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Weststar Credit Union

Organization summary

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$13.3M (2023)

Expenses
$11.7M (2023)

Total Assets
$248M (2023)

Total Liabilities
$232M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,305,618
Expenses
$11,652,539
Net Income
$1,653,079
Net Assets
$16,969,193
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,747,537
73.3%
Investment Income $3,256,089
24.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $245,704
1.8%
Net Inventory Sales $0
Other Revenue $56,288
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,417,552
12.2%
Professional Fundraising Fees $0
Other Salaries and Wages $2,369,601
20.3%
Assets/Debt
Total Assets $248,487,847
Total Liabilities $231,518,654
Net Assets $16,969,193
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rick Schmidt (Former Ceo) $524,940 $0 $2,459
John Bagents (President/Ceo) $231,143 $0 $22,995
Dion Koop (Svp/Cfo) $204,480 $0 $20,203
Lorraine Vallone (Vp Hr & Training) $125,303 $0 $16,802
Nina Leyva (Vp Sales Service) $114,395 $0 $16,488
Donna Rumph (Vp Internal Controls) $111,545 $0 $15,367
Bertha Robles (Vp Controller) $105,746 $0 $14,324
Kevin Orrock (Board Chairman) $0 $0 $0
Jeff Pero (Vice Chairman, Audit Cmte Member) $0 $0 $0
Craig Hawkins (Secretary) $0 $0 $0
Curtis Ching (Treasurer) $0 $0 $0
Doug Michael (Board Member) $0 $0 $0
Merv Gupton (Audit Cmte. Chairman) $0 $0 $0
James Hanisch (Audit Cmte Member) $0 $0 $0
Joan Scrivner (Audit Cmte. Member) $0 $0 $0
William Barbee (Audit Cmte. Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,923,066
Expenses
$10,031,902
Net Income
$891,164
Net Assets
$13,317,866
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,010,803
82.5%
Investment Income $1,892,764
17.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $19,499
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $1,090,207
10.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,904,388
29.0%
Assets/Debt
Total Assets $255,839,937
Total Liabilities $242,522,071
Net Assets $13,317,866
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rick Schmidt (Former Ceo) $333,377 $0 $34,830
Dion Koop (Svp & Cfo) $179,082 $0 $24,263
Lorraine Vallone (Vp Hr) $115,512 $0 $13,993
John Holler (Vp Lending) $105,235 $0 $1,163
Scott Manchee (Vp It) $103,503 $0 $4,780
Nina Leyva (Vp Sales Service) $102,449 $0 $13,192
Donna Rumph (Vp Internal Controls) $101,295 $0 $12,145
John Bagents (President & Ceo) $49,754 $0 $1,980
Craig Hawkins (Board Chairman) $0 $0 $0
Curtis Ching (Vice Chairman) $0 $0 $0
Jeff Pero (Secretary, Audit Cmte Memb) $0 $0 $0
Kevin Orrock (Treasurer) $0 $0 $0
Doug Michael (Board Member) $0 $0 $0
Merv Gupton (Audit Cmte. Chairman) $0 $0 $0
James Hanisch (Audit Cmte. Member) $0 $0 $0
Joan Scrivner (Audit Cmte. Member) $0 $0 $0
William Barbee (Audit Cmte. Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,374,892
Expenses
$9,342,855
Net Income
$1,032,037
Net Assets
$22,872,919
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,584,219
82.7%
Investment Income $1,004,040
9.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $356
0.0%
Net Inventory Sales $0
Other Revenue $786,277
7.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $503,765
5.4%
Professional Fundraising Fees $0
Other Salaries and Wages $3,397,730
36.4%
Assets/Debt
Total Assets $257,379,875
Total Liabilities $234,506,956
Net Assets $22,872,919
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rick Schmidt (President & Ceo) $234,845 $0 $79,541
Dion Koop (Svp & Cfo) $162,154 $0 $23,752
Lorraine Vallone (Vp Hr) $106,766 $0 $13,748
Craig Hawkins (Board Chairman) $0 $0 $0
Curtis Ching (Vice Chairman) $0 $0 $0
Jeff Pero (Secretary, Audit Cmte Member) $0 $0 $0
Kevin Orrock (Treasurer) $0 $0 $0
Michael Huettner (Board Member) $0 $0 $0
Merv Gupton (Audit Cmte. Chairman) $0 $0 $0
Joan Scrivner (Audit Cmte. Member) $0 $0 $0
William Barbee (Audit Cmte. Member) $0 $0 $0
Doug Michael (Audit Cmte. Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,444,088
Expenses
$10,524,555
Net Income
-$80,467
Net Assets
$23,657,539
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $8,894,029
85.2%
Investment Income $803,481
7.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $703,984
6.7%
Net Inventory Sales $0
Other Revenue $42,594
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $981,153
9.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,958,609
28.1%
Assets/Debt
Total Assets $231,442,426
Total Liabilities $207,784,887
Net Assets $23,657,539
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rick Schmidt (President & Ceo) $275,540 $0 $74,359
Dion Koop (Svp & Cfo) $175,629 $0 $24,000
Lorraine Vallone (Vp Hr) $114,422 $0 $13,911
Nina Leyva (Vp Sales & Service) $106,171 $0 $13,509
Donna Rumph (Vp Internal Controls) $104,459 $0 $10,030
Blair Conner (Vp Lending) $102,745 $0 $10,407
Scott Manchee (Vp Information Technology) $102,187 $0 $4,603
Craig Hawkins (Board Chairman) $0 $0 $0
Curtis Ching (Vice Chairman) $0 $0 $0
Jeff Pero (Secretary, Audit Cmte Member) $0 $0 $0
Kevin Orrock (Treasurer) $0 $0 $0
Michael Huettner (Board Member) $0 $0 $0
Merv Gupton (Audit Cmte. Chairman) $0 $0 $0
Joan Scrivner (Audit Cmte. Member) $0 $0 $0
William Barbee (Audit Cmte. Member) $0 $0 $0
Doug Michael (Audit Cmte. Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,855,227
Expenses
$10,783,123
Net Income
$1,072,104
Net Assets
$23,277,861
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,665,928
90.0%
Investment Income $1,112,827
9.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $23,095
0.2%
Net Inventory Sales $0
Other Revenue $53,377
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $753,342
7.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,297,453
30.6%
Assets/Debt
Total Assets $184,032,254
Total Liabilities $160,754,393
Net Assets $23,277,861
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rick Schmidt (President & Ceo) $267,306 $0 $67,113
Dion Koop (Svp & Cfo) $172,168 $0 $23,007
Lorraine Vallone (Vp Hr) $111,264 $0 $13,066
Nina Leyva (Vp Sales & Service) $102,378 $0 $12,578
Blair Conner (Vp Lending) $100,226 $0 $9,765
Craig Hawkins (Board Chairman) $0 $0 $0
Curtis Ching (Vice Chairman) $0 $0 $0
Jeff Pero (Secretary, Audit Cmte Member) $0 $0 $0
Kevin Orrock (Treasurer) $0 $0 $0
Michael Huettner (Board Member) $0 $0 $0
Merv Gupton (Audit Cmte. Chairman) $0 $0 $0
Joan Scrivner (Audit Cmte. Member) $0 $0 $0
William Barbee (Audit Cmte. Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,996,676
Expenses
$9,417,645
Net Income
$1,579,031
Net Assets
$21,947,550
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10,197,467
92.7%
Investment Income $789,945
7.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,264
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $520,620
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $3,272,462
34.7%
Assets/Debt
Total Assets $174,814,197
Total Liabilities $152,866,647
Net Assets $21,947,550
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Rick Schmidt (President & Ceo) $251,599 $0 $60,746
Dion Koop (Svf & Cfo) $163,367 $0 $20,457
Lorraine Vallone (Vp Hr) $105,654 $0 $13,185
Doug Michael (Chairman) $0 $0 $0
Craig Hawkins (Vice Chairman) $0 $0 $0
Jeff Pero (Secretary, Audit Cmte. Member) $0 $0 $0
Curtis Ching (Treasurer) $0 $0 $0
Kevin Orrock (Board Member) $0 $0 $0
Merv Gupton (Audit Cmte. Chairman) $0 $0 $0
Joan Scrivner (Audit Cmte. Member) $0 $0 $0
Michael Huettner (Audit Cmte. Member) $0 $0 $0
Michael Rodgers (Audit Cmte. Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,191,534
Expenses
$9,367,971
Net Income
$823,563
Net Assets
$20,391,582
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,500,386
44.2%
Investment Income $5,676,407
55.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $14,741
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $589,018
6.3%
Professional Fundraising Fees $0
Other Salaries and Wages $3,875,850
41.4%
Assets/Debt
Total Assets $166,569,836
Total Liabilities $146,178,254
Net Assets $20,391,582
Compensation
Key Employees and Officers Compensation Related Other
Rick Schmidt (President/Ceo) $256,470 $0 $38,969
Dion Koop (Svp/ Cfo) $158,541 $0 $19,310
Lorraine Vallone (Vp Hr) $106,124 $0 $9,604
Craig Hawkins (Vice Chairman) $0 $0 $0
Kevin Orrock (Director) $0 $0 $0
Doug Michael (Chairman) $0 $0 $0
Jeff Pero (Secretary) $0 $0 $0
Curtis Ching (Treasurer) $0 $0 $0
Merv Gupton (Audit Chair) $0 $0 $0
Joan Scrivner (Audit Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,934,394
Expenses
$8,805,947
Net Income
$1,128,447
Net Assets
$19,596,821
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,733,349
47.6%
Investment Income $5,192,045
52.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $9,000
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $446,584
5.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,687,229
30.5%
Assets/Debt
Total Assets $157,657,139
Total Liabilities $138,060,318
Net Assets $19,596,821
Compensation
Key Employees and Officers Compensation Related Other
Rick Schmidt (President/Ceo) $252,641 $0 $32,940
Dion Koop (Svp/ Cfo) $152,770 $0 $121,020
Craig Hawkins (Vice Chairman) $0 $0 $0
Kevin Orrock (Director) $0 $0 $0
Doug Michael (Chairman) $0 $0 $0
John Marino (Secretary) $0 $0 $0
Jeff Pero (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,413,627
Expenses
$8,262,854
Net Income
$1,150,773
Net Assets
$18,707,267
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,624,836
49.1%
Investment Income $4,779,974
50.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,817
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $383,166
4.6%
Professional Fundraising Fees $0
Other Salaries and Wages $3,715,814
45.0%
Assets/Debt
Total Assets $147,907,647
Total Liabilities $129,200,380
Net Assets $18,707,267
Compensation
Key Employees and Officers Compensation Related Other
Rick Schmidt (President/Ceo) $217,393 $0 $27,735
Dion Koop (Svp/ Cfo) $127,888 $0 $10,150
Craig Hawkins (Vice Chairman) $0 $0 $0
Kevin Orrock (Director) $0 $0 $0
Doug Michael (Chairman) $0 $0 $0
John Marino (Secretary) $0 $0 $0
Jeff Pero (Treasurer) $0 $0 $0
Curtis Ching (Audit Committee Mbr) $0 $0 $0
Merv Gupton (Audit Committee Chairman) $0 $0 $0
Joan Scrivner (Audit Committee Mbr) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,710,754
Expenses
$8,414,624
Net Income
$1,296,130
Net Assets
$17,605,002
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,165,391
53.2%
Investment Income $4,442,789
45.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $102,574
1.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $322,133
3.8%
Professional Fundraising Fees $0
Other Salaries and Wages $3,825,327
45.5%
Assets/Debt
Total Assets $139,062,657
Total Liabilities $121,457,655
Net Assets $17,605,002
Compensation
Key Employees and Officers Compensation Related Other
Rick Schmidt (President/Ceo) $182,299 $0 $16,182
Dion Koop (Svp/ Cfo) $117,614 $0 $6,038
Craig Hawkins (Director) $0 $0 $0
Kevin Orrock (Chairman) $0 $0 $0
Doug Michael (Secretary) $0 $0 $0
John Marino (Treasurer) $0 $0 $0
Jeff Pero (Vice Chairman) $0 $0 $0
Curtis Ching (Audit Committee Mbr) $0 $0 $0
Merv Gupton (Audit Committee Mbr) $0 $0 $0
Joan Scrivner (Audit Committee Mbr) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,590,390
Expenses
$8,820,090
Net Income
$770,300
Net Assets
$16,266,547
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $5,189,574
54.1%
Investment Income $4,381,803
45.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $19,013
0.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $528,854
6.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,313,454
37.6%
Assets/Debt
Total Assets $131,381,256
Total Liabilities $115,114,709
Net Assets $16,266,547
Compensation
Key Employees and Officers Compensation Related Other
Rick Schmidt (President/Ceo) $198,606 $0 $206,084
Doreen Mckee (Svp/ Cfo) $118,667 $0 $5,497
Craig Hawkins (Director) $0 $0 $0
Kevin Orrock (Chairman) $0 $0 $0
Doug Michael (Secretary) $0 $0 $0
John Marino (Treasurer) $0 $0 $0
Jeff Pero (Vice Chairman) $0 $0 $0
Curtis Ching (Audit Committee Mbr) $0 $0 $0
Merv Gupton (Audit Committee Mbr) $0 $0 $0
Kim Mccabe (Audit Committee Mbr) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,300,870
Expenses
$8,260,335
Net Income
$1,040,535
Net Assets
$15,775,058
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $4,781,787
51.4%
Investment Income $4,522,826
48.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,743
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $333,656
4.0%
Professional Fundraising Fees $0
Other Salaries and Wages $3,474,069
42.1%
Assets/Debt
Total Assets $130,246,072
Total Liabilities $114,471,014
Net Assets $15,775,058

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,604,316
Expenses
$8,402,800
Net Income
$1,201,516
Net Assets
$14,620,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $9,105,983
94.8%
Investment Income $508,411
5.3%
Bond Proceeds $0
Royalties $0
Rental Property Income -$36,391
Net Fundraising $0
Sales of Assets $26,313
0.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $293,587
3.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,679,881
31.9%
Assets/Debt
Total Assets $133,707,286
Total Liabilities $119,086,449
Net Assets $14,620,837

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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