Premier Credit Union

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

EIN: 420127275 ✦ Des moines, IA ✦ Designated as a 501(c)(14)

Overview

What is Premier Credit Union?

Premier Credit Union, based in Des Moines, Iowa, is a state-chartered financial institution and credit union, led by Steve Flamm. As a credit union, it is a member-owned cooperative, providing financial services to its members. Premier Credit Union's mission is to serve its community, offering various financial products and services to its members.


Official website here: www.premiercu.org

Is Premier Credit Union legitimate?

Premier Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Premier 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $266,023
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,470,812

For more financial information, click here


Official website here: www.premiercu.org

What is the mission statement of Premier Credit Union?

Premier Credit Union functions as a state-chartered financial institution and credit union, dedicated to providing financial services to its members. The organization's mission is centered around serving its community by offering financial products and solutions. Through its operations, it aims to contribute to the financial well-being of its clientele. The credit union is committed to delivering high-quality financial services, ensuring that its members have access to various banking and credit options. Additionally, it prioritizes the development of strong relationships with its members, fostering a sense of community and trust.


Official website here: www.premiercu.org

Who is the CEO of Premier Credit Union?

Megan Tjernagel is the Ceo of Premier Credit Union. The CEO's salary of Premier Credit Union is $185,028 and their total compensation is $192,117.


Official website here: www.premiercu.org

What is the revenue of Premier Credit Union?

Premier Credit Union's revenue in 2022 was $12,588,447.


Official website here: www.premiercu.org

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

The average compensation at Premier Credit Union during 2022 was $52,631. There are 52 employees and 11 volunteers at Premier Credit Union.

Here are 20 key members and their salaries (Premier Credit Union's CEO's salary is $185,028 and their total compensation is $192,117):

    Megan Tjernagel (Ceo)
  • Compensation: $96,154
  • Related: $144,271
  • Other: $9,323

    • Mark Piper (Mortgage Loa)
  • Compensation: $0
  • Related: $231,907
  • Other: $10,426

    • Sheila Strand (Mortgage Loa)
  • Compensation: $0
  • Related: $226,430
  • Other: $8,003

    • Steve Flamm (Ceo)
  • Compensation: $185,028
  • Related: $0
  • Other: $7,089

    • Jill Greene Mathew (Exec Vp)
  • Compensation: $159,651
  • Related: $0
  • Other: $6,526

    • Sam Rizzuti (Cfo)
  • Compensation: $0
  • Related: $150,459
  • Other: $6,087

    • Brook Hermann (Mortgage Loa)
  • Compensation: $0
  • Related: $136,115
  • Other: $5,445

    • Andy Happ (Vp Lending)
  • Compensation: $115,481
  • Related: $0
  • Other: $4,738

    • Diane Futer (Svp Finance)
  • Compensation: $113,472
  • Related: $0
  • Other: $4,757

    • Brooke Avila (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Bachman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesse Bawek (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deanna Bennigsdorf (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cody Cumes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betsy Jepsen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Klein (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Mendenhall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Ward (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Young (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darin Zahn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.premiercu.org

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

    The Premier Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.premiercu.org

    Learn more at the official website: www.premiercu.org

    Mission Statement of Premier Credit Union

    Premier Credit Union, a state-chartered financial institution and credit union, is dedicated to providing financial services to its members. Based in Iowa, this credit union is helmed by Steve Flamm. The organization prides itself on being a trusted financial partner, offering various financial products and services to its members.

    At its core, Premier Credit Union is committed to delivering financial solutions tailored to the unique needs of its members. By maintaining a member-owned structure, it ensures that its decisions are driven by the best interests of those it serves. This member-focused approach sets Premier Credit Union apart in the financial sector.

    As a state-chartered credit union, Premier Credit Union is subjected to the same regulatory requirements as other financial institutions, ensuring its financial stability and security. The credit union's mission is to empower its members to achieve their financial goals through accessible, affordable, and convenient financial services. With a strong emphasis on member satisfaction, Premier Credit Union continually strives to exceed expectations and make a positive impact in the lives of its members.

    Impact

    This information is meant to be a general summary of Premier Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Premier Credit Union has a significant impact on the Des Moines community by providing essential financial services to individuals and businesses. With a focus on promoting financial well-being and stability, Premier Credit Union offers affordable banking solutions and supports the economic growth of the region. Through its commitment to serving the public benefit, Premier Credit Union plays a vital role in improving the overall financial health and prosperity of its members.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $194,721
  • Program Service Revenue: $12,393,726
  • Gross Receipts: $12,588,447

    • Assets and Liabilities:
  • Total Assets: $287,063,539
  • Total Liabilities: $262,652,095
  • Net Assets: $24,411,444
  • Programs

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

    INTEREST ON LOANS

    Revenue

    $9,165,455

    MISCELLANEOUS INCOME

    Revenue

    $2,198,992

    FEE INCOME

    Revenue

    $1,029,279

    Organization Details

    Founding Year

    1933

    Principal Officer

    Megan Tjernagel

    Main Address

    800 9TH STREET, DES MOINES, IA, 503091202

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Premier 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.