Overview
What is Premierone Credit Union?
Premierone Credit Union is a cooperative based in San Jose, California, with an address at 6640 Via Del Oro, ZIP code 95119. Established to promote thrift and savings among its members, the credit union offers various consumer loan products, such as vehicle loans, credit cards, and personal lines of credit, achieving satisfactory results. As a member-owned financial institution, Premierone Credit Union exists to provide affordable credit at rates set by the board of directors, allowing members to control their own funds for improved economic conditions. With a team of 107 employees, the credit union operates democratically, distributing earnings, savings, and benefits back to its members.
Official website here: www.premieronecu.org
Is Premierone Credit Union legitimate?
Premierone Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Premierone 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,867,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,476,672
For more financial information, click here
What is the mission statement of Premierone Credit Union?
Premierone Credit Union is a cooperative established to encourage savings and thrift among its members. Its primary goal is to provide affordable credit to members at rates determined by the board of directors. Members have the opportunity to manage and control their own funds on a democratic basis, contributing to their economic and social improvement. As a cooperative, Premierone Credit Union operates for the mutual benefit and general welfare of its members. The earnings, savings, benefits, or services of the credit union are distributed to members as patronage.
Official website here: www.premieronecu.org
Who is the CEO of Premierone Credit Union?
Andrea Brewer is the President/Ceo of Premierone Credit Union. The CEO's salary of Premierone Credit Union is $550,361 and their total compensation is $603,861.
Official website here: www.premieronecu.org
What is the revenue of Premierone Credit Union?
Premierone Credit Union's revenue in 2022 was $20,460,473.
Official website here: www.premieronecu.org
Who are the executives of Premierone Credit Union and what are their salaries?
The average compensation at Premierone Credit Union during 2022 was $59,287. There are 107 employees and 7 volunteers at Premierone Credit Union.
Here are 14 key members and their salaries (Premierone Credit Union's CEO's salary is $550,361 and their total compensation is $603,861):
- Andrea Brewer (President/Ceo)
- Brad Thomas (Vp Finance/Cfo)
- Richard Tresler (Vp Member Service)
- Dorothy Gemette (Vp Business Operations)
- Lecia Roundtree (Vp Hr & Organizational Dev)
- Janice Johnson (Vp Marketing)
- Nicole Camarillo (Loan Servicing Manager/Avp)
- Seamus Moran (Chairman) [Trustee/Director]
- Marcia Lillis (Vice Chairperson/Supv Cmte Member) [Trustee/Director]
- Thomas Brewer (Secretary) [Trustee/Director]
- Tom Suchevits (Treasurer/Supv Cmte Member) [Trustee/Director]
- Richard Toledo (Director)
- Don Bartels (Director)
- Christina Salvatier (Director/Supv Cmte Member)
Official website here: www.premieronecu.org
Where can I find the form 990 for Premierone Credit Union?
The Premierone Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.premieronecu.org
Learn more at the official website: www.premieronecu.org
Mission Statement of Premierone Credit Union
Premierone Credit Union, a cooperative with a noble purpose, is dedicated to encouraging savings and thrift among its members. Established as a democratic financial institution, it offers its members an accessible source of credit at rates determined by its Board of Directors. Premierone Credit Union empowers its members to make informed decisions about their finances, allowing them to control their own money with the aim of enhancing their economic and social conditions.
As a cooperative, Premierone Credit Union operates with the mutual benefit and general welfare of its members in mind. The earnings, savings, and benefits of the credit union are distributed back to its patrons, making it a unique financial institution. Premierone Credit Union's mission is to create a thriving financial community where members can save, borrow, and grow together. By promoting thrift and savings, the credit union lays the groundwork for its members to lead financially stable lives and seize opportunities for personal growth.
In summary, Premierone Credit Union stands as a cooperative financial institution devoted to the welfare of its members. It encourages savings, provides affordable credit, and offers its members the opportunity to control their own finances in a democratic setting. The ultimate goal is to help its patrons improve their economic and social conditions, ensuring a brighter financial future for all.
Impact
This information is meant to be a general summary of Premierone Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Premierone Credit Union, based in San Jose, CA, has a significant impact on its members by promoting thrift and savings while providing a source of credit at favorable interest rates. Through its cooperative structure, Premierone empowers members to use and control their finances democratically, aiming to improve their economic and social conditions. The credit union has successfully offered a variety of consumer loans, including vehicle loans, credit cards, and personal lines of credit, catering to the diverse financial needs of its members. By distributing its earnings, savings, and benefits to members as patrons, Premierone Credit Union operates with a focus on mutual benefit and general welfare.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INCOME
Revenue
$14,263,083
OTHER OPERATING INCOME
Revenue
$2,399,104
FEE INCOME
Revenue
$1,130,344
Organization Details
Founding Year
1968
Phone
(855) 500-7128
Principal Officer
Andrea Brewer
Main Address
6640 VIA DEL ORO, SAN JOSE, CA, 95119
Website
www.premieronecu.org
NTEE Category
Code: W60 - Public benefit
If you are a representative of Premierone 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.