Landmark Credit Union

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

EIN: 390203995 ✦ New berlin, WI ✦ Designated as a 501(c)(14)

Overview

What is Landmark Credit Union?

Landmark Credit Union is a member-owned, not-for-profit cooperative financial institution based primarily in southeastern Wisconsin. With over 378,000 members, they provide affordable financial services to improve the economic and social conditions of their community. Established under Wisconsin state law, their mission is to encourage savings, create a source of credit at fair rates, and offer opportunities for members to enhance their economic status. Landmark Credit Union employs 1,170 individuals and serves as a cooperative, nonprofit corporation.


Official website here: www.landmarkcu.com

Is Landmark Credit Union legitimate?

Landmark Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Landmark 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $4,455,457
Professional Fundraising Fees: $0
Other Salaries and Wages: $63,991,311

For more financial information, click here


Official website here: www.landmarkcu.com

What is the mission statement of Landmark Credit Union?

Landmark Credit Union is a member-owned, not-for-profit cooperative financial institution. Established under Wisconsin state law, its mission is to encourage savings among its members, serve as a reliable source of credit at fair and reasonable rates, and provide opportunities for economic and social improvement. The credit union aims to offer affordable financial services to over 378,000 members, primarily residing in Southeastern Wisconsin. In summary, Landmark Credit Union exists to foster savings, offer accessible credit, and enhance the financial well-being of its cooperative membership.


Official website here: www.landmarkcu.com

Who is the CEO of Landmark Credit Union?

David Powers is the Treasurer/Ceo/President of Landmark Credit Union. The CEO's salary of Landmark Credit Union is $1,511,260 and their total compensation is $1,593,318.


Official website here: www.landmarkcu.com

What is the revenue of Landmark Credit Union?

Landmark Credit Union's revenue in 2022 was $253,257,967.


Official website here: www.landmarkcu.com

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

The average compensation at Landmark Credit Union during 2022 was $58,502. There are 1,170 employees at Landmark Credit Union.

Here are 21 key members and their salaries (Landmark Credit Union's CEO's salary is $1,511,260 and their total compensation is $1,593,318):

    Jay Magulski (Treasurer/Ceo/President) [Trustee/Director]
  • Compensation: $1,511,260
  • Related: $0
  • Other: $82,058

    • Brian Melter (Cxo)
  • Compensation: $512,653
  • Related: $0
  • Other: $65,197

    • Luke Hesprich (Senior Investment Rep)
  • Compensation: $434,100
  • Related: $0
  • Other: $67,020

    • Mark Kennedy (Clo)
  • Compensation: $424,910
  • Related: $0
  • Other: $62,307

    • Stephen Hannan Jr (Cio)
  • Compensation: $420,210
  • Related: $0
  • Other: $58,937

    • David Powers (Cfo)
  • Compensation: $411,361
  • Related: $0
  • Other: $58,477

    • Adam Newman (Evp)
  • Compensation: $318,506
  • Related: $0
  • Other: $60,130

    • Jodi Greenmeier (Cpo)
  • Compensation: $315,396
  • Related: $0
  • Other: $46,220

    • Ryan Jandris (Svp Digital Stratgey)
  • Compensation: $277,582
  • Related: $0
  • Other: $51,068

    • Robert Bruemmer (Evp)
  • Compensation: $269,986
  • Related: $0
  • Other: $40,001

    • Karen Braun (Supervisor, Mortgage Lendi)
  • Compensation: $262,460
  • Related: $0
  • Other: $42,793

    • Donald Lickel (Svp Mortgage Services)
  • Compensation: $262,967
  • Related: $0
  • Other: $40,007

    • Brian Dorow (Chairperson) [Trustee/Director]
  • Compensation: $27,700
  • Related: $0
  • Other: $0

    • Nancy Dickman (Secretary) [Trustee/Director]
  • Compensation: $24,725
  • Related: $0
  • Other: $0

    • Grace Kostroski (Vice Chairperson) [Trustee/Director]
  • Compensation: $21,908
  • Related: $0
  • Other: $0

    • Jennifer Zierer (Director)
  • Compensation: $18,500
  • Related: $0
  • Other: $0

    • Ailec Gonzalez (Director)
  • Compensation: $18,500
  • Related: $0
  • Other: $0

    • Mike Erwin (Director)
  • Compensation: $18,500
  • Related: $0
  • Other: $0

    • John Schulze Jr (Director)
  • Compensation: $18,500
  • Related: $0
  • Other: $0

    • Nelson Phillips (Director)
  • Compensation: $18,500
  • Related: $0
  • Other: $0

    • Dane Sandersen (Associate Director)
  • Compensation: $9,650
  • Related: $0
  • Other: $0


  • Official website here: www.landmarkcu.com

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

    The Landmark Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.landmarkcu.com

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

    Mission Statement of Landmark Credit Union

    Landmark Credit Union, a member-owned cooperative financial institution, was established with a mission to encourage thrift among its members, create a reliable source of credit at fair and reasonable costs, and provide opportunities for its members to enhance their economic and social conditions. Incorporated under Wisconsin state law, this not-for-profit corporation aims to serve its over 378,000 members primarily residing in southeastern Wisconsin.

    Landmark Credit Union's primary objective is to make a difference in the lives of its members by offering affordable financial services. The cooperative's mission is deeply rooted in the belief that by joining forces, individuals can pool their resources to build a stronger, more prosperous community. As a member, one becomes part of a collective that strives for economic improvement and mutual support, enabling each member to access essential financial tools to help them thrive.

    By acting as a responsible financial partner, Landmark Credit Union empowers its members to make informed financial choices and navigate the complexities of their financial lives. The credit union's commitment to its members extends beyond just providing loans and savings accounts; it also focuses on fostering financial literacy and education. Through this dedication, Landmark Credit Union has become an indispensable resource for its members, helping them achieve financial stability and build a brighter future.

    Impact

    This information is meant to be a general summary of Landmark Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Landmark Credit Union's impact is significant as it provides low-cost financial services to over 378,312 members primarily in southeastern Wisconsin. By operating as a member-owned cooperative financial institution, Landmark Credit Union helps encourage thrift, creates fair credit sources, and offers opportunities for members to enhance their economic and social well-being. Through its public benefit focus, Landmark Credit Union plays a vital role in supporting the financial stability and growth of its members and the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $26,305,219
  • Program Service Revenue: $226,880,001
  • Gross Receipts: $253,842,441

    • Assets and Liabilities:
  • Total Assets: $6,153,508,927
  • Total Liabilities: $5,578,481,174
  • Net Assets: $575,027,753
  • Programs

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

    LOAN INTEREST INCOME

    Revenue

    $167,516,539

    OTHER OPERATING INCOME

    Revenue

    $31,189,266

    FEE REVENUE

    Revenue

    $28,174,196

    Organization Details

    Founding Year

    1933

    Principal Officer

    David Powers

    Main Address

    2775 S MOORLAND ROAD, NEW BERLIN, WI, 53151

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Landmark Credit Union 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.