Aeroquip Credit Union

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

EIN: 382343676 ✦ Jackson, MI ✦ Designated as a 501(c)(14)

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Overview

What is Aeroquip Credit Union?

Aeroquip Credit Union, based in Jackson, Michigan, is a not-for-profit financial institution primarily dedicated to offering affordable loans and financial services to its members. Established under the Michigan state charter, the credit union's core mission is to cater to its members' financial needs. By providing low-cost loans, Aeroquip Credit Union aims to make financial services more accessible and affordable for its members.


Official website here: www.aeroquipcu.com

Is Aeroquip Credit Union legitimate?

Aeroquip Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Aeroquip 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $607,874

For more financial information, click here


Official website here: www.aeroquipcu.com

What is the mission statement of Aeroquip Credit Union?

Aeroquip Credit Union, as a financial institution, is committed to providing its members with affordable loan options and various financial services. Their mission is centered around this goal, aiming to serve their members financially in the most cost-effective manner possible. This mission statement embodies their dedication to their members, ensuring they have access to essential financial services at reasonable prices.


Official website here: www.aeroquipcu.com

Who is the CEO of Aeroquip Credit Union?

Lisa K Robinson is the Manager/Ceo of Aeroquip Credit Union. The CEO's salary of Aeroquip Credit Union is $0 and their total compensation is $0.


Official website here: www.aeroquipcu.com

What is the revenue of Aeroquip Credit Union?

Aeroquip Credit Union's revenue in 2022 was $2,006,778.


Official website here: www.aeroquipcu.com

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

The average compensation at Aeroquip Credit Union during 2022 was $50,656. There are 12 employees at Aeroquip Credit Union.


Here are 8 key members and their salaries (Aeroquip Credit Union's CEO's salary is $0 and their total compensation is $0):


Lisa K Robinson (Manager/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Way (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Summerfelt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Crez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Sheley (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Delossantos (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Natter (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aida Oliver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aeroquipcu.com

Where can I find the form 990 for Aeroquip Credit Union?

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


Official website here: www.aeroquipcu.com

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

Mission Statement of Aeroquip Credit Union

Aeroquip Credit Union, a financial institution based in Michigan, is dedicated to providing its members with affordable loans and financial services. Its mission is centered around extending financial assistance to its members, ensuring they have access to necessary financial tools. The credit union operates with a commitment to serving its members, aiming to make financial services more affordable and accessible.

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Impact




October, 2024

Aeroquip Credit Union plays a vital role in the financial well-being of its members by offering low-cost loans and a variety of financial services. Located in Jackson, MI, the credit union is dedicated to ensuring that individuals have access to affordable financial resources, which can help foster economic stability within the community. By prioritizing member needs and focusing on providing accessible services, Aeroquip Credit Union supports financial literacy and encourages responsible financial management. This commitment empowers members to achieve their financial goals, thereby positively impacting the broader community.




This information is meant to be a general summary of Aeroquip 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
$2,006,778 (2022)
Expenses
$2,082,546 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $379,375
  • Program Service Revenue: $1,104,112
  • Gross Receipts: $2,006,778

Assets and Liabilities:

  • Total Assets: $54,121,772
  • Total Liabilities: $431,136
  • Net Assets: $53,690,636

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Programs

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

INTEREST ON LOANS TO MEMBERS

Revenue

$1,104,112

Organization Details

Principal Officer

Lisa K Robinson

Main Address

901 PLYMOUTH STREET, JACKSON, MI, 49201

NTEE Category

Code: W60 - Public benefit

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