River Region Credit Union

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

EIN: 440623480 ✦ Jefferson city, MO ✦ Designated as a 501(c)(14)

Overview

What is River Region Credit Union?

River Region Credit Union is a nonprofit financial institution located at 3124 West Edgewood Drive in Jefferson City, Missouri (65109). With a team of 106 employees, this credit union caters to 28,780 members, offering them top-notch financial services. Their mission is to not only enhance the financial well-being of their members but also maintain the financial strength of the credit union. By providing high-quality financial services, River Region Credit Union ensures its members' financial stability.


Official website here: www.rrcu.org

Is River Region Credit Union legitimate?

River Region Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. River Region 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: $1,988,916
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,800,729

For more financial information, click here


Official website here: www.rrcu.org

What is the mission statement of River Region Credit Union?

The River Region Credit Union is dedicated to delivering top-tier financial services to its members, prioritizing their financial health and well-being. By maintaining the credit union's financial strength, this commitment ensures a sustainable and reliable experience for its 28,780 members. The institution offers a range of financial and financially related services designed to meet the diverse needs of its clientele. Through its unwavering dedication to quality and service, the River Region Credit Union enhances the financial lives of its members while preserving the financial stability of the cooperative.


Official website here: www.rrcu.org

Who is the CEO of River Region Credit Union?

Richard Nichols is the Chairman of River Region Credit Union. The CEO's salary of River Region Credit Union is $527,963 and their total compensation is $730,415.


Official website here: www.rrcu.org

What is the revenue of River Region Credit Union?

River Region Credit Union's revenue in 2022 was $21,397,090.


Official website here: www.rrcu.org

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

The average compensation at River Region Credit Union during 2022 was $54,619. There are 106 employees and 16 volunteers at River Region Credit Union.

Here are 23 key members and their salaries (River Region Credit Union's CEO's salary is $527,963 and their total compensation is $730,415):

    Richard Nichols (President/Ceo)
  • Compensation: $527,963
  • Related: $0
  • Other: $202,452

    • Galen Wilhoit (Evp/Chief Financial Officer)
  • Compensation: $230,562
  • Related: $0
  • Other: $31,380

    • Louie Delk (Chief Member Experience Officer)
  • Compensation: $191,371
  • Related: $0
  • Other: $41,607

    • Will Lemen (Dealer Services Manager)
  • Compensation: $143,458
  • Related: $0
  • Other: $27,544

    • Lisa Wolken (Vice President-Real Estate Loan Origination)
  • Compensation: $117,445
  • Related: $0
  • Other: $17,130

    • Ange Daiprai (Vice President-Operations)
  • Compensation: $99,247
  • Related: $0
  • Other: $22,301

    • Donna Toebben (Vice President-Human Resources)
  • Compensation: $91,146
  • Related: $0
  • Other: $29,219

    • Dave Miller (Vice President-Residential Lending)
  • Compensation: $102,758
  • Related: $0
  • Other: $15,568

    • Dana Alderman (Vice President-Business Development)
  • Compensation: $83,748
  • Related: $0
  • Other: $17,578

    • Jd Moore (Vice President-Information Technology)
  • Compensation: $71,022
  • Related: $0
  • Other: $10,105

    • Randy Burhans (Vice President-Information Technology (Term))
  • Compensation: $42,113
  • Related: $0
  • Other: $15,855

    • Craig Dunn (Vice President-Real Estate Lending)
  • Compensation: $28,040
  • Related: $0
  • Other: $306

    • Kevin Robinson (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allen Floyd (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Ferguson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Williams (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Leuckel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Borengasser (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Coffey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dianna Silvester (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Busch (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Newman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Thieret (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rrcu.org

    Where can I find the form 990 for River Region Credit Union?

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


    Official website here: www.rrcu.org

    Learn more at the official website: www.rrcu.org

    Mission Statement of River Region Credit Union

    River Region Credit Union, a leading financial institution, is dedicated to delivering top-notch financial services to its 28,780 members. By doing so, it strives to enhance their financial well-being and, in turn, maintains the financial robustness of the organization.

    The mission of River Region Credit Union is multifaceted. It prioritizes providing exceptional financial services to its members, ensuring their financial health and stability. Simultaneously, the credit union works diligently to preserve its financial strength, enabling it to continue serving its members effectively and sustainably.

    In essence, River Region Credit Union acts as a partner to its members, offering various financial and related services tailored to their unique needs. Its commitment extends beyond just transactions, as it values the financial well-being of each individual and family it serves. By focusing on both the individual and the collective financial health of its members, the credit union fosters financial security and independence.

    Impact

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




    Thursday, August 15, 2024

    River Region Credit Union has a significant impact on the financial well-being of its members in the Jefferson City, MO community. By providing high-quality financial services to over 28,780 members, the credit union plays a vital role in enhancing the financial health of individuals and families. Through its mission of maintaining financial strength while prioritizing the well-being of its members, River Region Credit Union contributes to the overall economic stability of the region. Its commitment to providing public benefit through accessible and reliable financial services highlights its positive impact on 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: $789,600
  • Program Service Revenue: $20,567,893
  • Gross Receipts: $21,397,090

    • Assets and Liabilities:
  • Total Assets: $454,310,727
  • Total Liabilities: $415,181,220
  • Net Assets: $39,129,507
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $15,248,807

    FEES & OTHER INCOME

    Revenue

    $5,274,411

    WARRANTY & OTHER INSURANCE

    Revenue

    $44,675

    Organization Details

    Founding Year

    1954

    Principal Officer

    Richard Nichols

    Main Address

    3124 WEST EDGEWOOD DRIVE, JEFFERSON CITY, MO, 651096865

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of River Region 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.