Capital Credit Union

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

EIN: 450226724 ✦ Bismarck, ND ✦ Designated as a 501(c)(14)

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Overview

What is Capital Credit Union?

Capital Credit Union, located at 204 W Thayer Ave in Bismarck, North Dakota (58501), is a credit union dedicated to serving its 30,942 members with a focus on putting them first. With a mission to be the trusted financial resource for its members, Capital Credit Union offers various products and services, such as loans, savings and checking accounts, certificates of deposit, card and digital services, and more. The organization, employing 199 individuals, aims to be the best choice for financial services in their market.


Official website here: www.capcu.org

Is Capital Credit Union legitimate?

Capital Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Capital 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: $2,798,946
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,136,924

For more financial information, click here


Official website here: www.capcu.org

What is the mission statement of Capital Credit Union?

Capital Credit Union positions itself as a trusted financial resource prioritizing its members' needs. Its mission is to put members first and be the top choice for financial services in the market. The credit union offers a range of products such as loans, savings and checking accounts, certificates of deposit, and card and digital services to cater to its members' financial requirements.


Official website here: www.capcu.org

Who is the CEO of Capital Credit Union?

Ryan Monson is the Chief Financial Officer of Capital Credit Union. The CEO's salary of Capital Credit Union is $476,715 and their total compensation is $524,250.


Official website here: www.capcu.org

What is the revenue of Capital Credit Union?

Capital Credit Union's revenue in 2022 was $32,810,003.


Official website here: www.capcu.org

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

The average compensation at Capital Credit Union during 2022 was $49,929. There are 199 employees and 9 volunteers at Capital Credit Union.


Here are 26 key members and their salaries (Capital Credit Union's CEO's salary is $476,715 and their total compensation is $524,250):


Vance Reinbold (President Ceo)
  • Compensation: $476,715
  • Related: $0
  • Other: $47,535
Bradley Shetler (Bismarck-Mandan Market President)
  • Compensation: $282,352
  • Related: $0
  • Other: $39,413
Joshua Hahn (Business Loan Officer)
  • Compensation: $269,521
  • Related: $0
  • Other: $23,308
Scott Bullinger (Mlo - Business Development Specialist)
  • Compensation: $222,038
  • Related: $0
  • Other: $40,653
Jonathan Griffin (Chief Lending Officer)
  • Compensation: $219,913
  • Related: $0
  • Other: $25,374
Keith Mantz (Chief Retail Officer)
  • Compensation: $212,236
  • Related: $0
  • Other: $26,167
Douglas Lee (Market President - East Region)
  • Compensation: $218,473
  • Related: $0
  • Other: $16,746
Kurt Schmidt (Chief Information Officer)
  • Compensation: $192,602
  • Related: $0
  • Other: $14,533
Kevin Kragnes (Market President - East Region)
  • Compensation: $167,001
  • Related: $0
  • Other: $14,409
Kathleen Stoppler (Mlo - Underwriting)
  • Compensation: $154,163
  • Related: $0
  • Other: $21,652
Dustin Bitz (Vp Of Member Services)
  • Compensation: $145,080
  • Related: $0
  • Other: $30,715
Patricia Olson (Vp Of Human Resources)
  • Compensation: $141,738
  • Related: $0
  • Other: $33,341
Ryan Monson (Chief Financial Officer)
  • Compensation: $161,412
  • Related: $0
  • Other: $13,578
Kacie Iglehart (Business Loan Officer)
  • Compensation: $131,963
  • Related: $0
  • Other: $33,592
Sean Smith (Vp Of Legal Risk Management)
  • Compensation: $146,545
  • Related: $0
  • Other: $11,343
Jillian Lagasse (Vp Of Marketing)
  • Compensation: $118,280
  • Related: $0
  • Other: $33,918
Nanette Fort (Mortgage Underwriter)
  • Compensation: $126,632
  • Related: $0
  • Other: $25,216
Jay Buringrud (Board Member)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Lance Gaebe (Board Member)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Kevin Schoenborn (Board Member)
  • Compensation: $1,542
  • Related: $0
  • Other: $0
Marlina Walth (Board Member)
  • Compensation: $1,450
  • Related: $0
  • Other: $0
Stephen Vaughan (Board Member)
  • Compensation: $535
  • Related: $0
  • Other: $0
Faye Miller (Board Member)
  • Compensation: $500
  • Related: $0
  • Other: $0
Shawn Deisz (Board Member)
  • Compensation: $500
  • Related: $0
  • Other: $0
Michael Gunsch (Board Member)
  • Compensation: $500
  • Related: $0
  • Other: $0
Ken Geiger (Board Member)
  • Compensation: $500
  • Related: $0
  • Other: $0


Official website here: www.capcu.org

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

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


Official website here: www.capcu.org

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

Mission Statement of Capital Credit Union

Capital Credit Union, with its mission to put members first, strives to be the trusted financial resource for its members. This credit union's primary goal is to prioritize its members' needs and offer them the best financial services available in the market. The institution serves a membership base of 30,942 individuals, and its program objectives reflect its commitment to putting members first.

Capital Credit Union provides an array of financial products and services tailored to its members' needs. These offerings include loans, savings and checking accounts, certificates of deposit, and card and digital services. By offering these varied financial solutions, the credit union aims to be the go-to choice for its members when it comes to managing their money. The institution's dedication to its members is evident in its mission to be the trusted financial partner that prioritizes their financial well-being.

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Impact




October, 2024

Capital Credit Union plays a vital role in the financial well-being of its community by prioritizing its members' needs and offering a range of financial products and services designed to enhance their financial stability. With a membership base of over 30,000 individuals, this institution is committed to being a trusted financial resource that puts its members first.

It provides a diverse array of offerings including loans, savings and checking accounts, certificates of deposit, and innovative digital services. This variety ensures that members have access to the financial tools they need to thrive. By fostering financial literacy and responsible banking practices, Capital Credit Union empowers its members to make informed decisions about their finances, ultimately contributing to the overall economic health of the Bismarck area and beyond.

Through its dedicated service and community-oriented approach, Capital Credit Union stands out as a key player in promoting financial well-being and public benefit in North Dakota.




This information is meant to be a general summary of Capital 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
$32,810,003 (2022)
Expenses
$25,814,938 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $461,199
  • Program Service Revenue: $31,411,689
  • Gross Receipts: $44,554,792

Assets and Liabilities:

  • Total Assets: $724,151,270
  • Total Liabilities: $643,185,799
  • Net Assets: $80,965,471

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Programs

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

LOAN INTEREST INCOME

Revenue

$23,694,911

FEES INTERCHANGE INCOME

Revenue

$5,225,334

MORTGAGE LENDING FEES

Revenue

$2,491,444

Organization Details

Founding Year

1936

Principal Officer

Ryan Monson

Main Address

204 W THAYER AVE, BISMARCK, ND, 585013772

NTEE Category

Code: W60 - Public benefit

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