Oregon State Credit Union

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

EIN: 930444581 ✦ Corvallis, OR ✦ Designated as a 501(c)(14)

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Overview

What is Oregon State Credit Union?

Oregon State Credit Union is a non-profit financial institution based on cooperative principles, serving its members in Oregon. By offering competitive financial services, including fair interest rates on loans and attractive deposit products, the Credit Union aims to help its members enhance their economic situations. The Credit Union's mission remains focused on providing essential financial services to its membership.


Official website here: www.oregonstatecu.com

What are the reviews and ratings of this charity?

Oregon State Credit Union does not have a current rating from Charity Navigator. The lack of a rating is due to its status as a non-501(c)(3) organization, which means it doesn’t fall under the categories that Charity Navigator evaluates. This absence shouldn’t be seen as inherently positive or negative, as the assessment has simply not been conducted.

Charity Navigator uses various methodologies to evaluate nonprofits, such as Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability. However, Oregon State Credit Union's organizational structure as a credit union exempts it from these evaluations. Historical ratings would not reflect the full breadth of these methodologies.

With no user reviews available from GreatNonprofits, there is limited direct feedback from the community about the credit union's operations or impact. This means consumers and interested parties should seek additional sources for insights into the organization's performance and reputation within the community.


This AI summary has been generated from information found on Charity Navigator.

Is Oregon State Credit Union legitimate?

Oregon State Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Oregon State 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: $4,567,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,631,785

For more financial information, click here


Official website here: www.oregonstatecu.com

What is the mission statement of Oregon State Credit Union?

Oregon State Credit Union is a non-profit financial cooperative committed to offering financial services to its members. The mission of this cooperative is to provide credit at fair and reasonable interest rates, offer competitive share deposit products, and present opportunities for members to enhance their economic condition. By fulfilling these objectives, Oregon State Credit Union continues to adhere to its exempt purpose.


Official website here: www.oregonstatecu.com

Who is the CEO of Oregon State Credit Union?

Richard Hein is the Director of Oregon State Credit Union. The CEO's salary of Oregon State Credit Union is $866,885 and their total compensation is $915,628.


Official website here: www.oregonstatecu.com

What is the revenue of Oregon State Credit Union?

Oregon State Credit Union's revenue in 2022 was $94,549,810.


Official website here: www.oregonstatecu.com

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

The average compensation at Oregon State Credit Union during 2022 was $54,856. There are 350 employees at Oregon State Credit Union.


Here are 25 key members and their salaries (Oregon State Credit Union's CEO's salary is $866,885 and their total compensation is $915,628):


Nadine Davison (Director)
  • Compensation: $16,000
  • Related: $0
  • Other: $0
Tim Rocak (Director)
  • Compensation: $14,132
  • Related: $0
  • Other: $0
Jay Conroy (Director)
  • Compensation: $14,000
  • Related: $0
  • Other: $0
Mike Green (Director)
  • Compensation: $14,000
  • Related: $0
  • Other: $0
Thomas Elzinga (Director)
  • Compensation: $14,000
  • Related: $0
  • Other: $0
Shannon Grindy (Director)
  • Compensation: $14,859
  • Related: $0
  • Other: $0
Ana Lucia Fonseca Tapia (Director)
  • Compensation: $16,000
  • Related: $0
  • Other: $0
Rebecca Badger (Director)
  • Compensation: $14,000
  • Related: $0
  • Other: $0
Kelley Kaiser (Board Chairperson)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Jaimie Hughes (Supervisory Committee)
  • Compensation: $7,000
  • Related: $0
  • Other: $0
Jonathan Sassaman (Supervisory Committee)
  • Compensation: $10,000
  • Related: $0
  • Other: $0
Mary Beth Altmann Hughes (Supervisory Committee)
  • Compensation: $7,000
  • Related: $0
  • Other: $0
Richard Hein (President/Ceo)
  • Compensation: $866,885
  • Related: $0
  • Other: $48,743
Rhonda Heile-Brown (Executive Vp/Coo)
  • Compensation: $917,253
  • Related: $0
  • Other: $46,026
Craig Cole (Evp/Cio)
  • Compensation: $1,024,327
  • Related: $0
  • Other: $46,929
Laurie Roe (Evp/Ccxo)
  • Compensation: $251,810
  • Related: $0
  • Other: $41,883
Bobbie Warner (Evp/Cfo)
  • Compensation: $305,173
  • Related: $0
  • Other: $46,129
James Gibson (Sr Vp Branch Services)
  • Compensation: $243,390
  • Related: $0
  • Other: $42,460
Brannen James Lee (Svp General Counsel)
  • Compensation: $228,366
  • Related: $0
  • Other: $37,426
Joshuah Whisenhunt (Sr Vp Financial Services)
  • Compensation: $223,655
  • Related: $0
  • Other: $36,217
Tiffany Shirley (Vp Of Risk Management)
  • Compensation: $181,992
  • Related: $0
  • Other: $35,093
Michelle Poturich (Ext Morg Ln Offcr)
  • Compensation: $185,214
  • Related: $0
  • Other: $31,009
Jaimy Herbert (Ext Morg Ln Officer)
  • Compensation: $193,937
  • Related: $0
  • Other: $32,173
Daniel N Echeverri (Ext Morg Ln Offcr)
  • Compensation: $178,134
  • Related: $0
  • Other: $30,904
Paige Jackson (Vp Of Human Resources)
  • Compensation: $197,537
  • Related: $0
  • Other: $33,137


Official website here: www.oregonstatecu.com

Where can I find the form 990 for Oregon State Credit Union?

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


Official website here: www.oregonstatecu.com

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

Mission Statement of Oregon State Credit Union

Oregon State Credit Union, a renowned non-profit financial cooperative, is dedicated to delivering financial services to its membership. With a mission deeply rooted in its exempt purpose, the Credit Union offers credit at reasonable interest rates and competitive share deposit products, ensuring members have the means to manage their finances effectively.

Beyond the provision of financial services, Oregon State Credit Union is committed to empowering its members to improve their economic condition. By offering access to affordable credit, the Credit Union helps individuals build a solid financial foundation, enabling them to meet their financial goals and navigate life's financial challenges.

In pursuit of its mission, Oregon State Credit Union operates as a not-for-profit entity, with all earnings returned to its members in the form of lower loan rates, higher savings yields, and improved member services. Additionally, the Credit Union fosters a strong sense of community among its members, providing them with a platform to connect and support one another as they work towards financial stability and growth.

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Impact




October, 2024

Oregon State Credit Union provides essential financial services to its membership, fostering economic growth and stability in the community. By offering credit at fair and reasonable interest rates, the credit union ensures that members can access funds when needed without the burden of excessive costs.

Additionally, its competitive share deposit products encourage savings and financial security among members. This focus on equitable financial practices helps improve members' economic circumstances, empowering them to make informed financial decisions and achieve their goals.

Located in Corvallis, Oregon, the organization plays a critical role in enhancing the overall quality of life for its members by facilitating access to resources that contribute to financial well-being and community development.




This information is meant to be a general summary of Oregon State 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
$94,549,810 (2022)
Expenses
$63,080,375 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,371,506
  • Program Service Revenue: $69,774,716
  • Gross Receipts: $124,856,640

Assets and Liabilities:

  • Total Assets: $2,140,153,244
  • Total Liabilities: $1,960,727,457
  • Net Assets: $179,425,787

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Programs

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

INCOME ON LOANS

Revenue

$63,760,756

FEES AND CHARGES

Revenue

$5,674,353

UNRELATED BUSINESS INC

Revenue

$339,607

Organization Details

Founding Year

1954

Principal Officer

Richard Hein

Main Address

4800 SW RESEARCH WAY, CORVALLIS, OR, 97333

NTEE Category

Code: W60 - Public benefit

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