Avista Corp Credit Union

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

EIN: 916033165 ✦ Spokane, WA ✦ Designated as a 501(c)(14)

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Overview

What is Avista Corp Credit Union?

Avista Corp Credit Union is a nonprofit organization situated in Spokane, Washington. With a focus on financial services, they cater to a membership of 3,648 individuals. Their offerings extend beyond basic banking, encompassing secured and unsecured consumer loans, including real estate financing, as well as various savings programs. Their mission is centered around providing these financial services to their members, aiming to support their financial needs and goals.


Official website here: www.avistacu.com

Is Avista Corp Credit Union legitimate?

Avista Corp Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Avista Corp 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: $151,173
Professional Fundraising Fees: $0
Other Salaries and Wages: $238,364

For more financial information, click here


Official website here: www.avistacu.com

What is the mission statement of Avista Corp Credit Union?

Avista Corp Credit Union's primary mission is to offer financial services to its members. These services extend to providing various types of loans, including secured and unsecured ones, particularly for real estate, as well as various savings programs. The union's mission is to cater to the financial needs of its members, ensuring they have access to necessary loans and savings opportunities. The credit union provides these services to a membership of 3,648 individuals.


Official website here: www.avistacu.com

Who is the CEO of Avista Corp Credit Union?

Chris Jentges is the Board President of Avista Corp Credit Union.


Official website here: www.avistacu.com

What is the revenue of Avista Corp Credit Union?

Avista Corp Credit Union's revenue in 2022 was $1,933,082.


Official website here: www.avistacu.com

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

There 2 volunteers at Avista Corp Credit Union.


Here are 12 key members and their salaries:


Patrick Maher (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Reidt (Board Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Jentges (Board Sec/Treas, Manager)
  • Compensation: $119,904
  • Related: $0
  • Other: $31,268
Randy Cloward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Feist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Kinney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Falkner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Prince (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Vickers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Garbarino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Gibbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.avistacu.com

Where can I find the form 990 for Avista Corp Credit Union?

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


Official website here: www.avistacu.com

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

Mission Statement of Avista Corp Credit Union

Avista Corp Credit Union, as a financial institution, is committed to serving its members. Its mission encompasses providing a range of financial services, extending beyond just loans. This includes offering secured and unsecured loans for real estate and other consumer needs, as well as various savings programs. By doing so, the credit union aims to cater to the financial needs of its members, ensuring they have access to the necessary financial tools for their well-being.

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Impact




October, 2024

Avista Corp Credit Union significantly impacts the Spokane community by offering a range of financial services tailored to meet the diverse needs of its 3,648 members. By providing essential products such as real estate loans, secured and unsecured consumer loans, and various savings programs, the credit union empowers individuals and families to achieve their financial goals.

This support fosters financial stability and growth within the community, allowing members to make informed choices that enhance their economic well-being. The availability of diverse financial services not only helps members secure loans for homes and personal needs but also encourages savings habits that contribute to long-term financial health. Through its mission, Avista Corp Credit Union plays a vital role in promoting financial literacy and accessibility, ultimately strengthening the local economy.




This information is meant to be a general summary of Avista Corp 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
$1,933,082 (2022)
Expenses
$1,309,835 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $421,713
  • Program Service Revenue: $1,438,914
  • Gross Receipts: $1,933,082

Assets and Liabilities:

  • Total Assets: $73,833,248
  • Total Liabilities: $61,509,482
  • Net Assets: $12,323,766

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Programs

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

REAL ESTATE LOAN INTER

Revenue

$751,528

CONSUMER LOAN INTEREST

Revenue

$618,869

HELOC INTEREST

Revenue

$68,517

Organization Details

Founding Year

1934

Principal Officer

Chris Jentges

Main Address

PO BOX 3727, SPOKANE, WA, 992203727

NTEE Category

Code: W60 - Public benefit

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