Credit Unions In The State Of New Mexico

State Employees Credit Union Of New Mexico

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

EIN: 856010733 ✦ Santa fe, NM ✦ Designated as a 501(c)(14)

Overview

What is Credit Unions In The State Of New Mexico?

Credit Unions in the State of New Mexico is a New Mexico state-chartered credit union, headquartered at 813 St. Michaels Drive, Santa Fe, NM 87505. The organization provides financial services to over 53,000 members as outlined in the New Mexico Credit Union Act. With a team of 237 employees, the credit union is dedicated to delivering financial services to its members in accordance with New Mexico state regulations.


Official website here: www.secunm.org

Is Credit Unions In The State Of New Mexico legitimate?

Credit Unions In The State Of New Mexico is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions In The State Of New Mexico 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: $2,455,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,901,962

For more financial information, click here


Official website here: www.secunm.org

What is the mission statement of Credit Unions In The State Of New Mexico?

The New Mexico state-chartered credit union serves its 53,073 members by offering financial services as outlined in the New Mexico Credit Union Act. The organization's primary mission is to provide financial assistance to its members, adhering to the guidelines set forth in the act. By doing so, the credit union aims to contribute to the financial well-being of the individuals it serves. Through this commitment, the credit union fosters financial stability and empowers its members to manage their finances effectively. The credit union's activities are geared towards delivering a range of financial services that cater to the needs of its members.


Official website here: www.secunm.org

Who is the CEO of Credit Unions In The State Of New Mexico?

Andy Ramos is the President/Ceo of Credit Unions In The State Of New Mexico. The CEO's salary of Credit Unions In The State Of New Mexico is $544,438 and their total compensation is $561,812.


Official website here: www.secunm.org

What is the revenue of Credit Unions In The State Of New Mexico?

Credit Unions In The State Of New Mexico's revenue in 2022 was $48,283,901.


Official website here: www.secunm.org

Who are the executives of Credit Unions In The State Of New Mexico and what are their salaries?

The average compensation at Credit Unions In The State Of New Mexico during 2022 was $47,923. There are 237 employees and 11 volunteers at Credit Unions In The State Of New Mexico.

Here are 25 key members and their salaries (Credit Unions In The State Of New Mexico's CEO's salary is $544,438 and their total compensation is $561,812):

    Andy Ramos (President/Ceo)
  • Compensation: $544,438
  • Related: $0
  • Other: $17,374

    • Harold Dixon (Director Of Project Management)
  • Compensation: $446,268
  • Related: $0
  • Other: $28,571

    • Edward Christians (Evp Chief Information Officer)
  • Compensation: $253,776
  • Related: $0
  • Other: $24,241

    • Deborah Sparks (Chief H.R. Officer (Thru 04/22))
  • Compensation: $262,173
  • Related: $0
  • Other: $10,676

    • Lindsay Jones (Evp Chief Operations Officer)
  • Compensation: $241,826
  • Related: $0
  • Other: $30,479

    • Emilio Atencio (Chief Lending Officer)
  • Compensation: $187,558
  • Related: $0
  • Other: $33,562

    • William Thorn (Chief People Officer)
  • Compensation: $191,936
  • Related: $0
  • Other: $26,252

    • Ryan Klinkrodt (Vp Of Commericallending)
  • Compensation: $143,545
  • Related: $0
  • Other: $36,043

    • Kyle Moore (Svp Marketing & Community)
  • Compensation: $132,904
  • Related: $0
  • Other: $38,655

    • Maria Suazo (Svp Retail Engagement)
  • Compensation: $128,386
  • Related: $0
  • Other: $39,446

    • Darlene Vigil (Asst. Vp/Re Loan Manager)
  • Compensation: $123,146
  • Related: $0
  • Other: $27,124

    • Mark Salazar (Avp/Indirect Loan Manager)
  • Compensation: $121,848
  • Related: $0
  • Other: $26,203

    • Quentin Smith (Vp Finance And Accounting)
  • Compensation: $112,613
  • Related: $0
  • Other: $23,819

    • Sandra Lopez (Svp Board Engagement)
  • Compensation: $125,175
  • Related: $0
  • Other: $2,831

    • Mairghread Cadiz (Svp Community And Business Dev)
  • Compensation: $77,364
  • Related: $0
  • Other: $9,576

    • Schwan Hardi (Chief Financial Officer)
  • Compensation: $45,979
  • Related: $0
  • Other: $0

    • Mark Sadowski (Chief Financial Officer (Thru 01/22))
  • Compensation: $37,573
  • Related: $0
  • Other: $1,353

    • Jerry Rael (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne Coppler-Vigil (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Kirk (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia Hendley (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorrie Lujan (Secretary (Thru 05/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rosemary Wickard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Duran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Gonzales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.secunm.org

    Where can I find the form 990 for Credit Unions In The State Of New Mexico?

    The Credit Unions In The State Of New Mexico’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.secunm.org

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

    Mission Statement of Credit Unions In The State Of New Mexico

    Credit Unions in the State of New Mexico, a state-chartered organization, is dedicated to providing financial services to its 53,073 members as outlined in the New Mexico Credit Union Act. In essence, this credit union functions as a cooperative financial institution, offering essential financial services to its community of members. By doing so, it adheres to the principles and guidelines set forth by the New Mexico Credit Union Act. This nonprofit institution serves as a crucial financial resource for its members, empowering them to manage their money and secure their financial future.

    Impact

    This information is meant to be a general summary of Credit Unions In The State Of New Mexico. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Credit Unions in the State of New Mexico play a significant role in providing financial services to their 53,073 members as outlined by the New Mexico Credit Union Act. By offering a range of financial products and services, these state-chartered credit unions contribute to the economic well-being of individuals and communities in New Mexico. Members benefit from access to affordable loans, savings options, and other financial tools that help them achieve their financial goals. Overall, Credit Unions in the State of New Mexico positively impact the local economy by promoting financial stability and empowerment among their 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: $3,471,761
  • Program Service Revenue: $42,926,283
  • Gross Receipts: $48,294,625

    • Assets and Liabilities:
  • Total Assets: $1,068,857,027
  • Total Liabilities: $981,525,122
  • Net Assets: $87,331,905
  • Programs

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

    INTEREST ON LOANS RECEIVABLE

    Revenue

    $30,316,301

    FEES AND SERVICE CHARGES

    Revenue

    $6,569,377

    NON INTEREST INCOME

    Revenue

    $6,040,605

    Organization Details

    Founding Year

    1958

    Principal Officer

    Andy Ramos

    Main Address

    813 ST MICHAELS DRIVE, SANTA FE, NM, 87505

    NTEE Category

    Code: W03 - Public benefit

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