Volunteer Corporate Credit Union

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621120233 ✦ Nashville, TN ✦ Designated as a 501(c)(14)

Overview

What is Volunteer Corporate Credit Union?

Volunteer Corporate Credit Union is a not-for-profit financial cooperative located in Nashville, Tennessee, specifically at 2460 Atrium Way, ZIP code 37214. Established to serve natural person credit unions nationally, its primary goal is to offer affordable financial services and competitive investment and lending rates to its member/owners. Inspiring credit unions to reach new heights, Volunteer Corporate Credit Union provides dynamic payment solutions, custom investment services, and unparalleled member service. Committed to serving as the primary financial partner with credit unions, they strive to offer superior products, services, and support. With a dedicated workforce of 69 employees, the credit union's mission is to help credit unions thrive and prosper.


Official website here: www.volcorp.org

Is Volunteer Corporate Credit Union legitimate?

Volunteer Corporate Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Volunteer Corporate Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,071,789

For more financial information, click here


Official website here: www.volcorp.org

What is the mission statement of Volunteer Corporate Credit Union?

Volunteer Corporate Credit Union functions as a key financial partner for credit unions nationwide, delivering superior products, services, and support. This not-for-profit financial cooperative was founded with the primary objective of providing affordable financial services and competitive investment and lending rates to its member credit unions. By offering dynamic payment solutions and custom investment services, Volunteer Corporate Credit Union empowers credit unions to thrive and reach new heights. Its unparalleled member service is dedicated to ensuring the financial well-being and success of its member credit unions.


Official website here: www.volcorp.org

Who is the CEO of Volunteer Corporate Credit Union?

Justin Holt is the General Counsel of Volunteer Corporate Credit Union. The CEO's salary of Volunteer Corporate Credit Union is $572,094 and their total compensation is $631,615.


Official website here: www.volcorp.org

What is the revenue of Volunteer Corporate Credit Union?

Volunteer Corporate Credit Union's revenue in 2022 was $78,897,689.


Official website here: www.volcorp.org

Who are the executives of Volunteer Corporate Credit Union and what are their salaries?

The average compensation at Volunteer Corporate Credit Union during 2022 was $87,997. There are 69 employees at Volunteer Corporate Credit Union.

Here are 16 key members and their salaries (Volunteer Corporate Credit Union's CEO's salary is $572,094 and their total compensation is $631,615):

    Jeffrey Merry (President/Ceo)
  • Compensation: $572,094
  • Related: $0
  • Other: $59,521

    • Phillip Cochran (Svp/Chief Investment Offic)
  • Compensation: $369,561
  • Related: $0
  • Other: $43,113

    • Jeffrey Dato (Evp/Coo)
  • Compensation: $286,588
  • Related: $0
  • Other: $53,520

    • Ben Williams (Vp Information Technology)
  • Compensation: $204,315
  • Related: $0
  • Other: $46,300

    • Christina Adkison (Chief Experience Officer)
  • Compensation: $192,789
  • Related: $0
  • Other: $44,432

    • Justin Holt (Chief Financial Officer)
  • Compensation: $182,883
  • Related: $0
  • Other: $38,105

    • Bradley Arant Boult Cummings Llp (General Counsel) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Hester (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Trotter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Yocum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Cooper (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Mikels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Smith (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Swims (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Jacoway (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.volcorp.org

    Where can I find the form 990 for Volunteer Corporate Credit Union?

    The Volunteer Corporate Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.volcorp.org

    Learn more at the official website: www.volcorp.org

    Mission Statement of Volunteer Corporate Credit Union

    Volunteer Corporate Credit Union, a not-for-profit financial cooperative, is dedicated to helping credit unions thrive by offering dynamic payment solutions, custom investment services, and unparalleled member service. With a mission to serve as the primary financial partner for credit unions, Volunteer Corporate Credit Union provides superior products, services, and support.

    In operation for the explicit purpose of offering low-cost financial services and competitive investment and lending rates to its member/owners, this credit union goes above and beyond to inspire growth within the credit union community. By focusing on the unique needs of natural person credit unions nationally, Volunteer Corporate Credit Union sets itself apart as a trusted and essential partner.

    Impact

    This information is meant to be a general summary of Volunteer Corporate Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Volunteer Corporate Credit Union's impact is clear in its mission to serve as the primary financial partner for credit unions, providing them with superior products, services, and support. By inspiring credit unions to reach new heights through dynamic payment solutions, custom investment services, and unparalleled member service, Volunteer Corporate Credit Union plays a vital role in strengthening the credit union movement nationally. Its focus on low-cost financial services and competitive rates directly benefits its member/owners, enabling them to better serve their own members and communities. This dedication to supporting and empowering credit unions contributes to the overall stability and growth of the financial cooperative sector, ultimately benefitting both credit union members and the public at large.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $47,027,531
  • Program Service Revenue: $0
  • Gross Receipts: $78,897,689

    • Assets and Liabilities:
  • Total Assets: $1,546,022,853
  • Total Liabilities: $1,412,302,239
  • Net Assets: $133,720,614
  • Organization Details

    Founding Year

    1981

    Principal Officer

    Justin Holt

    Main Address

    2460 ATRIUM WAY, NASHVILLE, TN, 37214

    NTEE Category

    Code: W60 - Public benefit

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