Compensation 990
OrganizationsEmployeesBoard MembersGrantsContractorsTop RankingsPricing

Stay updated on 990 organization compensation

© Civic Register LLC

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.

About•Report a discrepancy•Your privacy choices
Organizations Public & Societal Benefit Valleystar Credit Union

Valleystar Credit Union

Fiscal year ending 2020. Filed on August 24, 2021.

P O Box 5511
Martinsville, Virginia 24115

Valleystar Credit Union (EIN: 54-6040482) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2020 IRS Form 990 filing, Valleystar Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 19 out of 176 total employees. Among the employees shown here, the average compensation is $122,170. The highest compensated employee at Valleystar Credit Union is Delbert Lee Morgan with fiscal year 2020 compensation of $436,060. Valleystar Credit Union changed its name from Martinsville Dupont Credit Union Dba Valleystar Credit Union in 2020.

Revenue, expenses, and employee compensation

Revenue

$27,239,587

Expenses

$26,188,961

Employee compensation

$10,166,660
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Delbert Lee Morgan
President and Chief Executive Officer
$436,060
$392,737 No related comp$43,323
Lisa Lambrecht
Chief Financial Officer
$227,260
$189,637 No related comp$37,623
Justin Barnes
Vice President, Commercial Lending
$156,435
$145,914 No related comp$10,521
William A Reynolds
Vice President Strategic Development
$147,613
$128,104 No related comp$19,509
Mickey Garland
CMO
$141,164
$116,933 No related comp$24,231
Cathy P Johnson
Senior Vice President and Chief Operating Officer
$140,707
$126,555 No related comp$14,152
Jennifer Murphy
Vice President HOME LOAN and Servicing
$135,634
$119,741 No related comp$15,893
Robert Sparrow
Vice President, Risk Management
$128,015
$111,979 No related comp$16,036
Kevin B Laine
Vice President, Facilities
$122,298
$102,712 No related comp$19,586
Mendy Shaffer
Vice President of Accountinng
$121,603
$101,892 No related comp$19,711
Jeanne Newby
Vice President of People and Culture
$119,804
$106,126 No related comp$13,678
Wesley D Williams
Vice President, Information Technology
$119,493
$104,683 No related comp$14,810

Benchmark Employee Compensation

Non-Employee Board Members

Betty Jo Ray
Director
$2,400
$2,400 No related compNo other comp
Gregory W Hill
Director and Legislative REP
$2,400
$2,400 No related compNo other comp
Cheri Spence
Former Director
$2,400
$2,400 No related compNo other comp
Douglas W Nunn
Chair and Director
$2,400
$2,400 No related compNo other comp
G Steve Isley
Treasurer and Director
$2,400
$2,400 No related compNo other comp
David L Deal
Director
$2,400
$2,400 No related compNo other comp
Norman W Hill
Director
$2,400
$2,400 No related compNo other comp
James B Rorrer
Director
$2,400
$2,400 No related compNo other comp
Nancy S Phillips
Secretary and Director
$2,400
$2,400 No related compNo other comp
Michael B Bryant
Director
$2,400
$2,400 No related compNo other comp

Contractors

Spectrum Design PC
Architecture/Design
$116,127

Mission Statement

VALLEYSTAR CREDIT UNION PRIMARY EXEMPT PURPOSE IS TO RETURN EXCESS EARNINGS TO ALL ITS MEMBERS IN THE FORM OF BETTER DEPOSIT/LOAN RATES AND LOWER FEES. VALLEYSTAR CREDIT UNION IS A MEMBER-OWNED FINANCIAL COOPERATIVE WHERE ALL MEMBERS BENEFIT EQUALLY, AND ALL MEMBERS HAVE AN EQUAL VOTE.

Revisions to this organization profile

November 17, 2025:
2024 Valleystar Credit Union 990 filed
November 15, 2024:
2023 Valleystar Credit Union 990 filed
November 2, 2023:
2022 Valleystar Credit Union 990 filed

Get an email when new compensation information is released for Valleystar Credit Union

Be the first to know when new IRS Form 990 data is published for this organization.

Related Jobs

View more jobs
Powered by Talroo
Report a discrepancy →