Overview
What is Park Side Financial Credit Union?
Park Side Financial Credit Union is a member-owned cooperative based in Whitefish, Montana, with an address at 1300 Baker Ave, ZIP code 59937. As a not-for-profit financial cooperative, it offers a diverse range of financial services to its members. These services encompass providing real estate loans, consumer loans, checking accounts, savings accounts, and time deposits. At the end of 2022, Park Side Financial Credit Union reported having 49,620 transactional deposit accounts worth $270,085,005 and 1,983 time deposit accounts worth $82,093,255. Furthermore, the credit union had 1,450 real estate loans with a total value of $185,221,797. With a workforce of 114 employees, the credit union aims to be the best place for people in Western Montana to secure a loan.
Official website here: www.parksidefcu.com
Is Park Side Financial Credit Union legitimate?
Park Side Financial Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Park Side Financial 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $888,565
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,764,057
For more financial information, click here
Official website here: www.parksidefcu.com
What is the mission statement of Park Side Financial Credit Union?
Park Side Financial Credit Union is a member-driven financial cooperative committed to offering a diverse range of financial services to its members. Their primary focus includes providing real estate loans, consumer loans, checking accounts, savings accounts, and time deposits. At the end of 2022, the credit union managed 49,620 transactional deposit accounts worth $270,085,005, 1,983 time deposit accounts valued at $82,093,255, and 1,450 real estate loans totaling $185,221,797. In essence, their mission is to be the preferred choice for individuals in Western Montana seeking loan services.
Official website here: www.parksidefcu.com
Who is the CEO of Park Side Financial Credit Union?
Jeremy Presta is the Chair of Park Side Financial Credit Union. The CEO's salary of Park Side Financial Credit Union is $299,563 and their total compensation is $338,951.
Official website here: www.parksidefcu.com
What is the revenue of Park Side Financial Credit Union?
Park Side Financial Credit Union's revenue in 2022 was $17,656,460.
Official website here: www.parksidefcu.com
Who are the executives of Park Side Financial Credit Union and what are their salaries?
The average compensation at Park Side Financial Credit Union during 2022 was $49,584. There are 114 employees and 14 volunteers at Park Side Financial Credit Union.
Here are 17 key members and their salaries (Park Side Financial Credit Union's CEO's salary is $299,563 and their total compensation is $338,951):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $299,563
- Related: $0
- Other: $39,388
- Compensation: $280,896
- Related: $0
- Other: $28,039
- Compensation: $220,344
- Related: $0
- Other: $20,336
- Compensation: $126,060
- Related: $0
- Other: $31,857
- Compensation: $129,824
- Related: $0
- Other: $30,790
- Compensation: $128,653
- Related: $0
- Other: $19,677
- Compensation: $114,162
- Related: $0
- Other: $32,189
- Compensation: $124,649
- Related: $0
- Other: $29,595
Official website here: www.parksidefcu.com
Where can I find the form 990 for Park Side Financial Credit Union?
Park Side Financial Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.parksidefcu.com
Learn more at the official website: www.parksidefcu.com
Mission Statement of Park Side Financial Credit Union
Park Side Financial Credit Union, a member-owned cooperative, is dedicated to being the best place for people in western Montana to obtain a loan. This not-for-profit financial cooperative offers a wide range of financial services to its members. Among its primary services are providing real estate loans, consumer loans, checking accounts, savings accounts, and time deposits. At the end of 2022, Park Side Financial Credit Union boasted 49,620 transactional deposit accounts with a total value of $270,085,005, 1,983 time deposit accounts with a collective value of $82,093,255, and 1,450 real estate loans worth $185,221,797. By offering these financial services, Park Side Financial Credit Union aims to make a positive impact on the lives of its members.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Park Side Financial Credit Union plays a vital role in the financial well-being of its members in Western Montana. As a member-owned cooperative, it offers a diverse range of financial services tailored to meet the needs of its community. With nearly 50,000 transactional deposit accounts valued at over $270 million, Park Side provides essential services such as checking and savings accounts, consumer loans, and real estate loans, which collectively support members in achieving their financial goals.
As of December 31, 2022, the credit union managed approximately $185 million in real estate loans and over $82 million in time deposit accounts. This significant financial footprint not only bolsters individual financial health but also positively impacts the local economy by promoting home ownership and savings among community members. Through its focus on providing accessible and beneficial financial services, Park Side Financial Credit Union is committed to being the premier choice for financial solutions in the region.
This information is meant to be a general summary of Park Side Financial Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: $662,590
- Program Service Revenue: $16,948,930
- Gross Receipts: $21,920,706
Assets and Liabilities:
- Total Assets: $423,363,479
- Total Liabilities: $394,632,071
- Net Assets: $28,731,408
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$12,689,505
FEES AND CHARGES
Revenue
$4,259,425
Organization Details
Founding Year
1965
Phone
(406) 862-2652Principal Officer
Jeremy Presta
Main Address
1300 BAKER AVE, WHITEFISH, MT, 59937
Website
www.parksidefcu.comNTEE Category
Code: W60 - Public benefit
If you are a representative of Park Side Financial Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.