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Employer Identification Number 54-0578719

VIRGINIA CREDIT UNION, INC. is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:VIRGINIA CREDIT UNION, INC.
Employer identification number (EIN):54-0578719
EIN Issuing AuthorityBrookhaven, NY
NAIC Classification:522130
NAIC Description:Credit Unions
401k Pension/Benefits registration VIRGINIA CREDIT UNION, INC. 401k plan information
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code
State of IncorporationVirgninia, VA

Organization Overview

Mission StatementSTATE CHARTERED CREDIT UNION - SEE SCHEDULE 0DEPOSITS ARE COLLECTED FROM MEMBERS, LOANS ARE MADE TO MEMBERS, AND OTHER FINANCIAL SERVICES ARE PROVIDED IN ORDER TO PROMOTE THRIFT AMONGST MEMBERS AND HELP THEM GET AHEAD FINANCIALLY.
Number of Employees776
Number of Volunteers31
Year Formed1928

Organization Governance

Legal DomicileVA
Voting Members - Governing Body11
Voting Members - Independent11

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 26,458,745
Net unrelated business incomeUSD $ 76,636
Program Service Revenue from prior yearUSD $ 228,504,977
Program Service Revenue from current yearUSD $ 238,703,973
Investment Income from prior yearUSD $ 34,584,002
Investment Income from current yearUSD $ 30,889,640
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 512,414,756
Net assets / fund balances at end of fiscal yearUSD $ 351,791,214
Net assets / fund balances at beginning of fiscal yearUSD $ 452,322,996
Total liabilities at end of fiscal yearUSD $ 4,734,669,474
Total liabilities at beginning of fiscal yearUSD $ 4,540,778,043
Total assets at end of fiscal yearUSD $ 5,086,460,688
Total assets at beginning of fiscal yearUSD $ 4,993,101,039
Revenues less expenses for current yearUSD $ 50,109,540
Revenues less expenses for previous yearUSD $ 50,649,452
Total expenses for current yearUSD $ 219,484,073
Total expenses for previous yearUSD $ 212,439,527
Other expenses in current yearUSD $ 107,874,049
Other expenses in previous yearUSD $ 96,024,429
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 110,342,524
Employee salary and benefits paid in previous yearUSD $ 115,237,200
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,267,500
Grants and similar amounts paid in previous yearUSD $ 1,177,898
Total revenue in current fiscal yearUSD $ 269,593,613
Total revenue in previous fiscal yearUSD $ 263,088,979
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2021-12-31
Total unrelated business incomeUSD $ 33,803,328
Net unrelated business incomeUSD $ 316,823
Program Service Revenue from prior yearUSD $ 228,723,869
Program Service Revenue from current yearUSD $ 228,504,977
Investment Income from prior yearUSD $ 50,562,437
Investment Income from current yearUSD $ 34,584,002
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 847,300,209
Net assets / fund balances at end of fiscal yearUSD $ 452,322,996
Net assets / fund balances at beginning of fiscal yearUSD $ 417,521,394
Total liabilities at end of fiscal yearUSD $ 4,540,778,043
Total liabilities at beginning of fiscal yearUSD $ 4,115,236,218
Total assets at end of fiscal yearUSD $ 4,993,101,039
Total assets at beginning of fiscal yearUSD $ 4,532,757,612
Revenues less expenses for current yearUSD $ 50,649,452
Revenues less expenses for previous yearUSD $ 29,904,908
Total expenses for current yearUSD $ 212,439,527
Total expenses for previous yearUSD $ 249,381,398
Other expenses in current yearUSD $ 96,024,429
Other expenses in previous yearUSD $ 139,198,254
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 115,237,200
Employee salary and benefits paid in previous yearUSD $ 108,992,144
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,177,898
Grants and similar amounts paid in previous yearUSD $ 1,191,000
Total revenue in current fiscal yearUSD $ 263,088,979
Total revenue in previous fiscal yearUSD $ 279,286,306
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2020-12-31
Total unrelated business incomeUSD $ 31,729,013
Net unrelated business incomeUSD $ 76,922
Program Service Revenue from prior yearUSD $ 214,779,169
Program Service Revenue from current yearUSD $ 228,723,869
Investment Income from prior yearUSD $ 31,467,894
Investment Income from current yearUSD $ 50,562,437
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,000,173,217
Net assets / fund balances at end of fiscal yearUSD $ 417,521,394
Net assets / fund balances at beginning of fiscal yearUSD $ 383,618,745
Total liabilities at end of fiscal yearUSD $ 4,115,236,218
Total liabilities at beginning of fiscal yearUSD $ 3,345,787,546
Total assets at end of fiscal yearUSD $ 4,532,757,612
Total assets at beginning of fiscal yearUSD $ 3,729,406,291
Revenues less expenses for current yearUSD $ 29,904,908
Revenues less expenses for previous yearUSD $ 38,771,668
Total expenses for current yearUSD $ 249,381,398
Total expenses for previous yearUSD $ 207,475,395
Other expenses in current yearUSD $ 139,198,254
Other expenses in previous yearUSD $ 125,824,362
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 108,992,144
Employee salary and benefits paid in previous yearUSD $ 80,357,400
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 1,191,000
Grants and similar amounts paid in previous yearUSD $ 1,293,633
Total revenue in current fiscal yearUSD $ 279,286,306
Total revenue in previous fiscal yearUSD $ 246,247,063
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2018-12-31
Total unrelated business incomeUSD $ 3,596,906
Net unrelated business incomeUSD $ 279,454
Program Service Revenue from prior yearUSD $ 170,623,459
Program Service Revenue from current yearUSD $ 188,438,790
Investment Income from prior yearUSD $ 18,334,796
Investment Income from current yearUSD $ 25,496,335
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 360,511,485
Net assets / fund balances at end of fiscal yearUSD $ 333,865,121
Net assets / fund balances at beginning of fiscal yearUSD $ 301,764,000
Total liabilities at end of fiscal yearUSD $ 3,304,162,240
Total liabilities at beginning of fiscal yearUSD $ 3,188,368,611
Total assets at end of fiscal yearUSD $ 3,638,027,361
Total assets at beginning of fiscal yearUSD $ 3,490,132,611
Revenues less expenses for current yearUSD $ 35,600,031
Revenues less expenses for previous yearUSD $ 22,349,334
Total expenses for current yearUSD $ 178,335,094
Total expenses for previous yearUSD $ 166,608,921
Other expenses in current yearUSD $ 110,916,532
Other expenses in previous yearUSD $ 99,482,617
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 67,254,048
Employee salary and benefits paid in previous yearUSD $ 67,126,304
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 164,514
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 213,935,125
Total revenue in previous fiscal yearUSD $ 188,958,255
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2017-12-31
Total unrelated business incomeUSD $ 4,549,450
Net unrelated business incomeUSD $ 611,496
Program Service Revenue from prior yearUSD $ 154,235,568
Program Service Revenue from current yearUSD $ 170,623,459
Investment Income from prior yearUSD $ 14,294,382
Investment Income from current yearUSD $ 18,334,796
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 347,706,738
Net assets / fund balances at end of fiscal yearUSD $ 301,764,000
Net assets / fund balances at beginning of fiscal yearUSD $ 278,878,210
Total liabilities at end of fiscal yearUSD $ 3,188,368,611
Total liabilities at beginning of fiscal yearUSD $ 3,025,047,749
Total assets at end of fiscal yearUSD $ 3,490,132,611
Total assets at beginning of fiscal yearUSD $ 3,303,925,959
Revenues less expenses for current yearUSD $ 22,349,334
Revenues less expenses for previous yearUSD $ 19,589,091
Total expenses for current yearUSD $ 166,608,921
Total expenses for previous yearUSD $ 148,940,859
Other expenses in current yearUSD $ 99,482,617
Other expenses in previous yearUSD $ 89,320,098
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 67,126,304
Employee salary and benefits paid in previous yearUSD $ 59,620,761
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 188,958,255
Total revenue in previous fiscal yearUSD $ 168,529,950
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2016-12-31
Total unrelated business incomeUSD $ 4,212,707
Net unrelated business incomeUSD $ 839,259
Program Service Revenue from prior yearUSD $ 139,351,588
Program Service Revenue from current yearUSD $ 154,235,568
Investment Income from prior yearUSD $ 11,476,648
Investment Income from current yearUSD $ 14,294,382
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 302,214,859
Net assets / fund balances at end of fiscal yearUSD $ 278,878,210
Net assets / fund balances at beginning of fiscal yearUSD $ 262,033,096
Total liabilities at end of fiscal yearUSD $ 3,025,047,749
Total liabilities at beginning of fiscal yearUSD $ 2,658,215,713
Total assets at end of fiscal yearUSD $ 3,303,925,959
Total assets at beginning of fiscal yearUSD $ 2,920,248,809
Revenues less expenses for current yearUSD $ 19,589,091
Revenues less expenses for previous yearUSD $ 24,977,845
Total expenses for current yearUSD $ 148,940,859
Total expenses for previous yearUSD $ 125,850,391
Other expenses in current yearUSD $ 89,320,098
Other expenses in previous yearUSD $ 75,663,788
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 59,620,761
Employee salary and benefits paid in previous yearUSD $ 50,186,603
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 168,529,950
Total revenue in previous fiscal yearUSD $ 150,828,236
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2015-12-31
Total unrelated business incomeUSD $ 2,741,534
Net unrelated business incomeUSD $ 26,216
Program Service Revenue from prior yearUSD $ 126,179,683
Program Service Revenue from current yearUSD $ 139,351,588
Investment Income from prior yearUSD $ 10,550,192
Investment Income from current yearUSD $ 11,476,648
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 223,286,736
Net assets / fund balances at end of fiscal yearUSD $ 262,033,096
Net assets / fund balances at beginning of fiscal yearUSD $ 239,419,954
Total liabilities at end of fiscal yearUSD $ 2,658,215,713
Total liabilities at beginning of fiscal yearUSD $ 2,441,761,876
Total assets at end of fiscal yearUSD $ 2,920,248,809
Total assets at beginning of fiscal yearUSD $ 2,681,181,830
Revenues less expenses for current yearUSD $ 24,977,845
Revenues less expenses for previous yearUSD $ 27,868,942
Total expenses for current yearUSD $ 125,850,391
Total expenses for previous yearUSD $ 108,860,933
Other expenses in current yearUSD $ 75,663,788
Other expenses in previous yearUSD $ 64,731,506
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 50,186,603
Employee salary and benefits paid in previous yearUSD $ 44,129,427
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 150,828,236
Total revenue in previous fiscal yearUSD $ 136,729,875
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0
2014-12-31
Total unrelated business incomeUSD $ 1,813,810
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 116,220,235
Program Service Revenue from current yearUSD $ 126,179,683
Investment Income from prior yearUSD $ 11,134,749
Investment Income from current yearUSD $ 10,550,192
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 163,693,275
Net assets / fund balances at end of fiscal yearUSD $ 239,419,954
Net assets / fund balances at beginning of fiscal yearUSD $ 222,219,836
Total liabilities at end of fiscal yearUSD $ 2,441,761,876
Total liabilities at beginning of fiscal yearUSD $ 2,323,675,004
Total assets at end of fiscal yearUSD $ 2,681,181,830
Total assets at beginning of fiscal yearUSD $ 2,545,894,840
Revenues less expenses for current yearUSD $ 27,868,942
Revenues less expenses for previous yearUSD $ 22,059,837
Total expenses for current yearUSD $ 108,860,933
Total expenses for previous yearUSD $ 105,295,147
Other expenses in current yearUSD $ 64,731,506
Other expenses in previous yearUSD $ 64,046,687
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 44,129,427
Employee salary and benefits paid in previous yearUSD $ 41,248,460
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 136,729,875
Total revenue in previous fiscal yearUSD $ 127,354,984
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 0

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 540578719

USA Mailing Address
7500 BOULDERS VIEW DR
RICHMOND
VA
23225
Date first seen: 2008-07-01
Date last seen: 2024-07-31
USA Mailing Address
7500 BOULDERS VIEW DRIVE
RICHMOND
VA
232259010
Date first seen: 2010-10-14
Date last seen: 2018-04-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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