Organizations Filed Purposes:
THE MISSION OF ADVANTAGE ONE CU IS TO OPERATE IN A SAFE AND SOUND MANNER WHILE MEETING THE FINANCIAL NEEDS OF ITS MEMBERSHIP.
THE LOAN PORTFOLIO HAD 2019 GROWTH OF 8.36%. DIRECT AUTO AND INDIRECT AUTO ACCOUNT FOR $48 MILLION OF A $110 MILLION PORTFOLIO. THESE BALANCES HAD LITTLE GROWTH IN 2019. MOST OF THE GROWTH IN 2019 CAME FROM THE BUSINESS PARTICIPATIONS (+50.92%, $4.1 MILLION) & CLOSED END HOME EQUITY (+154.59%, 3.1 MILLION) AREAS. EXPENSES ASSOCIATED WITH THIS AREA TOTALED $837,000 (NOT INCLUDING ALLOCABLE SALARIES, WAGES AND BENEFITS)
AS OF DECEMBER 31, 2019 ADVANTAGE ONE HAD 7,496 DR CARDS. THIS REPRESENTS 46% OF OUR TOTAL MEMBERSHIP. THE ASSOCIATED EXPENSE FOR THIS PROGRAM WAS ABOUT $612,000 (NOT INCLUDING WAGES AND BENEFITS).
EARNINGS FROM THE COURTESY PAY PROGRAM INCREASED 12.90% IN 2019 TO $1.33 MILLION. EXPENSES ASSOCIATED WITH UNCOLLECTED FEES AMOUNTED TO ABOUT $43,000
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Christopher Corkery | CEO | 55 | $199,657 |
| Vincent Neyland | CFO | 55 | $151,533 |
| Dwight Emanuel | COO | 45 | $133,805 |
| Nicholas Schmitter | CLO | 45 | $127,559 |
| Jerry Uchtorff | DIRECTOR | 1 | $0 |
| Robert J Mattern | TREASURER | 1 | $0 |
| Anthony Pascarella | SECRETARY | 1 | $0 |
| Mark Ragsdale | DIRECTOR | 1 | $0 |
| Mart Bertera | DIRECTOR | 1 | $0 |
| Rory Renaud | VICE CHAIRPERSON | 1 | $0 |
| Richard E Lindermann | CHAIRPERSON | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202011919349302711_public.xml