Overview
What is Coosa Valley Credit Union?
Coosa Valley Credit Union is a nonprofit financial cooperative based in Rome, Georgia, specifically located at 201 Redmond Circle, ZIP code 30165. The organization relies on income from its members and their investments to operate and serve its restricted membership. Coosa Valley Credit Union focuses on offering savings and lending services to its members. The mission of this credit union is to ensure financial well-being and stability for its members through various financial products and services. With a workforce of 126 employees, the credit union is dedicated to providing financial assistance and opportunities to its member-owners.
Official website here: www.mycvcu.org
Is Coosa Valley Credit Union legitimate?
Coosa Valley Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Coosa 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: $4,875,077
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,586,814
For more financial information, click here
Official website here: www.mycvcu.org
What is the mission statement of Coosa Valley Credit Union?
Coosa Valley Credit Union is dedicated to serving its membership by offering savings and lending services. The organization's primary source of funding comes from its members and their investments. Through these financial activities, Coosa Valley Credit Union is able to provide essential services to its restricted community. The cooperative's mission is to create value for its members by managing their savings and extending access to credit when needed. By focusing on its members' financial well-being, Coosa Valley Credit Union aims to build a strong and sustainable financial community.
Official website here: www.mycvcu.org
Who is the CEO of Coosa Valley Credit Union?
Andy F Harris is the CEO of Coosa Valley Credit Union The CEO's salary of Coosa Valley Credit Union is $626,178 and their total compensation is $690,811.
Official website here: www.mycvcu.org
What is the revenue of Coosa Valley Credit Union?
Coosa Valley Credit Union's revenue in 2023 was $42,546,275.
Official website here: www.mycvcu.org
Who are the executives of Coosa Valley Credit Union and what are their salaries?
The average compensation at Coosa Valley Credit Union during 2023 was $74,728. There are 140 employees and 12 volunteers at Coosa Valley Credit Union.
Here are 40 key members and their salaries (Coosa Valley Credit Union's CEO's salary is $626,178 and their total compensation is $690,811):
- Compensation: $626,178
- Related: $0
- Other: $64,633
- Compensation: $318,451
- Related: $0
- Other: $66,004
- Compensation: $314,905
- Related: $0
- Other: $56,189
- Compensation: $312,872
- Related: $0
- Other: $27,556
- Compensation: $228,637
- Related: $0
- Other: $24,436
- Compensation: $193,561
- Related: $0
- Other: $31,720
- Compensation: $185,142
- Related: $0
- Other: $27,888
- Compensation: $186,860
- Related: $0
- Other: $25,951
- Compensation: $186,127
- Related: $0
- Other: $20,317
- Compensation: $188,218
- Related: $0
- Other: $15,445
- Compensation: $180,175
- Related: $0
- Other: $21,259
- Compensation: $184,468
- Related: $0
- Other: $8,529
- Compensation: $126,219
- Related: $0
- Other: $13,109
- Compensation: $105,487
- Related: $0
- Other: $26,235
- Compensation: $115,381
- Related: $0
- Other: $13,574
- Compensation: $117,312
- Related: $0
- Other: $11,572
- Compensation: $113,531
- Related: $0
- Other: $11,931
- Compensation: $114,981
- Related: $0
- Other: $10,370
- Compensation: $106,900
- Related: $0
- Other: $17,630
- Compensation: $116,012
- Related: $0
- Other: $6,092
- Compensation: $107,716
- Related: $0
- Other: $10,912
- Compensation: $102,514
- Related: $0
- Other: $13,041
- Compensation: $103,863
- Related: $0
- Other: $11,421
- Compensation: $101,784
- Related: $0
- Other: $11,819
- Compensation: $102,172
- Related: $0
- Other: $11,207
- Compensation: $100,403
- Related: $0
- Other: $11,717
- Compensation: $103,977
- Related: $0
- Other: $7,869
- Compensation: $101,231
- Related: $0
- Other: $9,804
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
Official website here: www.mycvcu.org
Where can I find the form 990 for Coosa Valley Credit Union?
Coosa Valley Credit Union's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mycvcu.org
Learn more at the official website: www.mycvcu.org
Mission Statement of Coosa Valley Credit Union
Coosa Valley Credit Union, a member-owned cooperative, is dedicated to delivering savings and lending services to its community of members. Its mission is rooted in the income generated from the membership and the investment of their funds, enabling the organization to thrive and offer essential financial services.
By providing savings and lending activities, Coosa Valley Credit Union empowers its members to manage their finances effectively and securely. The cooperative's commitment to its members extends beyond mere transactions, as it aims to create a sustainable foundation for financial growth and stability.
Coosa Valley Credit Union's operations are fueled by the collective resources of its member base. The inflow of income from membership fees and the strategic investment of these funds serve as the backbone of the organization. This financial foundation enables Coosa Valley Credit Union to offer a range of savings and lending options tailored to the needs of its members, ultimately contributing to their financial well-being.
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Impact
October, 2024
Coosa Valley Credit Union has a significant impact on its community by offering essential savings and lending services to its member owners. Situated in Rome, Georgia, it operates on a cooperative model, empowering its members with financial products designed to meet their needs.
The credit union's unique structure allows income generated from its membership and the careful investment of members' funds to directly benefit its community. By prioritizing the financial well-being of its members, Coosa Valley Credit Union fosters economic stability and growth within the region. Its mission focuses on providing accessible financial services, which encourages responsible saving and borrowing among its members, ultimately enhancing their financial literacy and stability.
As a vital resource for local residents, Coosa Valley Credit Union contributes to the public benefit by promoting financial health, supporting community development, and ensuring that the economic interests of its members are at the forefront of its operations.
This information is meant to be a general summary of Coosa 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 2023.
- Investment Income: $2,290,433
- Program Service Revenue: $40,219,842
- Gross Receipts: $42,546,275
Assets and Liabilities:
- Total Assets: $596,907,739
- Total Liabilities: $551,910,467
- Net Assets: $44,997,272
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan Interest
Revenue
$27,468,540
Fee/Other Income
Revenue
$12,751,302
Organization Details
Founding Year
2017
Principal Officer
Andy F Harris President -
Website
www.mycvcu.orgNTEE Category
Code: W60 - Public benefit
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