Columbia Community Credit Union

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

EIN: 910617775 ✦ Vancouver, WA ✦ Designated as a 501(c)(14)

Overview

What is Columbia Community Credit Union?

Columbia Community Credit Union is a Washington state-chartered financial cooperative based in Vancouver, WA, with membership open to residents in both Washington and Oregon. Regulated by the Washington State Department of Financial Institutions and the Oregon Department of Consumer & Business Services, it offers deposit insurance through the National Credit Union Share Insurance Fund. The credit union's primary objective is to foster thrift among its members and provide them with access to credit at reasonable rates. The organization goes beyond financial services, acting as a strong member-focused cooperative by offering quality services, caring for members, and enhancing the communities it serves through volunteerism and leadership. With a workforce of 399 employees, Columbia Community Credit Union brings people together to improve their lives and their communities.


Official website here: www.columbiacu.org

Is Columbia Community Credit Union legitimate?

Columbia Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Columbia 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: $4,912,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,488,613

For more financial information, click here


Official website here: www.columbiacu.org

What is the mission statement of Columbia Community Credit Union?

Columbia Community Credit Union operates as a cooperative to improve the lives of its members and their communities. Its mission is to bring people together, offering quality services and products that meet their needs, while showing care at every interaction. The credit union's primary goal is promoting thrift and creating a reliable source of credit for its members at fair interest rates. By volunteering and taking leadership roles, the credit union enhances the communities it serves.


Official website here: www.columbiacu.org

Who is the CEO of Columbia Community Credit Union?

Lindsey Salvestrin is the President Ceo of Columbia Community Credit Union. The CEO's salary of Columbia Community Credit Union is $786,137 and their total compensation is $1,172,657.


Official website here: www.columbiacu.org

What is the revenue of Columbia Community Credit Union?

Columbia Community Credit Union's revenue in 2022 was $91,416,897.


Official website here: www.columbiacu.org

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

The average compensation at Columbia Community Credit Union during 2022 was $63,661. There are 399 employees at Columbia Community Credit Union.

Here are 24 key members and their salaries (Columbia Community Credit Union's CEO's salary is $786,137 and their total compensation is $1,172,657):

    Stephon D Kenny (President Ceo)
  • Compensation: $786,137
  • Related: $0
  • Other: $386,520

    • Lindsey R Salvestrin (Svp Chief Operations Officer)
  • Compensation: $387,134
  • Related: $0
  • Other: $161,558

    • Marc T Timm (Svp Chief Credit And Lending Officer)
  • Compensation: $392,388
  • Related: $0
  • Other: $106,140

    • Mark C Michaels (Svp Chief Information Officer)
  • Compensation: $434,228
  • Related: $0
  • Other: $58,046

    • James B Wood Iii (Svp Chief Hr Officer)
  • Compensation: $320,011
  • Related: $0
  • Other: $105,874

    • Michael D Florea (Svp Chief Data Officer)
  • Compensation: $271,105
  • Related: $0
  • Other: $124,235

    • Wendy Smith (Svp Chief Risk Officer)
  • Compensation: $287,725
  • Related: $0
  • Other: $103,248

    • Penny R Harris (Svp Chief Financial Officer)
  • Compensation: $285,775
  • Related: $0
  • Other: $100,701

    • Colleen Boccia (Svp Chief Marketing Officer)
  • Compensation: $269,270
  • Related: $0
  • Other: $116,710

    • Holly Mecalis (Indirect Loan Sales Representative)
  • Compensation: $313,169
  • Related: $0
  • Other: $32,629

    • Joseph I Storm (Vp Director Comrcl & Bus)
  • Compensation: $328,265
  • Related: $0
  • Other: $17,434

    • Carlene Hoff (Indirect Loan Sales Representative)
  • Compensation: $228,221
  • Related: $0
  • Other: $28,971

    • Jeffrey W Day (Home Loan Officer)
  • Compensation: $230,816
  • Related: $0
  • Other: $19,960

    • Jeffrey Mclauchlin (Vp Development Security Operations)
  • Compensation: $217,375
  • Related: $0
  • Other: $31,465

    • Kelly Love (Director (Thru 7/22))
  • Compensation: $27,803
  • Related: $0
  • Other: $0

    • Joseph Vance (Board Director Chair)
  • Compensation: $26,714
  • Related: $0
  • Other: $0

    • Max Ault (Secretary) [Trustee/Director]
  • Compensation: $24,618
  • Related: $0
  • Other: $0

    • Carol Van Natta (Director Vice Chair)
  • Compensation: $23,159
  • Related: $0
  • Other: $0

    • Eric Sawyer (Director)
  • Compensation: $21,891
  • Related: $0
  • Other: $0

    • Marci White-Stumpf (Director)
  • Compensation: $20,945
  • Related: $0
  • Other: $0

    • Julianna Marler (Director)
  • Compensation: $20,593
  • Related: $0
  • Other: $0

    • Tracey Malone (Director)
  • Compensation: $20,405
  • Related: $0
  • Other: $0

    • Dena Strong (Treasurer) [Trustee/Director]
  • Compensation: $18,696
  • Related: $0
  • Other: $0

    • Tim Schauer (Director)
  • Compensation: $10,538
  • Related: $0
  • Other: $0


  • Official website here: www.columbiacu.org

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

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


    Official website here: www.columbiacu.org

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

    Mission Statement of Columbia Community Credit Union

    Columbia Community Credit Union, a Washington and Oregon-based financial cooperative, is dedicated to bringing people together to enhance their lives and their communities. With a strong commitment to member needs, the credit union provides quality services and products, caring for members at every interaction. In the spirit of community empowerment, Columbia Community Credit Union goes beyond financial services, engaging in volunteerism and leadership to make a positive impact.

    The mission of Columbia Community Credit Union is multifaceted. Its primary purpose is to promote thrift among its members by encouraging savings and providing affordable credit at fair rates. However, the credit union's scope extends far beyond financial transactions. By fostering a sense of unity and cooperation among its members, it creates a supportive network that allows individuals to improve their financial situations and better themselves.

    Columbia Community Credit Union is more than just a financial institution; it is a hub for community engagement and growth. With a focus on enhancing lives, the credit union is regulated by both the Washington State Department of Financial Institutions and the Oregon Department of Consumer & Business Services, ensuring members' deposits are insured by the National Credit Union Share Insurance Fund. Through its volunteer and leadership efforts, Columbia Community Credit Union plays a pivotal role in enriching the lives of its members and contributing to the overall wellbeing of the communities it serves.

    Impact

    This information is meant to be a general summary of Columbia 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

    Columbia Community Credit Union's impact lies in its commitment to providing value to its members through quality services and products, caring for members in every interaction, and enhancing the communities it serves through volunteerism and leadership. By promoting thrift among its members and providing fair and reasonable rates of interest, the credit union helps individuals achieve financial stability. Additionally, through its mission of bringing people together to improve their lives and communities, Columbia Community Credit Union plays a vital role in supporting local economic growth and development.





    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: $10,255,569
  • Program Service Revenue: $81,161,328
  • Gross Receipts: $91,437,629

    • Assets and Liabilities:
  • Total Assets: $2,296,501,925
  • Total Liabilities: $2,082,097,000
  • Net Assets: $214,404,925
  • Programs

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

    INT & FEES ON LOANS

    Revenue

    $60,363,076

    ATM INCOME

    Revenue

    $9,159,806

    FEES & SERVICE CHARGES

    Revenue

    $7,403,091

    MISC OPERATING INCOME

    Revenue

    $2,511,577

    GAIN ON SALE OF LOANS

    Revenue

    $1,723,778

    Organization Details

    Founding Year

    1952

    Principal Officer

    Lindsey Salvestrin

    Main Address

    PO BOX 324, VANCOUVER, WA, 98666

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Columbia 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.