Travis Credit Union

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

EIN: 941242831 ✦ Vacaville, CA ✦ Designated as a 501(c)(14)

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Overview

What is Travis Credit Union?

Travis Credit Union is a cooperative based in Vacaville, California. With a strong commitment to financial well-being, they offer various loans, such as auto, mortgages, credit cards, small business, and unsecured loans, at competitive rates to their membership. The mission of Travis Credit Union is to promote thrift and savings among its members, acting as a source of credit, and providing opportunities for members to manage their money democratically. The organization's activities aim to improve the economic and social conditions of its members. They employ a total workforce of 839 individuals.


Official website here: www.traviscu.org

Is Travis Credit Union legitimate?

Travis Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Travis 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: $11,368,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,645,370

For more financial information, click here


Official website here: www.traviscu.org

What is the mission statement of Travis Credit Union?

Travis Credit Union is a cooperative that exists to encourage savings and thrift amongst its members. Its primary goal is to create a source of credit for its members with interest rates determined by the board of directors. The credit union offers an opportunity for members to manage their money in a democratic manner, aiming to enhance their economic and social conditions. As a cooperative, Travis Credit Union operates with the belief that its earnings, savings, benefits, or services should be distributed to its members for their mutual benefit and general welfare.


Official website here: www.traviscu.org

Who is the CEO of Travis Credit Union?

Kevin Miller is the Board Chairperson of Travis Credit Union. The CEO's salary of Travis Credit Union is $457,201 and their total compensation is $490,285.


Official website here: www.traviscu.org

What is the revenue of Travis Credit Union?

Travis Credit Union's revenue in 2022 was $193,300,043.


Official website here: www.traviscu.org

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

The average compensation at Travis Credit Union during 2022 was $69,147. There are 839 employees and 12 volunteers at Travis Credit Union.


Here are 47 key members and their salaries (Travis Credit Union's CEO's salary is $457,201 and their total compensation is $490,285):


Deborah Aspling (Board Chairperson)
  • Compensation: $70
  • Related: $0
  • Other: $0
Kevin Burke (Board Vice Chairperson)
  • Compensation: $1,228
  • Related: $0
  • Other: $0
Mary Coburn (Board Secretary)
  • Compensation: $840
  • Related: $0
  • Other: $0
Douglas Beaumont (Board Treasurer)
  • Compensation: $1,232
  • Related: $0
  • Other: $0
Dee Alarcon (Board Member)
  • Compensation: $770
  • Related: $0
  • Other: $0
Leonard Augustine (Board Member)
  • Compensation: $840
  • Related: $0
  • Other: $0
Brian Howell (Board Member)
  • Compensation: $2,533
  • Related: $0
  • Other: $0
James P Kirkley (Board Member)
  • Compensation: $1,585
  • Related: $0
  • Other: $0
Richard Word (Board Member)
  • Compensation: $700
  • Related: $0
  • Other: $0
Timothy Truesdale (Supv Cmte Chairperson)
  • Compensation: $648
  • Related: $0
  • Other: $0
Kari Mullholand (Supv Cmte Member)
  • Compensation: $2,050
  • Related: $0
  • Other: $0
Johanna Benker (Supv Cmte Member)
  • Compensation: $4,235
  • Related: $0
  • Other: $0
Barry Nelson (Ceo/President(Former))
  • Compensation: $457,201
  • Related: $0
  • Other: $33,084
Kevin Miller (Ceo/President)
  • Compensation: $544,950
  • Related: $0
  • Other: $52,751
Navneet Khanna (Executive Vice President)
  • Compensation: $318,229
  • Related: $0
  • Other: $35,645
Ivan Jones (Svp/Cfo)
  • Compensation: $791,849
  • Related: $0
  • Other: $28,564
Nathan Cox (Svp, Chief Lending Officer)
  • Compensation: $333,484
  • Related: $0
  • Other: $29,720
Craig Beaudry (Svp/Chief Information Offi)
  • Compensation: $195,834
  • Related: $0
  • Other: $14,924
Dena M Rothmann (Svp, Member Experience, Ch)
  • Compensation: $305,698
  • Related: $0
  • Other: $35,321
Fabio R Biasella (Svp/Chief Marketing Office)
  • Compensation: $142,747
  • Related: $0
  • Other: $34,502
Teresa Shafer (Svp/Chief Human Resources)
  • Compensation: $147,495
  • Related: $0
  • Other: $18,521
Scott A Nichols (Svp, Chief Information Off)
  • Compensation: $311,721
  • Related: $0
  • Other: $44,031
Michael Joseph Levy (General Counsel)
  • Compensation: $317,994
  • Related: $0
  • Other: $25,009
Grant Karsas (Vp, Digital Services)
  • Compensation: $270,480
  • Related: $0
  • Other: $22,575
Gloria Nunez (Vp, Member Experience)
  • Compensation: $252,021
  • Related: $0
  • Other: $51,275
John Caladim (Vp, Finance)
  • Compensation: $251,078
  • Related: $0
  • Other: $23,188
Mark Vinella (Vp, Compliance & Risk Management)
  • Compensation: $242,957
  • Related: $0
  • Other: $52,409
Michael Gradl (Vp, Wealth Management)
  • Compensation: $242,458
  • Related: $0
  • Other: $54,159
Cynthia Mcguire (Vp, Consumer Lending)
  • Compensation: $233,001
  • Related: $0
  • Other: $40,097
Lisa Craig (Vp, Real Estate)
  • Compensation: $232,209
  • Related: $0
  • Other: $20,654
Melvin Iverson (Vp, Payments)
  • Compensation: $208,793
  • Related: $0
  • Other: $52,496
Delannia Caldwell (Vp, Talent Management)
  • Compensation: $203,318
  • Related: $0
  • Other: $28,024
Matthew Prosneski (Vp, Retail Operations)
  • Compensation: $190,209
  • Related: $0
  • Other: $49,657
Marlowe Flournoy (Vp, Information Services)
  • Compensation: $187,779
  • Related: $0
  • Other: $38,138
Karuna Boards (Avp, Business Services)
  • Compensation: $186,396
  • Related: $0
  • Other: $27,514
Martin Fleischer (Avp, Controller)
  • Compensation: $183,968
  • Related: $0
  • Other: $30,333
Angus Macdonald (Avp, Service Management)
  • Compensation: $181,157
  • Related: $0
  • Other: $23,034
Sunil Kumar (Avp, Development)
  • Compensation: $178,720
  • Related: $0
  • Other: $21,876
Debra Pinlac (Avp, Project Management Office)
  • Compensation: $175,220
  • Related: $0
  • Other: $20,340
Jaimie Galeano (Vp, Retail Sales And Service)
  • Compensation: $170,889
  • Related: $0
  • Other: $21,051
Laurie Walker (Avp, Human Resources)
  • Compensation: $168,351
  • Related: $0
  • Other: $44,521
Thomas Henry (Avp, Learning & Development)
  • Compensation: $158,796
  • Related: $0
  • Other: $35,253
Maninder Johal (Sr. Mortgage Loan Officer)
  • Compensation: $1,898,209
  • Related: $0
  • Other: $16,518
Joseph Vitullo (Sr. Mortgage Loan Officer)
  • Compensation: $531,452
  • Related: $0
  • Other: $22,019
Rickey Bradley (External Mortgage Sales Manager)
  • Compensation: $454,598
  • Related: $0
  • Other: $32,144
Aric Koshiyama (Wealth Advisor)
  • Compensation: $429,841
  • Related: $0
  • Other: $22,116
Michael White (Financial Consultant)
  • Compensation: $252,837
  • Related: $0
  • Other: $51,068


Official website here: www.traviscu.org

Where can I find the form 990 for Travis Credit Union?

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


Official website here: www.traviscu.org

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

Mission Statement of Travis Credit Union

Travis Credit Union, a cooperative organization, is dedicated to encouraging savings and thrift among its members. With a vision to improve the economic and social conditions of its members, this cooperative provides a source of credit at rates determined by its board of directors. The democratically-run financial institution offers its members the opportunity to control their own money, enabling them to use it effectively for their benefit.

Founded on the principles of mutual benefit and general welfare, Travis Credit Union operates with the earnings, savings, benefits, or services of the credit union being distributed back to its members as patronage. In essence, Travis Credit Union functions as a financial cooperative, where every member plays an essential role in shaping the organization's direction and reaping the rewards of their collective efforts. The cooperative's mission lies in fostering a thriving financial community, where members come together to support each other and build a better future.

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Impact




October, 2024

Travis Credit Union plays a vital role in promoting financial health and growth for its members in Vacaville, CA. By offering a diverse range of loans—including auto, mortgages, credit cards, small business loans, and unsecured loans—Travis Credit Union provides competitive rates that empower individuals and families to manage their finances effectively.

The cooperative structure ensures that the focus remains on the welfare of its members, fostering an environment where they can save and access credit on favorable terms. This democratic approach not only helps members gain control over their finances but also enhances their economic and social conditions. By prioritizing thrift and savings, Travis Credit Union contributes significantly to the financial well-being of the community it serves, ultimately enabling members to achieve their financial goals and improving their overall quality of life.




This information is meant to be a general summary of Travis 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
$193,300,043 (2022)
Expenses
$162,759,745 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,861,906
  • Program Service Revenue: $179,915,403
  • Gross Receipts: $314,973,800

Assets and Liabilities:

  • Total Assets: $4,698,766,675
  • Total Liabilities: $4,241,273,145
  • Net Assets: $457,493,530

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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

$137,574,886

OTHER OPERATING INCOME

Revenue

$29,692,558

FEE INCOME

Revenue

$12,647,959

Organization Details

Founding Year

1951

Principal Officer

Kevin Miller

Main Address

PO BOX 2069, VACAVILLE, CA, 95696

NTEE Category

Code: W60 - Public benefit

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