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)

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 not tax deductible.

Here 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

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 2,937 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):

    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

    • Lisa Cochran (Chief Information Officer)
  • Compensation: $831,317
  • Related: $0
  • Other: $42,523

    • 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

    • John H Turpish (Evp/Cfo)
  • Compensation: $691,859
  • Related: $0
  • Other: $24,240

    • 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

    • Lance Davies (Chief Risk Officer & General C)
  • Compensation: $508,462
  • Related: $0
  • Other: $38,765

    • Robert L Davis (Chief Human Resources Officer)
  • Compensation: $493,539
  • Related: $0
  • Other: $0

    • Kawanza Humphrey (Chief Human Resource Officer)
  • Compensation: $435,899
  • Related: $0
  • Other: $31,531

    • Joseph Colca (Svp Digital Experience)
  • Compensation: $373,362
  • Related: $0
  • Other: $43,662

    • Matthew Burgess (Chief Internal Auditor)
  • Compensation: $351,024
  • Related: $0
  • Other: $36,240

    • Jennifer Kouchis (Senior Vp Real Estate Lending)
  • Compensation: $337,468
  • Related: $0
  • Other: $43,031

    • James Edwards (Cfo)
  • Compensation: $211,510
  • Related: $0
  • Other: $8,717

    • William Vivian (Vice Chairman) [Trustee/Director]
  • Compensation: $3,217
  • Related: $0
  • Other: $0

    • Victor Blackshear (Board Member) [Trustee/Director]
  • Compensation: $2,711
  • Related: $0
  • Other: $0

    • Jennifer Lusk (Board Member) [Trustee/Director]
  • Compensation: $1,409
  • Related: $0
  • Other: $0

    • Diane R Fears (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Hatfield (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phillip K Siddons (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George R Berry (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Hogan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Myers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.vystarcu.org

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

    The 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.

    Impact

    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.




    Thursday, August 15, 2024

    Vystar Credit Union's impact is primarily focused on serving the financial needs of its members. By providing quality products and services while maintaining fiscal soundness, Vystar Credit Union helps individuals and businesses access consumer and business loan products at competitive rates with minimal or no fees. With a mission to do good and a core value of leading by example in everything they do, Vystar Credit Union aims to make a positive impact on the financial well-being of its members in Jacksonville, FL.





    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: $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
  • 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

    If you are a representative of Vystar Credit Union 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.