Jemez Valley Credit Union

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

EIN: 850204263 ✦ Jemez springs, NM ✦ Designated as a 501(c)(14)

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Overview

What is Jemez Valley Credit Union?

Jemez Valley Credit Union is a nonprofit organization situated in Jemez Springs, New Mexico. With a focus on providing financial services, they offer share and loan facilities to approximately 1900 members. Their primary mission, as a source of credit, ensures that members can access loans at reasonable rates for various provident and productive purposes. The credit union operates with a small team of nine employees, demonstrating their commitment to serving their members effectively.


Official website here: www.jvcu.org

Is Jemez Valley Credit Union legitimate?

Jemez Valley Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Jemez 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: $206,621
Professional Fundraising Fees: $0
Other Salaries and Wages: $229,975

For more financial information, click here


Official website here: www.jvcu.org

What is the mission statement of Jemez Valley Credit Union?

Jemez Valley Credit Union serves as a reliable source of credit for its members, offering legitimate interest rates for provident and productive purposes. By doing so, it aims to support its members in their financial needs. The credit union provides share and loan services to approximately 1900 members, thereby assisting them in their financial endeavors. In essence, Jemez Valley Credit Union acts as a financial ally for its members, offering affordable credit options for their various financial requirements.


Official website here: www.jvcu.org

Who is the CEO of Jemez Valley Credit Union?

Christine Trujillo is the Ceo/Manager of Jemez Valley Credit Union. The CEO's salary of Jemez Valley Credit Union is $96,535 and their total compensation is $106,006.


Official website here: www.jvcu.org

What is the revenue of Jemez Valley Credit Union?

Jemez Valley Credit Union's revenue in 2022 was $1,285,077.


Official website here: www.jvcu.org

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

The average compensation at Jemez Valley Credit Union during 2022 was $48,511. There are 9 employees and 12 volunteers at Jemez Valley Credit Union.


Here are 8 key members and their salaries (Jemez Valley Credit Union's CEO's salary is $96,535 and their total compensation is $106,006):


Christine Trujillo (Ceo/Manager)
  • Compensation: $96,535
  • Related: $0
  • Other: $9,471
Cody Lewis (Asst Manager/Compliance)
  • Compensation: $88,278
  • Related: $0
  • Other: $12,337
Glenda Witt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Wilson (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Swetnam (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Wiseman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Froelich (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Mora (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jvcu.org

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

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


Official website here: www.jvcu.org

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

Mission Statement of Jemez Valley Credit Union

Jemez Valley Credit Union serves as a reliable source of credit for its members, offering them legitimate interest rates for provident and productive purposes. This mission statement suggests that the credit union is committed to providing its members with necessary financial assistance, ensuring they pay reasonable interest rates. The provision of these funds is expected to be used for beneficial and productive purposes, indicating a focus on promoting financial stability and growth among its members. The credit union's services, which include share and loan facilities, cater to approximately 1900 members, further emphasizing its role as a financial support system for its members.

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Impact




October, 2024

Jemez Valley Credit Union plays a vital role in its community by providing access to credit for its members at legitimate rates of interest. Serving approximately 1,900 individuals, the credit union empowers its members to engage in provident and productive financial activities. By offering share and loan services, it fosters financial stability and growth within Jemez Springs, NM, contributing significantly to the overall economic health of the area. Its mission underscores a commitment to enhancing the financial well-being of its community, enabling members to pursue their goals with accessible financial resources.




This information is meant to be a general summary of Jemez 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
$1,285,077 (2022)
Expenses
$1,252,298 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,285,077
  • Gross Receipts: $1,285,077

Assets and Liabilities:

  • Total Assets: $30,432,862
  • Total Liabilities: $26,749,350
  • Net Assets: $3,683,512

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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

$855,457

FEES CHARGES

Revenue

$129,913

LOAN FEES

Revenue

$25,307

INVESTMENT INCOME

Revenue

$117,614

MISCELLANEOUS

Revenue

$156,786

Organization Details

Founding Year

1966

Principal Officer

Christine Trujillo

Main Address

17117 HWY4 PO Box 120, JEMEZ SPRINGS, NM, 87025

NTEE Category

Code: W60 - Public benefit

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