River Valley Credit Union

“Entity is a credit union with 16,033 members.”

“The members of rvcu elect at least one member of the board of directors”

“Entity wide decisions including election of officers, merger and acquisition, and changes to by-laws or governing documents would require membership approval.”

“Form 990 is reviewed by the ceo and cfo prior to filing. Filing is reported to the board of directors and made available for review.”

“Related party questionnaires are completed by directors annually to determine any conflicting interests.”

“Ceo compensation is reviewed and approved by a compensation committee of the board of directors. Officer compensation is initiated and approved by the ceo and considered by the board in annual budget reporting.”

“Rvcu makes its documents available to the public by request with the exception of the financial statements which are posted in each branch lobby.”

“Deborah carpenter - 190 canoe brook road, e dummerston, vt 05346. Phillip crowley - po box 284, chesterfield, nh 03443. Russell farrar - 2618 flamstead road, chester, vt 05143. James bedard - 186 maple street, brattleboro, vt 05301. Karen cedergren - po box 2532, w. Brattleboro, vt 05303. Stephen duclos - 20302 deerbrook way, woodstock, vt 05091. Kimberley gouger - 7 moss hollow lane, newfane, vt 05345. Jill fortier - 579 mt herman station road, northfield , ma 01360. Larry kraft - 12 pinebrook lane f-8, n. Springfield, vt 05150. Leslie morey - po box 1580, brattleboro, vt 05302. Arthur snarski - 22 homestead drive, east dummerston, vt 05346. Samantha bovat - 270 hill road, brookline, vt 05345. Richard carroll - 93 southern heights drive, vernon, vt 05354. Rebecca edson - 775 us route 5, dummerston, vt 05301. Jeffrey morse - po box 538-6 namaschaug landing, spofford , nh 03462. Michael cooney - 146 newfane road, wardsboro, vt 05355.”

“Collection costs: program service expenses 111,237. Management and general expenses 0. Fundraising expenses 0. Total expenses 111,237. Postage: program service expenses 108,731. Management and general expenses 0. Fundraising expenses 0. Total expenses 108,731. Deposit services expense: program service expenses 80,657. Management and general expenses 0. Fundraising expenses 0. Total expenses 80,657. Dues/subscriptions: program service expenses 50,050. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,050. Statement services: program service expenses 32,138. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,138. Donations: program service expenses 26,495. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,495. Armored car & currier: program service expenses 24,388. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,388. Board/committee costs: program service expenses 21,014. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,014. Oreo expense: program service expenses 18,647. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,647. Meal expenses: program service expenses 15,207. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,207. Credit bureau costs: program service expenses 14,503. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,503. Payroll fees: program service expenses 13,778. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,778. Atm costs: program service expenses 8,960. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,960. Vermont exam. Fees: program service expenses 8,709. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,709. Conference expense: program service expenses 7,543. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,543. Training: program service expenses 5,709. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,709. Annual meeting expenses: program service expenses 2,916. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,916.”

“The organization has not changed its oversight process or selection process during the tax year.”