Volunteer Corporate Credit Union

Nashville, TN
Tax-exempt since June 1952
EIN: 62-1120233

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(14) State-chartered credit unions and mutual reserve funds.

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$119M (2023)

Expenses

$98.2M (2023)

Total Assets

$1.83B (2023)

Total Liabilities

$1.67B (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

Revenue

$118,810,831

Expenses

$98,234,687

Net Income

$20,576,144

Net Assets

$158,616,513

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$101,009,331	85.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$17,801,500	15.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,916,156	7.0%

Assets/Debt
Total Assets	$1,830,519,716
Total Liabilities	$1,671,903,203
Net Assets	$158,616,513

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jeffrey Merry (President/Ceo)	$633,776	$0	$51,426
Phillip Cochran (Svp/Chief Investment Offic)	$423,645	$0	$41,729
Jeffrey Dato (Evp/Coo)	$304,737	$0	$52,317
Ben Williams (Vp It Strategic Projects)	$212,412	$0	$35,617
Christina Adkison (Chief Experience Officer)	$206,548	$0	$40,606
Justin Holt (Chief Financial Officer)	$202,766	$0	$33,960
Larry Wade Stapleton (Vp, Marketing And Communic)	$153,576	$0	$23,725
Josh Yates (Director Software Development)	$153,052	$0	$37,018
Jeff Cantrell (Vp Information Technology)	$131,714	$0	$23,615
Bradley Arant Boult Cummings Llp (General Counsel)	$0	$0	$0
Debbie Jones (Director)	$0	$0	$0
Judy Hester (Director)	$0	$0	$0
Brian Trotter (Director)	$0	$0	$0
Erin Walter (Director)	$0	$0	$0
Mike Cooper (Secretary)	$0	$0	$0
Rick Mikels (Director)	$0	$0	$0
Ron Smith (Treasurer)	$0	$0	$0
Todd Swims (Vice Chairman)	$0	$0	$0
John Jacoway (Chairman)	$0	$0	$0

+ View more people

990

Filed on June 11, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$78,897,689

Expenses

$52,267,070

Net Income

$26,630,619

Net Assets

$133,720,614

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$47,027,531	59.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$31,870,158	40.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,071,789	11.6%

Assets/Debt
Total Assets	$1,546,022,853
Total Liabilities	$1,412,302,239
Net Assets	$133,720,614

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jeffrey Merry (President/Ceo)	$572,094	$0	$59,521
Phillip Cochran (Svp/Chief Investment Offic)	$369,561	$0	$43,113
Jeffrey Dato (Evp/Coo)	$286,588	$0	$53,520
Ben Williams (Vp Information Technology)	$204,315	$0	$46,300
Christina Adkison (Chief Experience Officer)	$192,789	$0	$44,432
Justin Holt (Chief Financial Officer)	$182,883	$0	$38,105
Bradley Arant Boult Cummings Llp (General Counsel)	$0	$0	$0
Debbie Jones (Director)	$0	$0	$0
Judy Hester (Director)	$0	$0	$0
Brian Trotter (Director)	$0	$0	$0
Sandra Yocum (Director)	$0	$0	$0
Mike Cooper (Secretary)	$0	$0	$0
Rick Mikels (Director)	$0	$0	$0
Ron Smith (Treasurer)	$0	$0	$0
Todd Swims (Vice Chairman)	$0	$0	$0
John Jacoway (Chairman)	$0	$0	$0

+ View more people

990

Filed on Nov. 10, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$49,925,746

Expenses

$20,016,290

Net Income

$29,909,456

Net Assets

$129,505,981

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$9,176,707	18.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$40,749,039	81.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,086,537	25.4%

Assets/Debt
Total Assets	$2,404,399,500
Total Liabilities	$2,274,893,519
Net Assets	$129,505,981

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jeffrey Merry (President/Ceo)	$514,685	$0	$63,289
Phillip Cochran (Svp/Chief Investment Offic)	$468,297	$0	$37,991
Jeffrey Dato (Evp/Coo)	$253,248	$0	$45,859
Ben Williams (Vp Information Technology)	$207,262	$0	$41,430
Christina Adkison (Chief Experience Officer)	$174,676	$0	$38,514
Justin Holt (Chief Financial Officer)	$157,253	$0	$32,640
Casondra Dobbins (Investments Representative)	$148,258	$0	$28,898
Chris Hartung (Principal, Alm & Irr)	$147,281	$0	$36,093
Larry Wade Stapleton (Vp, Marketing And Communications)	$143,010	$0	$25,924
Michelle Douglas (Director, Business Development And Consulting)	$142,742	$0	$35,768
John Jacoway (Chairman)	$0	$0	$0
Todd Swims (Vice Chairman)	$0	$0	$0
Ron Smith (Treasurer)	$0	$0	$0
Rick Mikels (Director)	$0	$0	$0
Mike Cooper (Secretary)	$0	$0	$0
Sandra Yocum (Director)	$0	$0	$0
Brian Trotter (Director)	$0	$0	$0
Judy Hester (Director)	$0	$0	$0
Debbie Jones (Director)	$0	$0	$0
Bradley Arant Boult Cummings Llp (General Counsel)	$0	$0	$0

+ View more people

990

Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$20,915,133

Expenses

$17,162,795

Net Income

$3,752,338

Net Assets

$110,629,185

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$12,892,224	61.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$8,022,909	38.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,289,865	25.0%

Assets/Debt
Total Assets	$2,500,981,054
Total Liabilities	$2,390,351,869
Net Assets	$110,629,185

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jeffrey Merry (President/Ceo)	$450,615	$0	$55,759
Phillip Cochran (Svp/Chief Investment Offic)	$297,417	$0	$33,554
Jeffrey Dato (Svp/Cro)	$216,355	$0	$38,523
Ben Williams (Svp/Cto)	$205,467	$0	$37,356
Susan Stack (Svp/Cfo)	$188,405	$0	$23,669
Larry Wade Stapleton (Vp, Marketing And Innovati)	$136,729	$0	$19,760
Lisa Wright (Vp/Adminstration)	$131,144	$0	$26,210
Michelle Douglas (Vp/Business Development)	$127,035	$0	$31,002
Barry Shulam (Manager, Development)	$116,655	$0	$30,887
Christina Adkison (Chief Experience Officer)	$114,712	$0	$27,413
Justin Holt (Controller)	$101,796	$0	$27,146
John Jacoway (Chairman)	$0	$0	$0
Todd Swims (Vice Chairman)	$0	$0	$0
Ron Smith (Treasurer)	$0	$0	$0
Rick Mikels (Director)	$0	$0	$0
Mike Cooper (Secretary)	$0	$0	$0
Sandra Yocum (Director)	$0	$0	$0
Brian Trotter (Director)	$0	$0	$0
Judy Hester (Director)	$0	$0	$0
Debbie Jones (Director)	$0	$0	$0
Bradley Arant Boult Cummings Llp (General Counsel)	$0	$0	$0

+ View more people

990

Filed on Nov. 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$40,461,745

Expenses

$33,585,001

Net Income

$6,876,744

Net Assets

$104,337,878

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$32,249,641	79.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$8,212,104	20.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,091,441	12.2%

Assets/Debt
Total Assets	$1,339,904,120
Total Liabilities	$1,235,566,242
Net Assets	$104,337,878

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jeffrey Merry (President/Ceo)	$403,291	$0	$54,739
Phillip Cochran (Svp/Chief Investment Offic)	$230,237	$0	$40,367
Ben Williams (Svp/Cto)	$190,464	$0	$38,887
Sandra Swofford (Svp, Marketing & Business)	$176,814	$0	$32,541
Jeffrey Dato (Svp/Cro)	$172,771	$0	$35,063
Susan Stack (Svp/Cfo)	$170,789	$0	$24,076
Chris Hartung (Vp/Risk Management)	$135,606	$0	$33,707
Larry Wade Stapleton (Vp, Marketing And Innovation)	$129,599	$0	$19,361
Lisa Wright (Vp/Adminstration)	$122,112	$0	$27,311
Michelle Douglas (Vp/Business Development)	$120,162	$0	$32,419
Barry Shulam (Manager, Development)	$113,563	$0	$32,477
Karla Knisley (Vp, Special Projects)	$112,492	$0	$18,369
Sanford Brotzman (Manager, It)	$109,720	$0	$32,031
Karen Clabough (Avp, Operations)	$100,497	$0	$21,466
John Jacoway (Chairman)	$0	$0	$0
Todd Swims (Vice Chairman)	$0	$0	$0
Ron Smith (Treasurer)	$0	$0	$0
Sandy Lingerfelt (Director)	$0	$0	$0
Rick Mikels (Director)	$0	$0	$0
Mike Cooper (Secretary)	$0	$0	$0
Sandra Yocum (Director)	$0	$0	$0
Brian Trotter (Director)	$0	$0	$0
Judy Hester (Director)	$0	$0	$0

+ View more people

990

Filed on July 15, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$34,288,326

Expenses

$27,588,771

Net Income

$6,699,555

Net Assets

$96,811,694

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$26,088,569	76.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$4,635	0.0%
Net Inventory Sales	$0
Other Revenue	$8,195,122	23.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,697,560	13.4%

Assets/Debt
Total Assets	$1,212,932,507
Total Liabilities	$1,116,120,813
Net Assets	$96,811,694

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jeffrey Merry (President/Ceo)	$359,455	$0	$48,668
Phillip Cochran (Svp/Chief Investment Offic)	$210,549	$0	$37,893
Sandra Swofford (Svp, Marketing & Business)	$187,427	$0	$31,792
Ben Williams (Svp/Cto)	$181,684	$0	$37,364
Susan Stack (Svp/Cfo)	$155,965	$0	$21,978
Chris Hartung (Vp/Risk Management)	$131,177	$0	$32,617
Jeffrey Dato (Svp/Cro)	$127,191	$0	$13,938
Michelle Douglas (Vp/Business Development)	$117,952	$0	$31,396
Lisa Wright (Vp/Adminstration)	$117,111	$0	$25,231
Barry Shulam (Manager, Development)	$115,158	$0	$30,683
Karla Knisley (Svp/Coo)	$112,479	$0	$17,583
Sanford Brotzman (Manager, It)	$106,525	$0	$30,848
John Jacoway (Chairman)	$0	$0	$0
Todd Swims (Vice Chairman)	$0	$0	$0
Ron Smith (Treasurer)	$0	$0	$0
Sandy Lingerfelt (Director)	$0	$0	$0
Rick Mikels (Director)	$0	$0	$0
Mike Cooper (Secretary)	$0	$0	$0
Sandra Yocum (Director)	$0	$0	$0
Brian Trotter (Director)	$0	$0	$0
Judy Hester (Director)	$0	$0	$0

+ View more people

990

Filed on Aug. 13, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$24,010,773

Expenses

$18,370,849

Net Income

$5,639,924

Net Assets

$92,758,891

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$16,222,713	67.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$14,965	0.1%
Net Inventory Sales	$0
Other Revenue	$7,773,095	32.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,340,596	7.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,149,495	11.7%

Assets/Debt
Total Assets	$1,333,105,498
Total Liabilities	$1,240,346,607
Net Assets	$92,758,891

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jeffrey Merry (President/Ceo)	$325,000	$0	$48,168
Phillip Cochran (Svp/Chief Investment Offic)	$203,857	$0	$32,049
Sandra Swofford (Svp, Marketing & Business)	$186,596	$0	$31,276
Ben Williams (Svp/Cto)	$181,007	$0	$36,908
Susan Stack (Svp/Cfo)	$153,200	$0	$21,409
Marsha Hahn (Svp/Ky Operations)	$150,994	$0	$19,820
Karla Knisley (Svp/Coo)	$139,942	$0	$19,817
Chris Hartung (Vp/Risk Management)	$121,947	$0	$31,916
Lisa Wright (Vp/Adminstration)	$116,989	$0	$30,984
Barry Shulam (Manager, Development)	$102,274	$0	$30,879
Sanford Brotzman (Manager, It)	$101,861	$0	$30,811
John Jacoway (Chairman)	$0	$0	$0
Todd Swims (Vice Chairman)	$0	$0	$0
Ron Smith (Treasurer)	$0	$0	$0
Sandy Lingerfelt (Director)	$0	$0	$0
Rick Mikels (Director)	$0	$0	$0
Mike Cooper (Secretary)	$0	$0	$0
Sandra Yocum (Director)	$0	$0	$0
Brian Trotter (Director)	$0	$0	$0
Judy Hester (Director)	$0	$0	$0

+ View more people

990

Filed on July 30, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$18,119,218

Expenses

$12,905,580

Net Income

$5,213,638

Net Assets

$87,150,720

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$10,670,207	58.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,885	0.0%
Net Inventory Sales	$0
Other Revenue	$7,445,126	41.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,246,686	9.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,997,645	15.5%

Assets/Debt
Total Assets	$1,346,419,914
Total Liabilities	$1,259,269,194
Net Assets	$87,150,720

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Jeffrey Merry (President/Ceo)	$276,505	$0	$45,269
Phillip Cochran (Svp/Chief Investment Office)	$213,444	$0	$30,717
Sandra Swofford (Svp, Marketing & Business)	$180,451	$0	$30,656
Ben Williams (Svp/Cto)	$171,233	$0	$35,546
Susan Stack (Svp/Controller)	$141,140	$0	$20,577
Karla Knisley (Svp/Coo)	$133,473	$0	$19,504
Marsha Hahn (Svp/Ky Operations)	$130,440	$0	$18,887
Chris Hartung (Vp/Risk Management)	$122,427	$0	$31,005
Michelle Douglas (Vp/Business Development & Consulting)	$112,590	$0	$29,928
Lisa Wright (Vp/Adminstration)	$110,380	$0	$29,763
Susan Wilkerson (Vp/Compliance)	$101,260	$0	$10,331
John Jacoway (Chairman)	$0	$0	$0
Todd Swims (Vice Chairman)	$0	$0	$0
Gayle Hamilton (Secretary)	$0	$0	$0
Ron Smith (Treasurer)	$0	$0	$0
Sandy Lingerfelt (Director)	$0	$0	$0
Rick Mikels (Director)	$0	$0	$0
Mike Cooper (Director)	$0	$0	$0
Sandra Yocum (Director)	$0	$0	$0
Brian Trotter (Dirrector)	$0	$0	$0

+ View more people

990

Filed on Aug. 23, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$14,234,652

Expenses

$11,523,878

Net Income

$2,710,774

Net Assets

$81,785,028

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$6,694,192	47.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$16,213	0.1%
Net Inventory Sales	$0
Other Revenue	$7,524,247	52.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,373,212	11.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,058,419	17.9%

Assets/Debt
Total Assets	$1,331,821,870
Total Liabilities	$1,250,036,842
Net Assets	$81,785,028

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Rick Veach (President/Ceo)	$375,322	$0	$44,107
Charles Thomas (Svp/West Virgina Operation)	$214,629	$0	$17,922
Phillip Cochran (Vp/Chief Investment Office)	$198,444	$0	$29,429
Jeffrey Merry (Svp/Cfo)	$185,935	$0	$36,560
Sandra Swofford (Svp, Marketing & Business)	$166,938	$0	$29,036
Ben Williams (Svp/Cto)	$166,243	$0	$34,547
Karla Knisley (Svp/Coo)	$145,607	$0	$20,400
Marsha Hahn (Svp/Ky Operations)	$118,536	$0	$18,669
Chris Hartung (Vp/Risk Management)	$111,914	$0	$29,418
Susan Stack (Vp, Controller)	$110,916	$0	$17,268
Michelle Palmer (Vp/Consulting & Business D)	$108,576	$0	$22,938
Lisa Wright (Vp/Adminstration)	$107,183	$0	$28,952
John Jacoway (Chairman)	$0	$0	$0
Todd Swims (Vice Chairman)	$0	$0	$0
Sandy Lingerfelt (Secretary)	$0	$0	$0
Ron Smith (Treasurer)	$0	$0	$0
Gayle Hamilton (Director)	$0	$0	$0
Rick Mikels (Director)	$0	$0	$0
Mike Cooper (Director)	$0	$0	$0
Sandra Yocum (Director)	$0	$0	$0

+ View more people

990

Filed on May 16, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$12,271,724

Expenses

$10,780,980

Net Income

$1,490,744

Net Assets

$81,624,601

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$5,372,240	43.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$27,846	0.2%
Net Inventory Sales	$0
Other Revenue	$6,871,638	56.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,199,780	11.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,163,475	20.1%

Assets/Debt
Total Assets	$1,220,835,970
Total Liabilities	$1,139,211,369
Net Assets	$81,624,601

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Rick Veach (President/Ceo)	$354,761	$0	$51,064
Phillip Cochran (Vp/Chief Investment Office)	$182,622	$0	$24,760
Jeffrey Merry (Svp/Cfo)	$177,301	$0	$29,159
Ben Williams (Svp/Cto)	$160,679	$0	$31,370
Karla Knisley (Svp/Coo)	$155,367	$0	$21,487
Sandra Swofford (Svp, Marketing & Business)	$153,748	$0	$32,158
Charles Thomas (Svp/West Virgina Operation)	$142,250	$0	$22,495
Susan Stack (Vp, Controller)	$105,798	$0	$9,098
Michelle Palmer (Vp/Consulting & Business Development)	$105,415	$0	$16,330
Lisa Wright (Vp/Adminstration)	$103,949	$0	$14,655
Marsha Hahn (Svp/Ky Operations)	$55,673	$0	$4,712
John Jacoway (Chairman)	$0	$0	$0
Chris Johnson (Vice Chairman)	$0	$0	$0
Bonnie Sensing (Secretary)	$0	$0	$0
Ken Swann (Treasurer)	$0	$0	$0
Gayle Hamilton (Director)	$0	$0	$0
Sandy Lingerfelt (Director)	$0	$0	$0
Rick Mikels (Director)	$0	$0	$0
Todd Swims (Director)	$0	$0	$0
Sandra Yocum (Director)	$0	$0	$0

+ View more people

990

Filed on Aug. 17, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$11,874,444

Expenses

$9,787,184

Net Income

$2,087,260

Net Assets

$76,027,021

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$5,148,792	43.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$94,807	0.8%
Net Inventory Sales	$0
Other Revenue	$6,630,845	55.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,665,688	17.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,495,781	15.3%

Assets/Debt
Total Assets	$1,022,322,909
Total Liabilities	$946,295,888
Net Assets	$76,027,021

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Rick Veach (President/Ceo)	$904,143	$0	$10,449
Phillip Cochran (Vp/Chief Investment Officer)	$186,111	$0	$13,984
Jeffrey Merry (Svp/Cfo)	$171,377	$0	$14,358
Ben Williams (Svp/Cto)	$154,622	$0	$16,152
Karla Knisley (Svp/Coo)	$148,521	$0	$5,135
Sandra Swofford (Svp, Marketing & Business Development)	$147,948	$0	$10,211
Charles Thomas (Svp/West Virgina Operation)	$139,077	$0	$5,291
Susan Stack (Vp, Controller)	$102,535	$0	$4,940
Ken Swann (Chairman)	$0	$0	$0
Wade Stapleton (Vice Chairman)	$0	$0	$0
Rick Mikels (Director)	$0	$0	$0
John Jacoway (Treasurer)	$0	$0	$0
Chris Johnson (Director)	$0	$0	$0
Janice Jones (Secretary)	$0	$0	$0
Bonnie Sensing (Director)	$0	$0	$0
Sandra Yocum (Director)	$0	$0	$0
Todd Swims (Director)	$0	$0	$0

+ View more people

990

Filed on May 14, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$14,043,387

Expenses

$11,913,269

Net Income

$2,130,118

Net Assets

$76,405,108

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$7,011,956	49.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$183,249	1.3%
Net Inventory Sales	$0
Other Revenue	$6,848,182	48.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$1,116,353	9.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,179,925,197
Total Liabilities	$1,103,520,089
Net Assets	$76,405,108

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$13,820,836

Expenses

$11,177,652

Net Income

$2,643,184

Net Assets

$61,680,117

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$7,635,701	55.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$113,973	0.8%
Net Inventory Sales	$0
Other Revenue	$6,071,162	43.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$794,947	7.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,993,021	17.8%

Assets/Debt
Total Assets	$1,212,770,016
Total Liabilities	$1,151,089,899
Net Assets	$61,680,117

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated November 21, 2024

Volunteer Corporate Credit Union

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $119M (2023)

Expenses $98.2M (2023)

Total Assets $1.83B (2023)

Total Liabilities $1.67B (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Revenue

$119M (2023)

Expenses

$98.2M (2023)

Total Assets

$1.83B (2023)

Total Liabilities

$1.67B (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004