Advantis Credit Union

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

EIN: 930251640 ✦ Oregon city, OR ✦ Designated as a 501(c)(14)

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Overview

What is Advantis Credit Union?

Advantis Credit Union is a member-dedicated financial institution based on fostering trust and commitment. Their mission lies in empowering members to realize their financial aspirations, with a personal touch. By offering various financial services, they contribute to their members' financial growth and wellbeing.


Official website here: www.advantiscu.org

Is Advantis Credit Union legitimate?

Advantis Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Advantis 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: $4,577,929
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,172,548

For more financial information, click here


Official website here: www.advantiscu.org

What is the mission statement of Advantis Credit Union?

Advantis Credit Union is committed to fostering trust with its members. The organization takes a personalized approach to assisting members in realizing their financial aspirations. They are invested in their members' financial success and aim to help them achieve their goals. The credit union's dedication extends beyond financial services, as they build strong, dependable relationships with those they serve.


Official website here: www.advantiscu.org

Who is the CEO of Advantis Credit Union?

Greg Spear is the Chair of Advantis Credit Union. The CEO's salary of Advantis Credit Union is $632,373 and their total compensation is $671,285.


Official website here: www.advantiscu.org

What is the revenue of Advantis Credit Union?

Advantis Credit Union's revenue in 2022 was $76,691,076.


Official website here: www.advantiscu.org

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

The average compensation at Advantis Credit Union during 2022 was $59,118. There are 351 employees and 15 volunteers at Advantis Credit Union.


Here are 32 key members and their salaries (Advantis Credit Union's CEO's salary is $632,373 and their total compensation is $671,285):


Amanda Owings (Chair)
  • Compensation: $16,618
  • Related: $0
  • Other: $0
Jacob Jensen (Director)
  • Compensation: $16,038
  • Related: $0
  • Other: $0
Bryan Sims (Secretary/Treasurer, Risk & Finance Committee Chai)
  • Compensation: $14,667
  • Related: $0
  • Other: $0
Renee Halpern (Director, Nominating Committee Chair)
  • Compensation: $14,648
  • Related: $0
  • Other: $0
Tarun Gudz (Vice Chair, Governance Committee Chair)
  • Compensation: $14,648
  • Related: $0
  • Other: $0
Tammy Teske (Director)
  • Compensation: $13,855
  • Related: $0
  • Other: $0
Frederic Dupeyroux (Director)
  • Compensation: $13,833
  • Related: $0
  • Other: $0
Brandon Lepley (Audit Committee Member)
  • Compensation: $13,665
  • Related: $0
  • Other: $0
Kellan Davis (Audit Committee Chair)
  • Compensation: $13,588
  • Related: $0
  • Other: $0
Liz Speer (Audit Committee Member)
  • Compensation: $13,000
  • Related: $0
  • Other: $0
Ross Wescott (Audit Committee Member)
  • Compensation: $13,000
  • Related: $0
  • Other: $0
Andres Dolberg (Director Thru 8/22)
  • Compensation: $12,583
  • Related: $0
  • Other: $0
Tom Hoang (Audit Committee Member Thru 6/22)
  • Compensation: $9,750
  • Related: $0
  • Other: $0
William Knuths (Audit Committee Member)
  • Compensation: $8,292
  • Related: $0
  • Other: $0
Nathan Morales (Associate Director)
  • Compensation: $3,303
  • Related: $0
  • Other: $0
Traci Rossi (Director)
  • Compensation: $3,303
  • Related: $0
  • Other: $0
Patrick Hager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Hediger (Emeritus Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Wilson (Svp / Cfo Thru 5/22)
  • Compensation: $754,137
  • Related: $0
  • Other: $19,850
Jason Werts (President/Ceo)
  • Compensation: $632,373
  • Related: $0
  • Other: $38,912
Keli Myers (Svp / Chief Operating Officer)
  • Compensation: $410,954
  • Related: $0
  • Other: $37,167
Christopher Groshko (Svp / Chief Experience Officer)
  • Compensation: $355,739
  • Related: $0
  • Other: $29,513
Timothy Clouse (Svp / Chief Innovation Officer)
  • Compensation: $344,060
  • Related: $0
  • Other: $36,544
Greg Spear (Svp / Chief Financial Officer)
  • Compensation: $275,296
  • Related: $0
  • Other: $23,818
John Nichols (Svp Of Marketing)
  • Compensation: $261,302
  • Related: $0
  • Other: $27,605
Jennifer Mcmurray (Vp Of Strategy & Advocacy)
  • Compensation: $156,302
  • Related: $0
  • Other: $10,381
Matthew Russell (Licensed Financial Advisor Thru 9/22)
  • Compensation: $305,282
  • Related: $0
  • Other: $31,886
Trevor Hutchens (Vp Of Lending)
  • Compensation: $224,497
  • Related: $0
  • Other: $32,302
Kelly Sonflieth (Vp Of People & Culture)
  • Compensation: $225,161
  • Related: $0
  • Other: $25,638
Jeri Maher (Mortgage Loan Officer - Commissioned)
  • Compensation: $221,938
  • Related: $0
  • Other: $22,443
Mary Ellen Lanzisera (Director Of Risk Management)
  • Compensation: $185,293
  • Related: $0
  • Other: $19,317
Robert Corwin (Executive Advisor)
  • Compensation: $960,000
  • Related: $0
  • Other: $9,185


Official website here: www.advantiscu.org

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

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


Official website here: www.advantiscu.org

Learn more at the official website: www.advantiscu.org

Mission Statement of Advantis Credit Union

Advantis Credit Union, a financial institution committed to forging strong bonds with its members, is dedicated to making a difference in people's lives. The organization takes a personal approach to investing in its members' financial futures, going above and beyond to help them realize their dreams.

With a focus on trust and dedication, Advantis Credit Union aims to create an environment where its members feel supported and valued. By offering a range of financial services tailored to individual needs, the union empowers its members to take control of their financial situation and work towards a secure future.

Advantis Credit Union's team is passionate about building lasting relationships and is genuinely invested in the success of its members. They go the extra mile to understand each member's unique financial goals and devise customized solutions to help them achieve their objectives. The organization's unwavering commitment to its members sets it apart, fostering a sense of community and camaraderie among those who join its ranks.

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Impact




October, 2024

Advantis Credit Union significantly impacts the community by providing essential financial services to its members. Based in Oregon City, Oregon, the credit union focuses on building trusted relationships, ensuring that members feel supported in their financial journeys. By investing in their members' aspirations, Advantis empowers individuals and families to achieve their financial dreams, fostering a sense of community and belonging. This focus on personal relationships and dedicated service not only enhances individual financial well-being but also contributes to the overall economic stability of the region.




This information is meant to be a general summary of Advantis 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
$76,691,076 (2022)
Expenses
$65,042,971 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,124,343
  • Program Service Revenue: $70,565,078
  • Gross Receipts: $84,129,128

Assets and Liabilities:

  • Total Assets: $1,984,758,504
  • Total Liabilities: $1,773,405,527
  • Net Assets: $211,352,977

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Programs

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

LOANS

Revenue

$59,760,678

SERVICE CHARGES AND FE

Revenue

$4,551,296

OTHER NON INTEREST INC

Revenue

$3,008,552

INTERCHANGE INCOME

Revenue

$2,617,428

NET LOSS ON SALE OF LO

Revenue

$627,124

Organization Details

Founding Year

1928

Principal Officer

Greg Spear

Main Address

14405 MEYERS ROAD 300, OREGON CITY, OR, 97045

NTEE Category

Code: W60 - Public benefit

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