VALLEY STRONG CREDIT UNION

As filed

Subsection

14

NTEE code

W61

Classification

1000

Street

11500 BOLTHOUSE DR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• VALLEY STRONG CREDIT UNION IS A MEMBER-OWNED FINANCIAL INSTITUTION, WITH A MISSION TO TURN PEOPLE'S FINANCIAL POSSIBILITIES INTO FINANCIAL REALITIES. WE WORK EVERY DAY TO CREATE A BETTER TOMORROW FOR OUR CHILDREN AND FAMILIES. WE ARE HERE TO STAY AND GROW TOGETHER, AND HERE TO DISCOVER THE BEST FINANCIAL POSSIBILITIES FOR THE BEST POSSIBLE OUTCOMES. WE ARE ONE OF THE LARGEST CREDIT UNIONS HEADQUARTERED IN THE SAN JOAQUIN VALLEY AND NORTHERN CALIFORNIA WITH AN ASSET SIZE OF NEARLY $4 BILLION.MEMBERSHIP EDUCATION CONFERENCES: WE HAVE EXTENSIVE WORKSHOP/ONLINE SEMINAR PROGRAMS WITH TOPICS WHICH TYPICALLY ARE HELD IN THE VARIOUS MARKETS. TOPICS COVERED ARE AUTO AND HOME BUYING, RETIREMENT AND WEALTH MANAGEMENT, BUSINESS BANKING, CYBER SECURITY AND MEDICARE ASSISTANCE. ADDITIONALLY, WE HOLD FINANCIAL LITERACY CLASSES AT LOCAL SCHOOLS (K-12) AS WELL AS AREA COLLEGES AND COMMUNITY PARTNER LOCATIONS TO HELP INTRODUCE OUR YOUNG COMMUNITY MEMBERS WITH FINANCIAL KNOWLEDGE.

• 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.

• COMMUNICATIONS/LEGISLATIVE/REGULATORY/COMPLIANCE: WE KEEP MEMBERS UPDATED, PROVIDING ALL RULES AND REGULATIONS GOVERNING THE CREDIT UNION AND COMPLIANCE ASSISTANCE.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $263,698,848

  Expenses

  $233,387,885

  Contributions

  $0

  Grants paid

  $2,315,876

• 2023

  Revenue

  $265,074,915

  Expenses

  $246,997,316

  Contributions

  $0

  Grants paid

  $1,782,117

• 2022

  Revenue

  $194,067,226

  Expenses

  $177,414,551

  Contributions

  $0

  Grants paid

  $2,226,640

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $131,789,936

  Expenses

  $100,994,405

  Assets (EOY)

  $3,451,789,893

• 2020 · 990

  Revenue

  $99,760,280

  Expenses

  $80,210,784

  Assets (EOY)

  $2,205,905,112

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

• BAKERSFIELD COLLEGE FOUNDATION INC

  $555,500

  2023 · TO ASSIST IN EXPANDING OPPORTUNITIES FOR STUDENTS BY FUNDING SCHOLARSHIPS & ENHANCING COLLEGE FACILITIES.

• BAKERSFIELD COLLEGE FOUNDATION INC

  $500,000

  2024 · TO ASSIST IN EXPANDING OPPORTUNITIES FOR STUDENTS BY FUNDING SCHOLARSHIPS & ENHANCING COLLEGE FACILITIES.

• CSUB FOUNDATION

  $310,500

  2024 · TO ASSIST CSU BAKERSFIELD IN PROVIDING SCHOLARSHIPS & IMPROVING CAMPUS FACILITIES.

• FCCU2 FOUNDATION

  $250,000

  2022 · TO HELP SUPPORT CHARITABLE ORGANIZATIONS IN THE SAN JOAQUIN VALLEY COMMUNITY.

• FCCU2 FOUNDATION

  $250,000

  2023 · TO HELP SUPPORT CHARITABLE ORGANIZATIONS IN THE SAN JOAQUIN VALLEY COMMUNITY.

• GREATER BAKERSFIELD CHAMBER OF COMMERCE

  $232,000

  2022 · TO ASSIST IN THE EDUCATION & NETWORKING OF THE BUSINESS COMMUNITY OF BAKERSFIELD/KERN COUNTY.

• CHILDREN'S MIRACLE NETWORK HOSPITALS

  $117,500

  2024 · TO ASSIST IN PROVIDING FUNDS AND AWARENESS FOR CHILDREN'S HOSPITALS.

• TAFT COLLEGE FOUNDATION

  $110,000

  2022 · TO HELP SPONSOR SCHOLARSHIPS AND THE NEW VOCATION EDUCATION BUILDING.

• CUSPINCDBA CU STRATEGIC PLANNING

  $105,000

  2024 · TO PROVIDE FINANCIAL EDUCATION RESOURCES FOR CREDIT UNIONS.

• CSUB FOUNDATION

  $80,000

  2022 · TO ASSIST CSU BAKERSFIELD IN PROVIDING SCHOLARSHIPS & IMPROVING CAMPUS FACILITIES.

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files