Program areas at Cornerstone Credit Union League
Information central provides phone and email service to Credit unions to provide information on compliance and regulatory assistance for member Credit unions. Regulatory & compliance generates annual videos for compliance issues such as bsa and director duties and responsibilities. The information central division answers over 3,000 phone calls and provides regulatory and legal updates to the League infosight online compliance manual and distributes monthly compliance e-newsletters to member Credit unions.
Compliance and regulatory. Communicates with regulators, provides analysis of new proposals, assists Credit unions in crafting persuasive responses to governing agencies, and provides interpretation and feedback on how best to comply with existing regulations.
Engagement consultants. The focus of this group is to act as the primary point of contact and day-to-day link between Cornerstone and its Credit unions. They provide high touch and high tech to enhance the member experience and maximize the value of League membership.
Asset/liability management services
Personnel at Cornerstone Credit Union League
| Name | Title | Compensation | Date of data |
|---|
| Caroline Willard | President and Chief Executive Officer | $363,564 | 2022-12-31 |
| Karen Hart Left In April | Executive Vice President and Chief Financial Officer | $46,849 | 2021-12-31 |
| Shoaib Salamat | Senior Vice President , Finance and Administration | $47,244 | 2023-11-15 |
| James Phelps | Senior Vice President and Advocacy | $322,926 | 2022-12-31 |
| Courtney Moran | Executive Director , Ccuf / Executive Director , Cornerstone Credit Union Foundation | $0 | 2022-12-31 |
| ...and 11 more key personnel |
Financials for Cornerstone Credit Union League
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $482,022 | -100% |
| Program services | $7,544,188 | $6,740,401 | 11.9% |
| Investment income and dividends | $122,831 | $19,989 | 514.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $84,840 | $61,385 | 38.2% |
| Net gain from sale of non-inventory assets | $0 | $37,435 | -100% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $312,889 | $65,413 | 378.3% |
| Total revenues | $8,064,748 | $7,406,645 | 8.9% |
Organizations like Cornerstone Credit Union League
| Organization | Type | Location | Revenue |
|---|
| American Credit Union Mortgage Association | 501(c)(6) | Middleton, WI | $2,472,257 |
| The Building Industry Consulting Service International (BICSI) | 501(c)(6) | Tampa, FL | $15,567,071 |
| California State Association of Counties (CSAC) | 501(c)(4) | Sacramento, CA | $11,598,819 |
| Associated School Boards of South Dakota (ASBSD) | 501(c)(3) | Pierre, SD | $2,268,351 |
| Texas and Southwestern Cattle Raisers Association | 501(c)(6) | Fort Worth, TX | $10,005,622 |
| Arizona Health Care Association (AHCA) | 501(c)(6) | Phoenix, AZ | $4,464,539 |
| Michigan Association of Health Plans (MAHP) | 501(c)(6) | Lansing, MI | $4,034,930 |
| Austin Apartment Association (AAA) | 501(c)(6) | Austin, TX | $2,438,068 |
| Washington State Hospital Association | 501(c)(6) | Seattle, WA | $14,265,392 |
| RV Industry Association (RVIA) | 501(c)(6) | Herndon, VA | $13,019,608 |
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 9, 2024
Updated personnel
Identified 3 new personnel
December 27, 2023
Used new vendors
Identified 1 new vendor, including
June 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 22, 2023
Updated personnel
Identified 6 new personnel
Nonprofit Types
Public sector nonprofitsTrade associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementPublic policyBusiness and industry
Characteristics
Political advocacyState / local levelRelated 527
General information
- Address
- 6801 Parkwood Blvd Suite 300
- Plano, TX 75024
- Metro area
- Dallas-Fort Worth-Arlington, TX
- County
- Collin County, TX
- Website URL
- cornerstoneleague.coop/Â
- Phone
- (800) 442-5762
- Facebook page
- cornerstoneculÂ
- Twitter profile
- @cornerstone_culÂ
IRS details
- EIN
- 75-0603700
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1934
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W03: Public and Societal Benefit Professional Societies and Associations
- NAICS code, primary
- 813910: Trade Associations
- Parent/child status
- Central organization
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