Valley Strong Credit Union

  • Bakersfield, CA
  • Tax exemption issued: Sept. 2021
  • EIN: 95-1652797

Organization summary

Type of Nonprofit

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

Category: Public, Society Benefit — Multipurpose and Other / Credit Unions (NTEE)

Donations to this organization are not tax deductible.

Details

According to its Dec. 2024 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.

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. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$263,698,848
Expenses
$233,387,885
Net Income
$30,310,963
Net Assets
$317,962,906
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $229,921,616
87.2%
Investment Income $21,378,168
8.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$611,798
Net Inventory Sales $0
Other Revenue $13,010,862
4.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $22,108,731
9.5%
Professional Fundraising Fees $0
Other Salaries and Wages $30,824,965
13.2%
Assets/Debt
Total Assets $3,916,563,936
Total Liabilities $3,598,601,030
Net Assets $317,962,906
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Michael P Duffy Retired (Evp/chief Advocacy Officer) $4,465,260 $0 $83,960
Nora M Stroh Retired (Legacy Ambassador) $1,601,812 $0 $62,807
Steven G Leiga Retired (Vp Of Accounting) $1,565,315 $0 $83,960
Nicholas Ambrosini (President/ceo) $1,475,711 $0 $84,136
Frank Xiaodong Feng (Licensed Financial Advisor) $1,005,110 $0 $9,588
Mirella Elizabeth Reznic (Evp/chief Strategy Officer) $958,430 $0 $52,577
Steven Matejka (Evp/chief Operating Officer) $908,495 $0 $52,830
Charles Allen Smith (Svp/chief Lending Officer) $543,802 $0 $40,140
Erin Rickelle Estelle (Svp/chief Marketing Officer) $538,738 $0 $76,003
Lindsey A Balukoff Strange (Svp/chief Retail Officer) $528,421 $0 $9,186
Stephen C Roach Retired (Svp/chief Digital Officer) $525,276 $0 $74,676
Lindsay Reyes (Svp/cfo) $508,591 $0 $82,451
Deanna L Blaise (Svp/chief Business Officer) $508,047 $0 $75,582
Mark Manns (Svp/chief Human Resources) $448,988 $0 $46,893
James B Hussey (Vp Of Wealth Management) $437,969 $0 $83,053
Brian Grant Reynolds (Vp Of Real Estate Lending) $406,965 $0 $18,623
Niki Myrto Koimtzoglou (Svp/chief Compliance Officer) $346,621 $0 $84,306
Kevin Michael Lange (Vp Of Finance And Capital Markets) $335,655 $0 $77,539
Joshua Allen Fetting (Vp Of Consumer Lending) $312,280 $0 $54,960
Edward Keelin Jr (It Governance Manager) $300,279 $0 $6,332
Christopher C Trivers (Vp Salesforce Enterprise) $285,710 $0 $80,543
Richard Neal Sazama (Vp Of Facilities And Capital Projects) $275,274 $0 $9,780
Shira B Spector (Vp Of Business Strategy & Insight) $271,480 $0 $16,185
Richard Ramos (Licensed Financial Advisor) $267,423 $0 $9,304
Chei Whitmore (Market President) $264,626 $0 $75,452
See filing for compensation of 28 other people →
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Document Links

990
Filed on Oct. 29, 2025

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$265,074,915
Expenses
$246,997,316
Net Income
$18,077,599
Net Assets
$282,299,853
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $234,095,978
88.3%
Investment Income $15,757,453
5.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $238,500
0.1%
Net Inventory Sales $0
Other Revenue $14,982,984
5.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $16,714,981
6.8%
Professional Fundraising Fees $0
Other Salaries and Wages $36,704,362
14.9%
Assets/Debt
Total Assets $4,028,096,555
Total Liabilities $3,745,796,702
Net Assets $282,299,853
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nora M Stroh Retired (Legacy Ambassador) $1,606,131 $0 $56,529
Nicholas Ambrosini (President/ceo) $1,368,064 $0 $74,311
Steven G Leiga Retired (Vp Of Accounting) $1,219,538 $0 $90,499
Michael P Duffy Retired (Evp/chief Advocacy Officer) $925,280 $0 $95,707
Frank Xiaodong Feng (Financial Services Professional) $857,990 $0 $6,776
Steven Matejka (Evp/coo) $829,791 $0 $63,849
Mirella Elizabeth Reznic (Evp/chief Strategy Officer) $712,359 $0 $63,665
Charles Allen Smith (Svp/chief Lending Officer) $531,522 $0 $37,994
Lindsey A Balukoff Strange (Svp/chief Retail Officer) $518,010 $0 $9,116
Deanna L Blaise (Svp Of Member Business Services) $465,947 $0 $72,050
Erin Rickelle Estelle (Svp/chief Marketing Officer) $464,973 $0 $71,748
Mark Manns (Svp/chief Human Resources Officer) $459,674 $0 $38,049
Lindsay Reyes (Svp/cfo) $440,277 $0 $54,847
James B Hussey (Vp Of Wealth Management) $397,749 $0 $78,138
Kevin Mccloskey (Director Of It Development) $392,106 $0 $73,615
Brian Grant Reynolds (Vp Of Real Estate Lending) $381,039 $0 $65,602
Niki Myrto Koimtzoglou (Svp/chief Compliance Officer) $334,586 $0 $10,591
Stephen C Roach Retired (Svp/chief Digital Officer) $309,371 $0 $70,882
Joshua Allen Fetting (Vp Of Consumer Lending) $294,372 $0 $51,715
Richard Neal Sazama (Head Of Facilities & Capital Projects) $258,707 $0 $10,158
Shonna Shearson (Svp Of Operations) $256,084 $0 $4,925
Chei Whitmore (Market President) $246,631 $0 $70,525
Shira B Spector (Vp Of Data Office/advanced Analytics) $236,487 $0 $13,518
Kathleen Julia Kelly (Market President) $230,923 $0 $45,945
Bridget Lynn Johnson (Market President) $226,925 $0 $47,050
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990
Filed on Oct. 15, 2024

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$194,067,226
Expenses
$177,414,551
Net Income
$16,652,675
Net Assets
$301,263,546
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $184,022,787
94.8%
Investment Income $9,607,771
5.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$4,727,261
Net Inventory Sales $0
Other Revenue $5,163,929
2.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $14,331,920
8.1%
Professional Fundraising Fees $0
Other Salaries and Wages $36,404,359
20.5%
Assets/Debt
Total Assets $4,187,947,178
Total Liabilities $3,886,683,632
Net Assets $301,263,546
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Nicholas Ambrosini (President/ceo) $1,273,801 $0 $71,747
Michael P Duffy (Evp/chief Advocacy Officer) $1,004,706 $0 $83,339
Steven Matejka (Evp/coo) $801,278 $0 $45,874
Frank Xiaodong Feng (Financial Services Professional) $751,614 $0 $18,063
Mirella Elizabeth Reznic (Evp/chief Strategy Officer) $731,082 $0 $45,690
Charles Allen Smith (Svp/chief Lending Officer) $513,958 $0 $35,305
Mark Manns (Svp/chief Human Resources Officer) $439,712 $0 $13,766
Deanna L Blaise (Svp Of Member Business Services) $439,629 $0 $67,247
Stephen C Roach (Svp/chief Digital Officer) $428,151 $0 $71,837
Erin Rickelle Estelle (Svp/chief Marketing Officer) $423,959 $0 $65,545
Shonna Shearson (Svp Of Operations) $421,575 $0 $12,678
James B Hussey (Vp Of Wealth Management) $402,655 $0 $70,247
Lindsay Reyes (Svp/cfo) $382,009 $0 $50,649
Brian Grant Reynolds (Vp Of Real Estate Lending) $374,098 $0 $65,883
David James Rainwater (Senior Project Manager) $344,579 $0 $18,168
Amanda Joan Verstl (Human Resources Manager) $343,501 $0 $10,041
Lindsey A Balukoff Strange (Svp/chief Retail Officer) $333,448 $0 $5,379
Niki Myrto Koimtzoglou (Svp/chief Compliance Officer) $303,729 $0 $9,315
Nora M Stroh (Legacy Ambassador) $302,546 $0 $59,268
Hena Raina Bhat (Svp/chief Technology Officer) $302,145 $0 $23,253
Steven G Leiga (Vp Of Accounting) $269,728 $0 $85,020
Joshua Allen Fetting (Vp Of Consumer Lending) $265,494 $0 $53,487
Chei Whitmore (Market President) $252,573 $0 $65,075
Renee Killion (Director Of Marketing) $245,207 $0 $49,541
Lee Jacobs (Vp Of Information Technology) $235,445 $0 $12,811
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990
Filed on Oct. 3, 2023

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

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$131,789,936
Expenses
$100,994,405
Net Income
$30,795,531
Net Assets
$336,113,201
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $106,240,457
80.6%
Investment Income $8,246,933
6.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $14,610,887
11.1%
Net Inventory Sales $0
Other Revenue $2,691,659
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $12,718,314
12.6%
Professional Fundraising Fees $0
Other Salaries and Wages $22,045,841
21.8%
Assets/Debt
Total Assets $3,451,789,893
Total Liabilities $3,115,676,692
Net Assets $336,113,201
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stephen P Renock Iv Former (President/ceo) $3,246,433 $0 $50,038
Nicholas Ambrosini (President/ceo) $1,297,309 $0 $50,038
Steven Matejka (Evp/coo) $753,849 $0 $31,949
Charles Allen Smith (Svp/chief Lending Officer) $467,085 $0 $27,653
Mark Manns (Svp/chief Human Resources Officer) $418,518 $0 $11,600
Stephen Roach (Svp/chief Digital Officer) $415,878 $0 $50,038
Cornelius R Marshall Former (Svp/chief Retail Officer) $400,000 $0 $40,718
Shonna Shearson (Svp Of Operations) $375,735 $0 $9,057
James B Hussey (Vp Of Wealth Management) $371,067 $0 $49,587
Deanna Blaise (Svp Of Member Business Services) $338,670 $0 $45,951
Lindsay Reyes (Svp/cfo) $269,485 $0 $35,209
Chei Whitmore (Vp Of Branches) $243,357 $0 $48,032
Christopher Hanson (Vp, Data Office And Advanced Analytics) $209,195 $0 $8,749
Nora Stroh (Market President) $206,078 $0 $13,601
Kathleen Julia Kelly (Market President) $201,508 $0 $23,587
Steven G Leiga (Vp Of Accounting) $199,954 $0 $17,166
Maria Trancoso (Senior Business Banking Officer) $195,853 $0 $8,466
Lee Jacobs (Vp Information Tech) $194,730 $0 $20,657
Amie J Hale (Vp Of Epmo And M&a) $189,733 $0 $4,636
Elizabeth Mirella Reznic (Chief Strategy Officer) $187,650 $0 $14,365
Kevin Mccloskey (Director Of It Development) $187,547 $0 $46,471
Richard Ramos (Financial Services Professional) $186,375 $0 $8,226
Brian Grant Reynolds (Vice President Of Real Estate Lending) $186,050 $0 $1,816
Bridget Lynn Johnson (Head Of Retail Services) $180,902 $0 $29,648
Retha Cameron Former (Compliance Officer) $176,148 $0 $7,873
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990
Filed on Oct. 25, 2022

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

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$99,760,280
Expenses
$80,210,784
Net Income
$19,549,496
Net Assets
$208,163,407
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $76,560,645
76.7%
Investment Income $7,802,042
7.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $12,102,287
12.1%
Net Inventory Sales $0
Other Revenue $3,295,306
3.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $9,143,140
11.4%
Professional Fundraising Fees $0
Other Salaries and Wages $20,150,100
25.1%
Assets/Debt
Total Assets $2,205,905,112
Total Liabilities $1,997,741,705
Net Assets $208,163,407
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stephen P Renock Iv (President/ceo) $1,937,593 $0 $547,612
Steven Matejka (Evp/coo) $1,026,141 $0 $56,737
Michael George Former (Svp/chief Marketing Innovation & Advocacy Officer) $881,343 $0 $58,597
Nicholas Ambrosini (Evp/cfo) $801,441 $0 $49,689
Rudy Tafoya Former (Svp Chief Lending Officer) $400,000 $0 $26,772
Mark Manns (Svp/chief Human Resources Officer) $397,635 $0 $8,887
Stephen Roach (Svp/chief Information Officer) $388,845 $0 $53,000
Charles Smith (Svp/chief Lending Officer) $331,086 $0 $22,293
James Hussey (Director Of Wealth Management) $316,494 $0 $52,029
Deanna Blaise (Vp Of Member Business Services) $295,175 $0 $50,856
Shonna Shearson (Svp Of Operations) $257,427 $0 $9,847
Chei Whitmore (Vp Of Branches) $224,365 $0 $47,018
Timothy Spencer (Vp Of Lending) $218,117 $0 $15,692
Christopher Hanson (Vp Of Applications And Development) $199,452 $0 $7,952
Lindsay Reyes (Vp Of Accounting) $187,918 $0 $35,636
Lee Jacobs (Vp Of Information Technology) $180,673 $0 $19,550
Amie Hale (Director Of E-services) $177,417 $0 $10,091
Maria Trancoso (Senior Business Banking Officer) $170,144 $0 $9,031
Kevin Mccloskey (Director Of It Development) $169,473 $0 $49,330
Clifford Joseph (Senior Automation Specialist) $163,346 $0 $6,717
Herbert Siegers (Director Of Administrative Services) $140,109 $0 $19,663
Retha Cameron (Compliance Officer) $140,026 $0 $16,119
Vanessa Hudson (Senior Business Lending Manager) $138,220 $0 $46,239
Dr Byron Schaefer (Director) $700 $0 $0
Dr Larry Reider (Chairman) $0 $0 $0
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990
Filed on Nov. 3, 2021

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

View Filing
PDF XML

About This Data

What Is 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 financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited 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 for 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?

Most organizations that have been recognized as tax exempt by the IRS have to file the 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 the 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," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

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

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  • 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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Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

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