NonprofitsBoulder Dam Credit Union

Boulder Dam Credit Union

BOULDER CITY, NV

Total revenue

$38.8M

Total expenses

$28.9M

Net assets

$98.6M

Grants received

EIN

880059939

Tax year

2024

Mission

We are people helping people build their futures and realize their dreams by providing share and loan accounts and other financial services.

Programs

2 programs

The second main service that boulder dam credit union (the credit union) offers is deposit services to eligible members. The credit union offers savings accounts, checking accounts, and individual retirement accounts to all members. In order to maintain a share account an individual must be eligible for membership. Eligibility requires that a person live or work in boulder city, nevada. Due to the exceptional service level provided by the credit union, approximately 90% of eligible members are members of the credit union. Once again, the credit union does not charge fees for deposit accounts; other than punitive fees for overdrafts and insufficient fund items. At 12/31/2024, the credit union had 20,103 members totaling $729,259,899 in share deposits.

An ancillary product offered by boulder dam credit union (the credit union) is the electronic delivery of services. The credit union offers debit cards, visa credit cards, atm access, mobile app access, zelle, phone account access and internet account access. All services are offered at no cost to eligible members. Additionally, the credit union belongs to the co-op atm network, which enables member to use network related atms nationwide with no surcharge. Approximately 60% of our members utilize some type of electronic delivery service.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$17.4M
Investment income$21.4M
Other revenue$14K
Total revenue$38.8M

Expenses

Grants paid
Salaries & benefits$6.1M
Fundraising
Other expenses$22.8M
Total expenses$28.9M
Total assets$829.2M
Net assets$98.6M

People

15 listed

NameRoleCompensation

STEELE HENDRIX

PRESIDENT / CEO

Board

$342K

40 hrs/wk

JARON SINGLETON

VICE-PRESIDENT / CFO

Board

$156K

40 hrs/wk

DOUG SCHEPPMAN

CHAIR

Board

2 hrs/wk

TERRY STEVENS

DIRECTOR

Board

2 hrs/wk

TINA MULLIS

DIRECTOR

Board

2 hrs/wk

ROBERT MERRELL

VICE CHAIR

Board

2 hrs/wk

CHARMAINE FERRARI

SECRETARY

Board

2 hrs/wk

FRANK DISANZA

TREASURER

Board

2 hrs/wk

CYNDY ANDERSON

DIRECTOR

Board

2 hrs/wk

MARY BETH CLIFT

MEMBER SERVICES COORDINATOR

Staff

$171K

40 hrs/wk

KYLE JOHNSON

VICE-PRESIDENT / RISK MANAGEMENT

Staff

$156K

40 hrs/wk

BARBARA BENNETT

LOAN COORDINATOR

Staff

$139K

40 hrs/wk

NANCY WARD

FORMER ACCOUNT ADMINISTRATOR

Staff

$139K

40 hrs/wk

TERI SIMMONS

ASSISTANT OPERATIONS COORDINATOR

Staff

$128K

40 hrs/wk

KIM DENNETT

ASSISTANT LOAN COORDINATOR

Staff

$116K

40 hrs/wk

Independent contractors

FISERV

DATA PROCESSING

$1.9M

QUALITY CONSTRUCTION MANAGERS

CONSTRUCTION

$530K

BUSINESS DATA INC

STATEMENT PROCESSING AND MAILING

$146K

DIEBOLD NIXDORF

ATM SERVICES AND SUPPORT

$124K

Details

EIN880059939
Subsection14
Ruling date1980-10
Formed1940
Employees53
Volunteers11
BOULDER DAM CREDIT UNION — Mission, Financials & Grants Received | Grantivo