Numerica Credit Union

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

EIN: 910863377 ✦ Spokane valley, WA ✦ Designated as a 501(c)(14)

Overview

What is Numerica Credit Union?

Numerica Credit Union, located at 14610 E Sprague Avenue in Spokane Valley, Washington, is a prominent financial institution serving 171,803 members. Beyond offering traditional banking services such as real estate and consumer loans, they also cater to businesses. Their operations encompass checking and savings programs, as well as credit card services. The fundamental mission of this credit union is to operate without profit for the mutual benefit of its members. With a workforce of 885 employees, Numerica Credit Union strives to provide financial solutions tailored to its members' needs.


Official website here: www.numericacu.com

Is Numerica Credit Union legitimate?

Numerica Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Numerica 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: $9,332,977
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,358,712

For more financial information, click here


Official website here: www.numericacu.com

What is the mission statement of Numerica Credit Union?

Numerica Credit Union is a not-for-profit financial institution, dedicated to serving the needs of its 171,803 members. Its mission is to operate without generating profits, focusing instead on mutual benefits for its members. The credit union offers a range of financial services, encompassing real estate and secured/unsecured loans for consumers and businesses, checking and savings programs, and credit card services. The primary goal of Numerica Credit Union is to provide essential financial resources to its members, fostering financial growth and stability within its community.


Official website here: www.numericacu.com

Who is the CEO of Numerica Credit Union?

Ben Richardson is the Chair of Numerica Credit Union. The CEO's salary of Numerica Credit Union is $1,611,854 and their total compensation is $1,646,582.


Official website here: www.numericacu.com

What is the revenue of Numerica Credit Union?

Numerica Credit Union's revenue in 2022 was $175,521,623.


Official website here: www.numericacu.com

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

The average compensation at Numerica Credit Union during 2022 was $65,188. There are 885 employees and 15 volunteers at Numerica Credit Union.

Here are 34 key members and their salaries (Numerica Credit Union's CEO's salary is $1,611,854 and their total compensation is $1,646,582):

    Cicero Carla (President/Ceo)
  • Compensation: $1,611,854
  • Related: $0
  • Other: $34,728

    • Sherman Nicole (Chief Operations Officer)
  • Compensation: $557,470
  • Related: $0
  • Other: $33,900

    • Hansen Greg (Evp Credit Administration)
  • Compensation: $457,019
  • Related: $0
  • Other: $84,144

    • Ferguson Kelley (Chief Administration Officer)
  • Compensation: $497,478
  • Related: $0
  • Other: $18,263

    • Plank Kenneth (Chief Lending Officer)
  • Compensation: $460,776
  • Related: $0
  • Other: $34,696

    • Ciani Lynn (Chief Risk Officer)
  • Compensation: $459,106
  • Related: $0
  • Other: $34,605

    • Richardson Ben (Chief Financial Officer)
  • Compensation: $419,992
  • Related: $0
  • Other: $33,573

    • Chamberlin Bryce (Vp Private Banking Team Leader)
  • Compensation: $414,759
  • Related: $0
  • Other: $26,344

    • Clute Troy (Svp Hlc, Dealer Services, & Retail)
  • Compensation: $365,623
  • Related: $0
  • Other: $32,162

    • O'Callaghan Jennifer (Svp Of Marketing And Analytics)
  • Compensation: $349,583
  • Related: $0
  • Other: $31,265

    • Melcher Joshua (Svp Of Business Services)
  • Compensation: $351,058
  • Related: $0
  • Other: $26,243

    • Pearman- Gillman Kim (Svp Equity & Community Development)
  • Compensation: $325,710
  • Related: $0
  • Other: $40,992

    • Almond Nancy (Svp Program Manager - Nfs)
  • Compensation: $344,462
  • Related: $0
  • Other: $17,350

    • Murray Kaycee (Svp Information Technology)
  • Compensation: $323,843
  • Related: $0
  • Other: $36,327

    • Stirling Andy (Svp Of Central Washington Region)
  • Compensation: $342,917
  • Related: $0
  • Other: $14,077

    • Weis Karen (Svp Risk)
  • Compensation: $321,674
  • Related: $0
  • Other: $34,663

    • Fox Mark (Svp Payment Services & Digital)
  • Compensation: $294,855
  • Related: $0
  • Other: $28,245

    • Kayser Karin (Svp Digital Experience & Engagement)
  • Compensation: $282,635
  • Related: $0
  • Other: $33,142

    • Pearse Daniel (Vp Regional Commercial Banking)
  • Compensation: $269,133
  • Related: $0
  • Other: $30,740

    • Skinfill Lindsey (Svp People Potential)
  • Compensation: $261,042
  • Related: $0
  • Other: $28,245

    • Miller Marci (Svp Retail Experience & Engagement)
  • Compensation: $239,673
  • Related: $0
  • Other: $29,201

    • Berdar Clifford (Hlc Sales Manager)
  • Compensation: $247,540
  • Related: $0
  • Other: $19,923

    • Clabby Jaclyn (Svp General Counsel)
  • Compensation: $239,484
  • Related: $0
  • Other: $21,034

    • Asan Geoffrey (Vp Commercial Banking Team Leader)
  • Compensation: $225,699
  • Related: $0
  • Other: $20,409

    • Madsen Rusty (Vp Retail Experience)
  • Compensation: $219,211
  • Related: $0
  • Other: $25,622

    • Hupp Ron (Chair) [Trustee/Director]
  • Compensation: $31,588
  • Related: $0
  • Other: $0

    • Mortensen Wes (Vice Chair (Thru 4/22), Director)
  • Compensation: $27,816
  • Related: $0
  • Other: $0

    • Clark Scott (Director)
  • Compensation: $24,989
  • Related: $0
  • Other: $0

    • Smith Yvonne (Director)
  • Compensation: $20,861
  • Related: $0
  • Other: $0

    • Plumb Scott (Secretary (From 4/22)) [Trustee/Director]
  • Compensation: $18,572
  • Related: $0
  • Other: $0

    • Benson Adam (Director)
  • Compensation: $17,323
  • Related: $0
  • Other: $0

    • Nielsen Susan (Secretary (Thru 4/22), Director)
  • Compensation: $15,615
  • Related: $0
  • Other: $0

    • Kamkosi Christina (Director)
  • Compensation: $11,568
  • Related: $0
  • Other: $0

    • Ochoa-Bruck Gloria (Vice Chair (From 4/22)) [Trustee/Director]
  • Compensation: $11,539
  • Related: $0
  • Other: $0


  • Official website here: www.numericacu.com

    Where can I find the form 990 for Numerica Credit Union?

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


    Official website here: www.numericacu.com

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

    Mission Statement of Numerica Credit Union

    Numerica Credit Union, a not-for-profit financial institution, is dedicated to serving its membership of 171,803 individuals. In line with its mission statement, the credit union aims to provide a diverse range of financial services beyond the pursuit of profit.

    Established on the principle of mutuality, Numerica Credit Union offers various financial products tailored to meet the needs of its members. These services encompass secure and unsecured consumer and business loans, checking and savings programs, and credit card services. The credit union's commitment to its members extends beyond the provision of financial services, as it operates with a people-first approach.

    Numerica Credit Union is more than just a financial institution; it is a cooperative committed to empowering its members to improve their financial well-being. By providing access to essential banking services, the credit union plays a vital role in enabling its members to achieve their financial goals. With a member-owned structure, the credit union's decisions are based on the collective interests of its membership, ensuring that the organization remains accountable and responsive to the needs of its community.

    Impact

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




    Thursday, August 15, 2024

    Numerica Credit Union has a significant impact by providing essential financial services to over 171,803 members. These services range from real estate and consumer loans to checking and savings programs, as well as credit card services. By operating as a credit union without profit for mutual purposes, Numerica Credit Union plays a vital role in supporting the financial well-being of individuals and businesses in Spokane Valley, WA.





    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: $7,980,528
  • Program Service Revenue: $167,541,095
  • Gross Receipts: $206,557,560

    • Assets and Liabilities:
  • Total Assets: $3,779,281,652
  • Total Liabilities: $3,464,788,666
  • Net Assets: $314,492,986
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $121,305,406

    FEE INCOME

    Revenue

    $45,984,522

    GAIN ON SALE OF LOANS

    Revenue

    $251,167

    Organization Details

    Founding Year

    1937

    Principal Officer

    Ben Richardson

    Main Address

    14610 E SPRAGUE AVENUE, SPOKANE VALLEY, WA, 992162146

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Numerica 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.