Overview
What is Trustone Financial Credit Union?
Trustone Financial Credit Union, a Minnesota-based credit union with over 700 employees, offers various lending services to its membership. As a state-chartered financial institution, they had 126,303 loans outstanding as of December 31, 2022, with a combined balance of $3.63 billion. Their mission is to engage, educate, and inspire their members to achieve lifelong financial well-being. This community-focused credit union provides its members with the resources and support needed to manage their finances effectively.
Official website here: www.trustonefinancial.org
Is Trustone Financial Credit Union legitimate?
Trustone Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Trustone Financial 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: $6,518,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,939,290
For more financial information, click here
Official website here: www.trustonefinancial.org
What is the mission statement of Trustone Financial Credit Union?
Trustone Financial Credit Union is dedicated to helping its members attain financial well-being for the long term. They actively engage, educate, and inspire their members to achieve this goal. The credit union offers various lending services to its membership. As of December 31, 2022, there were 126,303 loans outstanding with a combined balance of over $3.6 billion.
Official website here: www.trustonefinancial.org
Who is the CEO of Trustone Financial Credit Union?
Dale Turner is the CEO of Trustone Financial Credit Union The CEO's salary of Trustone Financial Credit Union is $1,086,393 and their total compensation is $1,130,785.
Official website here: www.trustonefinancial.org
What is the revenue of Trustone Financial Credit Union?
Trustone Financial Credit Union's revenue in 2023 was $255,238,669.
Official website here: www.trustonefinancial.org
Who are the executives of Trustone Financial Credit Union and what are their salaries?
The average compensation at Trustone Financial Credit Union during 2023 was $60,654. There are 700 employees and 13 volunteers at Trustone Financial Credit Union.
Here are 27 key members and their salaries (Trustone Financial Credit Union's CEO's salary is $1,086,393 and their total compensation is $1,130,785):
- Compensation: $4,229
- Related: $0
- Other: $0
- Compensation: $3,980
- Related: $0
- Other: $0
- Compensation: $4,576
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $5,000
- Related: $0
- Other: $0
- Compensation: $3,913
- Related: $0
- Other: $0
- Compensation: $2,681
- Related: $0
- Other: $0
- Compensation: $2,536
- Related: $0
- Other: $0
- Compensation: $2,278
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,086,393
- Related: $0
- Other: $44,392
- Compensation: $666,355
- Related: $0
- Other: $59,519
- Compensation: $658,027
- Related: $0
- Other: $58,134
- Compensation: $638,270
- Related: $0
- Other: $53,418
- Compensation: $628,921
- Related: $0
- Other: $59,930
- Compensation: $622,713
- Related: $0
- Other: $59,519
- Compensation: $612,310
- Related: $0
- Other: $56,075
- Compensation: $548,274
- Related: $0
- Other: $41,884
- Compensation: $536,874
- Related: $0
- Other: $43,271
- Compensation: $431,978
- Related: $0
- Other: $58,076
- Compensation: $369,482
- Related: $0
- Other: $47,250
- Compensation: $358,611
- Related: $0
- Other: $31,461
- Compensation: $229,030
- Related: $0
- Other: $54,947
- Compensation: $241,221
- Related: $0
- Other: $26,396
Official website here: www.trustonefinancial.org
Where can I find the form 990 for Trustone Financial Credit Union?
Trustone Financial Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.trustonefinancial.org
Learn more at the official website: www.trustonefinancial.org
Mission Statement of Trustone Financial Credit Union
Trustone Financial Credit Union, with its mission, strives to engage, educate, and inspire its members towards lifelong financial well-being. By offering various lending services, this credit union empowers its members to improve their financial situations. As of December 31, 2022, Trustone Financial Credit Union had 126,303 outstanding loans with a combined balance of $3,630,530,830. The organization's commitment to its members extends beyond just providing loans. Trustone Financial Credit Union is dedicated to fostering an environment that encourages financial growth and stability among its members. Through education and inspiration, the credit union helps its members make informed decisions about their finances and work towards securing a better financial future. Trustone Financial Credit Union's mission is to create a community of financially empowered individuals, who are equipped with the knowledge and resources to manage their money wisely and achieve long-term financial success.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Trustone Financial Credit Union engages, educates, and inspires its members to achieve lifelong financial well-being. It offers a diverse range of lending services, reflecting its commitment to supporting the financial needs of its community. As of December 31, 2022, the credit union had 126,303 loans outstanding with total balances exceeding $3.6 billion. This extensive lending portfolio demonstrates Trustone's significant contribution to promoting financial stability and growth among its members in Plymouth, MN, and beyond. By focusing on the financial well-being of its members, Trustone plays a vital role in fostering economic empowerment within the community.
This information is meant to be a general summary of Trustone Financial 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 2023.
- Investment Income: $40,643,558
- Program Service Revenue: $212,218,172
- Gross Receipts: $275,456,286
Assets and Liabilities:
- Total Assets: $4,614,668,122
- Total Liabilities: $4,227,263,866
- Net Assets: $387,404,256
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$179,995,526
MISC OPERATING INCOME
Revenue
$19,782,531
FEE INCOME
Revenue
$12,440,115
Organization Details
Founding Year
1939
Principal Officer
Dale Turner
Website
www.trustonefinancial.orgNTEE Category
Code: Z99 - Unknown
If you are a representative of Trustone Financial 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.