Overview
What is Valley Strong Cu Fka Kern Schools Federal Credit Union?
Valley Strong Cu Fka Kern Schools Federal Credit Union is a cooperative based in Bakersfield, California, with a mission to promote thrift and savings among its members. The credit union, which employs 793 people, offers various educational conferences and workshops, typically held twice a month, covering topics such as auto and home buying, retirement and wealth management, business banking, cyber security, and Medicare assistance. Offsite financial literacy classes are also held at local schools and colleges to introduce young community members to financial knowledge. The earnings, savings, benefits, or services of the credit union are distributed to its members as patronage, making it a democratic source of credit for its members at rates set by the board of directors, ultimately aiming to improve their economic and social conditions.
Official website here: www.valleystrong.com
Is Valley Strong Cu Fka Kern Schools Federal Credit Union legitimate?
Valley Strong Cu Fka Kern Schools Federal Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Valley Strong Cu Fka Kern Schools Federal 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $14,331,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,404,359
For more financial information, click here
What is the mission statement of Valley Strong Cu Fka Kern Schools Federal Credit Union?
Valley Strong Cu Fka Kern Schools Federal Credit Union is a cooperative established to encourage savings among its members and offer them access to affordable credit. The credit union operates on a democratic basis, with its members having the opportunity to control and use their own funds to improve their economic and social conditions. The earnings, savings, benefits, and services of the credit union are distributed to its members for their mutual benefit and general welfare. In essence, Valley Strong Cu Fka Kern Schools Federal Credit Union aims to promote financial well-being and economic growth for its members.
Official website here: www.valleystrong.com
Who is the CEO of Valley Strong Cu Fka Kern Schools Federal Credit Union?
Nicholas Ambrosini is the President/Ceo of Valley Strong Cu Fka Kern Schools Federal Credit Union. The CEO's salary of Valley Strong Cu Fka Kern Schools Federal Credit Union is $1,273,801 and their total compensation is $1,345,548.
Official website here: www.valleystrong.com
What is the revenue of Valley Strong Cu Fka Kern Schools Federal Credit Union?
Valley Strong Cu Fka Kern Schools Federal Credit Union's revenue in 2022 was $194,067,226.
Official website here: www.valleystrong.com
Who are the executives of Valley Strong Cu Fka Kern Schools Federal Credit Union and what are their salaries?
The average compensation at Valley Strong Cu Fka Kern Schools Federal Credit Union during 2022 was $63,980. There are 793 employees and 18 volunteers at Valley Strong Cu Fka Kern Schools Federal Credit Union.
Here are 56 key members and their salaries (Valley Strong Cu Fka Kern Schools Federal Credit Union's CEO's salary is $1,273,801 and their total compensation is $1,345,548):
- Nicholas Ambrosini (President/Ceo)
- Michael P Duffy (Evp/Chief Advocacy Officer)
- Steven Matejka (Evp/Coo)
- Mirella Elizabeth Reznic (Evp/Chief Strategy Officer)
- Frank Xiaodong Feng (Financial Services Professional)
- Charles Allen Smith (Svp/Chief Lending Officer)
- Deanna L Blaise (Svp Of Member Business Services)
- Stephen C Roach (Svp/Chief Digital Officer)
- Erin Rickelle Estelle (Svp/Chief Marketing Officer)
- James B Hussey (Vp Of Wealth Management)
- Mark Manns (Svp/Chief Human Resources Officer)
- Brian Grant Reynolds (Vp Of Real Estate Lending)
- Shonna Shearson (Svp Of Operations)
- Lindsay Reyes (Svp/Cfo)
- David James Rainwater (Senior Project Manager)
- Nora M Stroh (Legacy Ambassador)
- Steven G Leiga (Vp Of Accounting)
- Amanda Joan Verstl (Human Resources Manager)
- Lindsey A Balukoff Strange (Svp/Chief Retail Officer)
- Hena Raina Bhat (Svp/Chief Technology Officer)
- Joshua Allen Fetting (Vp Of Consumer Lending)
- Chei Whitmore (Market President)
- Niki Myrto Koimtzoglou (Svp/Chief Compliance Officer)
- Renee Killion (Director Of Marketing)
- Kathleen Julia Kelly (Market President)
- Bridget Lynn Johnson (Market President)
- Kevin Mccloskey (Director Of It Development)
- Kevin Michael Lange (Director Of Capital Markets)
- Lee Jacobs (Vp Of Information Technology)
- Amie J Hale (Vp Of Epmo And M&A)
- Christopher Hanson (Vp Of Data Office/Advanced Analytics)
- Richard Neal Sazama (Head Of Facilities & Capital Projects)
- Robyn R Potter (Director Of Home Loan Center)
- Susan Mays (Head Of Retail Operations)
- Richard Ramos (Financial Services Professional)
- James Lawitz (Vp Of Culture And Communications)
- Stacy Phelps (Vp Of Accounting)
- Faiyaz Elahi (Product Manager Of Consumer Lending)
- Mark Moreno (Board Member) [Trustee/Director]
- Troy Fringer (Spve Cmte Chair) [Trustee/Director]
- Tenielle Tensley (Spve Cmte Member) [Trustee/Director]
- Valencia Jones (Board Member) [Trustee/Director]
- Dr Larry Reider (Board Chairperson) [Trustee/Director]
- Mike Kileen (1St Vice Chairman) [Trustee/Director]
- Carl Ba Lange Iii (Treasurer) [Trustee/Director]
- Joanne Mills (Secretary) [Trustee/Director]
- Joe Drew (Board Member) [Trustee/Director]
- Dr S William Bruce (Board Member) [Trustee/Director]
- Marilyn Jones (Board Member) [Trustee/Director]
- Dr Dennis Scott (Board Member) [Trustee/Director]
- Dr James Fillbrandt (Board Member) [Trustee/Director]
- Dr Bryon Schaefer (Board Member) [Trustee/Director]
- Dan Shannon (Spve Cmte Member) [Trustee/Director]
- Doug Miller (Spve Cmte Member) [Trustee/Director]
- Ken Gragg (Spve Cmte Member) [Trustee/Director]
- Ramon Hendrix (Spve Cmte Member) [Trustee/Director]
Official website here: www.valleystrong.com
Where can I find the form 990 for Valley Strong Cu Fka Kern Schools Federal Credit Union?
The Valley Strong Cu Fka Kern Schools Federal Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.valleystrong.com
Learn more at the official website: www.valleystrong.com
Mission Statement of Valley Strong Cu Fka Kern Schools Federal Credit Union
Valley Strong Credit Union, a cooperative organization, is dedicated to inspiring thrift and savings among its members. Established with the primary goal of creating a financial resource for its members, the credit union offers competitive rates of interest, set by its Board of Directors. Members are given the opportunity to access and manage their funds in a democratic manner, improving their financial and social conditions.
As a cooperative, Valley Strong Credit Union operates with the mutual benefit and overall welfare of its members in mind. The earnings, savings, benefits, or services of the credit union are distributed back to the members as patronage. Through its cooperative structure, Valley Strong Credit Union provides its members with a unique platform to control their money and make a positive impact on their economic well-being.
Impact
This information is meant to be a general summary of Valley Strong Cu Fka Kern Schools Federal Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Valley Strong CU, formerly known as Kern Schools Federal Credit Union, has a significant impact on its community by promoting thrift and savings among its members. Through extensive workshops and online seminars held twice a month, the credit union educates its members on various financial topics such as auto and home buying, retirement planning, wealth management, business banking, cyber security, and Medicare assistance.
Furthermore, Valley Strong CU conducts financial literacy classes at local K-12 schools and area colleges to cultivate financial knowledge among young community members. By empowering its members to use and control their money on a democratic basis, the credit union aims to improve their economic and social conditions. As a cooperative organization, Valley Strong CU operates for the mutual benefit and general welfare of its members, with earnings and savings being distributed back to its patrons.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST ON LOANS
Revenue
$138,226,650
OTHER OPERATING INCOME
Revenue
$32,337,145
FEE INCOME
Revenue
$13,458,992
Organization Details
Founding Year
1938
Phone
(661) 833-7900
Principal Officer
Nicholas Ambrosini
Main Address
11500 BOLTHOUSE DRIVE, BAKERSFIELD, CA, 93311
Website
www.valleystrong.com
NTEE Category
Code: W60 - Public benefit
If you are a representative of Valley Strong Cu Fka Kern Schools Federal 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.