Overview
What is Kings Peak Credit Union?
Kings Peak Credit Union is a community-focused financial institution situated in Roosevelt, Utah. With a dedicated team of 11 employees, the credit union offers its members various financial services, including checking and savings accounts, debit cards, consumer loans, open-end loans, business loans, real estate loans, home equity loans, and construction loans. The primary objective of Kings Peak Credit Union is to serve natural citizens by providing them with essential financial services, ensuring members can manage their finances effectively.
Official website here: www.kingspeakcu.com
Is Kings Peak Credit Union legitimate?
Kings Peak Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Kings Peak 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: $113,592
Professional Fundraising Fees: $0
Other Salaries and Wages: $360,918
For more financial information, click here
Official website here: www.kingspeakcu.com
What is the mission statement of Kings Peak Credit Union?
Kings Peak Credit Union's mission is to establish a community credit union that caters to natural citizens, offering them fundamental financial services such as consumer loans, checking and savings accounts, and debit cards. The credit union's primary goal is to provide these basic financial services to its members. It offers various loan options, including business loans, real estate loans, home equity loans, and construction loans, in addition to consumer loans and open-end loans. The credit union aims to serve its members effectively by providing them with these financial services.
Official website here: www.kingspeakcu.com
Who is the CEO of Kings Peak Credit Union?
Ryan Reynolds is the CEO of Kings Peak Credit Union The CEO's salary of Kings Peak Credit Union is $113,592 and their total compensation is $113,592.
Official website here: www.kingspeakcu.com
What is the revenue of Kings Peak Credit Union?
Kings Peak Credit Union's revenue in 2023 was $3,594,263.
Official website here: www.kingspeakcu.com
Who are the executives of Kings Peak Credit Union and what are their salaries?
The average compensation at Kings Peak Credit Union during 2023 was $52,723. There are 9 employees at Kings Peak Credit Union.
Here are 7 key members and their salaries (Kings Peak Credit Union's CEO's salary is $113,592 and their total compensation is $113,592):
- Compensation: $113,592
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.kingspeakcu.com
Where can I find the form 990 for Kings Peak Credit Union?
Kings Peak Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.kingspeakcu.com
Learn more at the official website: www.kingspeakcu.com
Mission Statement of Kings Peak Credit Union
Kings Peak Credit Union, as a community-focused credit union, is dedicated to serving its natural citizen members by offering essential financial services. Its mission is to provide members with the fundamental financial tools they need, including checking and savings accounts, debit cards, consumer loans, and open-end loans. Beyond these basic services, Kings Peak Credit Union also extends its offerings to business loans, real estate loans, home equity loans, and construction loans. By doing so, the credit union aims to meet the diverse financial needs of its members, thereby contributing to their financial well-being. In essence, Kings Peak Credit Union serves as a reliable financial partner for its members, providing them with the necessary financial resources to manage their daily financial affairs and pursue their financial goals.
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Impact
October, 2024
Kings Peak Credit Union plays a vital role in enhancing the financial well-being of its members in Roosevelt, UT. By offering a comprehensive suite of services, including checking and savings accounts, debit cards, consumer loans, business loans, and various types of real estate loans, the credit union supports both individual and community financial health.
The credit union’s commitment to providing essential financial services empowers members to manage their finances effectively, build savings, and secure loans for personal and business needs. This not only facilitates economic growth among its members but also contributes to the overall prosperity of the local community. By prioritizing accessibility and affordability in financial services, Kings Peak Credit Union fosters an inclusive environment where natural citizens can thrive economically. Through these efforts, it strengthens community ties and promotes financial literacy, ultimately enhancing the quality of life for its members.
This information is meant to be a general summary of Kings Peak 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $248,927
- Program Service Revenue: $3,345,336
- Gross Receipts: $3,594,263
Assets and Liabilities:
- Total Assets: $39,693,245
- Total Liabilities: $36,550,667
- Net Assets: $3,142,578
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Commissions on insurances
Revenue
$354,054
Interest from loans
Revenue
$2,630,344
Miscellaneous
Revenue
$10,586
Service fees & charges
Revenue
$350,352
Organization Details
Founding Year
1960
Principal Officer
Ryan Reynolds
Website
www.kingspeakcu.comNTEE Category
Code: W60 - Public benefit
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