Overview
What is Premier Community Credit Union?
Premier Community Credit Union is a cooperative institution based in Stockton, California, with a focus on promoting thrift and savings among its members. It operates as a credit union, providing competitive loan products to its members residing or working in San Joaquin County. The credit union grants loans totaling $4.25 million annually and maintains a conservative approach to lending, avoiding subprime loan products. Premier Community Credit Union keeps and services the loans it makes, ensuring the success of the organization depends on making responsible loans to its members. With a workforce of 43 employees, the credit union aims to improve the economic and social conditions of its members.
Official website here: www.premierccu.org
Is Premier Community Credit Union legitimate?
Premier Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Premier Community 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: $49,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $516,254
For more financial information, click here
Official website here: www.premierccu.org
What is the mission statement of Premier Community Credit Union?
Premier Community Credit Union is organized as a cooperative, with the primary purpose of promoting savings among its members. Its mission is to create a source of credit for its members at interest rates determined by the board of directors, and to provide an opportunity for members to use and control their own money in a democratic manner. This cooperative aims to improve the economic and social conditions of its members by distributing earnings, savings, benefits, or services back to them as patronage.
Official website here: www.premierccu.org
Who is the CEO of Premier Community Credit Union?
Russel Hagen is the Chairperson of Premier Community Credit Union. The CEO's salary of Premier Community Credit Union is $49,846 and their total compensation is $54,082.
Official website here: www.premierccu.org
What is the revenue of Premier Community Credit Union?
Premier Community Credit Union's revenue in 2022 was $1,328,009.
Official website here: www.premierccu.org
Who are the executives of Premier Community Credit Union and what are their salaries?
The average compensation at Premier Community Credit Union during 2022 was $13,165. There are 43 employees and 8 volunteers at Premier Community Credit Union.
Here are 9 key members and their salaries (Premier Community Credit Union's CEO's salary is $49,846 and their total compensation is $54,082):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $49,846
- Related: $0
- Other: $4,236
Official website here: www.premierccu.org
Where can I find the form 990 for Premier Community Credit Union?
Premier Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.premierccu.org
Learn more at the official website: www.premierccu.org
Mission Statement of Premier Community Credit Union
Premier Community Credit Union, as a cooperative, is established with the primary objective of fostering thrift and savings among its members. This organization serves as a collective platform, allowing its members to create a reliable source of credit at interest rates set by its board of directors. Furthermore, it offers an opportunity for its members to manage their own money democratically, aiming to improve their economic and social conditions. As a cooperative, Premier Community Credit Union operates with the mutual benefit and general welfare of its members in mind, distributing the earnings, savings, benefits, or services of the credit to its members as patronage.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Premier Community Credit Union fosters a strong sense of community impact by promoting thrift and savings among its members in San Joaquin County. By providing loan products at competitive rates, the credit union empowers its members to achieve their financial goals while ensuring they have access to the credit they need. In the fiscal year ending March 29, 2022, the organization granted a significant $4,254,345 in loans to its members, directly benefiting local residents and workers.
The credit union follows a conservative approach to lending, ensuring that all loans made are affordable and responsible. This strategy not only supports the financial well-being of its members but also enhances the stability and health of the local economy. By choosing not to engage in subprime lending, Premier Community Credit Union prioritizes the long-term sustainability of its members’ financial futures.
Moreover, the credit union operates on a democratic basis, allowing members to have a say in how financial resources are managed. The focus on the local community means that decisions are made with the best interests of members in mind, ensuring that earnings, savings, and services are returned to those who support the credit union. In essence, Premier Community Credit Union serves as a vital resource for economic empowerment, contributing to improved social conditions and enhancing the overall quality of life for its members in Stockton, CA.
This information is meant to be a general summary of Premier Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $272,152
- Program Service Revenue: $1,054,890
- Gross Receipts: $1,328,009
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$611,777
FEE INCOME
Revenue
$396,626
OTHER OPERATING INCOME
Revenue
$46,487
Organization Details
Founding Year
1931
Phone
(209) 954-4324Principal Officer
Russel Hagen
Main Address
3315 WEST BENJAMIN HOLT DRIVE, STOCKTON, CA, 95219
Website
www.premierccu.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of Premier Community Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.