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 2023. Filed on November 15, 2024.

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 2023 IRS Form 990 filing, Valleystar Credit Union, a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 22 out of 189 total employees. Among the employees shown here, the average compensation is $184,170. The highest compensated employee at Valleystar Credit Union is Michael Warrell with fiscal year 2023 compensation of $566,198. Valleystar Credit Union changed its name from Martinsville Dupont Credit Union Dba Valleystar Credit Union in 2020.

Revenue, expenses, and employee compensation

Revenue

$44,706,028

Expenses

$43,107,110

Employee compensation

$14,131,728
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Warrell
President and Chief Executive Officer
$566,198
$566,198 No related compNo other comp
Kevin B Laine
Executive Vice President
$315,451
$315,451 No related compNo other comp
Mendy Shaffer
Chief Financial Officer
$274,679
$274,679 No related compNo other comp
Robert Sparrow
Chief Risk Officer
$265,895
$265,895 No related compNo other comp
Justin Barnes
Chief Lending Officer
$251,162
$251,162 No related compNo other comp
Misty Reed
Senior Vice President of Credit Admin
$244,495
$244,495 No related compNo other comp
Leslie Rakes
Senior Vice President, Human Resources
$227,761
$227,761 No related compNo other comp
Angela Davis
Senior Vice President and Chief Operating Officer
$205,373
$205,373 No related compNo other comp
Benjamin McBride
Senior Vice President of IT
$204,797
$204,797 No related compNo other comp
Jordan Weatherholtz
Vice President of DATA Analytics
$189,788
$189,788 No related compNo other comp
John Hudson
Vice President of Comsumer Lending
$157,730
$157,730 No related compNo other comp
Susan Chapman
Chief Marketing Officers
$133,799
$133,799 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

James B Rorrer
Chair and Director
$6,000
$6,000 No related compNo other comp
David L Deal
Secretary and Director
$6,000
$6,000 No related compNo other comp
Gregory W Hill
Director and Legislative REP
$6,000
$6,000 No related compNo other comp
Nancy S Phillips
Director
$6,000
$6,000 No related compNo other comp
G Steve Isley
Director
$6,000
$6,000 No related compNo other comp
Terry A Young
Director
$6,000
$6,000 No related compNo other comp
Douglas W Nunn
Director
$6,000
$6,000 No related compNo other comp
Betty Jo Ray
Vice Chair and Director
$6,000
$6,000 No related compNo other comp
Jason Vipperman
Treasurer and Director
$6,000
$6,000 No related compNo other comp
Sandy Hines
Supervisory Committee Member
$4,800
$4,800 No related compNo other comp
Sandy Strayer
Supervisory Committee Member
$4,800
$4,800 No related compNo other comp
Cameron Cooper
Supervisory Committee Member
$4,800
$4,800 No related compNo other comp

Contractors

Alm First Financial Advisors LLC
Asset Liability Management
$241,950
Lafayette Ayers & Whitlock
Lawyer
$140,593
Bassett Office Supplies
Office Supplies
$118,934

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 →