Credit Union 1

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

EIN: 920021481 ✦ Anchorage, AK ✦ Designated as a 501(c)(14)

Overview

What is Credit Union 1?

Credit Union 1 is a member-focused financial institution located in Anchorage, Alaska. Their mission is to help members achieve their financial goals by prioritizing exceptional service and value. As a nonprofit organization, they cater to eligible individuals, offering a range of services designed to assist members in reaching their financial aspirations.


Official website here: www.cu1.org

Is Credit Union 1 legitimate?

Credit Union 1 is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Union 1 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: $2,081,857
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cu1.org

What is the mission statement of Credit Union 1?

Credit Union 1 is dedicated to assisting its members in accomplishing their financial objectives. By placing a strong emphasis on exceptional service and value, the credit union strives to make a positive impact on its members' financial journeys. Through its various offerings, the credit union aims to help members save, borrow, and manage their money effectively. By focusing on the unique needs of each member, Credit Union 1 builds strong relationships and fosters long-term financial success. With a commitment to putting its members first, the credit union goes above and beyond to ensure that they have the resources and support they need to reach their financial goals.


Official website here: www.cu1.org

What is the revenue of Credit Union 1?

Credit Union 1's revenue in 2022 was $77,760,445.


Official website here: www.cu1.org

Who are the executives of Credit Union 1 and what are their salaries?

The average compensation at Credit Union 1 during 2022 was $3,973. There are 524 employees and 10 volunteers at Credit Union 1.

Here are 17 key members and their salaries (Credit Union 1's CEO's salary is $421,156 and their total compensation is $507,443):

    James Wileman (President/Ceo)
  • Compensation: $761,922
  • Related: $0
  • Other: $5,926

    • Mark Burgess (President/Ceo)
  • Compensation: $421,156
  • Related: $0
  • Other: $86,287

    • Charles Bostick (Cfo)
  • Compensation: $363,026
  • Related: $0
  • Other: $12,563

    • Rachel Langtry (Coo)
  • Compensation: $320,371
  • Related: $0
  • Other: $10,939

    • Wendy Yow (Svp Of Human Resources)
  • Compensation: $164,295
  • Related: $0
  • Other: $77,529

    • Steven Greenbaum (Avp Of Enterprise Security)
  • Compensation: $155,151
  • Related: $0
  • Other: $62,959

    • Tyler Hasbrouck (Vp Of Remote Delivery)
  • Compensation: $154,912
  • Related: $0
  • Other: $51,570

    • Deborah Manfred (Vp Of Real Estate Lending)
  • Compensation: $154,991
  • Related: $0
  • Other: $49,356

    • Rachel Guyselman (Svp Of Risk & Compliance)
  • Compensation: $149,439
  • Related: $0
  • Other: $34,467

    • Tavish Taylor (Interim Cfo)
  • Compensation: $151,207
  • Related: $0
  • Other: $7,960

    • Andre Horton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colin Baxter (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Bernard (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Towslee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marietta Ed Hall (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Cavin (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yuliya Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cu1.org

    Where can I find the form 990 for Credit Union 1?

    The Credit Union 1’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cu1.org

    Learn more at the official website: www.cu1.org

    Mission Statement of Credit Union 1

    Credit Union 1, a mission-driven organization, is dedicated to helping its members attain their financial objectives. By focusing on exceptional service and value, this Credit Union sets itself apart.

    In pursuit of its mission, Credit Union 1 extends a helping hand to eligible members, striving to make a positive impact on their financial journeys. The Credit Union's commitment to its members goes beyond mere transactions; it's about building lasting relationships and fostering financial growth.

    Credit Union 1's unique approach to financial services is rooted in its unwavering dedication to excellent service. The organization prides itself on understanding each member's unique financial situation and tailoring solutions accordingly. This personalized touch sets Credit Union 1 apart in the financial services landscape, enabling it to truly make a difference in the lives of its members.

    Moreover, Credit Union 1's unwavering focus on value adds another layer of value for its members. By prioritizing cost-effective solutions, Credit Union 1 empowers its members to achieve their financial goals more efficiently. This commitment to value, combined with its exceptional service, makes Credit Union 1 an indispensable partner for those seeking to improve their financial wellbeing.

    Impact

    This information is meant to be a general summary of Credit Union 1. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Credit Union 1 helps members achieve their financial goals by focusing on excellent service and value. They provide essential financial services to eligible members in Anchorage, AK. By prioritizing exceptional service and value, Credit Union 1 plays a crucial role in supporting individuals and families in reaching their financial objectives.





    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: $6,801,349
  • Program Service Revenue: $66,185,154
  • Gross Receipts: $80,328,028

    • Assets and Liabilities:
  • Total Assets: $1,475,579,183
  • Total Liabilities: $1,328,663,622
  • Net Assets: $146,915,561
  • Programs

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

    INTEREST FROM LOANS

    Revenue

    $44,092,793

    SERVICING FEES

    Revenue

    $21,320,299

    ORIGINATION FEES

    Revenue

    $772,062

    Organization Details

    Founding Year

    1982

    Main Address

    1941 Abbott Road, Anchorage, AK, 99507

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Credit Union 1 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.