State Chartered Credit Unions In Florida Florida Central Credit Union

Florida Central Credit Union

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

EIN: 590857430 ✦ Tampa, FL ✦ Designated as a 501(c)(14)

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Overview

What is State Chartered Credit Unions In Florida Florida Central Credit Union?

Florida Central Credit Union, also known as Floridacental Credit Union, is a member-owned cooperative based in Tampa, Florida. With a team of 181 employees, the credit union promotes thrift and offers competitively priced, quality financial services to its restricted membership. The organization functions primarily through income from its membership and the investment of their funds. Floridacental Credit Union is dedicated to providing efficient, professional, and accurate services to all members, regardless of socio-economic status.


Official website here: www.floridacentralcu.com

Is State Chartered Credit Unions In Florida Florida Central Credit Union legitimate?

State Chartered Credit Unions In Florida Florida Central Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. State Chartered Credit Unions In Florida Florida Central 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: $1,466,885
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,486,888

For more financial information, click here


Official website here: www.floridacentralcu.com

What is the mission statement of State Chartered Credit Unions In Florida Florida Central Credit Union?

Florida Central Credit Union is a member-owned cooperative committed to encouraging savings and offering affordable financial services to its members. The credit union operates with a professional, accurate, and efficient approach, ensuring equal access to all members, regardless of their socio-economic status. The organization's income comes from membership fees and the investment of members' funds, enabling it to provide essential services to its restricted membership base. Florida Central Credit Union's mission is to maintain a cooperative dedicated to promoting thrift and delivering competitively priced financial services, thereby empowering its members to manage their finances effectively. The credit union aims to serve its members in a manner that fosters long-term financial growth and stability.


Official website here: www.floridacentralcu.com

Who is the CEO of State Chartered Credit Unions In Florida Florida Central Credit Union?

Thuy Linh N Dang is the Ceo/Board Treasurer of State Chartered Credit Unions In Florida Florida Central Credit Union. The CEO's salary of State Chartered Credit Unions In Florida Florida Central Credit Union is $58,492 and their total compensation is $60,092.


Official website here: www.floridacentralcu.com

What is the revenue of State Chartered Credit Unions In Florida Florida Central Credit Union?

State Chartered Credit Unions In Florida Florida Central Credit Union's revenue in 2022 was $22,088,773.


Official website here: www.floridacentralcu.com

Who are the executives of State Chartered Credit Unions In Florida Florida Central Credit Union and what are their salaries?

The average compensation at State Chartered Credit Unions In Florida Florida Central Credit Union during 2022 was $38,419. There are 181 employees and 9 volunteers at State Chartered Credit Unions In Florida Florida Central Credit Union.


Here are 17 key members and their salaries (State Chartered Credit Unions In Florida Florida Central Credit Union's CEO's salary is $58,492 and their total compensation is $60,092):


Laida E Garcia (Ceo/Board Treasurer)
  • Compensation: $720,947
  • Related: $0
  • Other: $34,526
Kenneth H Spence (Secretary)
  • Compensation: $4,101
  • Related: $0
  • Other: $0
Stephen Shear (Director)
  • Compensation: $4,161
  • Related: $0
  • Other: $0
William Mignone (Treasurer)
  • Compensation: $1,440
  • Related: $0
  • Other: $0
David Steffen (Director)
  • Compensation: $1,440
  • Related: $0
  • Other: $0
Margaret Spurrier (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Shear (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Osterland (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thuy Linh N Dang (President/Ceo)
  • Compensation: $58,492
  • Related: $0
  • Other: $1,600
Sharon Hill (Cfo)
  • Compensation: $230,101
  • Related: $0
  • Other: $27,774
Craig Burkhard (Cheif Credit Officer)
  • Compensation: $180,604
  • Related: $0
  • Other: $42,561
Mitchell Scott Newberger (Vp/Coo)
  • Compensation: $135,285
  • Related: $0
  • Other: $19,815
Pamela Wendland (Chief Credit Officer)
  • Compensation: $4,038
  • Related: $0
  • Other: $0
Patricia Waddell (It Manager)
  • Compensation: $130,172
  • Related: $0
  • Other: $49,516
Thomas Chestnutt (Director Of Sales)
  • Compensation: $145,466
  • Related: $0
  • Other: $49,829
Carla Gant (Vp Human)
  • Compensation: $122,360
  • Related: $0
  • Other: $46,173
Brian Robinson (Svp/Cmo)
  • Compensation: $142,928
  • Related: $0
  • Other: $71,508


Official website here: www.floridacentralcu.com

Where can I find the form 990 for State Chartered Credit Unions In Florida Florida Central Credit Union?

State Chartered Credit Unions In Florida Florida Central Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.floridacentralcu.com

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

Mission Statement of State Chartered Credit Unions In Florida Florida Central Credit Union

Florida Central Credit Union, a member-owned cooperative, is committed to fostering saving habits and supplying its members with reasonably priced, top-notch financial services. The organization takes pride in delivering these services in a professional, precise, and efficient manner, regardless of members' socio-economic backgrounds.

The foundation for Florida Central Credit Union's operations is derived from income generated from the membership and the investment of their funds. This revenue enables the credit union to offer financial services to its exclusive membership base. The cooperative's mission is to promote thrift among its members and ensure they have access to affordable financial solutions. The organization's dedication to maintaining a professional, accurate, and efficient service approach sets it apart and instills trust among its members.

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Impact




October, 2024

Florida Central Credit Union, based in Tampa, plays a significant role in promoting financial well-being within its community. As a member-owned cooperative, it focuses on providing competitively priced, quality financial services tailored to the needs of its members. This commitment fosters a culture of thrift and responsible financial management among its clientele.

The credit union's dedication to professional and efficient service ensures that all members, regardless of their socio-economic status, have access to essential financial services. This inclusivity strengthens community ties and enhances the overall economic stability of its members. By reinvesting income generated from membership and investment activities back into the organization, Florida Central Credit Union is able to sustain and expand its offerings.

Moreover, the organization's focus on member satisfaction and community impact creates a ripple effect, encouraging financial literacy and empowerment, which can lead to more robust local economic growth. Through its operations, Florida Central Credit Union not only meets individual financial needs but also contributes positively to the broader community.




This information is meant to be a general summary of State Chartered Credit Unions In Florida Florida Central 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
$22,088,773 (2022)
Expenses
$19,819,876 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,563,868
  • Program Service Revenue: $17,524,905
  • Gross Receipts: $24,128,427

Assets and Liabilities:

  • Total Assets: $591,612,328
  • Total Liabilities: $584,226,613
  • Net Assets: $7,385,715

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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

$12,154,706

FEES/CHARGES/OTHER

Revenue

$5,335,231

FINANCE & INSURANCE

Revenue

$34,968

Organization Details

Founding Year

1991

Principal Officer

Thuy Linh N Dang

Main Address

3333 HENDERSON BLVD, TAMPA, FL, 33609

NTEE Category

Code: W60 - Public benefit

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