West Community Credit Union

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

EIN: 430603999 ✦ Ofallon, MO ✦ Designated as a 501(c)(14)

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Overview

What is West Community Credit Union?

West Community Credit Union is a financial institution based on the mission to serve its members by managing their deposits, extending loans, and investing excess funds responsibly. With a strong commitment to its community, the credit union offers essential credit union services.


Official website here: www.westcommunitycu.org

Is West Community Credit Union legitimate?

West Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. West Community 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: $1,653,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,003,570

For more financial information, click here


Official website here: www.westcommunitycu.org

What is the mission statement of West Community Credit Union?

West Community Credit Union is committed to delivering credit union services to its members. They accomplish this by collecting deposits, approving loans, and investing excess funds in a prudent manner. The credit union's primary goal is to provide these financial services to its members effectively and responsibly. By accepting deposits, the credit union offers a safe place for members to save their money. In turn, the credit union utilizes these deposits to grant loans, helping members achieve their financial goals. Additionally, any excess funds are carefully invested to generate returns and ensure the long-term financial stability of the credit union.


Official website here: www.westcommunitycu.org

Who is the CEO of West Community Credit Union?

Jason Peach is the CEO of West Community Credit Union The CEO's salary of West Community Credit Union is $376,613 and their total compensation is $440,687.


Official website here: www.westcommunitycu.org

What is the revenue of West Community Credit Union?

West Community Credit Union's revenue in 2023 was $31,895,528.


Official website here: www.westcommunitycu.org

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

The average compensation at West Community Credit Union during 2023 was $56,215. There are 154 employees and 9 volunteers at West Community Credit Union.

Here are 21 key members and their salaries (West Community Credit Union's CEO's salary is $376,613 and their total compensation is $440,687):


Michael Murphy (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Krapu (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Vanderhoef (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Abbott (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trinetta Taylor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Long (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Dunnegan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leah Petras (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Geringer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Peach (President/Ceo)
  • Compensation: $376,613
  • Related: $0
  • Other: $64,074
Melissa Green (Cfo)
  • Compensation: $172,542
  • Related: $0
  • Other: $38,130
Kathy Gahr (Vp - Branch Management)
  • Compensation: $174,138
  • Related: $0
  • Other: $19,107
Koren Greubel (Vp - Marketing & Digital Engagement)
  • Compensation: $174,655
  • Related: $0
  • Other: $19,951
William Mcfarland (Vp - Information Technology)
  • Compensation: $174,747
  • Related: $0
  • Other: $35,749
Dennis Mcgrane (Vp - Lending)
  • Compensation: $169,688
  • Related: $0
  • Other: $31,406
Lorene Meyer (Vp - Organizational Strategy & Performance)
  • Compensation: $174,112
  • Related: $0
  • Other: $28,649
Richard Dillard (Avp - Commercial Lending)
  • Compensation: $147,718
  • Related: $0
  • Other: $30,635
Austin Flynn (Avp - Core Systems)
  • Compensation: $164,365
  • Related: $0
  • Other: $12,824
James Guilford (Avp - Branch Managemente)
  • Compensation: $120,455
  • Related: $0
  • Other: $31,513
Shannon Johnson (Avp - Digital Engagement)
  • Compensation: $154,767
  • Related: $0
  • Other: $14,896
Josh Rodriguez (Avp - Fintech & Mission Integration)
  • Compensation: $154,495
  • Related: $0
  • Other: $14,566


Official website here: www.westcommunitycu.org

Where can I find the form 990 for West Community Credit Union?

West Community Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.westcommunitycu.org

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

Mission Statement of West Community Credit Union

West Community Credit Union, a financial institution dedicated to its members, is committed to providing credit union services by accepting deposits, granting loans, and investing excess funds in a responsible manner. The mission of this credit union is geared towards empowering its members with financial solutions and opportunities to improve their financial well-being.

By accepting deposits, West Community Credit Union ensures that its members have a safe and secure place to save their money. The credit union's primary focus on granting loans enables members to access affordable financing for various needs, such as purchasing a car or home, or making important home improvements. Furthermore, the responsible investment of excess funds is a testament to the credit union's commitment to the long-term financial stability and growth of its members and the credit union itself.

West Community Credit Union's dedication to its members goes beyond traditional financial services. It strives to build strong, long-lasting relationships with each member, ensuring they receive personalized attention and support to help them make informed financial decisions. This member-centric approach, coupled with the credit union's commitment to responsible financial practices, makes West Community Credit Union an invaluable resource for its members on their financial journey.

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Impact




October, 2024

West Community Credit Union emphasizes financial empowerment by offering essential credit union services to its members. Based in O'Fallon, Missouri, the credit union accepts deposits and provides loans, enabling individuals and families to achieve their financial goals. The institution focuses on responsible investment of excess funds, promoting economic stability within the community. By prioritizing the needs of its members, West Community underscores its commitment to fostering financial well-being, ultimately contributing to the overall prosperity of the area it serves.




This information is meant to be a general summary of West Community 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
$31,895,528 (2023)
Expenses
$28,750,269 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,225,623
  • Program Service Revenue: $28,368,777
  • Gross Receipts: $32,023,717

Assets and Liabilities:

  • Total Assets: $433,121,136
  • Total Liabilities: $403,982,083
  • Net Assets: $29,139,053

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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

$21,994,755

FEES & OTHER INCOME

Revenue

$6,350,403

WARRANTY SALES

Revenue

$23,619

Organization Details

Founding Year

1936

Principal Officer

Jason Peach

NTEE Category

Code: W60 - Public benefit

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