North Bay Credit Union

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

EIN: 941214770 ✦ Santa rosa, CA ✦ Designated as a 501(c)(14)

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Overview

What is North Bay Credit Union?

North Bay Credit Union, previously known as Sonoma County Grange Credit Union, is a dedicated non-profit financial cooperative situated in the region. Its primary role is to offer a range of financial services to its members, encompassing savings and loan options. This credit union operates on a cooperative model, with the aim of benefiting its members financially. The institution continues to provide these essential services, ensuring financial well-being for its members.


Official website here: www.northbaycu.com

Is North Bay Credit Union legitimate?

North Bay Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. North Bay 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: $982,917
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,521,498

For more financial information, click here


Official website here: www.northbaycu.com

What is the mission statement of North Bay Credit Union?

North Bay Credit Union, formerly known as Sonoma County Grange Credit Union, operates as a non-profit financial cooperative. Its primary purpose is to offer financial services to its members, encompassing savings and loan facilities. The organization is committed to serving its members effectively, fostering a sense of community and financial security. By providing these financial services, North Bay Credit Union aims to contribute positively to its members' financial well-being and overall financial stability. The cooperative's operations are rooted in the principle of collective ownership and mutual assistance, ensuring that profits are reinvested back into the organization and its members.


Official website here: www.northbaycu.com

Who is the CEO of North Bay Credit Union?

Chris Call is the CEO of North Bay Credit Union The CEO's salary of North Bay Credit Union is $349,917 and their total compensation is $349,917.


Official website here: www.northbaycu.com

What is the revenue of North Bay Credit Union?

North Bay Credit Union's revenue in 2024 was $11,534,390.


Official website here: www.northbaycu.com

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

The average compensation at North Bay Credit Union during 2024 was $140,177. There are 25 employees at North Bay Credit Union.

Here are 15 key members and their salaries (North Bay Credit Union's CEO's salary is $349,917 and their total compensation is $349,917):


Chris Call (Ceo)
  • Compensation: $349,917
  • Related: $0
  • Other: $0
Robert Goebel (Chief Lending Officer)
  • Compensation: $155,000
  • Related: $0
  • Other: $0
Donna Gomes (Chief Compliance Officer)
  • Compensation: $130,000
  • Related: $0
  • Other: $0
Nadirah Rashadeen (Director Of Payments)
  • Compensation: $125,000
  • Related: $0
  • Other: $0
Christopher Rose (Director Of It)
  • Compensation: $115,000
  • Related: $0
  • Other: $0
Tonya Dickeson (Controller)
  • Compensation: $108,000
  • Related: $0
  • Other: $0
Ned Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Morgan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ned Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Safford (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tami Reid (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mara Gordon (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Muelrath (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Tramontin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Morgan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.northbaycu.com

Where can I find the form 990 for North Bay Credit Union?

North Bay Credit Union's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.northbaycu.com

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

Mission Statement of North Bay Credit Union

North Bay Credit Union, previously known as Sonoma County Grange Credit Union, is a non-profit financial cooperative that serves its members with financial services. Its primary focus is on providing savings and loan facilities to its members. As a financial cooperative, the credit union operates on a not-for-profit basis, ensuring that its members benefit directly from its operations. North Bay Credit Union is committed to offering financial services that contribute positively to its members' financial well-being.

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Impact




October, 2024

North Bay Credit Union plays a significant role in empowering its members through accessible financial services, including savings and loan opportunities. Located in Santa Rosa, California, it fosters community growth by offering tailored financial solutions that meet the diverse needs of its members. By prioritizing their financial well-being, North Bay Credit Union contributes to local economic stability and development. Their focus on member-centric banking practices ensures that profits are reinvested into the community, enhancing financial literacy and supporting public benefit initiatives that further uplift the Santa Rosa area. Through these efforts, North Bay Credit Union not only serves individual members but also strengthens the broader community by encouraging responsible financial practices and fostering economic resilience.




This information is meant to be a general summary of North Bay 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
$11,534,390 (2024)
Expenses
$13,506,153 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $129,900
  • Program Service Revenue: $10,778,774
  • Gross Receipts: $11,534,390

Assets and Liabilities:

  • Total Assets: $112,855,513
  • Total Liabilities: $102,970,283
  • Net Assets: $9,885,230

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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

$7,031,222

Members Fees

Revenue

$3,276,913

ACH income

Revenue

$470,639

Organization Details

Founding Year

1948

Principal Officer

Chris Call

NTEE Category

Code: W60 - Public benefit

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