Benton County Schools Credit Union

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

EIN: 930465079 ✦ Corvallis, OR ✦ Designated as a 501(c)(14)

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Overview

What is Benton County Schools Credit Union?

Benton County Schools Credit Union is a state-chartered credit union based in Corvallis, Oregon, specifically located at 2101 NW Professional Drive. With a membership of 2,214 individuals, the credit union offers a range of financial services. Their offerings encompass providing secured and unsecured loans, including real estate loans, as well as various savings programs. The credit union has established 3,478 savings accounts and funded 1,547 loans for its members. The institution, with a team of 9 employees, is committed to serving the financial needs of its 2,214 members.


Official website here: www.bcscu.org

Is Benton County Schools Credit Union legitimate?

Benton County Schools Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Benton County Schools 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: $207,434
Professional Fundraising Fees: $0
Other Salaries and Wages: $238,229

For more financial information, click here


Official website here: www.bcscu.org

What is the mission statement of Benton County Schools Credit Union?

Benton County Schools Credit Union, as a state-chartered credit union, is committed to providing financial services to its 2,214 members. This includes offering various savings programs and providing both secured and unsecured loans, such as real estate loans. The credit union's mission is expansive, not limited to these services, but they serve as its primary offerings. With over 3,478 savings accounts established and 94 certificates of deposit, the credit union has been actively funding loans to its members, totaling 1,547 loans.


Official website here: www.bcscu.org

Who is the CEO of Benton County Schools Credit Union?

Cassie Lasswell is the Chairman of Benton County Schools Credit Union. The CEO's salary of Benton County Schools Credit Union is $63,325 and their total compensation is $75,325.


Official website here: www.bcscu.org

What is the revenue of Benton County Schools Credit Union?

Benton County Schools Credit Union's revenue in 2022 was $1,932,696.


Official website here: www.bcscu.org

Who are the executives of Benton County Schools Credit Union and what are their salaries?

The average compensation at Benton County Schools Credit Union during 2022 was $49,518. There are 9 employees and 16 volunteers at Benton County Schools Credit Union.


Here are 8 key members and their salaries (Benton County Schools Credit Union's CEO's salary is $63,325 and their total compensation is $75,325):


Kevin Decoster (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret S Dusek (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold F Brauner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Gallagher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe R Tofte (Director)
  • Compensation: $85,242
  • Related: $0
  • Other: $13,907
Amanda Held (Ceo)
  • Compensation: $63,325
  • Related: $0
  • Other: $12,000
Cassie Lasswell (Cfo)
  • Compensation: $56,190
  • Related: $0
  • Other: $8,861
Brandon Burmeister (Coo)
  • Compensation: $54,393
  • Related: $0
  • Other: $12,665


Official website here: www.bcscu.org

Where can I find the form 990 for Benton County Schools Credit Union?

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


Official website here: www.bcscu.org

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

Mission Statement of Benton County Schools Credit Union

Benton County Schools Credit Union, as a state-chartered entity, is committed to offering financial services to its 2,214 members. Their mission extends beyond just providing financial aid; it encompasses offering secured and unsecured loans, as well as various savings programs. This credit union aims to cater to the financial needs of its members, ensuring they have access to essential financial tools to manage their finances effectively. With over 3,478 savings accounts established and 94 certificates of deposit, Benton County Schools Credit Union demonstrates its dedication to its members' financial well-being. Furthermore, the credit union has funded 1,547 loans to its members, underscoring its role in making financial assistance available to those in need.

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Impact




October, 2024

Benton County Schools Credit Union significantly impacts its community by providing essential financial services to 2,214 members in Corvallis, Oregon. With a diverse range of offerings, including real estate loans and various secured and unsecured loans, the credit union supports its members' financial needs. The establishment of 3,478 savings accounts and 94 certificates of deposit demonstrates the commitment to promoting savings and financial wellbeing among its members. Furthermore, by funding 1,547 loans, the credit union plays a crucial role in enabling personal and community growth. Through these services, Benton County Schools Credit Union fosters financial stability and empowers its members, contributing positively to the local economy.




This information is meant to be a general summary of Benton County Schools 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
$1,932,696 (2022)
Expenses
$1,473,835 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $513,950
  • Program Service Revenue: $1,360,284
  • Gross Receipts: $1,932,696

Assets and Liabilities:

  • Total Assets: $73,693,436
  • Total Liabilities: $67,880,774
  • Net Assets: $5,812,662

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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

$995,696

FEES AND SERVICES

Revenue

$364,588

Organization Details

Founding Year

1953

Principal Officer

Cassie Lasswell

Main Address

2101 NW PROFESSIONAL DRIVE, CORVALLIS, OR, 97330

NTEE Category

Code: W60 - Public benefit

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