NonprofitsBrazos Valley Schools Credit Union

Brazos Valley Schools Credit Union

KATY, TX

Total revenue

$50.0M

Total expenses

$47.4M

Net assets

$96.0M

Grants received

EIN

741397874

Tax year

2024

Mission

Cooperative provider of credit union financial services to qualified members.

Programs

2 programs

Checking accounts: brazos valley schools credit union offers five types of checking accounts to our members: (1) money market (2) dividend bearing (3) service charge free (4) student checking and (5) restart checking account. The money market and dividend bearing checking accounts pay dividends monthly. The service charge free and student checking do not pay dividends. The restart checking does not pay dividends and it charges a monthly fee. Members with checking accounts are offered free debit cards, internet account access, free mobile banking, and free use of internet bill payer platform.

Consumer loans: brazos valley schools credit union offers both personal consumer loans and real estate loans to our members. The personal consumer loans include: signature loans, credit cards, line-of-credit loans and share/certificate secured loans, other secured loans and auto loans. Consumer life and disability insurance is available on all personal consumer loans. The real estate loans include: land, construction, first lien mortgage, home improvement and home equity, including home equity line of credit. Real estate loans are serviced in-house with escrow account services provided on all first lien mortgages.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$39.2M
Investment income$10.8M
Other revenue$83K
Total revenue$50.0M

Expenses

Grants paid$15K
Salaries & benefits$13.9M
Fundraising
Other expenses$33.5M
Total expenses$47.4M
Total assets$975.0M
Net assets$96.0M

People

14 listed

NameRoleCompensation

YVONNE KERSHNER

PRESIDENT/CEO

Board

$568K

40 hrs/wk

COURTNEY POOLE

CFO

Board

$233K

40 hrs/wk

OD TOMPKINS

VICE CHAIRPERSON

Board

1 hrs/wk

MICHAEL MADDEN

DIRECTOR

Board

1 hrs/wk

STEPHEN SADLER

DIRECTOR

Board

1 hrs/wk

A MELVIN NASH

TREASURER

Board

1 hrs/wk

VICKI DELGADO

SECRETARY

Board

1 hrs/wk

KATHY KUBELKA

CHAIRPERSON

Board

1 hrs/wk

MICHAEL GRIFFIN

DIRECTOR

Board

1 hrs/wk

CHRISTINA FRITH

CMEO

Staff

$178K

40 hrs/wk

JON HARTMAN

VP IT

Staff

$171K

40 hrs/wk

JAMES CUSHING

VP OPERATIONS

Staff

$164K

40 hrs/wk

ANDREA MAESTRETTI

VP HUMAN RESOURCES

Staff

$156K

40 hrs/wk

CHELSEA WOOTEN

VP LENDING

Staff

$147K

40 hrs/wk

Independent contractors

GULLO COMMERCIAL CONSTRUCTION LLC

CONSTRUCTION & REPAIRS

$2.5M

ALKAMI TECHNOLOGY

ONLINE PLATFORM

$934K

SECURITAS TECHNOLOGY CORPORATION

ALARM SYSTEM AND MONITORING

$327K

PURE IT CREDIT UNION SERVICES

IT SECURITY

$300K

LANVERA

NOTICE AND STATEMENT MAILER

$270K

Details

EIN741397874
Subsection14
Ruling date1976-06
Formed1954
Employees219
Volunteers7
BRAZOS VALLEY SCHOOLS CREDIT UNION — Mission, Financials & Grants Received | Grantivo