Siskiyou Credit Union

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

EIN: 941588778 ✦ Yreka, CA ✦ Designated as a 501(c)(14)

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Overview

What is Siskiyou Credit Union?

Siskiou Central Credit Union is a nonprofit financial cooperative situated in Yreka, California. With a focus on its members' needs, it offers savings and loan services. The credit union's mission is to ensure its members benefit from competitive interest rates on loans while earning high returns on their deposits. Operating with a total of 44 employees, Siskiyou Credit Union is committed to providing financial assistance and fostering financial well-being within its community.


Official website here: www. siskiyou.org

Is Siskiyou Credit Union legitimate?

Siskiyou Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Siskiyou 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: $113,482
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,344,796

For more financial information, click here


Official website here: www. siskiyou.org

What is the mission statement of Siskiyou Credit Union?

Siskiyou Credit Union, as a non-profit financial cooperative, is committed to serving its members by offering competitive savings and loan services. The mission of the credit union is to prioritize its members' financial well-being by charging the lowest interest rates on loans and offering the highest interest rates on deposits. This approach is designed to benefit its members financially, ensuring they receive the best possible financial services.


Official website here: www. siskiyou.org

Who is the CEO of Siskiyou Credit Union?

Becky Ives is the Ceo of Siskiyou Credit Union. The CEO's salary of Siskiyou Credit Union is $113,482 and their total compensation is $113,482.


Official website here: www. siskiyou.org

What is the revenue of Siskiyou Credit Union?

Siskiyou Credit Union's revenue in 2022 was $5,311,193.


Official website here: www. siskiyou.org

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

The average compensation at Siskiyou Credit Union during 2022 was $33,143. There are 44 employees at Siskiyou Credit Union.


Here are 8 key members and their salaries (Siskiyou Credit Union's CEO's salary is $113,482 and their total compensation is $113,482):


Becky Ives (Ceo)
  • Compensation: $113,482
  • Related: $0
  • Other: $0
Kethleen Bergeron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mccoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Eastman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryann Munson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Goyeneche (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Koon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Wallis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www. siskiyou.org

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

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


Official website here: www. siskiyou.org

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

Mission Statement of Siskiyou Credit Union

Siskiyou Credit Union, a non-profit financial cooperative, is dedicated to serving its members by offering savings and loan services. Its mission is uniquely focused on charging the least possible interest on loans and ensuring that its members receive the highest returns on their deposits. By adhering to this mission, Siskiyou Credit Union demonstrates its commitment to placing its members' financial well-being at the forefront of its operations. By charging lower interest rates on loans, members can save money and pay off their debts more efficiently, while receiving higher returns on their deposits allows them to grow their savings more effectively. Overall, Siskiyou Credit Union's mission is to provide its members with the most financially beneficial services possible, fostering a sense of community and cooperation among its members.

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Impact




October, 2024

Siskiyou Credit Union plays a vital role in its community by providing accessible financial services that prioritize the needs of its members. Based in Yreka, California, the credit union focuses on offering competitive loan rates and high deposit returns, ensuring that members can save more while borrowing with less financial strain. This commitment fosters financial stability among individuals and families, empowering them to achieve their goals.

Siskiyou Credit Union’s emphasis on member-centric services enhances the local economy by promoting responsible lending and saving practices. By prioritizing the financial well-being of its members, the credit union contributes to a stronger, more resilient community where individuals have the resources they need to thrive. Its impact extends beyond mere financial transactions; it cultivates a sense of trust and mutual support among members, reinforcing the values of community and collaboration.




This information is meant to be a general summary of Siskiyou 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
$5,311,193 (2022)
Expenses
$5,373,719 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $490,596
  • Program Service Revenue: $4,820,597
  • Gross Receipts: $5,311,193

Assets and Liabilities:

  • Total Assets: $120,249,330
  • Total Liabilities: $110,156,262
  • Net Assets: $10,093,068

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Programs

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

FEES AND CHARGES

Revenue

$630,197

INTEREST FROM LOANS

Revenue

$3,558,840

MISC OPERATING INC

Revenue

$631,560

Organization Details

Founding Year

1962

Principal Officer

Becky Ives

Main Address

PO BOC 1125, YREKA, CA, 96097

NTEE Category

Code: W60 - Public benefit

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