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EIN 87-0188878

Utah Power Credit Union (UPCU)

IRS 501(c) type
501(c)(14)
Num. employees
74
City
Salt Lake City
State
Utah
Year formed
1935
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Utah Power Credit Union has been providing financial power to its members since 1935. Generations later, they fellow members share in UPCU’s success with the same pride, passion and service.
Related structure
UPCU is child organization, under the parent exemption from Credit Unions Chartered in the State of Utah.
Also known as...
Credit Unions Chartered in the State of Utah
Total revenues
$29,816,489
2023
Total expenses
$25,405,400
2023
Total assets
$923,376,279
2023
Num. employees
74
2023

Program areas at UPCU

The Credit Union serves PacifiCorp employees, Union Pacific/Southern Pacific Railroad or Utah Railway company employees (living and/or working in Carbon or Emery County), Deseret Power employees and its subsidiaries/cooperatives, the following related organizations: Intermountain Consumer Power Association, Utah Associated Municipal Power Systems, Intermountain Power Agency, and Utah Rural Electric Association, and their families. Money deposited from members is loaned out to other members. Funds not loaned out are invested. Income received from loan and investment interest allows us to provide low loan rates and high savings rates to our members. We return profits back to members in the form of dividends and any remaining profits go into a required reserve account.

Personnel at UPCU

NameTitleCompensation
Ryan PollickPresident and Chief Executive Officer$259,917
Russell PayneVice President , Accounting and Finance
Chris BremsSenior Vice President Technology and Strategy$193,972
Dennis J HymasPresident$82,577
Crystal DorrellVice President$94,270

Financials for UPCU

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$18,388,240
Investment income and dividends$7,168,558
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$4,259,691
Total revenues$29,816,489

Form 990s for UPCU

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-07990View PDF
2022-122023-05-11990View PDF
2021-122022-05-13990View PDF
2020-122021-06-30990View PDF
2019-122020-08-11990View PDF
...and 10 more Form 990s
Data update history
July 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 26, 2023
Updated personnel
Identified 4 new personnel
October 17, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
957 E 6600 South
Salt Lake City, UT 84121
Metro area
Salt Lake City, UT
County
Salt Lake County, UT
Website URL
utahpowercu.org/ 
Phone
(801) 708-8900
IRS details
EIN
87-0188878
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1935
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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