Overview
What is Ithink Financial Credit Union?
Ithink Financial Credit Union, also known as iTHINK Financial, is a member-driven financial institution located in Delray Beach, Florida. With a team of 469 dedicated employees, they provide various financial services including draft and share accounts, loans, share certificates, and other activities exempt under the Functions Act to their members. iTHINK Financial's mission is to deliver superior service to both its membership and the communities it serves, all while ensuring the safety and soundness of the credit union. The credit union's activities encompass the offerings of accounts and loans, ensuring a commitment to both its members and the communities they are a part of.
Official website here: www.ithinkfi.org
Is Ithink Financial Credit Union legitimate?
Ithink Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Ithink 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: $2,343,664
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,948,351
For more financial information, click here
Official website here: www.ithinkfi.org
What is the mission statement of Ithink Financial Credit Union?
Ithink Financial Credit Union is dedicated to delivering exceptional service to its members and the communities it serves, while maintaining the stability and security of the institution. Through various financial offerings including draft and share accounts, loans, share certificates, and other exempt function activities, the credit union aims to meet the needs of its membership effectively. The organization's commitment to service excellence extends beyond its members, as it also prioritizes the well-being of the communities it serves. Additionally, it ensures the safety and soundness of the credit union to maintain trust and confidence among its members.
Official website here: www.ithinkfi.org
Who is the CEO of Ithink Financial Credit Union?
Michael L Miller is the Principal Officer of Ithink Financial Credit Union. The CEO's salary of Ithink Financial Credit Union is $952,768 and their total compensation is $1,099,008.
Official website here: www.ithinkfi.org
What is the revenue of Ithink Financial Credit Union?
Ithink Financial Credit Union's revenue in 2022 was $86,426,438.
Official website here: www.ithinkfi.org
Who are the executives of Ithink Financial Credit Union and what are their salaries?
The average compensation at Ithink Financial Credit Union during 2022 was $58,192. There are 469 employees and 14 volunteers at Ithink Financial Credit Union.
Here are 20 key members and their salaries (Ithink Financial Credit Union's CEO's salary is $952,768 and their total compensation is $1,099,008):
- Compensation: $952,768
- Related: $0
- Other: $146,240
- Compensation: $301,596
- Related: $0
- Other: $77,911
- Compensation: $289,986
- Related: $0
- Other: $63,594
- Compensation: $271,638
- Related: $0
- Other: $45,895
- Compensation: $263,838
- Related: $0
- Other: $28,986
- Compensation: $263,838
- Related: $0
- Other: $28,894
- Compensation: $165,796
- Related: $0
- Other: $34,148
- Compensation: $161,315
- Related: $0
- Other: $20,790
- Compensation: $144,315
- Related: $0
- Other: $36,031
- Compensation: $146,449
- Related: $0
- Other: $20,697
- Compensation: $131,815
- Related: $0
- Other: $33,165
- Compensation: $11,052
- Related: $0
- Other: $0
- Compensation: $8,263
- Related: $0
- Other: $0
- Compensation: $5,477
- Related: $0
- Other: $0
- Compensation: $4,164
- Related: $0
- Other: $0
- Compensation: $2,070
- Related: $0
- Other: $0
- Compensation: $2,008
- Related: $0
- Other: $0
- Compensation: $1,684
- Related: $0
- Other: $0
- Compensation: $162
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ithinkfi.org
Where can I find the form 990 for Ithink Financial Credit Union?
Ithink Financial Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ithinkfi.org
Learn more at the official website: www.ithinkfi.org
Mission Statement of Ithink Financial Credit Union
Ithink Financial Credit Union, with a commitment to service excellence, works tirelessly to meet the needs of its membership and the communities it serves. This financial institution goes beyond offering standard banking services, ensuring the stability and security of its operations. The credit union provides a range of exempt function activities to its members, including draft and share accounts, loans, and share certificates.
At the core of Ithink Financial Credit Union's mission lies its dedication to serving its community. It strives to deliver top-notch services that cater to the unique financial requirements of its members. By focusing on both the membership and the communities it serves, Ithink Financial Credit Union distinguishes itself as a reliable and caring financial partner. The credit union's unwavering commitment to service excellence is a testament to its values and its mission to make a positive impact in people's lives.
Moreover, Ithink Financial Credit Union prioritizes the safety and soundness of its operations, ensuring that its members' financial well-being is protected. This commitment to stability is an essential aspect of the credit union's mission, as it builds trust and confidence among its members. In summary, Ithink Financial Credit Union is a forward-thinking financial institution that puts its members first, providing exceptional services while maintaining the highest level of financial security.
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Impact
October, 2024
Ithink Financial Credit Union significantly impacts its members and the surrounding communities through dedicated service excellence and a commitment to financial well-being. By offering a range of services, including draft and share accounts, loans, and share certificates, it provides vital financial tools that empower individuals to manage their finances effectively.
Located in Delray Beach, Florida, the credit union not only focuses on the needs of its members but also invests in community development. This dual focus enhances financial literacy, strengthens community ties, and fosters economic growth. The credit union’s approach ensures safety and soundness, creating a reliable foundation for its members' financial futures, thereby enhancing overall community welfare. Through these efforts, Ithink Financial Credit Union plays a critical role in promoting financial stability and community engagement.
This information is meant to be a general summary of Ithink 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: $5,180,046
- Program Service Revenue: $81,246,392
- Gross Receipts: $86,426,438
Assets and Liabilities:
- Total Assets: $2,178,700,861
- Total Liabilities: $2,028,936,151
- Net Assets: $149,764,710
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME ON LOANS
Revenue
$65,093,702
FEES/CHARGES/OTHER
Revenue
$6,043,045
INTERCHANGE INCOME
Revenue
$6,251,543
FNMA SERVICING
Revenue
$770,379
GAP INSURANCE
Revenue
$409,090
Organization Details
Founding Year
1969
Phone
(561) 982-4700Principal Officer
Michael L Miller
Main Address
1000 NW 17 AVE, Delray Beach, FL, 334452555
Website
www.ithinkfi.orgNTEE Category
Code: W61 - Public benefit
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