Lewis Clark Credit Union

Organization Overview

Lewis Clark Credit Union is located in Lewiston, ID. As of 12/2021, Lewis Clark Credit Union employed 50 individuals. Lewis Clark Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, Lewis Clark Credit Union generated $12.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $8.7m during the year ending 12/2021. While expenses have increased by 17.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BE OUR MEMBER'S FAVORITE FINANCIAL INSTITUTION BY HELPING THEM ACHIEVE FINANCIAL SUCCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LEWIS CLARK CREDIT UNION IS A NON-PROFIT FINANCIAL INSTITUTION LOCATED IN NORTH IDAHO PROVIDING FINANCIAL SERVICES INCLUDING: SAVINGS ACCOUNTS, CHECKING ACCOUNTS, MONEY MARKET ACCOUNTS, CERTIFICATES OF DEPOSIT, AND AFFORDABLE CREDIT LOANS TO ITS MEMBERS. LCCU SERVES 18,674 MEMBERS IN NORTH IDAHO AND EASTERN WASHINGTON. LCCU IS A CDFI CERTIFIED INSTITUTION FOCUSED ON MAKING AFFORDABLE CREDIT LOANS TO THE UNDERSERVED LOW INCOME TRACTS IN THE COMMUNITIES IT SERVES. BESIDES FINANCIALS SERVICES, LCCU HAS AWARDED TEACHER GRANTS, SCHOLARSHIPS, AND SPONSORSHIPS TO HELP BETTER THE FUTURE OF ITS MEMBERS AND THE COMMUNITIES IT SERVES. IN 2021, THE CREDIT UNION SAW STRONG GROWTH IN MEMBERS, DEPOSITS, AND LOANS DURING THE COVID PANDEMIC. (CONTINUED ON SCHEDULE O) THE CREDIT UNION CONTINUED TO SEE A LARGE NUMBER OF DEPOSITS IN 2021 RESULTING IN A REGULATORY NET WORTH OF 7.89% AT THE LOWEST.


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Board, Officers & Key Employees

Name (title)Compensation
Trisha Baker
CEO
$247,841
Mary Light
It Manager
$145,923
Chad Smith
VP Lending
$137,512
Amanda Nixon
VP Operations/cfo
$125,497
Sherri Kumm
Board Chair
$0
Katy Miller
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,826,265
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,826,265
Total Program Service Revenue$10,803,299
Investment income $225,006
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,854,570

Grants Awarded

Over the last fiscal year, Lewis Clark Credit Union has awarded $42,450 in support to 3 organizations.

Grant RecipientAmount

CHILDREN'S MIRACLE NETWORK

Org PageRecipient Profile

Salt Lake City, UT

PURPOSE: Event Sponsorship

$20,000

TWIN COUNTY UNITED WAY

Org PageRecipient Profile

Lewiston, ID

PURPOSE: Event Sponsorship

$12,450

BOYS & GIRLS CLUB OF THE LEWIS CLARK VALLEY

Org PageRecipient Profile

Lewiston, ID

PURPOSE: Event Sponsorship

$10,000
View Grant Profile

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