Credit Unions In State Of Arizona

Organization Overview

Credit Unions In State Of Arizona is located in Glendale, AZ. The organization was established in 1970. 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 12/2020, Credit Unions In State Of Arizona employed 240 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Credit Unions In State Of Arizona 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 12/2020, Credit Unions In State Of Arizona generated $45.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $39.3m during the year ending 12/2020. While expenses have increased by 5.6% per year over the past 6 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

FINANCIAL COOPERATIVE TO PROVIDE LOANS AND FINANCIAL SERVICES TO CREDIT UNION MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FINANCIAL COOPERATIVE TO PROVIDE LOANS AND FINANCIAL SERVICES TO CREDIT UNION MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Roch Karen
Ceo/president
$736,503
Chan Pamela
Svp- Chief Financial Offic
$444,800
Birr Robert
Vp- Chief Lending Officer
$350,459
Cruz Diana
Vp- Enterprise Risk Manage
$318,328
Grundy Scott
Vp- Chief Information Offi
$302,223
Winter Debbie
VP Of Branches
$254,531

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mastercard International
Credit Card Issuer
$787,513
Vantivworld Pay Llc
Card Processor
$1,058,762
Alkami Technology
Online Banking Provider
$773,171
Cox Communications
Utility Provider
$440,774
Jack Henry
Data Processor
$394,333
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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$44,153,882
Investment income $1,303,600
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $8,379
Net Gain/Loss on Asset Sales $37,427
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $45,503,288

Peer Organizations

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