Arizona Central Credit Union

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

EIN: 860098350 ✦ Phoenix, AZ ✦ Designated as a 501(c)(14)

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Overview

What is Arizona Central Credit Union?

Arizona Central Credit Union is a Phoenix, Arizona-based financial cooperative with a mission to serve its members without profit. The credit union offers various banking services, including draft and share accounts that cater to both paper (check) and electronic transactions (web, mobile, card services). Additionally, it provides savings and certificate of deposit accounts, consumer and business loans, and a range of other financial products. The credit union's workforce consists of approximately 209 employees dedicated to fulfilling the needs of its member community.


Official website here: www.azcentralcu.org

Is Arizona Central Credit Union legitimate?

Arizona Central Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Arizona 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: $1,126,955
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,984,586

For more financial information, click here


Official website here: www.azcentralcu.org

What is the mission statement of Arizona Central Credit Union?

Arizona Central Credit Union is a not-for-profit financial cooperative dedicated to serving its members. Its primary mission is to offer checking and savings accounts, as well as various loan services, for the mutual benefit of its member base. The credit union provides both paper and electronic-based draft and share accounts, along with savings and certificate of deposit accounts. In addition to consumer loans, it also extends business loans. All these financial products and services cater to the exempt function activities for its membership.


Official website here: www.azcentralcu.org

Who is the CEO of Arizona Central Credit Union?

Greg Harden is the Chair of Arizona Central Credit Union. The CEO's salary of Arizona Central Credit Union is $371,288 and their total compensation is $405,596.


Official website here: www.azcentralcu.org

What is the revenue of Arizona Central Credit Union?

Arizona Central Credit Union's revenue in 2022 was $38,271,912.


Official website here: www.azcentralcu.org

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

The average compensation at Arizona Central Credit Union during 2022 was $57,950. There are 209 employees and 10 volunteers at Arizona Central Credit Union.


Here are 17 key members and their salaries (Arizona Central Credit Union's CEO's salary is $371,288 and their total compensation is $405,596):


Mark Denke (Chair)
  • Compensation: $13,200
  • Related: $0
  • Other: $0
Stephanie Mcquillan (Vice Chair)
  • Compensation: $10,200
  • Related: $0
  • Other: $0
Sandra Watts (Secretary)
  • Compensation: $10,200
  • Related: $0
  • Other: $0
Veronica Piotrowski (Treasurer)
  • Compensation: $10,200
  • Related: $0
  • Other: $0
Larry Pfeiffer (Chair Elect)
  • Compensation: $4,400
  • Related: $0
  • Other: $0
Brian Raczynski (Bod Member)
  • Compensation: $8,400
  • Related: $0
  • Other: $0
Nicolette Lemmon (Bod Member)
  • Compensation: $8,400
  • Related: $0
  • Other: $0
Kyle Hallstorm (Bod Member)
  • Compensation: $6,300
  • Related: $0
  • Other: $0
Gregory Harden (Ceo)
  • Compensation: $371,288
  • Related: $0
  • Other: $34,308
Michael Neill (Cfo, Vp Of Finance & Accounting)
  • Compensation: $157,054
  • Related: $0
  • Other: $16,157
Justin Whitesides (Svp Chief Administrative Officer)
  • Compensation: $209,630
  • Related: $0
  • Other: $30,368
Janet Moodie (Svp Coo)
  • Compensation: $218,457
  • Related: $0
  • Other: $18,393
Lisa Wilmot (Dir. Mortgage Operations)
  • Compensation: $167,391
  • Related: $0
  • Other: $11,265
Yvette Clay (Vp Clo)
  • Compensation: $161,924
  • Related: $0
  • Other: $20,103
Angela Smith (Vp Chief Strategist)
  • Compensation: $142,357
  • Related: $0
  • Other: $17,990
Katherin Pluhowsky (Vp Financial Resolution)
  • Compensation: $135,084
  • Related: $0
  • Other: $17,667
Paul Bauer Iii (Dir. Business Financial Services)
  • Compensation: $138,996
  • Related: $0
  • Other: $5,300


Official website here: www.azcentralcu.org

Where can I find the form 990 for Arizona Central Credit Union?

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


Official website here: www.azcentralcu.org

Learn more at the official website: www.azcentralcu.org

Mission Statement of Arizona Central Credit Union

Arizona Central Credit Union, a not-for-profit financial cooperative, is dedicated to serving its members and the community. Its primary mission is to provide essential banking services, including checking and savings accounts, as well as loans for both personal and business needs.

The credit union offers its members various account options, both paper-based and electronic. Members can utilize draft and share accounts that cater to both check transactions and electronic transfers via the web, mobile devices, or card services. Furthermore, the credit union provides savings and certificate of deposit accounts to help its members accumulate funds for future needs.

Arizona Central Credit Union's commitment to its community extends beyond its core services. By offering a diverse range of loan products, the credit union empowers its members to achieve their financial goals. Whether it's a consumer loan for a car or home improvement project, or a business loan to expand operations, the credit union's portfolio of products is designed to meet the financial needs of its members. Overall, Arizona Central Credit Union is a vital resource for its members, offering accessible and affordable financial services to help them thrive.

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Impact




October, 2024

Arizona Central Credit Union plays a vital role in the financial well-being of its members and the broader community in Phoenix, AZ. By offering a comprehensive range of financial products, including checking and savings accounts, as well as consumer and business loans, the credit union addresses the diverse needs of its members.

The availability of both paper and electronic services ensures that members can manage their finances conveniently through web, mobile, and card services, promoting financial inclusivity. With a mission focused on providing accessible and affordable banking options, Arizona Central Credit Union supports not only individual financial growth but also contributes to the economic stability of the community. Its commitment to serving members through tailored financial solutions fosters a sense of mutual support and empowerment, enhancing the quality of life for those it serves.




This information is meant to be a general summary of Arizona 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
$38,271,912 (2022)
Expenses
$32,068,931 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,605,145
  • Program Service Revenue: $29,955,421
  • Gross Receipts: $40,022,145

Assets and Liabilities:

  • Total Assets: $755,233,028
  • Total Liabilities: $701,518,544
  • Net Assets: $53,714,484

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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

$26,040,505

FEES & SERVICE CHARGES

Revenue

$3,892,095

FINANCE & INSURANCE

Revenue

$22,821

Organization Details

Founding Year

1939

Principal Officer

Greg Harden

Main Address

2020 N CENTRAL AVENUE 450, PHOENIX, AZ, 85004

NTEE Category

Code: W60 - Public benefit

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