Overview
What is Lewis Clark Credit Union?
Lewis Clark Credit Union is a non-profit financial institution headquartered in Lewiston, Idaho. With a team of 50 employees, they offer various financial services such as savings accounts, checking accounts, money market accounts, certificates of deposit, and loans to their 19,049 members in North Idaho and Eastern Washington. As a Community Development Financial Institution (CDFI), they focus on extending affordable credit to underserved low-income areas. In addition to financial services, Lewis Clark Credit Union supports its community by awarding teacher grants, scholarships, and sponsorships to enhance the future of its members and the region. The credit union experienced significant growth in members, deposits, and loans throughout 2022, despite the challenges of the COVID-19 pandemic and historic interest rate increases. Their mission is to build long-term member relationships and help their members achieve financial success while maintaining ethical business practices.
Official website here: www.lewisclarkcu.org
Is Lewis Clark Credit Union legitimate?
Lewis Clark Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Lewis Clark 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $690,232
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,061,688
For more financial information, click here
What is the mission statement of Lewis Clark Credit Union?
Lewis Clark Credit Union is dedicated to being its members' preferred financial institution. It aims to foster long-term relationships with members while adhering to ethical business practices. The mission is to help members attain financial success. Beyond offering various financial services such as savings accounts, checking accounts, and loans, the credit union contributes to the community by granting scholarships, sponsorships, and teacher awards. Despite the challenges posed by the COVID-19 pandemic and the beginning of historic interest rate increases, the credit union continued to thrive in 2022, experiencing significant growth in assets and maintaining a strong regulatory net worth.
Official website here: www.lewisclarkcu.org
Who is the CEO of Lewis Clark Credit Union?
Trisha Baker is the Ceo of Lewis Clark Credit Union. The CEO's salary of Lewis Clark Credit Union is $299,728 and their total compensation is $421,477.
Official website here: www.lewisclarkcu.org
What is the revenue of Lewis Clark Credit Union?
Lewis Clark Credit Union's revenue in 2022 was $12,473,369.
Official website here: www.lewisclarkcu.org
Who are the executives of Lewis Clark Credit Union and what are their salaries?
The average compensation at Lewis Clark Credit Union during 2022 was $55,038. There are 50 employees and 7 volunteers at Lewis Clark Credit Union.
Here are 12 key members and their salaries (Lewis Clark Credit Union's CEO's salary is $299,728 and their total compensation is $421,477):
- Trisha Baker (Ceo)
- Mary Light (It Manager)
- Amanda Nixon (Vp Operations/Cfo)
- David Durrant (Vp Of Lending)
- Chad Smith (Vp Of Lending (Left Mid-Year))
- Sherri Kumm (Board Chair) [Trustee/Director]
- Katy Miller (Vice Chair) [Trustee/Director]
- Christina Metcalf (Secretary/Treasurer) [Trustee/Director]
- Susan Clark (Director)
- Gary Groff (Director)
- Rebecca Sarmiento (Director)
- Gary Bergen (Director (Left Mid-Year))
Official website here: www.lewisclarkcu.org
Where can I find the form 990 for Lewis Clark Credit Union?
The Lewis Clark Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.lewisclarkcu.org
Learn more at the official website: www.lewisclarkcu.org
Mission Statement of Lewis Clark Credit Union
Lewis Clark Credit Union, a non-profit financial institution, strives to be the favored choice for its members by helping them attain financial prosperity. The organization's mission is deeply rooted in building enduring relationships with its members, upholding ethical business practices, and supporting the financial success of its clientele.
Lewis Clark Credit Union offers a diverse range of financial services to its members, such as savings accounts, checking accounts, money market accounts, certificates of deposit, and affordable credit loans. The institution serves over 19,000 members in North Idaho and Eastern Washington, with a significant focus on providing credit to underserved low-income communities in the areas it serves. In addition to its financial services, Lewis Clark Credit Union contributes to the betterment of its members and communities through initiatives like teacher grants, scholarships, and sponsorships.
As a CDFI certified institution, Lewis Clark Credit Union places great importance on making affordable credit available to those in need. The credit union experienced impressive growth during 2022, with an increase in members, deposits, and loans, even amidst the ongoing COVID pandemic and the initial phases of historic interest rate increases. At year-end, the credit union boasted a robust regulatory net worth of 11.82%. Despite its financial success, Lewis Clark Credit Union remains committed to its mission of helping its members achieve financial success and building long-term relationships based on trust and mutual benefit.
Impact
This information is meant to be a general summary of Lewis Clark Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Lewis Clark Credit Union's impact is felt through its dedication to helping its members achieve financial success. By providing a range of financial services such as savings accounts, checking accounts, money market accounts, certificates of deposit, and affordable credit loans, Lewis Clark Credit Union serves over 19,000 members in North Idaho and Eastern Washington. As a CDFI certified institution, it focuses on making affordable credit loans to underserved low-income tracts in the communities it serves. Additionally, the credit union awards teacher grants, scholarships, and sponsorships to support the future of its members and communities. In 2022, Lewis Clark Credit Union experienced strong growth in members, deposits, and loans, further solidifying its impact as a trusted financial partner in the region.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Member Loan Interest Income
Revenue
$8,361,258
Other Account Fees and Charges
Revenue
$2,706,452
Program Fees
Revenue
$1,140,182
Investement in CU Prodigy
Revenue
$-670
Organization Details
Founding Year
1939
Phone
(208) 746-7233
Principal Officer
Trisha Baker
Main Address
604 Bryden Ave, Lewiston, ID, 83501
Website
www.lewisclarkcu.org
NTEE Category
Code: W60 - Public benefit
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