Unitus Community Credit Union

Organization Overview

Unitus Community Credit Union is located in Portland, OR. The organization was established in 1944. 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, Unitus Community Credit Union employed 340 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Unitus Community 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, Unitus Community Credit Union generated $64.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $52.1m during the year ending 12/2021. While expenses have increased by 4.5% 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.

Since 2014, Unitus Community Credit Union has awarded 65 individual grants totaling $1,340,572. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE FINANCIAL SERVICES TO 104,429 MEMBERS. THESE SERVICES INCLUDE, BUT ARE NOT LIMITED TO, PROVIDING REAL ESTATE AND OTHER SECURED/ UNSECURED CONSUMER LOANS, CHECKING AND SAVINGS PROGRAMS, AND CREDIT CARD SERVICES. SUPPORT COMMUNITIES IN OUR FIELD OF MEMBERSHIP, INCLUDING CORPORATE PHILANTHROPY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Edge Multimedia Inc
Marketing Services
$721,253
Member Access Pacific
Card Services Management
$1,650,276
Alkami Technology Inc
Cloud-based Digital Banking Solutions
$1,461,025
Cenlar Fsb
Loan Servicing And Subservicing
$851,995
Infoimage
Customer Statement
$666,673
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$61,529,677
Investment income $2,627,430
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $632,891
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $64,866,163

Grants Awarded

Over the last fiscal year, Unitus Community Credit Union has awarded $374,110 in support to 19 organizations.

Grant RecipientAmount

NORTHWEST CREDIT UNION FOUNDATION

Org PageRecipient Profile

Seatac, WA

PURPOSE: GENERAL SUPPORT

$60,585

PORTLAND ROSE FESTIVAL

Org PageRecipient Profile

Portland, OR

PURPOSE: GENERAL SUPPORT

$60,000

MARION POLK FOOD SHARE INC

Org PageRecipient Profile

Salem, OR

PURPOSE: GENERAL SUPPORT

$52,000

WESTERN OREGON UNIVERSITY FOUNDATION

Org PageRecipient Profile

Monmouth, OR

PURPOSE: GENERAL SUPPORT

$30,000

RANDALL CHILDREN'S HOSPITAL FOUNDATION

Org PageRecipient Profile

Portland, OR

PURPOSE: GENERAL SUPPORT

$25,000

WORLD COUNCIL OF CREDIT UNIONS

Org PageRecipient Profile

Madison, WI

PURPOSE: GENERAL SUPPORT

$17,500
View Grant Profile

Endowment Analysis

Beg. Balance$1,129,893
Net Contributions$1,363,831
Ending Balance$2,493,724

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$140,033,802
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$182,242,816
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$114,626,988
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$131,789,936
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$173,209,130
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$114,723,458
Premier America Credit Union
Chatsworth, CA
$107,505,968
Altura Credit Union
Riverside, CA
$106,884,732
Credit Unions In The State Of Washington
Olympia, WA
$102,241,429
Credit Unions In The State Of Washington
Tacoma, WA
$105,611,575

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