Nonprofit · EIN 87-0188878
CREDIT UNIONS CHARTERED IN THE STATE OF UTAH
Also known as UTAH POWER CREDIT UNION
Tax-exempt · MURRAY, UT 84121
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $45,442,052 | $37,127,614 | $8,314,438 | $1,057,124,954 | $3,492,953 | $1,053,632,001 |
| December 31, 2024 | 990 | $37,511,027 | $34,859,897 | $2,651,130 | $993,136,155 | $3,936,284 | $989,199,871 |
| December 31, 2023 | 990 | $29,816,489 | $25,405,400 | $4,411,089 | $923,376,279 | $4,256,033 | $919,120,246 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $26,190,990
- Investment income
- $15,440,591
- Net gain from sales of assets
- $9,200
- Other revenue
- $3,810,471
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,295,302
- Other salaries and wages
- $3,024,481
- Salaries, compensation and benefits (total)
- $6,001,070
- Professional fundraising fees
- $0
- Legal fees
- $13,565
- Accounting fees
- $54,030
- Occupancy
- $358,890
- Travel
- $21,912
- Depreciation
- $605,720
Balance sheet and other
- Total assets, start of year
- $993,136,155
- Total assets, end of year
- $1,057,124,954
- Total liabilities, end of year
- $3,492,953
- Net assets, end of year
- $1,053,632,001
- Land, buildings and equipment
- $7,029,422
- Publicly traded securities
- $513,877,259
- Gross receipts
- $45,442,052
- Employees
- 76
- Volunteers
- 17
- Year formed
- 1935
- State of legal domicile
- UT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ryan Pollick | President/CEO Officer | 50 | $300,140 |
| Chris Brems | SVP Technology & Strategy Key employee | 50 | $216,766 |
| Stephen A Hastings | Board Chairman Trustee or director | 3 | $0 |
| Chris Spencer | Board Vice-Chairman Trustee or director | 3 | $0 |
| Bruce Larsen | Board Secretary Trustee or director | 3 | $0 |
| Esther Giezendanner | Board Member Trustee or director | 2 | $0 |
| Cindy Nagasawa-Cruz | Board Member Trustee or director | 2 | $0 |
| Jason Beane | Board Member Trustee or director | 2 | $0 |
| Jason Moffat | Board Member Trustee or director | 2 | $0 |
| Larry A Ellertson | Board Member Trustee or director | 2 | $0 |
| Russell K Johnson | Board Member Trustee or director | 2 | $0 |
| Joe Juliano | Alternate Board Member Trustee or director | 2 | $0 |
| Susan Simkins | Alternate Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ryan Pollick | President/CEO Officer | 50 | $273,767 |
| Chris Brems | SVP Technology & Strategy Key employee | 50 | $203,740 |
| Stephen A Hastings | Board Chairman Trustee or director | 3 | $0 |
| Chris Spencer | Board Vice-Chairman Trustee or director | 3 | $0 |
| Esther Giezendanner | Board Secretary Trustee or director | 3 | $0 |
| Bruce Larsen | Board Member Trustee or director | 2 | $0 |
| Cindy Nagasawa-Cruz | Board Member Trustee or director | 2 | $0 |
| Jason Beane | Board Member Trustee or director | 2 | $0 |
| Jason Moffat | Board Member Trustee or director | 2 | $0 |
| Larry A Ellertson | Board Member Trustee or director | 2 | $0 |
| Russell K Johnson | Board Member Trustee or director | 2 | $0 |
| Joe Juliano | Alternate Board Member Trustee or director | 2 | $0 |
| Susan Simkins | Alternate Board Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ryan Pollick | President/CEO Officer | 50 | $259,917 |
| Chris Brems | SVP Technology & Strategy Key employee | 50 | $193,972 |
| Stephen A Hastings | Board Chairman Trustee or director | 3 | $0 |
| Chris Spencer | Board Vice-Chairman Trustee or director | 3 | $0 |
| Esther Giezendanner | Board Secretary Trustee or director | 3 | $0 |
| Bruce Larsen | Board Member Trustee or director | 2 | $0 |
| Cindy Nagasawa-Cruz | Board Member Trustee or director | 2 | $0 |
| Jason Beane | Board Member Trustee or director | 2 | $0 |
| Jason Moffat | Board Member Trustee or director | 2 | $0 |
| Larry A Ellertson | Board Member Trustee or director | 2 | $0 |
| Russell K Johnson | Board Member Trustee or director | 2 | $0 |
| Joe Juliano | Alternate Board Member Trustee or director | 2 | $0 |
| Susan Simkins | Alternate Board Member Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 957 E 6600 S, MURRAY, UT 84121-2444
- In care of
- % RUSSELL PAYNE
- Principal officer (990 for 2025)
- Ryan Pollick, 957 East 6600 South, Salt Lake City, UT 84121
- Signed the 990
- Russell Payne, VP, Accounting & Finance
- Phone
- (801) 708-8900
- Website
- www.utahpowercu.org
Mission
As a credit union, we return a majority of our profits to our members in the form of dividends.
Program accomplishments
- The Credit Union serves PacifiCorp employees, Union Pacific/Southern Pacific Railroad or Utah Railway company employees (living and/or working in Carbon or Emery County), class A members of IBEW Local Union 57 working in the construction unit, Deseret Power employees and its subsidiaries/cooperatives, the following related organizations: Intermountain Consumer Power Association, Utah Associated Municipal Power Systems, Intermountain Power Agency, Utah Rural Electric Association, and their families. Money deposited from members is loaned out to other members. Funds not loaned out are invested. Income received from loan and investment interest allows us to provide low loan rates and high savings rates to our members. We return profits back to members in the form of dividends and any remaining profits go into a required reserve account.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-0188878
- Tax-exempt status
- 501(c)(14): State-chartered credit union
- Donations deductible
- No
- Exempt since
- 1956
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Group exemption
- 1349: CREDIT UNIONS CHARTERED IN THE STATE OF UTAH
- Assets (IRS master file)
- $1,057,124,954
- Income (IRS master file)
- $45,442,052
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $45,442,052 | $37,127,614 | $1,057,124,954 | IRS |
| 990 | December 2024 | $37,511,027 | $34,859,897 | $993,136,155 | IRS |
| 990 | December 2023 | $29,816,489 | $25,405,400 | $923,376,279 | XML |
| 990 | December 2022 | $26,619,729 | $18,767,998 | $898,181,100 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-0188878).
Questions about CREDIT UNIONS CHARTERED IN THE STATE OF UTAH
- What is the EIN of CREDIT UNIONS CHARTERED IN THE STATE OF UTAH?
- The employer identification number (EIN) of CREDIT UNIONS CHARTERED IN THE STATE OF UTAH is 87-0188878.
- Is CREDIT UNIONS CHARTERED IN THE STATE OF UTAH tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(14) since 1956.
- Are donations to CREDIT UNIONS CHARTERED IN THE STATE OF UTAH tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CREDIT UNIONS CHARTERED IN THE STATE OF UTAH file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CREDIT UNIONS CHARTERED IN THE STATE OF UTAH due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CREDIT UNIONS CHARTERED IN THE STATE OF UTAH last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CREDIT UNIONS CHARTERED IN THE STATE OF UTAH?
- The 990 for the year ended December 31, 2025 names Ryan Pollick.
- Who are the officers and directors of CREDIT UNIONS CHARTERED IN THE STATE OF UTAH?
- The 990 for the year ended December 31, 2025 lists 13 people; 2 received compensation from the organization, the highest $300,140 (Ryan Pollick, President/CEO).
- How much revenue does CREDIT UNIONS CHARTERED IN THE STATE OF UTAH have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $45,442,052, expenses of $37,127,614 and total assets of $1,057,124,954 at year end.
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- NATIONAL COMMISSION FOR THE CERT OF CRANE OPERATORS INC EIN 54-1750577 · last filed 990 for 2025
- UTAH HEALTH INFORMATION NETWORK INCORPORATED EIN 87-0520249 · last filed 990 for 2025
- NATIONAL ENERGY FOUNDATION INC EIN 13-2877240 · last filed 990 for 2025
- HUMANE SOCIETY OF UTAH EIN 87-0256350 · last filed 990 for 2024