SELCO Community Credit Union

EIN: 930163693

Springfield, OR

Total Revenue
$139,819,159
Total Expenses
$121,694,355
Total Assets
$2,727,247,560
Net Assets
$254,142,554
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1936
Legal Domicile
OR
Phone
5416868000
Tax Period
2023-01-01 to 2023-12-31

SELCO Community Credit Union, founded in 1936, is a major nonprofit that reported $139.8M in total revenue in fiscal year 2023. Revenue surged 33% from the prior year, signaling strong growth momentum. Expenses of $121.7M left a modest 13% surplus.

Mission

SELCO STRIVES TO PROVIDE FINANCIAL SERVICES THAT IMPROVE OUR MEMBERS' SOCIAL AND ECONOMIC CONDITION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $98,582,132
Investment Income $27,677,760
Other Revenue $13,559,267
TOTAL REVENUE $139,819,159

Expense Breakdown

Grants Paid $106,006
Salaries & Benefits $49,514,910
Fundraising Expenses $0
Program Expenses $0
Other Expenses $72,073,439
TOTAL EXPENSES $121,694,355

Year-over-Year Comparison

2023 2022 Change
Revenue $139,819,159 $104,765,666 +0.3%
Expenses $121,694,355 $72,182,994 +0.7%
Net Income $18,124,804 $32,582,672 -0.4%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
537
Volunteers
10

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$4,580,849
Total Directors
7
$0
Key Employees
1
$421,405
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A President/Chairperson 3.0
Officer Director
$0 $0 $0
N/A VP/Vice Chair thru January 2023 2.0
Officer Director
$0 $0 $0
N/A Vice President/Vice Chairperson 2.0
Officer Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A Director thru January 2023 2.0
Director
$0 $0 $0
N/A Director 2.0
Director
$0 $0 $0
N/A CEO and Secretary 60.0
Officer
$4,025,290 $45,934 $4,071,224
N/A EVP Finance & Operations and Treasurer 50.0
Officer
$474,963 $34,662 $509,625
N/A SVP Lending & Business Banking 50.0
Key Emp
$386,743 $34,662 $421,405
N/A VP Member Experience 45.0
Highest
$246,241 $34,153 $280,394
N/A SVP Information Services and Technology 50.0
Highest
$377,577 $37,398 $414,975
N/A VP Commercial & Business Banking 45.0
Highest
$259,382 $21,053 $280,435
N/A VP Consumer Lending 45.0
Highest
$241,362 $30,449 $271,811
N/A SVP Enterprise Risk & General Counsel 50.0
Highest
$385,110 $34,662 $419,772
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $139,819,159 $121,694,355 $2,727,247,560 $18,124,804
2022 $104,765,666 $72,182,994 $2,552,976,468 $32,582,672
2021 $90,564,912 $68,389,797 $2,557,598,852 $22,175,115
2020 $88,966,031 $70,468,628 $2,184,351,982 $18,497,403
2019 $88,741,355 $66,859,907 $1,770,844,236 $21,881,448
2018 $76,309,863 $55,970,594 $1,616,007,565 $20,339,269
Explore More Nonprofits
→Top 100 Nonprofits in Oregon →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SELCO Community Credit Union with other nonprofits in Oregon and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.