Program areas at Corporate America Family Credit Union
Received deposits from 68,055 members: Corporate America Family Credit Union (the Credit Union) provides savings products to members at very competitive rates including regular shares, money markets, certificates of deposit and ira products. The Credit Union also provides a variety of checking accounts including a traditional checking account that is free to our members.
Provided first mortgage and home equity loans to 371 members: the types of first mortgage loans offered are fixed rate and variable rate loans. The home equity loans are also either fixed rate or variable lines of Credit.
Provided consumer loans to 5,459 members: the types of consumer loans provided to the membership include auto loans, personal loans and Credit cards. Consumer loans are offered at competitive rates.
Personnel at Corporate America Family Credit Union
| Name | Title | Compensation | Date of data |
|---|
| Peter Paulson | President and Chief Executive Officer | $381,390 | 2022-12-31 |
| Dan Kadolph | Senior Vice President and Chief Financial Officer | $110,886 | 2022-12-31 |
| Daniel Kadolph | Chief Financial Officer | | 2023-11-13 |
| Andrew Bowen | Vice President Technology | $157,350 | 2022-12-31 |
| Carol Hoem | Senior Vice President / Vice President Risk Management | $163,358 | 2022-12-31 |
| ...and 12 more key personnel |
Financials for Corporate America Family Credit Union
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $33,441,082 | $30,108,739 | 11.1% |
| Investment income and dividends | $6,186,373 | $2,552,789 | 142.3% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $53,744 | $132,214 | -59.4% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $83,965 | $267,354 | -68.6% |
| Total revenues | $39,765,164 | $33,061,096 | 20.3% |
Organizations like Corporate America Family Credit Union
| Organization | Type | Location | Revenue |
|---|
| Consumer Credit Union | 501(c)(14) | Greeneville, TN | $20,055,124 |
| Indiana Members Credit Union | 501(c)(14) | Indianapolis, IN | $115,174,004 |
| 1st Northern California Credit Union | 501(c)(14) | Martinez, CA | $16,635,726 |
| Firefighters First Credit Union | 501(c)(14) | Los Angeles, CA | $47,155,486 |
| Firefighters Community Credit Union (FCCU) | 501(c)(14) | Cleveland, OH | $14,606,591 |
| Silver State Schools Credit Union | 501(c)(14) | Las Vegas, NV | $49,927,446 |
| Superior Choice Credit Union (SCCU) | 501(c)(14) | Superior, WI | $30,905,234 |
| Westmark Credit Union | 501(c)(14) | Idaho Falls, ID | $56,814,454 |
| Consumers Cooperative Credit Union | 501(c)(14) | Gurnee, IL | $171,749,526 |
| Visterra Credit Union | 501(c)(14) | Moreno Valley, CA | $17,489,863 |
Data update history
January 3, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Updated personnel
Identified 6 new personnel
December 25, 2023
Used new vendors
Identified 3 new vendors, including , , and
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 12, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Credit unions
Issues
Human services
Characteristics
State / local level
General information
- Address
- 2075 Big Timber Rd
- Elgin, IL 60123
- Metro area
- Chicago-Naperville-Elgin, IL-IN-WI
- County
- Kane County, IL
- Website URL
- cafcu.org/
- Phone
- (847) 214-2000
IRS details
- EIN
- 36-0760135
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1939
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Independent
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