Overview
What is Co-Op Credit Union?
Co-Op Credit Union is a member-focused financial institution based in Black River Falls, Wisconsin. With over 21,500 members, they offer deposit, transaction, and investment accounts. In the year 2022, they expanded their membership base by opening 5,478 new accounts. Their mission is to serve their members effectively throughout all stages of life, regardless of location. The credit union boasts a workforce of 112 dedicated employees.
Official website here: www.coopcu.com
Is Co-Op Credit Union legitimate?
Co-Op Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Co-Op 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: $1,650,283
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,134,419
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Official website here: www.coopcu.com
What is the mission statement of Co-Op Credit Union?
The Co-Op Credit Union is dedicated to serving its members at every stage of their lives. This commitment is reflected in its mission to provide financial services where they are needed most. With over 21,500 members, the credit union had a significant presence in 2021, with 5,478 new accounts opened during the year. The institution continues to expand its reach, ensuring that it remains accessible to its members throughout their financial journey. By placing its members at the heart of its operations, Co-Op Credit Union aims to build strong, lasting relationships and help them achieve their financial goals.
Official website here: www.coopcu.com
Who is the CEO of Co-Op Credit Union?
Eric Chrisinger is the Pres/Ceo of Co-Op Credit Union. The CEO's salary of Co-Op Credit Union is $859,066 and their total compensation is $1,063,461.
Official website here: www.coopcu.com
What is the revenue of Co-Op Credit Union?
Co-Op Credit Union's revenue in 2022 was $18,627,722.
Official website here: www.coopcu.com
Who are the executives of Co-Op Credit Union and what are their salaries?
The average compensation at Co-Op Credit Union during 2022 was $42,721. There are 112 employees and 12 volunteers at Co-Op Credit Union.
Here are 13 key members and their salaries (Co-Op Credit Union's CEO's salary is $859,066 and their total compensation is $1,063,461):
- Compensation: $8,395
- Related: $0
- Other: $0
- Compensation: $8,450
- Related: $0
- Other: $0
- Compensation: $7,771
- Related: $0
- Other: $0
- Compensation: $7,482
- Related: $0
- Other: $0
- Compensation: $7,495
- Related: $0
- Other: $0
- Compensation: $6,390
- Related: $0
- Other: $0
- Compensation: $7,757
- Related: $0
- Other: $0
- Compensation: $859,066
- Related: $0
- Other: $204,395
- Compensation: $124,012
- Related: $0
- Other: $24,730
- Compensation: $109,803
- Related: $0
- Other: $21,889
- Compensation: $100,123
- Related: $0
- Other: $21,019
- Compensation: $106,221
- Related: $0
- Other: $25,285
- Compensation: $105,258
- Related: $0
- Other: $12,234
Official website here: www.coopcu.com
Where can I find the form 990 for Co-Op Credit Union?
Co-Op Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coopcu.com
Learn more at the official website: www.coopcu.com
Mission Statement of Co-Op Credit Union
Co-Op Credit Union, a committed financial institution, is dedicated to serving its members at every stage of their lives. With a mission to put its members first, the credit union offers a range of deposit, transaction, and investment accounts to cater to their financial needs.
At the end of the previous year, Co-Op Credit Union had the privilege of serving 21,564 members through these accounts. In 2022, the credit union continued to expand its reach by opening 5,478 new accounts, further solidifying its role as a trusted financial partner for its members. The credit union's unwavering commitment to its members is evident in its everyday operations, as it strives to provide them with the financial tools they need to succeed.
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Impact
October, 2024
Co-Op Credit Union is dedicated to serving its members at every stage of their financial journey. With a strong presence in Black River Falls, Wisconsin, the credit union boasts over 21,564 members and a diverse range of deposit, transaction, and investment accounts. In 2022 alone, Co-Op Credit Union expanded its reach by opening 5,478 new accounts, reflecting its commitment to providing accessible financial services tailored to the needs of the community. By prioritizing the financial well-being of its members, Co-Op Credit Union plays a significant role in enhancing the economic stability and growth of individuals and families in the region.
This information is meant to be a general summary of Co-Op 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,739,185
- Program Service Revenue: $16,841,025
- Gross Receipts: $18,960,070
Assets and Liabilities:
- Total Assets: $497,735,230
- Total Liabilities: $444,155,627
- Net Assets: $53,579,603
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$14,104,042
MEMBER ACCOUNT FEES
Revenue
$1,973,783
OTHER MEMBER INCOME
Revenue
$430,804
INSURANCE SALES
Revenue
$249,183
OFFICER LOAN & AMORT INCOME
Revenue
$74,915
Organization Details
Founding Year
1938
Phone
(715) 284-5333Principal Officer
Eric Chrisinger
Main Address
100 E MAIN ST, BLACK RIVER FALLS, WI, 54615
Website
www.coopcu.comNTEE Category
Code: W60 - Public benefit
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