Overview
What is Arrowhead Central Credit Union?
Arrowhead Central Credit Union is a member-owned cooperative based in Rancho Cucamonga, California, with a presence in certain parts of Nevada and Arizona. As of December 31, 2022, they boasted 188,063 members, 75,005 loans, and 273,152 share accounts. Established to promote thrift and savings among its members, the credit union offers affordable loans and provides an opportunity for members to control their finances democratically. Arrowhead Central Credit Union's mission lies in improving the economic and social conditions of its members through the earnings, savings, benefits, or services of the credit union, which are distributed back to its patrons. The credit union has a team of 556 dedicated employees to help achieve these goals.
Official website here: www.arrowheadcu.org
Is Arrowhead Central Credit Union legitimate?
Arrowhead Central Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Arrowhead Central 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: $5,316,081
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,390,223
For more financial information, click here
What is the mission statement of Arrowhead Central Credit Union?
Arrowhead Central Credit Union is a member-owned cooperative, established to encourage savings and thrift among its members. The primary objective is to create a credit source for its members, offering competitive interest rates set by the board of directors. Members have the opportunity to manage their own funds on a democratic basis, aiming to enhance their economic and social conditions. The credit union operates for the mutual benefit and overall welfare of its members, distributing earnings, savings, benefits, or services back to them as patronage.
Official website here: www.arrowheadcu.org
Who is the CEO of Arrowhead Central Credit Union?
Darin Woinarowicz is the President/Ceo of Arrowhead Central Credit Union. The CEO's salary of Arrowhead Central Credit Union is $1,795,464 and their total compensation is $1,990,143.
Official website here: www.arrowheadcu.org
What is the revenue of Arrowhead Central Credit Union?
Arrowhead Central Credit Union's revenue in 2022 was $102,317,660.
Official website here: www.arrowheadcu.org
Who are the executives of Arrowhead Central Credit Union and what are their salaries?
The average compensation at Arrowhead Central Credit Union during 2022 was $57,026. There are 556 employees and 11 volunteers at Arrowhead Central Credit Union.
Here are 25 key members and their salaries (Arrowhead Central Credit Union's CEO's salary is $1,795,464 and their total compensation is $1,990,143):
- Darin Woinarowicz (President/Ceo)
- Roberto Martinez (Evp Coo)
- Tanios Sawaya (Svp Cfo)
- Vaughn Book (Svp Cio)
- William Wagner (Svp Lending)
- Ann Wadagnolo (Svp Cro)
- Ryan Weller (Chief People Officer)
- Debora Sigler (Vp Risk)
- David Fisher (Vp Branches)
- Tracy Madsen (Vp Controller)
- Theresa Hainsworth (Vp Operations)
- Christopher Anderson (Vp Marketing)
- Emily Friesen (Svp Marketing)
- Valerie Hopkins (Svp Human Resources)
- Tim Mchargue (Board Member) [Trustee/Director]
- Thomas Potter (Board Chairman) [Trustee/Director]
- John Mccormack (Board Vice Chairman) [Trustee/Director]
- Dan Hynes (Board Secretary) [Trustee/Director]
- Patricia Cole (Board Treasurer) [Trustee/Director]
- Beth Bockenhauer (Board Member) [Trustee/Director]
- Cathleen Farrar (Board Member) [Trustee/Director]
- James Hale (Board Member) [Trustee/Director]
- Wayne Thies (Board Member) [Trustee/Director]
- Sherry Kendrick (Board Member) [Trustee/Director]
- Art Gomez (Board Member) [Trustee/Director]
Official website here: www.arrowheadcu.org
Where can I find the form 990 for Arrowhead Central Credit Union?
The Arrowhead Central Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.arrowheadcu.org
Learn more at the official website: www.arrowheadcu.org
Mission Statement of Arrowhead Central Credit Union
Arrowhead Central Credit Union is a cooperative, organized with the primary goal of encouraging thrift and savings among its members. Established with the mission to create a reliable source of credit for its members, this financial institution sets its interest rates based on the discretion of its Board of Directors. The credit union offers its members an opportunity to manage their own money in a democratic fashion, with the ultimate aim of improving their economic and social conditions.
As a cooperative, Arrowhead Central Credit Union operates with the shared benefit and general welfare of its members in mind. The earnings, savings, benefits, or services of the credit union are distributed back to its members as patronage. The organization's purpose goes beyond just offering financial services; it aims to create a thriving community where its members can pool their resources and leverage them for their mutual benefits. This not-for-profit approach sets Arrowhead Central Credit Union apart, making it a valuable asset for its members in their financial journeys.
Impact
This information is meant to be a general summary of Arrowhead Central Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Arrowhead Central Credit Union's impact lies in its promotion of thrift and savings among its members through the provision of financial services to individuals in Southern California and certain parts of Nevada and Arizona. As of December 31, 2022, the credit union boasted 188,063 members, facilitated 75,005 loans, and managed 273,152 share accounts. By offering a source of credit at competitive rates set by the board of directors, Arrowhead Central Credit Union empowers its members to control and manage their finances democratically, thereby improving their economic and social well-being. As a cooperative, the credit union operates for the mutual benefit and welfare of its members, distributing earnings, savings, benefits, or services to them as patrons. Through its mission-driven approach, Arrowhead Central Credit Union contributes to the overall public benefit of the communities it serves.
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.
INTEREST ON LOANS
Revenue
$39,228,145
OTHER OPERATING INCOME
Revenue
$25,835,122
FEE INCOME
Revenue
$13,240,639
Organization Details
Founding Year
1949
Phone
(909) 379-6897
Principal Officer
Darin Woinarowicz
Main Address
8686 HAVEN AVENUE, RANCHO CUCAMONGA, CA, 91730
Website
www.arrowheadcu.org
NTEE Category
Code: W60 - Public benefit
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