Spire Credit Union

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

EIN: 410585825 ✦ Falcon heights, MN ✦ Designated as a 501(c)(14)

Overview

What is Spire Credit Union?

Spire Credit Union is a member-owned financial cooperative based at 2025 Larpenteur Ave W in Falcon Heights, Minnesota (55113). With a staff of 488 passionate professionals, Spire Credit Union is dedicated to improving the financial well-being of its members. Their range of services includes savings deposit accounts, checking services, loan origination, and loan portfolio servicing. The organization's mission emphasizes safety, sound operations, and respect for employees and members. Committed to providing competitive and quality financial services, Spire Credit Union strives to enhance the financial well-being of its members.


Official website here: www.myspire.com

Is Spire Credit Union legitimate?

Spire Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Spire 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: $5,137,909
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,369,786

For more financial information, click here


Official website here: www.myspire.com

What is the mission statement of Spire Credit Union?

Spire Credit Union is a financial cooperative dedicated to enhancing the financial well-being of its member-owners. The institution is focused on delivering competitive and high-quality financial services, prioritizing safety and sound operations. Their primary goal is to improve the financial situations of their members. The credit union provides savings deposit services and checking accounts for members. In addition, they originate new loans and manage their loan portfolio to cater to the diverse financial needs of their members. By offering these services, Spire Credit Union strives to make a positive impact on the financial well-being of its community.


Official website here: www.myspire.com

Who is the CEO of Spire Credit Union?

Dan Stoltz is the Ceo of Spire Credit Union. The CEO's salary of Spire Credit Union is $1,384,767 and their total compensation is $1,703,521.


Official website here: www.myspire.com

What is the revenue of Spire Credit Union?

Spire Credit Union's revenue in 2022 was $89,487,429.


Official website here: www.myspire.com

Who are the executives of Spire Credit Union and what are their salaries?

The average compensation at Spire Credit Union during 2022 was $50,221. There are 488 employees and 13 volunteers at Spire Credit Union.

Here are 19 key members and their salaries (Spire Credit Union's CEO's salary is $1,384,767 and their total compensation is $1,703,521):

    Dan Stoltz (Ceo) [Trustee/Director]
  • Compensation: $1,384,767
  • Related: $0
  • Other: $318,754

    • Tom Langseth (Investment Service Advisor)
  • Compensation: $480,120
  • Related: $0
  • Other: $32,574

    • Justin Burleson (Svp/Chief Ops & Financial Officer)
  • Compensation: $388,429
  • Related: $0
  • Other: $120,635

    • Cliff Wantz (Sr Vp Of Lending And Produ)
  • Compensation: $347,555
  • Related: $0
  • Other: $119,735

    • James Ganger (Sr Vp Relationship & Servi)
  • Compensation: $361,220
  • Related: $0
  • Other: $101,213

    • Casey Carlson (Svp Chief Marketing Officer)
  • Compensation: $307,452
  • Related: $0
  • Other: $100,213

    • Steve Carlson (Financial Executive)
  • Compensation: $233,004
  • Related: $0
  • Other: $31,390

    • Danielle Pfeifer (Vp Of Relationship & Service Experience)
  • Compensation: $199,209
  • Related: $0
  • Other: $39,672

    • Robin Grimes (Avp Real Estate Lending)
  • Compensation: $193,861
  • Related: $0
  • Other: $37,658

    • Mary Doyle (Core Project Business Unit Coordinator)
  • Compensation: $193,862
  • Related: $0
  • Other: $29,540

    • Paul Zyla (Svp/Chief Information Officer)
  • Compensation: $177,107
  • Related: $0
  • Other: $15,258

    • Tom Heinzen (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Lee Brucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Taglia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Nimlos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.myspire.com

    Where can I find the form 990 for Spire Credit Union?

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


    Official website here: www.myspire.com

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

    Mission Statement of Spire Credit Union

    Spire Credit Union, a financial cooperative, is dedicated to enhancing the financial well-being of its member-owners. The mission of this financial institution is centered around providing competitive, high-quality financial services while maintaining a strong focus on safety and sound operations. By prioritizing the needs and interests of its members and employees, Spire Credit Union sets itself apart.

    In practice, Spire Credit Union offers a variety of financial services designed to cater to the diverse needs of its members. These services include savings deposit accounts, checking accounts, new loan origination, and loan portfolio servicing. Through these offerings, the credit union aims to help its members achieve their financial goals and improve their overall financial well-being.

    At the core of Spire Credit Union's operations is a commitment to delivering competitive and quality financial services. By focusing on the financial well-being of its members, Spire Credit Union distinguishes itself as a trusted financial partner. In pursuit of this goal, the credit union maintains a strong emphasis on safety and sound operations, ensuring that the financial services it provides are reliable and secure. The team at Spire Credit Union respects its members and employees, fostering a collaborative and supportive work environment that enables the organization to effectively serve its mission.

    Impact

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




    Thursday, August 15, 2024

    Spire Credit Union positively impacts its community by improving the financial well-being of its member-owners. Through providing savings deposit services, checking accounts, originating new loans, and servicing the loan portfolio for its members, Spire Credit Union contributes to the financial stability and growth of individuals and families. This commitment to offering competitive, quality financial services with a focus on safety, sound operations, and respect for its members and employees aligns with its mission of enhancing the financial well-being of its member-owners.





    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: $5,230,569
  • Program Service Revenue: $84,256,860
  • Gross Receipts: $127,886,944

    • Assets and Liabilities:
  • Total Assets: $2,119,022,641
  • Total Liabilities: $1,968,832,994
  • Net Assets: $150,189,647
  • Programs

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

    LOAN INTEREST INCOME

    Revenue

    $53,788,744

    OTHER OPERATING INCOME

    Revenue

    $20,788,315

    FEE INCOME

    Revenue

    $9,679,801

    Organization Details

    Founding Year

    1934

    Principal Officer

    Dan Stoltz

    Main Address

    2025 LARPENTEUR AVE W, FALCON HEIGHTS, MN, 55113

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Spire 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.