Columbia Community Credit Union

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

EIN: 910617775 ✦ Vancouver, WA ✦ Designated as a 501(c)(14)

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Overview

What is Columbia Community Credit Union?

Columbia Community Credit Union is a Washington state-chartered financial cooperative based in Vancouver, WA, with membership open to residents in both Washington and Oregon. Regulated by the Washington State Department of Financial Institutions and the Oregon Department of Consumer & Business Services, it offers deposit insurance through the National Credit Union Share Insurance Fund. The credit union's primary objective is to foster thrift among its members and provide them with access to credit at reasonable rates. The organization goes beyond financial services, acting as a strong member-focused cooperative by offering quality services, caring for members, and enhancing the communities it serves through volunteerism and leadership. With a workforce of 399 employees, Columbia Community Credit Union brings people together to improve their lives and their communities.


Official website here: www.columbiacu.org

Is Columbia Community Credit Union legitimate?

Columbia Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Columbia Community 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: $4,912,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,488,613

For more financial information, click here


Official website here: www.columbiacu.org

What is the mission statement of Columbia Community Credit Union?

Columbia Community Credit Union operates as a cooperative to improve the lives of its members and their communities. Its mission is to bring people together, offering quality services and products that meet their needs, while showing care at every interaction. The credit union's primary goal is promoting thrift and creating a reliable source of credit for its members at fair interest rates. By volunteering and taking leadership roles, the credit union enhances the communities it serves.


Official website here: www.columbiacu.org

Who is the CEO of Columbia Community Credit Union?

Lindsey Salvestrin is the President Ceo of Columbia Community Credit Union. The CEO's salary of Columbia Community Credit Union is $786,137 and their total compensation is $1,172,657.


Official website here: www.columbiacu.org

What is the revenue of Columbia Community Credit Union?

Columbia Community Credit Union's revenue in 2022 was $91,416,897.


Official website here: www.columbiacu.org

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

The average compensation at Columbia Community Credit Union during 2022 was $63,661. There are 399 employees at Columbia Community Credit Union.


Here are 24 key members and their salaries (Columbia Community Credit Union's CEO's salary is $786,137 and their total compensation is $1,172,657):


Stephon D Kenny (President Ceo)
  • Compensation: $786,137
  • Related: $0
  • Other: $386,520
Mark C Michaels (Svp Chief Information Officer)
  • Compensation: $434,228
  • Related: $0
  • Other: $58,046
Lindsey R Salvestrin (Svp Chief Operations Officer)
  • Compensation: $387,134
  • Related: $0
  • Other: $161,558
Marc T Timm (Svp Chief Credit And Lending Officer)
  • Compensation: $392,388
  • Related: $0
  • Other: $106,140
James B Wood Iii (Svp Chief Hr Officer)
  • Compensation: $320,011
  • Related: $0
  • Other: $105,874
Holly Mecalis (Indirect Loan Sales Representative)
  • Compensation: $313,169
  • Related: $0
  • Other: $32,629
Joseph I Storm (Vp Director Comrcl & Bus)
  • Compensation: $328,265
  • Related: $0
  • Other: $17,434
Penny R Harris (Svp Chief Financial Officer)
  • Compensation: $285,775
  • Related: $0
  • Other: $100,701
Wendy Smith (Svp Chief Risk Officer)
  • Compensation: $287,725
  • Related: $0
  • Other: $103,248
Michael D Florea (Svp Chief Data Officer)
  • Compensation: $271,105
  • Related: $0
  • Other: $124,235
Colleen Boccia (Svp Chief Marketing Officer)
  • Compensation: $269,270
  • Related: $0
  • Other: $116,710
Carlene Hoff (Indirect Loan Sales Representative)
  • Compensation: $228,221
  • Related: $0
  • Other: $28,971
Jeffrey W Day (Home Loan Officer)
  • Compensation: $230,816
  • Related: $0
  • Other: $19,960
Jeffrey Mclauchlin (Vp Development Security Operations)
  • Compensation: $217,375
  • Related: $0
  • Other: $31,465
Kelly Love (Director (Thru 7/22))
  • Compensation: $27,803
  • Related: $0
  • Other: $0
Joseph Vance (Board Director Chair)
  • Compensation: $26,714
  • Related: $0
  • Other: $0
Max Ault (Secretary)
  • Compensation: $24,618
  • Related: $0
  • Other: $0
Carol Van Natta (Director Vice Chair)
  • Compensation: $23,159
  • Related: $0
  • Other: $0
Eric Sawyer (Director)
  • Compensation: $21,891
  • Related: $0
  • Other: $0
Marci White-Stumpf (Director)
  • Compensation: $20,945
  • Related: $0
  • Other: $0
Julianna Marler (Director)
  • Compensation: $20,593
  • Related: $0
  • Other: $0
Tracey Malone (Director)
  • Compensation: $20,405
  • Related: $0
  • Other: $0
Dena Strong (Treasurer)
  • Compensation: $18,696
  • Related: $0
  • Other: $0
Tim Schauer (Director)
  • Compensation: $10,538
  • Related: $0
  • Other: $0


Official website here: www.columbiacu.org

Where can I find the form 990 for Columbia Community Credit Union?

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


Official website here: www.columbiacu.org

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

Mission Statement of Columbia Community Credit Union

Columbia Community Credit Union, a Washington and Oregon-based financial cooperative, is dedicated to bringing people together to enhance their lives and their communities. With a strong commitment to member needs, the credit union provides quality services and products, caring for members at every interaction. In the spirit of community empowerment, Columbia Community Credit Union goes beyond financial services, engaging in volunteerism and leadership to make a positive impact.

The mission of Columbia Community Credit Union is multifaceted. Its primary purpose is to promote thrift among its members by encouraging savings and providing affordable credit at fair rates. However, the credit union's scope extends far beyond financial transactions. By fostering a sense of unity and cooperation among its members, it creates a supportive network that allows individuals to improve their financial situations and better themselves.

Columbia Community Credit Union is more than just a financial institution; it is a hub for community engagement and growth. With a focus on enhancing lives, the credit union is regulated by both the Washington State Department of Financial Institutions and the Oregon Department of Consumer & Business Services, ensuring members' deposits are insured by the National Credit Union Share Insurance Fund. Through its volunteer and leadership efforts, Columbia Community Credit Union plays a pivotal role in enriching the lives of its members and contributing to the overall wellbeing of the communities it serves.

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Impact




October, 2024

Columbia Community Credit Union plays a vital role in enhancing the financial well-being of its members and the communities it serves. By prioritizing quality services and products, the credit union addresses the unique needs of its members, helping them achieve financial stability and prosperity.

Through a commitment to exceptional member care, Columbia Community Credit Union fosters strong relationships, ensuring that every interaction is meaningful and supportive. This dedication extends beyond individual members to the broader community, where the credit union actively engages in volunteerism and provides leadership to drive positive change.

Located in Vancouver, WA, with a service area that spans Washington and Oregon, Columbia Community Credit Union is committed to promoting thrift and offering fair and reasonable credit options. By encouraging responsible financial practices and providing accessible resources, the credit union empowers its members to improve their lives and contribute positively to their communities.

Overall, Columbia Community Credit Union's impact is reflected in its mission to bring people together, enhance their financial well-being, and strengthen the communities they inhabit.




This information is meant to be a general summary of Columbia Community 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
$91,416,897 (2022)
Expenses
$65,808,473 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,255,569
  • Program Service Revenue: $81,161,328
  • Gross Receipts: $91,437,629

Assets and Liabilities:

  • Total Assets: $2,296,501,925
  • Total Liabilities: $2,082,097,000
  • Net Assets: $214,404,925

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Programs

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

INT & FEES ON LOANS

Revenue

$60,363,076

ATM INCOME

Revenue

$9,159,806

FEES & SERVICE CHARGES

Revenue

$7,403,091

MISC OPERATING INCOME

Revenue

$2,511,577

GAIN ON SALE OF LOANS

Revenue

$1,723,778

Organization Details

Founding Year

1952

Principal Officer

Lindsey Salvestrin

Main Address

PO BOX 324, VANCOUVER, WA, 98666

NTEE Category

Code: W60 - Public benefit

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