Overview
What is O Bee Credit Union?
O Bee Credit Union is a not-for-profit financial institution based in Lacey, Washington, identified by the address 649 WOODLAND SQUARE LOOP SE 100, ZIP code 98503. The cooperative organization, with a team of 164 employees, offers various financial products and services to its members. These offerings include draft and share accounts, share certificates, consumer and commercial loans, and other activities under the Exempt Function. The mission of O Bee Credit Union is to encourage savings among its members, provide affordable credit, and offer members the opportunity to manage their money effectively, ultimately improving their economic and social conditions.
Official website here: www.obee.com
Is O Bee Credit Union legitimate?
O Bee Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. O Bee 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: $927,817
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,580,081
For more financial information, click here
Official website here: www.obee.com
What is the mission statement of O Bee Credit Union?
The O Bee Credit Union functions as a not-for-profit cooperative financial institution. Its primary objective is to promote thrift among its members and provide them with affordable credit. By doing so, the credit union offers its members the opportunity to manage and control their own finances, ultimately improving their economic and social conditions. As a cooperative, the credit union operates with the goal of fostering financial well-being for its members.
Official website here: www.obee.com
Who is the CEO of O Bee Credit Union?
Bruce Cramer is the Ceo/Treasurer of O Bee Credit Union. The CEO's salary of O Bee Credit Union is $318,665 and their total compensation is $345,554.
Official website here: www.obee.com
What is the revenue of O Bee Credit Union?
Who are the executives of O Bee Credit Union and what are their salaries?
The average compensation at O Bee Credit Union during 2022 was $45,780. There are 164 employees and 17 volunteers at O Bee Credit Union.
Here are 20 key members and their salaries (O Bee Credit Union's CEO's salary is $318,665 and their total compensation is $345,554):
- James Collins (Ceo/Treasurer)
- Jeremy Franklin (Vp Of Mortgage Lending)
- David Echtle (Chief Lending Officer)
- Timothy Timmer (Commercial Loan Officer)
- Michael Lindsey (Mortgage Loan Officer (Thru 10/22))
- Jennifer Roberts-Echtle (Chief Operations Officer)
- Wendy Avila (Small Business Loan Officer)
- Daniel Hildreth (Svp Of Finance)
- Edwin Magana (Vp Of Information Technology)
- Jason Gordon (Chair) [Trustee/Director]
- Prabakaran Manoharan (Vice Chair) [Trustee/Director]
- Joy Johnston (2Nd Vice Chair) [Trustee/Director]
- Wilford Saunders (Director)
- Steve Blankenship (Director)
- Diane Branson-Unwin (Director)
- Judith Weeks (Director)
- Christy Krigsman (Director)
- Michele Fisher (Director)
- Myriam Bausch (Director (Thru 01/22))
- Jerry Murphy (Director (Thru 09/22))
Official website here: www.obee.com
Where can I find the form 990 for O Bee Credit Union?
The O Bee Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.obee.com
Learn more at the official website: www.obee.com
Mission Statement of O Bee Credit Union
O Bee Credit Union, a not-for-profit financial institution, operates as a cooperative with a mission to encourage thrift among its members. Based in Washington state, this credit union provides financial products and services to its members with a focus on affordability and fairness. Its primary objective is to create a reliable source of credit and offer members the opportunity to manage their own money, aiming to improve their economic and social conditions. As a cooperative, O Bee Credit Union is dedicated to putting the needs of its members first and operating in a manner that reflects their collective interests.
Impact
This information is meant to be a general summary of O Bee Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
O Bee Credit Union's impact in the state of Washington is significant, as it provides vital financial products and services to its members. By offering draft and share accounts, share certificates, consumer and commercial loans, and engaging in other exempt function activities, O Bee Credit Union plays a crucial role in promoting financial stability and empowerment within its community. As a cooperative, not-for-profit financial institution, O Bee Credit Union aims to encourage thrift among its members, provide access to credit at fair rates, and empower individuals to improve their economic and social well-being by taking control of their finances. This mission aligns with the credit union's tag of "Public benefit" and underscores its commitment to serving the needs of its members and the community at large.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$18,679,154
INTERCHANGE INCOME
Revenue
$3,557,905
FEES AND CHARGES
Revenue
$3,053,864
OTHER NON-INTEREST INCOME
Revenue
$2,495,292
Organization Details
Founding Year
1955
Phone
(360) 943-0740
Principal Officer
Bruce Cramer
Main Address
649 WOODLAND SQUARE LOOP SE 100, LACEY, WA, 98503
Website
www.obee.com
NTEE Category
Code: W60 - Public benefit
If you are a representative of O Bee 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.