Whitefish Credit Union Association

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

EIN: 810208730 ✦ Whitefish, MT ✦ Designated as a 501(c)(14)

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Overview

What is Whitefish Credit Union Association?

Whitefish Credit Union Association is a nonprofit financial institution located in Whitefish, Montana. The organization, with 266 employees, offers savings and loan services to eligible members residing in specific Montana counties, including Flathead, Lake, Lincoln, Sanders, Broadwater, Gallatin, Lewis and Clark, Missoula, and Ravalli, as well as those within a 50-mile radius of Whitefish. By providing loans and savings opportunities, Whitefish Credit Union Association aims to deliver favorable returns at reasonable rates to its members.


Official website here: www.whitefishcu.com

Is Whitefish Credit Union Association legitimate?

Whitefish Credit Union Association is a legitimate nonprofit organization registered as a 501(c)(14) entity. Whitefish Credit Union Association 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: $3,617,327
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,852,143

For more financial information, click here


Official website here: www.whitefishcu.com

What is the mission statement of Whitefish Credit Union Association?

The Whitefish Credit Union Association operates with a mission to offer competitive returns on savings and loans to eligible members. They prioritize providing financial services at reasonable rates. The membership base is limited to individuals living in select Montana counties and within a 50-mile radius of Whitefish. The association's goal is to enhance the financial well-being of its members and contribute positively to their financial journey. By offering loans and savings, they aim to help members effectively manage their finances and reach their financial goals. The Credit Union Association's commitment to its members extends beyond just financial services, as it strives to create a favorable experience and build strong financial futures.


Official website here: www.whitefishcu.com

Who is the CEO of Whitefish Credit Union Association?

James Kenyon is the CEO of Whitefish Credit Union Association The CEO's salary of Whitefish Credit Union Association is $1,279,825 and their total compensation is $1,633,244.


Official website here: www.whitefishcu.com

What is the revenue of Whitefish Credit Union Association?

Whitefish Credit Union Association's revenue in 2023 was $84,848,930.


Official website here: www.whitefishcu.com

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

The average compensation at Whitefish Credit Union Association during 2023 was $63,399. There are 244 employees and 12 volunteers at Whitefish Credit Union Association.

Here are 22 key members and their salaries (Whitefish Credit Union Association's CEO's salary is $1,279,825 and their total compensation is $1,633,244):


Frank Barnes (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Brown (Board Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Tracy (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyle Phillips (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Cullen (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Kahle (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Garner (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer D Archer (Svp Of Loan Operations)
  • Compensation: $178,251
  • Related: $0
  • Other: $8,065
Scott Bolster (Svp And Chief Financial Of)
  • Compensation: $328,408
  • Related: $0
  • Other: $61,662
Cory J Coopman (Svp Of It And Project Mana)
  • Compensation: $204,195
  • Related: $0
  • Other: $10,905
Stephen W Haugen (Svp And Chief Information)
  • Compensation: $249,242
  • Related: $0
  • Other: $61,581
James Kenyon (President And Ceo)
  • Compensation: $1,279,825
  • Related: $0
  • Other: $353,419
Colleen M Murphy (Svp And Chief Operating Of)
  • Compensation: $235,259
  • Related: $0
  • Other: $59,235
Matthew Venturini (Svp Of Lending)
  • Compensation: $204,258
  • Related: $0
  • Other: $10,573
Joshua S Wilson (Svp Of Marketing)
  • Compensation: $172,365
  • Related: $0
  • Other: $10,121
Cheryl Mintz (Svp Of Human Resources)
  • Compensation: $179,569
  • Related: $0
  • Other: $10,362
Timothy Gaertner (Vp, Mortgage Loan Manager)
  • Compensation: $151,105
  • Related: $0
  • Other: $9,162
Tobin Shannon (Commercial Loan Manager)
  • Compensation: $143,714
  • Related: $0
  • Other: $5,064
Kelly S St Onge (Vp, Commercial Loan Office)
  • Compensation: $192,762
  • Related: $0
  • Other: $9,407
Barbara Strouse (Vp, Mortgage Loan Manager)
  • Compensation: $143,337
  • Related: $0
  • Other: $3,262
Molly Drollinger (Vp, Controller)
  • Compensation: $141,324
  • Related: $0
  • Other: $4,855
Michael T Blubaugh (Inv. Officer (Former Cfo))
  • Compensation: $127,306
  • Related: $0
  • Other: $7,970


Official website here: www.whitefishcu.com

Where can I find the form 990 for Whitefish Credit Union Association?

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


Official website here: www.whitefishcu.com

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

Mission Statement of Whitefish Credit Union Association

Whitefish Credit Union Association, a member-driven organization, is dedicated to providing favorable returns on savings and loans to eligible individuals. By doing so, the Credit Union aims to make a positive impact on the lives of its members.

With a focus on community, Whitefish Credit Union Association offers financial services that cater to the needs of its members. The organization's mission is to provide accessible savings and loan opportunities at reasonable rates. Membership is restricted to residents in Montana counties of Flathead, Lake, Lincoln, Sanders, Broadwater, Gallatin, Lewis and Clark, Missoula and Ravalli, and those living within a 50-mile radius of Whitefish, Montana.

Whitefish Credit Union Association prides itself on its commitment to its members. By offering savings and loan opportunities with favorable returns, the organization helps its members build a strong financial foundation. Whether it's saving for the future or obtaining a loan to cover unexpected expenses, Whitefish Credit Union Association is there to support its members every step of the way.

In practice, the Credit Union's mission translates to providing a range of financial services, including savings accounts, loans for various purposes, and other member benefits. The organization's dedication to its members' financial well-being sets it apart, making it an indispensable resource for those within its membership.

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Impact




October, 2024

Whitefish Credit Union Association plays a vital role in the financial well-being of its members by providing access to loans and savings opportunities at reasonable rates. By focusing on offering a favorable return on savings and loans, the association helps its members achieve their financial goals.

Membership is primarily available to individuals residing in several Montana counties, fostering a strong sense of community involvement and support. The association's services contribute to the local economy by enabling members to invest in homes, cars, and other essential needs. Its impact is seen through enhanced financial stability and growth for its members, ultimately promoting a healthier financial landscape in the region.




This information is meant to be a general summary of Whitefish Credit Union Association. 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
$84,848,930 (2023)
Expenses
$84,551,914 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $26,205,943
  • Program Service Revenue: $58,609,514
  • Gross Receipts: $85,133,390

Assets and Liabilities:

  • Total Assets: $2,160,572,373
  • Total Liabilities: $2,029,994,446
  • Net Assets: $130,577,927

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Programs

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

LOAN INTEREST

Revenue

$56,117,249

CARD INTERCHANGE FEES

Revenue

$1,274,306

FEE SERVICE INCOME

Revenue

$1,217,959

Organization Details

Founding Year

1934

Principal Officer

James Kenyon

NTEE Category

Code: W60 - Public benefit

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