Overview
What is Harborstone Credit Union?
Harborstone Credit Union is a member-owned, not-for-profit financial cooperative based in Tacoma, Washington. With a membership of 39,446 and assets totaling over $1 billion, Harborstone offers a range of consumer and mortgage loans to its members. Their mission is to serve as a trusted anchor for their community by creating a platform for members to provide each other with necessary financial services. Harborstone Credit Union's operations are focused on meeting the financial needs of its members and contributing to the stability of the local economy.
Official website here: www.harborstone.com
Is Harborstone Credit Union legitimate?
Harborstone Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Harborstone 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: $3,968,679
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,336,026
For more financial information, click here
Official website here: www.harborstone.com
What is the mission statement of Harborstone Credit Union?
Harborstone Credit Union functions as a cooperative, owned by its members, with a mission to offer essential financial services to its member base. Operating on a not-for-profit basis, the credit union's purpose is to serve its members and provide them with necessary financial solutions. With a membership of over 39,000 and total assets amounting to $1.1 billion, Harborstone Credit Union is committed to acting as a trusted financial anchor for its community.
Official website here: www.harborstone.com
Who is the CEO of Harborstone Credit Union?
Geoff Bullock is the President & Ceo (Began 10/2022) of Harborstone Credit Union. The CEO's salary of Harborstone Credit Union is $263,388 and their total compensation is $263,388.
Official website here: www.harborstone.com
What is the revenue of Harborstone Credit Union?
Harborstone Credit Union's revenue in 2022 was $76,742,957.
Official website here: www.harborstone.com
Who are the executives of Harborstone Credit Union and what are their salaries?
The average compensation at Harborstone Credit Union during 2022 was $59,345. There are 359 employees and 14 volunteers at Harborstone Credit Union.
Here are 21 key members and their salaries (Harborstone Credit Union's CEO's salary is $263,388 and their total compensation is $263,388):
- Phil Jones (President & Ceo (Thru 10/2022))
- Michael Decius (Svp Chief Information Officer)
- Forest Hayes (Svp Chief Financial Officer)
- Steve Crosby (Svp Chief Operations Officer)
- Robert Luettjohann (Svp Chief Lending Officer)
- Lisa Stirgus (Svp Chief Experience Officer)
- Geoff Bullock (President & Ceo (Began 10/2022))
- Scott Beckwith (Vp Credit Collections)
- Eric Zittel (Vp Training Development)
- Jay Olson (Vp Business Banking)
- James Greco (Vp Consumer Lending)
- Theresa Walyor (Vp It Systems)
- Ann Anderson (Chair) [Trustee/Director]
- Ivan Barron (Director)
- Linda Crane Nelson (Secretary) [Trustee/Director]
- Franklin Donahoe (Director)
- Bonnie Kern (Director)
- Rick Stevens (Director)
- James Buck (Vice Chair) [Trustee/Director]
- Shellie Willis (Director)
- Michael Gedeon (Director)
Official website here: www.harborstone.com
Where can I find the form 990 for Harborstone Credit Union?
The Harborstone Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.harborstone.com
Learn more at the official website: www.harborstone.com
Mission Statement of Harborstone Credit Union
Harborstone Credit Union, a member-owned cooperative, is dedicated to serving its members by providing essential financial services. Established for the purpose of mutual assistance, this not-for-profit organization aims to create a platform where its members can support one another. Harborstone Credit Union's mission is driven by a deep commitment to building trust and stability within its community.
The credit union offers a range of consumer and mortgage loans to its 39,446 members, collectively totalling over $1 billion in assets. By providing these financial services, Harborstone Credit Union plays a crucial role in helping its members meet their financial needs. The organization's member-centric approach to banking ensures that it remains an anchor of trust for its community. With a strong sense of cooperation and a shared goal of financial wellbeing, Harborstone Credit Union continues to thrive and make a positive impact on the lives of its members.
Impact
This information is meant to be a general summary of Harborstone Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Harborstone Credit Union plays a vital role in the financial well-being of its members by providing consumer and mortgage loans totaling over $1 billion to over 39,000 individuals. By operating as a member-owned cooperative, Harborstone fosters a sense of trust and community among its members, allowing them to support each other in meeting their financial needs. Its presence in Tacoma, WA, serves as a cornerstone of financial stability and empowerment for individuals seeking reliable and personalized financial services.
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.
INTEREST FROM LOANS
Revenue
$56,969,001
INTERCHANGE INCOME
Revenue
$6,843,983
FEE INCOME
Revenue
$2,164,276
NONSUFFICIENT FUNDS AND OVERDRAFT
Revenue
$1,128,146
REVENUE-SHARING INCOME
Revenue
$701,794
Organization Details
Founding Year
1955
Phone
(253) 589-8009
Principal Officer
Geoff Bullock
Main Address
PO BOX 4207, TACOMA, WA, 98438
Website
www.harborstone.com
NTEE Category
Code: W60 - Public benefit
If you are a representative of Harborstone 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.