Sno Falls Credit Union

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

EIN: 910693631 ✦ North bend, WA ✦ Designated as a 501(c)(14)

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Overview

What is Sno Falls Credit Union?

Sno Falls Credit Union is a member-owned and operated financial cooperative, established in 1957 and continuously growing into a comprehensive financial service provider. Its primary mission is to improve the financial well-being of its members, offering a wide range of financial services. The credit union's activity and mission are centered around serving its members effectively.


Official website here: www.snofalls.com

What do the Facebook reviews say about Sno Falls Credit Union?

90% of 11 reviewers on Facebook recommend Sno Falls Credit Union. Here is a summary of their reviews:

Many users express satisfaction with the services offered, particularly highlighting positive experiences with refinancing loans. One reviewer emphasized the ease of refinancing their RV, noting significant savings in the process. This sentiment suggests that Sno Falls Credit Union is successful in delivering valuable financial solutions to its members.

Overall, the reviews indicate a strong sense of trust and appreciation for the organization, with clients finding the service straightforward and beneficial. The consistent praise suggests that Sno Falls Credit Union meets the financial needs of its customers effectively.


This AI summary has been generated from reviews found on Facebook.

Is Sno Falls Credit Union legitimate?

Sno Falls Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Sno Falls 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: $1,107,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $837,647

For more financial information, click here


Official website here: www.snofalls.com

What is the mission statement of Sno Falls Credit Union?

Sno Falls Credit Union, being a member-owned and operated financial cooperative, has a mission to improve the financial well-being of its members. Established in 1957, the credit union has evolved into a comprehensive financial service provider. Its primary objective is to serve its members effectively, providing them with the necessary financial tools and resources. The credit union aims to enhance the financial stability and security of its members, ensuring they can manage their finances efficiently. By prioritizing its members' needs, Sno Falls Credit Union seeks to foster financial growth and prosperity within its community.


Official website here: www.snofalls.com

Who is the CEO of Sno Falls Credit Union?

Tim Williams is the Director of Sno Falls Credit Union. The CEO's salary of Sno Falls Credit Union is $810,040 and their total compensation is $882,338.


Official website here: www.snofalls.com

What is the revenue of Sno Falls Credit Union?

Sno Falls Credit Union's revenue in 2022 was $5,599,032.


Official website here: www.snofalls.com

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

The average compensation at Sno Falls Credit Union during 2022 was $88,420. There are 22 employees and 9 volunteers at Sno Falls Credit Union.


Here are 10 key members and their salaries (Sno Falls Credit Union's CEO's salary is $810,040 and their total compensation is $882,338):


Rob Shogren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
E Steve Collins (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelly Inman (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bart Kelly (Director, Sc Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Meister (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Lawrence (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Barrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Williams (Ceo)
  • Compensation: $810,040
  • Related: $0
  • Other: $72,298
Elizabeth Keating (Cfo)
  • Compensation: $158,216
  • Related: $0
  • Other: $42,500
Abbie Lankford (Cxo)
  • Compensation: $139,344
  • Related: $0
  • Other: $39,759


Official website here: www.snofalls.com

Where can I find the form 990 for Sno Falls Credit Union?

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


Official website here: www.snofalls.com

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

Mission Statement of Sno Falls Credit Union

Sno Falls Credit Union, established in 1957, is a financial cooperative that operates with a mission to enhance the financial well-being of its members. Originating as a member-owned and operated entity, Sno Falls Credit Union has grown into a comprehensive financial service provider. The credit union's purpose is to cater to its members' financial needs, providing them with a wide range of services that contribute to their overall financial stability.

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Impact




October, 2024

Sno Falls Credit Union enhances the financial well-being of its members through a range of services tailored to meet their unique needs. Established in 1957, the credit union has grown into a full-service financial cooperative in North Bend, WA, emphasizing member ownership and participation. By providing accessible banking solutions, competitive rates, and personalized support, Sno Falls fosters a sense of community and empowers individuals to achieve their financial goals. The credit union's commitment to public benefit reflects its dedication to improving the lives of those it serves, creating a positive impact in the region.




This information is meant to be a general summary of Sno Falls 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
$5,599,032 (2022)
Expenses
$5,001,862 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $537,962
  • Program Service Revenue: $4,323,856
  • Gross Receipts: $5,599,032

Assets and Liabilities:

  • Total Assets: $116,102,540
  • Total Liabilities: $109,671,078
  • Net Assets: $6,431,462

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Programs

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

LOAN INTEREST INCOME M

Revenue

$3,210,168

INTERCHANGE

Revenue

$704,800

FEES & CHARGES MEMBERS

Revenue

$377,344

ATM FEES NON-MEMBERS

Revenue

$28,569

AUTO WARRANTIES

Revenue

$2,400

Organization Details

Founding Year

1957

Principal Officer

Tim Williams

Main Address

PO BOX 2510, NORTH BEND, WA, 98045

NTEE Category

Code: W60 - Public benefit

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