Clark County Credit Union

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

EIN: 880065951 ✦ Las vegas, NV ✦ Designated as a 501(c)(14)

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Overview

What is Clark County Credit Union?

Clark County Credit Union is a cooperative organization based on the principle of promoting thrift and savings among its members. Established with a mission to serve, this credit union aims to provide financial services and savings opportunities for its community. Despite the limited information provided, it is clear that the credit union is committed to fostering financial growth and offering financial services to its members.


Official website here: www.ccculv.org

Is Clark County Credit Union legitimate?

Clark County Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Clark County 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: $1,690,132
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,390,813

For more financial information, click here


Official website here: www.ccculv.org

What is the mission statement of Clark County Credit Union?

Clark County Credit Union operates as a cooperative with the primary goal of encouraging saving among its members. Its mission is geared towards fostering thrift and financial responsibility within the community it serves. The union's main objective is to provide essential financial services to its members, aiming to help them build a better financial future. Through various programs and initiatives, the credit union strives to create a thriving financial ecosystem for its members, enabling them to save, borrow, and invest wisely. The cooperative's commitment to its members extends beyond traditional banking services by offering personalized financial advice, and fostering a culture of financial literacy and education.


Official website here: www.ccculv.org

Who is the CEO of Clark County Credit Union?

Matthew Kershaw is the Principal Officer of Clark County Credit Union. The CEO's salary of Clark County Credit Union is $441,382 and their total compensation is $464,257.


Official website here: www.ccculv.org

What is the revenue of Clark County Credit Union?

Clark County Credit Union's revenue in 2022 was $52,797,641.


Official website here: www.ccculv.org

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

The average compensation at Clark County Credit Union during 2022 was $52,738. There are 267 employees and 12 volunteers at Clark County Credit Union.


Here are 18 key members and their salaries (Clark County Credit Union's CEO's salary is $441,382 and their total compensation is $464,257):


Matt Kershaw (Chief Executive Officer)
  • Compensation: $441,382
  • Related: $0
  • Other: $22,875
Patricia Ochal (Chief Financial Officer)
  • Compensation: $386,760
  • Related: $0
  • Other: $17,848
David Upham (Chief Operating Officer)
  • Compensation: $245,782
  • Related: $0
  • Other: $45,456
Joshua Haldeman (Chief Lending Officer)
  • Compensation: $221,322
  • Related: $0
  • Other: $16,246
Chris Schlaffman (Vp Commercial Lending Manager)
  • Compensation: $204,159
  • Related: $0
  • Other: $18,906
Matthew Becker (Chief Technology Officer)
  • Compensation: $202,980
  • Related: $0
  • Other: $15,089
Octavio Ryan Lopez (Mortgage Loan Officer)
  • Compensation: $189,231
  • Related: $0
  • Other: $17,266
Shannon Hiller (Chief Marketing Officer)
  • Compensation: $191,906
  • Related: $0
  • Other: $14,044
Ojang Dawoodi (Mabs Sales Representative)
  • Compensation: $162,292
  • Related: $0
  • Other: $13,773
Sheila Bryson (Director Real Estate Lending)
  • Compensation: $164,279
  • Related: $0
  • Other: $8,814
Ian Polley (Vp Of Consumer Lending)
  • Compensation: $144,097
  • Related: $0
  • Other: $15,765
Doug Spring (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alise Haney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Conway (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Zagalo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Jorgenson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Schramm (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Olivas (Vice Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ccculv.org

Where can I find the form 990 for Clark County Credit Union?

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


Official website here: www.ccculv.org

Learn more at the official website: www.ccculv.org

Mission Statement of Clark County Credit Union

Clark County Credit Union, a cooperative with a noble purpose, is organized to encourage thrift and savings among its members. This financial institution, in simpler terms, exists to help individuals manage and save their money effectively. The mission of Clark County Credit Union is two-fold: it aims to promote thrift by assisting members in setting aside funds for future use, and savings by offering attractive interest rates on deposits and competitive rates on loans. The credit union's primary goal is to create a community of savvy savers and financially responsible members.

Clark County Credit Union goes beyond just being a financial institution. It is a cooperative that thrives on the collective success of its members. This means that each member contributes to the overall growth and prosperity of the credit union. By saving and borrowing together, members can enjoy the benefits of a strong, financially stable organization. Moreover, the credit union's mission extends beyond the realm of personal finance, as it empowers individuals to take control of their financial future and build a solid foundation for their economic well-being.

In essence, Clark County Credit Union serves as a financial partner that fosters a culture of saving and responsible borrowing among its members. By providing competitive financial products and services, the credit union helps its members build a better financial future and achieve their financial goals.

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Impact




October, 2024

Clark County Credit Union plays a vital role in promoting thrift and savings within the Las Vegas community. By serving as a cooperative, it empowers its members by providing accessible financial services that foster economic stability and growth. The institution encourages responsible financial behavior, which not only benefits individual members but also contributes to the overall economic health of the region. Through its commitment to member-centric services, Clark County Credit Union enhances the financial literacy and well-being of the community, helping individuals and families achieve their financial goals.




This information is meant to be a general summary of Clark County 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
$52,797,641 (2022)
Expenses
$40,089,207 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,336,126
  • Program Service Revenue: $44,461,515
  • Gross Receipts: $52,797,641

Assets and Liabilities:

  • Total Assets: $1,144,632,634
  • Total Liabilities: $1,029,874,810
  • Net Assets: $114,757,824

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Programs

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

INTEREST - LOANS

Revenue

$31,702,440

INTERCHANGE INCOME

Revenue

$5,875,671

SERVICE & MEMBER FEES

Revenue

$4,097,210

OTHER OPERATING INCOME

Revenue

$1,616,960

GAP INSURANCE

Revenue

$1,169,234

Organization Details

Founding Year

1951

Principal Officer

Matthew Kershaw

Main Address

PO BOX 36490, LAS VEGAS, NV, 89133

NTEE Category

Code: W60 - Public benefit

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