Credit Unions Chartered In The State Of Utah

Transwest Credit Union

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

EIN: 870212887 ✦ Salt lake city, UT ✦ Designated as a 501(c)(14)

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Overview

What is Credit Unions Chartered In The State Of Utah?

Credit Unions Chartered In The State Of Utah, specifically identified as TransWest Credit Union, is a nonprofit organization situated in Salt Lake City, Utah. With a primary focus on financial services, this credit union aims to serve and support its members. Based at 37 West 1700 South, the organization operates with a team of 41 employees, providing various financial solutions to its members. The mission of TransWest Credit Union is to uphold its commitment to its members, offering them financial assistance and services.


Official website here: www.transwestcu.com

Is Credit Unions Chartered In The State Of Utah legitimate?

Credit Unions Chartered In The State Of Utah is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions Chartered In The State Of Utah 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: $362,679
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,560,259

For more financial information, click here


Official website here: www.transwestcu.com

What is the mission statement of Credit Unions Chartered In The State Of Utah?

Credit Unions Chartered in the State of Utah is dedicated to serving its members by offering various financial services. The primary mission of this organization is to cater to the financial needs of its credit union members. They strive to provide financial solutions that meet the diverse requirements of their members. The organization's activities are centered around delivering financial services, ensuring member satisfaction and financial well-being. By offering these services, Credit Unions Chartered in the State of Utah aims to foster financial stability and prosperity within its member community.


Official website here: www.transwestcu.com

Who is the CEO of Credit Unions Chartered In The State Of Utah?

Steve Pratt is the Principal Officer of Credit Unions Chartered In The State Of Utah. The CEO's salary of Credit Unions Chartered In The State Of Utah is $126,176 and their total compensation is $126,176.


Official website here: www.transwestcu.com

What is the revenue of Credit Unions Chartered In The State Of Utah?

Credit Unions Chartered In The State Of Utah's revenue in 2022 was $7,637,561.


Official website here: www.transwestcu.com

Who are the executives of Credit Unions Chartered In The State Of Utah and what are their salaries?

The average compensation at Credit Unions Chartered In The State Of Utah during 2022 was $46,901. There are 41 employees and 10 volunteers at Credit Unions Chartered In The State Of Utah.


Here are 11 key members and their salaries (Credit Unions Chartered In The State Of Utah's CEO's salary is $126,176 and their total compensation is $126,176):


Steven Pratt (Ceo)
  • Compensation: $126,176
  • Related: $0
  • Other: $0
Matthew Rood (Cfo)
  • Compensation: $118,776
  • Related: $0
  • Other: $0
Scott Peterson (Clo)
  • Compensation: $117,727
  • Related: $0
  • Other: $0
Ed Samuels (Loan Manager)
  • Compensation: $102,365
  • Related: $0
  • Other: $0
Roger Beynon (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Saley (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Rogers (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Skog (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Kocinski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Montgomery (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Spencer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.transwestcu.com

Where can I find the form 990 for Credit Unions Chartered In The State Of Utah?

Credit Unions Chartered In The State Of Utah's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.transwestcu.com

Learn more at the official website: www.transwestcu.com

Mission Statement of Credit Unions Chartered In The State Of Utah

Credit Unions Chartered In Utah, as the name suggests, is a nonprofit organization with a mission deeply rooted in financial services. This mission, in simpler terms, is dedicated to serving its credit union members effectively. The organization's primary objective is to extend financial aid and resources to its members, ensuring they have the necessary tools to manage their finances. By providing these services, Credit Unions Chartered In Utah seeks to contribute positively to the financial well-being of its members, thereby strengthening their financial foundations.

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Impact




October, 2024

Credit Unions Chartered In The State Of Utah significantly impacts the local community by offering essential financial services tailored to the needs of its members. Located in Salt Lake City, these credit unions focus on delivering personalized banking experiences, which often include savings accounts, loans, and other financial products that promote economic growth and financial stability among their members.

By prioritizing member interests, these credit unions foster a sense of community and trust, encouraging individuals to save and invest in their future. They play a crucial role in enhancing financial literacy and providing resources that help members make informed financial decisions. This commitment to member service not only strengthens the financial well-being of individuals but also contributes to the overall economic vitality of the region.

Credit Unions Chartered In The State Of Utah emphasizes public benefit, ensuring that financial services are accessible and beneficial, particularly for those who may be underserved by traditional banking institutions. Their mission to serve members aligns with initiatives aimed at nurturing community development and supporting local economies, ultimately creating a positive ripple effect throughout the state.




This information is meant to be a general summary of Credit Unions Chartered In The State Of Utah. 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
$7,637,561 (2022)
Expenses
$6,383,680 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $622,162
  • Gross Receipts: $7,637,561

Assets and Liabilities:

  • Total Assets: $184,720,250
  • Total Liabilities: $167,870,457
  • Net Assets: $16,849,793

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Organization Details

Founding Year

1935

Principal Officer

Steve Pratt

Main Address

37 West 1700 South, Salt Lake City, UT, 84115

NTEE Category

Code: W60 - Public benefit

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