Overview
What is River Valley Credit Union?
River Valley Credit Union is a locally controlled, member-focused financial institution situated in Brattleboro, Vermont. With approximately 18,550 members, it offers a range of financial services, including loan and deposit facilities. The credit union's mission is to operate under a state charter, aiming to benefit its members by providing them with efficient and relevant financial support. The credit union's activities encompass daily operations, ensuring that it continually meets the financial needs of its members through loan and deposit services.
Official website here: www.rivercu.com
Is River Valley Credit Union legitimate?
River Valley Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. River Valley Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $389,365
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,608,113
For more financial information, click here
Official website here: www.rivercu.com
What is the mission statement of River Valley Credit Union?
River Valley Credit Union's mission is centered around operating as a State Chartered Credit Union, serving its members effectively. The primary objective is to offer loan and deposit services to its member base, which currently stands at approximately 18,550 individuals. The daily operations of this locally controlled, full-service credit union are designed to efficiently and continuously provide various financial services to its members. The credit union's activities are geared towards enhancing the financial well-being of its members, ensuring they have access to necessary financial services.
Official website here: www.rivercu.com
Who is the CEO of River Valley Credit Union?
Jeffrey Morse is the Ceo/President of River Valley Credit Union. The CEO's salary of River Valley Credit Union is $168,077 and their total compensation is $235,520.
Official website here: www.rivercu.com
What is the revenue of River Valley Credit Union?
River Valley Credit Union's revenue in 2020 was $6,994,166.
Official website here: www.rivercu.com
Who are the executives of River Valley Credit Union and what are their salaries?
The average compensation at River Valley Credit Union during 2020 was $47,579. There are 63 employees at River Valley Credit Union.
Here are 14 key members and their salaries (River Valley Credit Union's CEO's salary is $168,077 and their total compensation is $235,520):
- Compensation: $168,077
- Related: $0
- Other: $67,443
- Compensation: $91,354
- Related: $0
- Other: $5,555
- Compensation: $73,368
- Related: $0
- Other: $9,066
- Compensation: $56,567
- Related: $0
- Other: $8,402
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rivercu.com
Where can I find the form 990 for River Valley Credit Union?
River Valley Credit Union's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.rivercu.com
Learn more at the official website: www.rivercu.com
Mission Statement of River Valley Credit Union
River Valley Credit Union, as a state-chartered entity, is dedicated to serving its members by offering loan and deposit services. Its mission, in simpler terms, is to operate as a full-service credit union, providing its approximately 18,550 members with daily financial necessities. This involves making loans, managing deposit accounts, and delivering other relevant financial services with efficiency and continuity. The credit union's operations are member-centric, aiming to cater to the financial needs of its community in a locally controlled environment.
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Impact
October, 2024
River Valley Credit Union plays a significant role in the Brattleboro, Vermont community by providing essential financial services to its approximately 18,550 members. As a state-chartered credit union, it focuses on meeting the diverse needs of its membership through accessible loan options, secure deposit accounts, and other relevant financial services.
The credit union’s mission emphasizes the importance of member benefit, ensuring that financial services are not just about profit, but about enhancing the quality of life for individuals in the community. By operating locally, River Valley Credit Union fosters a sense of community ownership and control, allowing members to make informed financial decisions that align with their personal and communal values.
Additionally, River Valley Credit Union's offerings contribute to financial stability and empowerment, helping members navigate their economic challenges and achieve their financial goals. Through its operations, the credit union promotes financial inclusivity and supports the local economy, reinforcing its commitment to serving the needs of the community.
This information is meant to be a general summary of River Valley Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $42,055
- Program Service Revenue: $5,164,880
- Gross Receipts: $7,042,292
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Interest Income
Revenue
$5,164,880
Organization Details
Founding Year
1946
Phone
(802) 254-4800Principal Officer
Jeffrey Morse
Main Address
PO Box 8366, Brattleboro, VT, 05304
Website
www.rivercu.comNTEE Category
Code: W60 - Public benefit
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