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  4. Point West Credit Union
EIN 93-0232289

Point West Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
25
City
Portland
State
Oregon
Year formed
1933
Most recent tax filings
2022-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
To promote thrift among members by affording them the opportunity for accumulating their savings, to create for them a source of Credit at a fair and reasonable rate of interest and to provide the opportunity for the members to use and control their money in order to improve their economic and social condition. To perform Credit Union activities to benefit the members of the Credit Union and maintain the financial integrity of the Credit Union.
Related structure
Point West Credit Union is child organization, under the parent exemption from State Chartered Credit Unions in Oregon.
Total revenues
$5,970,956
2022
Total expenses
$4,941,470
2022
Total assets
$107,931,239
2022
Num. employees
25
2022

Program areas at Point West Credit Union

Normal Credit Union operations, including lending, deposit products and fee services for the Credit Union's members.

Grants made by Point West Credit Union

GranteeGrant descriptionAmount
Metropolitan Family Service (MFS)To Support Advocacy for Low-Income Communities$5,000

Personnel at Point West Credit Union

NameTitleCompensation
Amy NelsonPresident and Chief Executive Officer / Chief Executive Officer , Treasurer$194,750
Steve PagenstecherChief Operating Officer$148,543
Sarah FergasonChief Financial Officer$133,956
Ray CornwellVice President Lending and Operations$106,172
Oscar PorrasSecretary , Board Member$0
...and 12 more key personnel

Financials for Point West Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,400,000
Program services$4,068,567
Investment income and dividends$489,990
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$12,399
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,970,956

Form 990s for Point West Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2018-122020-02-06990View PDF
2017-122019-03-15990View PDF
...and 8 more Form 990s

Organizations like Point West Credit Union

OrganizationLocationRevenue
Oregonians Credit UnionMilwaukie, OR$11,837,006
NW Priority Credit UnionPortland, OR$7,209,647
Valley Credit UnionSalem, OR$4,901,740
Forrit Credit UnionPortland, OR$3,668,740
Benton County Schools Credit UnionCorvallis, OR$1,932,696
Sofcu Community Credit UnionCoquille, OR$10,652,673
Cascade Central Credit UnionHood River, OR$2,369,039
Credit Unions in the State of MountainCrest Credit UnionArlington, WA$6,466,816
First Imperial Credit Union (FICU)El Centro, CA$10,509,894
Five County Credit UnionBath, ME$19,031,105
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 3 new personnel
January 1, 2024
Used new vendors
Identified 1 new vendor, including
June 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
Political advocacyReceives government funding
General information
Address
5257 Ne MLK JR Blvd Suite 301
Portland, OR 97211
Metro area
Portland-Vancouver-Hillsboro, OR-WA
County
Multnomah County, OR
Website URL
pointwestcu.com/ 
Phone
(503) 546-5000
IRS details
EIN
93-0232289
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1933
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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