Overview
What is Credit Union Advantage?
Credit Union Advantage is a nonprofit organization situated in Southfield, Michigan, specifically at 22250 Providence Dr, 48075. Their primary mission is to offer a variety of secure and innovative financial services to their members, ensuring access to deposit accounts such as savings, checking, certificates, and others. As of December 31, 2022, the organization boasts a membership base of 2,335 individuals. The Credit Union Advantage team comprises 11 dedicated employees who work diligently to uphold the organization's commitment to its members.
Official website here: www.cuadvantage.coop
Is Credit Union Advantage legitimate?
Credit Union Advantage is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Union Advantage 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: $168,284
Professional Fundraising Fees: $0
Other Salaries and Wages: $166,453
For more financial information, click here
Official website here: www.cuadvantage.coop
What is the mission statement of Credit Union Advantage?
Credit Union Advantage, as a financial institution, is dedicated to offering its members a variety of secure, innovative, and convenient financial products and services. It is committed to catering to its members' financial needs exclusively, ensuring their safety and convenience at all times. The credit union provides various deposit account options, including savings, checking, certificates, and others. As of December 31, 2022, the total number of members stood at 2,335.
Official website here: www.cuadvantage.coop
Who is the CEO of Credit Union Advantage?
Janice Zuchowicz is the Ceo of Credit Union Advantage. The CEO's salary of Credit Union Advantage is $152,075 and their total compensation is $168,284.
Official website here: www.cuadvantage.coop
What is the revenue of Credit Union Advantage?
Credit Union Advantage's revenue in 2022 was $1,390,903.
Official website here: www.cuadvantage.coop
Who are the executives of Credit Union Advantage and what are their salaries?
The average compensation at Credit Union Advantage during 2022 was $30,431. There are 11 employees and 9 volunteers at Credit Union Advantage.
Here are 8 key members and their salaries (Credit Union Advantage's CEO's salary is $152,075 and their total compensation is $168,284):
- Compensation: $152,075
- Related: $0
- Other: $16,209
- 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.cuadvantage.coop
Where can I find the form 990 for Credit Union Advantage?
Credit Union Advantage's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cuadvantage.coop
Learn more at the official website: www.cuadvantage.coop
Mission Statement of Credit Union Advantage
Credit Union Advantage, as a financial institution, is dedicated to delivering a variety of secure, reliable, and innovative financial products and services specifically tailored for its members. Their commitment is to ensure that these offerings are both safe and convenient, catering exclusively to their member base. The organization provides a diverse selection of deposit accounts, including savings, checking, certificates, and other types, to meet the financial needs of its members. As of December 31, 2022, Credit Union Advantage boasts a membership of 2,335 individuals.
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Impact
October, 2024
Credit Union Advantage plays a vital role in the financial well-being of its members by offering a variety of safe and convenient financial products and services tailored to meet their needs. With a membership base of 2,335 as of December 31, 2022, the credit union fosters a sense of community and provides access to essential banking services such as savings accounts, checking accounts, and certificates of deposit. By focusing exclusively on its members, Credit Union Advantage ensures that the benefits and services provided are aligned with their financial goals and interests, promoting overall financial health and stability in Southfield, MI. This commitment to innovation and security enables members to confidently manage their finances while contributing to the collective welfare of the community.
This information is meant to be a general summary of Credit Union Advantage. 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 2022.
- Investment Income: $333,063
- Program Service Revenue: $1,057,840
- Gross Receipts: $1,640,903
Assets and Liabilities:
- Total Assets: $31,067,431
- Total Liabilities: $29,279,440
- Net Assets: $1,787,991
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ATM Revenue
Revenue
$17,310
Insurance Revenue
Revenue
$6,836
Interest on Loans
Revenue
$433,182
Other Fees & Charges
Revenue
$554,988
Visa Interchange Income
Revenue
$45,524
Organization Details
Founding Year
1969
Phone
(248) 996-6070Principal Officer
Janice Zuchowicz
Main Address
22250 Providence Dr, Southfield, MI, 48075
Website
www.cuadvantage.coopNTEE Category
Code: W60 - Public benefit
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