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Virginia United Methodist Credit Union

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a State-chartered credit unions and mutual reserve funds.

Summary charts: organization finances over time

Revenue
$1.01M (2023)

Expenses
$899k (2023)

Total Assets
$17.6M (2023)

Total Liabilities
$16.1M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,011,950
Expenses
$899,049
Net Income
$112,901
Net Assets
$1,494,616
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $849,291
83.9%
Investment Income $162,659
16.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,619
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $176,382
19.6%
Assets/Debt
Total Assets $17,589,871
Total Liabilities $16,095,255
Net Assets $1,494,616
Compensation
Key Employees and Officers Compensation Related Other
James Eads (Ceo) $18,619 $0 $0
Alvin Horton (Board Chairperson) $0 $0 $0
William James (Board Vice Chairperson) $0 $0 $0
Joel Pollard (Board Secretary) $0 $0 $0
Thomas Rachele (Treasurer) $0 $0 $0
Chris Burgess (Board Member) $0 $0 $0
Jeff Peterson (Board Member) $0 $0 $0
David Adkins (Board Member) $0 $0 $0
Susan Lewis (Board Member) $0 $0 $0
William Shaw (Board Member) $0 $0 $0
Paul Eichelberger (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$896,440
Expenses
$848,201
Net Income
$48,239
Net Assets
$1,461,667
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $781,120
87.1%
Investment Income $115,320
12.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,619
2.2%
Professional Fundraising Fees $0
Other Salaries and Wages $190,803
22.5%
Assets/Debt
Total Assets $17,784,615
Total Liabilities $16,322,948
Net Assets $1,461,667
Compensation
Key Employees and Officers Compensation Related Other
James Eads (Ceo) $18,619 $0 $0
Alvin Horton (Board Chairperson) $0 $0 $0
William James (Board Vice Chairperson) $0 $0 $0
Joel Pollard (Board Secretary) $0 $0 $0
Thomas Rachele (Treasurer) $0 $0 $0
Chris Burgess (Board Member) $0 $0 $0
Jeff Peterson (Board Member) $0 $0 $0
David Adkins (Board Member) $0 $0 $0
Susan Lewis (Board Member) $0 $0 $0
William Shaw (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,275,341
Expenses
$1,095,135
Net Income
$180,206
Net Assets
$1,450,895
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,269,097
99.5%
Investment Income $6,244
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,619
1.7%
Professional Fundraising Fees $0
Other Salaries and Wages $212,963
19.4%
Assets/Debt
Total Assets $19,324,765
Total Liabilities $17,873,870
Net Assets $1,450,895
Compensation
Key Employees and Officers Compensation Related Other
James Eads (Ceo) $18,619 $0 $0
Alvin Horton (Board Chairperson) $0 $0 $0
William James (Board Vice Chair) $0 $0 $0
Joel Pollard (Board Secretary) $0 $0 $0
Thomas Rachele (Treasurer) $0 $0 $0
Chris Burgess (Board Member) $0 $0 $0
Jeff Peterson (Board Member) $0 $0 $0
David Adkins (Board Member) $0 $0 $0
Susan Lewis (Board Member) $0 $0 $0
William Shaw (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,076,266
Expenses
$980,736
Net Income
$95,530
Net Assets
$1,335,589
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,053,685
97.9%
Investment Income $22,581
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,619
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $228,849
23.3%
Assets/Debt
Total Assets $19,292,818
Total Liabilities $17,957,229
Net Assets $1,335,589
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
James Eads (Ceo) $18,619 $0 $0
Alvin Horton (Board Chairperson) $0 $0 $0
William James (Board Vice Chair) $0 $0 $0
Joel Pollard (Board Secretary) $0 $0 $0
Thomas Rachele (Treasurer) $0 $0 $0
Chris Burgess (Board Member) $0 $0 $0
Madeline Pillow (Board Member) $0 $0 $0
Jeff Peterson (Board Member) $0 $0 $0
David Adkins (Board Member) $0 $0 $0
Susan Lewis (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,018,352
Expenses
$951,342
Net Income
$67,010
Net Assets
$1,299,544
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $962,432
94.5%
Investment Income $55,920
5.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $18,619
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $270,307
28.4%
Assets/Debt
Total Assets $16,005,015
Total Liabilities $14,705,471
Net Assets $1,299,544
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
James Eads (Ceo) $18,000 $0 $0
Alvin Horton (Chairperson) $0 $0 $0
William James (Vice Chair) $0 $0 $0
Joel Pollard (Secretary) $0 $0 $0
Thomas A Rachele (Treasurer) $0 $0 $0
Chris Burgess (Board Member) $0 $0 $0
Susan Lewis (Board Member) $0 $0 $0
William Shaw (Board Member) $0 $0 $0
Madeline Pillow (Board Member) $0 $0 $0
Jeff Peterson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,025,189
Expenses
$972,315
Net Income
$52,874
Net Assets
$1,285,909
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $952,196
92.9%
Investment Income $72,993
7.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $33,498
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $268,846
27.7%
Assets/Debt
Total Assets $16,724,047
Total Liabilities $15,438,138
Net Assets $1,285,909
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
William A James (Vice Chair) $0 $0 $0
Alvin J Horton (Chairperson) $0 $0 $0
M William Jones Iv (Secretary) $0 $0 $0
Thomas A Rachele (Treasurer) $0 $0 $0
Chris Burgess (Board Member) $0 $0 $0
Susan Lewis (Board Member) $0 $0 $0
James Eads (Ceo) $0 $32,560 $0
Joel Pollard (Board Member) $0 $0 $0
Madeline Pillow (Board Member) $0 $0 $0
David Adkins (Board Member) $0 $0 $0
Jeff Peterson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$869,416
Expenses
$972,788
Net Income
-$103,372
Net Assets
$1,283,559
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $815,127
93.8%
Investment Income $54,289
6.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $61,603
6.3%
Professional Fundraising Fees $0
Other Salaries and Wages $256,755
26.4%
Assets/Debt
Total Assets $16,932,845
Total Liabilities $15,649,286
Net Assets $1,283,559
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
William A James (Vice Chair) $0 $0 $0
Alvin J Horton (Chairperson) $0 $0 $0
M William Jones Iv (Board Member) $0 $0 $0
Thomas A Rachele (Treasurer) $0 $0 $0
Chris Burgess (Board Member) $0 $0 $0
Susan Lewis (Board Member) $0 $0 $0
James Eads (Ceo) $0 $60,103 $0
Joel Pollard (Board Member) $0 $0 $0
Madeline Pillow (Board Member) $0 $0 $0
David Adkins (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$830,699
Expenses
$857,761
Net Income
-$27,062
Net Assets
$1,386,930
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $734,337
88.4%
Investment Income $86,012
10.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $10,350
1.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $60,103
7.0%
Professional Fundraising Fees $0
Other Salaries and Wages $243,920
28.4%
Assets/Debt
Total Assets $15,703,817
Total Liabilities $14,316,887
Net Assets $1,386,930
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
James Eads (Ceo) $61,603 $0 $0
William A James (Vice Chair) $0 $0 $0
Alvin J Horton (Chairperson) $0 $0 $0
M William Jones Iv (Board Member) $0 $0 $0
Thomas A Rachele (Treasurer) $0 $0 $0
Chris Burgess (Board Member) $0 $0 $0
Susan Lewis (Board Member) $0 $0 $0
Joel Pollard (Board Member) $0 $0 $0
Madeline Pillow (Board Member) $0 $0 $0
David Adkins (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$861,554
Expenses
$937,566
Net Income
-$76,012
Net Assets
$1,422,042
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $743,565
86.3%
Investment Income $114,835
13.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,154
0.4%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $55,257
5.9%
Professional Fundraising Fees $0
Other Salaries and Wages $279,433
29.8%
Assets/Debt
Total Assets $16,095,033
Total Liabilities $14,672,991
Net Assets $1,422,042
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
James Eads (Ceo) $55,257 $0 $0
Carol A Mathis (Retired Ceo) $26,676 $0 $0
Noel G Preston (Board Member) $0 $0 $0
William A James (Board Member) $0 $0 $0
Alvin J Horton (Board Member) $0 $0 $0
M William Jones Iv (Board Member) $0 $0 $0
Thomas A Rachele (Board Member) $0 $0 $0
Lloyd Newbanks (Board Member) $0 $0 $0
James D Thomas (Board Member) $0 $0 $0
Chris Burgess (Board Member) $0 $0 $0
Susan Lewis (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$884,912
Expenses
$908,282
Net Income
-$23,370
Net Assets
$1,501,207
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $778,947
88.0%
Investment Income $105,708
11.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $257
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $85,817
9.4%
Professional Fundraising Fees $0
Other Salaries and Wages $240,443
26.5%
Assets/Debt
Total Assets $18,725,888
Total Liabilities $17,224,681
Net Assets $1,501,207
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Carol A Mathis (Ceo) $72,461 $0 $13,356
Noel G Preston (Board Member) $0 $0 $0
William A James (Board Member) $0 $0 $0
Alvin J Horton (Board Member) $0 $0 $0
M William Jones Iv (Board Member) $0 $0 $0
Thomas A Rachele (Board Member) $0 $0 $0
Lloyd Newbanks (Board Member) $0 $0 $0
James D Thomas (Board Member) $0 $0 $0
Chris Burgess (Board Member) $0 $0 $0
Susan Lewis (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$974,031
Expenses
$929,431
Net Income
$44,600
Net Assets
$1,524,577
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $867,252
89.0%
Investment Income $105,700
10.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,079
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $83,632
9.0%
Professional Fundraising Fees $0
Other Salaries and Wages $237,536
25.6%
Assets/Debt
Total Assets $17,473,356
Total Liabilities $15,948,779
Net Assets $1,524,577
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Carol A Mathis (Ceo) $71,812 $0 $11,820
Noel G Preston (Board Member) $0 $0 $0
William A James (Board Member) $0 $0 $0
Alvin J Horton (Board Member) $0 $0 $0
M William Jones Iv (Board Member) $0 $0 $0
Dorothy M Oquinn (Board Member) $0 $0 $0
Thomas A Rachele (Board Member) $0 $0 $0
Lloyd Newbanks (Board Member) $0 $0 $0
James D Thomas (Board Member) $0 $0 $0
Chris Burgess (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,114,937
Expenses
$1,025,095
Net Income
$89,842
Net Assets
$1,479,977
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,013,606
90.9%
Investment Income $100,936
9.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $395
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $78,583
7.7%
Professional Fundraising Fees $0
Other Salaries and Wages $230,535
22.5%
Assets/Debt
Total Assets $18,932,477
Total Liabilities $17,452,500
Net Assets $1,479,977

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,234,895
Expenses
$1,230,326
Net Income
$4,569
Net Assets
$1,390,135
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,136,329
92.0%
Investment Income $97,182
7.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,384
0.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $67,204
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $238,240
19.4%
Assets/Debt
Total Assets $17,893,180
Total Liabilities $16,503,045
Net Assets $1,390,135

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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