Overview
What is Strait-View Credit Union?
Strait-View Credit Union is a nonprofit organization situated in Port Angeles, Washington. With a team of 13 dedicated individuals, its primary mission is to serve its members by operating a credit union on a mutual basis, ensuring no profit is made. The credit union's purpose is to provide financial services to its members, fostering a sense of community and financial well-being. The specific address for this credit union is PO Box 339, Port Angeles, WA 98362.
Is Strait-View Credit Union legitimate?
Strait-View Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Strait-View 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,087,933
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What is the mission statement of Strait-View Credit Union?
Strait-View Credit Union is committed to serving its members with a mission to operate as a credit union for mutual purposes, without the intention of generating profit. This non-profit organization exists to cater to its members' financial needs, working collaboratively towards shared goals. The credit union adheres to its mission statement, ensuring that its operations remain focused on benefiting its members rather than seeking financial gain.
Who is the CEO of Strait-View Credit Union?
Lisa A Roening is the President/Board Treasurer of Strait-View Credit Union.
What is the revenue of Strait-View Credit Union?
Strait-View Credit Union's revenue in 2022 was $3,759,977.
Who are the executives of Strait-View Credit Union and what are their salaries?
The average compensation at Strait-View Credit Union during 2022 was $83,687. There are 13 employees and 12 volunteers at Strait-View Credit Union.
Here are 12 key members and their salaries:
- Compensation: $184,735
- Related: $0
- Other: $9,135
- Compensation: $154,321
- Related: $0
- Other: $8,167
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Strait-View Credit Union?
Strait-View Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Strait-View Credit Union
Strait-View Credit Union is dedicated to serving its members with a mission that is both noble and selfless. This financial institution operates with the primary objective of promoting collective financial well-being, ensuring that its operations remain profitable-free. By upholding this commitment, Strait-View Credit Union stands out as an organization that prioritizes the needs of its members above its own financial gain. This philanthropic approach to banking sets it apart in the financial sector.
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Impact
October, 2024
Strait-View Credit Union significantly impacts the Port Angeles community by providing financial services designed to promote mutual benefit among its members. By operating as a credit union without profit motives, it prioritizes the financial wellbeing of its members over generating excess revenue. This approach fosters a sense of community ownership and support, encouraging local economic growth and empowering individuals through accessible financial products and services. Strait-View Credit Union's commitment to public benefit enhances the overall financial literacy and stability of its members, contributing to a stronger and more resilient local economy.
This information is meant to be a general summary of Strait-View 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 2022.
- Program Service Revenue: $3,759,977
- Gross Receipts: $3,759,977
Assets and Liabilities:
- Total Assets: $104,371,426
- Total Liabilities: $362,783
- Net Assets: $104,008,643
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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
$3,078,640
Fee Income
Revenue
$153,369
Other Operating Income
Revenue
$527,968
Organization Details
Founding Year
1939
Phone
(360) 452-3883Principal Officer
Lisa A Roening
Main Address
PO Box 339, Port Angeles, WA, 98362
NTEE Category
Code: W60 - Public benefit
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