Riverview Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 416031223 ✦ South saint paul, MN ✦ Designated as a 501(c)(14)

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Overview

What is Riverview Credit Union?

Riverview Credit Union is a member-focused financial institution based in South Saint Paul, Minnesota. With a strong commitment to its members, the credit union offers various deposit accounts and opened 17 new accounts in 2022. As of December 31, 2022, the credit union had 538 members. The primary mission of Riverview Credit Union is to provide courteous, professional, and competitive financial services, ensuring accurate and efficient operations to safeguard its members' assets. The credit union's activities are geared towards meeting the financial needs of its members, ensuring their assets remain secure. With a modest workforce of two employees, Riverview Credit Union delivers financial services tailored to its members' requirements.


Official website here: www.myrcu.com

Is Riverview Credit Union legitimate?

Riverview Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Riverview 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: $107,852
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,515

For more financial information, click here


Official website here: www.myrcu.com

What is the mission statement of Riverview Credit Union?

Riverview Credit Union's mission is centered around providing courteous, professional, and competitive financial services that cater to the needs of its members. The credit union strives to maintain accurate and efficient operations to safeguard its members' assets. This mission is reflected in their daily operations, which include offering various deposit accounts to meet the diverse needs of their members. In 2022, they opened 17 new deposit accounts, demonstrating their commitment to expansion and growth. As of December 31, 2022, they had a membership of 538 individuals.


Official website here: www.myrcu.com

Who is the CEO of Riverview Credit Union?

Julia Havens is the President & of Riverview Credit Union.


Official website here: www.myrcu.com

What is the revenue of Riverview Credit Union?

Riverview Credit Union's revenue in 2022 was $356,408.


Official website here: www.myrcu.com

Who are the executives of Riverview Credit Union and what are their salaries?

The average compensation at Riverview Credit Union during 2022 was $74,684. There are 2 employees and 6 volunteers at Riverview Credit Union.


Here are 5 key members and their salaries:


Julia Havens (President &)
  • Compensation: $107,852
  • Related: $0
  • Other: $7,690
Tamara Snaza (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Bauer (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Warren Mitchell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Hirte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.myrcu.com

Where can I find the form 990 for Riverview Credit Union?

Riverview Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.myrcu.com

Learn more at the official website: www.myrcu.com

Mission Statement of Riverview Credit Union

Riverview Credit Union is committed to delivering courteous, professional, and competitive financial services to cater to the needs of its members. This mission is aimed at maintaining accurate and efficient operations to safeguard the assets of its members. In essence, Riverview Credit Union prioritizes providing top-notch financial services that cater to the demands of its members while ensuring the secure management of their assets. The credit union offers various deposit accounts, and in 2022, it introduced 17 new account options. As of December 31, 2022, Riverview Credit Union had 538 members.

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Impact




October, 2024

Riverview Credit Union plays a vital role in the South St. Paul community by offering courteous, professional, and competitive financial services tailored to the diverse needs of its members. By focusing on maintaining accurate and efficient operations, the credit union safeguards the assets of its 538 members, fostering a sense of trust and security.

In 2022 alone, Riverview Credit Union demonstrated its commitment to growth and service by opening 17 new deposit accounts. This reflects not just a dedication to expanding member services, but also an ongoing effort to enhance member satisfaction and community engagement. Riverview Credit Union’s mission centers around ensuring that its financial offerings remain accessible and beneficial to all members, empowering individuals to manage their finances effectively and responsibly. The credit union's impact is characterized by its emphasis on member service, safety of assets, and a commitment to enhancing the community’s financial health.




This information is meant to be a general summary of Riverview 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.

Revenue
$356,408 (2022)
Expenses
$307,209 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,209
  • Program Service Revenue: $334,821
  • Gross Receipts: $356,408

Assets and Liabilities:

  • Total Assets: $7,759,280
  • Total Liabilities: $6,578,327
  • Net Assets: $1,180,953

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INTEREST ON LOANS

Revenue

$263,873

OTHER MEMBER RELATED INCOME

Revenue

$51,915

MEMBER FEE REVENUE

Revenue

$19,033

Organization Details

Founding Year

1931

Principal Officer

Julia Havens

Main Address

115 HARDMAN AVE SOUTH, SOUTH SAINT PAUL, MN, 55075

NTEE Category

Code: W60 - Public benefit

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