Gesa Credit Union

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

EIN: 910616262 ✦ Richland, WA ✦ Designated as a 501(c)(14)

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Overview

What is Gesa Credit Union?

Gesa Credit Union is a financial institution based in Richland, Washington, serving over 285,000 members. They offer a wide array of competitively priced loan products, catering to various needs such as autos, recreational vehicles, marine equipment, first mortgages, home equity, credit cards, commercial loans, and both secured and unsecured loans. By providing these services, members have access to a broad range of financial tools, enabling them to prosper. The credit union's mission is to offer cost-effective financial solutions.


Official website here: www.gesa.com

Is Gesa Credit Union legitimate?

Gesa Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Gesa 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: $5,240,338
Professional Fundraising Fees: $0
Other Salaries and Wages: $49,489,687

For more financial information, click here


Official website here: www.gesa.com

What is the mission statement of Gesa Credit Union?

Gesa Credit Union is committed to providing its members with a diverse array of financial products and services that enable them to thrive. The credit union offers competitively priced loans, including those for automobiles, recreational vehicles, marine equipment, and homes, as well as credit cards, commercial loans, and various secured and unsecured loans. By granting access to this broad range of financial solutions, Gesa Credit Union empowers its members to prosper.


Official website here: www.gesa.com

Who is the CEO of Gesa Credit Union?

Don C Miller is the President/Ceo of Gesa Credit Union. The CEO's salary of Gesa Credit Union is $1,777,884 and their total compensation is $2,506,196.


Official website here: www.gesa.com

What is the revenue of Gesa Credit Union?

Gesa Credit Union's revenue in 2022 was $219,180,132.


Official website here: www.gesa.com

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

The average compensation at Gesa Credit Union during 2022 was $52,474. There are 1043 employees and 2 volunteers at Gesa Credit Union.


Here are 24 key members and their salaries (Gesa Credit Union's CEO's salary is $1,777,884 and their total compensation is $2,506,196):


Gregg Andrews (Chairman Of The Board)
  • Compensation: $25,750
  • Related: $0
  • Other: $0
Geof Griebel (Vice Chairman Of The Board)
  • Compensation: $18,750
  • Related: $0
  • Other: $0
Andrew Austin (Secretary)
  • Compensation: $18,750
  • Related: $0
  • Other: $0
Bill Bonaudi (Director)
  • Compensation: $3,750
  • Related: $0
  • Other: $0
Ben Basson (Director)
  • Compensation: $18,750
  • Related: $0
  • Other: $0
Manuel Chavallo (Director)
  • Compensation: $18,750
  • Related: $0
  • Other: $0
Linda Cowan (Director)
  • Compensation: $18,750
  • Related: $0
  • Other: $0
Robert Follett (Director)
  • Compensation: $22,500
  • Related: $0
  • Other: $0
William Melberg (Director)
  • Compensation: $18,750
  • Related: $0
  • Other: $0
Rich Rutkowski (Director)
  • Compensation: $18,750
  • Related: $0
  • Other: $0
Brett Spooner (Director)
  • Compensation: $21,663
  • Related: $0
  • Other: $0
Peter Smith (Director)
  • Compensation: $19,587
  • Related: $0
  • Other: $0
Martin Valadez Torres (Director)
  • Compensation: $22,500
  • Related: $0
  • Other: $0
Don C Miller (President/Ceo)
  • Compensation: $1,777,884
  • Related: $0
  • Other: $728,312
Aproniano Labonite (Evp Team Engagement (Thru 06/22))
  • Compensation: $704,857
  • Related: $0
  • Other: $17,807
Richard Waddle (Evp Accounting & Finance)
  • Compensation: $430,236
  • Related: $0
  • Other: $52,784
Cheryl Brown (Evp Of Member Support & Service)
  • Compensation: $320,564
  • Related: $0
  • Other: $64,901
Keven Gray (Evp Of Member Fulfillment)
  • Compensation: $319,807
  • Related: $0
  • Other: $74,009
Cheryl Adamson (Evp Of Legal & Administration)
  • Compensation: $249,962
  • Related: $0
  • Other: $52,993
Andrew Chung (Vp Of It)
  • Compensation: $441,797
  • Related: $0
  • Other: $46,972
Huey Wang (Vp Of Core Operations)
  • Compensation: $416,099
  • Related: $0
  • Other: $32,453
Adrian Smasne (Vp Home Loans)
  • Compensation: $371,108
  • Related: $0
  • Other: $32,800
Gregory Partch (Commercial Loan Officer)
  • Compensation: $349,074
  • Related: $0
  • Other: $22,345
Richard Fisher (Commercial Loan Officer)
  • Compensation: $328,545
  • Related: $0
  • Other: $47,452


Official website here: www.gesa.com

Where can I find the form 990 for Gesa Credit Union?

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


Official website here: www.gesa.com

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

Mission Statement of Gesa Credit Union

Gesa Credit Union, with its member-centric approach, is dedicated to offering a comprehensive range of financially sound and competitively priced loan products to its ever-growing membership base of 285,115 individuals. This not-for-profit financial cooperative goes beyond basic banking services, empowering its members to prosper through a diverse array of financial solutions.

At the core of Gesa Credit Union's mission lies the belief that members should have access to a broad spectrum of financial products and services designed to enrich their lives. The organization takes pride in its extensive loan portfolio, which includes, but is not limited to, car loans, RV loans, marine equipment loans, first mortgages, home equity loans, credit card loans, commercial loans, and a variety of secured and unsecured loans. By catering to the diverse financial needs of its members, Gesa Credit Union fosters an environment of growth and prosperity.

In simple terms, Gesa Credit Union is committed to providing its members with the necessary financial tools to help them build a solid foundation for their future. Through its commitment to competitive pricing and a broad range of offerings, the organization aims to ensure that every member has the opportunity to flourish and achieve their financial goals.

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Impact




October, 2024

Gesa Credit Union has a significant impact on the financial well-being of its members, serving 285,115 individuals by providing a comprehensive range of financial services. These services include auto and other secured and unsecured consumer loans, checking and savings programs, and credit card offerings. By offering competitively priced loan products, Gesa empowers its members to make informed financial decisions that align with their personal and economic goals.

The union provides specialized loan options such as auto loans, RV and marine equipment financing, first mortgages, home equity loans, and commercial loans. This broad spectrum of financial products ensures that members have access to the necessary resources to thrive financially. Gesa's commitment to delivering a diverse array of services at justifiable costs enables members to pursue their aspirations confidently. The impact extends beyond individual financial stability, contributing to the overall economic health of the Richland, WA community and beyond.




This information is meant to be a general summary of Gesa 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
$219,180,132 (2022)
Expenses
$189,685,535 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,869,026
  • Program Service Revenue: $209,684,292
  • Gross Receipts: $220,624,276

Assets and Liabilities:

  • Total Assets: $5,594,015,267
  • Total Liabilities: $5,104,249,815
  • Net Assets: $489,765,452

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Programs

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

LOAN INTEREST

Revenue

$165,798,818

VISA/DEBIT CARD INCOME

Revenue

$21,798,827

FEES & CHARGES INCOME

Revenue

$18,114,096

OTHER INCOME

Revenue

$3,972,551

Organization Details

Founding Year

1953

Principal Officer

Don C Miller

Main Address

51 GAGE BLVD, RICHLAND, WA, 99352

NTEE Category

Code: W60 - Public benefit

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