Nevada Credit Union League Inc
- Assets
- $678.3k
- Revenue
- $318.9k
- Investments
- $14.0k
- Employees
- 0
- Location
- Ontario, CA
- Founding
- 09/1970
- Data as of
- 12/2021
- EIN
- 88-0106501
Organization Overview
Nevada Credit Union League Inc is located in Ontario, CA. The organization was established in 1970. 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 an independent organization and not affiliated with a larger national or regional group of organizations. Nevada Credit Union League Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Nevada Credit Union League Inc generated $318.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $321.9k during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CREDIT UNIONS WITH LEADERSHIP, ADVOCACY, INFORMATION AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE NEVADA CREDIT UNIONS WITH LEADERSHIP, ADVOCACY, INFORMATION AND EDUCATION THROUGH A MANAGEMENT SERVICE AGREEMENT WITH THE CALIFORNIA CREDIT UNION LEAGUE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Kershaw Executive Director/chairman | OfficerTrustee | 1 | $0 |
Wally Murray Secretary/treasurer | OfficerTrustee | 1 | $0 |
Jennifer Denoo Executive Director/vice Chair | OfficerTrustee | 1 | $0 |
Diana Dykstra President/ceo | Officer | 2 | $0 |
Rick Schmidt Director | Trustee | 0.5 | $0 |
Scott Arkills Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,000 |
| Total Program Service Revenue | $304,272 |
| Investment income | $633 |
| 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 | $318,905 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $246,686 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $431 |
| Fees for services: Lobbying | $23,904 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $648 |
| Advertising and promotion | $0 |
| Office expenses | $647 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,804 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,381 |
| All other expenses | $0 |
| Total functional expenses | $321,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $661,859 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,492 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $13,953 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $678,304 |
| Accounts payable and accrued expenses | $74,319 |
| Grants payable | $0 |
| Deferred revenue | $203,495 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $277,814 |
| Net assets without donor restrictions | $381,646 |
| Net assets with donor restrictions | $18,844 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $678,304 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nevada Credit Union League Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Clark County Credit Union Las Vegas, NV PURPOSE: Sponsorship for Purpose of Grant or Assistance | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Technology Credit Union San Jose, CA | $4,123,158,923 | $173,209,130 |
One Az Credit Union Phoenix, AZ | $3,043,080,305 | $105,409,190 |
Credit Unions In The State Of California San Diego, CA | $3,476,522,108 | $114,723,458 |
Premier America Credit Union Chatsworth, CA | $3,406,612,540 | $107,505,968 |
Vantage West Credit Union Tucson, AZ | $2,536,511,128 | $106,118,675 |
Altura Credit Union Riverside, CA | $2,322,631,067 | $106,884,732 |
Greater Nevada Credit Union Carson City, NV | $1,614,964,186 | $96,680,282 |
Credit Unions In The State Of California Downey, CA | $1,754,411,091 | $83,874,646 |
Schools Financial Credit Union Sacramento, CA | $0 | $101,261,825 |
Selco Community Credit Union Springfield, OR | $2,557,598,852 | $90,564,912 |
Credit Union Of Southern California Anaheim, CA | $2,246,765,154 | $90,560,812 |
Credit Unions In The State Of California Santa Ana, CA | $2,364,652,303 | $80,020,554 |