VIZO FINANCIAL CORPORATE CREDIT UNION

As filed

Subsection

14

Classification

1000

Street

1201 FULLING MILL RD

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).

Group exemption

A subordinate covered by the group exemption of STATE CHARTERED CREDIT UNIONS IN NORTH CAROLINA (EIN 56-6062100). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Mission and programs · 2024

• SETTLEMENT AND PAYMENT SERVICES: WE PROVIDE AGGREGATED PAYMENT SERVICES SO CREDIT UNIONS CAN EFFICIENTLY, AND COST EFFECTIVELY SERVE THEIR MEMBERS, PROVIDING THEM TOOLS FOR MOVING MONEY ELECTRONICALLY.

• FUNDS MANAGEMENT & LIQUIDITY SERVICES: ONE OF THE KEY SERVICES WE PROVIDE MEMBERS IS A COMPLETE LINE OF COMPETITIVE SHORT-TERM DEPOSIT PRODUCTS COMBINED WITH LINES-OF-CREDIT SO THAT THEY CAN MORE EFFECTIVELY MANAGE THEIR CASH FLOW NEEDS.

• ASSET-LIABILITY MANAGEMENT (ALM) AND RISK MANAGEMENT SERVICES: ALM SERVICES INCLUDE BOTH CONSULTING AND MODELING RISKS INHERENT IN A CREDIT UNION'S BALANCE SHEET. OUR RISK MANAGEMENT SERVICES INCLUDE COMPLIANCE/REGULATORY TRAINING, INFORMATION SYSTEM RISK ASSESSMENTS, BUSINESS CONTINUITY PLANNING, AND ENTERPRISE RISK MANAGEMENT BEST PRACTICES. THESE SERVICES ARE DESIGNED TO HELP CREDIT UNIONS BEST UNDERSTAND AND MITIGATE RISKS THEY ENCOUNTER IN THEIR OPERATIONS.

As filed on the 2024 return.

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.

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

  $342,674,561

  Expenses

  $309,550,906

  Contributions

  $0

  Grants paid

  $89,100

• 2023

  Revenue

  $312,063,561

  Expenses

  $251,198,292

  Contributions

  $0

  Grants paid

  $269,800

• 2022

  Revenue

  $215,933,784

  Expenses

  $135,018,605

  Contributions

  $0

  Grants paid

  $54,500

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

  $155,341,145

  Expenses

  $54,006,594

  Assets (EOY)

  $5,382,501,749

• 2020 · 990

  Revenue

  $76,672,079

  Expenses

  $58,336,350

  Assets (EOY)

  $7,383,800,862

• 2019 · 990

  Revenue

  $115,178,255

  Expenses

  $99,813,398

  Assets (EOY)

  $4,707,672,721

• 2018 · 990

  Revenue

  $92,590,786

  Expenses

  $79,994,064

  Assets (EOY)

  $3,607,137,172

• 2017 · 990

  Revenue

  $67,412,796

  Expenses

  $55,848,241

  Assets (EOY)

  $4,176,637,542

• 2015 · 990

  Revenue

  $12,085,896

  Expenses

  $9,320,688

  Assets (EOY)

  $1,458,564,292

• 2014 · 990

  Revenue

  $13,463,925

  Expenses

  $9,681,762

  Assets (EOY)

  $1,092,759,285

• 2013 · 990

  Revenue

  $13,571,542

  Expenses

  $9,713,667

  Assets (EOY)

  $1,376,975,643

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $9,637,014

  Assets (EOY)

  $1,382,776,073

• 2011 · 990

  Revenue

  — not reported

  Expenses

  $11,475,692

  Assets (EOY)

  $1,450,098,602

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. Showing the 10 most recent; the API carries the rest.

Grants made

• CROSSSTATE CREDIT UNION FOUNDATION

  $67,700

  2024 · CHARITABLE CONTRIBUTION

• CROSSSTATE CREDIT UNION FOUNDATION

  $67,700

  2023 · CHARITABLE CONTRIBUTION

• CAROLINAS CREDIT UNION FOUNDATION

  $65,900

  2023 · CHARITABLE CONTRIBUTION

• THE CREDIT UNION FOUNDATION OF MARYLAND AND THE DISTRICT OF COLUMBIA

  $51,200

  2023 · CHARITABLE CONTRIBUTION

• THE CREDIT UNIONS CARE FOUNDATION OF VIRGINIA

  $50,000

  2023 · CHARITABLE CONTRIBUTION

• CAROLINAS CREDIT UNION FOUNDATION

  $15,400

  2024 · CHARITABLE CONTRIBUTION

• WORLDWIDE FOUNDATION FOR CREDIT UNIONS

  $15,000

  2023 · CHARITABLE CONTRIBUTION

• CAROLINAS CREDIT UNION FOUNDATION

  $14,600

  2022 · CHARITABLE CONTRIBUTION

• CROSSSTATE CREDIT UNION FOUNDATION

  $9,900

  2022 · CHARITABLE CONTRIBUTION

• SOUTHEASTERN CREDIT UNION FOUNDATION

  $6,000

  2024 · CHARITABLE CONTRIBUTION

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