Blue Eagle Credit Union

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

EIN: 540585044 ✦ Roanoke, VA ✦ Designated as a 501(c)(14)

Overview

What is Blue Eagle Credit Union?

Blue Eagle Credit Union is a financial institution based in Roanoke, Virginia, with a commitment to serving its members since 1948. The credit union offers essential financial services, including savings accounts and loans. With a passionate approach, Blue Eagle Credit Union strives to match its members with financially sound solutions, fostering long-term financial security. The organization has a dedicated team of 81 employees, all working toward delivering effective financial services to its members and their families.


Official website here: www.blueeaglecreditunion.com

Is Blue Eagle Credit Union legitimate?

Blue Eagle Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Blue Eagle 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: $659,797
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,148,209

For more financial information, click here


Official website here: www.blueeaglecreditunion.com

What is the mission statement of Blue Eagle Credit Union?

Blue Eagle Credit Union has been dedicated to helping its members and their families achieve financial stability since 1948. The credit union is passionate about connecting members with the right financial solutions that offer opportunities for long-term security. Blue Eagle Credit Union's mission is to deliver financial services tailored to its members' needs, enabling them to secure a better financial future. The institution prides itself on offering various financial products, including savings accounts and loans, to cater to the diverse needs of its members. By providing these services, Blue Eagle Credit Union aims to empower its members to make informed financial decisions and build a strong financial foundation for the future.


Official website here: www.blueeaglecreditunion.com

Who is the CEO of Blue Eagle Credit Union?

Jeffrey Thompson is the Secretary of Blue Eagle Credit Union. The CEO's salary of Blue Eagle Credit Union is $341,544 and their total compensation is $365,030.


Official website here: www.blueeaglecreditunion.com

What is the revenue of Blue Eagle Credit Union?

Blue Eagle Credit Union's revenue in 2022 was $14,015,517.


Official website here: www.blueeaglecreditunion.com

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

The average compensation at Blue Eagle Credit Union during 2022 was $59,358. There are 81 employees and 9 volunteers at Blue Eagle Credit Union.

Here are 12 key members and their salaries (Blue Eagle Credit Union's CEO's salary is $341,544 and their total compensation is $365,030):

    Jeffrey Thompson (Ceo)
  • Compensation: $341,544
  • Related: $0
  • Other: $23,486

    • Kevin Alfred (Clo)
  • Compensation: $199,181
  • Related: $0
  • Other: $14,110

    • William A Reynolds (Cgo)
  • Compensation: $119,072
  • Related: $0
  • Other: $14,908

    • Catherine Caudill (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Bonnie Giles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janice Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Hartsel (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Richard Smoot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlene Yeagley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.blueeaglecreditunion.com

    Where can I find the form 990 for Blue Eagle Credit Union?

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


    Official website here: www.blueeaglecreditunion.com

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

    Mission Statement of Blue Eagle Credit Union

    Blue Eagle Credit Union, founded in 1948, has dedicated itself to helping its members and their families achieve financial stability and security. With a commitment to delivering the right solutions, this credit union passionately matches its members with financial opportunities for the long term. Blue Eagle Credit Union offers a range of financial services designed to cater to the diverse needs of its members, including savings accounts and loans. By partnering with its members, Blue Eagle Credit Union empowers them to make informed financial decisions that contribute to their long-term financial wellbeing. The credit union's team of dedicated professionals works closely with each member, providing personalized guidance and customized solutions. Blue Eagle Credit Union's mission extends beyond just providing financial services. By focusing on the unique requirements of its members, it aims to build strong, long-lasting relationships that foster financial growth and prosperity.

    Impact

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




    Thursday, August 15, 2024

    Blue Eagle Credit Union has a significant impact on the financial well-being of its members and their families in Roanoke, VA, and beyond. Since 1948, Blue Eagle Credit Union has been dedicated to providing a range of financial services, including savings accounts and loans, to help its members achieve long-term financial security. Through their commitment to delivering tailored solutions that address the unique needs of each member, Blue Eagle Credit Union plays a vital role in empowering individuals to improve their financial stability and create opportunities for a brighter future.





    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: $516,421
  • Program Service Revenue: $13,317,389
  • Gross Receipts: $14,015,517

    • Assets and Liabilities:
  • Total Assets: $210,817,855
  • Total Liabilities: $189,292,647
  • Net Assets: $21,525,208
  • Programs

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

    LOAN INTEREST INCOME

    Revenue

    $8,752,277

    FEE INCOME

    Revenue

    $3,490,487

    INSURANCE PRODUCT INCOME

    Revenue

    $1,074,625

    Organization Details

    Founding Year

    1948

    Principal Officer

    Jeffrey Thompson

    Main Address

    2121 ELECTRIC ROAD, ROANOKE, VA, 24018

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Blue Eagle 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.