33,419
Linden Buck (Vp Of Indirect Services)
  • Compensation: $234,830
  • Related: $0
  • Other: $17,740
Renae Sisk (Vp Of Human Resources)
  • Compensation: $202,384
  • Related: $0
  • Other: $17,483
Eric Stoll (Vp Of Commercial Services)
  • Compensation: $198,974
  • Related: $0
  • Other: $25,422
Robert Moore (Vp Of It)
  • Compensation: $198,826
  • Related: $0
  • Other: $26,314
Nancy Loftis (Vp Of Marketing)
  • Compensation: $195,877
  • Related: $0
  • Other: $11,322


Official website here: www.adviacu.org

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

Credit Unions Chartered In The State Of Michigan's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.adviacu.org

Learn more at the official website: www.adviacu.org

Mission Statement of Credit Unions Chartered In The State Of Michigan

Credit Unions Chartered In Michigan, a nonprofit organization, is dedicated to granting financial advantages to its members by providing a comprehensive range of financial products and services. The mission of this financial cooperative is to offer competitive deposit and loan products to its membership base. By doing so, Credit Unions Chartered In Michigan empowers its members to improve their financial situations and achieve their financial goals.

The organization's commitment to its members extends beyond basic financial services. By providing low-cost, competitive lending products, Credit Unions Chartered In Michigan generates interest income for its members. As a result, members can save money, invest, and build a solid financial foundation. Additionally, the organization's financial expertise and customer-centric approach enable it to tailor its offerings to meet the unique needs of each member.

Credit Unions Chartered In Michigan fosters a strong sense of community among its members. By pooling resources together, members can enjoy the benefits of collective buying power and shared financial knowledge. This cooperative business model not only benefits individual members but also contributes to the overall financial well-being of the community as a whole. With a focus on competitive pricing and personalized services, Credit Unions Chartered In Michigan continues to make a difference in the lives of its members.

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

Credit Unions Chartered In The State Of Michigan plays a significant role in enhancing the financial well-being of its members by offering a comprehensive range of financial products and services designed to be cost-effective and competitive. By providing low-cost lending options, the organization supports its members in achieving their financial goals while also stimulating local economic activity.

Located in Kalamazoo, Michigan, these credit unions are dedicated to delivering both competitive deposit and loan products, which empower members to manage their savings and borrowing needs effectively. This approach not only fosters financial literacy among members but also contributes to overall community development.

The focus on providing financial advantages allows members to access crucial resources such as affordable loans, which can lead to significant savings compared to traditional banking options. Additionally, by prioritizing the needs of the membership base, these credit unions promote a sense of community and economic empowerment, reinforcing their commitment to public benefit.

Overall, Credit Unions Chartered In The State Of Michigan significantly impacts individual members and the broader community by enhancing access to financial services, fostering economic growth, and ensuring that members can achieve greater financial stability.




This information is meant to be a general summary of Credit Unions Chartered In The State Of Michigan. 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
$137,191,450 (2022)
Expenses
$105,425,178 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $19,226,458
  • Program Service Revenue: $117,964,992
  • Gross Receipts: $139,082,759

Assets and Liabilities:

  • Total Assets: $2,892,338,087
  • Total Liabilities: $2,650,318,240
  • Net Assets: $242,019,847

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.

INCOME FROM LOANS

Revenue

$82,334,938

OTHER INCOME

Revenue

$22,226,429

FEES AND CHARGES

Revenue

$12,891,574

FINANCE AND INSURANCE

Revenue

$512,051

Organization Details

Founding Year

1935

Principal Officer

Jeffrey Fielder

Main Address

6400 W MAIN ST, KALAMAZOO, MI, 49009

NTEE Category

Code: W60 - Public benefit

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