Utah Heritage Credit Union

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

EIN: 860229299 ✦ Moroni, UT ✦ Designated as a 501(c)(14)

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Overview

What is Utah Heritage Credit Union?

Utah Heritage Credit Union is a nonprofit financial institution situated in Moroni, Utah, with the postal address of 84 West Main, PO Box 50, 84646. Their primary mission is to foster the financial growth and stability of their members by establishing strong, personal relationships with each individual member. The credit union contributes to local events and celebrations, including parades and summer activities, as well as city/county pageants. The organization employs a team of 25 dedicated individuals.


Official website here: www.utahheritagecu.org

Is Utah Heritage Credit Union legitimate?

Utah Heritage Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Utah Heritage 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: $594,428
Professional Fundraising Fees: $0
Other Salaries and Wages: $691,220

For more financial information, click here


Official website here: www.utahheritagecu.org

What is the mission statement of Utah Heritage Credit Union?

Utah Heritage Credit Union's mission is centered around helping its members achieve financial growth and stability. The union achieves this by fostering strong relationships with each member individually. This mission is reflected in their activities, which include supporting local events such as city/county pageants, parades, and summer activities. The primary goal is to assist members in achieving financial stability, a goal achieved through the establishment of strong personal connections.


Official website here: www.utahheritagecu.org

Who is the CEO of Utah Heritage Credit Union?

Tami Olsen is the Coo of Utah Heritage Credit Union. The CEO's salary of Utah Heritage Credit Union is $146,768 and their total compensation is $146,768.


Official website here: www.utahheritagecu.org

What is the revenue of Utah Heritage Credit Union?

Utah Heritage Credit Union's revenue in 2022 was $5,511,472.


Official website here: www.utahheritagecu.org

Who are the executives of Utah Heritage Credit Union and what are their salaries?

The average compensation at Utah Heritage Credit Union during 2022 was $51,426. There are 25 employees and 9 volunteers at Utah Heritage Credit Union.


Here are 13 key members and their salaries (Utah Heritage Credit Union's CEO's salary is $146,768 and their total compensation is $146,768):


Emily Faux (Coo)
  • Compensation: $156,631
  • Related: $0
  • Other: $0
Tami Olsen (Cfo)
  • Compensation: $151,218
  • Related: $0
  • Other: $0
Donald Watson (Ceo)
  • Compensation: $146,768
  • Related: $0
  • Other: $0
Greg Sterner (Clo)
  • Compensation: $139,811
  • Related: $0
  • Other: $0
Susan Larsen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claude Pickett (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Branch Cox (Board Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Casey Anderson (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Blain (Supervisory Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Jacobsen (Supervisory Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Donaldson (Supervisory Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Madsen (Supervisory Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.utahheritagecu.org

Where can I find the form 990 for Utah Heritage Credit Union?

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


Official website here: www.utahheritagecu.org

Learn more at the official website: www.utahheritagecu.org

Mission Statement of Utah Heritage Credit Union

Utah Heritage Credit Union is committed to facilitating the financial growth and stability of its members. This mission is achieved by establishing strong, personal relationships with each member. The credit union endeavors to contribute to its members' financial well-being in a meaningful way, one relationship at a time. In line with this mission, Utah Heritage Credit Union participates in local events and celebrations, parades, and summer activities, demonstrating its dedication to the communities it serves.

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Impact




October, 2024

Utah Heritage Credit Union significantly contributes to the financial growth and stability of its members by fostering strong, personalized relationships. The credit union actively engages with the local community in Moroni, Utah, enhancing the quality of life through generous donations to city and county events such as pageants, parades, and summer activities. By investing in these community celebrations, Utah Heritage Credit Union not only supports local traditions but also promotes a sense of belonging and pride among residents. This commitment to community involvement and individual financial empowerment illustrates the credit union's dedication to making a positive impact in the lives of its members and the broader public.




This information is meant to be a general summary of Utah Heritage 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
$5,511,472 (2022)
Expenses
$4,033,210 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $500,699
  • Gross Receipts: $5,511,472

Assets and Liabilities:

  • Total Assets: $119,199,820
  • Total Liabilities: $107,167,782
  • Net Assets: $12,032,038

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Organization Details

Founding Year

1969

Principal Officer

Tami Olsen

Main Address

84 WEST MAIN PO BOX 50, MORONI, UT, 84646

NTEE Category

Code: W60 - Public benefit

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