Numerica Credit Union

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

EIN: 910863377 ✦ Spokane valley, WA ✦ Designated as a 501(c)(14)

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Overview

What is Numerica Credit Union?

Numerica Credit Union, located at 14610 E Sprague Avenue in Spokane Valley, Washington, is a prominent financial institution serving 171,803 members. Beyond offering traditional banking services such as real estate and consumer loans, they also cater to businesses. Their operations encompass checking and savings programs, as well as credit card services. The fundamental mission of this credit union is to operate without profit for the mutual benefit of its members. With a workforce of 885 employees, Numerica Credit Union strives to provide financial solutions tailored to its members' needs.


Official website here: www.numericacu.com

Is Numerica Credit Union legitimate?

Numerica Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Numerica 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: $9,332,977
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,358,712

For more financial information, click here


Official website here: www.numericacu.com

What is the mission statement of Numerica Credit Union?

Numerica Credit Union is a not-for-profit financial institution, dedicated to serving the needs of its 171,803 members. Its mission is to operate without generating profits, focusing instead on mutual benefits for its members. The credit union offers a range of financial services, encompassing real estate and secured/unsecured loans for consumers and businesses, checking and savings programs, and credit card services. The primary goal of Numerica Credit Union is to provide essential financial resources to its members, fostering financial growth and stability within its community.


Official website here: www.numericacu.com

Who is the CEO of Numerica Credit Union?

Ben Richardson is the Chair of Numerica Credit Union. The CEO's salary of Numerica Credit Union is $1,611,854 and their total compensation is $1,646,582.


Official website here: www.numericacu.com

What is the revenue of Numerica Credit Union?

Numerica Credit Union's revenue in 2022 was $175,521,623.


Official website here: www.numericacu.com

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

The average compensation at Numerica Credit Union during 2022 was $65,188. There are 885 employees and 15 volunteers at Numerica Credit Union.


Here are 34 key members and their salaries (Numerica Credit Union's CEO's salary is $1,611,854 and their total compensation is $1,646,582):


Hupp Ron (Chair)
  • Compensation: $31,588
  • Related: $0
  • Other: $0
Mortensen Wes (Vice Chair (Thru 4/22), Director)
  • Compensation: $27,816
  • Related: $0
  • Other: $0
Clark Scott (Director)
  • Compensation: $24,989
  • Related: $0
  • Other: $0
Smith Yvonne (Director)
  • Compensation: $20,861
  • Related: $0
  • Other: $0
Plumb Scott (Secretary (From 4/22))
  • Compensation: $18,572
  • Related: $0
  • Other: $0
Benson Adam (Director)
  • Compensation: $17,323
  • Related: $0
  • Other: $0
Nielsen Susan (Secretary (Thru 4/22), Director)
  • Compensation: $15,615
  • Related: $0
  • Other: $0
Kamkosi Christina (Director)
  • Compensation: $11,568
  • Related: $0
  • Other: $0
Ochoa-Bruck Gloria (Vice Chair (From 4/22))
  • Compensation: $11,539
  • Related: $0
  • Other: $0
Cicero Carla (President/Ceo)
  • Compensation: $1,611,854
  • Related: $0
  • Other: $34,728
Sherman Nicole (Chief Operations Officer)
  • Compensation: $557,470
  • Related: $0
  • Other: $33,900
Ferguson Kelley (Chief Administration Officer)
  • Compensation: $497,478
  • Related: $0
  • Other: $18,263
Plank Kenneth (Chief Lending Officer)
  • Compensation: $460,776
  • Related: $0
  • Other: $34,696
Ciani Lynn (Chief Risk Officer)
  • Compensation: $459,106
  • Related: $0
  • Other: $34,605
Richardson Ben (Chief Financial Officer)
  • Compensation: $419,992
  • Related: $0
  • Other: $33,573
Hansen Greg (Evp Credit Administration)
  • Compensation: $457,019
  • Related: $0
  • Other: $84,144
Clute Troy (Svp Hlc, Dealer Services, & Retail)
  • Compensation: $365,623
  • Related: $0
  • Other: $32,162
O'Callaghan Jennifer (Svp Of Marketing And Analytics)
  • Compensation: $349,583
  • Related: $0
  • Other: $31,265
Melcher Joshua (Svp Of Business Services)
  • Compensation: $351,058
  • Related: $0
  • Other: $26,243
Pearman- Gillman Kim (Svp Equity & Community Development)
  • Compensation: $325,710
  • Related: $0
  • Other: $40,992
Almond Nancy (Svp Program Manager - Nfs)
  • Compensation: $344,462
  • Related: $0
  • Other: $17,350
Murray Kaycee (Svp Information Technology)
  • Compensation: $323,843
  • Related: $0
  • Other: $36,327
Stirling Andy (Svp Of Central Washington Region)
  • Compensation: $342,917
  • Related: $0
  • Other: $14,077
Weis Karen (Svp Risk)
  • Compensation: $321,674
  • Related: $0
  • Other: $34,663
Fox Mark (Svp Payment Services & Digital)
  • Compensation: $294,855
  • Related: $0
  • Other: $28,245
Kayser Karin (Svp Digital Experience & Engagement)
  • Compensation: $282,635
  • Related: $0
  • Other: $33,142
Skinfill Lindsey (Svp People Potential)
  • Compensation: $261,042
  • Related: $0
  • Other: $28,245
Miller Marci (Svp Retail Experience & Engagement)
  • Compensation: $239,673
  • Related: $0
  • Other: $29,201
Clabby Jaclyn (Svp General Counsel)
  • Compensation: $239,484
  • Related: $0
  • Other: $21,034
Chamberlin Bryce (Vp Private Banking Team Leader)
  • Compensation: $414,759
  • Related: $0
  • Other: $26,344
Pearse Daniel (Vp Regional Commercial Banking)
  • Compensation: $269,133
  • Related: $0
  • Other: $30,740
Berdar Clifford (Hlc Sales Manager)
  • Compensation: $247,540
  • Related: $0
  • Other: $19,923
Asan Geoffrey (Vp Commercial Banking Team Leader)
  • Compensation: $225,699
  • Related: $0
  • Other: $20,409
Madsen Rusty (Vp Retail Experience)
  • Compensation: $219,211
  • Related: $0
  • Other: $25,622


Official website here: www.numericacu.com

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

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


Official website here: www.numericacu.com

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

Mission Statement of Numerica Credit Union

Numerica Credit Union, a not-for-profit financial institution, is dedicated to serving its membership of 171,803 individuals. In line with its mission statement, the credit union aims to provide a diverse range of financial services beyond the pursuit of profit.

Established on the principle of mutuality, Numerica Credit Union offers various financial products tailored to meet the needs of its members. These services encompass secure and unsecured consumer and business loans, checking and savings programs, and credit card services. The credit union's commitment to its members extends beyond the provision of financial services, as it operates with a people-first approach.

Numerica Credit Union is more than just a financial institution; it is a cooperative committed to empowering its members to improve their financial well-being. By providing access to essential banking services, the credit union plays a vital role in enabling its members to achieve their financial goals. With a member-owned structure, the credit union's decisions are based on the collective interests of its membership, ensuring that the organization remains accountable and responsive to the needs of its community.

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Impact




October, 2024

Numerica Credit Union significantly impacts its community by providing essential financial services to over 171,800 members in Spokane Valley, WA. It offers a wide range of products, including real estate loans, consumer and business loans, checking and savings accounts, and credit card services. By focusing on mutual support, Numerica enhances the financial well-being of its members while fostering economic growth and stability in the region. The organization’s commitment to its members drives its mission to serve the public good, ensuring accessible and affordable financial solutions for all.




This information is meant to be a general summary of Numerica 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
$175,521,623 (2022)
Expenses
$139,888,212 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,980,528
  • Program Service Revenue: $167,541,095
  • Gross Receipts: $206,557,560

Assets and Liabilities:

  • Total Assets: $3,779,281,652
  • Total Liabilities: $3,464,788,666
  • Net Assets: $314,492,986

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Programs

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

INTEREST ON LOANS

Revenue

$121,305,406

FEE INCOME

Revenue

$45,984,522

GAIN ON SALE OF LOANS

Revenue

$251,167

Organization Details

Founding Year

1937

Principal Officer

Ben Richardson

Main Address

14610 E SPRAGUE AVENUE, SPOKANE VALLEY, WA, 992162146

NTEE Category

Code: W60 - Public benefit

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