Central Willamette Credit Union Union, operating under the name Na, is located in Albany, OR. As of 12/2021, Na employed 125 individuals. Na 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, Na generated $21.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $15.5m during the year ending 12/2021. While expenses have increased by 5.5% 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
TO PROVIDE FINANCIAL PRODUCTS AND SERVICES TO OUR MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTRAL WILLAMETTE CREDIT UNION SERVICES 31,950 MEMBERS OF OUR COMMUNITY WITH DIVERSE FINANCIAL PRODUCTS AND SERVICES. DURING THE YEAR WE GRANTED A TOTAL OF 8,855 LOANS WORTH $144,349,464 TO OUR MEMBERS. WE HAVE A TOTAL LOAN PORTFOLIO OF 17,007 LOANS WORTH $297,614,137. THE CREDIT UNION MAINTAINS 62,263 DEPOSIT ACCOUNTS FOR OUR MEMBERS WORTH $427,105,848. THE CREDIT UNION EMPLOYS 94 INDIVIDUALS FROM OUR COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stacie Wyss-Schoenborn CEO | Officer | 50 | $345,774 |
Joey Rudisill Cio | 50 | $174,130 | |
Rachel Wolfe COO | 50 | $170,615 | |
Amanda Grolemund Cmo | 50 | $151,735 | |
Dewayne Ledbetter CFO (beg 7/1/21) | Officer | 50 | $134,555 |
Grady Corr Information Security Offic | 50 | $129,449 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Q2 Software Online And Mobile Banking Service | 12/30/21 | $452,223 |
Pscu Credit And Debit Card Processor | 12/30/21 | $993,008 |
Alpine Marketing Marketing/advertising | 12/30/21 | $263,800 |
Haberfield Direct Member Acquisition Consultant | 12/30/21 | $211,331 |
Amazon Web Service Inc Cloud Data Storage | 12/30/21 | $253,211 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $18,767,901 |
Investment income | $936,208 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $37,079 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $21,128,813 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,500 |
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. | $480,329 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,786,032 |
Pension plan accruals and contributions | $147,091 |
Other employee benefits | $911,920 |
Payroll taxes | $553,652 |
Fees for services: Management | $0 |
Fees for services: Legal | $67,955 |
Fees for services: Accounting | $100,801 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $515,999 |
Office expenses | $662,681 |
Information technology | $1,023,419 |
Royalties | $0 |
Occupancy | $570,018 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $79,761 |
Interest | $693,766 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $915,447 |
Insurance | $143,865 |
All other expenses | $1,187,540 |
Total functional expenses | $15,539,374 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,138,474 |
Savings and temporary cash investments | $53,755,308 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $295,929,479 |
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 | $0 |
Net Land, buildings, and equipment | $7,842,223 |
Investments—publicly traded securities | $94,849,900 |
Investments—other securities | $2,538,800 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $21,131,797 |
Total assets | $480,185,981 |
Accounts payable and accrued expenses | $12,155,619 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $427,105,848 |
Total liabilities | $439,261,467 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $40,924,514 |
Total liabilities and net assets/fund balances | $480,185,981 |
Over the last fiscal year, we have identified 1 grants that Central Willamette Credit Union Union has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Northwest Credit Union Foundation Seatac, WA PURPOSE: RURAL ACCESS PLANNING GRANT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Valley Cities Counseling And Consultation Kent, WA | $68,516,464 | $52,441,462 |
Clean Air California San Rafael, CA | $105,149 | $50,028,663 |
Olympic Club San Francisco, CA | $139,553,098 | $52,824,082 |
Senior Housing Assistance Group Bellevue, WA | $19,510,014 | $47,584,757 |
Rehabilitation Hospital Of The Pacific Honolulu, HI | $92,438,994 | $51,014,066 |
Guide Dogs For The Blind Inc San Rafael, CA | $528,074,429 | $68,313,172 |
Utah Charter Academies Draper, UT | $87,193,817 | $47,458,045 |
Los Angeles County Museum Of Natural History Foundation Los Angeles, CA | $310,771,263 | $64,336,067 |
Tmc Medical Network Tucson, AZ | $11,838,575 | $36,338,871 |
Farmworker Housing Development Corporation Woodburn, OR | $38,489,152 | $50,603,314 |
Queen Emma Land Company Honolulu, HI | $818,713,914 | $96,602,419 |
Nevada Health Centers Inc Carson City, NV | $41,549,855 | $55,310,099 |