Greenstate Credit Union

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

EIN: 420804594 ✦ North liberty, IA ✦ Designated as a 501(c)(14)

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Overview

What is Greenstate Credit Union?

Greenstate Credit Union, located at 2355 Landon Road, North Liberty, Iowa, 52317, is a financial institution dedicated to enhancing the lives of its community members. With a staff of 1,124 employees, Greenstate Credit Union offers lending services, originating approximately $3.275 billion in mortgages, consumer loans, commercial loans, and first mortgages sold in the secondary market in 2022. Their mission revolves around promoting the financial well-being of residents. By providing various loan options, Greenstate Credit Union strives to improve the overall quality of life in its communities.


Official website here: www.greenstate.org

Is Greenstate Credit Union legitimate?

Greenstate Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Greenstate 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: $6,993,555
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,266,153

For more financial information, click here


Official website here: www.greenstate.org

What is the mission statement of Greenstate Credit Union?

Greenstate Credit Union strives to enhance the living standards in the communities it serves by focusing on the financial health of its residents. The mission of the credit union is to promote financial well-being. Through its lending services, Greenstate Credit Union facilitated approximately $3.176 billion in loans in various categories in 2022. These loans included $1.205 billion in in-house mortgage loans, $1.933 billion in consumer loans, and $1.037 billion in commercial loans. Additionally, the credit union originated $936.98 million in first mortgage loans, which were sold on the secondary market.


Official website here: www.greenstate.org

Who is the CEO of Greenstate Credit Union?

Todd Fanning is the President & Ceo of Greenstate Credit Union. The CEO's salary of Greenstate Credit Union is $2,038,821 and their total compensation is $2,096,738.


Official website here: www.greenstate.org

What is the revenue of Greenstate Credit Union?

Greenstate Credit Union's revenue in 2022 was $499,617,400.


Official website here: www.greenstate.org

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

The average compensation at Greenstate Credit Union during 2022 was $61,619. There are 1124 employees and 11 volunteers at Greenstate Credit Union.


Here are 24 key members and their salaries (Greenstate Credit Union's CEO's salary is $2,038,821 and their total compensation is $2,096,738):


Jeffrey A Disterhoft (President & Ceo)
  • Compensation: $2,038,821
  • Related: $0
  • Other: $57,917
Marsha L Wolff (Chief Hr & Information Officer)
  • Compensation: $1,103,155
  • Related: $0
  • Other: $50,298
Katherine B Courtney (Chief Operating Officer)
  • Compensation: $791,952
  • Related: $0
  • Other: $41,745
Todd D Fanning (Evp & Chief Financial Officer)
  • Compensation: $733,463
  • Related: $0
  • Other: $35,862
Amy K Henderson (Chief Consumer Service Officer)
  • Compensation: $699,930
  • Related: $0
  • Other: $57,917
Felisha A Junge (Mortgage Loan Officer)
  • Compensation: $653,430
  • Related: $0
  • Other: $8,043
Peter D Johnson (Mortgage Loan Officer)
  • Compensation: $545,232
  • Related: $0
  • Other: $30,528
James F Kelly (Chief Marketing Officer)
  • Compensation: $538,718
  • Related: $0
  • Other: $33,310
Scott R Langenberg (Mortgage Loan Officer)
  • Compensation: $515,149
  • Related: $0
  • Other: $11,368
Michael R Ward (Mortgage Loan Officer)
  • Compensation: $466,872
  • Related: $0
  • Other: $28,187
Laura R Meeker (Svp/Regional Retail Manager)
  • Compensation: $460,503
  • Related: $0
  • Other: $28,213
Ryan M Doehrmann (Chief Mortgage Officer)
  • Compensation: $385,481
  • Related: $0
  • Other: $25,550
Samantha R Mcsorley (Chief Commercial Officer)
  • Compensation: $392,951
  • Related: $0
  • Other: $6,485
Laurel Day (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drew Denning (Bod - Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mj Dolan (Governance Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynsey Engels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Mims (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Moen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loras Neuroth (Audit/Risk Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffany O'Donnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Rolinger (Credit Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Wright (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greenstate.org

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

Greenstate Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greenstate.org

Learn more at the official website: www.greenstate.org

Mission Statement of Greenstate Credit Union

Greenstate Credit Union, with its mission, strives to enhance the living standards of communities by advocating for the financial prosperity of its residents. By providing essential lending services to its credit union members, Greenstate Credit Union played a significant role in originating an impressive volume of loans in various sectors in 2022. In the realm of mortgages, the credit union arranged $1.205 billion of in-house loans, while a substantial $1.933 billion was granted for consumer loans. Moreover, the organization facilitated a noteworthy $1.037 billion worth of commercial loans. Additionally, Greenstate Credit Union originated an additional $936.98 million in first mortgage loans, which were subsequently sold on the secondary market. Overall, Greenstate Credit Union's unwavering commitment to its mission shines through its dedication to improving the financial well-being of its members and, in turn, enriching the lives of those in the communities it serves.

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Impact




October, 2024

Greenstate Credit Union significantly enhances the quality of life in its communities by promoting the financial well-being of residents. In 2022, the credit union originated an impressive $1.205 billion in in-house mortgages, alongside $1.933 billion in consumer loans and $1.037 billion in commercial loans. Additionally, it facilitated $936.98 million in first mortgage loans that were sold on the secondary market. Through these lending services, Greenstate contributes to the financial stability and growth of individuals and businesses, ultimately fostering a thriving community in North Liberty, Iowa, and beyond.




This information is meant to be a general summary of Greenstate 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
$499,617,400 (2022)
Expenses
$457,912,805 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,735,708
  • Program Service Revenue: $423,087,687
  • Gross Receipts: $505,947,699

Assets and Liabilities:

  • Total Assets: $11,278,583,077
  • Total Liabilities: $10,369,107,740
  • Net Assets: $909,475,337

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Programs

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

LOAN INTEREST REVENUE

Revenue

$408,892,246

ATM FEE REVENUE

Revenue

$14,195,441

Organization Details

Founding Year

1938

Principal Officer

Todd Fanning

Main Address

2355 Landon Road, North Liberty, IA, 523170800

NTEE Category

Code: W60 - Public benefit

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