Vystar Credit Union

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

EIN: 590690965 ✦ Jacksonville, FL ✦ Designated as a 501(c)(14)

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Overview

What is Vystar Credit Union?

Vystar Credit Union is a financial institution based in Jacksonville, Florida, located at 76 South Laura Street, with a total workforce of 2937 employees. Their primary mission is to cater to the financial needs of their members by offering competitive loan products with minimal or no fees. Established with the goal of providing quality services while maintaining fiscal responsibility, Vystar Credit Union's purpose is to make a positive impact on its members' lives. Their core value of leading by example drives them to offer top-notch financial solutions.


Official website here: www.vystarcu.org

Is Vystar Credit Union legitimate?

Vystar Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Vystar 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: $7,206,532
Professional Fundraising Fees: $0
Other Salaries and Wages: $157,326,373

For more financial information, click here


Official website here: www.vystarcu.org

What is the mission statement of Vystar Credit Union?

Vystar Credit Union is dedicated to fulfilling the financial requirements of its members. By offering top-notch products and services, the credit union aims to maintain fiscal responsibility. Its purpose extends beyond mere financial transactions; it strives to do good and lead by example in all its undertakings. Vystar Credit Union provides consumer and business loans to members at competitive rates, keeping fees minimal. In essence, it prioritizes the financial well-being of its members, ensuring access to essential credit services, and maintaining a strong financial position.


Official website here: www.vystarcu.org

Who is the CEO of Vystar Credit Union?

Unavailable The CEO's salary of Vystar Credit Union is $2,098,523 and their total compensation is $2,144,114.


Official website here: www.vystarcu.org

What is the revenue of Vystar Credit Union?

Vystar Credit Union's revenue in 2022 was $645,478,610.


Official website here: www.vystarcu.org

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

The average compensation at Vystar Credit Union during 2022 was $56,021. There are 2937 employees and 11 volunteers at Vystar Credit Union.


Here are 24 key members and their salaries (Vystar Credit Union's CEO's salary is $2,098,523 and their total compensation is $2,144,114):


Diane R Fears (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Hatfield (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip K Siddons (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Vivian (Vice Chairman)
  • Compensation: $3,217
  • Related: $0
  • Other: $0
George R Berry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Lusk (Board Member)
  • Compensation: $1,409
  • Related: $0
  • Other: $0
Jonathan Hogan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Myers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor Blackshear (Board Member)
  • Compensation: $2,711
  • Related: $0
  • Other: $0
Brian E Wolfburg (President/Ceo)
  • Compensation: $2,098,523
  • Related: $0
  • Other: $45,591
Chad Meadows (Coo)
  • Compensation: $937,088
  • Related: $0
  • Other: $44,861
James Edwards (Cfo)
  • Compensation: $211,510
  • Related: $0
  • Other: $8,717
John H Turpish (Evp/Cfo)
  • Compensation: $691,859
  • Related: $0
  • Other: $24,240
Jenny H Vipperman (Chief Lending Officer)
  • Compensation: $733,331
  • Related: $0
  • Other: $47,130
Joel R Swanson (Chief Mbrshp Experience Ofcr)
  • Compensation: $674,596
  • Related: $0
  • Other: $46,038
Kawanza Humphrey (Chief Human Resource Officer)
  • Compensation: $435,899
  • Related: $0
  • Other: $31,531
Lisa Cochran (Chief Information Officer)
  • Compensation: $831,317
  • Related: $0
  • Other: $42,523
Ryan Mcintyre (Chief Strategy Officer)
  • Compensation: $528,969
  • Related: $0
  • Other: $47,601
Dana Karzan (Chief Marketing Officer)
  • Compensation: $521,107
  • Related: $0
  • Other: $31,581
Jennifer Kouchis (Senior Vp Real Estate Lending)
  • Compensation: $337,468
  • Related: $0
  • Other: $43,031
Joseph Colca (Svp Digital Experience)
  • Compensation: $373,362
  • Related: $0
  • Other: $43,662
Lance Davies (Chief Risk Officer & General C)
  • Compensation: $508,462
  • Related: $0
  • Other: $38,765
Matthew Burgess (Chief Internal Auditor)
  • Compensation: $351,024
  • Related: $0
  • Other: $36,240
Robert L Davis (Chief Human Resources Officer)
  • Compensation: $493,539
  • Related: $0
  • Other: $0


Official website here: www.vystarcu.org

Where can I find the form 990 for Vystar Credit Union?

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


Official website here: www.vystarcu.org

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

Mission Statement of Vystar Credit Union

Vystar Credit Union, a financial institution dedicated to its members, aims to fulfill their financial needs through high-quality products and services while maintaining a strong fiscal position. The credit union's primary mission is to make a positive impact by catering to the monetary requirements of its members. With a strong commitment to doing good, Vystar Credit Union sets an exemplary standard in every aspect of its operations.

In serving its members, Vystar Credit Union offers a variety of loans at competitive rates, with minimal or no additional fees. This approach enables members to access credit and financing solutions tailored to their unique situations, ensuring they receive the best possible deal. By prioritizing the financial well-being of its members, Vystar Credit Union fosters a sense of trust and loyalty, positioning itself as a trusted partner in their financial journeys.

Through its unwavering dedication to its mission, Vystar Credit Union has established a reputation for excellence and reliability. With a focus on providing quality services, the credit union has become a beacon of financial assistance for those in need. By maintaining a sound financial footing, Vystar Credit Union ensures it can continue to support its members and offer them the best possible opportunities to improve their financial situations.

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Impact




October, 2024

Vystar Credit Union has made a significant impact in the financial landscape by focusing on the needs of its members in Jacksonville, Florida. By offering consumer and business loan products at competitive rates with minimal or no fees, Vystar empowers individuals and businesses to achieve their financial goals. The organization prioritizes fiscal soundness, ensuring that its services are both reliable and beneficial for its members.

At the core of Vystar's mission is a commitment to lead by example and do good, which translates into a range of quality products and services tailored to support the diverse needs of its membership. This focus on community-centric financial solutions enhances accessibility and promotes economic growth, providing a strong foundation for members to build their financial futures.




This information is meant to be a general summary of Vystar 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
$645,478,610 (2022)
Expenses
$572,131,606 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $103,199,107
  • Program Service Revenue: $541,860,360
  • Gross Receipts: $661,158,708

Assets and Liabilities:

  • Total Assets: $13,659,535,141
  • Total Liabilities: $12,916,924,287
  • Net Assets: $742,610,854

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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

$374,894,447

FEES & COMMISSIONS

Revenue

$150,039,082

GAIN ON SALE OF LOANS

Revenue

$3,919,532

CR LIFE & DISAB, GAP, VIS, DEBT PROTECTION

Revenue

$13,007,299

Organization Details

Founding Year

1952

Main Address

76 SOUTH LAURA STREET, JACKSONVILLE, FL, 32202

NTEE Category

Code: W60 - Public benefit

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