Overview
What is Addition Financial Credit Union?
Addition Financial Credit Union, also known as Qing Lu CFO, is a credit union based in Lake Mary, Florida, with an address at 1000 Primera Blvd. The organization, dedicated to assisting members in managing their finances effectively, has a workforce of 803 employees. They strive to help members reach their financial objectives by offering credit union services. The mission of Addition Financial Credit Union is to make a positive impact on its members' money management journeys.
What are the reviews and ratings of this charity?
Addition Financial Credit Union is not currently rated by Charity Navigator due to its classification as a non-501(c)(3) organization. Charity Navigator typically assesses entities eligible to receive tax-deductible contributions and provides insights into their financial accountability, impact, and leadership. However, as Addition Financial Credit Union falls outside these parameters, it lacks the specific evaluations Charity Navigator specializes in.
The absence of a rating does not necessarily reflect negatively on Addition Financial Credit Union; it simply indicates that it operates in a different capacity than those nonprofits typically assessed by Charity Navigator. The organization is recognized as an independent entity, unaffiliated with larger networks or auxiliaries, and while formal revenue, expense, and leadership data are unavailable, it remains registered with the IRS's Business Master File.
No user reviews are available on GreatNonprofits for Addition Financial Credit Union. Therefore, no public sentiment or testimonials can be compiled from that platform to provide further insights into individual experiences with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Addition Financial Credit Union legitimate?
Addition Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Addition 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,591,466
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,032,575
For more financial information, click here
What is the mission statement of Addition Financial Credit Union?
Addition Financial Credit Union is dedicated to assisting its members in achieving their financial goals. The credit union's mission is geared towards helping members effectively manage their money. By focusing on this commitment, Addition Financial Credit Union aims to make a significant impact on the financial well-being of its members. The organization's activities primarily revolve around the expenses related to its operations and the services provided to its members. Through its various offerings and resources, Addition Financial Credit Union empowers members to take control of their finances and work towards financial stability.
Who is the CEO of Addition Financial Credit Union?
Kevin Miller is the President & Ceo of Addition Financial Credit Union. The CEO's salary of Addition Financial Credit Union is $827,367 and their total compensation is $876,114.
What is the revenue of Addition Financial Credit Union?
Addition Financial Credit Union's revenue in 2022 was $126,516,804.
Who are the executives of Addition Financial Credit Union and what are their salaries?
The average compensation at Addition Financial Credit Union during 2022 was $44,364. There are 803 employees and 7 volunteers at Addition Financial Credit Union.
Here are 21 key members and their salaries (Addition Financial Credit Union's CEO's salary is $827,367 and their total compensation is $876,114):
- Compensation: $827,367
- Related: $0
- Other: $48,747
- Compensation: $365,947
- Related: $0
- Other: $25,877
- Compensation: $366,627
- Related: $0
- Other: $21,881
- Compensation: $327,512
- Related: $0
- Other: $37,443
- Compensation: $331,154
- Related: $0
- Other: $30,617
- Compensation: $299,344
- Related: $0
- Other: $24,957
- Compensation: $246,611
- Related: $0
- Other: $32,831
- Compensation: $228,694
- Related: $0
- Other: $31,837
- Compensation: $172,052
- Related: $0
- Other: $29,777
- Compensation: $166,279
- Related: $0
- Other: $26,464
- Compensation: $170,196
- Related: $0
- Other: $20,403
- Compensation: $162,146
- Related: $0
- Other: $22,501
- Compensation: $160,735
- Related: $0
- Other: $22,942
- Compensation: $89,600
- Related: $0
- Other: $816
- 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
Where can I find the form 990 for Addition Financial Credit Union?
Addition Financial Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Addition Financial Credit Union
Addition Financial Credit Union, with its unwavering commitment, strives to help its members attain their financial objectives. The credit union is dedicated to assisting each member in effectively managing their money, ensuring they reach their financial milestones. By offering various services and resources, Addition Financial Credit Union sets its members on a path towards financial success. The organization's operations incur necessary expenses to support these goals and serve its member base.
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Impact
October, 2024
Addition Financial Credit Union has a significant impact on its community by focusing on helping members achieve their money management goals. Based in Lake Mary, Florida, the credit union actively invests in programs and services designed to enhance financial literacy and stability. By minimizing operational expenses, Addition Financial prioritizes member benefits and provides accessible resources for effective budgeting, saving, and investing.
The credit union's commitment to financial empowerment fosters a sense of community and encourages members to take control of their financial futures. Through personalized guidance and a range of financial products, Addition Financial ensures that individuals and families receive the support they need to make informed decisions, ultimately contributing to the overall economic well-being of the community.
This information is meant to be a general summary of Addition Financial 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: $10,359,023
- Program Service Revenue: $82,655,221
- Gross Receipts: $224,932,364
Assets and Liabilities:
- Total Assets: $2,764,171,874
- Total Liabilities: $2,542,381,750
- Net Assets: $221,790,124
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME FROM LOANS
Revenue
$82,655,221
Organization Details
Founding Year
1937
Principal Officer
Kevin Miller
Main Address
1000 PRIMERA BLVD, LAKE MARY, FL, 32746
NTEE Category
Code: W61 - Public benefit
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