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CHEVRON VALLEY CREDIT UNION

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Tax-exempt status may be revoked

CHEVRON VALLEY CREDIT UNION

EIN 95-1244887

What they do

A COOPERATIVE, ORGANIZED for THE PURPOSE of PROMOTING THRIFT and SAVINGS AMONG ITS MEMBERS, CREATING A SOURCE of CREDIT for THEM AT RATES of INTEREST SET BY THE BOARD of DIRECTORS, and PROVIDING AN OPPORTUNITY for THEM to USE and CONTROL THEIR OWN MONEY ON A DEMOCRATIC BASIS IN ORDER to IMPROVE THEIR ECONOMIC and SOCIAL CONDITIONS. AS A COOPERATIVE, CHEVRON VALLEY CREDIT UNION CONDUCTS ITS BUSINESS for THE MUTUAL BENEFIT and GENERAL WELFARE of ITS MEMBERS WITH THE EARNINGS, SAVINGS, BENEFITS, or SERVICES of THE CREDIT UNION BEING DISTRIBUTED to ITS MEMBERS AS PATRONS.

Before you give

Should I give to this charity?

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This record may have an IRS status problem. Do not give until you verify it.

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 checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2016The report may be old. Ask for a newer one.

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

They name their leaders17 people are listed in the latest report.

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

Money made simple

$99.69spent for every $100 of revenueRevenue covered expenses this year.
$17.76in assets for every $1 spent this yearSome assets cannot be spent right away.

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  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.

Pay context: The highest compensation shown in this filing is $202,894 for NEIL SAWYER (PRESIDENT/CEO). 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 2016

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$7,041,055
Expenses$7,019,149
Annual surplus $21,906 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$7,041,055
Expenses$7,019,149
Assets$124,667,431
Stocks and bonds$24,266,303
Accounting fees$35,000
Investing fees$35,640
People

Leadership and board

Tax year 2016

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

People reported as paid

Person and titleCompensation
NEIL SAWYERPRESIDENT/CEO · 40 hrs/week $202,894Base $159,526 · Other $43,368
GAIL MAYVP OF LENDING/IT · 40 hrs/week $113,710Base $75,640 · Other $38,070
BRANDON HALLVP OF MARKETING AND STRATE · 40 hrs/week $102,411Base $90,289 · Other $12,122
KATHRYN SHAFFERVP OF SALES & MEMBER SERVI · 40 hrs/week $101,448Base $71,154 · Other $30,294
CAROL DOBBSVICE PRESIDENT/CFO · 40 hrs/week $101,383Base $91,636 · Other $9,747
MARIE RODRIQUEZVP OF OPERATIONS · 40 hrs/week $99,839Base $84,721 · Other $15,118
ELIZABETH NORRISVP OF TRAINING & BUSINESS · 40 hrs/week $92,787Base $80,842 · Other $11,945

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 (17)

NEIL SAWYERPRESIDENT/CEO

GAIL MAYVP OF LENDING/IT

BRANDON HALLVP OF MARKETING AND STRATE

KATHRYN SHAFFERVP OF SALES & MEMBER SERVI

CAROL DOBBSVICE PRESIDENT/CFO

MARIE RODRIQUEZVP OF OPERATIONS

ELIZABETH NORRISVP OF TRAINING & BUSINESS

VERNON POWERSCHAIRMAN

ADELE WARDSUPV CMTE MEMBER

TRACY CHITWOODVICE CHAIRMAN

RONALD WOLFESECRETARY/TREASURER

RICHARD ROSSDIRECTOR

MICHAEL BENNETTDIRECTOR

JOYCE BLUESUPV CMTE MEMBER

JANICE DILLINGHAMSUPV CMTE CHAIRPERSON

DIANE JONESDIRECTOR

DAWN COLEDIRECTOR

About this charity

Location
8200 GRANITE FALLS DRIVE, BAKERSFIELD, CA 93312
County
Kern
In care of
CAROL DOBBS
Primary officer
CAROL DOBBS, EVP RISK MGMT

How to reach them

Filing and classification

Latest tax year
2016
Tax period began
January 1, 2016
Return type
990
Tax preparer
TURNER WARREN HWANG & CONRAD ACCTCY
Revocation date
July 15, 2020

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

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