Tri-County Credit Union

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

EIN: 391022442 ✦ Marinette, WI ✦ Designated as a 501(c)(14)

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Overview

What is Tri-County Credit Union?

Tri-County Credit Union, located at 2205 Hall Ave Suite 107, Marinette, WI 54143, is a financial institution dedicated to serving its members. With a mission to offer the best financial services possible, it provides various deposit accounts and had 170 new ones opened in 2020. As of December 31, 2020, the credit union had 2,692 members. The team consists of 13 dedicated employees, working to ensure the credit union's success. The credit union's primary focus is on providing financial services to its members, supporting their financial needs effectively.


Official website here: www.tri-county.org

Is Tri-County Credit Union legitimate?

Tri-County Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Tri-County 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: $218,601
Professional Fundraising Fees: $0
Other Salaries and Wages: $155,485

For more financial information, click here


Official website here: www.tri-county.org

What is the mission statement of Tri-County Credit Union?

Tri-County Credit Union's mission is centered around providing the highest quality financial services to its members. This mission is consistently reflected in their day-to-day activities. The credit union strives to meet this objective by offering a variety of deposit accounts to its members. In 2020, they successfully opened 170 new deposit accounts, demonstrating their commitment to serving their member base. As of December 31, 2020, the credit union boasted a membership of 2,692 individuals.


Official website here: www.tri-county.org

Who is the CEO of Tri-County Credit Union?

Rachel Raygo is the President of Tri-County Credit Union.


Official website here: www.tri-county.org

What is the revenue of Tri-County Credit Union?

Tri-County Credit Union's revenue in 2020 was $1,104,293.


Official website here: www.tri-county.org

Who are the executives of Tri-County Credit Union and what are their salaries?

The average compensation at Tri-County Credit Union during 2020 was $28,776. There are 13 employees and 9 volunteers at Tri-County Credit Union.


Here are 10 key members and their salaries:


Rachel Raygo (President)
  • Compensation: $139,576
  • Related: $0
  • Other: $19,808
Pamela Grosschadle (Vp Member Se)
  • Compensation: $42,917
  • Related: $0
  • Other: $14,390
Denise Oberleitner (Vp Lending)
  • Compensation: $36,108
  • Related: $0
  • Other: $17,167
Dallas Blair (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Carlson (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irene Mayou (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Landerman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcclelland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Hanson Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Odea (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tri-county.org

Where can I find the form 990 for Tri-County Credit Union?

Tri-County Credit Union's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.tri-county.org

Learn more at the official website: www.tri-county.org

Mission Statement of Tri-County Credit Union

Tri-County Credit Union is committed to delivering exceptional financial services to its members. At its core, the credit union's mission is to prioritize the needs of its members, striving to provide them with the best possible financial solutions. This mission is evident in their diverse range of deposit accounts, which they continue to expand and make available to their members. In 2020 alone, Tri-County Credit Union opened 170 new deposit accounts, demonstrating their commitment to meeting the financial needs of their growing membership base. As of December 31, 2020, the credit union boasted a membership of 2,692 individuals, further underscoring its dedication to serving its members effectively.

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Impact




October, 2024

Tri-County Credit Union makes a significant impact by providing a range of financial services that cater to the needs of its members in Marinette, Wisconsin. With a commitment to offering the best financial solutions, the credit union has successfully opened 170 new deposit accounts in 2020, reflecting its dedication to enhancing financial accessibility for the community. By the end of 2020, Tri-County Credit Union had reached a membership of 2,692 individuals, indicating its growing influence and role as a trusted financial partner. This emphasis on building strong relationships and supporting its members contributes not only to individual financial growth but also to the overall economic vitality of the area.




This information is meant to be a general summary of Tri-County 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
$1,104,293 (2020)
Expenses
$1,106,074 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $160,686
  • Program Service Revenue: $940,089
  • Gross Receipts: $1,104,293

Assets and Liabilities:

  • Total Assets: $33,468,298
  • Total Liabilities: $29,295,842
  • Net Assets: $4,172,456

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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

$763,490

MEMBER FEE INCOME

Revenue

$171,619

FEE & INSURANCE INCOME

Revenue

$3,065

OTHER MEMBER RELATED INCOME

Revenue

$1,915

Organization Details

Founding Year

1936

Principal Officer

Rachel Raygo

Main Address

2205 HALL AVE SUITE 107, MARINETTE, WI, 54143

NTEE Category

Code: W60 - Public benefit

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