Nonprofits›Forrit Credit Union
Forrit Credit Union
CLACKAMAS, OR
Total revenue
$5.2M
Total expenses
$5.5M
Net assets
$10.4M
Grants received
—
EIN
930256538
Tax year
2024
Mission
We provide solutions to improve each members financial life by providing savings, investments, and consumer loan products at favorable rates with minimal fees.
Programs
1 program
Interest & dividends paid on savings, certificate of deposit and borrowings
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$4.0M
Investment income$1.3M
Other revenue—
Total revenue$5.2M
Expenses
Grants paid—
Salaries & benefits$2.2M
Fundraising—
Other expenses$3.4M
Total expenses$5.5M
Total assets$93.7M
Net assets$10.4M
People
6 listed
NameRoleCompensation
Justin Olson
CEO/President
Board
$172K
45 hrs/wk
Wendy Russell
Director of Finance
Board
$134K
45 hrs/wk
Andrew Ackman
Director of IT
Board
$117K
45 hrs/wk
Cindy Packard
Director of Member Services
Board
$113K
45 hrs/wk
Yuki Lam
Director of Marketing
Board
$94K
45 hrs/wk
Sarah Buck
Director of Experience
Board
$93K
45 hrs/wk
Independent contractors
Element
Building of our new branch
Details
EIN930256538
Subsection14
Ruling date1944-10
Formed1936
Employees24
Volunteers7