Deer Valley Credit Union

Organization Overview

Deer Valley Credit Union is located in Phoenix, AZ. The organization was established in 1970. According to its NTEE Classification (W61) the organization is classified as: Credit Unions, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2015, Deer Valley Credit Union employed 69 individuals. Deer Valley Credit Union is a 501(c)(14) and as such, is described as a "State Chartered Credit Union, Mutual Reserve Fund" by the IRS.

For the year ending 12/2018, Deer Valley Credit Union generated $11.7m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $10.9m during the year ending 12/2018. While expenses have increased by 9.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

CREDIT UNION OPERATED WITHOUT PROFIT FOR MUTUAL PURPOSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CREDIT UNION PROVIDES DRAFT AND SHARE ACCOUNTS, CONSUMER LOANS, SHARE CERTIFICATES AND OTHER EXEMPT FUNCTION ACTIVITIES TO ITS MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Scott
CEO
$259,825
Janet Burgett
Evp/coo
$136,963
Gregory Albano
Svp/cio
$108,151
Fran Burazin
CFO
$83,396
Mark Trumpp
VP Marketing
$80,090
Roger Zollinger
Chairman
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Fis
Hosted System It Support
$309,578
Dh
Core Processing System
$370,599
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $539,811
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,691,961

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Deer Valley Credit Union has recieved totaling $20,950.

Awarding OrganizationAmount
Mountain West Credit Union Foundation

Denver, CO

PURPOSE: PROVIDE LENDING PRODUCTS TO LOW-INCOME & UNDERSERVED MEMBERS

$20,950
View Grant Recipient Profile

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