Hapo Community Credit Union

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

EIN: 911792217 ✦ Richland, WA ✦ Designated as a 501(c)(14)

Overview

What is Hapo Community Credit Union?

Hapo Community Credit Union is a prominent credit union based in Richland, Washington, with an address at 601 Williams Blvd, ZIP code 99354. With over 200,000 members, this nonprofit organization offers low-cost savings vehicles and loans with superior interest returns and low interest rates, all while operating without capital stock. Its mission is rooted in mutual purposes and non-profit principles. The credit union's net earnings are retained as per regulatory requirements, ensuring its safety and soundness in accordance with NCUA and state law. With a workforce of 598 employees, Hapo Community Credit Union serves its members with a commitment to affordability and financial well-being.


Official website here: www.hapo.org

Is Hapo Community Credit Union legitimate?

Hapo Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Hapo 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: $8,880,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,385,627

For more financial information, click here


Official website here: www.hapo.org

What is the mission statement of Hapo Community Credit Union?

Hapo Community Credit Union is committed to offering affordable savings options and competitive interest returns, as well as affordable loans to its over 200,000 members. The credit union operates on a mutual basis, without capital stock or the intention to make a profit. In accordance with regulatory requirements from the NCUA and state law, net earnings are retained for the safety and soundness of the credit union. The credit union's mission aligns with the philosophy of the credit union movement, prioritizing the financial well-being of its members.


Official website here: www.hapo.org

Who is the CEO of Hapo Community Credit Union?

Dolores Broeske is the Sr Vp/Ceo of Hapo Community Credit Union. The CEO's salary of Hapo Community Credit Union is $1,556,233 and their total compensation is $1,616,644.


Official website here: www.hapo.org

What is the revenue of Hapo Community Credit Union?

Hapo Community Credit Union's revenue in 2022 was $127,669,996.


Official website here: www.hapo.org

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

The average compensation at Hapo Community Credit Union during 2022 was $53,957. There are 598 employees and 7 volunteers at Hapo Community Credit Union.

Here are 27 key members and their salaries (Hapo Community Credit Union's CEO's salary is $1,556,233 and their total compensation is $1,616,644):

    Dolores Broeske (Sr Vp/Ceo)
  • Compensation: $1,556,233
  • Related: $0
  • Other: $60,411

    • Scott Mitchell (Sr Vp/Cfo)
  • Compensation: $1,135,000
  • Related: $0
  • Other: $67,057

    • Ruby Campos (Sr Vp/Coo)
  • Compensation: $1,062,383
  • Related: $0
  • Other: $49,924

    • Jessica Gaudreault (Sr Vp/Cro)
  • Compensation: $1,038,937
  • Related: $0
  • Other: $67,552

    • Carolyn O'Niel (Sr Vp/Cdo (Thru 12/22))
  • Compensation: $1,058,373
  • Related: $0
  • Other: $28,306

    • Enif Michael (Vp Of Card Services)
  • Compensation: $352,828
  • Related: $0
  • Other: $49,202

    • Ashley Ward (Sr Vp/Cio)
  • Compensation: $373,958
  • Related: $0
  • Other: $15,380

    • Paul Pedersen (Vp Of Accounting And Finance)
  • Compensation: $296,659
  • Related: $0
  • Other: $65,055

    • Marcus Hall (Vp Of Consumer Lending)
  • Compensation: $227,400
  • Related: $0
  • Other: $54,593

    • Jeremy O'Niel (Vp Of Marketing)
  • Compensation: $227,437
  • Related: $0
  • Other: $54,408

    • Monte Drake (Vp Of Commercial Services)
  • Compensation: $232,965
  • Related: $0
  • Other: $28,732

    • Donald Frigaard (Vp Of Mortgage)
  • Compensation: $202,057
  • Related: $0
  • Other: $49,681

    • Noemy Correa (Vp Of Branch Management)
  • Compensation: $188,597
  • Related: $0
  • Other: $51,363

    • Janel Marino (Vp Of Marketing)
  • Compensation: $188,262
  • Related: $0
  • Other: $48,719

    • Alma Feil (Mortgage Loan Officer)
  • Compensation: $182,589
  • Related: $0
  • Other: $45,852

    • Nicole Prince (Vp Of Human Resources)
  • Compensation: $176,458
  • Related: $0
  • Other: $47,690

    • Robert Carter (System Engineer Manager)
  • Compensation: $172,188
  • Related: $0
  • Other: $40,182

    • Aaron Fox (Software Engineer Manager)
  • Compensation: $163,485
  • Related: $0
  • Other: $46,571

    • Jenifer Gateley (Sr Vp/Cro)
  • Compensation: $164,483
  • Related: $0
  • Other: $36,342

    • Romelia Cockrum (Director Of Mortgage Operations)
  • Compensation: $164,249
  • Related: $0
  • Other: $34,580

    • John Schnellbach (Former Cfo)
  • Compensation: $74,992
  • Related: $0
  • Other: $0

    • Kenneth Hohenberg (Director/Board Chair)
  • Compensation: $42,651
  • Related: $0
  • Other: $0

    • Kenneth Gale (Treasurer Of The Board) [Trustee/Director]
  • Compensation: $32,087
  • Related: $0
  • Other: $0

    • William Tanner (Director/Board Vice Chair)
  • Compensation: $27,176
  • Related: $0
  • Other: $0

    • William Saraceno (Director)
  • Compensation: $25,250
  • Related: $0
  • Other: $0

    • Richard Cummins (Director/Board Secretary)
  • Compensation: $21,500
  • Related: $0
  • Other: $0

    • William Clarke (Director)
  • Compensation: $20,937
  • Related: $0
  • Other: $0


  • Official website here: www.hapo.org

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

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


    Official website here: www.hapo.org

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

    Mission Statement of Hapo Community Credit Union

    Hapo Community Credit Union, a mutual organization with over 200,000 members, is dedicated to providing affordable savings opportunities and competitive loan rates. This not-for-profit financial cooperative operates without capital stock and adheres to the credit union philosophy, ensuring financial benefits are distributed among its members rather than external shareholders.

    The credit union is renowned for offering low-cost savings vehicles with superior interest returns. Members can rely on Hapo Community Credit Union to help them save money and make the most of their funds. In addition, the credit union offers loans with attractive interest rates, ensuring affordable borrowing options for its members.

    By retaining its net earnings in accordance with the regulatory requirements of the National Credit Union Administration (NCUA) and state law, Hapo Community Credit Union maintains a strong financial footing. This approach not only benefits its members but also ensures the credit union's ongoing safety and soundness, as required by the NCUA and state regulations.

    Impact

    This information is meant to be a general summary of Hapo 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

    Hapo Community Credit Union's impact lies in its provision of low-cost savings vehicles with superior interest returns and low-interest rate loans to over 200,000 members. Operating without capital stock and organized for mutual purposes, Hapo ensures that its net earnings are retained in accordance with regulatory requirements to uphold the safety and soundness of the credit union. This approach aligns with the philosophy of the credit union movement and state laws, contributing to the financial well-being of its members in Richland, 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: $3,542,335
  • Program Service Revenue: $123,221,178
  • Gross Receipts: $128,651,771

    • Assets and Liabilities:
  • Total Assets: $2,335,412,553
  • Total Liabilities: $2,137,266,605
  • Net Assets: $198,145,948
  • Programs

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

    MEMBER LOAN INTEREST

    Revenue

    $85,992,805

    DEBIT/CREDIT/ATM INTERCHANGE

    Revenue

    $22,986,387

    MEMBER FEES & CHARGES

    Revenue

    $14,241,986

    Organization Details

    Founding Year

    1953

    Principal Officer

    Dolores Broeske

    Main Address

    601 WILLIAMS BLVD, RICHLAND, WA, 99354

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Hapo 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.