Happy Valley Credit Union

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

EIN: 620225612 ✦ Elizabethton, TN ✦ Designated as a 501(c)(14)

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Overview

What is Happy Valley Credit Union?

Happy Valley Credit Union is a nonprofit organization situated in Elizabethton, Tennessee. With a primary focus on serving its approximately 3,736 members, the credit union provides various financial services such as loans, savings, and other financial products. Operating with a team of 24 employees, Happy Valley Credit Union aims to support its members' financial needs and contribute to their financial well-being.


Official website here: www.hvcu-tn.com

Is Happy Valley Credit Union legitimate?

Happy Valley Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Happy 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $290,402

For more financial information, click here


Official website here: www.hvcu-tn.com

What is the mission statement of Happy Valley Credit Union?

Happy Valley Credit Union's mission is centered around serving approximately 3,736 members. This is achieved by offering various financial services, including loans, savings, and other related facilities. The credit union's primary objective is to cater to its member's financial needs, thereby enriching their financial well-being. The credit union's activities are geared towards providing these services effectively, thereby enhancing financial stability and growth for its members.


Official website here: www.hvcu-tn.com

Who is the CEO of Happy Valley Credit Union?

Tonya Jeffers is the Ceo/Board Tr of Happy Valley Credit Union. The CEO's salary of Happy Valley Credit Union is $69,800 and their total compensation is $93,190.


Official website here: www.hvcu-tn.com

What is the revenue of Happy Valley Credit Union?

Happy Valley Credit Union's revenue in 2022 was $1,193,368.


Official website here: www.hvcu-tn.com

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

The average compensation at Happy Valley Credit Union during 2022 was $12,100. There are 24 employees and 10 volunteers at Happy Valley Credit Union.


Here are 12 key members and their salaries (Happy Valley Credit Union's CEO's salary is $69,800 and their total compensation is $93,190):


Tonya Jeffers (Ceo/Board Tr)
  • Compensation: $69,800
  • Related: $0
  • Other: $23,390
Barbara Ballard (Vice Preside)
  • Compensation: $40,787
  • Related: $0
  • Other: $7,152
Angela Kiser (Accountant)
  • Compensation: $42,219
  • Related: $0
  • Other: $15,324
Sonja Culler (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Blackburn (Board Co-Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Dugger (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melody Crockett (Board Memebe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Woods (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Elsea (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Vanhuss (Supervisor C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Cole (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barton Edens (Supervisory)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hvcu-tn.com

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

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


Official website here: www.hvcu-tn.com

Learn more at the official website: www.hvcu-tn.com

Mission Statement of Happy Valley Credit Union

Happy Valley Credit Union, serving approximately 3,736 members, is committed to providing them with various financial services. Its primary mission lies in offering loans, savings, and other financial aid. By doing so, the credit union aims to support its members in managing their finances effectively. The credit union's activities are centered around this mission, ensuring that its members have access to the necessary financial tools to improve their financial well-being.

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Impact




October, 2024

Happy Valley Credit Union has a significant impact on the local community by providing essential financial services to approximately 3,736 members in Elizabethton, Tennessee. By offering a variety of loan services, savings options, and other financial products, the credit union supports its members in achieving their financial goals, whether it's acquiring a home, financing education, or managing day-to-day expenses.

The credit union's commitment to serving its members fosters financial stability and growth within the community. It enables individuals and families to access affordable credit, build savings, and develop sound financial habits. By focusing on the needs of its members, Happy Valley Credit Union not only enhances their economic well-being but also contributes to the overall public benefit of the area it serves. This approach helps create a more financially literate and empowered community, ultimately leading to healthier economic conditions for everyone involved.




This information is meant to be a general summary of Happy 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
$1,193,368 (2022)
Expenses
$1,090,448 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $402,946
  • Program Service Revenue: $790,422
  • Gross Receipts: $1,193,368

Assets and Liabilities:

  • Total Assets: $41,248,091
  • Total Liabilities: $35,709,393
  • Net Assets: $5,538,698

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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

$473,893

FEE INCOME

Revenue

$316,529

Organization Details

Founding Year

1933

Principal Officer

Tonya Jeffers

Main Address

P O BOX 1838, ELIZABETHTON, TN, 37644

NTEE Category

Code: W60 - Public benefit

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