Rivermark Community Credit Union
501(c)(14)
Only null% goes to programs Strong reserves Growing revenue
Rivermark Community Credit Union is a 501(c)(14) organization based in Oregon City, Oregon, registered in 1944, with $104,238,722 in FY2024 revenue. CharityIndex grades it A.
14405 Meyers Rd, Oregon City, OR, 97045 EIN 93-6024307 Since 1944
Revenue (FY2024)
$104.2M
▲ 28.1% vs prior year
Expenses (FY2024)
$105.9M
Net assets
$300.5M
Employees
368
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 Rivermark Community 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 rating34 mo reserves · -2% 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 Rivermark Community Credit Union: 34 mo reserves · -2% 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 Rivermark Community Credit Union: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 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 Rivermark Community Credit Union: 3 of 5 disclosure signals earns a B 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
Conducting credit union financial services for a member owned financial cooperative.
Contact & location
- Address
- 14405 Meyers Rd, Oregon City, OR, 97045
- City
- Oregon City
- State
- Oregon
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $33.4M (FY2013) to $104.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3.0BNet assets $300.5M
Operating margin
-1.6%
Spent more than it raised in the latest fiscal year.
Total assets
$3.3B
Total liabilities
$3.0B
Net assets
$300.5M
Salaries & benefits
$32.7M
31% of expenses
Board members
14
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $104,238,722▲28.1% | $105,941,021▲37.6% | $300,499,629▲275% | $3,331,651,060▲130% | 990 |
| 2023 | $81,367,198▲24.7% | $77,005,648▲32.2% | $80,177,835▲25.2% | $1,448,214,620▲3.4% | 990 |
| 2022 | $65,250,684▲10.5% | $58,236,378▲23.7% | $64,015,467▼43.7% | $1,400,588,793▲9.2% | 990 |
| 2021 | $59,063,025▲9.2% | $47,068,779▼5.0% | $113,636,845▲2.3% | $1,282,908,447▲14.5% | 990 |
| 2020 | $54,069,750▼4.3% | $49,569,944▲14.3% | $111,072,137▲9.1% | $1,120,708,547▲28.9% | 990 |
| 2019 | $56,492,705▲3.6% | $43,384,385▼2.1% | $101,787,766▲17.1% | $869,108,239▲1.4% | 990 |
| 2018 | $54,539,784▲5.1% | $44,297,627▼5.7% | $86,920,686▲12.9% | $857,074,350▲3.4% | 990 |
| 2017 | $51,900,962▲7.6% | $46,981,483▲12.6% | $77,020,254▲6.8% | $829,184,553▲3.8% | 990 |
| 2016 | $48,244,905▲20.0% | $41,720,842▲31.7% | $72,110,106▲9.5% | $798,804,998▲10.9% | 990 |
| 2015 | $40,211,578▲20.0% | $31,672,189▲12.7% | $65,872,644▲14.8% | $720,369,988▲17.1% | 990 |
| 2014 | $33,502,866▲0.4% | $28,113,422▲4.6% | $57,360,308▲12.7% | $614,949,259▲8.0% | 990 |
| 2013 | $33,375,355 | $26,868,813▼8.2% | $50,912,841▲10.0% | $569,309,400▲4.0% | 990 |
| 2012 | — | $29,277,566▼2.0% | $46,303,449▲12.8% | $547,316,483▲2.7% | 990 |
| 2011 | — | $29,875,480▼13.7% | $41,058,991▲7.8% | $532,815,380▲9.2% | 990 |
| 2010 | — | $34,622,037 | $38,080,728 | $487,750,116 | 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: Seth Schaefer — $838,260 (0.79% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Seth Schaefer | Evp/chief Impact Officer | 40 | $838,260 |
| Cori Poland | Chief Retail Officer | 40 | $319,307 |
| Stephanie Strimling | Chief Information Officer | 40 | $314,851 |
| David Noble | Chief Marketing Officer | 40 | $286,574 |
| Jeremy Calva | Chief Risk Officer | 40 | $285,126 |
| Aben Hill | Chief Lending Officer (thru 6/24) | 40 | $262,786 |
| Mickey Beard | Vp Lending | 40 | $219,751 |
| Ryan Halley | Svp Financial Wellness | 40 | $214,027 |
| Brian Greenfield | Vp Data, Development & Governance | 40 | $210,728 |
| Jason Werts | President/ceo | 40 | $196,880 |
| Tracey Scheradella | Vp Mortgage Lending | 40 | $196,347 |
| Mark Kaydo | Vp Business Services (thru 12/24) | 40 | $195,835 |
| Randy Bresee | Vp F&rc Leader | 40 | $194,947 |
| Amy Zimmerman | Vp, Fp&a (thru 11/24) | 40 | $186,435 |
| Cheryl Mccarthy | Vp Product Development & Mgmt | 40 | $185,818 |
| Rodney Beard | Information Security Officer | 40 | $177,654 |
| Michele Chirgwin | Avp Enterprise Risk Mgmt | 40 | $162,024 |
| Greg Spear | Chief Financial Officer | 40 | $153,604 |
| Keli Myers | Chief Operating Officer | 40 | $112,400 |
| Chris Groshko | Chief Experience Officer | 40 | $106,027 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Cu Cooperative Systems Inc | Debit and Credt Card Processing | $3,411,138 |
| Coastal Administrative Services | Healthcare Administration | $1,501,835 |
| Digital First Holdings | Online Banking Provider | $1,425,662 |
| Unify Financial Credit Union | Lead Loan Participation Lender | $1,361,994 |
| Regence Group Administrators | Healthcare Administration | $954,533 |
Grants made · $150K in FY2024
9 grants totaling $150K in FY2024. All grants made by Rivermark Community Credit Union →
| Recipient | Purpose | Amount |
|---|---|---|
| Community Impact Fund | General asistance | $68,900 |
| Black Economic Collective | General asistance | $20,000 |
| Fourth Plain Forward | General asistance | $10,000 |
| Bradley Angle | General asistance | $10,000 |
| Latino Network | General asistance | $10,000 |
| Beaverton Education Foundation | General asistance | $10,000 |
| International Carpe Diem Foundation Inc | General asistance | $9,857 |
| Street Roots | General asistance | $5,654 |
| Sunshine Division Portland Police Dept | General asistance | $5,150 |
Frequently asked questions
- Is Rivermark Community Credit Union a legitimate nonprofit?
- Yes. Rivermark Community Credit Union is a 501(c)(14) organization registered with the U.S. Internal Revenue Service under EIN 93-6024307, based in Oregon City, Oregon.
- What is Rivermark Community Credit Union's EIN?
- Rivermark Community Credit Union's Employer Identification Number (EIN) is 93-6024307.
- How much revenue does Rivermark Community Credit Union report?
- Rivermark Community Credit Union reported $104,238,722 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Rivermark Community Credit Union have?
- CharityIndex grades Rivermark Community Credit Union A, based on financial health (reserves and operating margin).
- How much does Rivermark Community Credit Union's highest-paid employee make?
- The highest reported compensation on Rivermark Community Credit Union's latest Form 990 is $838,260, paid to Seth Schaefer (Evp/chief Impact Officer).
More nonprofits in Oregon City
Explore more
Data for Rivermark Community Credit Union (EIN 93-6024307) 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.