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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 Valley First Credit Union

Valley First Credit Union

Fiscal year ending 2018. Filed on November 14, 2019.

1005 W Orangeburg Avenue
1100
Modesto, California 95350

Valley First Credit Union (EIN: 94-1439553) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2018 IRS Form 990 filing, Valley First Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 216 total employees. Among the employees shown here, the average compensation is $226,717. The highest compensated employee at Valley First Credit Union is Hank Barrett with fiscal year 2018 compensation of $601,850.

Revenue, expenses, and employee compensation

Revenue

$30,019,835

Expenses

$29,159,915

Employee compensation

$11,792,481
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Hank Barrett
President and Chief Executive Officer
$601,850
$558,917 No related comp$42,933
Dennis Barta
Vice President, Finance
$237,099
$175,249 No related comp$61,850
Anita Morphew
Vice President, Marketing
$215,938
$163,072 No related comp$52,866
Paul Emanuels
Vice President, Lending
$202,711
$164,525 No related comp$38,186
Catherine Rando
Vice President, Information Services
$188,093
$167,463 No related comp$20,630
Laura Apperson
Vice President, Human Resources
$142,054
$135,438 No related comp$6,616
Traci Nagasawa
Vice President Member Service
$120,414
$114,856 No related comp$5,558
James Kelly
Vice President, Administration
$110,841
$110,841 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Chris Peterson
Secretary
Fred Cruz
Board Chair
Gary Hall
Treasurer
Judy Jensen
Vice Chair
Matt Sinclair
Director
Patti Gillihan
Director
Tom Kane
Director

Contractors

Jack Henry & Associates Inc.
Computer Support
$598,896
Kasasa Ltd.
Deposit Product Support
$493,465
Arca Tech Systems LLC
Computer Support
$404,531
Q2 Software Inc.
Computer Support
$373,097
Financial Tech Solutions International (Ftsi)
Computer Support
$324,494

Mission Statement

WORKING TOGETHER TO PROVIDE SUPERIOR SERVICE FOR OUR MEMBERS AND COMMUNITY

Revisions to this organization profile

November 17, 2025:
2024 Valley First Credit Union 990 filed
November 12, 2024:
2023 Valley First Credit Union 990 filed
November 15, 2023:
2022 Valley First Credit Union 990 filed

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