Infuze Credit Union

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

EIN: 430707914 ✦ Waynesville, MO ✦ Designated as a 501(c)(14)

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Overview

What is Infuze Credit Union?

Infuze Credit Union, located in Waynesville, Missouri, is a nonprofit financial institution serving 30,911 members. With a team of 151 employees, their mission is to strengthen financial lives collectively by focusing on education, innovation, member service, and community involvement. They provide a wide range of financial and related services to help their members build stable financial futures.


Official website here: www.infuzecu.org

Is Infuze Credit Union legitimate?

Infuze Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Infuze 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: $1,300,064
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,870,926

For more financial information, click here


Official website here: www.infuzecu.org

What is the mission statement of Infuze Credit Union?

Infuze Credit Union is dedicated to strengthening the financial lives of its members collectively. Through a commitment to education, innovation, exceptional member service, and community involvement, the credit union aims to make a positive impact on its members' financial wellbeing. The organization provides a range of financial and related services to over 30,000 individuals. By focusing on these key areas, Infuze Credit Union fosters a sense of unity and empowers its members to reach their financial goals.


Official website here: www.infuzecu.org

Who is the CEO of Infuze Credit Union?

Michael Smith is the CEO of Infuze Credit Union The CEO's salary of Infuze Credit Union is $286,846 and their total compensation is $331,122.


Official website here: www.infuzecu.org

What is the revenue of Infuze Credit Union?

Infuze Credit Union's revenue in 2023 was $25,037,378.


Official website here: www.infuzecu.org

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

The average compensation at Infuze Credit Union during 2023 was $41,140. There are 150 employees and 15 volunteers at Infuze Credit Union.

Here are 18 key members and their salaries (Infuze Credit Union's CEO's salary is $286,846 and their total compensation is $331,122):


Janice Hartinger (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derinda Derr (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Adank (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Welch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Dye (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosalind Pride (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Newell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Cheney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Smith (President/Ceo)
  • Compensation: $286,846
  • Related: $0
  • Other: $44,276
Steve Boylan (Chief Lending Officer)
  • Compensation: $180,122
  • Related: $0
  • Other: $18,238
Tracey Smith (Executive Vice President/Coo)
  • Compensation: $181,303
  • Related: $0
  • Other: $30,494
Bryan Gentle (Chief Information Officer)
  • Compensation: $161,398
  • Related: $0
  • Other: $8,873
Rebecca Renaud (Chief Human Resources Officer)
  • Compensation: $113,901
  • Related: $0
  • Other: $38,687
Brandon Miller (Chief Financial Officer)
  • Compensation: $129,403
  • Related: $0
  • Other: $23,291
Brian Boyce (Chief Financial Officer)
  • Compensation: $78,334
  • Related: $0
  • Other: $4,898
Samantha Jeffers (Vice President-It)
  • Compensation: $113,465
  • Related: $0
  • Other: $24,276
Dale Trantham (Full Stack Developer)
  • Compensation: $101,724
  • Related: $0
  • Other: $17,903


Official website here: www.infuzecu.org

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

Infuze Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.infuzecu.org

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

Mission Statement of Infuze Credit Union

Infuze Credit Union, a financial institution dedicated to building strong financial lives, accomplishes this mission through education, innovation, member service, and community involvement. By prioritizing these key areas, Infuze Credit Union sets itself apart, fostering a sense of unity and financial growth among its 30,911 members.

Infuze Credit Union goes beyond traditional financial services, recognizing the importance of education in financial literacy. Through this commitment, the organization empowers its members to make informed decisions about their money. Innovation is another cornerstone of Infuze Credit Union's approach. By staying at the forefront of financial technology and trends, the union ensures its members have access to the most effective and efficient services.

Member service is a focal point for Infuze Credit Union. The institution places a premium on putting its members first, addressing their unique financial needs and concerns with personalized, attentive care. Infuze Credit Union's community involvement further solidifies its role as a trusted financial partner. By engaging in various community initiatives, the union strengthens its connection to the people it serves and demonstrates its commitment to fostering a thriving financial ecosystem for all.

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Impact




October, 2024

Infuze Credit Union positively influences the lives of its 30,911 members by focusing on building strong financial foundations through education, innovation, and exceptional member service. Situated in Waynesville, MO, it fosters community involvement that enhances financial literacy and empowers individuals to achieve their financial goals. By providing a range of financial and financially related services, Infuze Credit Union not only supports its members in their personal financial journeys but also contributes to the overall economic wellbeing of the community it serves. Through its commitment to education and innovative solutions, the credit union nurtures a culture of financial empowerment and responsible financial management.




This information is meant to be a general summary of Infuze 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
$25,037,378 (2023)
Expenses
$20,436,861 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $721,185
  • Program Service Revenue: $24,265,005
  • Gross Receipts: $25,037,378

Assets and Liabilities:

  • Total Assets: $325,778,309
  • Total Liabilities: $296,855,312
  • Net Assets: $28,922,997

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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

$15,909,267

FEES & OTHER INCOME

Revenue

$8,237,475

WARRANTY SALES

Revenue

$118,263

Organization Details

Founding Year

1954

Principal Officer

Michael Smith

NTEE Category

Code: W60 - Public benefit

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