Advantis Credit Union

Organization Overview

Advantis Credit Union is located in Clackamas, 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, Advantis Credit Union employed 260 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Advantis 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, Advantis Credit Union generated $72.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $57.1m during the year ending 12/2021. While expenses have increased by 4.8% 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, Advantis Credit Union has awarded 60 individual grants totaling $784,796. 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

PROVIDING FINANCIAL SERVICES TO MEMBERS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CREDIT UNION PROVIDES FINANCIAL SERVICES TO 87,667 MEMBERS. SERVICES INCLUDE SHARE DEPOSITS AND LOANS TO MEMBERS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Alkami Technology Inc
Digital And Online Banking
$1,606,267
City Of Oregon City
Location Of New Building
$2,522,774
Kirby Nagelhout Construction Company
Construction
$6,673,605
Fiserv
Core Processor
$698,585
Tva Architects Inc
Professional Architect
$1,127,416
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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$71,292,805
Investment income $991,495
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $6,622
Net Gain/Loss on Asset Sales $46,611
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $72,337,533

Grants Awarded

Over the last fiscal year, Advantis Credit Union has awarded $98,809 in support to 8 organizations.

Grant RecipientAmount

NORTHWEST CREDIT UNION FOUNDATION

Org PageRecipient Profile

Seatac, WA

PURPOSE: 2021 MAXX EVENT LIVE AUCTION BID

$25,000

Portland, OR

PURPOSE: SINE PLATINUM SPONSORSHIP

$25,000

SELF ENHANCEMENT INC

Org PageRecipient Profile

Portland, OR

PURPOSE: DONATION TO SUPPORT OREGON'S LARGEST AFRICAN-AMERICAN-LED NONPROFIT MULTI-SERVICE ORGANIZATION, PROVIDING COMPREHENSIVE CRADLE TO CAREER SERVICES TO OVER 16,500 VULNERABLE YOUTH AND FAMILIES ANNUALLY.

$10,000

Portland, OR

PURPOSE: OPENING DOORS CAMPAIGN

$10,000

BLANCHET HOUSE OF HOSPITALITY

Org PageRecipient Profile

Portland, OR

PURPOSE: 2021 GROW GRANT RECIPIENT

$10,000

JOHNSON CREEK WATERSHED COUNCIL

Org PageRecipient Profile

Portland, OR

PURPOSE: 2021 GROW GRANT RECIPIENT

$8,345
View Grant Profile

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$140,033,802
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$182,242,816
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$114,626,988
Valley Strong Credit Union
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$131,789,936
Technology Credit Union
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$173,209,130
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$114,723,458
Premier America Credit Union
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$107,505,968
Altura Credit Union
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$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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