Clark County Credit Union

Organization Overview

Clark County Credit Union is located in Las Vegas, NV. The organization was established in 1980. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Clark County Credit Union employed 249 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Clark County Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2021, Clark County Credit Union generated $46.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $33.1m during the year ending 12/2021. While expenses have increased by 7.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

A COOPERATIVE, ORGANIZED FOR THE PURPOSE OF PROMOTING THRIFT AND SAVINGS AMONG ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING 2021, CLARK COUNTY CREDIT UNION GREW 13% IN TOTAL ASSETS WHILE MAINTAINING A NETWORTH RATIO OF 10.93%. USING A MULTI-MEDIA MARKETING APPROACH COMBINED WITH PERSONAL CUSTOMER SERVICE AND CUSTOMIZED LENDING OPTIONS, CCCU IS LIVING UP TO ITS MISSION OF HELPING MEMBERS REALIZE THEIR FINANCIAL GOALS AND DREAMS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Fiserv Inc
Core System
$1,098,190
American Share Insurance
Deposit Insurance
$2,283,762
Peter J Stoddard
Advertising
$896,347
Q2 Software Inc
Online Banking
$844,241
Econocheck Corporation
Member Benefits
$550,971
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$39,900,310
Investment income $4,419,906
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,493,602
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $46,813,818

Grants Awarded

Over the last fiscal year, Clark County Credit Union has awarded $35,600 in support to 5 organizations.

Grant RecipientAmount

NEVADA CREDIT UNION LEAGUE INC

Org PageRecipient Profile

Ontario, CA

PURPOSE: Sponsorship for Purpose of Grant or Assistance

$10,000

CLEAN THE WORLD FOUNDATION

PURPOSE: Sponsorship for Purpose of Grant or Assistance

$7,500

ROSEMAN UNIVERSITY OF HEALTH SERVICES

Org PageRecipient Profile

Henderson, NV

PURPOSE: Educational Assistance for Purpose of Grant or Assistance

$6,600

BOARD OF REGENTS NEVADA SYSTEM OF HIGHER EDUCATION

Org PageRecipient Profile

Reno, NV

PURPOSE: Sponsorship for Purpose of Grant or Assistance

$6,000

FRIENDS FOR LAS VEGAS METROPOLITAN PD

Org PageRecipient Profile

Las Vegas, NV

PURPOSE: Sponsorship for Purpose of Grant or Assistance

$5,500
View Grant Profile

Peer Organizations

Organization NameAssets
California Credit Union
Glendale, CA
$164,391,792
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Sunnyvale, CA
$197,844,755
Educational Employees Credit Union
Fresno, CA
$140,033,802
Oregon Community Credit Union
Eugene, OR
$182,242,816
Provident Credit Union
Redwood City, CA
$114,626,988
Valley Strong Credit Union
Bakersfield, CA
$131,789,936
Technology Credit Union
San Jose, CA
$173,209,130
One Az Credit Union
Phoenix, AZ
$105,409,190
Credit Unions In The State Of California
San Diego, CA
$114,723,458
Premier America Credit Union
Chatsworth, CA
$107,505,968
Vantage West Credit Union
Tucson, AZ
$106,118,675
Altura Credit Union
Riverside, CA
$106,884,732

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