Overview
What is Credit Union Chartered In Michigan Upper Peninsula State Employees Cu?
Credit Union Chartered In Michigan Upper Peninsula State Employees Cu, herein referred to as U.P. State Credit Union, is a member-owned financial institution located in Escanaba, Michigan. Established with a mission to excel in progressive financial services for its members, the credit union offers various deposit accounts such as savings, checking, certificates, and others. As of December 31, 2022, the credit union boasts a membership of 10,819 individuals. The U.P. State Credit Union is dedicated to being trusted and chosen as the preferred financial institution, demonstrating its commitment to its members. With a workforce of 41 employees, it provides financial services to the community in a member-driven manner.
Official website here: www.upscu.com
Is Credit Union Chartered In Michigan Upper Peninsula State Employees Cu legitimate?
Credit Union Chartered In Michigan Upper Peninsula State Employees Cu is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Union Chartered In Michigan Upper Peninsula State Employees Cu 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: $530,966
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,536,435
For more financial information, click here
Official website here: www.upscu.com
What is the mission statement of Credit Union Chartered In Michigan Upper Peninsula State Employees Cu?
The Credit Union Chartered in Michigan, specifically the Upper Peninsula State Employees Credit Union, is dedicated to delivering exceptional financial services to its membership. Being a member-owned and member-driven organization, they aim to earn the trust and preference of their members. Their mission is to excel in providing progressive financial services, positioning themselves as the preferred financial institution.
Official website here: www.upscu.com
Who is the CEO of Credit Union Chartered In Michigan Upper Peninsula State Employees Cu?
Raymond J Theoret is the CEO of Credit Union Chartered In Michigan Upper Peninsula State Employees Cu The CEO's salary of Credit Union Chartered In Michigan Upper Peninsula State Employees Cu is $204,260 and their total compensation is $253,392.
Official website here: www.upscu.com
What is the revenue of Credit Union Chartered In Michigan Upper Peninsula State Employees Cu?
Credit Union Chartered In Michigan Upper Peninsula State Employees Cu's revenue in 2023 was $7,471,309.
Official website here: www.upscu.com
Who are the executives of Credit Union Chartered In Michigan Upper Peninsula State Employees Cu and what are their salaries?
The average compensation at Credit Union Chartered In Michigan Upper Peninsula State Employees Cu during 2023 was $48,079. There are 43 employees and 16 volunteers at Credit Union Chartered In Michigan Upper Peninsula State Employees Cu.
Here are 12 key members and their salaries (Credit Union Chartered In Michigan Upper Peninsula State Employees Cu's CEO's salary is $204,260 and their total compensation is $253,392):
- Compensation: $204,260
- Related: $0
- Other: $49,132
- Compensation: $125,726
- Related: $0
- Other: $25,453
- Compensation: $106,716
- Related: $0
- Other: $19,679
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.upscu.com
Where can I find the form 990 for Credit Union Chartered In Michigan Upper Peninsula State Employees Cu?
Credit Union Chartered In Michigan Upper Peninsula State Employees Cu's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.upscu.com
Learn more at the official website: www.upscu.com
Mission Statement of Credit Union Chartered In Michigan Upper Peninsula State Employees Cu
The Credit Union Chartered In Michigan Upper Peninsula State Employees Cu is dedicated to delivering outstanding financial services to its membership. As a member-owned and member-driven institution, the credit union aims to earn the trust and preference of its members. The credit union's mission is to provide progressive financial services, which encompasses a variety of deposit account options such as savings, checking, certificates, and others. The credit union's commitment to excellence is evident in its service delivery, striving to be the preferred financial institution for its members.
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Impact
October, 2024
Credit Union Chartered In Michigan Upper Peninsula State Employees Cu significantly impacts the community it serves by providing a range of financial services tailored to its members. With a commitment to excellence, the U.P. State Credit Union focuses on being a trusted and preferred financial institution within the region. Their services include various deposit account types such as savings, checking, and certificates, which cater to the diverse needs of their membership base.
As of December 31, 2022, the credit union had a substantial membership of 10,819 individuals, indicating a strong presence and trust in the financial services offered. As a member-owned and member-driven institution, it fosters a sense of community and belonging among its members, promoting financial literacy and accessibility.
The credit union's mission is centered around progressive financial services, ensuring that members receive up-to-date and reliable options for managing their finances. This focus not only enhances individual financial wellness but also contributes to the overall economic stability of the Upper Peninsula region in Michigan, supporting local development and community initiatives.
This information is meant to be a general summary of Credit Union Chartered In Michigan Upper Peninsula State Employees Cu. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,892,747
- Program Service Revenue: $5,578,562
- Gross Receipts: $7,471,309
Assets and Liabilities:
- Total Assets: $144,827,843
- Total Liabilities: $133,445,363
- Net Assets: $11,382,480
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES & OTHER INCOME
Revenue
$1,395,032
INSURANCE INCOME
Revenue
$11,796
INTEREST ON LOANS
Revenue
$4,162,124
SHARED BRANCHING
Revenue
$9,610
Organization Details
Founding Year
1955
Principal Officer
Raymond J Theoret
Website
www.upscu.comNTEE Category
Code: W60 - Public benefit
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