Credit Unions Chartered In The State Of Utah
- Assets
- $478.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salt Lake City, UT
- Founding
- 07/1956
- Data as of
- 12/2021
- EIN
- 87-0402973
Organization Overview
Credit Unions Chartered In The State Of Utah is located in Salt Lake City, UT. The organization was established in 1956. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Credit Unions Chartered In The State Of Utah 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, Credit Unions Chartered In The State Of Utah generated $2.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $858.0 during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
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SCHOLARSHIPSWEREGIVENTO68STUDENTSFORTUITIONTOVARIOUSUNIVERSITIES COLLEGES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Jackson President | 1 | $0 | |
Richard Beckstrand Vice President | 1 | $0 | |
Amy Driggs Secretary | 1 | $0 | |
Misti Milner CEO Board Member | 1 | $0 | |
Steve Hopkins Board Member | 1 | $0 | |
Janelle Christofferson CFO Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,350 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,350 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $772 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $86 |
| Total expenses | $858 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $478,284 |
| Other assets | $0 |
| Total assets | $478,285 |
| Total liabilities | $327,696 |
| Net assets or fund balances | $150,589 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Weststar Credit Union Las Vegas, NV | $257,379,875 | $10,374,892 |
Zia Credit Union Los Alamos, NM | $198,577,340 | $10,872,858 |
Credit Unions In The State Of Arizona Tempe, AZ | $253,112,474 | $10,321,261 |
Alpine Credit Union Orem, UT | $297,713,467 | $10,169,524 |
Arapahoe Credit Union Littleton, CO | $161,441,779 | $8,110,476 |
Credit Unions In The State Of Arizona Tucson, AZ | $209,105,041 | $8,811,267 |
Financial Horizons Credit Union Hawthorne, NV | $270,951,452 | $8,770,455 |
Credit Unions Chartered In The State Of Utah Salt Lake City, UT | $185,988,515 | $7,303,086 |
Minnequa Works Credit Union Pueblo, CO | $238,940,287 | $7,220,159 |
Credit Unions Chartered In The State Of Colorado Pueblo, CO | $198,856,322 | $7,604,912 |
Credit Unions Chartered In The State Of Utah Springville, UT | $131,592,794 | $6,582,298 |
Foothills Credit Union Lakewood, CO | $142,969,673 | $4,903,875 |