Oregon Community Credit Union

Organization Overview

Oregon Community Credit Union is located in Eugene, 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, Oregon Community Credit Union employed 664 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Oregon 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, Oregon Community Credit Union generated $182.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $104.7m during the year ending 12/2021. While expenses have increased by 9.0% 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.

Since 2017, Oregon Community Credit Union has awarded 37 individual grants totaling $2,699,441. 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

TO ASSIST OUR MEMBERS IN MAKING BENEFICIAL LONG-TERM FINANCIAL DECISIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTING THE FINANCIAL WELLBEING AND THRIFT OF 227,973 MEMBERS DURING 2021 BY PROVIDING LOAN AND SAVINGS SERVICES AT COMPETITIVE RATES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Alkami Technology Inc
Internt Banking
$1,849,367
Lending Solutions Inc
Call Center Overflow
$1,942,423
Mckenzie Commercial Contractors Inc
Contractor
$1,674,650
Experian
Loan Servicing
$972,297
Cook Solutions Group Inc
Atm Servicing
$873,615
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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$107,918,678
Investment income $1,294,718
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $73,029,420
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $182,242,816

Grants Awarded

Over the last fiscal year, Oregon Community Credit Union has awarded $1,035,791 in support to 7 organizations.

Grant RecipientAmount

Eugene, OR

PURPOSE: GENERAL SUPPORT

$946,791

EUGENE MARATHON

PURPOSE: GENERAL SUPPORT

$25,000

UNITED WAY OF LANE COUNTY

Org PageRecipient Profile

Springfield, OR

PURPOSE: GENERAL SUPPORT

$20,250

NORTHWEST CREDIT UNION FOUNDATION

Org PageRecipient Profile

Seatac, WA

PURPOSE: GENERAL SUPPORT

$16,250

EUGENE AREA CHAMBER OF COMMERCE

Org PageRecipient Profile

Eugene, OR

PURPOSE: GENERAL SUPPORT

$10,000

WORLDWIDE FOUNDATION OF CREDIT UNIONS

Org PageRecipient Profile

Madison, WI

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Oregon Community Credit Union has recieved totaling $8,000.

Awarding OrganizationAmount
Northwest Credit Union Foundation

Seatac, WA

PURPOSE: COMM DEVELOPMENT GRANT

$8,000
View Grant Recipient Profile

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$162,136,670

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