NonprofitsArk Valley Credit Union

Ark Valley Credit Union

ARKANSAS CITY, KS

Total revenue

$3.3M

Total expenses

$2.6M

Net assets

$7.6M

Grants received

EIN

480668113

Tax year

2024

Mission

To provide high quality financial services for our members/owners, enhancing their financial well-being while maintaining the financial strength of the credit union.

Programs

2 programs

Provides a source of credit to members at a fair and reasonable rate of interest. As of december 31, 2024, there were 3,378 loans outstanding totaling $34,462,602.

Paid dividends on member deposits totaling $268,135 for the year.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.8M
Investment income$488K
Other revenue$18K
Total revenue$3.3M

Expenses

Grants paid
Salaries & benefits$989K
Fundraising
Other expenses$1.7M
Total expenses$2.6M
Total assets$55.0M
Net assets$7.6M

People

8 listed

NameRoleCompensation

KIM ANNELER

PRESIDENT/CEO

Board

$137K

40 hrs/wk

STEVE BOWER

VICE CHAIRMAN

Board

1 hrs/wk

BARRY THOMPSON

SECRETARY

Board

1 hrs/wk

SHERI QUICK

TREASURER

Board

1 hrs/wk

MITCH REICHLE

CHAIRMAN

Board

1 hrs/wk

WALTER SANDERS

DIRECTOR

Board

1 hrs/wk

MARY SCHMIDT

DIRECTOR

Board

1 hrs/wk

MARK MCCASLIN

DIRECTOR

Board

1 hrs/wk

Details

EIN480668113
Subsection14
Ruling date1955-09
Formed1955
Employees21
Volunteers0
ARK VALLEY CREDIT UNION — Mission, Financials & Grants Received | Grantivo