Civic Intelligence

Valley Credit Union

990 • Fiscal year 2021 • EIN 63-0421601

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 01, 2022

Organization ProfileWWW.VALLEYCREDITUNION.NET

View Organization Page

P O Box 388Tuscumbia, AL 35674

(256) 381-4800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.86x

Higher debt load relative to assets than 20% of similar nonprofits.

2021 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

69th percentile

26.74x

Higher debt load relative to revenue than 69% of similar nonprofits.

2021 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2021

Net Margin

51st percentile

14%

Higher net margin than 51% of similar nonprofits.

2021 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

79th percentile

$186,713

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2021 filings • 501(c)14 • $50M-$100M nonprofits • Source year 2021

Asset Growth

56th percentile

10%

Faster asset growth than 56% of similar nonprofits.

2021 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

49th percentile

-0.2%

Faster revenue growth than 49% of similar nonprofits.

2021 filings • 501(c)14 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets20th percentile

Assets

Up

$94,382,507

Up $8,771,806 (+10%) from 2020

Net Assets

Down

$13,504,204

Down $50,632 (-0.4%) from 2020

Liabilities

Up

$80,878,303

Up $8,822,438 (+12%) from 2020

Revenue And Expenses
Liabilities / Revenue69th percentileNet Margin51st percentile

Revenue

Down

$3,024,216

Down $5,187 (-0.2%) from 2020

Expenses

Down

$2,614,213

Down $223,994 (-7.9%) from 2020

Net Income

Up

$410,003

Up $218,807 (+114%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $58,809,220Liabilities 2010: $49,675,034Net Assets 2010: $9,134,1862010Assets 2011: $60,478,506Liabilities 2011: $50,810,034Net Assets 2011: $9,668,4722011Assets 2012: $62,845,931Liabilities 2012: $52,443,469Net Assets 2012: $10,402,4622012Assets 2013: $63,233,261Liabilities 2013: $52,517,706Net Assets 2013: $10,715,5552013Assets 2014: $65,155,338Liabilities 2014: $54,059,596Net Assets 2014: $11,095,7422014Assets 2015: $68,868,816Liabilities 2015: $57,437,162Net Assets 2015: $11,431,6542015Assets 2016: $70,756,163Liabilities 2016: $59,176,441Net Assets 2016: $11,579,7222016Assets 2017: $69,690,154Liabilities 2017: $57,782,138Net Assets 2017: $11,908,0162017Assets 2018: $71,773,776Liabilities 2018: $59,679,548Net Assets 2018: $12,094,2282018Assets 2019: $76,954,948Liabilities 2019: $63,948,671Net Assets 2019: $13,006,2772019Assets 2020: $85,610,701Liabilities 2020: $72,055,865Net Assets 2020: $13,554,8362020Assets 2021: $94,382,507Liabilities 2021: $80,878,303Net Assets 2021: $13,504,2042021Assets 2022: $96,274,453Liabilities 2022: $85,097,250Net Assets 2022: $11,177,2032022Assets 2023: $102,030,791Liabilities 2023: $89,955,000Net Assets 2023: $12,075,7912023Assets 2024: $103,235,318Liabilities 2024: $90,802,313Net Assets 2024: $12,433,0052024

Highlighted filing

2021

Assets$94,382,507
Liabilities$80,878,303
Net Assets$13,504,204
Open 2021 Filing

Operations Trend

Revenue Growth49th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0Expenses 2010: $2,523,3532010Expenses 2011: $2,521,1982011Expenses 2012: $2,411,7272012Revenue 2013: $2,927,980Expenses 2013: $2,427,929Net Income 2013: $500,0512013Revenue 2014: $2,950,282Expenses 2014: $2,579,732Net Income 2014: $370,5502014Revenue 2015: $2,909,819Expenses 2015: $2,583,177Net Income 2015: $326,6422015Revenue 2016: $2,908,834Expenses 2016: $2,749,867Net Income 2016: $158,9672016Revenue 2017: $3,080,767Expenses 2017: $2,730,277Net Income 2017: $350,4902017Revenue 2018: $3,165,194Expenses 2018: $2,850,364Net Income 2018: $314,8302018Revenue 2019: $3,217,191Expenses 2019: $2,934,793Net Income 2019: $282,3982019Revenue 2020: $3,029,403Expenses 2020: $2,838,207Net Income 2020: $191,1962020Revenue 2021: $3,024,216Expenses 2021: $2,614,213Net Income 2021: $410,0032021Revenue 2022: $3,328,227Expenses 2022: $2,821,472Net Income 2022: $506,7552022Revenue 2023: $4,170,298Expenses 2023: $3,878,663Net Income 2023: $291,6352023Revenue 2024: $4,861,176Expenses 2024: $4,421,347Net Income 2024: $439,8292024

Highlighted filing

2021

Revenue$3,024,216
Expenses$2,614,213
Net Income$410,003
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 1, 2022
Return Version
2021v4.0
Gross Receipts
$3,024,216
Mission and Program Overview

Mission

Credit union - to provide services to approximately 6,032 members in the form of loans, savings, and other financial services.

Credit union - to provide financial services for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$35,805,672$45,968,504▲ $10,162,832
Accounts Receivable$26,549,517$27,892,830▲ $1,343,313
Cash and Non-Interest-Bearing Accounts$11,227,367$9,569,122▼ $1,658,245
Cap Stk Tr Prin Current Funds$8,676,985$8,979,226▲ $302,241
Savings and Temporary Cash Investments$8,467,588$7,790,202▼ $677,386
Rtn Earn Endowment Incm Other Fnds$4,877,851$4,524,978▼ $352,873
Land, Buildings, and Equipment, Net$2,061,800$1,913,590▼ $148,210
Prepaid Expenses and Deferred Charges$224,794$172,222▼ $52,572
Total Assets$85,610,701$94,382,507▲ $8,771,806
Other Assets Total$1,273,963$1,076,037▼ $197,926
Liabilities
Other Liabilities$71,844,652$80,622,072▲ $8,777,420
Accounts Payable and Accrued Expenses$211,213$256,231▲ $45,018
Total Liabilities$72,055,865$80,878,303▲ $8,822,438
Net Assets / Fund Balance
Total Net Assets Fund Balance$13,554,836$13,504,204▼ $50,632
Total Liabilities and Net Assets / Fund Balance$85,610,701$94,382,507▲ $8,771,806

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,024,833$680,367$1,705,200
Equipment$151,070$1,247,246$1,398,316
Land$737,687-$737,687
Other Securities$185,580--
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dawn TruittCEO/sec/treaFT$155,388$31,325$186,713
Dawn TruittCEO/sec/treasurer-$140,007$46,706$186,713

Board Members and Trustees

NameTitle
Anthony RileyBoard Member
Doug WorleyBoard Member
Dr Richard GardnerBoard Member
Otis JohnsonBoard Member
Sandra H JamesBoard Member
Robert MullenBoard Memebe
Dr John LandersBoard Presid
Royce MasseyBoard Vice P
Brittany CobbSupervisory
Dr Tim MorganSupervisory
Larry DanleySupv Comm Ch
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,251,389
Investment Income
$758,456
Other Revenue
$14,371
Change in Net Assets
$410,003
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,579,880
Salaries, Compensation, and Employee Benefits$1,034,333
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$878,002-$878,002
Interest-$366,797-$366,797
Office Expenses-$265,291-$265,291
Occupancy-$179,987-$179,987
Payroll Taxes-$66,901-$66,901
Pension Plan Contributions-$65,798-$65,798
Other Expenses-$49,836-$49,836
All Other Expenses-$47,456-$47,456
Conferences and Meetings-$33,446-$33,446
Other Employee Benefits-$23,632-$23,632
Total Functional Expenses$0$2,614,213$0$2,614,213
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
All Other Shares$36,040,294
Regular Shares$30,531,204
Share Drafts$14,050,574
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“The credit union is owned by the members.”

Form 990, Page 6, Part VI, Line 7A

“The board of directros is elected by the membership (one member, one vote). All duties, powers, and responsibilities are controlled by the board of directors. The members elect the board of directors at the annual meeting every year.”

Form 990, Page 6, Part VI, Line 7B

“Some decisions made by the board of directors are affirmed by the members.”

Form 990, Page 6, Part VI, Line 11B

“The form 990 is reviewed by the ceo before it is filed. The form 990 is available for review by the board of directors upon request.”

Form 990, Page 6, Part VI, Line 12C

“The board of directors monitor and enforce the conflict of interest policy.”

Form 990, Page 6, Part VI, Line 15A

“Compensation committee, written contract, compensation survey or study approved by the board or compensation committee.”

Form 990, Page 6, Part VI, Line 19

“Financial documents are posted in the credit union lobby by the 15th of the subsequent month.”

Filing and Contact Details

Filer

Filer Name
Valley Credit Union
EIN
63-0421601
Phone
2563814800
Address
P O BOX 388, TUSCUMBIA, AL 35674

Signing Officer

Name
Dawn Truitt
Title
CEO/sec/treasurer
Phone
2563814800
Signed
2022-03-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dawn Truitt
Formed
1956
Legal Domicile
Al
Voting Board Members
9
Independent Board Members
8
Employees
37
Volunteers
11

Preparer

Firm
Cu Audit & Compliance Group
Address
3692 COOLIDGE CT, TALLAHASSEE, FL 32311-7890
Preparer
Amanda Onkst
Phone
2054372176
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Hours of service are related to duties of the board of directors and supervisory committee without compensation.”

Form 990, Page 5, Part V, Line 3B

“The credit union had no unrealted business income.”

Form 990, Part XI, Line 9

“Equity acquired in merger 0 other adjustments 0 due to rounding 0 due to rounding -4 total -4”

Form 990, Part XII

“Annual agreed upon procedures are performed by an independent auditor.”

Raw XML AppendixShowing 400 of 417 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherLiabilitiesGrp/EOYAmt080622072
IRS990/OtherOrganizationDsc0CREDIT UNION
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
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IRS990/OtherRevenueMiscGrp/Desc0OTHER OPERATING INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER NON-INTEREST INCOME
IRS990/OtherRevenueMiscGrp/Desc2LOSS ON DISPOS OF FIXED ASSE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt022566
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt16855
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2-15050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt022566
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16855
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-15050
IRS990/OtherRevenueTotalAmt014371
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0878002
IRS990/OtherSalariesAndWagesGrp/TotalAmt0878002
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt066901
IRS990/PayrollTaxesGrp/TotalAmt066901
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt065798
IRS990/PensionPlanContributionsGrp/TotalAmt065798
IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0true
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0224794
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0172222
IRS990/PrincipalOfficerNm0DAWN TRUITT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522100
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST ON LOANS
IRS990/ProgramServiceRevenueGrp/Desc1FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01529280
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1722109
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01529280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1722109
IRS990/ProgSrvcAccomActy2Grp/Desc0THE CREDIT UNION PROVIDED A VARIETY OF DEPOSIT SERVICES FOR ITS MEMBERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0366797
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0865047
IRS990/PYOtherExpensesAmt01689212
IRS990/PYOtherRevenueAmt028642
IRS990/PYProgramServiceRevenueAmt02135714
IRS990/PYRevenuesLessExpensesAmt0191196
IRS990/PYSalariesCompEmpBnftPaidAmt01148995
IRS990/PYTotalExpensesAmt02838207
IRS990/PYTotalRevenueAmt03029403
IRS990/ReconcilationRevenueExpnssAmt0410003
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04877851
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04524978
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08467588
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07790202
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01024833
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0680367
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01705200
IRS990ScheduleD/EquipmentGrp/BookValueAmt0151070
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01247246
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01398316
IRS990ScheduleD/LandGrp/BookValueAmt0737687
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0737687
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt036040294
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt130531204
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt214050574
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ALL OTHER SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REGULAR SHARES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SHARE DRAFTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt045782924
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1185580
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ALL OTHER INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1PAID IN CAPITAL-ACCU
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01913590
IRS990ScheduleD/TotalBookValueSecuritiesAmt045968504
IRS990ScheduleD/TotalLiabilityAmt080622072
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0140007
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount015381
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt031325
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAWN TRUITT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO/SEC/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0186713
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOURS OF SERVICE ARE RELATED TO DUTIES OF THE BOARD OF DIRECTORS AND SUPERVISORY COMMITTEE WITHOUT COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CREDIT UNION HAD NO UNREALTED BUSINESS INCOME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CREDIT UNION IS OWNED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTROS IS ELECTED BY THE MEMBERSHIP (ONE MEMBER, ONE VOTE). ALL DUTIES, POWERS, AND RESPONSIBILITIES ARE CONTROLLED BY THE BOARD OF DIRECTORS. THE MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING EVERY YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SOME DECISIONS MADE BY THE BOARD OF DIRECTORS ARE AFFIRMED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FORM 990 IS REVIEWED BY THE CEO BEFORE IT IS FILED. THE FORM 990 IS AVAILABLE FOR REVIEW BY THE BOARD OF DIRECTORS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS MONITOR AND ENFORCE THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COMPENSATION COMMITTEE, WRITTEN CONTRACT, COMPENSATION SURVEY OR STUDY APPROVED BY THE BOARD OR COMPENSATION COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8FINANCIAL DOCUMENTS ARE POSTED IN THE CREDIT UNION LOBBY BY THE 15TH OF THE SUBSEQUENT MONTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9EQUITY ACQUIRED IN MERGER 0 OTHER ADJUSTMENTS 0 DUE TO ROUNDING 0 DUE TO ROUNDING -4 TOTAL -4
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ANNUAL AGREED UPON PROCEDURES ARE PERFORMED BY AN INDEPENDENT AUDITOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 5, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PART XII
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt085610701
IRS990/TotalAssetsEOYAmt094382507
IRS990/TotalAssetsGrp/BOYAmt085610701
IRS990/TotalAssetsGrp/EOYAmt094382507
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt037
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02614213
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt02614213
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt072055865
IRS990/TotalLiabilitiesEOYAmt080878303
IRS990/TotalLiabilitiesGrp/BOYAmt072055865
IRS990/TotalLiabilitiesGrp/EOYAmt080878303
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt013554836
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt013504204
IRS990/TotalOtherCompensationAmt031325
IRS990/TotalProgramServiceExpensesAmt02614213
IRS990/TotalProgramServiceRevenueAmt02251389
IRS990/TotalReportableCompFromOrgAmt0155388
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03024216
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03024216
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt085610701
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt094382507
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O BOX 388
IRS990/USAddress/CityNm0TUSCUMBIA
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd0356740388
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.VALLEYCREDITUNION.NET
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAWN TRUITT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO/SEC/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02563814800
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALLEY CREDIT UNION
ReturnHeader/Filer/BusinessNameControlTxt0VALL
ReturnHeader/Filer/EIN0630421601
ReturnHeader/Filer/PhoneNum02563814800
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 388
ReturnHeader/Filer/USAddress/CityNm0TUSCUMBIA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$94,382,507
Liabilities
$80,878,303
Net assets
$13,504,204
Revenue
$3,024,216
Expenses
$2,614,213
Net income
$410,003
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$103$90.8$12.4$4.86$4.42$0.44
2023Detailed filing. Detailed filing data is available for this year.$102$90.0$12.1$4.17$3.88$0.29
2022Detailed filing. Detailed filing data is available for this year.$96.3$85.1$11.2$3.33$2.82$0.51
2021Detailed filing. Detailed filing data is available for this year.$94.4$80.9$13.5$3.02$2.61$0.41
2020Detailed filing. Detailed filing data is available for this year.$85.6$72.1$13.6$3.03$2.84$0.19
2019Detailed filing. Detailed filing data is available for this year.$77.0$63.9$13.0$3.22$2.93$0.28
2018Detailed filing. Detailed filing data is available for this year.$71.8$59.7$12.1$3.17$2.85$0.31
2017Detailed filing. Detailed filing data is available for this year.$69.7$57.8$11.9$3.08$2.73$0.35
2016Detailed filing. Detailed filing data is available for this year.$70.8$59.2$11.6$2.91$2.75$0.16
2015Detailed filing. Detailed filing data is available for this year.$68.9$57.4$11.4$2.91$2.58$0.33
2014Detailed filing. Detailed filing data is available for this year.$65.2$54.1$11.1$2.95$2.58$0.37
2013Detailed filing. Detailed filing data is available for this year.$63.2$52.5$10.7$2.93$2.43$0.50
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.8$52.4$10.4$2.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.5$50.8$9.67$2.52
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.8$49.7$9.13$2.52