Frontier Community Credit Union

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

EIN: 480663659 ✦ Leavenworth, KS ✦ Designated as a 501(c)(14)

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Overview

What is Frontier Community Credit Union?

Frontier Community Credit Union is a member-owned financial cooperative situated in Leavenworth, Kansas, with its headquarters at 690 Eisenhower Road. Serving 16,682 members, this credit union is committed to offering financial products and services in a professional, friendly, and convenient manner. They achieve this through innovation, technology, and cost-effective solutions. The organization places a strong emphasis on educating members about financial management and well-being. Their financial management policies ensure the credit union's continued growth by maintaining adequate operating controls, capital reserves, and liquidity at all times. With a workforce of 80 employees, Frontier Community Credit Union strives to provide its members with financial security and prosperity.


Official website here: www.frontierccu.org

Is Frontier Community Credit Union legitimate?

Frontier Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Frontier Community 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: $471,368
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,282,099

For more financial information, click here


Official website here: www.frontierccu.org

What is the mission statement of Frontier Community Credit Union?

Frontier Community Credit Union, as a member-owned financial cooperative, is committed to providing financial products and services in a professional, friendly, and convenient manner. They achieve this through innovation, technology, and cost-effective solutions. The credit union also encourages and educates its members on financial management techniques to help them manage and control their financial well-being. Moreover, they apply safe and sound financial management policies to ensure the credit union's continued growth, maintaining adequate operating controls, capital reserves, and liquidity at all times.


Official website here: www.frontierccu.org

Who is the CEO of Frontier Community Credit Union?

Michael Augustine is the Chairperson of Frontier Community Credit Union. The CEO's salary of Frontier Community Credit Union is $183,597 and their total compensation is $191,716.


Official website here: www.frontierccu.org

What is the revenue of Frontier Community Credit Union?

Frontier Community Credit Union's revenue in 2022 was $9,882,689.


Official website here: www.frontierccu.org

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

The average compensation at Frontier Community Credit Union during 2022 was $34,418. There are 80 employees and 11 volunteers at Frontier Community Credit Union.


Here are 10 key members and their salaries (Frontier Community Credit Union's CEO's salary is $183,597 and their total compensation is $191,716):


Bill Heinen (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Homan (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $321
Judy Guenther (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fredericka Braconnier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Porter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Nester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myranda Agnew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Augustine (President/Ceo)
  • Compensation: $183,597
  • Related: $0
  • Other: $8,119
Darrin Depriest (Evp - Chief Lending Officer)
  • Compensation: $133,448
  • Related: $0
  • Other: $8,154
Alex Zimmerman (Chief Financial Officer)
  • Compensation: $125,304
  • Related: $0
  • Other: $12,425


Official website here: www.frontierccu.org

Where can I find the form 990 for Frontier Community Credit Union?

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


Official website here: www.frontierccu.org

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

Mission Statement of Frontier Community Credit Union

Frontier Community Credit Union, as a member-owned financial cooperative, is committed to serving its members by providing financial products and services in a professional, friendly, and convenient manner. The organization leverages innovation and technology to offer cost-effective solutions, while fostering an atmosphere that encourages members to manage and control their financial well-being. To ensure its continued growth, Frontier Community Credit Union adheres to safe and sound financial management policies, maintaining adequate operating controls, capital reserves, and liquidity at all times.

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Impact




October, 2024

Frontier Community Credit Union significantly impacts its members and the local community by providing a range of financial products and services that are accessible and affordable. As a member-owned financial cooperative, it prioritizes the needs of its 16,682 members, ensuring a professional, friendly atmosphere where innovation and technology enhance the banking experience.

The credit union focuses on encouraging financial literacy, offering education and resources that help members take control of their financial well-being. This commitment to empowerment fosters a sense of community and supports individuals in making informed financial decisions.

Moreover, Frontier Community Credit Union applies sound financial management policies, which not only ensure its stability and growth but also translate into better service and products for underserved populations. By maintaining adequate operating controls, capital reserves, and liquidity, the credit union stands as a reliable entity that nurtures the economic health of its members, ultimately contributing to the broader well-being of the Leavenworth community in Kansas.




This information is meant to be a general summary of Frontier Community 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
$9,882,689 (2022)
Expenses
$9,293,801 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $281,033
  • Program Service Revenue: $9,569,521
  • Gross Receipts: $10,571,532

Assets and Liabilities:

  • Total Assets: $189,315,193
  • Total Liabilities: $171,097,252
  • Net Assets: $18,217,941

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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

$6,954,125

FEES & OTHER INCOME

Revenue

$2,601,321

WARRANTY SALES

Revenue

$14,075

Organization Details

Founding Year

1954

Principal Officer

Michael Augustine

Main Address

690 EISENHOWER ROAD, LEAVENWORTH, KS, 660484800

NTEE Category

Code: W60 - Public benefit

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