Overview
What is 1st Valley Credit Union?
1st Valley Credit Union is a nonprofit, state-chartered organization located in San Bernardino, California, specifically at 401 West 2nd Street, CA 92401. With a mission to serve its members effectively, the credit union provides deposit and loan accounts, functioning as a reliable source of credit and financial services at affordable rates. Its primary objective is to cater to the savings and checking account needs of its 2,545 members. The credit union's operations are overseen by a team of nine dedicated employees, aiming to deliver competitive financial services to the members of 1st Valley Credit Union.
Official website here: www.http:www.1stvalleycu.com
Is 1st Valley Credit Union legitimate?
1st Valley Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. 1st Valley 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: $171,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $487,762
For more financial information, click here
Official website here: www.http:www.1stvalleycu.com
What is the mission statement of 1st Valley Credit Union?
1st Valley Credit Union, as a non-profit, State-chartered institution, is committed to offering competitive financial services to its members. Its mission is to serve as a reliable source of credit and financial services at affordable costs. The credit union caters to the savings and checking account needs of its 2,545 members, providing them with a low-cost option for their financial requirements. In essence, 1st Valley Credit Union aims to enhance the financial well-being of its members by offering them affordable and competitive financial solutions.
Official website here: www.http:www.1stvalleycu.com
Who is the CEO of 1st Valley Credit Union?
Teresa Martinez is the President of 1st Valley Credit Union.
Official website here: www.http:www.1stvalleycu.com
What is the revenue of 1st Valley Credit Union?
1st Valley Credit Union's revenue in 2021 was $1,567,034.
Official website here: www.http:www.1stvalleycu.com
Who are the executives of 1st Valley Credit Union and what are their salaries?
The average compensation at 1st Valley Credit Union during 2021 was $73,224. There are 9 employees and 10 volunteers at 1st Valley Credit Union.
Here are 12 key members and their salaries:
- Compensation: $142,800
- Related: $0
- Other: $12,122
- Compensation: $15,229
- Related: $0
- Other: $1,099
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.http:www.1stvalleycu.com
Where can I find the form 990 for 1st Valley Credit Union?
1st Valley Credit Union's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.http:www.1stvalleycu.com
Learn more at the official website: www.http:www.1stvalleycu.com
Mission Statement of 1st Valley Credit Union
1st Valley Credit Union, as a non-profit, state-chartered natural person credit union, is committed to providing competitive financial services to its members. Its mission is centered around offering a low-cost source of credit and financial services, aiming to meet the savings and checking account needs of its members. The credit union strives to ensure that its services are affordable, making it an attractive option for its members. In essence, 1st Valley Credit Union's mission is to serve and uplift its members financially, providing them with the necessary tools to manage their financial well-being effectively.
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Impact
October, 2024
1st Valley Credit Union significantly enhances the financial well-being of its community members in San Bernardino, California. By offering competitive financial services, the credit union provides vital resources such as deposit and loan accounts to 2,545 members, ensuring access to affordable banking options.
This institution stands as a low-cost source of credit and financial services, addressing the diverse needs of its members. Through its comprehensive offerings, 1st Valley Credit Union not only supports individual financial goals but also contributes to the overall economic stability of the community. Its commitment to serving member savings and checking account needs fosters financial literacy and empowerment, ultimately enhancing the quality of life for those it serves.
This information is meant to be a general summary of 1st Valley 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $348,254
- Program Service Revenue: $714,854
- Gross Receipts: $1,567,034
Assets and Liabilities:
- Total Assets: $51,488,038
- Total Liabilities: $47,898,345
- Net Assets: $3,589,693
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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
$714,854
Organization Details
Founding Year
1951
Phone
(909) 889-0838Principal Officer
Teresa Martinez
Main Address
401 WEST 2ND STREET, SAN BERNARDINO, CA, 92401
Website
www.http:www.1stvalleycu.comNTEE Category
Code: W60 - Public benefit
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