Blue Mountain Credit Union

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

EIN: 910722102 ✦ College place, WA ✦ Designated as a 501(c)(14)

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Overview

What is Blue Mountain Credit Union?

Blue Mountain Credit Union is a community-focused financial institution situated in College Place, Washington. With a strong commitment to its members, the credit union operates in accordance with the Washington State Credit Union Act. By offering a range of financial services, it aims to cater to the financial needs of its members effectively. Currently, the credit union employs a team of 10 individuals, demonstrating its dedication to serving its community.


Official website here: www.bmcu.net

Is Blue Mountain Credit Union legitimate?

Blue Mountain Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Blue Mountain 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: $204,009
Professional Fundraising Fees: $0
Other Salaries and Wages: $404,820

For more financial information, click here


Official website here: www.bmcu.net

What is the mission statement of Blue Mountain Credit Union?

Blue Mountain Credit Union is committed to delivering financial services to its members in alignment with the guidelines set by the Washington State Credit Union Act. Their primary objective is to cater to the financial needs of their members, ensuring compliance with the aforementioned act. This institution serves as a reliable financial resource for its members, providing them with various financial services.


Official website here: www.bmcu.net

Who is the CEO of Blue Mountain Credit Union?

Unavailable The CEO's salary of Blue Mountain Credit Union is $204,009 and their total compensation is $204,009.


Official website here: www.bmcu.net

What is the revenue of Blue Mountain Credit Union?

Blue Mountain Credit Union's revenue in 2022 was $2,311,126.


Official website here: www.bmcu.net

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

The average compensation at Blue Mountain Credit Union during 2022 was $60,883. There are 10 employees and 7 volunteers at Blue Mountain Credit Union.


Here are 6 key members and their salaries (Blue Mountain Credit Union's CEO's salary is $204,009 and their total compensation is $204,009):


James Drake (President/Ceo)
  • Compensation: $204,009
  • Related: $0
  • Other: $0
Joann Wiggins (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Brookins (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Rodriguez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Gomez (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darral Payne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bmcu.net

Where can I find the form 990 for Blue Mountain Credit Union?

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


Official website here: www.bmcu.net

Learn more at the official website: www.bmcu.net

Mission Statement of Blue Mountain Credit Union

Blue Mountain Credit Union is dedicated to serving its members by providing financial services in alignment with the Washington State Credit Union Act. This mission statement implies that the credit union is committed to offering financial services to its members in a manner that adheres to the regulations set forth by the Washington State Credit Union Act. By doing so, Blue Mountain Credit Union aims to meet the financial needs of its members in a responsible and reliable manner.

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Impact




October, 2024

Blue Mountain Credit Union plays a crucial role in the financial well-being of its members by offering a range of financial services designed to meet their needs. Operating in College Place, WA, the credit union adheres to the guidelines established by the Washington State Credit Union Act, ensuring that its practices are compliant and beneficial to the community it serves.

By focusing on member-centric financial solutions, Blue Mountain Credit Union provides access to banking services that empower individuals and families to manage their finances effectively. This contributes to the overall economic stability of the region, fostering a more financially literate and supportive community. Their commitment to public benefit is evident in the emphasis on serving the interests of their members, promoting a collaborative approach to building financial security and community engagement.




This information is meant to be a general summary of Blue Mountain 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
$2,311,126 (2022)
Expenses
$1,854,596 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,311,126
  • Gross Receipts: $2,311,126

Assets and Liabilities:

  • Total Assets: $53,556,289
  • Total Liabilities: $125,356
  • Net Assets: $53,430,933

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Programs

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

Loan Interest from Members

Revenue

$1,782,931

Account Fees

Revenue

$112,797

Misc Program Service Revenue

Revenue

$166,925

Div & Interest from CD's

Revenue

$248,473

Organization Details

Founding Year

1959

Main Address

520 S COLLEGE AVE, COLLEGE PLACE, WA, 99324

NTEE Category

Code: W60 - Public benefit

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