Rogue Credit Union

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

EIN: 930491115 ✦ Medford, OR ✦ Designated as a 501(c)(14)

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Overview

What is Rogue Credit Union?

Rogue Credit Union, located in Medford, Oregon, is a member-owned not-for-profit financial cooperative. With a mission to encourage thrift among its members, the credit union offers fair and reasonable interest rates for loans and provides opportunities for members to manage their own money. This nonprofit aims to improve the economic and social conditions of its members by conducting activities as permitted under the Oregon Credit Union Act. With a team of 789 employees, Rogue Credit Union strives to create loyal members by delivering exceptional experiences that foster mutually beneficial relationships.


Official website here: www.roguecu.org

Is Rogue Credit Union legitimate?

Rogue Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Rogue 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: $5,856,088
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,614,464

For more financial information, click here


Official website here: www.roguecu.org

What is the mission statement of Rogue Credit Union?

The Rogue Credit Union functions as a member-owned, not-for-profit financial cooperative, established to encourage savings among its members, create a source of credit at a fair rate, and provide an opportunity for members to manage their own funds. The organization strives to create the most loyal members by offering exceptional experiences that foster mutually beneficial relationships. By returning profits to members in the form of better rates and lower fees, and rewarding them through the Rogue Rewards program, the credit union enables its members to enhance their economic and social status.


Official website here: www.roguecu.org

Who is the CEO of Rogue Credit Union?

Matt Stephenson is the Retired Ceo of Rogue Credit Union. The CEO's salary of Rogue Credit Union is $828,560 and their total compensation is $1,131,589.


Official website here: www.roguecu.org

What is the revenue of Rogue Credit Union?

Rogue Credit Union's revenue in 2022 was $141,160,770.


Official website here: www.roguecu.org

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

The average compensation at Rogue Credit Union during 2022 was $52,561. There are 789 employees at Rogue Credit Union.


Here are 20 key members and their salaries (Rogue Credit Union's CEO's salary is $828,560 and their total compensation is $1,131,589):


Pelham Eugene L (Retired Ceo)
  • Compensation: $2,190,526
  • Related: $0
  • Other: $79,196
Stephenson Matthew C (Chief Executive Officer)
  • Compensation: $828,560
  • Related: $0
  • Other: $303,029
Thurman Blake (Chief Financial Officer)
  • Compensation: $436,354
  • Related: $0
  • Other: $116,903
Heese Chad Richard (Chief Lending And Strategy Officer)
  • Compensation: $326,494
  • Related: $0
  • Other: $134,902
Pickens Jeanne M (Chief Operations Officer)
  • Compensation: $342,666
  • Related: $0
  • Other: $104,803
Roberson Jeffry Dee (Chief Information Officer)
  • Compensation: $327,123
  • Related: $0
  • Other: $115,340
Zerger Karen Aileen (Retired Cao)
  • Compensation: $336,732
  • Related: $0
  • Other: $56,364
Overton Troy R (Svp Of Consumer And Mortgage Lending)
  • Compensation: $256,377
  • Related: $0
  • Other: $56,850
Johns Timothy Charles (Svp Of Information Tech Services)
  • Compensation: $245,409
  • Related: $0
  • Other: $53,950
Friden Geoffrey Stanley (Mortgage Loan Officer)
  • Compensation: $260,563
  • Related: $0
  • Other: $28,296
England Kellie L (Svp Of Member Experience)
  • Compensation: $231,092
  • Related: $0
  • Other: $42,465
Mulkins Scott Harold (Svp Of Analytics And Enterprise Risk)
  • Compensation: $233,194
  • Related: $0
  • Other: $35,010
Smith Philip (Board Chair)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Johnson Heather (Board Vice Chair)
  • Compensation: $21,000
  • Related: $0
  • Other: $0
Hauck Gerald (Board Secretary)
  • Compensation: $21,000
  • Related: $0
  • Other: $0
Palm Alex (Board Treasurer)
  • Compensation: $21,000
  • Related: $0
  • Other: $0
Angstadt Peter (Board Member)
  • Compensation: $21,100
  • Related: $0
  • Other: $0
Itzen Neil (Board Member)
  • Compensation: $21,000
  • Related: $0
  • Other: $0
Yasuda Roger (Board Member)
  • Compensation: $18,000
  • Related: $0
  • Other: $0
Hutchinson Katie (Board Associate Member)
  • Compensation: $9,000
  • Related: $0
  • Other: $0


Official website here: www.roguecu.org

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

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


Official website here: www.roguecu.org

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

Mission Statement of Rogue Credit Union

Rogue Credit Union, a member-owned financial cooperative, is on a mission to encourage thrift among its members and create a reliable source of credit at fair and reasonable interest rates. By providing this opportunity, the credit union allows its members to take control of their own money and improve their economic and social condition. The organization operates under the Oregon Credit Union Act, which permits it to conduct various activities for the benefit of its members.

At the heart of Rogue Credit Union's mission is the creation of loyal members. They achieve this by offering exceptional experiences that foster mutually beneficial relationships. The credit union's success is demonstrated through the way it rewards its members. Profits are returned in the form of better rates and lower fees, and members are further incentivized through the Rogue Rewards program. Participation is rewarded through loans, deposits, and transactions, making the credit union experience not just financially beneficial but also engaging for its members.

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Impact




October, 2024

Rogue Credit Union significantly enhances the financial well-being of its members by providing access to affordable credit and financial services. It operates as a member-owned cooperative, ensuring that profits are reinvested into the community through better rates and lower fees. This structure empowers members to make informed decisions about their finances, improving their economic and social conditions.

By encouraging thrift and responsible borrowing, Rogue Credit Union fosters a culture of financial literacy and stability among its members. The institution emphasizes rewarding member participation through the Rogue Rewards program, promoting engagement in loans, deposits, and transactions. This approach not only benefits individual members but also strengthens the overall community.

Rogue Credit Union's commitment to creating exceptional customer experiences cultivates loyalty, enhancing the connections between the credit union and its members. Ultimately, its impact extends beyond just financial services; it plays a vital role in building a community that values cooperation, trust, and mutual support.




This information is meant to be a general summary of Rogue 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
$141,160,770 (2022)
Expenses
$105,945,835 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,657,593
  • Program Service Revenue: $126,503,177
  • Gross Receipts: $359,065,992

Assets and Liabilities:

  • Total Assets: $2,958,047,425
  • Total Liabilities: $2,770,759,270
  • Net Assets: $187,288,155

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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

$89,984,581

OTHER OPERATING INCOME

Revenue

$30,989,778

SERVICE CHARGES & FEES

Revenue

$5,528,818

Organization Details

Founding Year

1956

Principal Officer

Matt Stephenson

Main Address

1370 CENTER DRIVE, MEDFORD, OR, 97501

NTEE Category

Code: W60 - Public benefit

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