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First Community Credit Union

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

EIN: 930468003 ✦ Coquille, OR ✦ Designated as a 501(c)(14)

Overview

What is First Community Credit Union?

First Community Credit Union, located at 200 N Adams Street in Coquille, Oregon (97423), is a state-chartered financial institution dedicated to establishing enduring relationships with its customers through personalized banking services. With a team of approximately 402 dedicated employees, they provide a comprehensive range of financial offerings, including loans, deposits, automated clearing house (ACH) services, and ATM access. Their operations are open Monday through Friday, except on federal holidays. The credit union's mission is to foster lasting financial connections by offering tailored banking experiences.


Official website here: www.myfirstccu.org

Is First Community Credit Union legitimate?

First Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. First 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: $2,418,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,945,703

For more financial information, click here


Official website here: www.myfirstccu.org

What is the mission statement of First Community Credit Union?

First Community Credit Union is dedicated to building enduring financial relationships with its members. This mission is achieved through personalized banking services. The credit union offers a range of financial activities, including the funding and servicing of loans, deposits, ACH services, and ATM access, among others. These services are available from Monday to Friday, with the exception of federal holidays. By prioritizing personalized banking, First Community Credit Union aims to foster long-term financial partnerships with its members.


Official website here: www.myfirstccu.org

Who is the CEO of First Community Credit Union?

David Elmer is the President/Ceo/Treasurer of First Community Credit Union. The CEO's salary of First Community Credit Union is $709,851 and their total compensation is $746,212.


Official website here: www.myfirstccu.org

What is the revenue of First Community Credit Union?

First Community Credit Union's revenue in 2022 was $57,546,079.


Official website here: www.myfirstccu.org

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

The average compensation at First Community Credit Union during 2022 was $50,657. There are 402 employees and 18 volunteers at First Community Credit Union.

Here are 21 key members and their salaries (First Community Credit Union's CEO's salary is $709,851 and their total compensation is $746,212):

    Renee Nelson (Executive Vice President/Cfo)
  • Compensation: $800,523
  • Related: $0
  • Other: $36,361

    • David Elmer (President/Ceo/Treasurer)
  • Compensation: $709,851
  • Related: $0
  • Other: $36,361

    • Denise Hill (Executive Vice President/Coo)
  • Compensation: $591,126
  • Related: $0
  • Other: $19,017

    • Ted Rubin (Vp Of Investment Services)
  • Compensation: $229,257
  • Related: $0
  • Other: $36,361

    • Mike Leep (Svp Finance)
  • Compensation: $230,218
  • Related: $0
  • Other: $35,320

    • Kevin Isley (Svp Ebanking & Development)
  • Compensation: $223,176
  • Related: $0
  • Other: $36,361

    • Mindy Reeves (Svp Credit Administration)
  • Compensation: $217,719
  • Related: $0
  • Other: $36,361

    • Erin Spencer (Svp Communications & Engagement)
  • Compensation: $212,348
  • Related: $0
  • Other: $27,815

    • Shaun Hoback (Board Member (Chairperson)) [Trustee/Director]
  • Compensation: $25,000
  • Related: $0
  • Other: $0

    • Hall Thomas (Board Member) [Trustee/Director]
  • Compensation: $20,000
  • Related: $0
  • Other: $0

    • Robin Mcalpin (Board Member (Vice-Chairperson)) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Linda Furman Grile (Board Member (Secretary)) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Brian Menefee (Board Member (Treasurer)) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Steve Mohrland (Board Member (Former Chair)) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Dan Gibson (Board Member) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Frank Sproul (Board Member) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Dennis Erickson (Board Member) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Gerald Prickett (Board Member) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • June Chadbourne (Board Member) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Mary-Ellen Robbins (Board Member) [Trustee/Director]
  • Compensation: $18,000
  • Related: $0
  • Other: $0

    • Elizabeth Davis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.myfirstccu.org

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

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


    Official website here: www.myfirstccu.org

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

    Mission Statement of First Community Credit Union

    First Community Credit Union, a state-chartered financial institution, is committed to establishing enduring financial relationships with its members through tailored banking services. The organization's mission comes to life as it offers a range of financial activities, including the processing and approval of loans and the management of deposits, ACH services, and ATM access among others. This personalized approach sets the tone for the credit union's interactions with its clientele, fostering long-lasting bonds.

    The First Community Credit Union team is dedicated to providing these services, ensuring they are accessible to members from Monday through Friday, with the exception of federal holidays. By prioritizing individual needs and offering flexible financing solutions, the credit union cultivates a sense of trust and reliability among its members. This commitment to creating meaningful connections is at the heart of the organization's mission.

    In essence, First Community Credit Union stands out as a financial partner that goes the extra mile to understand and cater to the unique financial circumstances of its members. By offering a range of services and maintaining a personal touch, this credit union builds lasting relationships based on trust and understanding.

    Impact

    This information is meant to be a general summary of First 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

    First Community Credit Union's impact can be seen through its mission to build lasting financial relationships through personalized banking. By offering a range of services including funding and servicing of loans, deposits, ACH services, and ATM access, this credit union plays a crucial role in supporting individuals and businesses in Coquille, OR. Through its commitment to providing personalized banking solutions, First Community Credit Union helps its members manage their finances effectively and achieve their financial goals. This impact extends beyond just providing financial services to actively fostering a sense of community and financial empowerment among its members.





    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: $10,082,911
  • Program Service Revenue: $45,818,754
  • Gross Receipts: $58,042,476

    • Assets and Liabilities:
  • Total Assets: $1,796,419,066
  • Total Liabilities: $1,629,402,121
  • Net Assets: $167,016,945
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $30,756,633

    OTHER OPERATING INCOME

    Revenue

    $15,062,121

    Organization Details

    Founding Year

    1957

    Principal Officer

    David Elmer

    Main Address

    200 N ADAMS STREET, COQUILLE, OR, 97423

    NTEE Category

    Code: W60 - Public benefit

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