Weld Community Credit Union

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

EIN: 840526937 ✦ Greeley, CO ✦ Designated as a 501(c)(14)

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Overview

What is Weld Community Credit Union?

Weld Community Credit Union is a member-centric financial institution, holding a State Charter, situated in Colorado. Its primary role involves offering a diverse range of loan options to its members at favorable rates. In addition, the credit union provides various share and deposit products to its members, facilitated through the Weld schools Credit Union program. This program serves to expand the credit union's reach within educational institutions in the region.

Is Weld Community Credit Union legitimate?

Weld Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Weld Community 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: $267,164
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,018,419

For more financial information, click here

What is the mission statement of Weld Community Credit Union?

Weld Community Credit Union serves as a State-chartered financial institution, committed to offering its members a wide range of loan options at competitive rates. The credit union extends this service through the Weld schools Credit Union program, providing various share and deposit products as well. In essence, Weld Community Credit Union's mission is to empower its members financially by providing them with accessible and affordable financial solutions.

Who is the CEO of Weld Community Credit Union?

David L Brown is the Chair of Weld Community Credit Union. The CEO's salary of Weld Community Credit Union is $156,300 and their total compensation is $156,300.

What is the revenue of Weld Community Credit Union?

Weld Community Credit Union's revenue in 2022 was $3,820,635.

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

The average compensation at Weld Community Credit Union during 2022 was $42,853. There are 30 employees and 11 volunteers at Weld Community Credit Union.


Here are 8 key members and their salaries (Weld Community Credit Union's CEO's salary is $156,300 and their total compensation is $156,300):


Jerry Clark (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Parrish (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Lind (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Rainbolt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Inloes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jocelyn Walters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Petraglia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Brown (Ceo)
  • Compensation: $156,300
  • Related: $0
  • Other: $0
Where can I find the form 990 for Weld Community Credit Union?

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

Mission Statement of Weld Community Credit Union

Weld Community Credit Union, as a State Chartered Credit Union, is committed to serving its members by offering a variety of loan options at competitive rates. This financial institution goes beyond traditional banking services, extending its offerings to include share and deposit products of all kinds through the Weld schools Credit Union program. In essence, Weld Community Credit Union prioritizes its members' financial wellbeing, providing them with accessible and affordable financial solutions.

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Impact




October, 2024

Weld Community Credit Union significantly impacts its community by providing accessible financial services tailored to meet the needs of its members. Operating as a state-chartered credit union in Greeley, Colorado, it offers a range of loan options at competitive rates, making it easier for individuals and families to secure financing for various needs, from home purchases to personal loans.

In addition to loan offerings, Weld Community Credit Union supports financial well-being through an extensive selection of share and deposit products. Its partnership with the Weld schools Credit Union program further enhances accessibility, promoting financial literacy and helping students and their families manage their finances effectively.

By prioritizing member needs and fostering a community-focused approach, Weld Community Credit Union plays an essential role in advancing economic stability and growth within the region, cultivating a strong sense of community while encouraging responsible financial practices.




This information is meant to be a general summary of Weld Community 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
$3,820,635 (2022)
Expenses
$3,621,778 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $457,907
  • Program Service Revenue: $3,362,728
  • Gross Receipts: $3,820,635

Assets and Liabilities:

  • Total Assets: $114,282,720
  • Total Liabilities: $105,637,682
  • Net Assets: $8,645,038

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Programs

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

INTEREST ON LOANS

Revenue

$2,577,180

FEE INCOME

Revenue

$720,048

OTHER OPERATING

Revenue

$65,500

Organization Details

Founding Year

1936

Principal Officer

David L Brown

Main Address

2555 47TH AVENUE, GREELEY, CO, 80634

NTEE Category

Code: W60 - Public benefit

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