Overview
What is Millennium Corporate Credit Union?
Millennium Corporate Credit Union is a nonprofit financial intermediary based in Wichita, Kansas, with a mission to support its member credit unions. This organization, incorporated under Kansas statutes, offers correspondent services, asset-liability management analysis, and investments to its credit union members. By doing so, it enables these credit unions to provide fair and reasonable interest rates and various products and services to their individual customers, ultimately improving their economic and social conditions. Millennium Corporate Credit Union serves as a vital link between its member credit unions, directing its activities towards their collective support, and maintaining a workforce of approximately 40 employees.
Official website here: www.millenniumcorporate.org
Is Millennium Corporate Credit Union legitimate?
Millennium Corporate Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Millennium Corporate 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: $710,433
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,961,402
For more financial information, click here
Official website here: www.millenniumcorporate.org
What is the mission statement of Millennium Corporate Credit Union?
Millennium Corporate Credit Union functions as a financial intermediary for the credit unions that make up its membership. Its activities are geared towards supporting this interdependent group. The non-profit organization, Millennium Corporate, was incorporated under Kansas statutes to provide correspondent services, asset-liability management analysis, and investments to member credit unions. These credit unions, in turn, serve their individual customers by offering credit at fair rates and reasonable interest, as well as various products and services to enhance their economic and social conditions. Millennium Corporate's mission is to facilitate financial growth and stability for its member credit unions, ultimately contributing to the betterment of their members.
Official website here: www.millenniumcorporate.org
Who is the CEO of Millennium Corporate Credit Union?
Larry Eisenhauer is the Principal Officer of Millennium Corporate Credit Union. The CEO's salary of Millennium Corporate Credit Union is $249,133 and their total compensation is $286,521.
Official website here: www.millenniumcorporate.org
What is the revenue of Millennium Corporate Credit Union?
Millennium Corporate Credit Union's revenue in 2022 was $50,281,305.
Official website here: www.millenniumcorporate.org
Who are the executives of Millennium Corporate Credit Union and what are their salaries?
The average compensation at Millennium Corporate Credit Union during 2022 was $66,796. There are 40 employees and 20 volunteers at Millennium Corporate Credit Union.
Here are 16 key members and their salaries (Millennium Corporate Credit Union's CEO's salary is $249,133 and their total compensation is $286,521):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $249,133
- Related: $0
- Other: $37,388
- Compensation: $207,932
- Related: $0
- Other: $44,076
- Compensation: $151,191
- Related: $0
- Other: $20,713
- Compensation: $126,088
- Related: $0
- Other: $39,076
- Compensation: $122,686
- Related: $0
- Other: $40,828
- Compensation: $121,410
- Related: $0
- Other: $27,926
- Compensation: $118,604
- Related: $0
- Other: $40,629
Official website here: www.millenniumcorporate.org
Where can I find the form 990 for Millennium Corporate Credit Union?
Millennium Corporate Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.millenniumcorporate.org
Learn more at the official website: www.millenniumcorporate.org
Mission Statement of Millennium Corporate Credit Union
Millennium Corporate Credit Union, a non-profit organization incorporated under Kansas statutes, operates as a financial intermediary for the credit unions that make up its membership. The primary focus of Millennium Corporate's activities is the support of this interdependent group. Millennium Corporate provides correspondent services, asset-liability management analysis, and investments to its member credit unions, which in turn serve their own members by offering affordable credit and various products and services to enhance their economic and social conditions. As a financial backbone for the credit union network, Millennium Corporate facilitates the financial stability and growth of its members, ensuring they can effectively cater to their individual customers' needs.
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
Millennium Corporate Credit Union significantly impacts its member credit unions by acting as a crucial financial intermediary, facilitating their operations and enhancing their ability to serve their individual members effectively. By providing correspondent services, asset-liability management analysis, and investment opportunities, Millennium Corporate strengthens the financial health of its member credit unions.
This support enables credit unions to offer their members credit at fair and reasonable interest rates, promoting financial stability and accessibility for individuals within the community. Moreover, by improving the range of products and services offered by these credit unions, Millennium Corporate contributes to the overall economic and social well-being of their members, enhancing their quality of life.
Based in Wichita, Kansas, Millennium Corporate's mission and activities are focused on fostering the interdependence and sustainability of its member credit unions, ultimately resulting in a positive ripple effect that benefits the wider community.
This information is meant to be a general summary of Millennium Corporate 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 2022.
- Investment Income: $18,532,419
- Program Service Revenue: $7,293,617
- Gross Receipts: $50,281,305
Assets and Liabilities:
- Total Assets: $1,167,187,630
- Total Liabilities: $285,953,529
- Net Assets: $881,234,101
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.
FEE INCOME
Revenue
$5,307,353
OTHER INCOME
Revenue
$1,033,344
INTEREST ON LOANS
Revenue
$1,026,143
EQUITY IN EARNINGS FROM CUSO
Revenue
-$73,223
Organization Details
Founding Year
1951
Phone
(316) 721-2600Principal Officer
Larry Eisenhauer
Main Address
8615 W FRAZIER LN STE 1, WICHITA, KS, 672123835
Website
www.millenniumcorporate.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Millennium Corporate 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.