Overview
What is Global Credit Union?
Global Credit Union is a non-profit financial institution based in Spokane, Washington, serving a membership of 46,323 individuals. Established without the intention of generating profit, the organization offers various financial services, including real estate and consumer loans, checking and savings programs, and credit card services. Their mission revolves around mutual aid and cooperation among their members. With a team of 177 employees, Global Credit Union aims to make a difference in the financial lives of its members.
Official website here: www.globalcu.org
Is Global Credit Union legitimate?
Global Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Global 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: $1,633,724
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,019,786
For more financial information, click here
Official website here: www.globalcu.org
What is the mission statement of Global Credit Union?
The Global Credit Union operates as a not-for-profit financial institution, serving the needs of its 46,323 members. Its mission is geared towards providing a range of financial services, encompassing real estate and consumer loans, checking and savings programs, and credit card services. This cooperative venture exists to foster mutual benefits for its members, rather than generating profits for external stakeholders.
Official website here: www.globalcu.org
Who is the CEO of Global Credit Union?
Jack Fallis is the Principal Officer of Global Credit Union. The CEO's salary of Global Credit Union is $809,832 and their total compensation is $842,719.
Official website here: www.globalcu.org
What is the revenue of Global Credit Union?
Global Credit Union's revenue in 2022 was $12,582,433.
Official website here: www.globalcu.org
Who are the executives of Global Credit Union and what are their salaries?
The average compensation at Global Credit Union during 2022 was $37,590. There are 177 employees and 10 volunteers at Global Credit Union.
Here are 14 key members and their salaries (Global Credit Union's CEO's salary is $809,832 and their total compensation is $842,719):
- Compensation: $809,832
- Related: $0
- Other: $32,887
- 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: $231,595
- Related: $0
- Other: $12,694
- Compensation: $200,942
- Related: $0
- Other: $11,336
- Compensation: $167,155
- Related: $0
- Other: $10,355
- Compensation: $146,830
- Related: $0
- Other: $10,101
- Compensation: $143,816
- Related: $0
- Other: $11,588
- Compensation: $124,209
- Related: $0
- Other: $9,277
- Compensation: $123,801
- Related: $0
- Other: $7,044
Official website here: www.globalcu.org
Where can I find the form 990 for Global Credit Union?
Global Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.globalcu.org
Learn more at the official website: www.globalcu.org
Mission Statement of Global Credit Union
Global Credit Union, a not-for-profit organization, is dedicated to serving its 46,323 members by providing them with a range of financial services. The credit union operates on the principle of mutuality, with the primary goal of putting its members' needs before profits.
The financial offerings of Global Credit Union include real estate and various secured and unsecured consumer loans, checking and savings programs, and credit card services. These services cater to the diverse financial needs of its members, enabling them to make informed choices and manage their funds effectively. By offering these financial solutions, Global Credit Union aims to help its members achieve their financial goals and improve their financial well-being.
By operating under the mission of being a credit union without profit, Global Credit Union fosters a community-driven focus, ensuring that its members come first. This commitment to its members is fundamental to the organization's identity, making it an essential resource for individuals seeking financial assistance and guidance.
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Impact
October, 2024
Global Credit Union significantly impacts the community by providing essential financial services to over 46,000 members in Spokane, WA. By offering a range of products, including real estate loans, secured and unsecured consumer loans, checking and savings accounts, and credit card services, the credit union enhances the financial well-being of its members. This support not only facilitates personal financial growth but also fosters a sense of community, as the credit union operates with a focus on mutual benefit rather than profit. Through its various services, Global Credit Union promotes financial inclusion and helps members achieve their economic goals, contributing to the overall economic health of the local area.
This information is meant to be a general summary of Global 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.
- Investment Income: -$4,893,316
- Program Service Revenue: $17,482,479
- Gross Receipts: $50,857,174
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$12,783,447
VISA/DEBIT CARD INCOME
Revenue
$2,173,366
OTHER INCOME
Revenue
$1,344,602
FEE INCOME
Revenue
$1,181,064
Organization Details
Founding Year
1954
Phone
(509) 455-4700Principal Officer
Jack Fallis
Main Address
1500 W FOURTH AVENUE, SPOKANE, WA, 99201
Website
www.globalcu.orgNTEE Category
Code: W60 - Public benefit
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