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El Reno Ril Credit Union

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

EIN: 730228850 ✦ El reno, OK ✦ Designated as a 501(c)(14)

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Overview

What is El Reno Ril Credit Union?

El Reno Ril Credit Union is a financial institution based in El Reno, Oklahoma, specifically located at 320 S Rock Island, offering a range of financial services to its members. Established to cater to individuals who live, work, attend school, or worship in certain Oklahoma counties, the credit union provides checking and savings accounts, as well as various loan products. The organization's mission is to meet members' financial needs efficiently while maintaining financial stability through quality service at competitive rates. With a team of 15 dedicated employees, El Reno Ril Credit Union is committed to serving its community by offering reliable financial solutions.


Official website here: www.rockislandcu.com

Is El Reno Ril Credit Union legitimate?

El Reno Ril Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. El Reno Ril 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: $114,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $237,532

For more financial information, click here


Official website here: www.rockislandcu.com

What is the mission statement of El Reno Ril Credit Union?

El Reno Ril Credit Union's mission is centered around meeting the financial needs of its members. This is achieved through providing quality service at a reasonable cost while ensuring financial stability. The credit union offers a variety of financial services, including checking and savings accounts, as well as loan products. Its mission prioritizes serving members who reside, work, attend school, or worship in specific Oklahoma counties.


Official website here: www.rockislandcu.com

Who is the CEO of El Reno Ril Credit Union?

Robert Mccray is the Board Chair of El Reno Ril Credit Union. The CEO's salary of El Reno Ril Credit Union is $36,965 and their total compensation is $36,965.


Official website here: www.rockislandcu.com

What is the revenue of El Reno Ril Credit Union?

El Reno Ril Credit Union's revenue in 2022 was $1,137,857.


Official website here: www.rockislandcu.com

Who are the executives of El Reno Ril Credit Union and what are their salaries?

The average compensation at El Reno Ril Credit Union during 2022 was $23,462. There are 15 employees and 7 volunteers at El Reno Ril Credit Union.


Here are 9 key members and their salaries (El Reno Ril Credit Union's CEO's salary is $36,965 and their total compensation is $36,965):


Robert Mccray (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill K Nazum (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wesley Brower (Board Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Liticker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Garland Delk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Howeth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Griselda Spencer (President/Ceo)
  • Compensation: $36,965
  • Related: $0
  • Other: $0
Sherry Davis (Assistant Manager)
  • Compensation: $63,884
  • Related: $0
  • Other: $13,556


Official website here: www.rockislandcu.com

Where can I find the form 990 for El Reno Ril Credit Union?

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


Official website here: www.rockislandcu.com

Learn more at the official website: www.rockislandcu.com

Mission Statement of El Reno Ril Credit Union

El Reno Ril Credit Union, as a financial institution, is committed to fulfilling the financial needs of its members. This mission is accomplished by providing high-quality service at the most reasonable value. The credit union strives to maintain financial stability while catering to the financial requirements of its members who reside, work, attend school, or worship in specific Oklahoma counties including Canadian, Oklahoma, Cleveland, Logan, Lincoln, McClain, and Grady. The credit union's offerings encompass a variety of products such as checking accounts, savings accounts, and loan services, ensuring it meets the diverse financial needs of its members effectively.

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Impact




October, 2024

El Reno Ril Credit Union significantly impacts its community by providing essential financial services tailored to the needs of its members. Serving individuals who live, work, attend school, or worship in Canadian, Oklahoma, Cleveland, Logan, Lincoln, McClain, and Grady counties, the credit union fosters financial stability and growth among its members.

By offering checking and savings accounts, as well as various loan products, El Reno Ril supports the financial well-being of its members. This accessibility enables individuals and families to manage their finances effectively, save for future needs, and invest in opportunities like education or home purchases.

The credit union’s commitment to quality service ensures that members receive personalized attention and support, further enhancing their financial literacy and capabilities. With its focus on maintaining financial stability while providing value, El Reno Ril Credit Union plays a crucial role in promoting economic resilience within the communities it serves.




This information is meant to be a general summary of El Reno Ril 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
$1,137,857 (2022)
Expenses
$1,173,335 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $418,094
  • Program Service Revenue: $436,020
  • Gross Receipts: $1,137,857

Assets and Liabilities:

  • Total Assets: $45,921,471
  • Total Liabilities: $41,396,493
  • Net Assets: $4,524,978

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Programs

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

INCOME FROM LOANS

Revenue

$436,020

Organization Details

Founding Year

1934

Principal Officer

Robert Mccray

Main Address

320 S ROCK ISLAND, EL RENO, OK, 73036

NTEE Category

Code: W610 - Public benefit

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