Credit Unions In The State Of Washington

Mill Town Credit Union

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

EIN: 910417045 ✦ Everett, WA ✦ Designated as a 501(c)(14)

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Overview

What is Credit Unions In The State Of Washington?

Credit Unions In The State Of Washington, identified as Mill Town Credit Union, is a nonprofit organization situated in Everett, Washington. With a mission to serve its members, the credit union offers a variety of loan options at competitive interest rates, including mortgages, auto loans, home improvement, and personal loans. Specifically catering to former employees of Kimberly-Clark Corporation and the state of Washington, Mill Town Credit Union has a membership of 3274 individuals. The financial institution operates with the support of 14 volunteers and 13 full or part-time employees, providing essential financial services such as loans and savings programs.


Official website here: www.milltowncu.org

Is Credit Unions In The State Of Washington legitimate?

Credit Unions In The State Of Washington is a legitimate nonprofit organization registered as a 501(c)(14) entity. Credit Unions In The State Of Washington 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: $145,792
Professional Fundraising Fees: $0
Other Salaries and Wages: $503,571

For more financial information, click here


Official website here: www.milltowncu.org

What is the mission statement of Credit Unions In The State Of Washington?

Credit Unions In The State of Washington's mission is to serve a membership of approximately 3274 individuals, primarily former employees of Kimberly-Clark Corporation and residents of Washington. Their primary objective is to provide financial services, which include loans and savings programs. This is achieved through the dedication of 14 volunteers, non-paid workers, and thirteen full or part-time employees. The credit union offers various types of loans, such as mortgages, automobiles, home improvements, and personal loans, at interest rates that are better than market rates for its members.


Official website here: www.milltowncu.org

Who is the CEO of Credit Unions In The State Of Washington?

Cindy Kyle is the 2022 Ceo of Credit Unions In The State Of Washington. The CEO's salary of Credit Unions In The State Of Washington is $140,023 and their total compensation is $145,793.


Official website here: www.milltowncu.org

What is the revenue of Credit Unions In The State Of Washington?

Credit Unions In The State Of Washington's revenue in 2022 was $2,585,096.


Official website here: www.milltowncu.org

Who are the executives of Credit Unions In The State Of Washington and what are their salaries?

The average compensation at Credit Unions In The State Of Washington during 2022 was $38,198. There are 17 employees and 14 volunteers at Credit Unions In The State Of Washington.


Here are 8 key members and their salaries (Credit Unions In The State Of Washington's CEO's salary is $140,023 and their total compensation is $145,793):


Laura Leuze (2022 Ceo)
  • Compensation: $140,023
  • Related: $0
  • Other: $5,770
Kit Andreason (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Wallace (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Harness (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Norcott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roxanne Olason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Maddy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelli Kuehn-Gilbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.milltowncu.org

Where can I find the form 990 for Credit Unions In The State Of Washington?

Credit Unions In The State Of Washington's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.milltowncu.org

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

Mission Statement of Credit Unions In The State Of Washington

Credit Unions in the State of Washington, a nonprofit organization, is committed to serving its 3274 members, primarily former employees of Kimberly-Clark Corporation and the state of Washington. Their primary mission is to provide a range of financial services, including loans and savings programs. This mission is carried out by a dedicated workforce consisting of 14 volunteers, non-paid workers, and thirteen full or part-time employees.

The organization prides itself on offering loans to its members at interest rates that are better than the market average. These loans cater to various needs, encompassing mortgage, auto, home improvement, and personal loans. By providing these services, Credit Unions in the State of Washington aims to support its members financially, contributing to their overall well-being.

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Impact




October, 2024

Credit Unions in the State of Washington significantly contribute to the financial well-being of its members, especially serving former employees of Kimberly-Clark Corporation and residents of Washington. With a focus on providing accessible credit union services, they have issued 1,597 loans to members at interest rates better than the market average. This includes a diverse range of loan products such as mortgages, auto loans, home improvement loans, and personal loans, helping members achieve their financial goals.

The credit union serves a community of 3,274 members, offering essential financial services like savings programs alongside its loan offerings. The dedication of 14 volunteers and 13 part-time or full-time employees facilitates the delivery of these services, ensuring that members receive personalized support and guidance. Overall, Credit Unions in the State of Washington play a vital role in enhancing the financial health and stability of their community.




This information is meant to be a general summary of Credit Unions In The State Of Washington. 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
$2,585,096 (2022)
Expenses
$2,017,046 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $112,885
  • Program Service Revenue: $2,472,211
  • Gross Receipts: $2,585,096

Assets and Liabilities:

  • Total Assets: $63,140,828
  • Total Liabilities: $518,272
  • Net Assets: $62,622,556

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Programs

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

Interest payments on loans

Revenue

$2,255,390

Fees paid for services

Revenue

$216,821

Organization Details

Founding Year

1939

Principal Officer

Cindy Kyle

Main Address

3102 Broadway, Everett, WA, 98201

NTEE Category

Code: W60 - Public benefit

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