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Suncoast Credit Union

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

EIN: 590291451 ✦ Tampa, FL ✦ Designated as a 501(c)(14)

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Overview

What is Suncoast Credit Union?

Suncoast Credit Union is a Florida-based financial institution dedicated to enriching the lives of its members. With a team of over 2,800 employees, they provide access to credit through various loan options – mortgage, auto, and personal – offering competitive interest rates in the local markets. Their mission revolves around strength, security, and innovation to enhance the quality of life for their members. By maintaining a robust and innovative credit union, Suncoast Credit Union fosters trust, respect, and efficiency.


Official website here: www.suncoastcreditunion.com

Is Suncoast Credit Union legitimate?

Suncoast Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Suncoast 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: $4,254,058
Professional Fundraising Fees: $0
Other Salaries and Wages: $141,806,870

For more financial information, click here


Official website here: www.suncoastcreditunion.com

What is the mission statement of Suncoast Credit Union?

Suncoast Credit Union's mission is focused on enhancing the lives of its members. The credit union strives to achieve this by maintaining a robust, secure, and innovative organization. By doing so, it builds trust and respect among its members while maximizing efficiency. The credit union provides various loan options, including mortgages, auto loans, and personal loans, with competitive interest rates in local markets. Overall, Suncoast Credit Union aims to make a positive impact on the lives of its members, ensuring they have access to financial services and solutions that meet their needs.


Official website here: www.suncoastcreditunion.com

Who is the CEO of Suncoast Credit Union?

Kevin Johnson is the President/Ceo of Suncoast Credit Union. The CEO's salary of Suncoast Credit Union is $980,406 and their total compensation is $1,029,584.


Official website here: www.suncoastcreditunion.com

What is the revenue of Suncoast Credit Union?

Suncoast Credit Union's revenue in 2022 was $624,897,611.


Official website here: www.suncoastcreditunion.com

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

The average compensation at Suncoast Credit Union during 2022 was $51,887. There are 2815 employees and 11 volunteers at Suncoast Credit Union.


Here are 24 key members and their salaries (Suncoast Credit Union's CEO's salary is $980,406 and their total compensation is $1,029,584):


Anthony Sachel (Director)
  • Compensation: $6,114
  • Related: $0
  • Other: $0
Zamir L Ode (Chair Of The Board)
  • Compensation: $7,625
  • Related: $0
  • Other: $0
Jounice Nealy-Brown (Treasurer Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary C Gresham (Vice Chair Of The Board)
  • Compensation: $2,792
  • Related: $0
  • Other: $0
Victor Arias (Director)
  • Compensation: $4,787
  • Related: $0
  • Other: $0
Andrea Falvey (Secretary Of The Board)
  • Compensation: $5,065
  • Related: $0
  • Other: $0
Marc Johnson (Director)
  • Compensation: $2,815
  • Related: $0
  • Other: $0
Manuel Lopez (Director)
  • Compensation: $2,983
  • Related: $0
  • Other: $0
Stephanie Mathews (Director)
  • Compensation: $4,768
  • Related: $0
  • Other: $0
Robert Jones (Director)
  • Compensation: $3,449
  • Related: $0
  • Other: $0
Lorraine Fernandez (Director)
  • Compensation: $3,303
  • Related: $0
  • Other: $0
Kevin Johnson (President/Ceo)
  • Compensation: $980,406
  • Related: $0
  • Other: $49,178
Julie A Renderos (Executive Vp/Cfo)
  • Compensation: $520,917
  • Related: $0
  • Other: $39,819
Gary J Vien (Svp Chief Administrative O)
  • Compensation: $309,232
  • Related: $0
  • Other: $47,129
Victoria Lovett (Evp Chief Operating Office)
  • Compensation: $479,866
  • Related: $0
  • Other: $34,796
Darlene Johnson (Evp Chief Growth Officer)
  • Compensation: $482,521
  • Related: $0
  • Other: $48,101
Melva Mckay-Bass (Svp Chief Bus Dev Officer)
  • Compensation: $371,317
  • Related: $0
  • Other: $49,057
Michael Parks (Svp Chief Information Offi)
  • Compensation: $346,593
  • Related: $0
  • Other: $45,810
Jacqulyne Gilbert (Svp Chief Risk Officer)
  • Compensation: $376,927
  • Related: $0
  • Other: $28,688
Donald D Burt (Wealth Advisor)
  • Compensation: $281,275
  • Related: $0
  • Other: $47,090
Jennifer M Bolivar (Svp Service Center Operations)
  • Compensation: $271,472
  • Related: $0
  • Other: $26,974
Oksana Sherman (Retail Mortgage Loan Officer)
  • Compensation: $321,853
  • Related: $0
  • Other: $28,656
Karen Koundourakis (Svp Member Exp)
  • Compensation: $307,504
  • Related: $0
  • Other: $11,979
Roy Echols (Vp Trust & Investment Serv)
  • Compensation: $281,509
  • Related: $0
  • Other: $44,130


Official website here: www.suncoastcreditunion.com

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

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


Official website here: www.suncoastcreditunion.com

Learn more at the official website: www.suncoastcreditunion.com

Mission Statement of Suncoast Credit Union

Suncoast Credit Union, a financially robust organization, is dedicated to enhancing the lives of its members. Through a commitment to strength, security, and innovation, this credit union aims to build trust and respect with its clientele.

The mission of Suncoast Credit Union is twofold. First, it aspires to create a financially strong and secure institution, providing members with access to various loans, such as mortgages, auto, and personal loans, at competitive interest rates. The credit union's financial stability not only benefits its members but also adds credibility to its operations.

Second, Suncoast Credit Union is innovative in its approach, continuously seeking ways to improve the member experience and maximize efficiency. This forward-thinking mindset not only attracts new members but also retains existing ones, ultimately contributing to the credit union's growth and success.

By maintaining a strong, secure, and innovative credit union, Suncoast Credit Union stands out in the market, fostering a sense of trust and confidence among its members. This commitment translates to a better quality of life for those who choose to be a part of this esteemed financial institution.

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Impact




October, 2024

Suncoast Credit Union significantly impacts its community by enhancing the quality of life for its members through a strong commitment to strength, security, and innovation. By providing access to a variety of financial products, including competitive mortgage, auto, and personal loans, the credit union empowers members to achieve their financial goals. This not only helps individuals manage their finances effectively but also contributes to the overall economic well-being of the Tampa area.

The organization's mission emphasizes trust, respect, and efficiency, fostering a sense of community among its members. Through its focus on innovative services and competitive interest rates, Suncoast Credit Union plays a vital role in promoting financial literacy and stability, ultimately enhancing the lives of its members and the broader community.




This information is meant to be a general summary of Suncoast 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
$624,897,611 (2022)
Expenses
$462,970,768 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $48,660,417
  • Program Service Revenue: $572,321,151
  • Gross Receipts: $900,855,096

Assets and Liabilities:

  • Total Assets: $16,214,901,944
  • Total Liabilities: $15,070,852,001
  • Net Assets: $1,144,049,943

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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

$457,495,427

SERVICE FEES & MISC

Revenue

$114,825,724

Organization Details

Founding Year

1934

Principal Officer

Kevin Johnson

Main Address

PO BOX 11904, TAMPA, FL, 336801904

NTEE Category

Code: W61 - Public benefit

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