Filer Credit Union

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

EIN: 386064790 ✦ Manistee, MI ✦ Designated as a 501(c)(14)

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Overview

What is Filer Credit Union?

Filer Credit Union is a member-oriented financial institution located in Manistee, Michigan. Established with a PO Box address, it offers various deposit account options to its members, including savings, checking, certificates, and other types of accounts. The credit union's mission is to foster long-term relationships with its members, aiming to serve them individually and collectively. With a dedicated team of 43 employees, Filer Credit Union strives to enhance the financial well-being of its members, providing them with financial solutions tailored to their needs.


Official website here: www.filercu.com

Is Filer Credit Union legitimate?

Filer Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Filer 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: $352,715
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,186,647

For more financial information, click here


Official website here: www.filercu.com

What is the mission statement of Filer Credit Union?

Filer Credit Union's mission is centered around establishing enduring relationships with each member, one individual at a time. The credit union strives to achieve this objective by offering various deposit account options, such as savings, checking, certificates, and others. This mission is reflected in their day-to-day activities, aiming to build a strong, member-owned organization that caters to the financial needs of its members over the course of their lives.


Official website here: www.filercu.com

Who is the CEO of Filer Credit Union?

Kyle Gurzynski is the President of Filer Credit Union. The CEO's salary of Filer Credit Union is $77,942 and their total compensation is $87,617.


Official website here: www.filercu.com

What is the revenue of Filer Credit Union?

Filer Credit Union's revenue in 2022 was $7,809,519.


Official website here: www.filercu.com

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

The average compensation at Filer Credit Union during 2022 was $35,799. There are 43 employees and 9 volunteers at Filer Credit Union.


Here are 15 key members and their salaries (Filer Credit Union's CEO's salary is $77,942 and their total compensation is $87,617):


Richard Tetsworth (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Cote (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Maternowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Sibley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Bernier (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Soltes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Watson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Wangbichler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg King (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Bialik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Gagliardo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Krus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kaci Kamaloski (Cfo)
  • Compensation: $85,597
  • Related: $0
  • Other: $15,929
Patty Preuss (Ceo)
  • Compensation: $77,942
  • Related: $0
  • Other: $9,675
Kyle Gurzynski (Ceo)
  • Compensation: $137,658
  • Related: $0
  • Other: $25,914


Official website here: www.filercu.com

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

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


Official website here: www.filercu.com

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

Mission Statement of Filer Credit Union

Filer Credit Union is committed to establishing enduring relationships with its members, nurturing them one individual at a time. Their mission is centered around this principle, aiming to build a network of member-owned connections that last a lifetime. The credit union offers various deposit account options, such as savings, checking, certificates, and others, to its members, fostering financial security and growth. By focusing on building long-term relationships, Filer Credit Union seeks to create a supportive and inclusive financial environment for its members, helping them navigate their financial journeys with confidence.

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Impact




October, 2024

Filer Credit Union plays a significant role in fostering financial well-being within the Manistee, MI community. By offering a variety of deposit accounts such as savings, checking, and certificates, the credit union empowers its members to manage their finances effectively and build wealth over time.

The focus on building member-owned, lifelong relationships highlights Filer Credit Union's commitment to personalized service and community engagement. This approach not only strengthens individual financial health but also enhances the overall economic resilience of the area. Through supportive banking practices, Filer Credit Union contributes to public benefit, ensuring that members receive care and resources tailored to their needs, ultimately promoting a robust and interconnected community.




This information is meant to be a general summary of Filer 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
$7,809,519 (2022)
Expenses
$5,147,655 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,751,454
  • Program Service Revenue: $5,447,197
  • Gross Receipts: $9,764,853

Assets and Liabilities:

  • Total Assets: $221,697,993
  • Total Liabilities: $204,428,462
  • Net Assets: $17,269,531

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Programs

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

INCOME ON MEMBER LOANS

Revenue

$4,473,606

FEES AND CHARGES

Revenue

$960,771

NON-MEMBER ATM FEE INCOME

Revenue

$12,820

Organization Details

Founding Year

1951

Principal Officer

Kyle Gurzynski

Main Address

PO BOX 375, MANISTEE, MI, 49660

NTEE Category

Code: W60 - Public benefit

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