Western Cooperative Credit Union

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

EIN: 450216652 ✦ Williston, ND ✦ Designated as a 501(c)(14)

Overview

What is Western Cooperative Credit Union?

Western Cooperative Credit Union is a community-focused credit union based in Williston, North Dakota. To become a member, individuals or businesses must reside within a specific radius of Williston, Dickinson, Hebron, Beach, Ray, or Glen Ullin. Membership is also extended to family members, including spouses, children, parents, siblings, grandparents, grandchildren, stepparents, stepsiblings, and adoptive relationships. Once a person becomes a member, their membership continues until they choose to close their account. The credit union aims to provide financial benefits to its members by offering cost-effective financial services and education consistent with cooperative principles, prudent management, and maintaining a strong community presence. The organization employs approximately 120 people.


Official website here: www.wccu.org

Is Western Cooperative Credit Union legitimate?

Western Cooperative Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Western Cooperative 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: $608,973
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,234,267

For more financial information, click here


Official website here: www.wccu.org

What is the mission statement of Western Cooperative Credit Union?

The Western Cooperative Credit Union is dedicated to enhancing the financial wellbeing of its members. Its mission is geared towards maximizing member benefits through affordable financial services, cooperative principles, prudent management, and maintaining a strong community presence. The credit union's commitment to its members extends to their families, making eligibility accessible to spouses, children, parents, siblings, grandparents, grandchildren, stepparents, stepsiblings, and adoptive relationships. Upon becoming a member, the membership continues until the account is closed.


Official website here: www.wccu.org

Who is the CEO of Western Cooperative Credit Union?

Melanie Stillwell is the Chairman of Western Cooperative Credit Union. The CEO's salary of Western Cooperative Credit Union is $398,397 and their total compensation is $450,580.


Official website here: www.wccu.org

What is the revenue of Western Cooperative Credit Union?

Western Cooperative Credit Union's revenue in 2022 was $16,661,044.


Official website here: www.wccu.org

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

The average compensation at Western Cooperative Credit Union during 2022 was $48,694. There are 120 employees and 8 volunteers at Western Cooperative Credit Union.

Here are 12 key members and their salaries (Western Cooperative Credit Union's CEO's salary is $398,397 and their total compensation is $450,580):

    Melanie Stillwell (Ceo/President)
  • Compensation: $398,397
  • Related: $0
  • Other: $52,183

    • Justin Maddison (Chief Financial Officer)
  • Compensation: $210,576
  • Related: $0
  • Other: $40,549

    • Nickolas Dressler (Ag/Business Loan Manager)
  • Compensation: $126,057
  • Related: $0
  • Other: $28,444

    • Scott Schwindt (Cheif Operations Officer)
  • Compensation: $137,347
  • Related: $0
  • Other: $14,424

    • Jason Delorme (Consumer/Mortgage Loan Manager)
  • Compensation: $104,381
  • Related: $0
  • Other: $34,080

    • Shawn Romo (Senior Ag Officer)
  • Compensation: $100,594
  • Related: $0
  • Other: $14,129

    • Shailoh Kovash (Reginal Vice President/It)
  • Compensation: $103,084
  • Related: $0
  • Other: $6,035

    • Larry Novak (Chairman) [Trustee/Director]
  • Compensation: $5,200
  • Related: $0
  • Other: $0

    • Gina Karsky (Secretary - Treasurer) [Trustee/Director]
  • Compensation: $5,200
  • Related: $0
  • Other: $0

    • Larry Schilke (Vice Chairman) [Trustee/Director]
  • Compensation: $5,200
  • Related: $0
  • Other: $0

    • Lee Murphy (Director)
  • Compensation: $5,200
  • Related: $0
  • Other: $0

    • Heather Feiring (Director)
  • Compensation: $4,800
  • Related: $0
  • Other: $0


  • Official website here: www.wccu.org

    Where can I find the form 990 for Western Cooperative Credit Union?

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


    Official website here: www.wccu.org

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

    Mission Statement of Western Cooperative Credit Union

    Western Cooperative Credit Union, a community-chartered credit union, is dedicated to maximizing financial benefits for its members. The organization's purpose is threefold: to offer cost-effective financial services, provide education in line with cooperative principles, and manage funds prudently. WCCU's strong commitment to its members extends beyond financial services. It also aims to maintain a robust presence in the communities it serves.

    To be eligible for membership, an individual or business must reside or operate within WCCU's field of membership, which includes areas around Williston, Dickinson, Hebron, Beach, Glen Ullin, and Ray in North Dakota. Family members, including spouses, children, stepchildren, parents, siblings, grandparents, grandchildren, stepparents, stepsiblings, and adoptive relationships, are also welcome to join. Once a person becomes a member, their membership continues until they choose to close their account.

    Western Cooperative Credit Union's mission is to create value for its members by providing affordable financial services and promoting financial literacy through educational programs. The credit union's operations are guided by cooperative principles, ensuring that it prioritizes the needs of its members above all else. By maintaining a strong presence in the communities it serves, WCCU fosters lasting relationships and contributes to the overall economic development of the region.

    Impact

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




    Thursday, August 15, 2024

    Western Cooperative Credit Union's impact is primarily focused on maximizing the financial benefits for its members through cost-effective financial services, education aligned with cooperative principles, and prudent management. By maintaining a strong presence in its communities, Western Cooperative Credit Union plays a vital role in supporting the financial well-being of individuals and businesses within its field of membership, spanning various cities in North Dakota. Through its commitment to member benefits and community engagement, Western Cooperative Credit Union contributes to the economic stability and growth of the regions 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: $3,459,015
  • Program Service Revenue: $12,630,429
  • Gross Receipts: $16,661,044

    • Assets and Liabilities:
  • Total Assets: $446,507,146
  • Total Liabilities: $415,698,354
  • Net Assets: $30,808,792
  • Programs

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

    LOANS TO MEMBERS

    Revenue

    $8,689,010

    MISCELLANEOUS OPERATING INCOME

    Revenue

    $3,040,056

    FEES AND CHARGES

    Revenue

    $901,363

    Organization Details

    Founding Year

    1937

    Principal Officer

    Melanie Stillwell

    Main Address

    1300 BISON DRIVE PO BOX 2237, WILLISTON, ND, 588022237

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Western Cooperative 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.