Uintah Credit Union

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

EIN: 870254587 ✦ Vernal, UT ✦ Designated as a 501(c)(14)

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Overview

What is Uintah Credit Union?

Uintah Credit Union is a nonprofit financial institution situated in Vernal, Utah. With a focus on serving its members, primarily the employees of Uintah School District, the credit union offers lending and investing services. Established with a team of three dedicated individuals, Uintah Credit Union's mission is to support its members financially by providing them with essential financial tools. The credit union's address is provided as a PO box in Vernal, Utah.

Is Uintah Credit Union legitimate?

Uintah Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Uintah 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: $18,210
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,741

For more financial information, click here

What is the mission statement of Uintah Credit Union?

Uintah Credit Union is committed to offering lending and investment services to its membership, specifically to the employees of Uintah School District. The primary mission of the credit union is to provide financial assistance and investment opportunities to its members, thereby empowering them financially. The credit union's activities are centered around offering credit union lending and investing services, aiming to meet the financial needs of its members effectively. In essence, Uintah Credit Union serves as a financial partner to its members, offering them the necessary financial tools to manage their finances efficiently.

Who is the CEO of Uintah Credit Union?

Dan E Olsen is the President of Uintah Credit Union.

What is the revenue of Uintah Credit Union?

Uintah Credit Union's revenue in 2022 was $82,158.

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

The average compensation at Uintah Credit Union during 2022 was $7,984. There are 3 employees at Uintah Credit Union.


Here are 7 key members and their salaries:


Dan E Olsen (President)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Teresa Harrison (Secretary)
  • Compensation: $6,210
  • Related: $0
  • Other: $0
Dennis Spackman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Hoyt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Olsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Reay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cody Calder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Uintah Credit Union?

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

Mission Statement of Uintah Credit Union

Uintah Credit Union, as described, is a financial institution with a mission to serve its members, primarily being the employees of Uintah School District. This nonprofit organization provides lending and investing services as its primary activity, aiming to cater to the financial needs of its members effectively. In simpler terms, Uintah Credit Union exists to support its member base, primarily composed of employees from Uintah School District, by offering them various financial services such as loans and investment opportunities.

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Impact




October, 2024

Uintah Credit Union impacts its community by providing essential lending and investing services tailored specifically for the employees of the Uintah School District. Based in Vernal, Utah, the credit union plays a crucial role in supporting its members' financial well-being, facilitating access to credit, and fostering a sense of community among educators and staff. By meeting the unique financial needs of its members, Uintah Credit Union contributes to the stability and success of the educational workforce, enhancing the overall quality of life for school district employees and their families. Through its services, the credit union promotes financial literacy, sustainability, and community development, ultimately benefiting the broader public as well.




This information is meant to be a general summary of Uintah 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
$82,158 (2022)
Expenses
$78,295 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $82,158
  • Gross Receipts: $82,158

Assets and Liabilities:

  • Total Assets: $4,653,399
  • Total Liabilities: $4,181,750
  • Net Assets: $471,649

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Programs

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

Income from fees

Revenue

$4,593

Income from investments

Revenue

$32,828

Income from loans

Revenue

$44,737

Organization Details

Principal Officer

Dan E Olsen

Main Address

P O BOX 805, VERNAL, UT, 84078

NTEE Category

Code: W60 - Public benefit

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