Truwest Credit Union

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

EIN: 866050959 ✦ Tempe, AZ ✦ Designated as a 501(c)(14)

Overview

What is Truwest Credit Union?

Truwest Credit Union is a member-owned cooperative based in Tempe, Arizona, with a US address at 1667 N Priest Drive, 85288. They offer their community affordable financial services, including financial planning. The credit union's mission is to provide trusted financial solutions, enabling members to reach their goals. With a team of 319 employees, Truwest Credit Union is dedicated to helping its members achieve financial success.


Official website here: www.truwest.org

Is Truwest Credit Union legitimate?

Truwest Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Truwest 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: $4,098,452
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,071,309

For more financial information, click here


Official website here: www.truwest.org

What is the mission statement of Truwest Credit Union?

Truwest Credit Union is a cooperative dedicated to providing trusted financial solutions for its members. Its mission is to help members achieve their goals through the offering of affordable financial services. The credit union goes beyond just offering financial products, it also provides low-cost financial planning services to its member-owners. By doing so, Truwest Credit Union aims to be a trusted partner in helping its members navigate their financial journey and reach their objectives. The cooperative's primary focus is on ensuring financial well-being and stability for its members, enabling them to reach their full potential.


Official website here: www.truwest.org

Who is the CEO of Truwest Credit Union?

Alan Althouse is the President & Ceo of Truwest Credit Union. The CEO's salary of Truwest Credit Union is $934,746 and their total compensation is $1,114,867.


Official website here: www.truwest.org

What is the revenue of Truwest Credit Union?

Truwest Credit Union's revenue in 2022 was $72,242,165.


Official website here: www.truwest.org

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

The average compensation at Truwest Credit Union during 2022 was $82,037. There are 319 employees and 14 volunteers at Truwest Credit Union.

Here are 22 key members and their salaries (Truwest Credit Union's CEO's salary is $934,746 and their total compensation is $1,114,867):

    Alan Althouse (President & Ceo)
  • Compensation: $934,746
  • Related: $0
  • Other: $180,121

    • Gary Bernard (Evp Chief Operations Officer)
  • Compensation: $410,062
  • Related: $0
  • Other: $136,779

    • Kathleen Hoffman (Mortgage Loan Originator)
  • Compensation: $493,870
  • Related: $0
  • Other: $32,129

    • Kelly Argall (Mortgage Loan Officer)
  • Compensation: $484,827
  • Related: $0
  • Other: $35,660

    • Fred Farbod (Svp Chief Lending Officer)
  • Compensation: $353,115
  • Related: $0
  • Other: $145,982

    • Brent Cattani (Financial Advisor Ii)
  • Compensation: $464,618
  • Related: $0
  • Other: $21,151

    • Chris Kearney (Svp Chief Information Officer)
  • Compensation: $348,255
  • Related: $0
  • Other: $127,704

    • Michael Ward (Svp Chief Financial Officer)
  • Compensation: $309,699
  • Related: $0
  • Other: $120,035

    • Katherine Sciascia (Mortgage Loan Originator)
  • Compensation: $376,618
  • Related: $0
  • Other: $44,307

    • Alysse Medina (Svp And Chief Legal Officer)
  • Compensation: $254,842
  • Related: $0
  • Other: $109,304

    • Jennifer Kimmell (Svp Chief Marketing Officer)
  • Compensation: $243,002
  • Related: $0
  • Other: $84,397

    • Darren Kennon (Mortgage Loan Officer)
  • Compensation: $266,709
  • Related: $0
  • Other: $46,495

    • Nikki Badje (Svp Chief Human Resources Officer)
  • Compensation: $209,242
  • Related: $0
  • Other: $21,565

    • Rick O'Connor (Chairman) [Trustee/Director]
  • Compensation: $18,742
  • Related: $0
  • Other: $0

    • Scott Johs (Treasurer) [Trustee/Director]
  • Compensation: $13,050
  • Related: $0
  • Other: $0

    • Susanna Defranco (Secretary) [Trustee/Director]
  • Compensation: $12,217
  • Related: $0
  • Other: $0

    • Thomas Cummiskey (Director)
  • Compensation: $12,195
  • Related: $0
  • Other: $0

    • Mike Vasko (Director)
  • Compensation: $12,075
  • Related: $0
  • Other: $0

    • Mike Moulton (Vice Chairman) [Trustee/Director]
  • Compensation: $11,550
  • Related: $0
  • Other: $0

    • Jeff Homer (Director)
  • Compensation: $11,325
  • Related: $0
  • Other: $0

    • Tim Niesz (Director)
  • Compensation: $9,600
  • Related: $0
  • Other: $0

    • Dave Holody (Director)
  • Compensation: $8,850
  • Related: $0
  • Other: $0


  • Official website here: www.truwest.org

    Where can I find the form 990 for Truwest Credit Union?

    The Truwest Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.truwest.org

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

    Mission Statement of Truwest Credit Union

    Truwest Credit Union, a cooperative dedicated to providing trusted financial solutions, aims to help its member-owners achieve their financial goals. The mission of this financial institution is geared towards offering affordable financial services, including financial planning. In simple terms, Truwest Credit Union is a cooperative that exists to empower its members to reach their financial objectives. By providing a range of low-cost financial services, this credit union enables its members to save money, manage debt, and plan for the future. Through its commitment to financial inclusivity and affordability, Truwest Credit Union stands as a valuable resource for individuals seeking to improve their financial well-being.

    Impact

    This information is meant to be a general summary of Truwest Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Truwest Credit Union impacts its members by providing low-cost financial services and solutions that help them achieve their goals. By operating as a cooperative, Truwest fosters a sense of ownership and empowerment among its members, ultimately serving as a trusted partner in their financial journey. This approach enables individuals to access the resources and guidance needed to make informed financial decisions and work towards their desired outcomes.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $9,035,128
  • Program Service Revenue: $61,792,162
  • Gross Receipts: $72,242,165

    • Assets and Liabilities:
  • Total Assets: $1,514,781,756
  • Total Liabilities: $1,400,355,296
  • Net Assets: $114,426,460
  • Programs

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

    LOAN INTEREST INCOME

    Revenue

    $46,980,745

    INTERCHANGE INCOME

    Revenue

    $5,934,682

    FEES AND CHARGES

    Revenue

    $5,564,567

    WEALTH MANAGEMENT COMMISSIONS

    Revenue

    $3,103,080

    COLLATERAL PROTECTION INSURANCE

    Revenue

    $137,090

    Organization Details

    Founding Year

    1952

    Principal Officer

    Alan Althouse

    Main Address

    1667 N PRIEST DRIVE, TEMPE, AZ, 85288

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Truwest Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.