Utah League Of Credit Unions

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

EIN: 870225267 ✦ Salt lake city, UT ✦ Designated as a 501(c)(6)

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Overview

What is Utah League Of Credit Unions?

The Utah League of Credit Unions is a membership-based nonprofit organization, headquartered in Utah. Its primary role is to cater to the needs and support the objectives of the state's credit unions, contributing to the broader credit union movement. The organization offers various services to its member credit unions, working diligently to promote their interests and advance their shared goals.

Is Utah League Of Credit Unions legitimate?

Utah League Of Credit Unions is a legitimate nonprofit organization registered as a 501(c)(6) entity. Utah League Of Credit Unions 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: $713,020
Professional Fundraising Fees: $0
Other Salaries and Wages: $308,388

For more financial information, click here

What is the mission statement of Utah League Of Credit Unions?

The Utah League of Credit Unions, as a membership organization, is dedicated to serving the credit unions within Utah. Their mission is to address and support the needs and objectives of these credit unions, as well as foster the growth and success of the credit union movement as a whole. The organization works tirelessly to meet the requirements and advance the aims of its member credit unions.

Who is the CEO of Utah League Of Credit Unions?

Scott Simpson is the President of Utah League Of Credit Unions.

What is the revenue of Utah League Of Credit Unions?

Utah League Of Credit Unions's revenue in 2022 was $2,582,947.

Who are the executives of Utah League Of Credit Unions and what are their salaries?

The average compensation at Utah League Of Credit Unions during 2022 was $145,915. There are 7 employees at Utah League Of Credit Unions.


Here are 13 key members and their salaries:


Scott Simpson (President)
  • Compensation: $506,990
  • Related: $0
  • Other: $0
Steve Nelson (Vp Of Cr Aff)
  • Compensation: $206,030
  • Related: $0
  • Other: $0
Todd Adamson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Atkinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Barber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rene Clarke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Gourdin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Hirabayashi (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane London (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lund (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sterling Nielsen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Payne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Phillips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Utah League Of Credit Unions?

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

Mission Statement of Utah League Of Credit Unions

The Utah League of Credit Unions, as a membership organization, is dedicated to serving the credit unions within Utah. Its mission is centered around addressing the needs and furthering the objectives of these credit unions, as well as supporting the broader credit union movement. By working collaboratively, the Utah Credit Union Association aims to foster a thriving and united credit union community in Utah.

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Impact




October, 2024

The Utah League of Credit Unions plays a vital role in supporting the credit union movement within the state. By rendering essential services to member credit unions, it ensures that these financial institutions can effectively meet the needs of their communities. The organization is dedicated to promoting the goals of credit unions, advocating for their interests, and fostering collaboration among its members.

Operating out of Salt Lake City, the League focuses on addressing challenges and opportunities that credit unions face. Through education, professional development, and various support services, it empowers credit unions to enhance their operations, improve member services, and expand their outreach. This, in turn, strengthens the financial well-being of Utah residents who rely on credit unions for affordable financial services.

Additionally, the Utah League of Credit Unions contributes to the broader public good by championing the principles of credit unions, which prioritize member benefit over profits. This commitment helps to cultivate a strong, community-oriented financial sector, ensuring that consumers have access to ethical and inclusive banking options. Overall, the League significantly impacts the sustainability and growth of credit unions in Utah, ultimately benefiting the state's economy and its citizens.




This information is meant to be a general summary of Utah League Of Credit Unions. 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
$2,582,947 (2022)
Expenses
$2,615,756 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,102
  • Program Service Revenue: $2,422,772
  • Gross Receipts: $2,582,947

Assets and Liabilities:

  • Total Assets: $6,003,362
  • Total Liabilities: $2,327,011
  • Net Assets: $3,676,351

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Programs

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

PROGRAM SERVICE RELATED DUES

Revenue

$2,008,176

EDUCATIONAL TRAINING

Revenue

$304,051

UCUPAC MANAGEMENT

Revenue

$110,545

Organization Details

Founding Year

1965

Principal Officer

Scott Simpson

Main Address

455 E 500 S STE 400, SALT LAKE CITY, UT, 84111

NTEE Category

Code: W60 - Public benefit

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