Overview
What is Valley Credit Union?
Valley Credit Union is a member-centric organization committed to offering top-notch services and competitive financial products. Their mission revolves around providing members with beneficial rates and minimal fees. By prioritizing member savings and affordability, they offer low-cost loans to their members, aiming to serve their financial needs effectively.
Is Valley Credit Union legitimate?
Valley Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. 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: $365,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $813,282
For more financial information, click here
What is the mission statement of Valley Credit Union?
Valley Credit Union's mission is centered around providing outstanding service and financial products to its members. This includes offering competitive interest rates and minimal fees. The primary objective of the credit union is to promote member savings and provide affordable loans. Their mission statement, "Serving for Your Success," reflects their commitment to contributing to their members' financial well-being. They strive to deliver exceptional value, ensuring that their members can make the most of their financial resources.
Who is the CEO of Valley Credit Union?
Pat Force is the Chairman of Valley Credit Union. The CEO's salary of Valley Credit Union is $225,728 and their total compensation is $247,894.
What is the revenue of Valley Credit Union?
Valley Credit Union's revenue in 2022 was $4,901,740.
Who are the executives of Valley Credit Union and what are their salaries?
The average compensation at Valley Credit Union during 2022 was $51,266. There are 23 employees and 11 volunteers at Valley Credit Union.
Here are 11 key members and their salaries (Valley Credit Union's CEO's salary is $225,728 and their total compensation is $247,894):
- 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
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $225,728
- Related: $0
- Other: $22,166
- Compensation: $140,118
- Related: $0
- Other: $30,826
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Valley Credit Union?
Valley Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Valley Credit Union
Valley Credit Union is committed to delivering outstanding service and products, ensuring its members benefit from competitive rates and minimal fees. The organization's mission is twofold; firstly, to promote member thrift and savings, and secondly, to provide affordable loans to its members. In essence, Valley Credit Union serves its members' success by providing them with exceptional financial solutions.
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Impact
October, 2024
Valley Credit Union has a significant impact on the community by prioritizing exceptional service and offering products designed to promote financial well-being among its members. By providing great rates and low fees, the credit union fosters member thrift and savings, enabling individuals to manage their finances more effectively.
The organization’s commitment to offering low-cost loans supports members in achieving their financial goals, whether that’s purchasing a home, financing education, or addressing unexpected expenses. This focus on financial accessibility not only improves individual circumstances but also strengthens the overall economic health of the Salem, OR community. By serving its members with dedication, Valley Credit Union plays a vital role in enhancing financial stability and fostering success within the community.
This information is meant to be a general summary of 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 2022.
- Investment Income: $362,616
- Program Service Revenue: $4,539,124
- Gross Receipts: $4,901,740
Assets and Liabilities:
- Total Assets: $101,149,265
- Total Liabilities: $89,415,082
- Net Assets: $11,734,183
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$3,620,134
FEE INCOME
Revenue
$759,815
OTHER MEMBER FEES
Revenue
$159,175
Organization Details
Founding Year
1957
Phone
(503) 589-6200Principal Officer
Pat Force
Main Address
2096 MISSION ST SE, SALEM, OR, 97302
NTEE Category
Code: W60 - Public benefit
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