1381 River Valley Credit Union Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 310547898 ✦ Miamisburg, OH ✦ Designated as a 501(c)(14)

Overview

What is 1381 River Valley Credit Union Inc?

1381 River Valley Credit Union Inc is a non-profit financial institution located amongst its members. It is entirely owned and managed by its own membership base, offering financial services. As a cooperative, it aims to provide financial opportunities and solutions to its members.


Official website here: www.rivervalleycu.org

Is 1381 River Valley Credit Union Inc legitimate?

1381 River Valley Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. 1381 River Valley Credit Union Inc 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,539,262
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,384,383

For more financial information, click here


Official website here: www.rivervalleycu.org

What is the mission statement of 1381 River Valley Credit Union Inc?

The 1381 River Valley Credit Union Inc operates as a non-profit financial institution, owned and managed by its members. This member-owned structure sets it apart from traditional financial institutions. The mission of the credit union revolves around providing financial services to its membership base. By being non-profit, the credit union aims to prioritize the needs and interests of its members above profit generation. The cooperative nature of the credit union enables it to offer competitive rates and personalized services, fostering a sense of community among its members. The financial institution's primary goal is to ensure that its members have access to essential financial services, supporting their financial wellbeing.


Official website here: www.rivervalleycu.org

Who is the CEO of 1381 River Valley Credit Union Inc?

Lee Spivey is the Secretary of 1381 River Valley Credit Union Inc. The CEO's salary of 1381 River Valley Credit Union Inc is $301,484 and their total compensation is $330,405.


Official website here: www.rivervalleycu.org

What is the revenue of 1381 River Valley Credit Union Inc?

1381 River Valley Credit Union Inc's revenue in 2022 was $19,820,493.


Official website here: www.rivervalleycu.org

Who are the executives of 1381 River Valley Credit Union Inc and what are their salaries?

The average compensation at 1381 River Valley Credit Union Inc during 2022 was $46,892. There are 105 employees and 9 volunteers at 1381 River Valley Credit Union Inc.

Here are 17 key members and their salaries (1381 River Valley Credit Union Inc's CEO's salary is $301,484 and their total compensation is $330,405):

    John E Bowen (President/Ceo)
  • Compensation: $301,484
  • Related: $0
  • Other: $28,921

    • Lee Spivey (Svp/Cfo)
  • Compensation: $204,109
  • Related: $0
  • Other: $19,447

    • Suzanne M Roush (Svp Operations)
  • Compensation: $169,213
  • Related: $0
  • Other: $16,082

    • Robert L Delong Jr (Svp Lending)
  • Compensation: $169,209
  • Related: $0
  • Other: $16,082

    • Eric Ebbert (Svp Sales/Marketing)
  • Compensation: $167,143
  • Related: $0
  • Other: $15,883

    • Peggy Mowry (Svp/Cio)
  • Compensation: $162,413
  • Related: $0
  • Other: $15,047

    • Johnathan Hebrank (Vp Business Services)
  • Compensation: $124,025
  • Related: $0
  • Other: $11,594

    • Carrie Poynter (Vp Compliance)
  • Compensation: $108,181
  • Related: $0
  • Other: $10,429

    • Aaron Burke (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel J Gorman (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Stapleton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Burke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Velma Amos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynda Brown Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James F Griffin (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia Matis (Vice-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rivervalleycu.org

    Where can I find the form 990 for 1381 River Valley Credit Union Inc?

    The 1381 River Valley Credit Union Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rivervalleycu.org

    Learn more at the official website: www.rivervalleycu.org

    Mission Statement of 1381 River Valley Credit Union Inc

    1381 River Valley Credit Union Inc, a member-owned and operated non-profit financial institution, is dedicated to delivering financial services to its membership base. Founded on the principle of cooperative finance, this organization is entirely controlled by its members, ensuring a community-driven approach to financial services. The mission of River Valley Credit Union is to provide financial services to its members as a non-profit entity, owned and managed by those it serves. This unique structure sets the organization apart, allowing it to prioritize the financial wellbeing of its members above all else. By operating as a cooperative, River Valley Credit Union fosters a sense of unity and shared financial success among its members.

    Impact

    This information is meant to be a general summary of 1381 River Valley Credit Union Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    1381 River Valley Credit Union Inc's impact lies in providing financial services to its members as a non-profit financial institution that is owned and operated entirely by its members. By offering these services, the credit union helps its members access necessary financial tools and resources that may not be readily available through traditional means. This allows individuals in the community to manage their finances more effectively, potentially improving their financial well-being and stability.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,706,932
  • Program Service Revenue: $18,113,561
  • Gross Receipts: $19,820,493

    • Assets and Liabilities:
  • Total Assets: $442,389,486
  • Total Liabilities: $402,486,356
  • Net Assets: $39,903,130
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST ON LOANS

    Revenue

    $14,509,010

    FEES & COMMISSIONS

    Revenue

    $3,604,551

    Organization Details

    Founding Year

    1949

    Principal Officer

    Lee Spivey

    Main Address

    505 EARL BLVD, MIAMISBURG, OH, 45342

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of 1381 River Valley Credit Union Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.