Overview
What is Ventura County Credit Union?
Ventura County Credit Union is a cooperative organization based in Ventura, California, with a workforce of 259 employees. Established with the mission to promote thrift and savings among its members, it acts as a source of credit and offers members the opportunity to control their own money. The credit union's earnings, savings, benefits, or services are distributed back to the members as patronage. For the thirteenth year in a row, it has been recognized as the best financial institution in Ventura County by the VC Reporter Best of Readers' Poll and the VC Star Readers' Choice for Credit Unions.
Official website here: www.vccuonline.net
Is Ventura County Credit Union legitimate?
Ventura County Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Ventura County 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: $4,389,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,685,273
For more financial information, click here
What is the mission statement of Ventura County Credit Union?
Ventura County Credit Union is a member-owned cooperative, established with the goal of encouraging savings and thrift among its members. By setting interest rates and providing access to credit, the credit union offers its members an opportunity to control their own financial resources for their mutual benefit and general welfare. The earnings, savings, and services of the credit union are returned to its members as patronage. The cooperative business model of Ventura County Credit Union aims to improve the economic and social conditions of its members.
Official website here: www.vccuonline.net
Who is the CEO of Ventura County Credit Union?
Linda Rossi is the President/Ceo of Ventura County Credit Union. The CEO's salary of Ventura County Credit Union is $642,004 and their total compensation is $684,195.
Official website here: www.vccuonline.net
What is the revenue of Ventura County Credit Union?
Ventura County Credit Union's revenue in 2022 was $50,312,368.
Official website here: www.vccuonline.net
Who are the executives of Ventura County Credit Union and what are their salaries?
The average compensation at Ventura County Credit Union during 2022 was $54,344. There are 259 employees and 12 volunteers at Ventura County Credit Union.
Here are 27 key members and their salaries (Ventura County Credit Union's CEO's salary is $642,004 and their total compensation is $684,195):
- Linda Rossi (President/Ceo)
- Linda Sim (Cfo)
- Gavin Bradley (Coo)
- Chad Ritchie (Cio)
- Sean Mcculloch (Avp Commercial Lending)
- David Kanongataa (Financial Advisor)
- Edmond Sahakian (Clo)
- Gina O'Callaghan (Financial Advisor)
- April Remnant (Vp, Delivery Systems)
- Christina Estes (Vp, Marketing)
- Beverly Armendariz (Vp, Human Resources)
- Clinton Lovinger (Vp, Member Services)
- Dianne Clapp (Vp, Risk Management)
- Valerie Mandernacht-Colvard (Core Supervisor)
- Rodolfo Guevara Torres (Avp Business Services)
- Roxanne Ostrem (Chairperson) [Trustee/Director]
- Margo Byrne (Vice Chairperson) [Trustee/Director]
- Sonia Amezcua (Secretary) [Trustee/Director]
- Sue Tatangelo (Treasurer) [Trustee/Director]
- Cory Madden (Board Member) [Trustee/Director]
- Greg Stuart (Board Member) [Trustee/Director]
- Selfa Saucedo (Board Member) [Trustee/Director]
- Philip Bohan (Board Member (Emeritus)) [Trustee/Director]
- Kenneth Kagan (Supv Cmte Chair) [Trustee/Director]
- Scott Kopald (Supv Cmte Member) [Trustee/Director]
- Brenda Allison (Supv Cmte Member) [Trustee/Director]
- Chung Cam (Supv Cmte Member) [Trustee/Director]
Official website here: www.vccuonline.net
Where can I find the form 990 for Ventura County Credit Union?
The Ventura County Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.vccuonline.net
Learn more at the official website: www.vccuonline.net
Mission Statement of Ventura County Credit Union
Ventura County Credit Union, a cooperative organization, is dedicated to encouraging savings and thrift among its members. Established to serve its community, the Credit Union aims to provide an accessible source of credit at preferential rates, determined by its Board of Directors. This cooperative business model offers members the opportunity to manage and control their own finances in a democratic manner, ultimately improving their economic and social conditions.
As a cooperative, Ventura County Credit Union operates with the mutual benefit and general welfare of its members in mind. The earnings, savings, and benefits of the Credit Union are distributed back to its patrons, ensuring a cycle of growth and financial well-being for its community. By providing a democratic platform for its members to control their money, Ventura County Credit Union empowers individuals to take charge of their financial future and build a stronger economic foundation for themselves and their families.
In summary, Ventura County Credit Union is a cooperative financial institution that exists to encourage savings and provide affordable credit to its members. The Credit Union functions as a democratic platform, allowing its members to manage their finances collectively and ultimately improve their economic and social conditions.
Impact
This information is meant to be a general summary of Ventura County Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Ventura County Credit Union, as a cooperative, is dedicated to promoting thrift and savings among its members. By providing a source of credit at competitive rates, the credit union empowers its members to control their own finances democratically. This approach helps improve the economic and social conditions of its members. Ventura County Credit Union has been recognized as the best financial institution in Ventura County for the thirteenth consecutive year, showcasing its positive impact on the community. Through its cooperative model, the credit union ensures that earnings, savings, and benefits are distributed to its members for their mutual benefit and general welfare.
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
$31,062,394
OTHER OPERATING INCOME
Revenue
$6,111,750
FEE INCOME
Revenue
$5,553,324
Organization Details
Founding Year
1950
Phone
(805) 477-4024
Principal Officer
Linda Rossi
Main Address
2575 VISTA DEL MAR DRIVE SUITE 100, VENTURA, CA, 93001
Website
www.vccuonline.net
NTEE Category
Code: W60 - Public benefit
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