Overview
What is Altura Credit Union Fka Riverside County's Credit Union?
Altura Credit Union, formerly known as Riverside County's Credit Union, is a cooperative financial institution based in Riverside, California, with an address at 2847 Campus Parkway, ZIP code 92507. Established with the purpose of promoting thrift and savings among its members, Altura Credit Union offers traditional banking services, including checking accounts, savings accounts, and investment services, such as retirement accounts, stocks, bonds, and mutual funds, for both personal and business needs. The credit union also provides mobile banking through a phone application that allows 24/7 account access, loan and credit card payments, and branch and ATM location services. Altura Credit Union is democratic in nature, with earnings, savings, benefits, or services being distributed to its members as patrons, creating opportunities for them to control and improve their economic and social conditions. With a team of 505 dedicated employees, the credit union upholds its mission to provide a source of credit at rates determined by its board of directors and operate for the mutual benefit and general welfare of its members.
Official website here: www.alturacu.com
Is Altura Credit Union Fka Riverside County's Credit Union legitimate?
Altura Credit Union Fka Riverside County's Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Altura Credit Union Fka Riverside County's 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: $4,744,454
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,217,306
For more financial information, click here
Official website here: www.alturacu.com
What is the mission statement of Altura Credit Union Fka Riverside County's Credit Union?
Altura Credit Union, formerly known as Riverside County's Credit Union, operates as a cooperative with the primary goal of encouraging savings and thrift amongst its members. The organization provides an avenue for its members to access credit at interest rates determined by the board of directors. Members have the opportunity to manage their own money democratically, improving their economic and social conditions. Altura Credit Union conducts its business with the mutual benefit and general welfare of its members in mind, distributing earnings, savings, benefits, or services to its members as patronage.
Official website here: www.alturacu.com
Who is the CEO of Altura Credit Union Fka Riverside County's Credit Union?
Jennifer Binkley is the Ceo of Altura Credit Union Fka Riverside County's Credit Union. The CEO's salary of Altura Credit Union Fka Riverside County's Credit Union is $916,623 and their total compensation is $943,144.
Official website here: www.alturacu.com
What is the revenue of Altura Credit Union Fka Riverside County's Credit Union?
Altura Credit Union Fka Riverside County's Credit Union's revenue in 2022 was $117,960,253.
Official website here: www.alturacu.com
Who are the executives of Altura Credit Union Fka Riverside County's Credit Union and what are their salaries?
The average compensation at Altura Credit Union Fka Riverside County's Credit Union during 2022 was $69,231. There are 505 employees and 14 volunteers at Altura Credit Union Fka Riverside County's Credit Union.
Here are 25 key members and their salaries (Altura Credit Union Fka Riverside County's Credit Union's CEO's salary is $916,623 and their total compensation is $943,144):
- Jennifer Binkley (Ceo)
- Kevin Sherrell (Evp/Cso)
- Luis Barrios (Commercial Bus Development Officer)
- Robert Whitton (Svp/Cxo)
- Kathleen Thayer (Svp/Cfo)
- Chris Andrus (Svp/Cmo)
- Chin H Pyun (Svp/Clo)
- Scott Murray (Svp/Cio)
- Greg Chantler (Vp, Corporate Real Estate)
- Turhan Hunt (Vp, Member Services)
- Vineet Sakhuja (Consumer Loan Officer)
- Julie Bjornstad (Svp/Hr)
- Natalie Brown (Vp Of Consumer Lending)
- Jerry Rivera (Chairman) [Trustee/Director]
- Joseph Calderon (Vice Chairman) [Trustee/Director]
- Gloria Perez (Treasurer) [Trustee/Director]
- Barbara Purvis (Secretary) [Trustee/Director]
- Perry Reed (Immediate Past Chairman) [Trustee/Director]
- Norman Perry (Director)
- Jacqueline Hall (Director)
- Mark Balys (Director)
- George Price (Director)
- Keith D Downs (Director)
- Eugene Kim (Director)
- Ninfa Delgado (Director)
Official website here: www.alturacu.com
Where can I find the form 990 for Altura Credit Union Fka Riverside County's Credit Union?
The Altura Credit Union Fka Riverside County's Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.alturacu.com
Learn more at the official website: www.alturacu.com
Mission Statement of Altura Credit Union Fka Riverside County's Credit Union
Altura Credit Union, a cooperative organized for the purpose of promoting thrift and savings among its members, strives to create a reliable source of credit for them at rates determined by its board of directors. By doing so, the credit union offers its members an opportunity to control their own money in a democratic fashion, ultimately aiming to improve their economic and social conditions. As a cooperative, Altura Credit Union operates with the mutual benefit and general welfare of its members in mind. The earnings, savings, benefits, and services of the credit union are distributed back to its members as patronage. In simple terms, Altura Credit Union acts as a financial cooperative, where members come together to save and borrow money at favorable rates, collectively contributing to their financial well-being.
Impact
This information is meant to be a general summary of Altura Credit Union Fka Riverside County's Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Altura Credit Union, formerly known as Riverside County's Credit Union, has a significant impact on its community by promoting thrift and savings among its members. By offering traditional banking services such as checking and savings accounts, investment services, and mobile banking options, Altura Credit Union equips individuals and businesses with the tools needed to manage their finances effectively.
One of the key aspects of Altura Credit Union's impact is its mission to provide a source of credit for its members at reasonable interest rates, set by the board of directors. This commitment to fair and accessible credit helps members to achieve their financial goals and improve their economic and social conditions.
As a cooperative, Altura Credit Union operates for the mutual benefit of its members, with earnings and benefits distributed back to the members. This democratic approach to financial services empowers individuals to use and control their money effectively, contributing to the overall welfare of the community.
Overall, Altura Credit Union's focus on thrift, savings, and community welfare makes a positive impact by providing essential financial services and opportunities for its members to improve their financial well-being.
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 ON LOANS
Revenue
$60,975,262
OTHER OPERATING INCOME
Revenue
$25,798,578
FEE INCOME
Revenue
$16,625,569
Organization Details
Founding Year
1957
Phone
(951) 571-5395
Principal Officer
Jennifer Binkley
Main Address
2847 CAMPUS PARKWAY, RIVERSIDE, CA, 92507
Website
www.alturacu.com
NTEE Category
Code: W60 - Public benefit
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