Overview
What is Lower Valley Credit Union?
Lower Valley Credit Union is a nonprofit financial institution situated in Sunnyside, Washington. Serving approximately 19,400 members, its primary objective is to offer banking services. The credit union engages its members in conversations, explores their needs, introduces solutions, and educates them to strengthen relationships and foster loyalty. With a team of 73 employees, Lower Valley Credit Union strives to cater to its members' financial needs effectively.
Is Lower Valley Credit Union legitimate?
Lower Valley Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Lower 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: $327,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,217,647
For more financial information, click here
What is the mission statement of Lower Valley Credit Union?
Lower Valley Credit Union's mission is centered around engaging with its members, fostering conversations, identifying their needs, and introducing suitable solutions. This credit union aims to nurture and strengthen relationships with its members, while also educating them to enhance their understanding of financial services. The ultimate goal is to captivate member loyalty by providing excellent service. Through this approach, Lower Valley Credit Union seeks to serve its approximately 19,400 members at year-end effectively.
Who is the CEO of Lower Valley Credit Union?
Asusena Fonseca is the President/Ceo of Lower Valley Credit Union. The CEO's salary of Lower Valley Credit Union is $200,793 and their total compensation is $200,793.
What is the revenue of Lower Valley Credit Union?
Lower Valley Credit Union's revenue in 2020 was $11,171,609.
Who are the executives of Lower Valley Credit Union and what are their salaries?
The average compensation at Lower Valley Credit Union during 2020 was $34,867. There are 73 employees at Lower Valley Credit Union.
Here are 9 key members and their salaries (Lower Valley Credit Union's CEO's salary is $200,793 and their total compensation is $200,793):
- Compensation: $200,793
- Related: $0
- Other: $0
- Compensation: $126,875
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lower Valley Credit Union?
Lower Valley Credit Union's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Lower Valley Credit Union
Lower Valley Credit Union's mission is centered around engaging its members in meaningful conversations, exploring their potential needs, introducing relevant solutions, educating them, nurturing relationships, and ultimately, captivating their loyalty. By pursuing this mission, the credit union aims to provide excellent banking services to its members, serving approximately 19,400 individuals at the end of the year. Their approach is multifaceted, encompassing various strategies to engage with their members, understand their requirements, and deliver tailored solutions. This mission is not just about banking services; it is about building a loyal and sustained relationship with each member, ensuring they feel valued and well-served.
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Impact
October, 2024
Lower Valley Credit Union plays a crucial role in fostering financial well-being within the community. By engaging members in meaningful conversations and understanding their needs, the credit union is able to tailor its services to meet the unique demands of its approximately 19,400 members.
Through education and the introduction of innovative financial solutions, Lower Valley Credit Union empowers its members to make informed decisions, enhancing their financial literacy and stability. The emphasis on nurturing relationships not only cultivates loyalty but also strengthens the overall community fabric.
By prioritizing member engagement and support, Lower Valley Credit Union significantly contributes to the financial health and empowerment of individuals and families in Sunnyside, WA. Its commitment to captivating member loyalty ensures long-term relationships that foster a supportive financial environment for all members.
This information is meant to be a general summary of Lower 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $79,575
- Program Service Revenue: $10,893,130
- Gross Receipts: $11,171,609
Assets and Liabilities:
- Total Assets: $128,364,012
- Total Liabilities: $118,580,384
- Net Assets: $9,783,628
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GAP AND WARRANTY INCOME
Revenue
$241,653
INSURANCE REBATES
Revenue
$13,390
INTEREST ON LOANS
Revenue
$8,619,958
OTHER INCOME
Revenue
$306,279
SERVICE CHARGES
Revenue
$1,691,054
Organization Details
Phone
(509) 837-5295Principal Officer
Asusena Fonseca
Main Address
900 YAKIMA VALLEY HIGHWAY, SUNNYSIDE, WA, 98944
NTEE Category
Code: W60 - Public benefit
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