Valley Oak Credit Union

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

EIN: 941384575 ✦ Three rivers, CA ✦ Designated as a 501(c)(14)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Valley Oak Credit Union?

Valley Oak Credit Union is a nonprofit organization located in Three Rivers, California, with the postal address 40870 Sierra Drive, CA 93271. It serves a membership base of 6,097 individuals, offering them both deposit and loan accounts. The primary mission of Valley Oak Credit Union is to provide a low-cost source of credit and financial services to its members, serving as a reliable source for their savings and checking account needs. The organization is managed by a team of 22 dedicated employees.


Official website here: www.valleyoak.org

Is Valley Oak Credit Union legitimate?

Valley Oak Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Valley Oak 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: $280,055
Professional Fundraising Fees: $0
Other Salaries and Wages: $366,253

For more financial information, click here


Official website here: www.valleyoak.org

What is the mission statement of Valley Oak Credit Union?

Valley Oak Credit Union's mission is centered around serving its members by offering them deposit and loan accounts. The credit union aims to provide a low-cost source of credit and financial services to its members, acting as a reliable source for their savings and checking account needs. In essence, Valley Oak Credit Union is dedicated to helping its members manage their finances efficiently and affordably.


Official website here: www.valleyoak.org

Who is the CEO of Valley Oak Credit Union?

Rebecca Schmidt is the Ceo of Valley Oak Credit Union. The CEO's salary of Valley Oak Credit Union is $122,861 and their total compensation is $122,861.


Official website here: www.valleyoak.org

What is the revenue of Valley Oak Credit Union?

Valley Oak Credit Union's revenue in 2022 was $3,336,376.


Official website here: www.valleyoak.org

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

The average compensation at Valley Oak Credit Union during 2022 was $29,378. There are 22 employees and 7 volunteers at Valley Oak Credit Union.


Here are 13 key members and their salaries (Valley Oak Credit Union's CEO's salary is $122,861 and their total compensation is $122,861):


Alan Cortum (Ceo)
  • Compensation: $122,861
  • Related: $0
  • Other: $0
Kiersten Vaughn (Vp)
  • Compensation: $82,194
  • Related: $0
  • Other: $0
Rebecca Schmidt (Cfo)
  • Compensation: $75,000
  • Related: $0
  • Other: $0
Randy Jordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Gunning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Mertz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Stryd (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur Ogawa (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Holbdy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gunnar Shelton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Gunning (Sc Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John P Bauer (Sc Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Wood (Sc Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.valleyoak.org

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

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


Official website here: www.valleyoak.org

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

Mission Statement of Valley Oak Credit Union

Valley Oak Credit Union is committed to serving its members by providing them with deposit and loan accounts. This nonprofit organization aims to be a reliable and affordable source of credit and financial services for its members. Furthermore, Valley Oak Credit Union also fulfills the need for savings and checking accounts for its 6,097 members. In essence, the mission of Valley Oak Credit Union is to support its members financially, offering them affordable and necessary banking services.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Valley Oak Credit Union has made a significant impact by serving 6,097 members in Three Rivers, California. It provides essential financial services, including deposit and loan accounts, which cater to the diverse needs of its community. By offering low-cost credit and affordable financial services, the credit union helps enhance the financial well-being of its members, making financial resources more accessible. Additionally, Valley Oak Credit Union acts as a vital source for savings and checking accounts, promoting financial stability and growth within the community. Overall, it plays a crucial role in empowering its members through support and accessible financial solutions.




This information is meant to be a general summary of Valley Oak 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
$3,336,376 (2022)
Expenses
$2,527,554 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $133,099
  • Program Service Revenue: $2,203,386
  • Gross Receipts: $3,363,009

Assets and Liabilities:

  • Total Assets: $76,265,916
  • Total Liabilities: $70,981,119
  • Net Assets: $5,284,797

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Interest on Loans

Revenue

$2,203,386

Organization Details

Founding Year

1944

Principal Officer

Rebecca Schmidt

Main Address

40870 Sierra Drive, Three Rivers, CA, 93271

NTEE Category

Code: W60 - Public benefit

If you are a representative of Valley Oak Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.