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LOUDOUN CREDIT UNION

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Public IRS 990 nonprofit record

LOUDOUN CREDIT UNION

EIN 54-1117966

What they do

OPERATED for THE MUTAL PURPOSES and WITHOUT PROFIT for THE PURPOSE of PROVIDING RESERVE FUNDS for ASSOCIATIONS or BANKS and INSURANCE of SHARES or DEPOSITS

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$105.76spent for every $100 of revenueSpending was higher than revenue this year.
$18.83in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $164,105 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $106,783 for MICHAEL FALVEY (CEO & CFO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$2,847,125
Expenses$3,011,230
Annual shortfall $164,105 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$2,847,125
Expenses$3,011,230
Assets$56,702,080
Grants given$62,914
Average grant$12,583
Stocks and bonds$32,498,244
Accounting fees$33,180
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MICHAEL FALVEYCEO & CFO · 50 hrs/week $106,783
TRAVIS ALLENCEO · 50 hrs/week $95,930
KATHLEEN BROADHURSTDIRECTOR OF FINANCE · 50 hrs/week $84,338

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

MICHAEL FALVEYCEO & CFO

TRAVIS ALLENCEO

KATHLEEN BROADHURSTDIRECTOR OF FINANCE

ANNIE CARLSONDIRECTOR

BRIAN TINSMANDIRECTOR

CINDY MESTERBOARD CHAIR

DR RODNEY KANDERTREASURER

ERIC JEWELLVICE CHAIR

KINDRA DIONNEDIRECTOR

LISA STILLMANDIRECTOR

MONIKA DIXITDIRECTOR

OLLIE HENSONDIRECTOR

PAMELA DEPOYDIRECTOR

SHELLYMORRIS

TIM DEPOYDIRECTOR

About this charity

Location
801 SYCOLIN RD SE 101, LEESBURG, VA 20175
County
Loudoun
In care of
MICHAEL FALVEY
Primary officer
MICHAEL FALVEY, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BROWN EDWARDS & COMPANY LLP
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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