River Region Credit Union

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

EIN: 440623480 ✦ Jefferson city, MO ✦ Designated as a 501(c)(14)

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Overview

What is River Region Credit Union?

River Region Credit Union is a nonprofit financial institution located at 3124 West Edgewood Drive in Jefferson City, Missouri (65109). With a team of 106 employees, this credit union caters to 28,780 members, offering them top-notch financial services. Their mission is to not only enhance the financial well-being of their members but also maintain the financial strength of the credit union. By providing high-quality financial services, River Region Credit Union ensures its members' financial stability.


Official website here: www.rrcu.org

What do the Facebook reviews say about River Region Credit Union?

3 reviews on Facebook indicate a positive sentiment towards River Region Credit Union. Here’s what the reviewers are saying:

The organization is praised for having a professional and kind staff who are actively involved in the community. Users appreciate the caring nature of the team, which contributes to a positive atmosphere. Overall, the Credit Union seems to impress its members with commendable service and community engagement, suggesting it is a trusted choice in the area.


This AI summary has been generated from reviews found on Facebook.

Is River Region Credit Union legitimate?

River Region Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. River Region 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: $1,988,916
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,800,729

For more financial information, click here


Official website here: www.rrcu.org

What is the mission statement of River Region Credit Union?

The River Region Credit Union is dedicated to delivering top-tier financial services to its members, prioritizing their financial health and well-being. By maintaining the credit union's financial strength, this commitment ensures a sustainable and reliable experience for its 28,780 members. The institution offers a range of financial and financially related services designed to meet the diverse needs of its clientele. Through its unwavering dedication to quality and service, the River Region Credit Union enhances the financial lives of its members while preserving the financial stability of the cooperative.


Official website here: www.rrcu.org

Who is the CEO of River Region Credit Union?

Richard Nichols is the Chairman of River Region Credit Union. The CEO's salary of River Region Credit Union is $527,963 and their total compensation is $730,415.


Official website here: www.rrcu.org

What is the revenue of River Region Credit Union?

River Region Credit Union's revenue in 2022 was $21,397,090.


Official website here: www.rrcu.org

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

The average compensation at River Region Credit Union during 2022 was $54,619. There are 106 employees and 16 volunteers at River Region Credit Union.


Here are 23 key members and their salaries (River Region Credit Union's CEO's salary is $527,963 and their total compensation is $730,415):


Kevin Robinson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen Floyd (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Ferguson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Leuckel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Borengasser (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Coffey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dianna Silvester (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Busch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Newman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Thieret (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Nichols (President/Ceo)
  • Compensation: $527,963
  • Related: $0
  • Other: $202,452
Galen Wilhoit (Evp/Chief Financial Officer)
  • Compensation: $230,562
  • Related: $0
  • Other: $31,380
Louie Delk (Chief Member Experience Officer)
  • Compensation: $191,371
  • Related: $0
  • Other: $41,607
Ange Daiprai (Vice President-Operations)
  • Compensation: $99,247
  • Related: $0
  • Other: $22,301
Dana Alderman (Vice President-Business Development)
  • Compensation: $83,748
  • Related: $0
  • Other: $17,578
Donna Toebben (Vice President-Human Resources)
  • Compensation: $91,146
  • Related: $0
  • Other: $29,219
Dave Miller (Vice President-Residential Lending)
  • Compensation: $102,758
  • Related: $0
  • Other: $15,568
Randy Burhans (Vice President-Information Technology (Term))
  • Compensation: $42,113
  • Related: $0
  • Other: $15,855
Lisa Wolken (Vice President-Real Estate Loan Origination)
  • Compensation: $117,445
  • Related: $0
  • Other: $17,130
Jd Moore (Vice President-Information Technology)
  • Compensation: $71,022
  • Related: $0
  • Other: $10,105
Craig Dunn (Vice President-Real Estate Lending)
  • Compensation: $28,040
  • Related: $0
  • Other: $306
Will Lemen (Dealer Services Manager)
  • Compensation: $143,458
  • Related: $0
  • Other: $27,544


Official website here: www.rrcu.org

Where can I find the form 990 for River Region Credit Union?

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


Official website here: www.rrcu.org

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

Mission Statement of River Region Credit Union

River Region Credit Union, a leading financial institution, is dedicated to delivering top-notch financial services to its 28,780 members. By doing so, it strives to enhance their financial well-being and, in turn, maintains the financial robustness of the organization.

The mission of River Region Credit Union is multifaceted. It prioritizes providing exceptional financial services to its members, ensuring their financial health and stability. Simultaneously, the credit union works diligently to preserve its financial strength, enabling it to continue serving its members effectively and sustainably.

In essence, River Region Credit Union acts as a partner to its members, offering various financial and related services tailored to their unique needs. Its commitment extends beyond just transactions, as it values the financial well-being of each individual and family it serves. By focusing on both the individual and the collective financial health of its members, the credit union fosters financial security and independence.

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Impact




October, 2024

River Region Credit Union significantly impacts the community by delivering high-quality financial services that enhance the financial well-being of its 28,780 members. Located in Jefferson City, MO, it focuses on providing a range of financial and financially related services tailored to meet the needs of its members. By prioritizing the financial strength of the credit union, it ensures long-term stability and support for the community it serves. River Region Credit Union plays a vital role in empowering individuals and families to achieve their financial goals, ultimately contributing to the overall economic health of the region.




This information is meant to be a general summary of River Region 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
$21,397,090 (2022)
Expenses
$15,507,357 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $789,600
  • Program Service Revenue: $20,567,893
  • Gross Receipts: $21,397,090

Assets and Liabilities:

  • Total Assets: $454,310,727
  • Total Liabilities: $415,181,220
  • Net Assets: $39,129,507

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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

$15,248,807

FEES & OTHER INCOME

Revenue

$5,274,411

WARRANTY & OTHER INSURANCE

Revenue

$44,675

Organization Details

Founding Year

1954

Principal Officer

Richard Nichols

Main Address

3124 WEST EDGEWOOD DRIVE, JEFFERSON CITY, MO, 651096865

NTEE Category

Code: W60 - Public benefit

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