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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Baylands Family Credit Union

Baylands Family Credit Union

Fiscal year ending 2023. Filed on May 13, 2024.

PO Box 392
West Point, Virginia 23181

Baylands Family Credit Union (EIN: 54-6038172) has filed an IRS Form 990 between fiscal years 2018 and 2023. In its fiscal year 2023 IRS Form 990 filing, Baylands Family Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 6 out of 29 total employees. Among the employees shown here, the average compensation is $106,212. The highest compensated employee at Baylands Family Credit Union is Teresa Millis with fiscal year 2023 compensation of $106,212.

Revenue, expenses, and employee compensation

Revenue

$4,409,839

Expenses

$3,977,247

Employee compensation

$1,585,919
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Teresa Millis
Chief Executive Officer
$106,212
$106,212 No related compNo other comp
Carolyn B Lockley
Secretary
$0
Joseph F Drexler III
Vice Chair
$0
M Ragan Hart
Chair, Supervisory Committ
$0
George R Carter
Chair
$0
Deborah T Ball
Assistant Secretary
$0

Benchmark Employee Compensation

Non-Employee Board Members

Christine L Hite
Supervisory Committee Member
Martha E Hart
Director
Mary G Simmons
401(K) and Pension Trustee
Terry A Reed
Director
Todd C Welch
Director
Troy E Foster
Director

Mission Statement

BAYLANDS FAMILY CREDIT UNION IS COMMITTED TO SERVING THE FINANCIAL NEEDS OF OUR MEMBERSHIP. IT IS OUR RESPONSIBILITY TO MAXIMIZE THE BENEFITS TO OUR MEMBERS WHILE MAINTAINING FINANCIAL STABILITY.WE WILL PROVIDE A CLIMATE IN WHICH OUR EMPLOYEES ARE STIMULATED TO ACHIEVE OUTSTANDING PERFORMANCE AND PROFESSIONALISM.WE ARE A MEMBER-OWNED INSTITUTION THAT EXISTS NOT FOR PROFIT, BUT FOR SERVICE."

Revisions to this organization profile

May 13, 2024:
2023 Baylands Family Credit Union 990 filed
May 10, 2023:
2022 Baylands Family Credit Union 990 filed
May 16, 2022:
2021 Baylands Family Credit Union 990 filed

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