Our Community Credit Union

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

EIN: 910567189 ✦ Shelton, WA ✦ Designated as a 501(c)(14)

Overview

What is Our Community Credit Union?

Our Community Credit Union is a member-owned financial cooperative based in Washington State, specifically in the South Sound area. With a mission to sustain consistent growth and a strong financial position, they offer financial services such as deposits and consumer lending to residents of the region. As a credit union, they prioritize treating all members with dignity and care, managing their business confidentially, providing various service choices, and building lasting relationships through consultation to cater to their members' needs. The organization employs 121 individuals.


Official website here: www.ourcu.com

Is Our Community Credit Union legitimate?

Our Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Our Community 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: $1,182,738
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,828,772

For more financial information, click here


Official website here: www.ourcu.com

What is the mission statement of Our Community Credit Union?

Our Community Credit Union functions as a member-owned financial cooperative, dedicated to achieving consistent growth and maintaining a robust financial standing. The organization places great importance on treating all members with dignity and care, while managing their financial information confidentially. They offer diverse choices in services to cater to their members' varying needs. Building lasting relationships is a priority, and they strive to do so by providing consultation to aid in meeting their members' requirements.


Official website here: www.ourcu.com

Who is the CEO of Our Community Credit Union?

Ryan Drake is the Board Member of Our Community Credit Union. The CEO's salary of Our Community Credit Union is $1,038,924 and their total compensation is $1,831,461.


Official website here: www.ourcu.com

What is the revenue of Our Community Credit Union?

Our Community Credit Union's revenue in 2022 was $25,930,481.


Official website here: www.ourcu.com

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

The average compensation at Our Community Credit Union during 2022 was $41,417. There are 121 employees at Our Community Credit Union.

Here are 10 key members and their salaries (Our Community Credit Union's CEO's salary is $1,038,924 and their total compensation is $1,831,461):

    Bert Fisher (President/Ceo)
  • Compensation: $1,038,924
  • Related: $0
  • Other: $792,537

    • Ryan Drake (Cfo)
  • Compensation: $143,814
  • Related: $0
  • Other: $129,546

    • Sadie Hawkins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Curtis Stracke (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Wing (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Thomason (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • A Roy Dunn Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clay Gleb (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Mager (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Tuson (Associate Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ourcu.com

    Where can I find the form 990 for Our Community Credit Union?

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


    Official website here: www.ourcu.com

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

    Mission Statement of Our Community Credit Union

    Our Community Credit Union, a member-owned financial cooperative, is dedicated to achieving consistent growth and maintaining a financially robust position. The credit union prioritizes treating all its members with dignity and care, managing their business affairs confidentially, and providing them with a range of service choices. By fostering lasting relationships, Our Community Credit Union strives to help its members meet their various financial needs through consultation and tailored solutions.

    Impact

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




    Thursday, August 15, 2024

    Our Community Credit Union has a significant impact on the residents of Washington State, particularly those in the South Sound area. By providing essential financial services such as deposits and consumer lending, the credit union plays a vital role in supporting the financial well-being of its members. Through its member-owned financial cooperative model, Our Community Credit Union fosters a sense of community and collaboration, empowering individuals to achieve their financial goals. The credit union's commitment to sustaining growth and maintaining a strong financial position underscores its dedication to serving the needs of its members effectively.





    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: $6,604,328
  • Program Service Revenue: $16,360,502
  • Gross Receipts: $25,930,481

    • Assets and Liabilities:
  • Total Assets: $590,462,520
  • Total Liabilities: $539,908,400
  • Net Assets: $50,554,120
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $10,142,809

    FEE INCOME

    Revenue

    $5,132,580

    OTHER NON-INTEREST INCOME

    Revenue

    $943,706

    UNRELATED FEE INCOME

    Revenue

    $141,407

    Organization Details

    Founding Year

    1941

    Principal Officer

    Ryan Drake

    Main Address

    PO BOX 1670, SHELTON, WA, 98584

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Our Community 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.