United Heritage Credit Union

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

EIN: 741288659 ✦ Austin, TX ✦ Designated as a 501(c)(14)

Overview

What is United Heritage Credit Union?

United Heritage Credit Union is a not-for-profit cooperative based in Austin, Texas, with a PO Box address at 202020. They provide financial services to their members, offering various types of loans such as vehicle, unsecured, and credit cards, as well as residential mortgages and small business loans. UHCU also extends related services, including credit, life, and disability insurance, through third-party partnerships. Their mission is to offer a range of financial solutions to their members. The credit union currently employs 322 people.


Official website here: www.uhcu.org

Is United Heritage Credit Union legitimate?

United Heritage Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. United Heritage 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: $3,893,463
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,870,809

For more financial information, click here


Official website here: www.uhcu.org

What is the mission statement of United Heritage Credit Union?

United Heritage Credit Union (UHCU) operates as a not-for-profit cooperative, offering financial services to its members. UHCU's mission encompasses providing a diverse range of financial products and services. In addition to conventional credit union offerings like consumer loans and credit cards, UHCU extends insurance and investment brokerage services to its members through third-party partnerships. The credit union caters to various financial needs by offering vehicle loans, unsecured loans, and residential mortgages, along with small business loans. UHCU goes beyond traditional banking services by providing related offerings such as credit, life, and disability insurance.


Official website here: www.uhcu.org

Who is the CEO of United Heritage Credit Union?

Michael Ver Schuur is the Chairperson of United Heritage Credit Union. The CEO's salary of United Heritage Credit Union is $804,434 and their total compensation is $854,914.


Official website here: www.uhcu.org

What is the revenue of United Heritage Credit Union?

United Heritage Credit Union's revenue in 2022 was $66,954,834.


Official website here: www.uhcu.org

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

The average compensation at United Heritage Credit Union during 2022 was $55,169. There are 322 employees at United Heritage Credit Union.

Here are 25 key members and their salaries (United Heritage Credit Union's CEO's salary is $804,434 and their total compensation is $854,914):

    Wilford Schroeder (President/Ceo)
  • Compensation: $804,434
  • Related: $0
  • Other: $50,480

    • Michael Ver Schuur (Executive Vp/Cso)
  • Compensation: $664,163
  • Related: $0
  • Other: $61,461

    • Sebrina Crawford (Vp Operations)
  • Compensation: $282,695
  • Related: $0
  • Other: $26,353

    • Sara Vara (Vp Hr/Chro)
  • Compensation: $255,907
  • Related: $0
  • Other: $42,569

    • Jacob Bernhard (Vp Re Lending/Crelo)
  • Compensation: $248,300
  • Related: $0
  • Other: $46,224

    • Karen Wilkerson (Vp Risk Mgt/Iso)
  • Compensation: $231,288
  • Related: $0
  • Other: $45,046

    • Samantha Hess (Coo)
  • Compensation: $238,102
  • Related: $0
  • Other: $38,127

    • Joshua Robles (Vp Commercial Lending/Cclo)
  • Compensation: $229,562
  • Related: $0
  • Other: $32,392

    • Kristie Simo (Vp Consumer Lending/Cclo)
  • Compensation: $231,247
  • Related: $0
  • Other: $24,431

    • Diane Brown (Avp Info Svcs/Core Svcs)
  • Compensation: $216,528
  • Related: $0
  • Other: $30,737

    • Rebecca Elliott (Vp Accounting/Cfo)
  • Compensation: $189,687
  • Related: $0
  • Other: $40,995

    • Robert Hwang (Avp Alm & Capital Markets)
  • Compensation: $178,604
  • Related: $0
  • Other: $46,884

    • Deena Massa (Vp Branch Ops)
  • Compensation: $183,360
  • Related: $0
  • Other: $39,162

    • Dale Tripp (Vp Of Compliance)
  • Compensation: $171,429
  • Related: $0
  • Other: $38,268

    • Kevin Farley (Vp Experience & Engagement)
  • Compensation: $181,245
  • Related: $0
  • Other: $17,672

    • Harold Keyes (Chairperson) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Robert Hootkins (Board Member) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Tommy Lueders (Board Member) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Robert Spurck (Board Member) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Michael Trevino (Board Member) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Valentin Velasquez (Board Member) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Amber Shammas (Board Member) [Trustee/Director]
  • Compensation: $12,000
  • Related: $0
  • Other: $0

    • Edward Clements (Assoc. Board Member) [Trustee/Director]
  • Compensation: $11,000
  • Related: $0
  • Other: $0

    • Brenda Henry (Assoc. Board Member) [Trustee/Director]
  • Compensation: $11,000
  • Related: $0
  • Other: $0

    • James North (Board Member) [Trustee/Director]
  • Compensation: $4,000
  • Related: $0
  • Other: $0


  • Official website here: www.uhcu.org

    Where can I find the form 990 for United Heritage Credit Union?

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


    Official website here: www.uhcu.org

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

    Mission Statement of United Heritage Credit Union

    United Heritage Credit Union (UHCU) is a not-for-profit cooperative dedicated to delivering financial services to its member base. In simple terms, UHCU operates as a financial institution that caters to the diverse financial needs of its members. Beyond offering conventional credit union services, such as consumer loans of various types, vehicle loans, unsecured loans, and credit cards, UHCU extends its offerings by providing insurance and investment brokerage services to its members through strategic partnerships with third parties.

    The mission of United Heritage Credit Union is twofold: it aims to offer a wide array of financial services to its members, and it strives to ensure that these services cater to the unique financial requirements of each member. The cooperative's commitment to its members is evident in its range of loan offerings. UHCU provides access to loans for consumer purposes, such as purchasing vehicles or making home improvements, as well as unsecured loans for those seeking funds for personal reasons. Additionally, UHCU offers credit, life, and disability insurance to further protect its members' financial well-being.

    By forming alliances with reputable insurance and investment firms, UHCU extends its service offerings to include insurance and investment brokerage services. This strategic approach enables the credit union to provide a more comprehensive financial solution for its members, addressing their financial needs in a holistic and effective manner. The result is a financial partnership that empowers its members to manage their finances with confidence.

    Impact

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




    Thursday, August 15, 2024

    United Heritage Credit Union's impact lies in its provision of essential financial services to its members in Austin, TX. Through its not-for-profit cooperative model, UHCU offers a wide range of consumer loans, including vehicle loans, unsecured loans, and credit cards. In addition, some members can benefit from residential mortgages and small business loans. The credit union also provides related services such as credit, life, or disability insurance to further support its members' financial well-being. By delivering these services and fostering a sense of community, United Heritage Credit Union contributes positively to the public benefit.





    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: $2,098,516
  • Program Service Revenue: $64,856,318
  • Gross Receipts: $66,954,834

    • Assets and Liabilities:
  • Total Assets: $1,520,494,758
  • Total Liabilities: $1,397,052,594
  • Net Assets: $123,442,164
  • Programs

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

    LOAN INTEREST

    Revenue

    $46,583,169

    FEE INCOME

    Revenue

    $12,148,052

    OTHER OPERATING INCOME

    Revenue

    $6,125,097

    Organization Details

    Founding Year

    1957

    Principal Officer

    Michael Ver Schuur

    Main Address

    PO BOX 202020, AUSTIN, TX, 78720

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of United Heritage 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.