Overview
What is Western Cooperative Credit Union?
Western Cooperative Credit Union is a community-focused credit union based in Williston, North Dakota. To become a member, individuals or businesses must reside within a specific radius of Williston, Dickinson, Hebron, Beach, Ray, or Glen Ullin. Membership is also extended to family members, including spouses, children, parents, siblings, grandparents, grandchildren, stepparents, stepsiblings, and adoptive relationships. Once a person becomes a member, their membership continues until they choose to close their account. The credit union aims to provide financial benefits to its members by offering cost-effective financial services and education consistent with cooperative principles, prudent management, and maintaining a strong community presence. The organization employs approximately 120 people.
Official website here: www.wccu.org
Is Western Cooperative Credit Union legitimate?
Western Cooperative Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Western Cooperative 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: $608,973
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,234,267
For more financial information, click here
Official website here: www.wccu.org
What is the mission statement of Western Cooperative Credit Union?
The Western Cooperative Credit Union is dedicated to enhancing the financial wellbeing of its members. Its mission is geared towards maximizing member benefits through affordable financial services, cooperative principles, prudent management, and maintaining a strong community presence. The credit union's commitment to its members extends to their families, making eligibility accessible to spouses, children, parents, siblings, grandparents, grandchildren, stepparents, stepsiblings, and adoptive relationships. Upon becoming a member, the membership continues until the account is closed.
Official website here: www.wccu.org
Who is the CEO of Western Cooperative Credit Union?
Melanie Stillwell is the Chairman of Western Cooperative Credit Union. The CEO's salary of Western Cooperative Credit Union is $398,397 and their total compensation is $450,580.
Official website here: www.wccu.org
What is the revenue of Western Cooperative Credit Union?
Western Cooperative Credit Union's revenue in 2022 was $16,661,044.
Official website here: www.wccu.org
Who are the executives of Western Cooperative Credit Union and what are their salaries?
The average compensation at Western Cooperative Credit Union during 2022 was $48,694. There are 120 employees and 8 volunteers at Western Cooperative Credit Union.
Here are 12 key members and their salaries (Western Cooperative Credit Union's CEO's salary is $398,397 and their total compensation is $450,580):
- Compensation: $5,200
- Related: $0
- Other: $0
- Compensation: $5,200
- Related: $0
- Other: $0
- Compensation: $5,200
- Related: $0
- Other: $0
- Compensation: $4,800
- Related: $0
- Other: $0
- Compensation: $5,200
- Related: $0
- Other: $0
- Compensation: $398,397
- Related: $0
- Other: $52,183
- Compensation: $210,576
- Related: $0
- Other: $40,549
- Compensation: $137,347
- Related: $0
- Other: $14,424
- Compensation: $126,057
- Related: $0
- Other: $28,444
- Compensation: $103,084
- Related: $0
- Other: $6,035
- Compensation: $100,594
- Related: $0
- Other: $14,129
- Compensation: $104,381
- Related: $0
- Other: $34,080
Official website here: www.wccu.org
Where can I find the form 990 for Western Cooperative Credit Union?
Western Cooperative Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wccu.org
Learn more at the official website: www.wccu.org
Mission Statement of Western Cooperative Credit Union
Western Cooperative Credit Union, a community-chartered credit union, is dedicated to maximizing financial benefits for its members. The organization's purpose is threefold: to offer cost-effective financial services, provide education in line with cooperative principles, and manage funds prudently. WCCU's strong commitment to its members extends beyond financial services. It also aims to maintain a robust presence in the communities it serves.
To be eligible for membership, an individual or business must reside or operate within WCCU's field of membership, which includes areas around Williston, Dickinson, Hebron, Beach, Glen Ullin, and Ray in North Dakota. Family members, including spouses, children, stepchildren, parents, siblings, grandparents, grandchildren, stepparents, stepsiblings, and adoptive relationships, are also welcome to join. Once a person becomes a member, their membership continues until they choose to close their account.
Western Cooperative Credit Union's mission is to create value for its members by providing affordable financial services and promoting financial literacy through educational programs. The credit union's operations are guided by cooperative principles, ensuring that it prioritizes the needs of its members above all else. By maintaining a strong presence in the communities it serves, WCCU fosters lasting relationships and contributes to the overall economic development of the region.
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Impact
October, 2024
Western Cooperative Credit Union (WCCU) significantly impacts its members and local communities by prioritizing financial benefits through accessible and cost-effective services. Its mission focuses on maximizing member advantages, which translates into essential financial products tailored to meet the diverse needs of individuals and businesses within a 75-mile radius of Williston, ND, and other nearby areas.
By fostering a cooperative environment, WCCU emphasizes financial education, ensuring that members are informed and empowered in their financial decisions. The credit union's prudent management and dedication to community presence further enhance this impact, allowing for sustainable growth and support initiatives that directly benefit its members.
Moreover, WCCU's inclusive membership policy enables families of existing members to join, creating a strong network of support within the community. This commitment fosters not only individual financial stability but also strengthens the social fabric of the areas served, reinforcing the cooperative's role as a vital community resource.
This information is meant to be a general summary of Western Cooperative 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: $3,459,015
- Program Service Revenue: $12,630,429
- Gross Receipts: $16,661,044
Assets and Liabilities:
- Total Assets: $446,507,146
- Total Liabilities: $415,698,354
- Net Assets: $30,808,792
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOANS TO MEMBERS
Revenue
$8,689,010
MISCELLANEOUS OPERATING INCOME
Revenue
$3,040,056
FEES AND CHARGES
Revenue
$901,363
Organization Details
Founding Year
1937
Phone
(701) 572-4000Principal Officer
Melanie Stillwell
Main Address
1300 BISON DRIVE PO BOX 2237, WILLISTON, ND, 588022237
Website
www.wccu.orgNTEE Category
Code: W60 - Public benefit
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