ROGUE CREDIT UNION

EIN: 930491115

MEDFORD, OR

Total Revenue
$190,096,600
Total Expenses
$162,205,014
Total Assets
$3,362,829,205
Net Assets
$239,409,579
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
OR
Principal Officer
MATT STEPHENSON
Phone
8008567328
Tax Period
2023-01-01 to 2023-12-31

ROGUE CREDIT UNION, founded in 1956, is a major nonprofit that reported $190.1M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $162.2M left a modest 15% surplus.

Mission

A MEMBER-OWNED, NOT-FOR-PROFIT FINANCIAL COOPERATIVE FOR THE PURPOSE OF ENCOURAGING THRIFT AMONG ITS MEMBERS, CREATING A SOURCE OF CREDIT AT A FAIR AND REASONABLE RATE OF INTEREST, AND PROVIDING AN OPPORTUNITY FOR ITS MEMBERS TO USE AND CONTROL THEIR OWN MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION AND TO CONDUCT SUCH ACTIVITIES AS PERMITTED UNDER THE OREGON CREDIT UNION ACT.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $152,996,061
Investment Income $37,100,539
Other Revenue $0
TOTAL REVENUE $190,096,600

Expense Breakdown

Grants Paid $362,193
Salaries & Benefits $57,961,295
Fundraising Expenses $0
Other Expenses $103,881,526
TOTAL EXPENSES $162,205,014

Year-over-Year Comparison

2023 2022 Change
Revenue $190,096,600 $141,160,770 +0.3%
Expenses $162,205,014 $105,945,835 +0.5%
Net Income $27,891,586 $35,214,935 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
7
Independent Members
7
Employees
807
Volunteers
N/A

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
6
$1,946,773
Total Directors
8
$148,321
Key Employees
3
$1,700,903
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SMITH PHILIP BOARD CHAIR 1.00
Officer Director
$25,000 $0 $25,000
JOHNSON HEATHER BOARD VICE CHAIR 1.00
Officer Director
$21,000 $0 $21,000
ANGSTADT PETER BOARD SECRETARY 1.00
Officer Director
$21,000 $0 $21,000
PALM ALEX M BOARD TREASURER 1.00
Officer Director
$21,000 $0 $21,000
ITZEN NEIL BOARD MEMBER 1.00
Director
$21,000 $0 $21,000
HUTCHINSON KATIE M BOARD MEMBER 1.00
Director
$19,571 $0 $19,571
YASUDA ROGER BOARD MEMBER 1.00
Director
$18,000 $0 $18,000
HAUCK GERALD BOARD MEMBER THRU 01/23 1.00
Director
$1,750 $0 $1,750
STEPHENSON MATTHEW C CHIEF EXECUTIVE OFFICER 50.00
Officer
$1,020,745 $316,257 $1,337,002
THURMAN BLAKE CHIEF FINANCIAL OFFICER 50.00
Officer
$379,375 $142,396 $521,771
HEESE CHAD RICHARD CHIEF LENDING AND STRATEGY OFFICER 50.00
Key Emp
$590,450 $110,109 $700,559
PICKENS JEANNE M CHIEF OPERATIONS OFFICER 50.00
Key Emp
$371,648 $145,743 $517,391
ROBERSON JEFFRY DEE CHIEF INFORMATION OFFICER 50.00
Key Emp
$366,521 $116,432 $482,953
ENGLAND KELLIE L SVP OF MEMBER EXPERIENCE 50.00
Highest
$283,645 $95,487 $379,132
JOHNS TIMOTHY CHARLES SVP OF INFORMATION TECHOLOGY SERVICES 50.00
Highest
$268,717 $93,883 $362,600
OVERTON TROY R SVP OF CONSUMER AND MORTGAGE LENDING 50.00
Highest
$278,076 $84,151 $362,227
MULKINS SCOTT HAROLD SVP OF ANALYTICS AND ENTERPRISE RISK 50.00
Highest
$255,804 $72,879 $328,683
DEBEIKES CHRISTOPHER JAMES FINANCIAL ADVISOR 50.00
Highest
$279,308 $48,631 $327,939
PELHAM EUGENE L FORMER CEO 0.00
$1,358,663 $22,400 $1,381,063
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 $190,096,600 $162,205,014 $3,362,829,205 $27,891,586
2022 $141,160,770 $105,945,835 $2,958,047,425 $35,214,935
2021 $136,267,424 $98,597,299 $2,944,952,062 $37,670,125
2020 $118,130,175 $85,780,481 $2,489,533,338 $32,349,694
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