Volunteer Corporate Credit Union

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

EIN: 621120233 ✦ Nashville, TN ✦ Designated as a 501(c)(14)

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Overview

What is Volunteer Corporate Credit Union?

Volunteer Corporate Credit Union is a not-for-profit financial cooperative located in Nashville, Tennessee, specifically at 2460 Atrium Way, ZIP code 37214. Established to serve natural person credit unions nationally, its primary goal is to offer affordable financial services and competitive investment and lending rates to its member/owners. Inspiring credit unions to reach new heights, Volunteer Corporate Credit Union provides dynamic payment solutions, custom investment services, and unparalleled member service. Committed to serving as the primary financial partner with credit unions, they strive to offer superior products, services, and support. With a dedicated workforce of 69 employees, the credit union's mission is to help credit unions thrive and prosper.


Official website here: www.volcorp.org

What are the reviews and ratings of this charity?

Volunteer Corporate Credit Union is currently not rated by Charity Navigator due to its classification outside the 501(c)(3) nonprofit category, which is a prerequisite for many evaluations. This absence of a rating does not imply any specific judgment on the organization's performance or effectiveness. Charity Navigator's focus remains on assessing aspects of accountability, finance, and various other operational benchmarks for eligible entities.

The lack of available data on the organization's total revenue, expenses, and leadership salaries further limits insight into its financial health and internal operations. These metrics are essential components of Charity Navigator's evaluation process, making it difficult to provide a comprehensive analysis of the organization's economic standing or resource allocation.

There are no user reviews available on GreatNonprofits, providing no additional qualitative insights into donor experiences or stakeholder perspectives regarding Volunteer Corporate Credit Union's impact or community involvement. Consequently, public understanding of the organization largely remains dependent on future data availability and evaluations.


This AI summary has been generated from information found on Charity Navigator.

Is Volunteer Corporate Credit Union legitimate?

Volunteer Corporate Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Volunteer Corporate 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: $6,071,789

For more financial information, click here


Official website here: www.volcorp.org

What is the mission statement of Volunteer Corporate Credit Union?

Volunteer Corporate Credit Union functions as a key financial partner for credit unions nationwide, delivering superior products, services, and support. This not-for-profit financial cooperative was founded with the primary objective of providing affordable financial services and competitive investment and lending rates to its member credit unions. By offering dynamic payment solutions and custom investment services, Volunteer Corporate Credit Union empowers credit unions to thrive and reach new heights. Its unparalleled member service is dedicated to ensuring the financial well-being and success of its member credit unions.


Official website here: www.volcorp.org

Who is the CEO of Volunteer Corporate Credit Union?

Justin Holt is the General Counsel of Volunteer Corporate Credit Union. The CEO's salary of Volunteer Corporate Credit Union is $572,094 and their total compensation is $631,615.


Official website here: www.volcorp.org

What is the revenue of Volunteer Corporate Credit Union?

Volunteer Corporate Credit Union's revenue in 2022 was $78,897,689.


Official website here: www.volcorp.org

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

The average compensation at Volunteer Corporate Credit Union during 2022 was $87,997. There are 69 employees at Volunteer Corporate Credit Union.


Here are 16 key members and their salaries (Volunteer Corporate Credit Union's CEO's salary is $572,094 and their total compensation is $631,615):


Bradley Arant Boult Cummings Llp (General Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Hester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Trotter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Yocum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Cooper (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Mikels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Swims (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Jacoway (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Adkison (Chief Experience Officer)
  • Compensation: $192,789
  • Related: $0
  • Other: $44,432
Jeffrey Dato (Evp/Coo)
  • Compensation: $286,588
  • Related: $0
  • Other: $53,520
Phillip Cochran (Svp/Chief Investment Offic)
  • Compensation: $369,561
  • Related: $0
  • Other: $43,113
Ben Williams (Vp Information Technology)
  • Compensation: $204,315
  • Related: $0
  • Other: $46,300
Jeffrey Merry (President/Ceo)
  • Compensation: $572,094
  • Related: $0
  • Other: $59,521
Justin Holt (Chief Financial Officer)
  • Compensation: $182,883
  • Related: $0
  • Other: $38,105


Official website here: www.volcorp.org

Where can I find the form 990 for Volunteer Corporate Credit Union?

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


Official website here: www.volcorp.org

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

Mission Statement of Volunteer Corporate Credit Union

Volunteer Corporate Credit Union, a not-for-profit financial cooperative, is dedicated to helping credit unions thrive by offering dynamic payment solutions, custom investment services, and unparalleled member service. With a mission to serve as the primary financial partner for credit unions, Volunteer Corporate Credit Union provides superior products, services, and support.

In operation for the explicit purpose of offering low-cost financial services and competitive investment and lending rates to its member/owners, this credit union goes above and beyond to inspire growth within the credit union community. By focusing on the unique needs of natural person credit unions nationally, Volunteer Corporate Credit Union sets itself apart as a trusted and essential partner.

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Impact




October, 2024

Volunteer Corporate Credit Union significantly impacts the credit union community by inspiring growth and innovation. It provides dynamic payment solutions and custom investment services tailored to meet the needs of credit unions nationwide. With a focus on delivering unparalleled member service, it ensures that credit unions can access low-cost financial services and competitive investment and lending rates. By acting as a primary financial partner, it empowers credit unions to elevate their offerings, ultimately benefiting their members and the broader community. Based in Nashville, Tennessee, Volunteer Corporate Credit Union plays a crucial role in enhancing the operational capabilities and financial health of its member credit unions, fostering a more robust and resilient financial cooperative system.




This information is meant to be a general summary of Volunteer Corporate 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
$78,897,689 (2022)
Expenses
$52,267,070 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $47,027,531
  • Gross Receipts: $78,897,689

Assets and Liabilities:

  • Total Assets: $1,546,022,853
  • Total Liabilities: $1,412,302,239
  • Net Assets: $133,720,614

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Organization Details

Founding Year

1981

Principal Officer

Justin Holt

Main Address

2460 ATRIUM WAY, NASHVILLE, TN, 37214

NTEE Category

Code: W60 - Public benefit

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