Overview
What is State Chartered Credit Unions In Florida 121 Financial Credit Union?
State Chartered Credit Union 121 Financial, located in Florida, is a credit union dedicated to encouraging savings and providing affordable credit to its members. Established with the mission to help members manage their financial resources democratically, this nonprofit organization strives to inspire financial well-being by offering personalized solutions. With a team of 184 employees, they aim to build strong relationships with members, associates, and the community. Their operations are based in Jacksonville, Florida, with a PO Box address in the ZIP code 32203.
Official website here: www.121fcu.org
Is State Chartered Credit Unions In Florida 121 Financial Credit Union legitimate?
State Chartered Credit Unions In Florida 121 Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. State Chartered Credit Unions In Florida 121 Financial 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,508,224
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,177,625
For more financial information, click here
What is the mission statement of State Chartered Credit Unions In Florida 121 Financial Credit Union?
State Chartered Credit Union 121 Financial in Florida is committed to building meaningful relationships with its members, associates, and the community. Through this connection, the credit union strives to inspire financial well-being by offering personalized solutions. The mission goes beyond just banking; it's about encouraging savings among members and providing affordable credit opportunities. By democratically allowing members to control and utilize their resources, the credit union aims to help them improve their economic and social conditions. Members of 121 Financial Credit Union can rely on the institution to support their financial journey with a focus on personalized service and community engagement.
Official website here: www.121fcu.org
Who is the CEO of State Chartered Credit Unions In Florida 121 Financial Credit Union?
David F Marovich is the Chairperson of State Chartered Credit Unions In Florida 121 Financial Credit Union. The CEO's salary of State Chartered Credit Unions In Florida 121 Financial Credit Union is $389,073 and their total compensation is $416,918.
Official website here: www.121fcu.org
What is the revenue of State Chartered Credit Unions In Florida 121 Financial Credit Union?
State Chartered Credit Unions In Florida 121 Financial Credit Union's revenue in 2022 was $34,683,506.
Official website here: www.121fcu.org
Who are the executives of State Chartered Credit Unions In Florida 121 Financial Credit Union and what are their salaries?
The average compensation at State Chartered Credit Unions In Florida 121 Financial Credit Union during 2022 was $58,075. There are 184 employees and 12 volunteers at State Chartered Credit Unions In Florida 121 Financial Credit Union.
Here are 17 key members and their salaries (State Chartered Credit Unions In Florida 121 Financial Credit Union's CEO's salary is $389,073 and their total compensation is $416,918):
- Paul Blackstone (Chief Operations Officer)
- David Marovich (President/Ceo)
- Cyndi Koan (Cfo)
- Cathy Hufstetler (Svp Of Lending)
- Beth Lightsey (Controller And Vp Of Finance)
- Peter Hayes (Vp Of Business Lending)
- Clara Kovarik (Vp Of Human Resources)
- Russell Buck (Vp Of Retail)
- Adam Wade (Vp Of Marketing Analytics)
- Shelba Williams (Chairperson) [Trustee/Director]
- Harold Boree (Vice Chairperson) [Trustee/Director]
- Cynthia Delassus (Treasurer) [Trustee/Director]
- John Scott Iii (Secretary) [Trustee/Director]
- Billie Greenlief (Director)
- Michael Hogan (Director)
- William Macomber Jr (Director)
- Robert Gipson (Director)
Official website here: www.121fcu.org
Where can I find the form 990 for State Chartered Credit Unions In Florida 121 Financial Credit Union?
The State Chartered Credit Unions In Florida 121 Financial Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.121fcu.org
Learn more at the official website: www.121fcu.org
Mission Statement of State Chartered Credit Unions In Florida 121 Financial Credit Union
State Chartered Credit Unions In Florida 121 Financial Credit Union is a mission-driven organization dedicated to building relationships and inspiring financial well-being among its members, associates, and the community. In line with this, the credit union aims to encourage savings among its members, providing them with access to credit at fair and reasonable rates of interest. This democratic approach to financial services enables members to use and control their resources, ultimately helping them improve their economic and social conditions. The organization's commitment to these principles is reflected in its activity description: "Providing Personal Solutions to Inspire Financial Well-Being." By offering personalized financial solutions, State Chartered Credit Unions In Florida 121 Financial Credit Union strives to make a meaningful impact on the lives of its members, empowering them to take control of their finances and build a better future. The cooperative structure of the credit union allows it to prioritize its members' best interests, setting it apart from traditional financial institutions and fostering a strong sense of community.
Impact
This information is meant to be a general summary of State Chartered Credit Unions In Florida 121 Financial Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
State Chartered Credit Unions In Florida 121 Financial Credit Union's impact lies in providing personal financial solutions to inspire financial well-being in the community. With a mission to build relationships with members, associates, and the community, 121 Financial Credit Union encourages thrift and offers fair and reasonable rates of interest to create sources of credit. By empowering members to use and control their resources in a democratic manner, the credit union aims to contribute to improving the economic and social conditions of its members and the broader community in Jacksonville, FL.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME ON MEMBER LOANS
Revenue
$22,114,148
INTERCHANGE INCOME
Revenue
$3,838,014
FEES AND CHARGES
Revenue
$3,764,318
OTHER MEMBER INCOME
Revenue
$1,048,680
Organization Details
Founding Year
1935
Phone
(904) 723-6300
Principal Officer
David F Marovich
Main Address
P O BOX 40769, JACKSONVILLE, FL, 32203
Website
www.121fcu.org
NTEE Category
Code: W60 - Public benefit
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