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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Forrit Credit Union

Forrit Credit Union

Fiscal year ending 2021. Filed on May 16, 2022.

95 SW Taylor St
Portland, Oregon 97204

Forrit Credit Union (EIN: 93-0256538) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2021 IRS Form 990 filing, Forrit Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 2 out of 20 total employees. Among the employees shown here, the average compensation is $87,231. The highest compensated employee at Forrit Credit Union is Justin Olson with fiscal year 2021 compensation of $134,059. Forrit Credit Union changed its name from Usagencies Credit Union in 2020.

Revenue, expenses, and employee compensation

Revenue

$3,304,560

Expenses

$3,106,641

Employee compensation

$1,376,675
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Justin Olson
President and Chief Executive Officer
$134,059
$134,059 No related compNo other comp
Kathleen Scholes
Vice President and Chief Financial Officer
$40,403
$40,403 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Barbara Kveton
Board Second Vice Chair
Lorene Bay
Board First Vice Chair
Lynn Voigt
Board Secretary
Michael Mouzong
Board Member
Nick Quinata
Board Member
Patricia Hyatt
Board Member
William Kirchner
Board Chair

Mission Statement

We provide solutions to improve each of our members financial lives by offering competitive-low fee services and providing financial literacy through education events.

Revisions to this organization profile

May 2, 2024:
2023 Forrit Credit Union 990 filed
May 9, 2023:
2022 Forrit Credit Union 990 filed
May 16, 2022:
2021 Forrit Credit Union 990 filed

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