nonprofit logo

Credit Union Of Georgia

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

EIN: 586034116 ✦ Kennesaw, GA ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Credit Union Of Georgia?

Credit Union of Georgia is a member-owned, not-for-profit financial institution based in Kennesaw, Georgia. With approximately 36,031 members, this cooperative offers savings and borrowing services to its community. The Credit Union's mission revolves around providing financial assistance to its members, functioning as a cooperative that empowers its members to save and access loans. The organization is staffed by 135 employees and has a presence at 4178 Jiles Road Building 100, Kennesaw, GA, 30144.


Official website here: www.cuofga.org

What are the reviews and ratings of this charity?

The Credit Union of Georgia is not currently rated by Charity Navigator due to its status outside the scope of 501(c)(3) IRS-registered nonprofits. Charity Navigator typically requires certain beacons related to Accountability & Finance or Impact & Measurement for evaluation, but these are not applicable here. The absence of a rating doesn't imply a particular assessment of the organization.

The historic rating system from Charity Navigator was based primarily on financial accountability and transparency, which the Credit Union of Georgia can't be evaluated on under the current standards. Additionally, detailed financial data such as revenue, expenses, and key personnel salaries are unavailable for this organization.

As no user reviews are found on GreatNonprofits, the public sentiment and user experiences regarding the Credit Union of Georgia are not documented or available for consideration at this time.


This AI summary has been generated from information found on Charity Navigator.

Is Credit Union Of Georgia legitimate?

Credit Union Of Georgia is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Union Of Georgia 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: $596,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,817,280

For more financial information, click here


Official website here: www.cuofga.org

What is the mission statement of Credit Union Of Georgia?

The Credit Union of Georgia is a member-owned cooperative financial institution, operating on a not-for-profit basis. Its primary goal is to offer savings and borrowing services to its approximately 36,000 members. By functioning as a cooperative, the Credit Union aims to provide its members with essential financial services, fostering financial well-being and stability within the community.


Official website here: www.cuofga.org

Who is the CEO of Credit Union Of Georgia?

Brian Albrecht is the CEO of Credit Union Of Georgia The CEO's salary of Credit Union Of Georgia is $398,535 and their total compensation is $438,107.


Official website here: www.cuofga.org

What is the revenue of Credit Union Of Georgia?

Credit Union Of Georgia's revenue in 2023 was $33,020,321.


Official website here: www.cuofga.org

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

The average compensation at Credit Union Of Georgia during 2023 was $55,742. There are 133 employees and 9 volunteers at Credit Union Of Georgia.

Here are 16 key members and their salaries (Credit Union Of Georgia's CEO's salary is $398,535 and their total compensation is $438,107):


Lynn Rainey (Director, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Frances Roberson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Smith (Vice Chairperson / Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Mutimer (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Anderson (Director, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Randy Reece (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Farmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Albrecht (President/Ceo)
  • Compensation: $398,535
  • Related: $0
  • Other: $39,572
Brian Hawkins (Cfo)
  • Compensation: $197,825
  • Related: $0
  • Other: $18,555
Katheryn Day (Executive Vice President)
  • Compensation: $222,619
  • Related: $0
  • Other: $19,207
Jason Walker (Clo)
  • Compensation: $198,953
  • Related: $0
  • Other: $14,457
Joseph Menna (Former Key Employee)
  • Compensation: $136,932
  • Related: $0
  • Other: $10,785
Lynn Ross (Former Key Employee)
  • Compensation: $142,207
  • Related: $0
  • Other: $11,037
Thomas Mcnutt (Vp Of Information Technology)
  • Compensation: $143,595
  • Related: $0
  • Other: $17,337
John Short (Vp Of Hr And Training)
  • Compensation: $148,575
  • Related: $0
  • Other: $17,490
Melissa Botkins (Vp Of Mortgage)
  • Compensation: $147,909
  • Related: $0
  • Other: $7,790


Official website here: www.cuofga.org

Where can I find the form 990 for Credit Union Of Georgia?

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


Official website here: www.cuofga.org

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

Mission Statement of Credit Union Of Georgia

Credit Union of Georgia, a cooperative financial institution, is dedicated to offering savings and borrowing opportunities to its approximately 36,031 members. This not-for-profit organization, owned by its members, provides essential financial services to its community. Its primary mission is to facilitate savings and lending, empowering individuals to improve their financial well-being. By pooling resources and operating on a cooperative basis, Credit Union of Georgia aims to provide its members with a unique set of advantages not typically found in traditional financial institutions.

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

Credit Union of Georgia serves as a valuable financial resource for its members, providing essential services such as thrift savings and borrowing opportunities. Located in Kennesaw, GA, it operates as a cooperative owned by its members, fostering a community-oriented approach to finance that emphasizes member benefits over profit. With around 36,031 members, the credit union plays a significant role in the local economy by facilitating savings and lending, thereby empowering individuals and families to achieve their financial goals. Its mission focuses on enhancing the financial well-being of its members, directly contributing to the overall economic stability and growth of the community it serves.




This information is meant to be a general summary of Credit Union Of Georgia. 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
$33,020,321 (2023)
Expenses
$25,145,761 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $4,889,201
  • Program Service Revenue: $27,809,767
  • Gross Receipts: $62,999,236

Assets and Liabilities:

  • Total Assets: $609,216,760
  • Total Liabilities: $568,868,183
  • Net Assets: $40,348,577

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

$21,239,169

FEE INCOME

Revenue

$6,369,870

GAP INCOME

Revenue

$150,965

CREDIT SHIELD INSURANCE PRODUCTS

Revenue

$49,763

Organization Details

Founding Year

1960

Principal Officer

Brian Albrecht

NTEE Category

Code: W61 - Public benefit

If you are a representative of Credit Union Of Georgia 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.