VALLEY COMMUNITY CREDIT UNION

Address
123 MCCLURE AVE
NAMPA, ID 83651
Contact
Website: http://www.valleyccu.com
Phone: +1 (208) 466-8163
Nonprofit
NTEE: W61 - Credit Unions
EIN: 82-0251201

Mission

THE MISSION OF VALLEY COMMUNITY CREDIT UNION SHALL BE TO PROVIDE SELECTED FINANCIAL SERVICES TO ITS MEMBERS WITH MAXIMAL BENEFIT THROUGH COOPERATIVE RESOURCE MANAGEMENT, WITHIN ITS BYLAWS, AND WITH ADEQUATE CAPITALIZATION, PRUDENT AND MANDATED RESERVES, AND CONSISTENT WITH ALL APPLICABLE STATUTES AND REGULATIONS. THE GUIDING POLICIES FOR THE BOARD, COMMITTEES, MANAGEMENT AND THE STAFF SHALL IN SO FAR AS REASONABLE, BE IN HARMONY WITH THE PRINCIPLES AND CUSTOMS OF THE COMMUNITY IT SERVES AS WELL AS THE INDUSTRY IN WHICH IT FUNCTIONS.
 201120102009
Basic features of the organization
Year of formation1955
Metropolitan statistical area1080
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$51,000.00$53,338.00 
Sum of reportable (W2/1099) compensation$51,000.00$51,000.00 
Number of employees79 
Number of people compensated >$100k00 
Number of volunteers87 
Personnel
Birch, Gary
TitleBOARD SECRETARYBOARD SECRETARY 
Name of key/compensated personGARY BIRCHGARY BIRCH 
Position of compensated person
Current individual trustee or directorTrueTrue 
Current officerTrueTrue 
Average hours per week working for org0.500.50 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Drake, Ryan
TitleCEOCEO 
Name of key/compensated personRYAN DRAKERYAN DRAKE 
Position of compensated person
Current officerTrueTrue 
Average hours per week working for org45.0045.00 
Reportable compensation from org$51,000.00$51,000.00 
Other comp, non-reportable, from org and related orgs$0.00$2,338.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Grant, Charles
TitleBOARD MEMBERDIRECTOR 
Name of key/compensated personCHARLES GRANTCHARLES GRANT 
Position of compensated person
Current individual trustee or directorTrueTrue 
Average hours per week working for org0.500.50 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Grim, Larry
TitleBOARD MEMBERDIRECTOR 
Name of key/compensated personLARRY GRIMLARRY GRIM 
Position of compensated person
Current individual trustee or directorTrueTrue 
Average hours per week working for org0.500.50 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Harris, Mari
TitleBOARD MEMBERDIRECTOR 
Name of key/compensated personMARI HARRISMARI HARRIS 
Position of compensated person
Current individual trustee or directorTrueTrue 
Average hours per week working for org0.500.50 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Murphy, Darrell
TitleBOARD MEMBERDIRECTOR 
Name of key/compensated personDARRELL MURPHYDARRELL MURPHY 
Position of compensated person
Current individual trustee or directorTrueTrue 
Average hours per week working for org0.500.50 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Neth, Gail
TitleBOARD VICE-PRESIDENTBOARD VICE-CHAIR 
Name of key/compensated personGAIL NETHGAIL NETH 
Position of compensated person
Current individual trustee or directorTrueTrue 
Current officerTrueTrue 
Average hours per week working for org0.500.50 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Robinson, Charles
TitleBOARD PRESIDENTBOARD CHAIR 
Name of key/compensated personCHARLES ROBINSONCHARLES ROBINSON 
Position of compensated person
Current individual trustee or directorTrueTrue 
Current officerTrueTrue 
Average hours per week working for org0.701.00 
Reportable compensation from org$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO OPERATE FOR MUTUAL PURPOSES AND WITHOUT PROFIT AND TO PROVIDE RESERVE FUNDS FOR LOANS TO MEMBERS AT REASONABLE RATES.TO OPERATE FOR MUTUAL PURPOSES AND WITHOUT PROFIT AND TO PROVIDE RESERVE FUNDS FOR LOANS TO MEMBERS AT REASONABLE RATES. 
Program service expenses, total $538,496.00 
Programs, including revenue & expenses
THE CREDIT UNION SERVED 2,176 MEMBERS IN 2011.
Program expenses $538,496.00 
Program descriptionTHE CREDIT UNION SERVED 2,176 MEMBERS IN 2011.THE CREDIT UNION SERVED 2,361 MEMBERS IN 2010. 
Financial data
Revenue
Total revenue$409,428.00$419,646.00 
Revenue from contributions (total) $0.00$0.00
Investment income, current yr$25,781.00$9,636.00 
Total revenue from grants, etc., current yr$0.00$0.00 
Total unrelated business revenue$0.00$0.00 
Other revenue, current yr$38,986.00$35,466.00 
Net unrelated business taxable revenue-$1,197.00-$710.00 
Program service revenue (total)$344,661.00$374,544.00$407,257.00
Gross receipts$409,428.00$442,834.00 
Other types of revenue
Miscellaneous revenue (total)$38,986.00$35,466.00 
Income from dividends, interest, and similar investments$25,781.00$32,824.00 
Net rental income $0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$452,311.00$538,496.00 
Fees for services
Fundraising service fees (total)$0.00$0.00 
Assets and liabilities
Total assets$8,294,059.00$8,458,149.00$8,679,075.00
Total assets, beginning of year$8,458,149.00$8,679,075.00 
Total liabilities$7,844,518.00$7,965,725.00$8,067,801.00
Total liabilities, beginning of year$7,965,725.00$8,067,801.00 
Net assets$449,541.00$492,424.00 
Net assets, beginning of year$492,424.00$611,274.00 
Other liabilities$7,834,483.00$7,961,774.00 
Other assets$100,270.00$99,737.00 
Investments: other securities$2,986,000.00$2,245,000.00 
Cash: non-interest bearing$1,086,007.00$1,497,678.00 
Cash: non-interest bearing, beginning of year$1,497,678.00$978,288.00 
Other financial variables
Revenue less expenses-$42,883.00-$118,850.00 
Advertising (total)$779.00$2,918.00 
Savings & temp cash investment$34,004.00$26,680.00 
Prepaid expenses & deferred charges$11,037.00$20,000.00 
Accounts payable & accrued expenses$10,035.00$3,951.00 
Total net assets or fund balances$449,541.00$492,424.00 
Depreciation, depletion, amortization$15,833.00$20,512.00 
Governance and accountability
Number of voting members77 
Number of independent voting members77 
Relationships among key personnelTrueTrue 
Accrual accountingTrueTrue 
Tax year start date2011-01-012010-01-01 
Tax year end date2011-12-012010-12-012009-12-01
Has local chapters True 
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990 
Date e-filing submitted2012-12-312011-10-27 
IRS schema version2011v1.22010v3.2 
Filing identifier201223259349300212201131929349300933 
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