Silver State Schools Credit Union

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

EIN: 880062898 ✦ Las vegas, NV ✦ Designated as a 501(c)(14)

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Overview

What is Silver State Schools Credit Union?

Silver State Schools Credit Union, established in 1951, is a Nevada-based nonprofit credit union serving the Southern Nevada community. Rooted in the region, SSSCU's mission is to enhance and bolster its surroundings by exclusively catering to its members who are affiliated with educational organizations. This includes volunteers, students, retirees, employees, and members of related organizations like PTAs and PTOs. The credit union offers top-notch member services and financial solutions as its core mission. Boasting a workforce of 246 employees, SSSCU is a state-chartered cooperative, ensuring that the needs and goals of its members remain at the forefront.


Official website here: www.silverstatecu.com

Is Silver State Schools Credit Union legitimate?

Silver State Schools Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Silver State Schools 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: $1,720,796
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,977,079

For more financial information, click here


Official website here: www.silverstatecu.com

What is the mission statement of Silver State Schools Credit Union?

Silver State Schools Credit Union, established in 1951, is dedicated to providing exceptional member services and financial solutions. Rooted in the Southern Nevada community, the credit union focuses on enhancing and fortifying the region it serves. With a deep connection to education, SSSCU is a cooperative designed to serve those associated with educational organizations. Eligibility to join extends to volunteers, students, retirees, employees, and members of organizations such as PTAs and PTOs. The credit union's core commitment is to enrich the lives of its members through reliable financial services.


Official website here: www.silverstatecu.com

Who is the CEO of Silver State Schools Credit Union?

Scott Arkills is the Ceo/President of Silver State Schools Credit Union. The CEO's salary of Silver State Schools Credit Union is $477,754 and their total compensation is $507,004.


Official website here: www.silverstatecu.com

What is the revenue of Silver State Schools Credit Union?

Silver State Schools Credit Union's revenue in 2022 was $49,927,446.


Official website here: www.silverstatecu.com

Who are the executives of Silver State Schools Credit Union and what are their salaries?

The average compensation at Silver State Schools Credit Union during 2022 was $51,617. There are 246 employees and 12 volunteers at Silver State Schools Credit Union.


Here are 18 key members and their salaries (Silver State Schools Credit Union's CEO's salary is $477,754 and their total compensation is $507,004):


Scott Arkills (Ceo/President)
  • Compensation: $477,754
  • Related: $0
  • Other: $29,250
Ann Johnson (Svp/Cao)
  • Compensation: $272,830
  • Related: $0
  • Other: $45,168
Raymond Wilson (Svp/Cfo)
  • Compensation: $291,995
  • Related: $0
  • Other: $22,989
James Bolin (Svp/Clo)
  • Compensation: $278,536
  • Related: $0
  • Other: $23,603
Ben Christensen (Svp/Cio)
  • Compensation: $266,172
  • Related: $0
  • Other: $30,476
Cody Goulding (Vp/Controller)
  • Compensation: $166,516
  • Related: $0
  • Other: $19,151
Robert Rivas (Vp Of Information Technology)
  • Compensation: $160,855
  • Related: $0
  • Other: $18,396
Malinda Watson (Avp Internal Controls)
  • Compensation: $139,787
  • Related: $0
  • Other: $14,681
Ariana Hites (Vp Of Member Services)
  • Compensation: $127,235
  • Related: $0
  • Other: $23,230
Christopher Jones (Avp Continuous Improvement)
  • Compensation: $121,415
  • Related: $0
  • Other: $14,142
Mitch Fox (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Scow (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Ann Rice (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Moulton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Javier Trujillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Christensen (Director (Jan-Mar))
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Woodhouse (Director (Apr-Dec))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Lange (Director (Dec))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.silverstatecu.com

Where can I find the form 990 for Silver State Schools Credit Union?

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


Official website here: www.silverstatecu.com

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

Mission Statement of Silver State Schools Credit Union

Silver State Schools Credit Union, or SSSCU, is a mission-driven financial institution that has been serving the Southern Nevada community since its founding in 1951. Rooted deeply in the region, SSSCU strives to enhance and strengthen the community it serves. As a state-chartered cooperative, SSSCU is owned by and caters to its members, prioritizing excellent member service and financial solutions for their lifetimes.

The heart of SSSCU lies in Southern Nevada and the education sector. Eligibility to join extends to anyone associated with any educational organization, be it volunteers, students, retirees, employees, or members of organizations like PTAs or PTOs. SSSCU's commitment to its mission is evident in its long-standing history and focus on the community it serves. By providing financial solutions tailored to its members, SSSCU aims to enrich their lives and contribute to the overall well-being of the community.

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Impact




October, 2024

Silver State Schools Credit Union (SSSCU) has made a significant impact on the Southern Nevada community since its establishment in 1951. Focused on serving members associated with educational organizations, SSSCU provides critical financial services that enhance the lives of individuals involved in education, including students, retirees, employees, and volunteers.

By fostering financial literacy and offering tailored financial solutions, SSSCU helps its members achieve their goals, whether it's purchasing a home, financing education, or managing daily expenses. The credit union's commitment to excellent member service and community involvement strengthens the educational landscape in the region, directly contributing to the well-being of families and individuals within the Southern Nevada area.

In addition to financial services, SSSCU plays a vital role in community development, partnering with local organizations to support initiatives that benefit education and promote financial stability. This cooperative approach not only empowers its members but also reinforces the credit union's dedication to creating a positive and lasting impact on the community it serves.




This information is meant to be a general summary of Silver State Schools 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
$49,927,446 (2022)
Expenses
$38,665,350 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,592,608
  • Program Service Revenue: $43,334,838
  • Gross Receipts: $49,928,376

Assets and Liabilities:

  • Total Assets: $1,151,766,991
  • Total Liabilities: $1,081,583,020
  • Net Assets: $70,183,971

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Programs

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

Interest on Loans

Revenue

$29,089,263

Fees and Charges

Revenue

$7,174,178

Organization Details

Founding Year

1951

Principal Officer

Scott Arkills

Main Address

630 Trade Center Drive, Las Vegas, NV, 89119

NTEE Category

Code: W60 - Public benefit

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