Overview
What is Selco Community Credit Union?
Selco Community Credit Union is a financial institution based in Springfield, Oregon, with a PO Box address at 7487. With over 500 employees, they provide a range of deposit services, including savings, checking, money market accounts, and certificates of deposit, totaling $2.27 billion in deposits as of December 31, 2022. The credit union is dedicated to enhancing their members' social and economic conditions through their financial services. Additionally, they paid out over $8.6 million in dividends to their members.
Official website here: www.selco.org
Is Selco Community Credit Union legitimate?
Selco Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Selco Community 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: $4,278,864
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,630,129
For more financial information, click here
Official website here: www.selco.org
What is the mission statement of Selco Community Credit Union?
Selco Community Credit Union is dedicated to enhancing the social and economic conditions of its members. Through the provision of financial services, the credit union strives to make a positive impact on its members' lives. The organization's efforts have resulted in over $8.6 million in dividends paid out to members. Deposit accounts consist of savings, checking, money market accounts, and certificates of deposit. As of December 31, 2022, the deposits totaled $2.27 billion. Selco Community Credit Union's commitment extends beyond financial transactions, as it aims to improve the overall well-being of its members.
Official website here: www.selco.org
Who is the CEO of Selco Community Credit Union?
J Robert Newcomb is the Ceo And Secretary of Selco Community Credit Union. The CEO's salary of Selco Community Credit Union is $3,411,336 and their total compensation is $3,451,707.
Official website here: www.selco.org
What is the revenue of Selco Community Credit Union?
Selco Community Credit Union's revenue in 2022 was $104,765,666.
Official website here: www.selco.org
Who are the executives of Selco Community Credit Union and what are their salaries?
The average compensation at Selco Community Credit Union during 2022 was $61,959. There are 515 employees and 10 volunteers at Selco Community Credit Union.
Here are 13 key members and their salaries (Selco Community Credit Union's CEO's salary is $3,411,336 and their total compensation is $3,451,707):
- Compensation: $3,411,336
- Related: $0
- Other: $40,371
- Compensation: $421,629
- Related: $0
- Other: $23,439
- Compensation: $366,217
- Related: $0
- Other: $23,439
- Compensation: $358,232
- Related: $0
- Other: $23,858
- Compensation: $337,965
- Related: $0
- Other: $23,439
- Compensation: $233,114
- Related: $0
- Other: $20,693
- Compensation: $226,310
- Related: $0
- Other: $23,263
- Compensation: $216,740
- Related: $0
- Other: $20,750
- 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
Official website here: www.selco.org
Where can I find the form 990 for Selco Community Credit Union?
Selco Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.selco.org
Learn more at the official website: www.selco.org
Mission Statement of Selco Community Credit Union
Selco Community Credit Union, with its mission at heart, works tirelessly to enhance the social and economic standing of its members through the provision of financial services. The credit union's primary goal is to make a positive impact on the lives of its members by offering them financial tools and resources that foster growth and improvement.
In pursuit of this objective, Selco Community Credit Union has paid out an impressive $8.6 million in dividends to its members. The financial institution's range of deposit accounts includes savings, checking, money market accounts, and certificates of deposit, catering to various financial needs and preferences. As of December 31, 2022, Selco Community Credit Union boasts an impressive deposit total of $2.27 billion.
Selco Community Credit Union's commitment to its members extends beyond just financial services. By providing financial resources, the credit union empowers its members to create better futures for themselves and their families. The credit union's dedication to improving social and economic conditions is a testament to its enduring commitment to the well-being of its members.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Selco Community Credit Union has made a significant impact by delivering financial services aimed at enhancing the social and economic well-being of its members. In 2022 alone, the credit union distributed over $8.6 million in dividends to its members, highlighting its commitment to financial empowerment. With a robust total of $2.27 billion in deposits, Selco offers a variety of deposit accounts, including savings, checking, money market accounts, and certificates of deposit. By focusing on the financial needs of its community in Springfield, Oregon, Selco is dedicated to fostering a stronger economic foundation for its members.
This information is meant to be a general summary of Selco Community 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: $11,419,515
- Program Service Revenue: $76,522,788
- Gross Receipts: $108,164,205
Assets and Liabilities:
- Total Assets: $2,552,976,468
- Total Liabilities: $2,326,074,136
- Net Assets: $226,902,332
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$61,867,037
SERVICE CHARGES & FEES
Revenue
$14,655,751
Organization Details
Founding Year
1936
Phone
(541) 686-8000Principal Officer
J Robert Newcomb
Main Address
PO BOX 7487, SPRINGFIELD, OR, 97475
Website
www.selco.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Selco Community Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.