Fort Community Credit Union

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

EIN: 390851648 ✦ Fort atkinson, WI ✦ Designated as a 501(c)(14)

Overview

What is Fort Community Credit Union?

Fort Community Credit Union is a nonprofit financial institution based in Fort Atkinson, Wisconsin. With a mission to encourage savings among its members and provide affordable credit, the credit union had a total of 96 employees as of the end of 2022. In that year, they funded 4,924 loans across various categories, including mortgages, home equity lines, consumer loans, and credit card accounts, totaling $217,375,334 in loans. The credit union's purpose extends beyond financial services, aiming to help each member improve their financial and social conditions. As of December 2022, it managed $101,490,485 in mortgages and home equity lines, $100,422,180 in consumer loans, $15,317,367 in business loans, and $5,253,364 in credit card accounts.


Official website here: www.fortcommunity.com

Is Fort Community Credit Union legitimate?

Fort Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Fort Community 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: $802,981
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,126,352

For more financial information, click here


Official website here: www.fortcommunity.com

What is the mission statement of Fort Community Credit Union?

Fort Community Credit Union's primary objectives are to encourage savings among its members, create a source of affordable credit, and assist members in enhancing their economic and social conditions. The credit union's mission goes beyond these objectives, aiming to help every member achieve a better financial position than when they first joined. During the year 2022, the credit union funded over 4,900 loans. By the end of the same year, it managed significant loan balances, including $101.5 million in mortgages and home equity lines, $100.4 million in consumer loans, $15.3 million in business loans, and $5.3 million in credit card accounts.


Official website here: www.fortcommunity.com

Who is the CEO of Fort Community Credit Union?

Susan Johnson is the Chair of Fort Community Credit Union. The CEO's salary of Fort Community Credit Union is $250,788 and their total compensation is $280,125.


Official website here: www.fortcommunity.com

What is the revenue of Fort Community Credit Union?

Fort Community Credit Union's revenue in 2022 was $12,052,203.


Official website here: www.fortcommunity.com

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

The average compensation at Fort Community Credit Union during 2022 was $40,931. There are 96 employees and 7 volunteers at Fort Community Credit Union.

Here are 16 key members and their salaries (Fort Community Credit Union's CEO's salary is $250,788 and their total compensation is $280,125):

    Susan Johnson (Chief Executive Officer)
  • Compensation: $250,788
  • Related: $0
  • Other: $29,337

    • Michael Gorman (Mortgage Loan Officer)
  • Compensation: $117,835
  • Related: $0
  • Other: $36,832

    • Danielle Frawley (Chief Lending Off. (Thru 11/2022))
  • Compensation: $129,027
  • Related: $0
  • Other: $10,936

    • Kevin Paynter (Chief Lending Officer)
  • Compensation: $91,515
  • Related: $0
  • Other: $29,074

    • Meghan Bernath (Chief Operating Officer)
  • Compensation: $92,669
  • Related: $0
  • Other: $17,215

    • Joshuah Kline (Chief Financial Officer)
  • Compensation: $86,746
  • Related: $0
  • Other: $17,826

    • Jeffrey Scheuerell (Chief Experience Officer)
  • Compensation: $79,364
  • Related: $0
  • Other: $2,255

    • Robyn Newcomb (Chief Experience Off. (Thru 03/2022))
  • Compensation: $42,661
  • Related: $0
  • Other: $4,593

    • Richard Austin (Chief Financial Off. (Thru 01/2022))
  • Compensation: $40,679
  • Related: $0
  • Other: $1,724

    • Dianne Butt (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernest Witzke (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phillip Ristow (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Nevermann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Bare (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rosalinda Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Collin W Stevens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fortcommunity.com

    Where can I find the form 990 for Fort Community Credit Union?

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


    Official website here: www.fortcommunity.com

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

    Mission Statement of Fort Community Credit Union

    Fort Community Credit Union, a financially-focused organization, strives to better the economic and social conditions of its members. Established with the intent to encourage savings among its members, the credit union offers affordable credit and serves as a reliable source for improving members' financial positions. The mission of Fort Community Credit Union is multifaceted, aimed at providing opportunities for members to enhance their financial wellbeing.

    Throughout the year 2022, Fort Community Credit Union extended assistance to 4,924 members in the form of loans, granting them the means to improve their financial situations. The credit union's portfolio consisted of $101,490,485 in mortgages and home equity lines, $100,422,180 in consumer loans, $15,317,367 in business loans, and $5,253,364 in credit card accounts at the close of the year. These figures underscore the extent of the credit union's commitment to its members and their financial needs.

    By offering loans at reasonable rates, Fort Community Credit Union empowers members to make significant improvements in their financial lives. Whether it be through purchasing a home, investing in a business, or managing everyday expenses, the credit union serves as a vital partner in members' financial journeys. Additionally, the credit union's diverse range of loan products reflects its dedication to catering to the unique financial requirements of each member.

    Impact

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




    Thursday, August 15, 2024

    Fort Community Credit Union has a significant impact on its members and the community by providing essential financial services that promote thrift, fair credit opportunities, and economic empowerment. With a mission to help every member be in a better financial position than when they joined, Fort Community Credit Union funded 4,924 loans in 2022. As of December 31, 2022, the credit union held substantial amounts in mortgages, consumer loans, member business loans, and credit card accounts, totaling over $222 million in assets. Through these financial offerings, Fort Community Credit Union plays a vital role in improving the economic and social well-being of its members and contributing to the overall financial health of 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: $1,088,009
  • Program Service Revenue: $10,939,023
  • Gross Receipts: $12,654,589

    • Assets and Liabilities:
  • Total Assets: $346,847,400
  • Total Liabilities: $309,976,026
  • Net Assets: $36,871,374
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $7,778,555

    INTERCHANGE DEBIT CARD INCOME

    Revenue

    $1,919,973

    FEE INCOME

    Revenue

    $940,517

    INSURANCE SALES

    Revenue

    $266,787

    NONMEMBER ATM FEES

    Revenue

    $33,191

    Organization Details

    Founding Year

    1940

    Principal Officer

    Susan Johnson

    Main Address

    PO BOX 160, FORT ATKINSON, WI, 53538

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Fort Community 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.