Vocality Community Credit Union

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

EIN: 942638265 ✦ Garberville, CA ✦ Designated as a 501(c)(14)

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Overview

What is Vocality Community Credit Union?

Vocality Community Credit Union is a community-focused financial institution based in Garberville, California, with the address 757 Redwood Drive. Their primary objective is to offer affordable financial services to their members, promoting financial responsibility and health through various savings, lending, and financial programs. With a team of 55 dedicated employees, their mission is to provide reliable financial solutions for the community they serve.


Official website here: www.vocalityccu.org

Is Vocality Community Credit Union legitimate?

Vocality Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Vocality Community 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: $688,282
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,723,178

For more financial information, click here


Official website here: www.vocalityccu.org

What is the mission statement of Vocality Community Credit Union?

Vocality Community Credit Union's mission is centered around providing its members with necessary financial services at affordable rates. This is achieved through the credit union's savings, lending, and other financial programs. The institution is committed to promoting thrift and financial health within its membership base. The main objective of Vocality Community Credit Union is to offer sound financial services, thereby contributing to the financial well-being of its members.


Official website here: www.vocalityccu.org

Who is the CEO of Vocality Community Credit Union?

Patricia Neighbors is the Board Chair of Vocality Community Credit Union. The CEO's salary of Vocality Community Credit Union is $299,741 and their total compensation is $299,741.


Official website here: www.vocalityccu.org

What is the revenue of Vocality Community Credit Union?

Vocality Community Credit Union's revenue in 2020 was $8,162,319.


Official website here: www.vocalityccu.org

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

The average compensation at Vocality Community Credit Union during 2020 was $43,845. There are 55 employees and 7 volunteers at Vocality Community Credit Union.


Here are 12 key members and their salaries (Vocality Community Credit Union's CEO's salary is $299,741 and their total compensation is $299,741):


Chris Ciullo (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Bliss (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Fitzgerald (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Kornberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Mendels (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Letton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Boyd (Supervisory Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Taun Moondy (Board Member 1/2020-8/2020)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Neighbors (Ceo/President)
  • Compensation: $299,741
  • Related: $0
  • Other: $0
Janet Sanchez (Senior Vice President)
  • Compensation: $129,128
  • Related: $0
  • Other: $0
Tom Farmer (Senior Vice President)
  • Compensation: $131,538
  • Related: $0
  • Other: $0
Amber Meserve (Service Center Manager)
  • Compensation: $127,875
  • Related: $0
  • Other: $0


Official website here: www.vocalityccu.org

Where can I find the form 990 for Vocality Community Credit Union?

Vocality Community Credit Union's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.vocalityccu.org

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

Mission Statement of Vocality Community Credit Union

Vocality Community Credit Union, a nonprofit organization, is committed to providing its members with essential financial services at affordable rates. Its mission is to foster thrift and financial health among its members by offering savings, lending, and other financial programs. Vocality Community Credit Union strives to deliver sound financial services, aiming to contribute positively to the financial well-being of its members.

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Impact




October, 2024

Vocality Community Credit Union significantly impacts its members by providing essential financial services that promote thrift and fiscal health. By offering reasonable rates on savings and lending products, the credit union helps improve the financial well-being of individuals and families in Garberville, CA, and the surrounding areas. Through its various financial programs, Vocality fosters a culture of responsible financial management, empowering members to achieve their financial goals. The commitment to sound financial services not only benefits individual members but also contributes to the overall economic stability of the community.




This information is meant to be a general summary of Vocality Community 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
$8,162,319 (2020)
Expenses
$7,066,146 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $480,332
  • Program Service Revenue: $7,681,987
  • Gross Receipts: $8,162,319

Assets and Liabilities:

  • Total Assets: $154,107,193
  • Total Liabilities: $138,964,538
  • Net Assets: $15,142,655

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Programs

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

INTEREST FROM LOANS

Revenue

$5,419,457

FEE INCOME

Revenue

$1,715,048

VISA INCOME

Revenue

$543,581

CREDIT LIFE AND DISABILITY

Revenue

$3,901

Organization Details

Founding Year

1979

Principal Officer

Patricia Neighbors

Main Address

757 REDWOOD DRIVE, GARBERVILLE, CA, 95542

NTEE Category

Code: W60 - Public benefit

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