Marion and Polk Schools Credit Union
501(c)(14)
Strong reserves Growing revenue
Marion and Polk Schools Credit Union is a 501(c)(14) organization based in Salem, Oregon, registered in 1944, with $89,943,562 in FY2024 revenue.
Po Box 12398, Salem, OR, 97309 EIN 93-0465543 Since 1944
Revenue (FY2024)
$89.9M
▲ 18.3% vs prior year
Expenses (FY2024)
$75.8M
Net assets
$152.0M
Employees
398
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Marion and Polk Schools Credit Union— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating24 mo reserves · +16% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Marion and Polk Schools Credit Union: 24 mo reserves · +16% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Marion and Polk Schools Credit Union: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Marion and Polk Schools Credit Union: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
Create and maintain long-term, mutually beneficial relationships with our members and our employees.
Contact & location
Financial trends
Revenue grew from $23.6M (FY2013) to $89.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.2BNet assets $152.0M
Operating margin
15.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4B
Total liabilities
$1.2B
Net assets
$152.0M
Salaries & benefits
$28.6M
38% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $89,943,562▲18.3% | $75,778,181▲21.8% | $152,048,445▲11.1% | $1,380,746,138▲2.3% | 990 |
| 2023 | $76,028,615▲17.6% | $62,208,074▲28.8% | $136,835,730▲13.3% | $1,349,733,425▲6.5% | 990 |
| 2022 | $64,626,460▲17.0% | $48,309,555▲12.7% | $120,756,295▲11.5% | $1,267,542,136▲2.2% | 990 |
| 2021 | $55,245,201▲3.0% | $42,850,929▲6.6% | $108,338,215▲12.8% | $1,240,763,671▲18.8% | 990 |
| 2020 | $53,643,884▲4.7% | $40,208,076▲4.5% | $96,019,140▲16.0% | $1,044,818,705▲27.6% | 990 |
| 2019 | $51,259,366▲13.8% | $38,475,363▲18.8% | $82,745,715▲18.0% | $819,120,790▲9.9% | 990 |
| 2018 | $45,062,653▲19.9% | $32,393,232▲12.8% | $70,093,795▲21.7% | $745,587,945▲7.9% | 990 |
| 2017 | $37,591,520▲24.4% | $28,724,821▲15.6% | $57,576,145▲18.0% | $691,103,235▲12.7% | 990 |
| 2016 | $30,227,163▲10.4% | $24,853,191▲12.1% | $48,805,011▲14.1% | $613,182,408▲11.2% | 990 |
| 2015 | $27,374,445▲13.2% | $22,179,749▲11.6% | $42,781,818▲13.0% | $551,478,034▲10.6% | 990 |
| 2014 | $24,188,300▲2.6% | $19,882,127▲0.1% | $37,864,550▲25.5% | $498,469,240▲7.3% | 990 |
| 2013 | $23,574,049 | $19,871,967▼0.2% | $30,169,007▼4.8% | $464,346,657▲4.3% | 990 |
| 2012 | — | $19,920,243▲3.9% | $31,695,775▲12.7% | $445,383,776▲8.6% | 990 |
| 2011 | — | $19,177,029▲5.1% | $28,117,526▲10.5% | $410,005,552▲6.1% | 990 |
| 2010 | — | $18,240,402 | $25,435,088 | $386,512,846 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Mark Zook — $567,514 (0.75% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Zook | President/ceo | 50 | $567,514 |
| Scott Sadler | Chief People Officer | 50 | $406,131 |
| Jeremy Deglow | Svp of Remote Delivery | 40 | $322,576 |
| Toni Silbernagel | Chief Revenue Officer | 50 | $269,726 |
| Rachel Pross | Chief Operations Officer | 50 | $267,891 |
| Christopher Giles | Chief Experience Officer | 50 | $251,787 |
| David Budd | Svp, Head of Wealth | 40 | $224,062 |
| Charles Daiker | Svp Information Technology | 50 | $204,529 |
| Melvin Monroe | Svp Finance and Accounting | 50 | $194,878 |
| Christopher Federici | Ceo of Maps Insurance Services | 50 | $186,616 |
| Ryan Stuart | Outbound Sales Manager | 40 | $168,888 |
| Jake Stai | Vp of Risk | 40 | $166,462 |
| Brenton Paulsen | Vp of Data Strategy | 40 | $165,915 |
| Cathy Ann Grimes | Vp of Marketing | 40 | $165,433 |
| Tamara Mack | Vp of Human Resources | 40 | $165,109 |
| Traci Kendall | Vp of Administration | 50 | $156,038 |
| Jennifer Winegar | Vp of Commercial Services | 40 | $131,183 |
| Brant Wolf | Board Chair | 2 | $11,223 |
| Jeff Antrican | Board Member | 2 | $11,223 |
| Joe Phillippay | Board Member | 2 | $11,223 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cd Redding Construction Inc | Building Construction General Contractor | $4,298,846 |
| Healthcare Management Administrators | Healthcare Insurance Admin. | $2,800,994 |
| Pscu | Card Processor | $2,734,467 |
| Mastercard Incorporated | Card Services | $2,000,996 |
| Tba Insurance Group Ltd | Cpi Premiums | $1,759,583 |
Grants made · $24K in FY2024
3 grants totaling $24K in FY2024. All grants made by Marion and Polk Schools Credit Union →
| Recipient | Purpose | Amount |
|---|---|---|
| Chemeketa Community College Foundation | Donation for 5 new $2,000 scholarships for chemeketa students for 2024-25 | $10,000 |
| United Way of the Mid-willamette Valley | Sponsorship for the awesome 3000 event that provides a fun run for students k-12 in the salem-keizer school district and raises funds for education. | $7,500 |
| Mclaran Leadership Foundation | Sponsorship for salem-keizer crystal apple awards which celebrate excellence in education. | $6,647 |
Frequently asked questions
- Is Marion and Polk Schools Credit Union a legitimate nonprofit?
- Yes. Marion and Polk Schools Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 93-0465543, based in Salem, Oregon.
- What is Marion and Polk Schools Credit Union's EIN?
- Marion and Polk Schools Credit Union's Employer Identification Number (EIN) is 93-0465543.
- How much revenue does Marion and Polk Schools Credit Union report?
- Marion and Polk Schools Credit Union reported $89,943,562 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much does Marion and Polk Schools Credit Union's highest-paid employee make?
- The highest reported compensation on Marion and Polk Schools Credit Union's latest Form 990 is $567,514, paid to Mark Zook (President/ceo).
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Data for Marion and Polk Schools Credit Union (EIN 93-0465543) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.