Overview
What is Verity Credit Union?
Verity Credit Union is a cooperative organization based on promoting savings among its members. They are committed to improving their members' lives by establishing trust and empowering them financially. This nonprofit aims to foster strong and viable communities.
Official website here: www.veritycu.com
Is Verity Credit Union legitimate?
Verity Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Verity 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,937,102
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,131,823
For more financial information, click here
What is the mission statement of Verity Credit Union?
Verity Credit Union is committed to improving the lives of its members by fostering trust and creating strong relationships. Their mission is to empower members financially and contribute to the development of thriving communities. By focusing on building trusted connections, Verity Credit Union aims to make a positive impact on the lives of its members. They strive to provide financial solutions that meet the unique needs of each individual, enabling them to achieve their financial goals and improve their overall well-being. Additionally, their dedication to promoting strong and viable communities extends beyond their membership base, as they seek to contribute to the social and economic growth of the areas they serve.
Official website here: www.veritycu.com
Who is the CEO of Verity Credit Union?
Brad Tanberg is the Chairperson of Verity Credit Union. The CEO's salary of Verity Credit Union is $551,167 and their total compensation is $572,805.
Official website here: www.veritycu.com
What is the revenue of Verity Credit Union?
Who are the executives of Verity Credit Union and what are their salaries?
The average compensation at Verity Credit Union during 2022 was $58,877. There are 188 employees and 14 volunteers at Verity Credit Union.
Here are 19 key members and their salaries (Verity Credit Union's CEO's salary is $551,167 and their total compensation is $572,805):
- Webb Tonita (President - Ceo)
- Tanberg Brad (Chief Financial Officer)
- Narron Tina (Chief Lending Officer)
- Benner John (Director Of Small Business)
- Hirl Jason (Chief Technology Officer)
- Lowe Angela (Chief Human Resource Officer)
- Butler Ken (Director Of Investment Services)
- Sidell Josh (Chief Experience Officer)
- Vermilion Greg (Director Of It)
- Mcjannet Paul (Director Of E-Commerce)
- Lee Jae Ho (Director Of Research (Thru 10/22))
- Martin Justin W (Executive Vice President (Thru 1/22))
- Nancy Woodland (Chairperson) [Trustee/Director]
- Michelle Pham (Vice Chairperson) [Trustee/Director]
- Nicholas Etscheid (Board Secretary) [Trustee/Director]
- Vikash Chhagan (Board Member) [Trustee/Director]
- Michael Grenetz (Board Member) [Trustee/Director]
- Chad Klemme (Board Member) [Trustee/Director]
- Pelin Muharremoglu (Board Member) [Trustee/Director]
Official website here: www.veritycu.com
Where can I find the form 990 for Verity Credit Union?
The Verity Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.veritycu.com
Learn more at the official website: www.veritycu.com
Mission Statement of Verity Credit Union
Verity Credit Union, a cooperative organization, sets out to promote thrift and savings among its members. In doing so, this financial institution aims to make a positive impact on the lives of its members. It aspires to go beyond mere financial transactions, focusing instead on building trusted relationships. By empowering its members financially, Verity Credit Union believes it can help them navigate the complexities of money management and secure a better financial future.
Moreover, Verity Credit Union is deeply committed to strengthening and enriching the communities it serves. It recognizes the importance of financial well-being in creating strong, vibrant communities. Through its mission to empower financial lives, the credit union contributes to the overall social and economic development of the areas it operates in.
In summary, Verity Credit Union is more than just a financial institution. It is a trusted partner, dedicated to enhancing the lives of its members by fostering strong relationships and providing financial empowerment. By promoting savings and thrift and focusing on the needs of its communities, Verity Credit Union plays a vital role in fostering financial stability and overall well-being.
Impact
This information is meant to be a general summary of Verity Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Verity Credit Union's impact is centered around enhancing the lives of its members by creating trusted relationships, empowering their financial lives, and promoting strong and viable communities. Through its cooperative structure, Verity aims to promote thrift and savings among its members, ultimately contributing to financial stability and well-being. By fostering a sense of community and providing financial empowerment, Verity Credit Union plays a vital role in helping individuals achieve their financial goals and build a secure future.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$30,383,464
INTERCHANGE INCOME
Revenue
$3,631,442
FEES AND CHARGES
Revenue
$3,385,770
SUBSIDIARY INCOME
Revenue
$-834,357
Organization Details
Founding Year
1933
Phone
(800) 444-4589
Principal Officer
Brad Tanberg
Main Address
11027 MERIDIAN AVENUE NORTH, SEATTLE, WA, 98133
Website
www.veritycu.com
NTEE Category
Code: W60 - Public benefit
If you are a representative of Verity Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.