Westby Co-Op Credit Union

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

EIN: 390966273 ✦ Westby, WI ✦ Designated as a 501(c)(14)

Overview

What is Westby Co-Op Credit Union?

Westby Co-Op Credit Union is a credit union located in Wisconsin, specifically at PO Box 70, Westby. With a team of 272 employees, they are committed to offering efficient, confidential, and accurate financial services to their members in a convenient and friendly environment. In the past year, they provided 797 new loans to members that were worth $2,000 or less. The credit union prides itself on being competitively priced, technologically advanced, and economically sound. They also support their communities and prioritize client satisfaction.


Official website here: www.wccucreditunion.coop

Is Westby Co-Op Credit Union legitimate?

Westby Co-Op Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Westby Co-Op 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: $1,375,559
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,255,936

For more financial information, click here


Official website here: www.wccucreditunion.coop

What is the mission statement of Westby Co-Op Credit Union?

Westby Co-Op Credit Union is committed to delivering efficient, confidential, and accurate financial services in a convenient and friendly environment. The credit union prides itself on being competitively priced, technologically advanced, and economically sound. Additionally, it supports its communities by offering these services. In the previous year, the credit union granted 797 new loans to its members, each worth $2,000 or less.


Official website here: www.wccucreditunion.coop

Who is the CEO of Westby Co-Op Credit Union?

John Rudie is the Chairperson Credit Com of Westby Co-Op Credit Union. The CEO's salary of Westby Co-Op Credit Union is $262,732 and their total compensation is $294,236.


Official website here: www.wccucreditunion.coop

What is the revenue of Westby Co-Op Credit Union?

Westby Co-Op Credit Union's revenue in 2022 was $40,291,199.


Official website here: www.wccucreditunion.coop

Who are the executives of Westby Co-Op Credit Union and what are their salaries?

The average compensation at Westby Co-Op Credit Union during 2022 was $42,763. There are 272 employees at Westby Co-Op Credit Union.

Here are 14 key members and their salaries (Westby Co-Op Credit Union's CEO's salary is $262,732 and their total compensation is $294,236):

    Kevin Hauser (President/Ceo) [Trustee/Director]
  • Compensation: $262,732
  • Related: $0
  • Other: $31,504

    • John Rudie (Cfo) [Trustee/Director]
  • Compensation: $203,983
  • Related: $0
  • Other: $31,289

    • Vincent Paduano (Clo) [Trustee/Director]
  • Compensation: $160,261
  • Related: $0
  • Other: $27,343

    • Marlene Olson (Cxo) [Trustee/Director]
  • Compensation: $161,951
  • Related: $0
  • Other: $14,229

    • Art Schrader (Cbdo) [Trustee/Director]
  • Compensation: $153,306
  • Related: $0
  • Other: $13,649

    • Tom Hafemann (Cto) [Trustee/Director]
  • Compensation: $154,144
  • Related: $0
  • Other: $7,983

    • Garland Mcgoney (Retired Cto)
  • Compensation: $90,851
  • Related: $0
  • Other: $7,534

    • Monte Torgerson (Chairperson Credit Com) [Trustee/Director]
  • Compensation: $10,125
  • Related: $0
  • Other: $0

    • William Marohl (Secretary Audit Com) [Trustee/Director]
  • Compensation: $9,750
  • Related: $0
  • Other: $0

    • Sarah Mani (Treasurer Alco Com) [Trustee/Director]
  • Compensation: $7,400
  • Related: $0
  • Other: $0

    • Kevin Larson (2Nd Vice Chair) [Trustee/Director]
  • Compensation: $7,350
  • Related: $0
  • Other: $0

    • Christine Sloat (Vice Chairman It Com) [Trustee/Director]
  • Compensation: $7,275
  • Related: $0
  • Other: $0

    • Joanne Hurnfeld (2Nd Vice Chair Alco Com) [Trustee/Director]
  • Compensation: $6,900
  • Related: $0
  • Other: $0

    • Alan Berg (2Nd Vice Chair Audit Com) [Trustee/Director]
  • Compensation: $6,000
  • Related: $0
  • Other: $0


  • Official website here: www.wccucreditunion.coop

    Where can I find the form 990 for Westby Co-Op Credit Union?

    The Westby Co-Op Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wccucreditunion.coop

    Learn more at the official website: www.wccucreditunion.coop

    Mission Statement of Westby Co-Op Credit Union

    Westby Co-Op Credit Union is committed to delivering services that are efficient, confidential, and accurate in a convenient and friendly environment. The credit union prides itself on being competitively priced, technologically advanced, and economically sound. Westby Co-Op Credit Union's ultimate goal is to support its communities.

    In practice, the credit union achieves this mission by providing a wide range of financial services to its members. In 2022 alone, Westby Co-Op Credit Union granted 797 new loans to members, each worth $2,000 or less. This demonstrates the credit union's dedication to making financial assistance accessible to its members. The credit union's team works diligently to ensure that the services they offer are of the highest quality and that its members receive accurate and efficient financial solutions.

    Westby Co-Op Credit Union's commitment to its communities extends beyond its financial services. The credit union aims to provide a positive and welcoming experience for its members. By maintaining a convenient and friendly environment, Westby Co-Op Credit Union fosters trust and confidence among its members. As a result, the credit union has built a strong and loyal community of satisfied customers.

    Westby Co-Op Credit Union's unwavering dedication to its mission is exemplified in its daily operations. Through its efficient and confidential services, the credit union helps members manage their finances and improve their financial wellbeing. With a technologically advanced approach and economically sound practices, Westby Co-Op Credit Union remains a trusted financial partner for its members.

    Impact

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




    Thursday, August 15, 2024

    Westby Co-Op Credit Union's impact is significant in providing efficient, confidential, and accurate financial services in a convenient and friendly environment to its members. By offering competitively priced, technologically advanced, and economically sound products, the credit union actively supports the communities it serves in Westby, WI.

    In 2022 alone, Westby Co-Op Credit Union provided 797 new loans to members, with a focus on loans of $2,000 or less. This demonstrates the credit union's commitment to meeting the financial needs of its members, particularly those seeking smaller loan amounts.

    Through its mission of providing top-quality financial services while supporting the local community, Westby Co-Op Credit Union is making a positive impact on the lives of its members and the broader community it serves.





    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: $2,579,694
  • Program Service Revenue: $37,711,505
  • Gross Receipts: $40,291,199

    • Assets and Liabilities:
  • Total Assets: $834,152,989
  • Total Liabilities: $717,008,712
  • Net Assets: $117,144,277
  • Programs

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

    LOAN INTEREST AND FEES

    Revenue

    $37,273,907

    LOAN INSURANCE

    Revenue

    $437,598

    Organization Details

    Founding Year

    1939

    Principal Officer

    John Rudie

    Main Address

    PO BOX 70, WESTBY, WI, 54667

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Westby Co-Op 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.