Park Side Financial Credit Union

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

EIN: 237155544 ✦ Whitefish, MT ✦ Designated as a 501(c)(14)

Overview

What is Park Side Financial Credit Union?

Park Side Financial Credit Union is a member-owned cooperative based in Whitefish, Montana, with an address at 1300 Baker Ave, ZIP code 59937. As a not-for-profit financial cooperative, it offers a diverse range of financial services to its members. These services encompass providing real estate loans, consumer loans, checking accounts, savings accounts, and time deposits. At the end of 2022, Park Side Financial Credit Union reported having 49,620 transactional deposit accounts worth $270,085,005 and 1,983 time deposit accounts worth $82,093,255. Furthermore, the credit union had 1,450 real estate loans with a total value of $185,221,797. With a workforce of 114 employees, the credit union aims to be the best place for people in Western Montana to secure a loan.


Official website here: www.parksidefcu.com

Is Park Side Financial Credit Union legitimate?

Park Side Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Park Side 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $888,565
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,764,057

For more financial information, click here


Official website here: www.parksidefcu.com

What is the mission statement of Park Side Financial Credit Union?

Park Side Financial Credit Union is a member-driven financial cooperative committed to offering a diverse range of financial services to its members. Their primary focus includes providing real estate loans, consumer loans, checking accounts, savings accounts, and time deposits. At the end of 2022, the credit union managed 49,620 transactional deposit accounts worth $270,085,005, 1,983 time deposit accounts valued at $82,093,255, and 1,450 real estate loans totaling $185,221,797. In essence, their mission is to be the preferred choice for individuals in Western Montana seeking loan services.


Official website here: www.parksidefcu.com

Who is the CEO of Park Side Financial Credit Union?

Jeremy Presta is the Chair of Park Side Financial Credit Union. The CEO's salary of Park Side Financial Credit Union is $299,563 and their total compensation is $338,951.


Official website here: www.parksidefcu.com

What is the revenue of Park Side Financial Credit Union?

Park Side Financial Credit Union's revenue in 2022 was $17,656,460.


Official website here: www.parksidefcu.com

Who are the executives of Park Side Financial Credit Union and what are their salaries?

The average compensation at Park Side Financial Credit Union during 2022 was $49,584. There are 114 employees and 14 volunteers at Park Side Financial Credit Union.

Here are 17 key members and their salaries (Park Side Financial Credit Union's CEO's salary is $299,563 and their total compensation is $338,951):

    Jeremy Presta (Ceo)
  • Compensation: $299,563
  • Related: $0
  • Other: $39,388

    • Troy Brackey (Cfo)
  • Compensation: $280,896
  • Related: $0
  • Other: $28,039

    • Maureen Bryan (Senior Vp Of Hr)
  • Compensation: $220,344
  • Related: $0
  • Other: $20,336

    • Carol Beniger (Vp Of Lending)
  • Compensation: $129,824
  • Related: $0
  • Other: $30,790

    • Josh Kroll (Vp Of Marketing)
  • Compensation: $126,060
  • Related: $0
  • Other: $31,857

    • Laura Scoville (Vp Of Back Office Ops.)
  • Compensation: $124,649
  • Related: $0
  • Other: $29,595

    • Teresa Short (Vp Of It)
  • Compensation: $128,653
  • Related: $0
  • Other: $19,677

    • Alisa Mcconkey (Vp Of Operations)
  • Compensation: $114,162
  • Related: $0
  • Other: $32,189

    • Carl Thomas (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Flink (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Thorpe (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dick Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Jarosch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diana Lamers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rich Pederson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daria Perez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Sutherland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.parksidefcu.com

    Where can I find the form 990 for Park Side Financial Credit Union?

    The Park Side Financial Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.parksidefcu.com

    Learn more at the official website: www.parksidefcu.com

    Mission Statement of Park Side Financial Credit Union

    Park Side Financial Credit Union, a member-owned cooperative, is dedicated to being the best place for people in western Montana to obtain a loan. This not-for-profit financial cooperative offers a wide range of financial services to its members. Among its primary services are providing real estate loans, consumer loans, checking accounts, savings accounts, and time deposits. At the end of 2022, Park Side Financial Credit Union boasted 49,620 transactional deposit accounts with a total value of $270,085,005, 1,983 time deposit accounts with a collective value of $82,093,255, and 1,450 real estate loans worth $185,221,797. By offering these financial services, Park Side Financial Credit Union aims to make a positive impact on the lives of its members.

    Impact

    This information is meant to be a general summary of Park Side Financial Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Park Side Financial Credit Union positively impacts the community by providing essential financial services to its members. By offering real estate loans, consumer loans, checking accounts, savings accounts, and time deposits, Park Side Financial Credit Union plays a crucial role in supporting the financial well-being of individuals in Western Montana. Through its cooperative structure, Park Side Financial Credit Union fosters a sense of financial empowerment and ownership among its members, further contributing to the economic health of the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $662,590
  • Program Service Revenue: $16,948,930
  • Gross Receipts: $21,920,706

    • Assets and Liabilities:
  • Total Assets: $423,363,479
  • Total Liabilities: $394,632,071
  • Net Assets: $28,731,408
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST ON LOANS

    Revenue

    $12,689,505

    FEES AND CHARGES

    Revenue

    $4,259,425

    Organization Details

    Founding Year

    1965

    Principal Officer

    Jeremy Presta

    Main Address

    1300 BAKER AVE, WHITEFISH, MT, 59937

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Park Side Financial Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.