Sioux Valley Community Credit Union

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

EIN: 420837840 ✦ Sioux city, IA ✦ Designated as a 501(c)(14)

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Overview

What is Sioux Valley Community Credit Union?

Sioux Valley Community Credit Union is a nonprofit organization located in Sioux City, Iowa, with a postal address at PO Box 387. Their primary mission is to promote thrift, offer financial services, and provide credit at reasonable rates to their members. As a credit union, they serve around 3,400 members annually. Their activities are centered around financial services, namely share savings and loans, aiming to benefit their member base. The organization is staffed by 14 employees, ensuring the smooth operation of its operations and services.


Official website here: www.siouxvalleyccu.com

Is Sioux Valley Community Credit Union legitimate?

Sioux Valley Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Sioux Valley Community 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: $170,290
Professional Fundraising Fees: $0
Other Salaries and Wages: $333,752

For more financial information, click here


Official website here: www.siouxvalleyccu.com

What is the mission statement of Sioux Valley Community Credit Union?

The Sioux Valley Community Credit Union operates with the primary objective of promoting thrift and providing credit at reasonable rates to its members. This financial institution also offers various other financial services to its members. Its mission is centered around providing financial services, such as share savings and loans, to its members for their benefit. The credit union serves approximately 3400 members during the 2022 tax year.


Official website here: www.siouxvalleyccu.com

Who is the CEO of Sioux Valley Community Credit Union?

John Parks is the Board Cfo of Sioux Valley Community Credit Union. The CEO's salary of Sioux Valley Community Credit Union is $88,872 and their total compensation is $111,754.


Official website here: www.siouxvalleyccu.com

What is the revenue of Sioux Valley Community Credit Union?

Sioux Valley Community Credit Union's revenue in 2022 was $1,478,027.


Official website here: www.siouxvalleyccu.com

Who are the executives of Sioux Valley Community Credit Union and what are their salaries?

The average compensation at Sioux Valley Community Credit Union during 2022 was $36,003. There are 14 employees at Sioux Valley Community Credit Union.


Here are 11 key members and their salaries (Sioux Valley Community Credit Union's CEO's salary is $88,872 and their total compensation is $111,754):


Roland Foster (Board Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Wilson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Hill (Board Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Massey (Audit Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Alioth (Credit Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Fetterman (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Welte (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Dorale-Hampf (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Murphy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Parks (Ceo/Manager)
  • Compensation: $88,872
  • Related: $0
  • Other: $22,882
Amie Reynolds (Director Of Operations)
  • Compensation: $50,484
  • Related: $0
  • Other: $8,052


Official website here: www.siouxvalleyccu.com

Where can I find the form 990 for Sioux Valley Community Credit Union?

Sioux Valley Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.siouxvalleyccu.com

Learn more at the official website: www.siouxvalleyccu.com

Mission Statement of Sioux Valley Community Credit Union

Sioux Valley Community Credit Union is dedicated to serving its members by promoting savings, offering credit at reasonable rates, and providing various financial services. This mission is the primary focus of the credit union, aiming to benefit its members financially. The organization's activities are centered around providing share savings and loans, making it a reliable resource for its members' financial needs. In the 2022 tax year, the credit union served a total of 3400 members, demonstrating its commitment to its members' financial well-being.

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Impact




October, 2024

Sioux Valley Community Credit Union makes a significant impact in the Sioux City, IA area by promoting financial well-being and accessibility for its 3,400 members. Through its commitment to thrift and responsible lending, the credit union provides essential financial services, including share savings and loans, at reasonable rates. This dedication fosters a supportive environment for individuals to manage their finances effectively, build savings, and gain access to credit. By addressing the financial needs of its community members, Sioux Valley Community Credit Union not only enhances individual financial stability but also contributes to the overall economic growth and resilience of the region.




This information is meant to be a general summary of Sioux Valley Community 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.

Revenue
$1,478,027 (2022)
Expenses
$1,397,799 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $171,516
  • Program Service Revenue: $896,947
  • Gross Receipts: $1,478,027

Assets and Liabilities:

  • Total Assets: $36,890,475
  • Total Liabilities: $32,825,947
  • Net Assets: $4,064,528

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Programs

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

INTEREST ON LOANS

Revenue

$868,316

CC INTERCHANGE

Revenue

$28,631

Organization Details

Founding Year

1952

Principal Officer

John Parks

Main Address

PO BOX 387, SIOUX CITY, IA, 511020387

NTEE Category

Code: W60 - Public benefit

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