Lewis Clark Credit Union

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

EIN: 820215955 ✦ Lewiston, ID ✦ Designated as a 501(c)(14)

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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

What do the Facebook reviews say about Lewis Clark Credit Union?

88% of 70 reviewers on Facebook recommend Lewis Clark Credit Union. Here is a summary of their feedback:

Many customers express positive sentiments regarding the credit union's services, highlighting the friendly and prompt support they receive, especially when it comes to loan processing. The consistent emphasis on strong customer service suggests that clients feel valued and appreciated in their interactions.

Overall, it appears that Lewis Clark Credit Union delivers well on its commitments, with users feeling satisfied and inclined to recommend the institution to others. The positive reviews indicate a strong reputation for customer service in the community.


This AI summary has been generated from reviews found on Facebook.

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 tax deductible.


Heare 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


Official website here: www.lewisclarkcu.org

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)
  • Compensation: $299,728
  • Related: $0
  • Other: $121,749
Mary Light (It Manager)
  • Compensation: $180,950
  • Related: $0
  • Other: $114,276
Amanda Nixon (Vp Operations/Cfo)
  • Compensation: $179,962
  • Related: $0
  • Other: $50,397
David Durrant (Vp Of Lending)
  • Compensation: $102,769
  • Related: $0
  • Other: $21,191
Chad Smith (Vp Of Lending (Left Mid-Year))
  • Compensation: $59,422
  • Related: $0
  • Other: $0
Sherri Kumm (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katy Miller (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Metcalf (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Groff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Sarmiento (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Bergen (Director (Left Mid-Year))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lewisclarkcu.org

Where can I find the form 990 for Lewis Clark Credit Union?

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.

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Impact




October, 2024

Lewis Clark Credit Union (LCCU) plays a significant role in the financial empowerment of its members and the broader community in North Idaho and Eastern Washington. By providing essential financial services such as savings accounts, checking accounts, money market accounts, certificates of deposit, and affordable credit loans, LCCU focuses on fostering financial success for its 19,049 members, particularly those in underserved low-income areas.

As a CDFI certified institution, LCCU is dedicated to making affordable credit accessible, which is particularly vital for individuals who may face barriers in obtaining financing from traditional banks. This commitment not only supports individual financial stability but also contributes to the economic health of the entire region.

In addition to its financial services, LCCU invests in community development through various initiatives, including awarding teacher grants and scholarships, which help to enhance educational opportunities for members. These efforts reflect a broader mission of building long-term relationships and exercising sound, ethical business practices.

LCCU's resilience is evident in its continued growth, even amidst economic challenges such as the COVID pandemic and rising interest rates. With a regulatory net worth of 11.82% at the end of 2022, the credit union has positioned itself not only as a reliable financial institution but also as a pillar of support for its community, driving positive change and promoting financial well-being.




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.


Financials

This financial information is from Propublica.

Revenue
$12,473,369 (2022)
Expenses
$10,523,506 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $266,147
  • Program Service Revenue: $12,207,222
  • Gross Receipts: $12,622,185

Assets and Liabilities:

  • Total Assets: $214,796,100
  • Total Liabilities: $195,813,882
  • Net Assets: $18,982,218

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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

Principal Officer

Trisha Baker

Main Address

604 Bryden Ave, Lewiston, ID, 83501

NTEE Category

Code: W60 - Public benefit

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