Compensation 990

Virginia Credit Union Inc.

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

PO Box 90010
Richmond, Virginia 23225

Virginia Credit Union Inc. (EIN: 54-0578719) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, Virginia Credit Union Inc., a 501(c)(14) state-chartered credit union or mutual reserve fund, reported compensation for 8 out of 914 total employees. Among the employees shown here, the average compensation is $811,197. The highest compensated employee at Virginia Credit Union Inc. is Christopher Shockley with fiscal year 2023 compensation of $1,453,790.

Revenue, expenses, and employee compensation

Revenue

$341,774,027

Expenses

$319,471,859

Employee compensation

$106,751,095
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

－34.4%vs 2022
Christopher Shockley
President and Chief Executive Officer
$1,453,790
$1,136,990 from orgNo related comp$316,800 other
＋0.9%vs 2022
Christopher N Saneda
Sevp/Coo
$1,294,081
$1,085,363 from orgNo related comp$208,718 other
＋1.7%vs 2022
Stephanie Vick
Executive Vice President and Chief Financial Officer
$856,553
$768,990 from orgNo related comp$87,563 other
＋0.1%vs 2022
Lee Dranoff
Executive Vice President Lending
$594,315
$471,048 from orgNo related comp$123,267 other
－2.9%vs 2022
John Stone
Executive Vice President FIN Ser/Cuso PRES
$583,553
$516,705 from orgNo related comp$66,848 other
＋24.3%vs 2018
Deborah Wreden
Executive Vice President Product and Strategy
$575,584
$469,262 from orgNo related comp$106,322 other
＋1.5%vs 2022
Maryann Fatheddin
Executive Vice President Human Resources
$566,785
$490,637 from orgNo related comp$76,148 other
＋1.8%vs 2022
Michael Noble
Executive Vice President Chief BUS Banking OFFI
$564,917
$487,201 from orgNo related comp$77,716 other

Non-Employee Board Members

＋154.2%vs 2022
Melina Davis
Director/Board VICE Chair
$6,165
$6,165 from orgNo related compNo other comp
＋12.0%vs 2022
Robert Bolling
Treasurer and Secretary and Director
$6,165
$6,165 from orgNo related compNo other comp
＋136.2%vs 2022
Brian K Jackson
Director
$6,165
$6,165 from orgNo related compNo other comp
＋2.0%vs 2022
Kenneth E Ampy
Board Chair and Director
$6,165
$6,165 from orgNo related compNo other comp
＋185.2%vs 2022
Paul Thompson
Director
$6,165
$6,165 from orgNo related compNo other comp
＋75.4%vs 2022
Eric B Tolbert
Director
$5,736
$5,736 from orgNo related compNo other comp
New in 2023
Robert Jones
Director
$5,618
$5,618 from orgNo related compNo other comp
＋83.8%vs 2022
Patricia Green
Director
$4,260
$4,260 from orgNo related compNo other comp
＋123.8%vs 2022
John T Grier
Director
$1,488
$1,488 from orgNo related compNo other comp
－100%vs 2022
Kimberly Baine
Director
No compensation reported
－100%vs 2022
Tracy McCabe
Director
No compensation reported

Mission Statement

TO BE OUR MEMBERS' TRUSTED PROVIDER OF FINANCIAL SERVICES, HELPING THEM ACHIEVE GREATER SUCCESS.

Revisions to this organization profile

November 13, 2024:
2023 Virginia Credit Union Inc. 990 filed
November 14, 2023:
2022 Virginia Credit Union Inc. 990 filed
November 15, 2022:
2021 Virginia Credit Union Inc. 990 filed

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