Program areas at Valley Strong Cu
Membership education conferences: we have extensive workshop/online seminar programs with topics which typically are held twice a month. Topics covered are auto and home buying, retirement and wealth management, business banking, cyber security and medicare assistance. Additionally, we hold financial literacy classes off site at local Schools k-12 as well as area colleges to help introduce our young community members with financial knowledge.
Communicationslegislativeregulato... we keep members updated, providing all rules and regulations governing the Credit Union as well as compliance assistance.
Ongoing marketing strategies: we have focused our marketing efforts on branding in our expansion markets which include checking offers, mortgage and auto loan options, business banking opportunities, and retirement and wealth management possibilities.
Grants made by Valley Strong Cu
Personnel at Valley Strong Cu
| Name | Title | Compensation | Date of data |
|---|
| Nicholas Ambrosini | President and Chief Executive Officer | $1,273,801 | 2022-12-31 |
| Steven Matejka | Executive Vice President and Chief Operating Officer | $801,278 | 2022-12-31 |
| Lindsay Reyes | Senior Vice President and Chief Financial Officer | $382,009 | 2023-10-02 |
| Erin Rickelle Estelle | Senior Vice President and Chief Marketing Officer | $423,959 | 2022-12-31 |
| Hena Raina Bhat | Senior Vice President and Chief Technology Officer | $302,145 | 2022-12-31 |
| ...and 39 more key personnel |
Financials for Valley Strong Cu
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $184,022,787 | $106,240,457 | 73.2% |
| Investment income and dividends | $9,607,771 | $8,246,933 | 16.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-4,727,261 | $14,610,887 | -132.4% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $5,163,929 | $2,691,659 | 91.8% |
| Total revenues | $194,067,226 | $131,789,936 | 47.3% |
Organizations like Valley Strong Cu
| Organization | Type | Location | Revenue |
|---|
| Consumers Cooperative Credit Union | 501(c)(14) | Gurnee, IL | $171,749,526 |
| Vantage Credit Union | 501(c)(14) | St Charles, MO | $54,325,428 |
| Municipal Credit Union | 501(c)(14) | New York, NY | $210,950,031 |
| Gulf Winds Credit Union | 501(c)(14) | Pensacola, FL | $51,125,321 |
| Rogue Credit Union | 501(c)(14) | Medford, OR | $141,160,770 |
| Ih Mississippi Valley Credit Union | 501(c)(14) | Moline, IL | $111,927,596 |
| Qing Lu CFO | 501(c)(14) | Lake Mary, FL | $126,516,804 |
| Communityamerica Credit Union | 501(c)(14) | Lenexa, KS | $219,877,972 |
| Indiana University Credit Union | 501(c)(14) | Bloomington, IN | $56,693,244 |
| Leaders CREDIT Union | 501(c)(14) | Jackson, TN | $54,522,507 |
Data update history
November 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 28, 2023
Updated personnel
Identified 11 new personnel
November 26, 2023
Used new vendors
Identified 5 new vendors, including , , , , and
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Credit unionsHeadquarter / parent organizations
Issues
No issues found
Characteristics
No characteristics found
General information
- Address
- 11500 Bolthouse Dr
- Bakersfield, CA 93311
- Metro area
- Bakersfield, CA
- Website URL
- valleystrong.com/Â
- Phone
- (661) 833-7900
IRS details
- EIN
- 95-1652797
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1938
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Independent
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