Vantage West Credit Union

Organization Overview

Vantage West Credit Union is located in Tucson, 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 12/2018, Vantage West Credit Union employed 579 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Vantage West 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 12/2019, Vantage West Credit Union generated $118.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $99.8m during the year ending 12/2019. While expenses have increased by 5.8% per year over the past 5 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

WORKING TOGETHER TO MEET OUR MEMBERS' FINANCIAL NEEDS. VANTAGE WEST IS A FULL-SERVICE FINANCIAL INSTITUTION. WE OFFER A WIDE ARRAY OF PERSONAL AND BUSINESS ACCOUNTS RANGING FROM SAVINGS AND CHECKING ACCOUNTS TO LOANS, MORTGAGES, MERCHANT SERVICES, CONSUMER CREDIT CARDS, AND MUCH MORE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INCOME FROM THE CREDIT UNION MEMBERSHIP AND FROM THE INVESTMENT OF MEMBERS' FUNDS PROVIDE THE FOUNDATION FROM WHICH THE ORGANIZATION CAN FUNCTION AND PROVIDE SERVICES TO ITS RESTRICTED MEMBERSHIP.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $8,839,247
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$10,549
Net Gain/Loss on Asset Sales $1,885,512
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $118,310,063

Grants Awarded

Over the last fiscal year, Vantage West Credit Union has awarded $44,700 in support to 6 organizations.

Grant RecipientAmount

CATHOLIC FOUNDATION FOR THE DIOCESE OF TUCSON

Org PageRecipient Profile

Tucson, AZ

PURPOSE: CHARITABLE CONTRIBUTION

$12,200

UNITED WAY OF TUCSON AND SOUTHERN ARIZONA

Org PageRecipient Profile

Tucson, AZ

PURPOSE: CHARITABLE CONTRIBUTION

$10,000

BOYS & GIRLS CLUBS OF TUCSON

Org PageRecipient Profile

Tucson, AZ

PURPOSE: CHARITABLE CONTRIBUTION

$7,500

JUNIOR ACHIEVEMENT OF ARIZONA

Org PageRecipient Profile

Tempe, AZ

PURPOSE: CHARITABLE CONTRIBUTION

$5,000

Tucson, AZ

PURPOSE: CHARITABLE CONTRIBUTION

$5,000

Tucson, AZ

PURPOSE: CHARITABLE CONTRIBUTION

$5,000
View Grant Profile

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