Ark Valley Credit Union

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

EIN: 480668113 ✦ Arkansas city, KS ✦ Designated as a 501(c)(14)

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Overview

What is Ark Valley Credit Union?

Ark Valley Credit Union, located in Arkansas City, Kansas, is a nonprofit financial institution that caters to 8,589 members. Their primary mission is to deliver top-notch financial services, aiming to improve the financial well-being of their members while ensuring the financial stability of the credit union itself. With a dedicated workforce of 23 employees, Ark Valley Credit Union provides various financially related services, contributing positively to its community.


Official website here: www.arkvalleycu.org

Is Ark Valley Credit Union legitimate?

Ark Valley Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Ark 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: $132,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $536,339

For more financial information, click here


Official website here: www.arkvalleycu.org

What is the mission statement of Ark Valley Credit Union?

Ark Valley Credit Union's mission is centered around providing top-notch financial services to its members, aiming to enhance their financial stability while ensuring the credit union's financial resilience. The organization's primary objective is to contribute to the financial well-being of its members, providing them with a wide range of financial and financially related services. By maintaining its financial strength, Ark Valley Credit Union is able to continue serving its 8,589 members effectively.


Official website here: www.arkvalleycu.org

Who is the CEO of Ark Valley Credit Union?

Kim Anneler is the Chairman of Ark Valley Credit Union. The CEO's salary of Ark Valley Credit Union is $118,354 and their total compensation is $132,978.


Official website here: www.arkvalleycu.org

What is the revenue of Ark Valley Credit Union?

Ark Valley Credit Union's revenue in 2022 was $2,311,141.


Official website here: www.arkvalleycu.org

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

The average compensation at Ark Valley Credit Union during 2022 was $29,101. There are 23 employees and 9 volunteers at Ark Valley Credit Union.


Here are 8 key members and their salaries (Ark Valley Credit Union's CEO's salary is $118,354 and their total compensation is $132,978):


Mitch Reichle (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Bower (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Thompson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheri Quick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mccaslin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Brown Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Anneler (President/Ceo)
  • Compensation: $118,354
  • Related: $0
  • Other: $14,624


Official website here: www.arkvalleycu.org

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

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


Official website here: www.arkvalleycu.org

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

Mission Statement of Ark Valley Credit Union

Ark Valley Credit Union is dedicated to providing top-notch financial services to its members, aiming to enhance their financial well-being while preserving the financial stability of the credit union itself. The organization's mission is multifaceted, focusing on delivering a broad spectrum of financial and financially related services to its 8,589 members. By doing so, Ark Valley Credit Union seeks to contribute positively to the financial lives of its members, ensuring they can navigate their financial journeys with confidence and security.

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Impact




October, 2024

Ark Valley Credit Union significantly enhances the financial well-being of its 8,589 members in Arkansas City, Kansas, by providing high-quality financial services tailored to their needs. It focuses on empowering individuals and families through access to a range of financial products and services, which fosters economic stability and growth within the community. This commitment not only supports the financial health of its members but also contributes to maintaining the overall financial strength of the credit union itself, ensuring a sustainable future for all. Through its mission, Ark Valley Credit Union effectively uplifts the community by prioritizing the interests of its members and promoting responsible financial practices.




This information is meant to be a general summary of Ark 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.

Revenue
$2,311,141 (2022)
Expenses
$2,082,495 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $133,757
  • Program Service Revenue: $2,162,133
  • Gross Receipts: $2,311,141

Assets and Liabilities:

  • Total Assets: $49,527,356
  • Total Liabilities: $44,286,593
  • Net Assets: $5,240,763

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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

$1,281,650

FEES & OTHER INCOME

Revenue

$877,817

WARRANTY SALES

Revenue

$2,666

Organization Details

Founding Year

1955

Principal Officer

Kim Anneler

Main Address

1515 NORTH SUMMIT, ARKANSAS CITY, KS, 670051503

NTEE Category

Code: W60 - Public benefit

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