Form 990 for tax year 2025
Filed by ROCK VALLEY FEDERAL CREDIT UNION.
Totals
- Total revenue
- $13,398,265
- Total expenses
- $11,830,953
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $12,800,468
- Investment income
- $597,797
- Other revenue
- $0
- Total assets, end of year
- $172,275,711
- Total liabilities, end of year
- $152,701,698
- Net assets or fund balances, end of year
- $19,574,013
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $11,830,953
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: LOAN INTEREST
total $8,056,315 · related or exempt $8,056,315
-
2b · Program service revenue: OTHER INCOME
total $3,189,923 · related or exempt $3,189,923
-
2c · Program service revenue: FEES AND CHARGES
total $1,554,230 · related or exempt $1,554,230
-
3 · Investment income
total $597,797 · related or exempt $597,797
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $267,424
-
6 · Compensation of disqualified persons
total $3,149,810
-
8 · Pension plan contributions
total $167,574
-
9 · Other employee benefits
total $446,219
-
10 · Payroll taxes
total $302,652
-
11b · Fees: legal
total $143,098
-
11c · Fees: accounting
total $52,404
-
11g · Fees: other
total $161,271
-
12 · Advertising and promotion
total $502,838
-
13 · Office expenses
total $2,049,789
-
14 · Information technology
total $1,052,331
-
16 · Occupancy
total $311,190
-
17 · Travel
total $11,280
-
20 · Interest
total $39,690
-
22 · Depreciation, depletion and amortization
total $382,357
-
24a · Other expenses: INTEREST ON MEMBERS' AC
total $1,877,129
-
24b · Other expenses: PROVISION FOR CREDIT LO
total $692,028
-
24c · Other expenses: MISCELLANEOUS
total $221,869
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,053,029 · end of year $2,693,854
-
2 · Savings and temporary cash investments
beginning of year $4,338,572 · end of year $9,717,262
-
7 · Other notes and loans receivable
beginning of year $128,907,902 · end of year $132,665,073
-
9 · Prepaid expenses and deferred charges
beginning of year $884,939 · end of year $1,272,156
-
10a · Land, buildings and equipment: cost or other basis
$8,412,939
-
10b · Land, buildings and equipment: accumulated depreciation
$4,945,146
-
10c · Land, buildings and equipment, net
beginning of year $3,469,838 · end of year $3,467,793
-
11 · Investments: publicly traded securities
beginning of year $15,250,412 · end of year $14,500,738
-
12 · Investments: other securities
beginning of year $1,737,000 · end of year $2,487,000
-
13 · Investments: program-related
beginning of year $3,298,225 · end of year $3,391,769
-
15 · Other assets
beginning of year $2,261,807 · end of year $2,080,066
-
17 · Accounts payable and accrued expenses
beginning of year $1,344,118 · end of year $1,205,634
-
23 · Secured mortgages and notes payable
beginning of year $4,000,000 · end of year $0
-
25 · Other liabilities
beginning of year $139,366,862 · end of year $151,496,064
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $17,490,744 · end of year $19,574,013
Mission and programs · 2025
Mission
ROCK VALLEY CREDIT UNION IS A COOPERATIVE NON-PROFIT ASSOCIATION, ORGANIZED UNDER THE NATIONAL CREDIT UNION ACT FOR THE PURPOSES OF ENCOURAGING THRIFT AMONG ITS MEMBERS, AND PROVIDING A SOURCE OF CREDIT AT REASONABLE RATES OF INTEREST.
-
PROVIDED 6,226 CONSUMER LOANS TO MEMBERS.
Expenses $11,830,953 · Revenue $13,398,265
-
PROVIDED 811 MORTGAGE AND HOME EQUITY LOANS TO MEMBERS.
-
PROVIDED CHECKING SERVICE TO 11,090 MEMBER ACCOUNTS;PROVIDED SAVINGS SERVICES TO 20,970 MEMBER ACCOUNTS
As filed on the 2025 return.
Listed in Part VII
-
David GillDAVID GILL
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Lynne KowalczykLYNNE KOWALCZYK
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Debbie ArankiDEBBIE ARANKI
VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Paul DionnePAUL DIONNE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Shonda WilsonSHONDA WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Martin ReyesMARTIN REYES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Claudia ConsuelosCLAUDIA CONSUELOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anntonisha WilliamsANNTONISHA WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darlyne KellerDARLYNE KELLER
CEO
- Total calculated
- $267,424
- From this org
- $247,813
- From related orgs
- $0
- Other
- $19,611
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $247,813
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $19,611
- Filer's total
- $267,424
-
Jodi AppelgrenJODI APPELGREN
VICE PRESIDENT OF FINANCE
- Total calculated
- $173,990
- From this org
- $158,235
- From related orgs
- $0
- Other
- $15,755
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,235
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $15,755
- Filer's total
- $173,990
-
Matt PapocciaMATT PAPOCCIA
VICE PRESIDENT OF LENDING
- Total calculated
- $176,024
- From this org
- $158,910
- From related orgs
- $0
- Other
- $17,114
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,910
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $17,114
- Filer's total
- $176,024
-
Mark D'AngeloMARK D'ANGELO
VP OF MEMBER EXPERIENCE
- Total calculated
- $160,045
- From this org
- $138,726
- From related orgs
- $0
- Other
- $21,319
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $138,726
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $21,319
- Filer's total
- $160,045
-
Brian FischerBRIAN FISCHER
EMPLOYEE
- Total calculated
- $147,561
- From this org
- $132,663
- From related orgs
- $0
- Other
- $14,898
- Hours/week
- 40
-
Ana MontoyaANA MONTOYA
VP OF MARKETING
- Total calculated
- $114,047
- From this org
- $104,218
- From related orgs
- $0
- Other
- $9,829
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 20 April 2026
- IRS schema version
- 2025v4.1
- Source object
- 202611129349300721
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.