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Zia Credit Union

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

EIN: 850121717 ✦ Los alamos, NM ✦ Designated as a 501(c)(14)

Overview

What is Zia Credit Union?

Zia Credit Union is a New Mexico state-chartered financial institution, headquartered in Los Alamos, NM (PO Box 490). With a dedicated workforce of 79 employees, this nonprofit organization provides a range of financial services to its members as mandated by the New Mexico Credit Union Act. The credit union's primary mission is to offer financial support and resources to its community, ensuring the well-being and financial stability of its members.


Official website here: www.ziacu.org

Is Zia Credit Union legitimate?

Zia Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Zia 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: $388,552
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,444,961

For more financial information, click here


Official website here: www.ziacu.org

What is the mission statement of Zia Credit Union?

Zia Credit Union is a New Mexico state-chartered financial institution dedicated to offering financial services to its members as stipulated by the New Mexico Credit Union Act. The credit union's primary mission revolves around providing financial assistance to its members, all in accordance with the legislative provisions set forth by the Act. By doing so, Zia Credit Union aims to contribute positively to the financial well-being of its members. The credit union's commitment to its mission is unwavering, ensuring access to essential financial services and fostering long-term financial stability for its community.


Official website here: www.ziacu.org

Who is the CEO of Zia Credit Union?

Dwayne Herrera is the Ceo of Zia Credit Union. The CEO's salary of Zia Credit Union is $239,550 and their total compensation is $239,550.


Official website here: www.ziacu.org

What is the revenue of Zia Credit Union?

Zia Credit Union's revenue in 2022 was $11,938,323.


Official website here: www.ziacu.org

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

The average compensation at Zia Credit Union during 2022 was $48,525. There are 79 employees and 20 volunteers at Zia Credit Union.

Here are 7 key members and their salaries (Zia Credit Union's CEO's salary is $239,550 and their total compensation is $239,550):

    Dwayne Herrera (Ceo)
  • Compensation: $239,550
  • Related: $0
  • Other: $0

    • Paul Johnson (Cfo)
  • Compensation: $149,002
  • Related: $0
  • Other: $0

    • J C Garcia (Chairman/President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Matty Perez (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Tierney (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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


  • Official website here: www.ziacu.org

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

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


    Official website here: www.ziacu.org

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

    Mission Statement of Zia Credit Union

    Zia Credit Union, a New Mexico state-chartered credit union, is dedicated to offering financial services to its members in accordance with the New Mexico Credit Union Act. This financial institution takes pride in its mission to provide essential financial services to its members as outlined in the state's credit union legislation. By doing so, Zia Credit Union empowers its community to access crucial financial resources and make informed decisions for their financial wellbeing.

    In essence, Zia Credit Union serves as a pillar of financial support for its members. Its primary goal is to adhere to the guidelines set forth in the New Mexico Credit Union Act while ensuring that its members have access to a range of financial services. By doing so, it fosters financial stability and growth within its community.

    Zia Credit Union's commitment to its members goes beyond just providing financial services. As a responsible and community-focused organization, it strives to create a positive impact on the lives of its members. By offering various financial tools, resources, and expertise, it helps individuals and families build a solid financial foundation and achieve their financial goals. In this way, Zia Credit Union plays a vital role in contributing to the overall financial health and wellbeing of its community.

    Impact

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




    Thursday, August 15, 2024

    Zia Credit Union's impact lies in its mission to provide financial services to its members in accordance with the New Mexico Credit Union Act. By operating as a New Mexico State Chartered Credit Union, Zia Credit Union plays a vital role in offering accessible and affordable financial solutions to individuals in Los Alamos and beyond. Through its commitment to public benefit, Zia Credit Union contributes to the economic well-being of its community by fostering financial inclusion and stability among its members.





    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: $617,626
  • Program Service Revenue: $9,289,025
  • Gross Receipts: $11,954,620

    • Assets and Liabilities:
  • Total Assets: $204,844,412
  • Total Liabilities: $191,844,229
  • Net Assets: $13,000,183
  • Programs

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

    INTEREST INCOME ON LOANS

    Revenue

    $7,056,709

    FEE INCOME

    Revenue

    $2,232,316

    Organization Details

    Founding Year

    1955

    Principal Officer

    Dwayne Herrera

    Main Address

    P O BOX 490, LOS ALAMOS, NM, 87544

    NTEE Category

    Code: W61 - Public benefit

    If you are a representative of Zia 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.